GO
Loading...

South and Southeast Asia

More

  • July 29- Four employees were hurt in a fire at CVR Refining's 115,000- barrel-per-day refinery in Coffeyville, Kansas, after a fire broke out at an isomerization unit early on Tuesday, the company said in a statement.

  • *FDA lists 10 violations at Taiwan plant. July 29- Impax Laboratories Inc said the U.S. Food and Drug Administration raised concerns about the company's factory in Taiwan, casting in doubt the future of its Parkinson's drug, rytary.

  • July 29- Eaton Corp tempered its full-year profit forecast on Tuesday due to weaker margins in its electrical systems business and dented some Wall Street hopes for a near-term spin-off of its vehicle business, sending its shares down 6 percent.

  • July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, forecast falling demand for deepwater rigs, overshadowing robust demand for jack-up rigs, used in shallower waters, as well as land rigs.

  • HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.

  • *Second-quarter adj. profit 2 cents/ shr vs est loss 4 cents/ shr. July 29- AK Steel Holding Corp reported a surprise quarterly profit as prices rose and it shipped more steel, sending its shares up nearly 8 percent to their highest in two years.

  • *2nd- qtr profit of $1.21/ share vs est $1.25/ share. July 29- United Parcel Service Inc, the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the busy holiday shopping season.

  • Telecom shares rise after Windstream gets REIT approval Tuesday, 29 Jul 2014 | 10:51 AM ET

    July 29- Shares of U.S. telecom companies rose after network operator Windstream Holdings Inc said it got regulatory approval to convert some of its assets into a REIT- a tax-efficient structure that could be followed by others.

  • LONDON, July 29- Weak consumer spending and intense competition among retailers are forcing some makers of packaged goods to lower their prices, intensifying the threat of euro zone deflation.

  • July 29- JPMorgan Chase& Co, the biggest U.S. bank by assets, is slashing its technology support workforce in corporate and investment banking division following a revenue dip, Bloomberg News reported, citing people familiar with the matter. Offices affected include New York, Tampa, Chicago and Dubai, according to the report.

  • July 29- The New York Times Co reported a dip in second-quarter revenue as print advertising revenue erased the previous quarter's rise, and the company expects print ad revenue to continue to decline in the future. Shares of the company dropped almost 6 percent to $13.30 during Tuesday morning trading after the results were released.

  • July 29- CVR Refining shut its 115,000- barrel-per-day Coffeyville refinery in Kansas after a fire broke out at an isomerization unit early on Tuesday, hurting four employees, the company said in a statement. Coffeyville police and fire officials were not immediately available for comment.

  • July 29- U.S. manufacturer Eaton Corp lowered the top end of its full-year profit forecast on Tuesday due to weaker margins in its electrical systems business, sending its shares down more than 3 percent. Eaton now expects 2014 earnings in a range of $4.50 to $4.70 per share, lowering the top end from $4.90.

  • July 29- Impax Laboratories Inc said the U.S. Food and Drug Administration issued certain observations regarding violations in the company's manufacturing plant in Taiwan. Shares of Impax, which makes generics and specialty drugs to treat central nervous system disorders, fell about 17 percent to $23.15 premarket on Tuesday.

  • July 29- A fire at CVR Energy Inc's Coffeyville, Kansas refinery, early Tuesday forced the shutdown of all monitored units at the facility, energy industry intelligence service Genscape said. A company spokesman and officials from Coffeyville police and fire departments were not immediately available for comment.

  • July 29- AK Steel Holding Corp reported a surprise adjusted profit for the second quarter as shipments rose. Steel prices in North America are near two-year highs, helped by firm U.S. economic growth. Net loss attributable to the company narrowed to $17.1 million, or 13 cents per share, in the second quarter, from $40.4 million, or 30 cents per share, a year earlier.

  • July 29- Apple Inc said it updated its MacBook Pro line of laptops with a high-resolution Retina display, faster processors and higher memory for a starting price of $1,299. The world's largest technology company also lowered the price of its older 13- inch MacBook Pro by $100 to $1,099.

  • July 29- Waste Management Inc said it would sell its waste-to-energy unit to private equity firm Energy Capital Partners for $1.94 billion in cash, to focus on its larger solid waste business.

  • July 29- A fire at CVR Energy Inc's Coffeyville, Kansas refinery, early Tuesday forced the shutdown of all monitored units at the facility, energy industry intelligence service Genscape said. A company spokesman and officials from Coffeyville police and fire departments were not immediately available for comment.

  • July 29- New York Times Co reported a slight drop in second-quarter revenue as print advertising sales fell 6.6 percent, and the company said it expected a mid-single digit percentage drop in total ad revenue in the current quarter. Revenue fell to $388.7 million in the quarter from $390.9 million in the same quarter of 2013..