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  • HONG KONG, Oct 5- Hong Kong shares rose nearly 2 percent early Monday, led by financials and Macau gambling stocks, lifted by a wave of short covering and hopes for China policy moves, though gains may be limited around a key level. One broker credited better-than-expected tourist arrivals n Macau during China's Golden Week holidays. Shares of Galaxy...

  • HONG KONG, Oct 2- Hong Kong shares rose more than 3 percent on Friday, pulling further away from two-year lows hit earlier in the week, as investors cheered moves by China to prop up its sluggish property market and cooling economy. Shares of Galaxy Entertainment surged 10 percent, Wynn Macau gained 7.4 percent, Sands China rose 6 percent and SJM Holdings climbed 6.4...

  • Oct 1- Chipmaker PMC-Sierra Inc is looking to sell itself and has hired a financial adviser, Bloomberg reported, citing people familiar with the matter. Shares of PMC-Sierra, which has a market value of about $1.30 billion, were down 6.6 percent at $6.77 in extended trading on Thursday. MediaTek Inc and other companies looking at entering the solid state drives...

  • Oct 1- Memory chipmaker Micron Technology Inc reported quarterly revenue and profit above estimates, sending its shares up 3.8 percent in after-hours trading. Micron is being pursued by China's state-backed Tsinghua Unigroup Ltd, according to reports. Tsinghua, whose unit bought a 15 percent stake in Western Digital Corp for $3.8 billion on Wednesday, has...

  • Dunkin' Donuts to shut 100 U.S. stores, shares tumble Thursday, 1 Oct 2015 | 10:28 AM ET

    Oct 1- Dunkin' Brands Group Inc said it would shut 100 Dunkin' Donuts stores in the United States in 2015 and 2016, sending the company's shares down almost 13 percent on Thursday. The company also maintained its full-year forecast of adjusted earnings of $1.87- $1.91 per share, according to an investor day presentation. Analysts on average were expecting...

  • Sept 30- U.S. data storage company Western Digital Corp said Chinese state-backed Unisplendour Corp Ltd would invest $3.78 billion in the company for a 15 percent stake. Western Digital shares rose about 10 percent to $75.99 in premarket trading on Wednesday. Unisplendour, owned by Tsinghua Holdings, will have the right to nominate one representative to...

  • Sept 29- Apparel retailer Aeropostale Inc said the New York Stock Exchange has warned that the average price of its shares had fallen below $1 for 30 trading days and it was considering a reverse stock split to return to compliance.

  • Sept 29- Yahoo Inc shares rose as much as 6 percent on Tuesday after the company said it would proceed with the spinoff of its stake in Chinese e-commerce company Alibaba Group Holding Ltd despite the risk that the deal might not be tax-free. Shares of Yahoo, which have fallen about 45 percent this year, touched a high of $29.23 on the Nasdaq on Tuesday.

  • Sept 29- Yahoo Inc shares opened 3.5 percent higher on Tuesday after the company said it would proceed with the spinoff of its stake in Chinese e-commerce company Alibaba Group Holding Ltd despite the risk that the deal might not be tax-free. If the IRS denies the tax-free status later, Yahoo's shareholders may have to pay some $9 billion in taxes.

  • Sept 29- U.S. stocks open higher on Tuesday, recovering some of their previous day's losses stemming from a selloff in shares of biotechs and raw materials producers.

  • Sept 29- Yahoo Inc shares rose on Tuesday after the company said it would go ahead with the planned spinoff of its stake in Alibaba Group Holding Ltd despite the risk that the deal might not be tax free. Shares of Yahoo, which said this month that the U.S. Internal Revenue Service had denied its request for a private letter ruling on a possible tax-free deal, rose 3.6...

  • *Asia shares hit 3-1/ 2- year lows on China anxiety. SINGAPORE, Sept 29- Oil prices edged up on a tightening U.S. market on Tuesday but the outlook remained weak as concerns over Asia's economic health mounted and production remained high. Shares in commodity trading firms, such as Glencore and Noble Group, were hit hard and a Japanese shipper filed for bankruptcy, in...

  • Sept 28- Yahoo Inc said on Monday it would proceed with the planned spinoff of its stake in Alibaba Group Holding Ltd even though the IRS has declined to rule on whether the transaction would be tax free. Yahoo's shares rose 4 percent to $28.71 in extended trading. Based on Alibaba's Monday close of $59.24, Yahoo's 384 million shares of Alibaba are worth $22.75...

  • Sept 28- Yahoo Inc said it would proceed with the planned spinoff of its stake in Alibaba Group Holding Ltd even though the IRS has declined to rule on whether the transaction will be tax free. Yahoo's shares rose 4 percent to $28.71 in extended trading. The company said earlier this month the IRS had denied Yahoo's request for a private letter ruling on whether the...

  • NEW YORK, Sept 28- U.S. A 30 percent plunge in shares of London-listed mining and trading company Glencore and an 8.8 percent drop in Chinese industrial firms' profits triggered the most recent investor anxiety, dragging copper below $5,000 a tonne. "Weaker-than-expected Chinese industrial profits and a continued selloff in commodities carried on through the...

  • NEW YORK, Sept 28- U.S. A 30 percent plunge in shares of mining giant Glencore traded in London, and an 8.8 percent drop in Chinese industrial firms' profits triggered the most recent investor anxiety, dragging down copper below $5,000 a ton. "We are still trapped between the various parts of the global market that aren't doing well and expectations for good U.S. data,"...

  • CHICAGO, Sept 28- Alcoa Inc said on Monday it will split into two companies to separate its struggling aluminum smelting operations from production of lightweight metals for its faster-growing aerospace and automotive business. The news sparked a rally in Alcoa's shares, which were up nearly 6 percent at $9.60 in premarket trading. The split is expected to be...

  • Sept 28- Verastem Inc said it would wind down studies testing its lead therapy in development for mesothelioma cancer, sending the company's shares down by half in premarket trading. Verastem is also testing VS-6063 to treat a form of lung cancer and ovarian cancer. Verastem's shares fell 50.62 percent to $2.80 in trading before the bell on Monday.

  • European shares slip, Vodafone lags Monday, 28 Sep 2015 | 3:13 AM ET

    LONDON, Sept 28- European shares slipped on Monday, with Vodafone lagging after ending talks with Liberty Global while Spanish shares tracked other markets after separatists won a majority of seats in an election in Catalonia. Spain's benchmark IBEX index fell 0.1 percent. Vodafone fell 2.9 percent after the British mobile operator said it had ended talks...

  • TORONTO, Sept 25- BlackBerry Ltd reported a bigger-than-expected second-quarter loss on Friday, as revenue from its once-iconic smartphone slid further, sending shares down nearly 4 percent in premarket trading. The Waterloo, Ontario- based company said it expects "modest" sequential revenue growth in the remaining two quarters of this fiscal year and a...