BRIEF-Och-Ziff Capital Management Group Says As Of January 1, Estimated Unaudited Amount Of Aum About $31.9 Bln
* OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC SAYS AS OF JANUARY 1, ESTIMATED UNAUDITED AMOUNT OF AUM ABOUT $31.9 BILLION [Source]
* OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC SAYS AS OF JANUARY 1, ESTIMATED UNAUDITED AMOUNT OF AUM ABOUT $31.9 BILLION [Source]
* 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:
Jan 18 (Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management helped offset a drop in trading revenue.
* 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:
Jan 18 (Reuters) - Arsenal forward Alexis Sanchez is likely to join rivals Manchester United this month, his manager Arsene Wenger said ahead of Saturday's Premier League match against Crystal Palace.
LONDON, Jan 18 (Reuters) - The dollar edged higher on Thursday after plumbing a three-year low hit earlier in the session as higher U.S. Treasury yields prompted some investors to pare bearish bets against the greenback.
* 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, 2017â€‹ Source: (http://bit.ly/2DlD0I9) Further company coverage:
SAN FRANCISCO (Reuters) - U.S. technology trade groups on Thursday urged the Trump administration to retain an Obama-era rule that allows certain spouses of highly skilled guest workers to also work legally in the United States.
ACCRA, Jan 18 (Reuters) - Exxon Mobil Corp signed a deal with Ghana on Thursday to explore for oil in the Deepwater Cape Three Point offshore (DWCTP) oilfield. The signing followed direct negotiations between Ghana and Exxon Mobil without an open competitive tender due to the nature of the field, where the depth ranges from 2,000 to 4,000 metres, Ghanaian officials said.
PARIS, Jan 18 (Reuters) - European planemaker Airbus on Thursday announced it has sealed an order with Emirates worth $16 billion for Airbus' flagship A380 superjumbo, in a deal which looks set to protect the future of the A380 programme.
BAGHDAD, Jan 18 (Reuters) - Iraq signed a memorandum of understanding with BP on Thursday to boost production capacity from the northern Kirkuk oilfields, which were taken back in October by Iraqi government forces, an Iraqi oil official said.
ACCRA, Jan 18 (Reuters) - Exxon Mobil Corp signed a deal with Ghana on Thursday to explore for oil in the Deepwater Cape Three Point offshore oilfield. The signing followed direct negotiations between Ghana and Exxon Mobil without an open competitive tender due to the nature of the field, where the depth ranges from 2,000 to 4,000 metres, Ghanaian officials said. (Reporting by Kwasi Kpodo, editing by Sofia Christensen; editing by Jason Neely)
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.
LONDON, Jan 18 (Reuters) - The dollar rose from a three-year low hit earlier in the day as a rise in U.S. Treasury yields prompted some investors to buy the greenback but the market remained cautious on the outlook for the currency amidst a lack of price pressures.
ULAANBAATAR, Jan 18 (Reuters) - The Oyu Tolgoi copper-gold mine in Mongolia's southern Gobi Desert declared force majeure after protests by Chinese coal haulers disrupted deliveries near the border, majority owner Turquoise Hill said Wednesday.
SINGAPORE, Jan 18 (Reuters) - Uber Technologies and Singapore's top taxi operator ComfortDelGro Corp Ltd will launch a new ride-hailing service in Singapore from Friday, as they team up against their key regional rival Grab.
SYDNEY, Jan 18 (Reuters) - Shanghai base metals futures turned mixed in late Asian hours on Thursday with better-than-expected China economic data coming in just before the market close, which pushed up LME copper.
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.
TEL AVIV, Jan 18 (Reuters) - Israeli defence firm Elbit Systems Ltd said on Thursday it won an $85 million contract to supply advanced ground-based Electronic Warfare and Signal Intelligence systems to an unnamed European country.
MILAN, Jan 17 (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.
TOKYO, Jan 18 (Reuters) - Japan's Nikkei share average ended lower on Thursday, pulling back from a new 26-year high as investors turned cautious, while real estate stocks and financial firms underperformed.
SINGAPORE, Jan 18 (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.
HONG KONG, Jan 18 (Reuters) - Police in the world's largest gambling hub of Macau are hunting for a dealer suspected of stealing HK$48 million ($6 million) worth of casino chips from Wynn Macau, authorities in the Chinese-controlled territory said on Thursday.
Jan 17 (Reuters) - Turquoise Hill Resources said that Oyu Tolgoi, a copper and gold mine in the southern Gobi Desert, has declared force majeure in connection with customer contracts for concentrate due to a protest by Chinese coal transporters in the Ganqimaodu Border Zone.
* 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 SHAREâ€‹ Source text for Eikon: Further company coverage:
DETROIT, Jan 17 (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.
Jan 17 (Reuters) - Apple Inc will open a new campus as part of a five-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.
