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This massive company had its worst stock week since the Great Recession

A deepening cash crisis caused GE's stock to careen 13% lower this week, its worst since March 2009.

companyNews reuters.com

BRIEF-J Crew Group says ‍On Jan. 16, Board Appointed Seth Farbman To Board Of Co

* J CREW GROUP INC - ‍ON JAN, 16, , BOARD OF CO APPOINTED SETH FARBMAN TO BOARD OF COMPANY, WHICH INCREASED SIZE OF BOARD TO TEN MEMBERS - SEC FILING​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Verint Systems Says Reaffirming Non-GAAP Outlook For Year Ending Jan 31

* VERINT SYSTEMS - INTEND TO REAFFIRM, AND HEREBY REAFFIRMING, NON-GAAP OUTLOOK FOR YEAR ENDING JAN 31, 2018 ON CALL WITH EXISTING, POTENTIAL LENDERS Source text: (http://bit.ly/2DRS6Ct) Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

companyNews reuters.com

BRIEF-Southern Company Sets Regular Quarterly Dividend Of $0.58/Shr

* SOUTHERN CO ANNOUNCES ‍REGULAR QUARTERLY DIVIDEND OF 58 CENTS PER SHARE ON COMPANY'S COMMON STOCK​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Kroger Declares Quarterly Dividend of 12.5¢ Per Share

* KROGER CO - ‍DECLARED A QUARTERLY DIVIDEND OF 12.5¢ PER SHARE TO BE PAID ON MARCH 1, 2018​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-The City of Vancouver Partners With Shaw Communications To Expand Public’S Access To Free Wi-Fi

* CITY PARTNERS WITH SHAW TO EXPAND PUBLIC’S ACCESS TO FREE WI-FI Source text for Eikon: Further company coverage:

companyNews reuters.com

Biotest sheds U.S. business to allay U.S. concerns of Chinese takeover

FRANKFURT, Jan 19 (Reuters) - Biotest said on Friday that it has sold its U.S. operations, allaying national security concerns by U.S. authorities and paving the way for the German company's sale to a Chinese investor.

companyNews reuters.com

BRIEF-Visionstate Announces Increase To Private Placement

* VISIONSTATE CORP - ‍PRIVATE PLACEMENT WILL NOW CONSIST OF UP TO 20 MILLION UNITS AT A PRICE OF $0.05 PER UNIT​ Source text for Eikon: Further company coverage:

businessNews reuters.com

General Electric shares drop for fifth straight session

NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, flirting with their biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.

companyNews reuters.com

BRIEF-Stadium Capital Management LLC Reports 5.9 Percent Passive Stake In Civitas Solutions

* STADIUM CAPITAL MANAGEMENT LLC REPORTS 5.9 PERCENT PASSIVE STAKE IN CIVITAS SOLUTIONS INC AS OF JAN 9 - SEC FILING Source text : http://bit.ly/2rq0Z3D Further company coverage:

cnn.com

Analysis: Why isn't the Stormy Daniels story a bigger deal?

Donald Trump's personal lawyer formed a private company just before the 2016 election to pay $130,000 in exchange for a porn star's silence about her alleged 2006 relationship with the now-President of the United States, according to the Wall Street Journal.

companyNews reuters.com

BRIEF-Airbus in talks with British Airways on new A380s sale - Bloomberg

* AIRBUS IS IN TALKS WITH BRITISH AIRWAYS ON NEW A380S SALE - BLOOMBERG CITING SOURCES Source: https://bloom.bg/2DrF9SX Further company coverage:

companyNews reuters.com

BRIEF-Bank Of Commerce Holdings Reports Quarterly EPS $0.00

* BANK OF COMMERCE HOLDINGS - QTRLY NET INTEREST INCOME $10.9 MILLION VERSUS $9.4 MILLION Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Betteru Education Announces Private Placement

* BETTERU EDUCATION - ANNOUNCE A NON-BROKERED PRIVATE PLACEMENT TO RAISE UP TO MAXIMUM OF $1 MILLION OR 2.2 MILLION UNITS AT DEEMED PRICE OF $0.46 PER UNIT Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Cinedigm Announces Strategic Alliance With Starrise Media

