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Thyssen asks for cash after costly foray into Americas
FRANKFURT - ThyssenKrupp announced plans late on Monday to sell 51.5 million new shares in a capital increase as it seeks to shore up funds depleted by a downturn in the global steel market and an ill-advised foray into the Americas. | Video
Capital One shares could jump 40 percent: Barron's
NEW YORK - Shares of credit card issuer Capital One Financial could jump 40 percent in the next three years, according to a report in financial weekly Barron's on Sunday.
South African court invalidates Net 1 UEPS contract
JOHANNESBURG - South Africa's highest court on Friday invalidated a contract between a unit of U.S. firm Net 1 UEPS Technologies and South Africa's welfare agency, raising further concerns about a deal already under investigation by U.S. authorities.
GrainCorp shares plunge after ADM takeover rejected
SYDNEY - Shares in GrainCorp Ltd tumbled 26 percent on Friday after Australia rejected Archer Daniels Midland Co's A$2.8 billion ($2.55 billion) takeover bid for the country's largest listed grains handler.
Possible Qantas law change sparks takeover talk in Australia
SYDNEY - The Australian government has flagged allowing majority foreign ownership or increased government support for Qantas Airways Ltd , a move that could shake up the regional aviation sector and make the national carrier a takeover target.
Australia's Forge Group tumbles after trading update, financing deal
SYDNEY - Australian construction company Forge Group Ltd fell 92 percent on Thursday morning, as it came out of a three-week trading halt with an A$127 million ($115.39 million) profit writedown for the 2014 fiscal year and a financing deal.
HP shares jump on turnaround hopes; margins a concern
- Hewlett-Packard Co shares soared near their 52-week high on Wednesday after investors saw signs a turnaround plan was gaining traction, but Wall Street worried the improvement was coming at the expense of margins.
Panasonic to sell three Japan chip factories to Israel's TowerJazz: sources
TOKYO - Japan's Panasonic Corp will sell three domestic semiconductor factories to Israel's TowerJazz as early as the current business year ending March, sources with direct knowledge of the matter said, bringing the embattled electronics giant closer to completing the overhaul of its loss-making businesses.
Network gear maker Infoblox warns on second quarter; shares slide
- Network equipment maker Infoblox Inc forecast second-quarter results below analysts' expectations, sending its shares down 18 percent in extended trading.
Tilly's warns on holiday-quarter profit; shares tumble
- Teen apparel retailer Tilly's Inc forecast a much lower-than-expected profit for the fourth quarter, citing weak customer traffic amid increased promotions in the holiday season.
No related earnings announcements are currently scheduled within the next 7 days.