Eswar Prasad, Senior Professor of Trade Policy at Cornell University, discusses the improvement in ties between U.S. President Obama and Indian Prime Minister Modi.» Read More
*MSCI Asia ex- Japan steady, Nikkei opens up 0.3 pct. Markets in China, Hong Kong and India are closed for holidays on Tuesday. The MSCI index of Asia-Pacific shares outside Japan.
Oct 1- Dynegy Inc said on Monday that it has emerged from Chapter 11, less than a month after the power producer said it won court approval of its bankruptcy plan. Creditors of Dynegy Inc and its Dynegy Holdings LLC unit had voted overwhelmingly in favor of their joint bankruptcy reorganization plan.
SE ASIA STOCKS-Most weak in light volume, Malaysia outperforms STOCKS TO WATCH-- SINGAPORE AIRLINES LTD, TIGER AIRWAYS HOLDINGS LTD. -Singapore Airlines' budget unit, Scoot, and Tiger Airways have signed a partnership agreement and will offer some joint itineraries.
TAIPEI, Oct 2- Following are news items and media reports that may affect the Taiwan stock market. REUTERS HEADLINES> Nokia sells mapping services to Oracle. >3 M, Honeywell step up deals amid econ uncertainty.
MELBOURNE, Oct 2- Australian shares opened 0.3 percent higher on Tuesday, with investors on tenterhooks ahead of a central bank rate decision and resources stocks helped by stronger-than-expected U.S. manufacturing data.
-Citigroup holds roundtable discussion on the impact of the QE3 on Asian policy makers, with Citi Asia Pacific Chief Economist Johanna Chua, Makati Shangri-La Hotel, 10:00 a.m.. STOCKS TO WATCH- JG SUMMIT HOLDINGS.
SYDNEY, Oct 2- Australian shares are set to open higher on Tuesday, with resources stocks likely to underpin gains after data showed a surprising expansion in U.S. manufacturing in September.
Oct 1- Candle maker Blyth Inc said it would delay buying until April 2014 the remainder of ViSalus Inc that it does not already own, days after it withdrew the nutritional supplement seller's planned initial public offering. As of June 30, Blyth had cash of $166.7 million and long-term debt of about $100 million.
Oct 1- Canadian Pacific Railway Ltd said chief operations officer Mike Franczak resigned effective immediately, the latest top executive to leave Canada's second-largest railroad.
NEW YORK, Oct 1- Cotton prices ended higher on Monday on technical buying after testing the 70- cent mark, with traders expecting renewed pressure ahead of the U.S. harvest. It found support at 70 cents, "said John Flanagan, an analyst at Flanagan Trading Corp in North Carolina. New York cotton for December delivery.
Oct 1- Mobile advertising company Millennial Media Inc said Yahoo Inc's former chief marketing officer Mollie Spilman will join the company as its marketing chief and executive vice president. Millennial Media said Spilman will lead the company's worldwide marketing, advertising and branding in the newly created role.
*Kevin Lobo succeeds interim CEO Curt Hartman* Hartman to leave company* CEO search had been under way since February* Stock falls 1.5 percent in afternoon trading By Toni Clarke. Oct 1- Medical device maker Stryker Corp on Monday named Kevin Lobo, head of its orthopedics unit, as president and chief executive following an eight-month search.
NEW YORK, Oct 1- BMC Software Inc is exploring a potential sale of the company and has retained Bank of America Merrill Lynch to assist with the strategic review, people familiar with the matter said on Monday.
Irene Tse, who headed the North America operations of the Chief Investment Office, told the firm she is resigning to focus on "entrepreneurial ventures," according to a memo on Monday from Chief Operating Officer Matt Zames, a copy of which was obtained by Reuters.
Oct 1- Consulting and outsourcing group Accenture. Accenture said the newly acquired IPTV software, assets and capabilities would be part of its video solutions business that helps companies launch video services at a low cost. A source close to the deal said 17 employees of Nokia Siemens would join Accenture.
Oct 1- BMC Software Inc is looking to sell itself and has retained Bank of America Merrill Lynch to help find a buyer, the Wall Street Journal reported Monday. The company's shares were up 4.3 percent at $43.26 in afternoon trade on the Nasdaq.
*Lobo succeeds interim CEO Curt Hartman* Hartman to leave company* CEO search had been underway since February* Stock falls 0.4 pct in midday trading By Toni Clarke. Oct 1- Medical device maker Stryker Corp on Monday named Kevin Lobo, head of its orthopedics unit, as president and chief executive following an eight-month search.
TEHRAN, Iran-- For weeks, a manifesto complaining about Iran's stumbling economy circulated in secret among factories and workshops.
Oct 1- Medical device maker Stryker Corp named Kevin Lobo as Chief Executive. Interim CEO Curt Hartman resigned and will stay on as an adviser to assure a smooth transition, the company said. Lobo, who joined Stryker in April 2011, was the president for its orthopedics unit.
**CERADYNE INC, $34.92, up 42.9 pct** 3 M, $93.51, up 1.17 pct. 3 M said it will acquire the ceramic component maker for about $847 million. The offer of $35 per share represents a premium of about 43 percent to Ceradyne's Friday closing.