* CINEDIGM ANNOUNCES STRATEGIC ALLIANCE WITH LEADING CHINESE ENTERTAINMENT COMPANY STARRISE MEDIA TO RELEASE FILMS IN CHINA AND NORTH AMERICA

companyNews reuters.com

Brazil´s Caixa approves new rules to improve governance- statement

SAO PAULO, Jan 19 (Reuters) - The board of directors of Brazilian state-owned bank Caixa Econômica Federal approved on Friday rules to improve the bank’s governance, the company said in a statement.

companyNews reuters.com

BRIEF-National Fuel Gas Co Says CEO Ronald Tanski's FY 2017 Total Compensation Was $7.6 Mln

* NATIONAL FUEL GAS CO SAYS CEO RONALD TANSKI'S FY 2017 TOTAL COMPENSATION WAS $7.6 MILLION VERSUS $7.1 MILLION IN FY 2016 - SEC FILING Source text : http://bit.ly/2rq1TwQ Further company coverage:

companyNews reuters.com

BRIEF-Alibaba Pictures Group Says Shanghai TPP Enters Advertising Services Framework Agreements

* SHANGHAI TPP ENTERS ADVERTISING SERVICES FRAMEWORK AGREEMENTS WITH UNITS OF ALIBABA GROUP HOLDING LTD Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

technologyNews reuters.com

IBM shares fall on soft profit outlook

(Reuters) - Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a "disappointing" full-year profit forecast showed that the company would take more time to get back on a path of steady growth.

companyNews reuters.com

BRIEF-Swedish Patent And Market Court Dismisses Allegations Towards Nasdaq

* JUDGEMENT FROM THE SWEDISH PATENT AND MARKET COURT - NASDAQ DISMISSED OF ALL ALLEGATIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

companyNews reuters.com

BRIEF-Orexigen Therapeutics Says ‍Expect Annualized Savings Associated With Feb 2018 Reduction In Sales Force Of About $30 Mln​

* OREXIGEN THERAPEUTICS SAYS ‍EXPECT ANNUALIZED SAVINGS ASSOCIATED WITH FEB 2018 REDUCTION IN SALES FORCE OF ABOUT $30 MILLION​ - SEC FILING Source text: (http://bit.ly/2Bg6XUc) Further company coverage:

businessNews reuters.com

Road to ruin? Carillion collapse puts spotlight on UK outsourcing model

LONDON/BALMEDIE, Scotland (Reuters) - In Balmedie, a village on the northeast coast of Scotland, an unfinished 12 km stretch of dual carriageway is a stark illustration of why British construction company Carillion went bust this week.

companyNews reuters.com

UPDATE 1-Commodity volumes lift Kansas City Southern quarterly profit, beats on revenue

Jan 19 (Reuters) - Kansas City Southern, a regional U.S. railroad with extensive operations in Mexico, reported a higher quarterly net profit on Friday, driven by revenue growth in 2017 in all six of the commodities it hauls and changes in U.S. tax law. The Kansas City, Missouri-based company posted fourth-quarter net income of $552 million, or $5.33 per diluted share, up from $130 million, or $1.21 per diluted share a year earlier.

companyNews reuters.com

BRIEF-Nuuvera And Aphria Finalize Offtake Agreement For Extra 60,000 Kgs Of Cannabis Production

* NUUVERA AND APHRIA FINALIZE OFFTAKE AGREEMENT FOR EXTRA 60,000 KGS OF CANNABIS PRODUCTION Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Moviepasstm Unveils Strategy To Invest In Film At The Sundance Film Festival With The Launch Of Moviepass Ventures

* MOVIEPASSTM UNVEILS STRATEGY TO INVEST IN FILM AT THE SUNDANCE FILM FESTIVAL WITH THE LAUNCH OF MOVIEPASS VENTURES Source text for Eikon: Further company coverage:

entertainmentNews reuters.com

Philadelphia refiner's woes pose test for U.S. biofuel policy

NEW YORK (Reuters) - The worsening financial condition of East Coast oil refiner Philadelphia Energy Solutions will present a new test for America's controversial biofuels policy, legal experts say, revealing whether the government can collect a massive biofuels-related debt from a company in distress.

companyNews reuters.com

BRIEF-Nordson Corp Says CEO Michael Hilton's FY 2017 Total Compensation Was $6.75 Mln Vs $6.43 Mln In FY 2016

