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businessNews reuters.com

China's Dalian Wanda Group says 2017 revenue down 10.8 percent

HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.

companyNews reuters.com

EMERGING MARKETS-Brazil stocks hold near all-time highs; Argentina stocks fall

(Updates prices) By Bruno Federowski BRASILIA, Jan 19 (Reuters) - Brazilian stocks hovered near all-time highs on Friday as optimism over the country's economic prospects sustained demand for local assets, while hopes of a tie-up with Boeing Co boosted shares of Embraer SA . The benchmark Bovespa stock index rose 0.32 percent, hitting an intraday record of 81,429. The bourse was supported by blue chips such as lenders Banco Bradesco SA and Itaú Unibanco Holding SA. Emerging mark

companyNews reuters.com

EMERGING MARKETS-Brazil stocks hold near all-time highs; Embraer jumps

By Bruno Federowski BRASILIA, Jan 19 (Reuters) - Brazilian stocks hovered near all-time highs on Friday as optimism over the nation's economic prospects sustained demand for local assets, while hopes of a tie-up with Boeing Co boosted shares of Embraer SA . The benchmark Bovespa stock index rose 0.2 percent, supported by blue chips such as Vale SA and lenders Banco Bradesco SA and Itaú Unibanco Holding SA . Emerging markets kicked off the year with a rally as several reports show

cnn.com

Return of tactical nuclear weapons would send a dangerous signal

President Trump traveled to the Pentagon on Thursday to discuss the National Defense Strategy, an unclassified version of which will be released Friday. Undoubtedly, key topics of discussion on the new strategy included the proliferation of nuclear weapons and missile technology, and the need for the protection of space assets essential to providing early warning in the event of a nuclear attack.

businessNews reuters.com

Exclusive: Blackstone's Hill hands hedge fund reins to McCormick

BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.

companyNews reuters.com

BRIEF-Webster Financial Records 1-Time Revaluation Adjustment To Net Deferred Tax Assets Of About $20.9 Mln

* WEBSTER FINANCIAL SAYS RECORDED 1-TIME REVALUATION ADJUSTMENT TO NET DEFERRED TAX ASSETS DURING QUARTER ENDED DEC 31, 2017 OF ABOUT $20.9 MILLION - SEC FILING

companyNews reuters.com

BRIEF-Interdigital Says Expect One-Time Charge Of About $40 Million To $55 Million in Q4 2017 Related To Revaluation Of Deferred Tax Assets & Liabilities

* INTERDIGITAL SAYS EXPECT RECORDING IN Q4 2017 ONE-TIME CHARGE OF ABOUT $40 MILLION TO $55 MILLION RELATED TO REVALUATION OF DEFERRED TAX ASSETS & LIABILITIES Source text: (http://bit.ly/2FQgdSw) Further company coverage:

companyNews reuters.com

Alcoa reports bigger quarterly loss

Jan 17 (Reuters) - Aluminum producer Alcoa Corp reported a bigger quarterly loss on Wednesday, hurt by the closure and divestiture of some smelting assets.

companyNews reuters.com

Russian assets give up gains as oil heads lower

MOSCOW, Jan 17 (Reuters) - The Russian rouble and stock indexes stepped further away from recent multi-month peaks on Wednesday as prices for oil, Russia's key exports, inched lower.

companyNews reuters.com

Rio Tinto says U.S. SEC fraud case should be dismissed

NEW YORK, Jan 16 (Reuters) - Rio Tinto Plc on Tuesday said a U.S. regulator's lawsuit accusing the big Anglo-Australian mining company of fraud for overstating the value of Mozambique coal assets it had bought in 2011 should be dismissed.

companyNews reuters.com

CEE MARKETS-Leu falls after PM quits, CEE stocks set multi-year highs

* Leu nears record low after PM resignation * Leu, Romanian stocks rebound as ruling party proposes new PM * German stocks rally helps Prague, Warsaw hit multi-year highs * Czech PM Babis loses confidence vote, but seen staying (Adds Romanian PM candidate, Czech confidence vote, central bankers) By Sandor Peto and Luiza Ilie BUDAPEST/BUCHAREST, Jan 16 (Reuters) - Romanian assets rebounded from a plunge on Tuesday as the ruling Social Democrat party (PSD) quickly picked

companyNews reuters.com

BRIEF-Vermilion Energy Announces Acquisition Of Oil Assets In Southeast Saskatchewan And Southwest Manitoba

