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  • TOKYO, May 11- Japanese stocks jumped on Monday to a near two-week high in heavy trade after China cut interest rates over the weekend while Wall Street gained on strong U.S. jobs data, helping offset a plunge in shares of Sharp Corp and Toshiba Corp. The Nikkei 225 ended 1.3 percent higher to 19,620.91, the highest closing price since April 28.

  • *Toshiba tumbles after canceling dividend, withdrawing outlook. TOKYO, May 11- Japanese stocks jumped on Monday morning after China cut interest rates over the weekend while Wall Street gained on strong U.S. jobs data, helping offset a plunge in shares of Sharp Corp and Toshiba Corp. Sharp tumbled 31 percent to 178 yen, the lowest since December 2012 after the...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion, as investor appetite for "fast-casual" dining chains continues unabated. Bojangles, which operates in the fastest-growing but crowded restaurant segment, serves southern U.S.-inspired food, including buttermilk...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion as investor appetite for "fast-casual" dining chains continues unabated. Bojangles' rousing debut follows the January listing of cult hamburger chain Shake Shack Inc, whose shares have risen about 44 percent since the...

  • Bojangles shares jump 47 pct in debut Friday, 8 May 2015 | 10:22 AM ET

    May 8- Shares of Bojangles Inc rose as much as 47 percent in its debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion. Advent's stake in Bojangles fell to about 74 percent after the offering from nearly 95 percent. Bojangles' shares were at $41.26 shortly after trading began on the Nasdaq on Friday.

  • *Shares in Barclays up 5.7 percent. *Shares in StanChart up 1.4 pct, HSBC up 1.1 pct. HSBC and Standard Chartered rose by 1.1 percent and 1.4 percent respectively.

  • Why investors are giving Alibaba's new CEO thumbs up Thursday, 7 May 2015 | 11:59 PM ET
    Incoming Alibaba CEO Daniel Zhang

    Alibaba has appointed Daniel Zhang as its new chief executive officer, with investors giving the move a thumbs up.

  • CBS profit hit by higher programming costs Thursday, 7 May 2015 | 4:14 PM ET

    May 7- CBS Corp, owner of the most-watched U.S. The company's net income from continuing operations fell to $394 million in the first quarter ended March 31 from $462 million, a year earlier. Earnings per share were unchanged at 79 cents as the weighted average number of common shares outstanding declined.

  • May 7- Shares in OvaScience Inc were up 8 percent on Thursday after the company announced the first birth of baby resulting from its experimental Augment fertility treatment. The OvaScience technology is in its very early stages and has yet to be proven to work on a large scale or cleared by regulators for use in the United States. OvaScience said its Augment...

  • *COO Daniel Zhang to become CEO, replacing Jonathan Lu. SHANGHAI/ HONG KONG, May 7- Alibaba Group Holding Ltd on Thursday posted a 45 percent rise in quarterly revenue, and shares of the Chinese e-commerce company jumped nearly 7 percent as investors cheered a smoother-than-expected transition to mobile transactions, which surpassed those from personal...

  • UPDATE 1-Telus profit rises 10 pct on strong demand Thursday, 7 May 2015 | 6:53 AM ET

    May 7- Telus Corp, one of Canada's three top telecommunications companies, reported a 10 percent rise in quarterly profit, helped by higher revenue from its wireless and wireline businesses. Telus raised its second-quarter dividend to 42 Canadian cents per share from 40 Canadian cents it paid in the first quarter. Telus' shares had risen 6.5 percent in the past 12...

  • May 6- Shares of Cablevision Systems Corp jumped as much as 8 percent after Chief Executive James Dolan said he would be interested in a "deal" with Time Warner Cable Inc, Comcast Corp and other cable operators. Cablevision, controlled by New York's Dolan family, operates primarily in the Greater New York area. CBS Corp's Sports Network joined Verizon's FiOS's new...

  • May 6- Shares of Canadian security camera maker Avigilon Corp fell as much as 28.5 percent on the Toronto Stock Exchange on Wednesday after the company reported a big jump in research and development costs, raising concerns about 2015 earnings. BMO Capital Market also downgraded Avigilon to "market perform" from "outperform", saying the Vancouver- based...

  • European shares slip on firmer euro, poor U.S. data Wednesday, 6 May 2015 | 10:57 AM ET

    LONDON, May 6- European shares fell late on Wednesday, surrendering early gains as a rally in the euro and a fall on Wall Street prompted investors to trim their trading positions. "The euro is strengthening and that has taken some of the earlier tailwinds away from the market," Gerhard Schwarz, head of equity strategy at Baader Bank, said, noting a stronger currency...

  • May 6- U.S. refiner HollyFrontier Corp said it would buy back $1 billion of its stock and reported a 49 percent rise in quarterly profit, helped by lower crude prices. The Dallas- based company said the buyback plan would replace its existing stock repurchase programs, which had $462 million remaining. Net income attributable to the company's shareholders rose to...

  • HONG KONG, May 6- Hong Kong stocks followed mainland markets lower on Wednesday, surrendering earlier gains, with infrastructure and industrial stocks leading the decline. Bucking the trend, Chinese automaker Dongfeng Motor Group Co Ltd rose 1.1 percent, after its state-owned parent, Dongfeng Motor Corp, appointed a new chairman amid media reports the...

  • Playboy looks to expand in China (without porn) Wednesday, 6 May 2015 | 12:00 AM ET

    Pornography may be illegal in China, but Playboy Enterprises - the pioneer of print adult entertainment - sees it as one of its most promising markets.

  • May 5- Shares of Salesforce.com Inc jumped as much as 6.4 percent on Tuesday after a Bloomberg report that Microsoft Corp was evaluating a bid for the cloud software provider. Microsoft shares closed down 1.3 percent at $47.60. Microsoft is evaluating a bid after Salesforce was approached by another potential buyer, Bloomberg reported, citing people with...

  • May 5- Weight-loss and nutritional products maker Herbalife Ltd raised its full-year profit forecast, encouraged by growing sales in China, sending its shares soaring after-hours. Herbalife, which has been accused by activist investor Bill Ackman of operating a pyramid scheme, also reported better-than-expected profit and sales. Herbalife's net income...

  • May 5- Shares of Salesforce.com Inc jumped 6.2 percent in late afternoon trading on Tuesday, after Bloomberg reported that Microsoft Corp is evaluating a bid for the cloud software provider. Microsoft is evaluating a bid after Salesforce was approached by another potential buyer, Bloomberg reported, citing people with knowledge of the matter.