* NORDSON CORP SAYS CEO MICHAEL HILTON'S FY 2017 TOTAL COMPENSATION WAS $6.75 MILLION VERSUS $6.43 MILLION IN FY 2016 - SEC FILING Source text (http://bit.ly/2rkvHuJ) Further company coverage:

companyNews reuters.com

BRIEF-AmTrust Financial Services Announces Retention Of Financial Advisor To Review Proposal By Stone Point Capital, CEO, Karfunkel Family

* AMTRUST FINANCIAL SERVICES, INC. ANNOUNCES RETENTION OF FINANCIAL ADVISOR TO REVIEW PROPOSAL BY STONE POINT CAPITAL, THE CEO AND THE KARFUNKEL FAMILY Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Selz Capital Reports 7.1 Pct Passive Stake In WPX Energy As Of Dec 31, 2017

* SELZ CAPITAL REPORTS 7.1 PERCENT PASSIVE STAKE IN WPX ENERGY AS OF DEC 31, 2017 - SEC FILING Source text (http://bit.ly/2FXnpfS) Further company coverage:

Censorship nytimes.com

Executive Behind Facebook’s China Charm Campaign Is Out

Facebook’s lead liaison with Beijing has left the company without getting the social network access to China’s huge internet market.

technologyNews reuters.com

Huawei founder, top executives to pay $469,000 fine for management oversight

HONG KONG (Reuters) - Top executives of Huawei Technologies Co [HWT.UL], including founder Ren Zhengfei, will pay a self-imposed fine totaling 3 million yuan ($469,000) for management oversight of some quality breaches at the firm, an internal company memo shows.

companyNews reuters.com

BRIEF-Nokia Wins Network Order From Nepal's Worldlink

* NOKIA OYJ - NOKIA AND WORLDLINK TO BUILD NEPAL'S LARGEST FIBER-TO-THE-HOME NETWORK FOR DELIVERY OF SUPER-FAST CONSUMER AND BUSINESS BROADBAND SERVICES Source text for Eikon: [https://www.nokia.com/en_int/news/releases/2018/01/19/nokia-and-worldlink-to-build-nepals-largest-fiber-to-the-home-network-for-delivery-of-super-fast-consumer-and-business-broadband-services ] Further company coverage: (Helsinki Newsroom)

companyNews reuters.com

BRIEF-Golden Ocean: John Fredriksen's ‍Hemen Holding owns 34.2 pct after delivery of vessel

* GOLDEN OCEAN GROUP LTD: ‍HEMEN HOLDING LIMITED, WHICH IS INDIRECTLY CONTROLLED BY JOHN FREDRIKSEN FOR BENEFIT OF HIS IMMEDIATE FAMILY, HAS RECEIVED 2,000,000 COMMON SHARES IN COMPANY AS PART OF SETTLEMENT OF PURCHASE PRICE FOR VESSEL​

companyNews reuters.com

RPT-Nigeria sues JP Morgan for $875 mln over Malabu oilfield deal

LONDON, Jan 18 (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

companyNews reuters.com

Nikkei edges up, helped by financials; adds 0.7 pct for the week

TOKYO, Jan 19 (Reuters) - Japan's Nikkei share average edged up on Friday with financial stocks leading the gains after U.S. yields rose, while GMO Internet soared after an activist fund called on the company to change its governance structure.

companyNews reuters.com

Google announces patent agreement with China's Tencent

BEIJING, Jan 19 (Reuters) - Alpahbet Inc's Google said it had agreed to a patent cross-licensing deal with Chinese social media and gaming firm Tencent Holdings Ltd, the U.S. company said on Friday.

companyNews reuters.com

BRIEF-Obalon Therapeutics prices offering of 5.5 mln shares at $5.50 per share

* OBALON THERAPEUTICS INC - ‍PRICING OF AN UNDERWRITTEN PUBLIC OFFERING OF 5.5 MILLION SHARES OF COMMON STOCK AT A OFFERING PRICE OF $5.50 PER SHARE​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Oak Valley Bancorp reports Q4 earnings $0.20 per share

* ‍NET INTEREST INCOME WAS $9 MILLION FOR THREE MONTHS ​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Kinder Morgan says pleased with NEB's decision to set out a process for resolving permit disputes