* VERMILION ENERGY INC. ANNOUNCES ACQUISITION OF OIL ASSETS IN SOUTHEAST SASKATCHEWAN AND SOUTHWEST MANITOBA

businessNews reuters.com

Ryanair wants to buy parts of Austrian airline Niki

VIENNA (Reuters) - Irish airline Ryanair said on Monday it had contacted the Austrian administrator of insolvent holiday airline Niki to express its interest in buying some of its assets.

companyNews reuters.com

BRIEF-‍Hennessy Advisors Completes Acquisition Of Rainier U.S. Equity Funds

* ‍HENNESSY ADVISORS, INC. COMPLETES ACQUISITION OF RAINIER U.S. EQUITY FUNDS, BRINGING ASSETS UNDER MANAGEMENT TO $7.3 BILLION​ Source text for Eikon: Further company coverage:

companyNews reuters.com

RPT-UPDATE 5-BlackRock hits record $6 trillion assets, helped by Trump tax law

NEW YORK, Jan 12 (Reuters) - BlackRock Inc charged past a record $6 trillion in assets, its profit beating Wall Street forecasts, as investors flooded into the relatively low-cost funds of the world's largest asset manager.

companyNews reuters.com

UPDATE 4-BlackRock hits record $6 trillion, helped by Trump tax law

NEW YORK, Jan 12 (Reuters) - BlackRock Inc charged past a record $6 trillion in assets, its profit beating Wall Street forecasts, as investors flooded into the relatively low-cost funds of the world's largest asset manager.

businessNews reuters.com

JPMorgan profit beats on higher interest rates; debt trading down

(Reuters) - JPMorgan Chase & Co , the biggest U.S. bank by assets, reported a higher-than-expected quarterly profit on Friday as gains in net interest income offset a slowdown in trading revenue.

topNews reuters.com

JPMorgan profit beats on higher interest rates; books tax charge

(Reuters) - JPMorgan Chase & Co , the biggest U.S. bank by assets, reported a higher-than-expected quarterly profit as gains in net interest income offset a slowdown in trading revenue.

companyNews reuters.com

UPDATE 1-JPMorgan profit beats on higher interest rates; books tax charge

Jan 12 (Reuters) - JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a higher-than-expected quarterly profit as gains in net interest income offset a slowdown in trading revenue.

companyNews reuters.com

BRIEF-Penns Woods' Q4 Net Deferred Tax Assets To Be Reduced By About $3.7 Million

* AS PER PRELIMINARILY ESTIMATE, CO'S NET DEFERRED TAX ASSETS WOULD BE REDUCED BY ABOUT $3.7 MILLION IN Q4 DUE TO TAX CUTS AND JOBS ACT

businessNews reuters.com

Exclusive: Saudi state taking control of Binladin construction giant - sources

RIYADH/DUBAI (Reuters) - Saudi Arabia is taking managerial control of Saudi Binladin Group and discussing a possible transfer of some of the giant construction group's assets to the state while its chairman and other family members are in detention, sources told Reuters.

companyNews reuters.com

BRIEF-T. Rowe Price Group Preliminary Month-End Assets Under Management Of $991 Bln As Of Dec. 31

* T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2017

technologyNews reuters.com

Lenovo to make $400 million one-off charge on U.S. tax reforms

HONG KONG (Reuters) - Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

technologyNews reuters.com

Lenovo to make $400 million one-off charge on US tax reforms

HONG KONG (Reuters) - Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

companyNews reuters.com

BRIEF-Sangoma Acquiring All Key Assets Of CCD Division From Dialogic Corp For About $5.7 Mln In Cash

* SANGOMA TECHNOLOGIES CORP- ANNOUNCED ACQUISITION OF ALL KEY ASSETS OF CONVERGED COMMUNICATION DIVISION FROM DIALOGIC CORPORATION

businessNews reuters.com

Blackstone's new insurance unit targets $100 billion in assets

(Reuters) - Blackstone Group wants to quadruple to $100 billion the assets it manages at its new unit for insurers as it seeks to boost returns for firms struggling under low interest rates, the unit's newly appointed chief said on Monday.