TOKYO, Jan 18 (Reuters) - Japan's Nikkei share average soared to a level not seen since November 1991 on Thursday morning after exporters such as electronics components manufacturers surged, tracking the strength on Wall Street overnight.
TOKYO, Jan 18 (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.
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.
Jan 17 (Reuters) - Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp , saying U.S. securities laws require it.
Jan 17 (Reuters) - Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp , saying U.S. securities laws require it should do so.
SYDNEY, Jan 18 (Reuters) - Shanghai base metals futures were under pressure ahead of the release of data later on Thursday that is expected to show China's economic growth slowed in the fourth quarter.
BRASILIA, Jan 17 (Reuters) - JBS SA, the world's largest meatpacker, has agreed to sell its Five Rivers cattle feedlots in the United States to affiliates of Pinnacle Asset Management LP for about $200 million, the company said in a securities filing on Wednesday. The acquirer of JBS Five Rivers Cattle Feeding LLC will sign long term contracts to supply cattle to JBS' meatpacking units in the United States, the filing added. JBS said the proceeds will be used to reduce its debt. (Reporting by An
SAO PAULO, Jan 17 (Reuters) - Brazil's benchmark Bovespa equities index registered strong gains on Wednesday, breaching the 81,000-point mark for the first time amid strong inflows of foreign capital and industry-related news that lifted some major stocks.
NEW YORK, Jan 17 (Reuters) - The Securities and Exchange Commission on Wednesday approved a proposal from No. 2 U.S. stock exchange operator Cboe Global Markets Inc to compete for end-of-day orders for stocks listed on the New York Stock Exchange and Nasdaq Inc.
Jan 17 (Reuters) - A Florida man was sentenced on Wednesday to one year in prison for engaging in insider trading based on a tip he received from an ex-Morgan Stanley broker about Gilead Sciences Inc's planned $11.2 billion purchase of Pharmasset Inc in 2011, prosecutors said.
* CANTEL MEDICAL CORP CHAIRMAN CHARLES DIKER REPORTS OPEN MARKET SALE OF 10,000 SHARES OF CO'S COMMON STOCK ON JAN 16 AT $110.96 PER SHARE - SEC FILING Source text : ( http://bit.ly/2Bbo21u ) Further company coverage:
Jan 18 (Reuters) - Woodside Petroleum said on Thursday it expects 2018 annual production to grow by up to 6.6 percent, while liquefied natural gas (LNG) prices in the first quarter should reflect higher oil prices from the final quarter of last year.
NEW YORK, Jan 17 (Reuters) - A U.S. administrative court on Wednesday invalidated a Johnson & Johnson patent on its blockbuster prostate cancer drug Zytiga, bringing rivals closer to selling generic versions.
DETROIT, Jan 17 (Reuters) - Overall U.S. new vehicle sales could fall for the second year in a row in 2018, but Detroit's automakers are betting they can sell more high-margin pickup trucks and sport utilities to prop up profits.
LOMBARD, Ill., Jan 17 (Reuters) - Major U.S. railroads on Wednesday warned President Donald Trump of the potential financial and political consequences of scrapping the North American Free Trade Agreement and urged U.S., Mexican, and Canadian officials to find ways to modernize the accord.
Jan 17 (Reuters) - Kinder Morgan Canada said on Wednesday that the start-up of its Canadian Trans Mountain oil pipeline expansion would be delayed by three months to December 2020, marking the latest setback to a project facing fierce local opposition.
SANTIAGO, Jan 17 (Reuters) - Chilean development agency Corfo said on Wednesday that it had struck a deal with lithium company SQM , ending a long dispute over royalties in Chile's Salar de Atacama, home to one of the world's richest lithium deposits.
CALGARY, Alberta, Jan 17 (Reuters) - Canadian regulators on Wednesday ordered Husky Energy to suspend operations on its 27,000-barrel-per-day SeaRose floating production vessel off the coast of eastern Canada after an iceberg came too close to the facility in March 2017.
NEW YORK, Jan 17 (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.
TORONTO, Jan 17 (Reuters) - Canada's main stock index ended higher on Wednesday, with financial stocks leading a broad but shallow rally as the Bank of Canada hiked rates, offsetting losses among gold miners as the price of the precious metal slipped.
TORONTO, Jan 17 (Reuters) - Home Capital Group Inc, Canada's biggest alternative lender, said on Wednesday it had received a statement of claim from short seller Marc Cohodes, who is seeking C$4 million ($3.2 million) in damages.
Jan 17 (Reuters) - Stifel Financial Corp said on Wednesday financial advisers Tom Hankins and Jay Lauzon have joined its broker-dealer unit, Stifel, Nicolaus & Co Inc's private client group in Flint, Michigan.