* KINDER MORGAN - ‍PLEASED NEB'S DECISION SETTING DOWN GENERIC PROCESS TO HEAR ANY FUTURE MOTIONS AS THEY RELATE TO PROVINCIAL AND MUNICIPAL PERMITTING ISSUES​ Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 1-MetLife, U.S. regulators agree to set aside legal fight

WASHINGTON, Jan 18 (Reuters) - The U.S. government and MetLife Inc announced on Thursday they would jointly seek to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system.

companyNews reuters.com

Nikkei edges up helped by financials; GMO soars

TOKYO, Jan 19 (Reuters) - Japan's Nikkei share average edged up on Friday morning with financial stocks leading the gains after U.S. yields rose, while GMO Internet soared after an activist fund called on the company to abolish its takeover defences and reduce the power of its founder.

businessNews reuters.com

MetLife, U.S. regulators agree to set aside legal fight

WASHINGTON (Reuters) - The U.S. government and MetLife announced on Thursday they would jointly be seeking to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system.

technologyNews reuters.com

Apollo-owned security firm ADT's IPO prices below target

(Reuters) - U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.

businessNews reuters.com

IBM returns to growth after six years, but dour forecast hits shares

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit.

companyNews reuters.com

BRIEF-Nine Energy Service Prices IPO

* SAYS INITIAL PUBLIC OFFERING OF 7.00 MILLION COMMON SHARES PRICED AT $23.00PER SHARE Source text for Eikon: Further company coverage:

technologyNews reuters.com

Home security company ADT Inc's IPO priced at $14 per share

(Reuters) - ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19.

companyNews reuters.com

Home security company ADT Inc's IPO priced at $14/share

Jan 18 (Reuters) - ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19.

companyNews reuters.com

BRIEF-Aptar Announces George Fotiades To Replace Chairman King Harris

* APTAR ANNOUNCES CHAIRMAN KING HARRIS TO RETIRE IN MAY; GEORGE FOTIADES ELECTED AS INCOMING CHAIRMAN OF THE BOARD; TWO NEW DIRECTORS APPOINTED Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Fulton Financial To Raise Minimum Wage To $12 Per Hour

* FULTON FINANCIAL CORP - CO ALSO WILL RAISE ITS MINIMUM WAGE TO $12 PER HOUR Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-PAVmed Announces Firm Commitment Public Offering Of Common Stock

* PAVMED ANNOUNCES FIRM COMMITMENT PUBLIC OFFERING OF COMMON STOCK Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-ADT Prices Initial Public Offering

* ADT INC - ANNOUNCED PRICING OF ITS INITIAL PUBLIC OFFERING OF 105 MILLION SHARES OF COMMON STOCK AT AN INITIAL PUBLIC OFFERING PRICE OF $14 PER SHARE Source text for Eikon: Further company coverage:

businessNews reuters.com

IBM returns to growth, but shares drop after recent rally

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

companyNews reuters.com

BRIEF-Phaserx Revokes Proposed Distribution Record Date

* PHASERX- REVOKED PROPOSED DISTRIBUTION RECORD DATE AS REQUESTED IN DISTRIBUTION RECORD DATE MOTION, WITHDREW THE MOTION IN BANKRUPTCY COURT-SEC FILING Source text: (http://bit.ly/2DmSNqm) Further company coverage:

companyNews reuters.com

BRIEF-Armistice Capital Llc Reports 8.8 Percent Passive Stake In Blue Apron

* ARMISTICE CAPITAL LLC REPORTS 8.8 PERCENT PASSIVE STAKE IN BLUE APRON HOLDINGS AS OF JAN 8, 2018 - SEC FILING Source text: (http://bit.ly/2DeXqyv) Further company coverage:

companyNews reuters.com

BRIEF-Speedcast International To Provide Equipment And Services To Noble Corp's Drilling Fleet​

* SELECTED BY NOBLE CORPORATION TO PROVIDE NEW COMMUNICATIONS EQUIPMENT AND SERVICES TO GLOBAL DRILLING FLEET​ Source text for Eikon: Further company coverage:

companyNews reuters.com

CORRECTED-UPDATE 2-IBM returns to growth, but shares drop after recent rally

Jan 18 (Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

companyNews reuters.com

BRIEF-Riot Blockchain Canada Appoints Jeffrey Vormittag As Chief Operating Officer