companyNews reuters.com

Blackstone's new insurance unit targets $100 bln in assets

Jan 8 (Reuters) - Blackstone Group wants to quadruple to $100 billion the assets it manages at its new unit for insurers as it seeks to boost returns for firms struggling under low interest rates, the unit's newly appointed chief said on Monday.

companyNews reuters.com

BRIEF-LP Insurance Services Agrees To Acquire Assets Of Loan Protector Insurance Services

* LP INSURANCE SERVICES HAS AGREED TO ACQUIRE THE ASSETS OF LOAN PROTECTOR INSURANCE SERVICES

companyNews reuters.com

UPDATE 5-Ablynx shares soar after rejects Novo Nordisk's $3.1 bln bid

* Bid underlines demand for biotech assets from large firms (Adds latest Ablynx shares, details on advisers)

healthNews reuters.com

$11 billion biotech binge fuels forecasts of 2018 M&A surge

LONDON (Reuters) - An $11 billion burst of biotech bids in just four days has fueled expectations of a 2018 surge in life science deals as large drugmakers shop for promising assets from smaller rivals.

companyNews reuters.com

Canada's TD Bank to take $400 mln hit from tax reforms in Q1

Jan 8 (Reuters) - Canada's Toronto-Dominion Bank said on Monday it would take a hit of $400 million in the first quarter related to the remeasurement of certain net deferred tax assets as a result of U.S. President Donald Trump's tax reforms.

companyNews reuters.com

UPDATE 3-Novo Nordisk bids $3.1 bln for Belgian biotech group Ablynx

* Approach shows demand for biotech assets by large firms (Adds comments from Novo CFO, further reaction and context)

technologyNews reuters.com

South Korea inspects six banks over virtual currency services to clients

SEOUL (Reuters) - South Korean financial authorities on Monday said they are inspecting six local banks that offer virtual currency accounts to institutions, amid concerns the increasing use of such assets could lead to a surge in crime.

businessNews reuters.com

U.S. company plans funds that double bitcoin price moves

NEW YORK (Reuters) - U.S. fund managers are ramping up efforts to tap into the fever surrounding digital assets, and the latest planned bitcoin products could deliver some head-turning and stomach-churning price movements if they come to market.

companyNews reuters.com

Red hot rally in stocks, risk assets has some way to run - BAML

LONDON, Jan 5 (Reuters) - The powerful rally in global stocks and other markets is likely to persist until higher borrowing costs and a stronger dollar force investors to back off, Bank of America Merrill-Lynch's analysts said on Friday.

companyNews reuters.com

BRIEF-PDX Partners Inc. Signs LoI to Acquire $350,000,000 In Assets

* PDX PARTNERS INC. SIGNS LOI TO ACQUIRE $350,000,000 IN ASSETS

businessNews reuters.com

Exclusive: China's Wanda mulls sport unit IPO and sale of overseas assets - sources

HONG KONG (Reuters) - China's Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalize its portfolio that could also include other sales, according to five people familiar with the situation.

companyNews reuters.com

BRIEF-Ballard says to divest some non-core assets​ at Protonex subsidiary

* BALLARD ANNOUNCES NARROWED FOCUS AND FURTHER COST REDUCTIONS AT PROTONEX SUBSIDIARY

companyNews reuters.com

BRIEF-IGM Financial says its total assets under management were $156.5 bln at Dec 31

* IGM FINANCIAL ANNOUNCES DECEMBER 2017 INVESTMENT FUND SALES AND TOTAL ASSETS UNDER MANAGEMENT

companyNews reuters.com

BRIEF-Rite Aid Adopts Tax Benefits Preservation Plan To Protect Valuable Tax Assets

* RITE AID ADOPTS TAX BENEFITS PRESERVATION PLAN TO PROTECT VALUABLE TAX ASSETS

companyNews reuters.com

BRIEF-Kayne Anderson MLP says as of Dec 31, 2017 co's net assets were $2.1 bln

* ‍AS OF DECEMBER 31, 2017, COMPANY'S NET ASSETS WERE $2.1 BILLION, AND ITS NET ASSET VALUE PER SHARE WAS $18.67​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-NGL Energy Partners Expects To Close Previously Announced $200 Mln Sale Of Certain Retail Propane Assets To DCC LPG On March 31, 2018

