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Monster Beverage tumbles on suit about girl's death
- Monster Beverage Corp shares fell 16 percent on Monday after news that it is being sued by the family of a 14-year-old girl who died after drinking two cans of its Monster Energy drink.
Ancestry.com to be acquired by Permira-led group for $1.6 billion
- Genealogy website operator Ancestry.com agreed to be acquired for $1.6 billion by a group led by Europe-based private equity firm Permira Advisors LLC, four months after it put itself up for sale following the cancellation of a TV show based on its research.
Viterra shares hit seven-month low as Canada rejects takeovers
- Shares of grain handler Viterra Inc dropped to a seven-month low on Monday, caught in the downdraft of a selloff related to two rejected takeovers of Canadian companies, observers said.
VF revenue misses estimates as North Face growth slows
- VF Corp missed Wall Street's third-quarter revenue expectations, and growth in its flagship The North Face brand slowed, sending the clothing company's shares down more than 4 percent on Monday.
Progress, Nexen tumble after Canada blocks Petronas bid
TORONTO - Leading Canadian energy shares tumbled on Monday after the government's shock rejection of a takeover bid for Progress Energy Resources Corp raised fresh doubts about Canada's willingness to accept foreign investment.
Astral could be sold piecemeal after BCE deal blocked
TORONTO - Canada's Astral Media, owner of television, radio and outdoor-advertising assets, could be broken up and sold to several buyers, analysts said on Friday, after the country's broadcast regulator unexpectedly vetoed a takeover by BCE Inc.
E*Trade shares tumble after surprise loss
New York - Shares of online financial services company E*Trade Financial Corp slumped 8 percent in morning trading Friday after the company reported a surprise loss a day earlier, stoking concerns about credit quality in the firm's loan portfolio.
Sharp says boosts IGZO display output; shares soar
TOKYO - Japan's Sharp Corp said it has boosted output of its IGZO displays, the thin, power-saving screens that the struggling TV maker wants to sell to ultrabook PC makers to spark a revival in its fortunes.
TCS up 2.7 percent in pre-open on strong earnings
MUMBAI - Shares in Tata Consultancy Services Ltd (TCS) , India's largest software services exporter, opened up 2.7 percent in pre-market trade after the company posted a 44 percent rise in quarterly profit on Friday.
Kansas City Southern maintains forecast on strong volumes
- Kansas City Southern's quarterly profit was hit by a higher Mexican tax bill but the railroad company stood by its full-year outlook on the strength of its automotive and cross-border freight volumes.
No related earnings announcements are currently scheduled within the next 7 days.