James Goldston is succeeding Ben Sherwood, who will take on a new role as co-chairman of Disney Media Networks.» Read More
Feb 18- Coca-Cola Co's global sales volumes rose less than it expected in the fourth quarter and fell in North America, sending its shares down almost 2 percent in premarket trading. Coke, like rival PepsiCo Inc, has been battling declining soda sales in developed markets, especially the United States.
Feb 18- Prana Biotechnology Ltd said its experimental drug to treat a hereditary degenerative brain disorder met the main goals of safety and tolerability in a mid-stage study, sending its shares up about 42 percent in premarket trade.
Feb 14- Campbell Soup Co, the world's largest soup maker, reported a higher-than-expected quarterly profit, helped by an increase in soup sales during the holiday quarter, sending shares up as much as 7 percent. It also acquired Bolthouse Farms, which makes refrigerated juices and baby carrots in 2012..
TORONTO, Feb 13- Bombardier Inc reported a quarterly profit that fell well short of expectations on Thursday and cut its 2014 earnings forecast as it spends heavily on developing its new CSeries jetliner, news that spurred downgrades of its credit rating and pushed its shares sharply lower.
Feb 13- Orbitz Worldwide Inc reported a higher-than-expected quarterly profit on Thursday and said it was making investments to improve its airline-ticket business, sending its heavily shorted shares up 28 percent for their biggest gain since August.
TORONTO, Feb 13- Telus Corp, one of Canada's biggest telecom companies, outpaced its main rivals with a 13- percent jump in fourth-quarter profit and ambitious targets for 2014, helped by expansion in both its wireless and fixed-line businesses.
Feb 13- Goodyear Tire& Rubber Co, one of the world's largest tire companies, posted a higher-than-expected fourth-quarter profit on Thursday and said it had fully funded its hourly U.S. pension plan, sending its shares up as much as 7.6 percent. Goodyear funded its U.S. plan with $1.15 billion in cash.
Global miner Rio Tinto reported a 45 percent jump in second-half profit on Thursday, beating market forecasts.
Comcast Chairman and CEO Brian Roberts said he's confident the deal to acquire Time Warner Cable will be approved.
The CEO of French advertising agency Publicis has described the expected tie-up between Comcast and Time Warner Cable, as the "sensible" thing to do.
HONG KONG, Feb 13- Hong Kong shares slipped from three-week highs on Thursday, with changes in index components driving major price moves while investors took some profits after robust gains in the past week.
TOKYO, Feb 13- Investors' profit-taking on Thursday brought Asian markets off three-week highs notched a day earlier on the back of reassuring comments from the Federal Reserve's new chairwoman, Janet Yellen, over the prospects for U.S. growth.
*Prada sinks after 2013 sales growth misses estimates. HONG KONG, Feb 13- Hong Kong shares slipped from three-week highs on Thursday, with index reviews driving major price moves and as investors took stock of recent robust gains ahead of more China data.
*Forecasts first-quarter revenue $62 mln- $63 mln vs est $60.6 mln. Feb 12- Real estate website operator Zillow Inc warned that near-term profit would be hit due to higher advertising costs, sending its shares down 3 percent in after-hours trading.
Feb 12- Whole Foods Market Inc lowered its 2014 sales and profit forecast on Wednesday for the second time after first quarter revenue missed Wall Street expectations because of growing competition in the fresh and organic foods market.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their market debut, valuing the U.S. bank holding company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected range.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their U.S. market debut, valuing the company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected pricing range.
Feb 11- Network security company FireEye Inc forecast current-quarter revenue below analysts' average expectation and warned that development costs would rise sharply, sending its shares down nearly 8 percent in after-hours trading.
Feb 11- Online travel planning company TripAdvisor Inc said it had dismissed Ernst& Young as its auditor and appointed KPMG, effective immediately, but gave no reason for the change. Shares of TripAdvisor, which also reported stronger-than-expected fourth-quarter revenue, were down about 1 percent in extended trading on Tuesday.
Feb 11- Network security company FireEye Inc reported a larger adjusted loss, sending its shares down nearly 8 percent in after-hours trading. The company's adjusted net loss widened to $40.5 million, or 35 cents per share, for the fourth quarter ended Dec. 31, from $8.4 million, or 64 cents, a year earlier.