* NGL ENERGY PARTNERS LP PROVIDES UPDATE ON DEBT REDUCTION AND INTEREST SAVINGS

companyNews reuters.com

UPDATE 1-European stocks see faltering start to 2018 as autos and miners weigh

* IAG deal to buy Niki assets weighs on Lufthansa (Updates prices, adds detail, quotes)

companyNews reuters.com

Morning News Call - India, January 2

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01022018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 11:00 am: Winter session of parliament continues in New Delhi. GMF: We discuss the latest Brexit developments with UK economics correspondent Alistair Smout at 1930 IST. To join the conv

topNews reuters.com

Exclusive: Pakistan plans takeover of charities run by Islamist figure U.S. has targeted

(Reuters) - Pakistan's government plans to seize control of charities and financial assets linked to Islamist leader Hafiz Saeed, who Washington has designated a terrorist, according to officials and documents reviewed by Reuters.

businessNews reuters.com

Japan's Nippon Life eyeing M&A for foreign boutique bond and alternative funds

TOKYO (Reuters) - Japan's Nippon Life Insurance Co [NPNLI.UL], which recently struck a deal to buy about a quarter of U.S. investment firm TCW Group, is scouting for opportunities to buy boutique managers of bonds and alternative assets, its president said.

companyNews reuters.com

CORRECTED-UPDATE 1-Australia's Crown Resorts signs several deals to cut debt

Dec 14 (Reuters) - Australian casino operator Crown Resorts said on Thursday it had signed several deals to divest assets to cut debt, including selling interest in a site on the Las Vegas Boulevard for $300 million.

technologyNews reuters.com

India's Reliance Jio to buy RCom's wireless assets in $3.75 billion deal: sources

MUMBAI (Reuters) - Debt-laden Reliance Communications has signed a deal to sell its wireless assets to Reliance Jio Infocomm, for a total value of nearly 240 billion rupees ($3.75 billion), two sources familiar with the matter told Reuters on Friday.

companyNews reuters.com

BRIEF-Stilwell Value Partners Says Do Not Believe Value Of Alcentra Assets Is Adequately Reflected In Current Market Price Of Stock

* STILWELL VALUE PARTNERS SAYS DO NOT BELIEVE VALUE OF ALCENTRA ASSETS IS ADEQUATELY REFLECTED IN CURRENT MARKET PRICE OF ITS COMMON STOCK‍​

companyNews reuters.com

BRIEF-Allegion Sees $25 Mln - $50 Mln Non-Cash Write-Down Of Deferred Tax Assets In Q4

* ALLEGION SAYS SEES $25 MILLION-$50 MILLION NON-CASH WRITE-DOWN OF DEFERRED TAX ASSETS IN Q4 2017, DUE TO REDUCTION IN U.S. FEDERAL STATUTORY TAX RATE - SEC FILING Source text (http://bit.ly/2l7wHgv) Further company coverage:

companyNews reuters.com

BRIEF-Allied Announces Sale Of Non-Core Assets In Eastern Canada

Dec 27 (Reuters) - Allied Properties Real Estate Investment Trust:

companyNews reuters.com

BRIEF-Old Second Bancorp Expects To Record Valuation Allowance Of $9 Mln to $11 Mln For Deferred Tax Assets In Q4

* OLD SECOND BANCORP - AS A RESULT OF TAX CUTS AND JOBS ACT, EXPECTS TO RECORD VALUATION ALLOWANCE FOR DEFERRED TAX ASSETS IN Q4 OF $9 MILLION-$11 MILLION Source text: (http://bit.ly/2BJFknw) Further company coverage:

companyNews reuters.com

UPDATE 2-India's RCom says offers made for some assets under debt reduction plan

* Shares jump nearly 40 percent (Adds details and comments from press conference)

companyNews reuters.com

BRIEF-Wolong Electric Group To Acquire GE's Assets Related To Its Small Industrial Business

* SAYS IT PLANS TO ACQUIRE GE'S ASSETS RELATED TO ITS SMALL INDUSTRIAL BUSINESS FOR $142 MILLION

companyNews reuters.com

BRIEF-Newmont Mining Expects Tax Reform To Result In Income Tax Expense Increase Between $200 Mln & $400 Mln

