Audrey Goh, Investment Strategist at Standard Chartered, outlines the factors that can take Indian equities higher.» Read More
Aug 20- Hackers who stole the personal data of about 4.5 million patients of hospital group Community Health Systems Inc broke into the company's computer system by exploiting the "Heartbleed" internet bug, making it the first known large-scale cyber attack using the flaw, according to a security expert.
Aug 20- Twitter Inc said it will remove images or videos of deceased individuals at the request of family members. "In order to respect the wishes of loved ones, Twitter will remove imagery of deceased individuals in certain circumstances," according to a statement tweeted by Twitter spokesman Nu Wexler on Tuesday.
The company previously forecast full-year 2014 adjusted profit of $1.70 to $2 per share on revenue of $11.4 billion to $11.7 billion. Hertz said in June that it would restate or correct financial results for the past three years to fix accounting errors originating in 2011..
Aug 19- Hertz Global Holdings Inc said it is withdrawing its full-year forecast and expects earnings to be well below its previous guidance due to challenges in the rental car and equipment businesses and costs related to its review of the past three years' financial results.
Aug 19- Brokerage firm Wedbush Securities rejected Financial Industry Regulatory Authority's charges, saying its risk management controls were consistent with the regulator's guidance.
Aug 20- Japan plans to seek funding to buy six F-35 stealth fighter jets in next year's budget to strengthen defense of remote southwestern islands against China, which has grown increasingly assertive at sea and in the air, the Nikkei reported. The Ministry of Defense intends to ask that 124.9 billion yen be set aside, the Nikkei said.
Aug 19- The U.S. Coast Guard closed a 15- mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60- year-old power plant owned by Duke Energy 20 miles east of Cincinnati, Ohio.
Aug 19- Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, said on Tuesday it would withdraw its plans for an initial public offering. The Jacksonville, Florida- based company filed with the U.S. Securities and Exchange Commission in September for an IPO of up to $500 million.
Aug 19- Botox maker Allergan Inc has approached Salix Pharmaceuticals Ltd and at least one other company about a potential takeover in a bid to avert the $53 billion hostile takeover from Valeant Pharmaceuticals International Inc, the Wall Street Journal said. Allergan and Salix declined to comment on the matter.
Aug 19- Activist investor Orange Capital LLC said it would ask oil and gas company Bellatrix Exploration Ltd to consider strategic alternatives after it became the largest shareholder in the Canadian company.
Aug 19- Citigroup Inc is considering the sale of its retail-banking business in Japan, the Wall Street Journal said on Wednesday, citing people familiar with the matter. Citigroup is considering a possible auction for the sale, the Journal reported.
Aug 19- GameStop Corp, the world's largest retailer of videogame products, said Chief Executive Paul Raines underwent an unexpected surgery last week for a small cancerous brain tumor. GameStop also said the six-week treatment period will not interfere with Raines' "continued leadership" of the company.
Aug 19- Activist investor Orange Capital LLC said it would ask oil and gas company Bellatrix Exploration Ltd to consider strategic alternatives after it became the largest shareholder in the Canadian company. Bellatrix's shares rose as much as 7.6 percent after New York- based Orange Capital reported a 5.3 percent in the company.
Aug 19- Five thousand gallons of fuel oil spilled into the Ohio River on Monday night from a 60- year-old coal-fired power plant owned by Duke Energy, the company said on Tuesday.
Aug 19- GameStop Corp, the world's largest retailer of videogame products, said Chief Executive Paul Raines underwent an unexpected surgery last week for a small cancerous brain tumor. Raines, who will be undergoing chemotherapy, will restrict his travel during the expected six week of treatment, the company said in a regulatory filing on Tuesday.
Aug 19- Google Inc is considering allowing online accounts for children under the age of 13 and give their parents control over how the service is used, according to media reports. Internet companies such as Google and Facebook Inc do not offer their services to children under 13, but it is tough to catch users who sign up by providing false information.
Aug 19- U.S. power company Duke Energy said on Tuesday about 5,000 gallons of fuel was spilled into the Ohio River during a routine transfer of fuel oil at its station near Cincinnati. The spill that took place around 11.15 p.m. ET on Monday was stopped within 15 minutes, the company said.
Aug 19- Elizabeth Arden Inc reported the biggest quarterly loss in its history due to a steeper-than-anticipated fall in sales of celebrity perfumes, particularly Justin Bieber and Taylor Swift brands.
Aug 19- Elizabeth Arden Inc reported a wider loss due to a steeper-than-anticipated fall in sales of celebrity perfumes, particularly Justin Bieber and Taylor Swift brands. The net loss attributable to Elizabeth Arden widened to $155.9 million, or $5.24 per share, in the fourth quarter ended June 30, from $5.0 million, or 17 cents per share, a year earlier.
Aug 19- Home Depot Inc, the world's largest home improvement chain, reported a better-than-expected 5.8 percent rise in same-store sales as customers spent more on home repairs after a severe North American winter. Analysts had expected Home Depot's same-store sales to rise 4.4 percent, according to research firm Consensus Metrix.