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U.S. probes deaths for links to Monster energy drink
- The U.S. Food and Drug Administration said on Monday that it was investigating reports of five deaths that may be associated with Monster Beverage Corp's energy drink, and the company's shares fell more than 14 percent.
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.
Volterra forecasts weak fourth quarter, shares slip
- Chipmaker Volterra Semiconductor Corp forecast fourth-quarter results that were below analysts' expectations, sending its shares down as much as 15 percent after the bell.
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.
No related earnings announcements are currently scheduled within the next 7 days.