* NEWMONT MINING- IDENTIFIED THAT REDUCTION IN U.S. CORPORATE INCOME TAX RATE TO 21% WILL RESULT IN RE-VALUATION OF DEFERRED TAX ASSETS, LIABILITIES

companyNews reuters.com

BRIEF-Old National Bancorp Says To Revalue Deferred Tax Assets After U.S. Tax Reform

* OLD NATIONAL BANCORP SAYS HAS CONCLUDED THAT U.S. TAX REFORM WILL CAUSE CO'S DEFERRED TAX ASSETS TO BE REVALUED - SEC FILING

businessNews reuters.com

IAG among bidders chosen for Austrian airline Niki: sources

BERLIN (Reuters) - IAG , the owner of British Airways and low-cost carrier Vueling, is one of the four bidders selected for the final stages of talks over the assets of insolvent Austrian airline Niki, three people familiar said.

businessNews reuters.com

Four final bidders chosen for Austrian airline Niki

BERLIN (Reuters) - IAG , the owner of British Airways, is one of the four bidders chosen for final stage talks over the assets of insolvent Austrian airline Niki, two people familiar with the matter told Reuters.

businessNews reuters.com

Two final bidders chosen for Austrian airline Niki

BERLIN (Reuters) - The administrators of insolvent Austrian airline Niki have picked two strategic bidders for final-stage talks over its assets, one administrator said on Friday.

companyNews reuters.com

BRIEF-Agnico Eagle To Purchase Exploration Assets Of Canadian Malartic

* AGNICO EAGLE TO PURCHASE THE EXPLORATION ASSETS OF CANADIAN MALARTIC CORPORATION; INCLUDING THE KIRKLAND LAKE AND HAMMOND REEF GOLD PROJECTS

companyNews reuters.com

BRIEF-Alcoa Corporation Announces Decisions On Smelting Assets

* ALCOA CORP - IN UNITED STATES, CO INTENDS TO PERMANENTLY CLOSE ITS ROCKDALE OPERATIONS SITE IN TEXAS

companyNews reuters.com

UPDATE 3-BNY Mellon freezes $22.6 bln in Kazakh oil fund assets

* British court to deliver judgment on Thursday (Adds details of London court hearing)

businessNews reuters.com

BNY Mellon freezes $22 billion in Kazakh oil fund assets: source

ALMATY/LONDON (Reuters) - Bank of New York Mellon has frozen $22 billion in assets held by Kazakhstan's National Fund, a source told Reuters on Thursday, in a rare move that escalates a legal battle between the government and a Moldovan investor.

businessNews reuters.com

BNY Mellon freezes $22 billion in Kazakhstan assets: source

ALMATY (Reuters) - The Bank of New York Mellon has frozen $22 billion in assets held by Kazakhstan's National Fund over a lawsuit launched by Moldovan businessman Anatolie Stati and his companies against the Kazakh government, a source familiar with the case said on Thursday.

companyNews reuters.com

UPDATE 1-BNY Mellon freezes $22 bln in Kazakhstan assets -source

ALMATY, Dec 21 (Reuters) - The Bank of New York Mellon has frozen $22 billion in assets held by Kazakhstan's National Fund over a lawsuit launched by Moldovan businessman Anatolie Stati and his companies against the Kazakh government, a source familiar with the case said on Thursday.

companyNews reuters.com

South Africa's Standard Bank urges Ramaphosa to lift economy

JOHANNESBURG, Dec 21 (Reuters) - South Africa's biggest lender by assets, Standard Bank, urged the newly elected leadership of the ruling ANC party on Thursday to urgently implement sweeping reforms to restore investor confidence and reverse economic decline.

businessNews reuters.com

BNY Mellon freezes $22 billion of Kazakhstan assets: source

ALMATY (Reuters) - The Bank of New York Mellon has frozen $22 billion in Kazakhstan's oil-generated National Fund's assets over a lawsuit launched by Moldovan businessman Anatolie Stati and his companies against the Kazakh government, a source familiar with the case said on Thursday.

companyNews reuters.com

BNY Mellon freezes $22 bln of Kazakhstan assets - source

ALMATY, Dec 21 (Reuters) - The Bank of New York Mellon has frozen $22 billion in Kazakhstan's oil-generated National Fund's assets over a lawsuit launched by Moldovan businessman Anatolie Stati and his companies against the Kazakh government, a source familiar with the case said on Thursday.