* RIOT BLOCKCHAIN - ON JAN 17 RIOT BLOCKCHAIN CANADA APPOINTED JEFFREY VORMITTAG AS CHIEF OPERATING OFFICER OF RIOT CANADA FOR 2 YRS, EFFECTIVE JAN 20​ Source text: (http://bit.ly/2DlfKpT) Further company coverage:

companyNews reuters.com

BRIEF-Salient Capital Advisors Reports 5.26 Pct Passive Stake In Rice Midstream Partners

* SALIENT CAPITAL ADVISORS REPORTS 5.26 PERCENT PASSIVE STAKE IN RICE MIDSTREAM PARTNERS LP AS OF DEC 31, 2017 - SEC FILING Source text: (http://bit.ly/2FUGaAz) Further company coverage:

companyNews reuters.com

BRIEF-Affinor Growers CEO Steps Down

* AFFINOR GROWERS INC - ‍BOARD OF DIRECTORS HAS ACCEPTED RESIGNATION OF JARRETT MALNARICK AS PRESIDENT AND CEO OF COMPANY​ Source text for Eikon: Further company coverage:

businessNews reuters.com

Judge tosses GM settlement on ignition switch

NEW YORK (Reuters) - A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable.

businessNews reuters.com

IBM's first revenue rises in nearly six years tops estimates

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

companyNews reuters.com

Thadaney to leave Toronto Stock Exchange owner TMX Group

Jan 18 (Reuters) - TMX Group's head of equity capital markets, Nicholas Thadaney, is leaving Canada's biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou Eccleston said.

companyNews reuters.com

REFILE-ADT's IPO likely to fall short on price

NEW YORK, Jan 18 (IFR) - Home security company ADT was headed Thursday for a somewhat disappointing IPO likely to fall roughly 20% short of the US$2.1bn sum it hoped to raise from investors.

entertainmentNews reuters.com

Spotify launches visual content in multimedia push ahead of IPO

(Reuters) - Music streaming company Spotify launched a feature that will allow listeners to see stories, news and other content through photos, videos and text, the company said on Thursday, expanding beyond music ahead of taking itself public.

businessNews reuters.com

Nigeria sues JP Morgan for $875 million over Malabu oilfield deal

LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

companyNews reuters.com

BRIEF-Jacksonville Says CNB Or Co To Pay Fee Of $2.25 Million if Deal Terminated

* JACKSONVILLE- IF MERGER AGREEMENT WITH CNB BANK SHARES TERMINATED UNDER CERTAIN CIRCUMSTANCES,CO OR CNB TO PAY FEE OF $2.25 MILLION TO THE OTHER-SEC FILING Source text : [http://bit.ly/2mTSDMO] Further company coverage:

companyNews reuters.com

BRIEF-ZK International Group Announces $1.2 Million Contract With The Xingrong Group

* ZK INTERNATIONAL GROUP CO., LTD. ANNOUNCES $1.2 MILLION CONTRACT WITH THE XINGRONG GROUP, ONE OF CHINA'S LARGEST WATER SUPPLY AND TREATMENT COMPANIES Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Spirit Airlines Adds ‍New Service Between Atlantic City and New Orleans

* SPIRIT AIRLINES SAYS STARTS ‍NEW NONSTOP SERVICE CONNECTING ATLANTIC CITY INTERNATIONAL AIRPORT TO LOUIS ARMSTRONG NEW ORLEANS INTERNATIONAL AIRPORT​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-WEC Energy Group Raises Quarterly Dividend

* QUARTERLY CASH DIVIDEND OF 55.25 CENTS PER SHARE, INCREASE OF 6.25 PERCENT OVER CURRENT QUARTERLY DIVIDEND OF 52 CENTS SHARE Source text for Eikon: Further company coverage:

businessNews reuters.com

Nestle nominates three board directors to help advance strategy

LONDON (Reuters) - Nestle proposed three new independent directors to its board on Thursday, as the world's largest food company seeks to accelerate its transformation into a health-conscious company.