SANTIAGO, Jan 17 (Reuters) - Chilean development agency Corfo said on Wednesday that it had struck a deal with lithium company SQM, putting an end to a long-running dispute over royalties in Chile's Salar de Atacama, home to one of the world's richest lithium deposits.
Jan 17 (Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.
Jan 17 (Reuters) - Major Canadian banks on Wednesday raised their prime lending rates, a benchmark for a wide range of consumer and commercial loans, after the country's central bank raised interest rates for the third time in seven months.
WASHINGTON, Jan 17 (Reuters) - A key Senate committee on Wednesday voted to advance the nomination of Alex Azar, a former drug industry executive and lobbyist whom President Donald Trump has tapped to be the next secretary of Health and Human Services.
SAN FRANCISCO, Jan 17 (Reuters) - Facebook Inc said on Wednesday it would conduct a new, comprehensive search of its records for possible propaganda that Russian operatives may have spread during the run-up to Britain's 2016 referendum on EU membership.
WASHINGTON, Jan 16 (Reuters) - Kazakhstan President Nursultan Nazarbayev said on Tuesday the country has reached agreements with several U.S. companies worth $7.5 billion, including contracts to supply passenger planes and locomotives to the Central Asian country.
Jan 17 (Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, the Wall Street Journal reported, citing people familiar with the matter.
LONDON, Jan 17 (Reuters) - Britain's Barclays is axing up to 100 jobs at its investment bank, a source familiar with the matter said on Wednesday, following another set of disappointing results from the division in the third quarter.
Jan 17 (Reuters) - Apple Inc will make about $38 billion in U.S. tax payments on its $252.3 billion in overseas cash in accordance with the tax law passed late last month, the company said on Wednesday.
NEW YORK, Jan 17 (Reuters) - A former personal assistant to Goldman Sachs Group Inc Co-Chief Operating Officer David Solomon has been charged with stealing hundreds of bottles of wine worth more than $1.2 million from his former boss.
NEW YORK, Jan 17 (Reuters) - Oil and gas producers WPX Energy and Chevron have asked a U.S. regulator for a new hearing on the broad industry impact of Magellan Midstream Partners' request to launch a marketing arm, signaling concerns about the effect it could have on shipping oil in the United States.
Jan 17 (Reuters) - Canada said on Wednesday it is creating an independent watchdog to monitor and investigate human rights abuses by its companies operating abroad, describing it as the first initiative of its kind in the world.
SANTIAGO, Jan 17 (Reuters) - Chile's state copper commission, Cochilco, on Wednesday raised its estimated 2018 average price for the metal to $3.06 per pound from its previous forecast of $2.95 per pound, pointing to the potential for global supply disruptions in the coming year.
Jan 17 (Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.
Jan 17 (Reuters) - Verizon Communications has renewed its deal with the National Basketball Association for two years, allowing users to live-stream games on its Yahoo platform and mobile devices and access out-of market live games.
SAO PAULO, Jan 17 (Reuters) - Brazilian state lender Caixa Economica Federal has announced replacements for four vice presidents that stepped down amid a corruption probe, the bank said in a statement on Wednesday.
SAO PAULO, Jan 17 (Reuters) - Brazil's antitrust watchdog Cade will press steelmakers ArcelorMittal SA and Votorantim Siderurgia SA for more asset sales before approving their merger, newspaper Valor Economico reported on Wednesday, citing unidentified sources.
DETROIT, Jan 17 (Reuters) - Japan's Mazda Motor Corp on Wednesday said that while it is deepening its development and production partnership with Toyota Motor Corp , the small automaker would remain a company independent from its much bigger rival.
HOUSTON, Jan 17 (Reuters) - SandRidge Energy Inc plans to meet with activist investor Carl Icahn on Wednesday over his demands for a board shake-up and other governance changes, part of a bid by the U.S. shale oil producer to quell tensions with its largest shareholder and most outspoken critic.
NEW DELHI, Jan 17 (Reuters) - India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the countryâ€™s grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead.
Jan 17 (Reuters) - Bank of America Corp's quarterly profit nearly halved due to tax-related charges, though net income excluding that hit topped estimates and management promised the new U.S. tax system would eventually benefit shareholders.
SAO PAULO, Jan 17 (Reuters) - Brazil's benchmark Bovespa equities index registered strong gains on Wednesday, breaching the 80,000-point mark for the second time, amid strong inflows of foreign capital and industry-related news that lifted some major stocks. In the first nine sessions of 2018, the Bovespa registered 3.584 billion reais ($1.11 billion) in inflows, well above the 2.2 billion reais registered in the same period last year. Analysts and investors say this trend is continuing,
LONDON, Jan 17 (Reuters) - Britain's Rolls-Royce is considering the sale of its commercial marine business, which has been hit by weak demand in offshore oil and gas markets, as part of a restructuring of the company into three core units.