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  • Saskatoon, Saskatchewan- based Potash Corp sent an unsolicited letter to K+ S's management and supervisory boards, K+ S said in a statement. Shares of Potash Corp eased in New York and Toronto, while K+ S stock climbed 1.4 percent in Frankfurt. Potash Corp has been pushing to talk with K+ S management despite the German company's initial rejection last month of the...

  • European shares slip as German data disappoints Friday, 7 Aug 2015 | 6:31 AM ET

    *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON, Aug 7- European shares fell on Friday, weighed down by Germany's top share index after a surprising fall in industrial output, ahead of closely watched U.S. jobs data due later in the session. Germany's DAX fell 0.2 percent.

  • RCS Capital shares take wild ride amid reorganization Thursday, 6 Aug 2015 | 5:27 PM ET

    NEW YORK, Aug 6- Shares of RCS Capital Corp soared 18 percent on Thursday morning on speculation about a major announcement it planned to make and then tumbled 29 percent when the retail brokerage company said it lost $66.1 million in the second quarter, will sell a core business unit and is replacing its top management. To replenish its capital, RCS is raising $25...

  • Aug 6- Molson Coors Brewing Co reported a better-than-expected quarterly profit, helped by higher pricing and increasing demand for its higher-margin beers, and the company said it was moving to make its higher-end brands a bigger part of sales. Molson Coors' shares were up 4 percent at $73.33 in afternoon trading on Thursday. MillerCoors, Molson Coors' joint...

  • Aug 6- AMC Networks Inc's shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's forecast that suggested that more customers were deserting paid TV than expected. Walt Disney Co alarmed investors with a dour outlook for its cable business on Wednesday, overshadowing Time Warner Inc's strong...

  • *FTSEurofirst 300 ends down; results drag down Novozymes. *Munich Re raises guidance, shares climb higher. LONDON, Aug 6- European shares fell on Thursday, with weak corporate results weighing on enzyme company Novozymes and Deutsche Post even as UK stocks outperformed on receding rate-hike fears.

  • Aug 6- Fitness club operator Planet Fitness Inc's shares fell as much as 14 percent in their debut on Thursday, reflecting investor unease with companies that are listing at lofty valuations. Planet Fitness joins Amplify Snack Brands Inc, the maker of SkinnyPop popcorn, and residential solar company Sunrun Inc in making lackluster debuts this week, although...

  • Wall Street traded lower, weighed by a second day of sharp declines in media companies after Viacom's earnings miss was linked to viewers increasingly shifting to online streaming. London's FTSE 100 equity index fell 0.1 percent, outperforming a 0.8 percent drop for the pan-European FTSEurofirst 300 index. Weak corporate results hit the shares of enzyme...

  • UPDATE 2-Revenues hold up at Greek telecoms group OTE Thursday, 6 Aug 2015 | 8:45 AM ET

    ATHENS, Aug 6- OTE, Greece's biggest telecoms operator, posted a second-quarter loss on Thursday, hit by the one-off costs of a voluntary redundancy scheme, but said its domestic business was holding up relatively well despite the economic crisis. Shares in the company, which is 40 percent owned by Germany's Deutsche Telekom, were up 6.6 percent at 7.58 euros after...

  • Michael Kors sales rise on higher sales in N.America Thursday, 6 Aug 2015 | 7:17 AM ET

    Aug 6- Handbag and accessories maker Michael Kors Holdings Ltd reported a 7.3 percent rise in sales, helped by higher demand in North America, its biggest market. Net income fell to $174.4 million, or 87 cents per share, in the first quarter ended June 27, from $187.7 million, or 91 cents per shares, a year earlier. Revenue rose to $986 million from $919.2 million.

  • *FTSEurofirst 300 edges down, Novozymes slumps on weak results. *Munich Re raises guidance, shares climb higher. LONDON, Aug 6- European shares retreated on Thursday, with some weak corporate results hitting the shares of enzyme company Novozymes and Deutsche Post.

  • European shares slip back, Novozymes slumps Thursday, 6 Aug 2015 | 3:12 AM ET

    LONDON, Aug 6- European shares retreated on Thursday, with some weak corporate results hitting the shares of enzyme company Novozymes and Deutsche Post. The pan-European FTSEurofirst 300 index, which had risen 1.3 percent in the previous session, fell back 0.4 percent while the euro zone's blue-chip Euro STOXX 50 index declined by 0.2 percent.

  • TOKYO, Aug 6- Japanese shares rose on Thursday as the yen sank to a two-month low against the dollar although most of their early gains were erased on weaker Chinese stocks and caution ahead of Friday's U.S. non-farm payrolls report. It touched 20,817.48, the highest since July 21, earlier in the session. Dairy products maker Meiji Holdings, which has proved...

  • DETROIT, Aug 5- Shares of Tesla Motors Inc fell about 6 percent on Wednesday after the electric car maker posted a wider quarterly loss and said it may raise more cash to offset heavy spending on expanded production. A recently negotiated credit line can be extended from $500 million to $750 million and should be enough to cover planned investments in California...

  • Aug 5- Twenty-First Century Fox Inc's reported a 9.3 percent fall in quarterly adjusted revenue as advertising sales fell in its television business and a lack of major film releases weighed on its studio business. But Fox's adjusted profit beat Wall Street expectations and the company said it would buy back $5 billion Class A shares over the next 12 months.

  • Aug 5- Web-hosting company GoDaddy Inc forecast current-quarter revenue slightly below Wall Street estimates, sending its shares down 11 percent in after-market trading. GoDaddy forecast revenue in the range of $405 million- $410 million for the third quarter ending Sept. 30. Founded 18 years ago by Bob Parsons, GoDaddy is hardly a technology start-up, yet...

  • *Walt Disney falls after cutting cable unit profit forecast. Aug 5- The S&P 500 and the Nasdaq composite were higher on Wednesday as weak private sector hiring tempered expectations of a September interest rate hike, while the Dow Jones industrial average was weighed down by Walt Disney. Walt Disney's shares fell as much as 10 percent to $109.50, after the company...

  • *Comments overshadow Time Warner's strong results. *Time Warner shares fall as much as 9 pct. Aug 5- Time Warner Inc's shares fell as much as 9 percent after Walt Disney Co alarmed investors with a dour outlook for its cable business, suggesting that more people were switching to video-streaming from paid TV than previously expected.

  • Aug 5- Diversified U.S. miner and energy producer Freeport-McMoRan Inc said it would cut its budget for oil and gas operations and defer investments in several long-term projects. Shares of the company rose 3.7 percent to $11.45 in premarket trading. The company had $20.9 billion in debt and $466 million in cash as of June-end.

  • Standard Chartered halves dividend, may hike capital Wednesday, 5 Aug 2015 | 5:23 AM ET

    Standard Chartered halved its dividend and said it would raise capital from investors if needed, as new chief executive, Bill Winters, discussed reviving the bank.