companyNews reuters.com

BRIEF-Nuuvera Inc. Announces Increase To Bought Deal Financing

* NUUVERA INC - PURSUANT TO UPSIZED DEAL TERMS, UNDERWRITERS HAVE AGREED TO PURCHASE, 8.2 MILLION UNITS AT C$5.50 PER UNIT FOR GROSS PROCEEDS OF C$45 MILLION Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Mkango Announces Shareholder Approval For Talaxis Transaction

* MKANGO ANNOUNCES SHAREHOLDER APPROVAL FOR TALAXIS TRANSACTION Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Kindred Biosciences Inc Files For Mixed Shelf Of Up To $150 Million

* KINDRED BIOSCIENCES INC FILES FOR MIXED SHELF OF UP TO $150 MILLION – SEC FILING‍​ Source text - (http://bit.ly/2risHPv) Further company coverage:

businessNews reuters.com

Nigeria sues JP Morgan for $875 mln over Malabu oilfield deal

LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

businessNews reuters.com

Apple's U.S. tax payment does not change EU's Irish tax ruling

BRUSSELS (Reuters) - Apple's announcement that it will pay $38 billion in U.S. tax on its overseas cash will not reduce the $16 billion tax bill the company owes Ireland following a European Union ruling, the EU's executive said on Thursday.

companyNews reuters.com

UPDATE 1-Apple's U.S. tax payment does not change EU's Irish tax ruling

BRUSSELS, Jan 18 (Reuters) - Apple's announcement that it will pay $38 billion in U.S. tax on its overseas cash will not reduce the $16 billion tax bill the company owes Ireland following a European Union ruling, the EU's executive said on Thursday.

companyNews reuters.com

BRIEF-Great Canadian Gaming Says Registration Of Ontario Gaming GTA Ltd As Gaming Supplier Approved

* GREAT CANADIAN GAMING - REGISTRATION OF ONTARIO GAMING GTA LTD PARTNERSHIP AS A GAMING SUPPLIER UNDER GAMING CONTROL ACT (ONTARIO) HAS BEEN APPROVED Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Storyful Says Mandy Jenkins Has Assumed Role Of Editor In Chief

* STORYFUL SAYS MANDY JENKINS HAS ASSUMED ROLE OF EDITOR IN CHIEF Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Facebook Says CEO Of American Express Appointed To Board

* FACEBOOK INC - KENNETH CHENAULT, CEO OF AMERICAN EXPRESS, HAS BEEN APPOINTED TO BOARD OF DIRECTORS, EFFECTIVE FEBRUARY 5, 2018 Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Vermillion Announces Agreement With Bluecross Blueshield Of Illinois

* VERMILLION ANNOUNCES AGREEMENT WITH BLUECROSS BLUESHIELD OF ILLINOIS Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Nuuvera Announces $35 Mln Bought Deal Offering

* NUUVERA SAYS ENTERED INTO AGREEMENT WITH UNDERWRITERS, WHO HAVE AGREED TO PURCHASE, ON "BOUGHT DEAL" BASIS, 6.4 MILLION UNITS OF CO AT C$5.50/UNIT Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Mineworx Announces Alliance With Murdock Capital Partners

* MINEWORX TECHNOLOGIES - ‍ACCORDING TO TERMS OF AGREEMENT MURDOCK WILL ACT AS CORPORATE MARKET ADVISORY CONSULTANT TO MINEWORX​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Intellicheck Says Appointment Of David Ullman To Board

* INTELLICHECK SAYS APPOINTMENT OF DAVID ULLMAN TO BOARD BRINGS TOTAL NUMBER OF BOARD MEMBERS TO SIX - SEC FILING Source text: (http://bit.ly/2BbFItY) Further company coverage:

companyNews reuters.com

BRIEF-GE Says Co's Power Services Business Signed Long-Term Agreements With Consortium Formed By Macquarie Capital, Techint Valued At About Over $330M ‍​

