News Highlights: Top Equities Stories Of The Day
27 September 2016 - 10:59PM
Dow Jones News
Boston Scientific to Buy EndoChoice
Boston Scientific agreed to buy EndoChoice Holdings for roughly
$210 million, expanding its endoscopy business as sales of some
products have slowed.
Credit Suisse CEO Expects Challenging Third Quarter
Credit Suisse Group has faced ongoing challenges in the third
quarter, Chief Executive Tidjane Thiam said, as the Zurich-based
bank moves ahead with thousands of job cuts planned by the end of
this year.
Stricter Rules Squeeze Dutch Bank Profitability, Central Bank
Says
The profitability of Dutch banks is under structural pressure
because of stricter regulatory requirements, which raises the
question whether their financial targets are feasible, the Dutch
central bank said.
Standard Chartered Is Trying to Get Out of Private Equity
For 15 years, Standard Chartered would often double its money on
stakes it bought in up-and-coming companies in Asia, Africa and the
Middle East. Now, losses from some recent investments and a
regulatory clampdown has it looking for ways to get out of private
equity.
Mall Owners Go on Defensive to Rescue Aéropostale
A move by a pair of mall owners to rescue distressed retailer
Aéropostale shows how some landlords are getting more aggressive as
they seek to stem a rising tide of vacancies and store
closings.
Lufthansa Hits Limits of ECB Bond Buying
German airline Deutsche Lufthansa AG pulled a €500 million ($562
million) debt sale on Monday, in an unusual move that signals
limits to the European Central Bank asset-buying program.
(END) Dow Jones Newswires
September 27, 2016 08:44 ET (12:44 GMT)
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