companyNews reuters.com

REFILE-BRIEF-Cabot Oil & Gas Corp Announces Agreement To Sell Eagle Ford Shale Assets

* CABOT OIL & GAS CORPORATION ANNOUNCES AGREEMENT TO SELL EAGLE FORD SHALE ASSETS

companyNews reuters.com

BRIEF-Western Gas Partners Extends Commodity Price Swap Agreements With Anadarko Petroleum

* WESTERN GAS PARTNERS - EXTENDED COMMODITY PRICE SWAP AGREEMENTS WITH ANADARKO PETROLEUM FOR DJ BASIN COMPLEX & MGR ASSETS THROUGH DEC 31, 2018

companyNews reuters.com

BRIEF-Evite Expands Further Into Text Message Invites With Fête Deal

* EVITE SAYS HAS ACQUIRED RIGHTS TO ASSETS OF FÊTE, A MOBILE INVITATIONS START-UP

companyNews reuters.com

UPDATE 1-Saudi Arabia considers creating privatisation fund -economy minister

RIYADH, Dec 19 (Reuters) - Saudi Arabia's economy minister said on Tuesday that his country was studying the idea of creating a national privatisation fund to facilitate sales of state assets.

companyNews reuters.com

BRIEF-Fiera Infrastructure Purchases UK-Based Rooftop Solar Assets

* FIERA CAPITAL - HAS ACQUIRED 100% OF MACQUARIE PRINCIPAL FINANCE'S INTEREST IN PORTFOLIO OF SOLAR PHOTOVOLTAIC SYSTEMS ACROSS UK Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Premier Exhibitions ‍Withdraws Proposed Sales Procedures It Filed With Bankruptcy Court

* PREMIER EXHIBITIONS INC - ‍WITHDRAWN PROPOSED SALES PROCEDURES IT FILED WITH BANKRUPTCY COURT TO PURSUE AN AUCTION OF COMPANY'S ASSETS​

companyNews reuters.com

EMERGING MARKETS-S.African assets rally further on reform hopes from new ANC leader

LONDON, Dec 19 (Reuters) - South African stocks and bonds swept higher on Tuesday, extending gains after the election of market-friendly Cyril Ramaphosa as leader of the ruling ANC party, while the rand hovered near nine-month highs versus the dollar.

companyNews reuters.com

UPDATE 1-Cominar REIT to sell non-core assets for C$1.14 bln

Dec 18 (Reuters) - Cominar Real Estate Investment Trust said on Monday it would sell its non-core property assets to privately held Slate Acquisitions Inc for C$1.14 billion ($885.23 million) to reduce debt and focus on core assets.

companyNews reuters.com

BRIEF-TSMC's Nanjing Subsidiary Acquires Property Assets Worth T$786 Million

Dec 18 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd :

businessNews reuters.com

Hitachi aims double-digit margin by 2021, not interested in GE assets: CEO

TOKYO (Reuters) - The head of Japan's Hitachi Ltd said the company was aiming to improve its operating margin to double digits by fiscal 2021 from current levels of around 7 percent.

companyNews reuters.com

Hitachi aims double-digit margin by 2021, not interested in GE assets - CEO

TOKYO, Dec 18 (Reuters) - The head of Japan's Hitachi Ltd said the company was aiming to improve its operating margin to double digits by fiscal 2021 from current levels of around 7 percent.

worldNews reuters.com

Pakistani top court rejects bid to bar opposition leader Imran Khan

ISLAMABAD (Reuters) - Pakistan's Supreme Court on Friday dismissed a petition to disqualify cricket hero and opposition leader Imran Khan from parliament for not declaring assets, months after former Prime Minister Nawaz Sharif was removed by the court on a similar charge.

worldNews reuters.com

Cambodia's Hun Sen challenges EU and U.S. to freeze assets

PHNOM PENH (Reuters) - Cambodian Prime Minister Hun Sen encouraged the United States and European Union on Friday to freeze the assets of Cambodian leaders abroad in response to his government's crackdown on the opposition and civil society.

companyNews reuters.com

Russia's Aksakov: Promsvyazbank rescue won't affect other banks

MOSCOW, Dec 15 (Reuters) - The Russian banking sector will not be affected by the central bank's decision to bail out Promsvyazbank, the country's 10th largest lender by assets, TASS news agency cited the head of the Russian banking association as saying on Friday.

companyNews reuters.com

Russia's central bank says to bail out Promsvyazbank

MOSCOW, Dec 15 (Reuters) - Russia's central bank said on Friday it had put Promsvyazbank, the country's 10th biggest private lender by assets, under temporary administration as part of a bailout plan.

