With Brazil, Russia, India, and China slowing, private equity firms are increasingly investing in other less-developed markets.» Read More
April 17- Shares of Weibo Corp, the owner of a Chinese Twitter-like messaging service, rose more than 11 percent in their U.S. debut, overcoming worries about the outlook for tech sector and concerns that censorship in China was affecting its user growth.
April 17- Diversified industrial products maker Dover Corp posted a higher-than-expected quarterly revenue as sales rose across its engineered systems and energy equipment businesses. Chief Executive Robert Livingston said in March that Dover was looking for acquisitions in the range of $500 million to $1 billion.
*Schlumberger first-quarter profit $1.21/ share vs est. *Baker Hughes first-quarter adjusted profit $0.84/ shr est. April 17- Oilfield services companies Schlumberger Ltd and Baker Hughes Inc reported better-than-expected quarterly profits and signaled an improvement in the North American market, driven by increased drilling in the Gulf of Mexico.
April 17- Shares of Sabre Corp, the airline ticketing technology provider that also owns online travel agency Travelocity, rose as much as 7 percent in their market debut after the company sold fewer shares than expected in its initial public offering and priced them below the targeted range.
April 17- Teva Pharmaceutical Industries Ltd said it settled a patent lawsuit with Pfizer Inc, allowing the Israeli drugmaker to launch a generic version of Pfizer's blockbuster painkiller Celebrex in December.
April 17- Barnes& Noble Inc Chairman Leonard Riggio, the bookseller's founder and largest shareholder, cut his stake in the company to 20 percent by selling shares worth about $64 million. Barnes& Noble's shares fell as much as 10 percent to $16.80 in early trading on Thursday.
April 17- Teva Pharmaceutical Industries Ltd said it settled a patent litigation with Pfizer Inc, allowing the Israeli drugmaker to launch a generic version of Pfizer's blockbuster pain medication, Celebrex, in December. Celebrex's basic chemical patent expires on May 30.
April 17- DuPont, which is making a big push into the agriculture market, reported a steeper-than-expected 3 percent fall in quarterly revenue as severe winter in North America delayed the planting of crops.
*First-quarter EPS $2.64 vs est. *Sales rise 24.4 pct to $904.2 mln; same-restaurant sales rise 13.4 pct. April 17- Chipotle Mexican Grill Inc raised its full-year sales forecast after reporting better-than-expected quarterly revenue as sales surged at established restaurants.
April 17- Schlumberger Ltd, the world's largest oilfield services company, reported a profit that beat analysts' estimates for the tenth straight quarter, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.
April 17- Goldman Sachs Group Inc reported an 11 percent drop in first-quarter profit on Thursday as client activity remained constrained and fixed-income revenue shrank. The Wall Street bank said its net income fell to $1.95 billion, or $4.02 per share, in the first three months of the year from $2.19 billion, or $4.29 per share, in the same period of 2013..
April 17- Goldman Sachs Group Inc reported an 11 percent drop in first-quarter profit as client activity remained constrained and fixed-income revenue shrank. The Wall Street bank said on Thursday its net income fell to $1.95 billion, or $4.02 per share, in the first three months of the year from $2.19 billion, or $4.29 per share, in the same period of 2013..
April 17- Chemtura Corp struck a deal to sell its agrichemicals business to rival Platform Specialty Products Corp for about $1 billion as it transforms itself into a pure-play industrial specialty chemical company.
April 17- Cereal maker Post Holdings Inc said it will buy egg and dairy producer and distributor Michael Foods Inc for $2.45 billion in its largest-ever deal.
*Initially planned to sell 20 mln ADSs at $17- $19 each. April 17- China's Weibo Corp, a Twitter- like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth.
April 17- Diversified industrial products maker Dover Corp reported a 7 percent rise in quarterly revenue as sales rose across its energy, engineered systems and fluids businesses. The company's revenue rose to $1.89 billion from $1.76 billion, a year earlier.
April 17- DuPont reported a steeper-than-expected 3 percent fall in quarterly revenue as its agriculture business sold fewer seeds, herbicides and insecticides.
April 17- Mattel Inc, the world's largest toymaker, reported a net loss for the first quarter due to a fall in sales of its iconic Barbie dolls and Fisher-Price toys for preschoolers. Mattel said its sales in North America, which accounts for half of its total revenue, fell 2 percent.
TOKYO/ SINGAPORE, April 17- Iran's crude oil exports fell for the first time in five months in March, and are slated to drop further in April, moving closer to the levels stipulated by November's temporary nuclear deal that eased some sanctions on Tehran.
April 17- Chemicals maker DuPont reported a 57 percent fall in first-quarter net income due to the sale of its performance coating business, which added almost $2 billion to earnings in the year-earlier quarter.