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  • Sept 9- United Continental Holdings Inc's new CEO, in his first communication with employees, struck a sharp contrast with ousted predecessor Jeff Smisek, a shift investors and unions cheered on Wednesday. Along with Smisek, two other senior UAL executives also left United on Tuesday as a result of a federal probe involving the Port Authority of New York and New...

  • TAIPEI, Sept 9- Taiwan stocks rose on Wednesday on broad-based gains, led by bargain hunting as investors chased tech shares higher. Shares in Hon Hai Precision, which goes by the trade name Foxconn and is the main assembler for Apple Inc's iPhones, were also up 1.8 percent. The Taiwan dollar firmed T $0.375 to T $32.628 per U.S. dollar.

  • Sept 8- United Continental Holdings Inc said on Tuesday Chief Executive Jeff Smisek had stepped down amid a federal probe of the airline, and that two other senior executives tied to the investigation would also be leaving the company. United Continental's shares fell 2.8 percent in trading after the bell. Smisek, who has been the company's CEO since 2010, will...

  • UPDATE 1-United Airlines CEO Jeff Smisek steps down Tuesday, 8 Sep 2015 | 5:21 PM ET

    Sept 8- United Continental Holdings Inc said Chief Executive Jeff Smisek had stepped down and named CSX Corp Chief Operating Office Oscar Munoz as his replacement, effective immediately. United Continental's shares fell 2.8 percent in trading after the bell on Tuesday. Smisek, who has been the company's CEO since 2010, will also step down as chairman and...

  • Sept 8- Tetraphase Pharmaceuticals Inc said its experimental bowel drug failed to meet the main goal in a late-stage study, sending its shares down 75 percent in extended trading. The company said on Tuesday that data from the study showed that the drug was not better than Johnson& Johnson's antibiotic, levofloxacin, to treat complicated urinary tract...

  • Sept 8- Digital video recorder maker TiVo Inc reported a 6.8 percent rise in quarterly revenue, helped by higher subscriptions. TiVo's net income fell to $8.3 million from $9.3 million a year earlier. On a per share basis, profit rose by one cent to 9 cents as the number of diluted shares fell.

  • Sept 8- GlaxoSmithKline Plc and its partner Theravance Inc on Tuesday said their inhaled medicine Breo failed to prolong life of patients with chronic respiratory disease in a huge, high-stakes clinical trial. Shares of Theravance plunged 17 percent in late afternoon trading. Shares of far-larger Glaxo rose 2 percent in New York, lagging a 2.4 percent gain for...

  • The Hang Seng index rose 3.3 percent, to 21,259.04, while the China Enterprises Index, which tracks Chinese companies listed in Hong Kong, jumped 4.1 percent, to 9,479.48 points. "Stock prices have fallen a lot, so the rebound in mainland shares can easily trigger a rally in Hong Kong stocks as well," said Qiu Zhi, Shenzhen- based strategist at Huatai Securities Co..

  • LONDON, Sept 8- European equities climbed higher on Tuesday, with Germany's benchmark DAX share index outperforming the broader stock market after a strong set of German trade data. At 0711 GMT, the pan-European FTSEurofirst 300 index was up 1.0 percent at 1,413.52 points, while the DAX was up 1.2 percent. German exports and imports hit record highs in value terms...

  • Japan's MS&AD to buy UK insurer Amlin for $5.34B Tuesday, 8 Sep 2015 | 2:52 AM ET
    mergers

    MS&AD Insurance Group Holdings on Tuesday said it has agreed to buy U.K. rival Amlin for 3.47 billion pounds ($5.34 billion).

  • LONDON, Sept 7- European shares bounced back on Monday from sharp declines in the previous session, boosted by mining and commodities trading firm Glencore which rose after announcing plans to cut its debt. Glencore shares surged 8 percent, the top gainer in Europe, after the company said it will suspend dividends, sell assets and raise $2.5 billion in a new share...

  • *Toshiba overstated profits by $1.3 bln going back to 2008/ 09. TOKYO, Sept 7- Japan's Toshiba Corp booked a net loss for the past financial year and pledged to improve governance with a revamped board of directors, raising hopes it was finally moving beyond a $1.3 billion accounting scandal. Shares in Toshiba jumped 4.9 percent by the end of morning trade, but they...

  • *Tech stock lead gainers, Netflix hit by short-sell call. *Ambarella's forecast drags on stock and GoPro. Wall Street had closed sharply lower on Tuesday, with concerns about China's economy pushing major indexes down almost 3 percent and intensifying fears of a long-term selloff.

  • *Ambarella's forecast drags on stock and GoPro. *Navistar falls on possibility of SEC lawsuit. However, Netflix fell 3 percent after Citron Research recommended a short call on the stock.

  • *Luxury senior homes operator's shares rise as much as 113 pct to a record high of C $18.70. **BayBridge Seniors Housing Inc, owned by Ontario Teachers' Pension Plan Board, will take Amica private for C $578 million. **Vancouver- based Amica operates 26 luxury seniors residential properties in Canada, while BayBridge Seniors Housing owns and operates 35 senior living...

  • Nikkei falls as fresh Shanghai losses dismay investors Wednesday, 2 Sep 2015 | 2:42 AM ET

    TOKYO, Sept 2- Japanese stocks fell on Wednesday as concerns about China's cooling economy and further losses in Chinese stock markets demoralized investors, wiping out early gains. Daio Paper Corp. lost 17.9 percent, dragging down the Topix paper subindex after announcing it will issue 30 billion yen worth of euro-yen denominated convertible bond shares,...

  • LONDON/ BEIJING Sept 1- Shares in British hedge fund manager Man Group Plc fell more than 6 percent in early trade on Tuesday following a report that the head of its China unit had been taken into custody as part of a probe into the country's recent market volatility. Bloomberg reported on Monday that Man's China chairwoman, Li Yifei, was helping authorities...

  • Yahoo's Marissa Mayer reveals: I'm having twins Tuesday, 1 Sep 2015 | 1:45 AM ET
    Marissa Mayer

    Yahoo chief executive Marissa Mayer delivered a piece of personal news on Tuesday: She's pregnant with twins.

  • *China factory activity shrinks at fastest pace in 3 years. TOKYO, Sept 1- Asian shares fell on Tuesday and the dollar struggled after twin surveys showed China's manufacturing sector in the grip of its worst slump in several years, raising fresh fears about the health of its economy. China's official Purchasing Managers' Index fell to 49.7 in August from the...

  • Japan’s ‘Donki’ rides inbound tourism surge Sunday, 30 Aug 2015 | 10:00 PM ET
    A Don Quijote customer looks at goods at one of the discount chain's stores in Tokyo, Japan.

    The departure of maverick founder Takao Yasuda has unnerved investors in Japanese retailer Don Quijote, the Financial Times reports.