* GE - CO'S POWER SERVICES BUSINESS SIGNED LONG-TERM AGREEMENTS WITH CONSORTIUM FORMED BY MACQUARIE CAPITAL, TECHINT VALUED AT ABOUT OVER $330M ‍​ Source text: (http://bit.ly/2EUMaaT) Further company coverage:

companyNews reuters.com

BRIEF-Extraction Oil & Gas Announces Preliminary Q4 2017 Production

* EXTRACTION OIL & GAS ANNOUNCES PRELIMINARY FOURTH-QUARTER 2017 PRODUCTION; ESTIMATED CRUDE OIL VOLUMES NEAR THE HIGH END OF GUIDANCE RANGE WHILE TOTAL EQUIVALENT VOLUMES EXCEED MIDPOINT Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Beta Hunt Mine Gold Production Increases 21 Pct In Q4 2017

* BETA HUNT MINE GOLD PRODUCTION INCREASES 21 PCT IN Q4 2017; EXITS YEAR AT 70,000 OUNCE ANNUALIZED PRODUCTION RATE Source text for Eikon: Further company coverage:

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:

technologyNews reuters.com

Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.

companyNews reuters.com

BRIEF-Callaway Golf Sees Tax Reform To Result In Net Increase Of About $5 Mln-$10 Mln In Income Tax Expense In Q4

* CALLAWAY GOLF- SEES ENACTMENT OF TAX LEGISLATION TO RESULT IN NET INCREASE OF ABOUT $5 MILLION-$10 MILLION IN INCOME TAX EXPENSE IN Q4, FY ENDED DEC 31, 2017​ Source: (http://bit.ly/2DlD0I9) Further company coverage:

companyNews reuters.com

BRIEF-Hydrogenics Receives $7.8 Million Fuel Cell Order In China

* HYDROGENICS CORP - SHIPMENTS ARE EXPECTED TO BE MADE OVER NEXT TWELVE MONTHS Source text for Eikon: Further company coverage:

technologyNews reuters.com

China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

companyNews reuters.com

China's JD.com says will invest over $3 bln in "rustbelt" regions - Xinhua

SHANGHAI, Jan 18 (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

companyNews reuters.com

BRIEF-Biohaven says U.S. FDA has notified co it may proceed with clinical investigation of BHV-5000

Jan 18 (Reuters) - Biohaven Pharmaceutical Holding Company Ltd:

companyNews reuters.com

UPDATE 1-Experian's quarterly revenue rises

Jan 18 (Reuters) - Experian Plc, the world's biggest credit data company, on Thursday reported a 5 percent rise in third-quarter organic revenue from ongoing activities at constant exchange rates, and said it expects full-year organic revenue growth in the mid-single digits.

Drugs (Pharmaceuticals) nytimes.com

Fed Up With Drug Companies, Hospitals Decide to Start Their Own

A group of large hospital systems plans to create a nonprofit generic drug company to battle shortages and high prices.

companyNews reuters.com

BRIEF-BeiGene prices follow-on offering of 7.4 mln American depositary shares at $101 per ADS

* ‍PRICING OF FOLLOW-ON PUBLIC OFFERING OF 7. 4 MILLION AMERICAN DEPOSITARY SHARES AT A PRICE TO PUBLIC OF $101.00 PER ADS​ Source text for Eikon: Further company coverage:

Layoffs and Job Reductions nytimes.com

Six Are Laid Off at Saveur Magazine, Including Its Editor

As the publishing company Bonnier cuts 17 percent of its American employees, the staff of a long-running food magazine shrinks.

companyNews reuters.com

BRIEF-Trican Well Service prices upsized underwritten secondary offering at $18.25 per share​

* TRICAN WELL SERVICE-PRICING OF UPSIZED UNDERWRITTEN SECONDARY OFFERING WHICH INCLUDES TRICAN OF 13.3 MILLION SHARES OF KEANE GROUP'S STOCK AT $18.25 PER SHARE​ Source text for Eikon: Further company coverage:

businessNews reuters.com

Intel: Problem in patches for Spectre, Meltdown extends to newer chips

(Reuters) - Data center computers with Intel Corp's newer chips might reboot more often than normal because of problems with the patches issued to fix the so-called Spectre and Meltdown security flaws, the company said on Wednesday.

companyNews reuters.com

U.S. clears Chinese acquisition in rare move

Jan 17 (Reuters) - Beijing-based Naura Microelectronics Equipment Co Ltd has completed a deal to buy U.S. semiconductor manufacturing equipment company Akrion Systems LLC, in a rare instance of the U.S. government approving such an acquisition, attorneys for Naura said on Wednesday.