Federal Taxes (US) nytimes.com

Op-Ed Columnist: Republicans Despise the Working Class

Unless you own a business or live off assets, you’re a second-class citizen in their eyes.

Media nytimes.com

Murdoch Speaks on the Fox-Disney Merger

Disney's deal to buy most of 21st Century Fox's assets started with an informal chat at Rupert Murdoch's winery.

companyNews reuters.com

BRIEF-DDR Corp Says Board Unanimously Approved Plan To Spin Off Portfolio Of 50 Assets

* DDR CORP - BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED A PLAN TO SPIN OFF A PORTFOLIO OF 50 ASSETS

Movies nytimes.com

What Disney Is Getting From Fox

Benefits include overseas assets, a television hit factory, popular film franchises, regional sports networks and a more diverse pool of executives.

businessNews reuters.com

Disney to buy Fox film, TV businesses for $52 billion

(Reuters) - Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com.

companyNews reuters.com

UPDATE 1-Australia's Crown Resorts signs several deals to cut debt

Dec 14 (Reuters) - Australian casino operator Crown Resorts said on Thursday it had signed several deals to divest assets to cut debt, including selling interest in a site on the Las Vegas Boulevard for $300 million.

companyNews reuters.com

BRIEF-Becle To Acquire Pendleton Whisky Brands For $205 Mln

* BECLE SA DE CV SAYS HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE PENDLETON WHISKY BRAND ASSETS FROM HOOD RIVER DISTILLERS, INC

companyNews reuters.com

EMERGING MARKETS-U.S. political woes lift emerging stocks, FX ahead of Fed

LONDON, Dec 13 (Reuters) - Emerging stocks and currencies sailed higher on Wednesday ahead of an expected Federal Reserve interest rate hike, lifted by U.S. assets nursing losses after President Donald Trump's Republicans suffered an election defeat.

companyNews reuters.com

BRIEF-Waddell & Reed Financial Reports Preliminary Assets Under Management Of $81.4 Bln As Of Nov 30

* WADDELL & REED FINANCIAL, INC. ANNOUNCES NOVEMBER 30, 2017 ASSETS UNDER MANAGEMENT

worldNews reuters.com

Bulgaria freezes assets of independent media publisher

SOFIA (Reuters) - Bulgaria has frozen assets and property and bank accounts belonging to businessman and media owner Ivo Prokopiev, who said the state was trying to silence the country's independent media.

companyNews reuters.com

Land and Buildings reiterates Hudson's Bay real estate worth more

Dec 12 (Reuters) - Activist investor Land and Buildings on Tuesday reiterated that Canadian department store operator Hudson's Bay Co's real estate assets were worth substantially more than the company's current market valuation.

companyNews reuters.com

BRIEF-T. Rowe Price Group Reports Preliminary Month-End Assets Under Management Of $991 Bln As Of November 30, 2017

* T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2017

companyNews reuters.com

Russia's Rosneft asks to freeze some of Sistema's assets-RIA

MOSCOW, Dec 12 (Reuters) - Russian oil major Rosneft is seeking a freezing injunction in respect of some of Sistema's assets under its second legal claim against the conglomerate, the RIA news agency quoted a Rosneft spokesman as saying on Tuesday.

environmentNews reuters.com

Big investors press major companies to step up climate action

OSLO (Reuters) - More than 200 institutional investors with $26 trillion in assets under management said on Tuesday they would step up pressure on the world's biggest corporate greenhouse gas emitters to combat climate change.

cnn.com

Comcast drops bid for 21st Century Fox assets

companyNews reuters.com

UPDATE 1-Fidelity keeps $2 bln mandate in New York after star manager's departure

BOSTON, Dec 11 (Reuters) - A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual harassment, to manage about 10 percent of its assets.

businessNews reuters.com

Comcast drops bid for Fox assets, leaving Disney in pole position

(Reuters) - Comcast Corp said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch’s Twenty-First Century Fox Inc , leaving Walt Disney Co as the sole suitor in pursuit of the $40 billion-plus deal.