Christoph Rubeli, Co-CEO of Partners Group, says the healthcare, education and e-commerce sectors in India offer long-term opportunities.» Read More
March 31- Prana Biotechnology Ltd said its experimental drug to treat Alzheimer's disease failed to meet the main goal of a mid-stage study in patients with a mild form of the condition. The company's shares fell about 38 percent to $6.13 in premarket trade on Monday.
Ashish Chauhan, CEO of the Bombay Stock Exchange, discusses the Indian elections and what it would mean for the economy.
March 30- Libya's sovereign wealth fund has filed a $1.5 billion lawsuit against Societe Generale, accusing it of funnelling bribes worth tens of millions of dollars to associates of Saif al-Islam, the son of former Libyan leader Muammar Gaddafi.
March 31- New York state joined New York City in suing package delivery company FedEx Corp for allegedly violating state and federal laws by illegally delivering contraband cigarettes to people's homes.
March 28- Payment processor Mercury Payment Systems Inc, backed by private equity firm Silver Lake Group LLC, filed with U.S. regulators on Friday to raise about $100 million in an initial public offering of common stock.
*Expects full-year profit of C $1.55- C $1.65/ shr vs estimate C $1.69/ shr. March 28- Ski-Doo snowmobile maker BRP Inc forecast a full-year profit below analysts' estimates, saying uncertainty in Russia and the weakening of the rouble would hurt demand in its third-largest market.
*Plans to sell 37.2 mln shares at $18- $21 each. March 27- La Quinta Holdings Inc will raise as much as $780 million from its initial public offering, as it becomes the third hotel chain to be taken public by Blackstone Group LP in six months.
The National Highway Traffic Safety Administration closed the probe without asking Tesla for a recall after it the company raised the sedan's ground clearance and added protective plates for the lithium ion battery pack that powers the car. NHTSA opened an investigation four months ago after two cars in the United States and one in Mexico caught fire.
March 28- Idera Pharmaceuticals Inc said its lead experimental drug for the most common form of psoriasis was found to be safe and well tolerated by patients after 12 weeks of treatment in a mid-stage trial.
March 28- Shares of CBS Outdoor Americas Inc rose 9 percent in their trading debut, valuing the company carved out of broadcaster CBS Corp at $3.65 billion as it steps up its efforts to grab more advertising dollars for its billboards. The offering, which raised $560 million, reduced CBS Corp's stake in CBS Outdoor to 83 percent.
March 28- Shares of CBS Outdoor Americas Inc rose 9 percent in their market debut, valuing the outdoor advertising company carved out of broadcaster CBS Corp at about $3.65 billion. CBS Corp's stake in CBS Outdoor fell to 83 percent after the offering.
March 28- Alcoa Inc, the biggest U.S. aluminum producer, said it would cut 147,000 metric tons of capacity at two aluminum smelters in Brazil as increased costs and low prices have made the plants uncompetitive.
March 28- U.S. safety regulators said they closed an investigation into fires involving electric sports car maker Tesla Motors Inc's popular Model S sedans after finding no "defect trend", sending the company's shares up as much as 4 percent.
March 28- U.S. safety regulators said they had closed an investigation into electric sports car maker Tesla Motors Inc's popular Model S sedans. The U.S. National Highway Traffic Safety Administration began investigations into the company's Model S luxury electric cars in November after three cars caught fire.
March 28- Alcoa Inc said it would cut 147,000 metric tons of capacity at two aluminum smelters in Brazil as increased costs have made the plants uncompetitive. Alcoa had placed 460,000 metric tons of smelting capacity under review last May. Alcoa said it expected the capacity cuts at Sao Luis and Pocos de Caldas smelters to be complete by the end of May.
March 28- Canada's BRP Inc, which makes the Ski-Doo snowmobiles, forecast a lower-than-expected full-year profit, saying the political uncertainty in Russia and a harsh winter in North America would hurt deliveries.
March 28- Idera Pharmaceuticals Inc said its lead experimental drug for the most common form of psoriasis was found to be safe and well tolerated by patients after 12 weeks of treatment in a mid-stage trial. The company's shares rose 40 percent to $5.40 in premarket trading on Friday.
March 28- Idera Pharmaceuticals Inc said its experimental drug for an inflammatory skin disease was found safe and well tolerated by patients after 12 weeks of treatment in a mid-stage trial. The company's shares rose about 40 percent to $5.40 in premarket trading on Friday.
March 28- BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, posted a quarterly net loss, mainly due to higher expenses. The company, which was spun off from Bombardier Inc in 2003, reported a net loss of C $6.3 million for the quarter ended Jan. 31 compared with a profit of C $35.8 million, a year earlier.
LONDON, March 28- Emerging market stocks were set for their biggest weekly rise in nine months on Friday as calm in Crimea and reports that China would fast track infrastructure spending helped repair some of the damage of a turbulent few months.