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  • HONG KONG, March 3- Hong Kong shares surrendered early gains and closed lower on Tuesday, as losses in mainland China markets outweighed initial optimism fueled by overnight bullishness in U.S. stocks. Shares of mainland banks listed in Hong Kong also fell, dragging the benchmark HSI lower despite initial support stemming from a strong performance on Wall...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. It was boosted by chipmakers NXP Semiconductors NV, Intel Corp as well as network equipment maker Cisco Systems Inc after two big deal announcements. Shares of chipmaker NXP rose 17 percent to $99.35 after it agreed to buy smaller peer Freescale Semiconductor Ltd to create a company valued over $40...

  • *Tullow down on project delay and FTSE demotion worries. The Greek banking index fell nearly 10 percent, while lenders National Bank of Greece, Piraeus Bank and Alpha Bank fell 10.0 to 11.8 percent to feature among the top decliners. "The fears about a possible default for Greece are certainly not completely off the table," Gerhard Schwarz, head of equity strategy at...

  • NXP-Freescale merger makes 'true powerhouse': CEO Monday, 2 Mar 2015 | 11:52 AM ET

    NXP's acquisition of Freescale shows that semiconductors are a "consolidating industry," NXP CEO Rick Clemmer said.

  • Feb 27- Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0. State-owned oil company Saudi Aramco terminated its contract for one of Hercules Offshore rigs on Thursday, prompting the brokerage to downgrade the stock to' sell' from' buy'.

  • Secrets of Cinnabon's tasty innovations Friday, 27 Feb 2015 | 1:34 PM ET
    Kat Cole

    A key strategy at Cinnabon to finding out what customers like is through social media, Focus Brands' Kat Cole tells CNBC.

  • By Manolo Serapio Jr SINGAPORE, Feb 27- Shares in China's steelmarkers outshone long-time international rivals in 2014 as Chinese mills overwhelmed buyers with cheap prices. Shares of Hebei Iron and Steel, the listed unit of top Chinese producer Hebei Steel Group, soared more than 90 percent last year. While those gains mirrored the broader rally in Chinese...

  • Feb 26- Shares of department store chain J.C. Penney Co Inc tumbled 12 percent in after-hours trade on Thursday after it posted a surprise quarterly loss and forecast small margin improvements this year. J.C. Penney said sales at stores open more than a year rose 4.4 percent in the holiday quarter, the high end of its guidance for 3.5 to 4.5 percent growth, driven by...

  • *Salesforce.com climbs after results, outlook. Among the top boosts for the Nasdaq and S&P 500 were shares of Avago Technologies, which jumped 14.7 percent to $129.25. The company reached a deal to acquire Emulex for $8 per share.

  • *Salesforce.com climbs after results, outlook. Avago Technologies jumped 13.2 percent to $129.47 as the best performer on both the S&P 500 and Nasdaq 100 index after the company reached a deal to acquire Emulex for $8 per share. Emulex shares surged 25.4 percent to $7.97.

  • *Salesforce.com climbs after results, outlook. Avago Technologies jumped 13 percent to $127.39 as the best performer on both the S&P 500 and Nasdaq 100 index after the company reached a deal to acquire Emulex for $8 per share. Emulex shares surged 25.8 percent to $8.

  • MUNICH, Feb 26- German insurer Allianz raised its dividend by less than expected after earnings in its core property and casualty insurance businesses lagged and asset management stalled following client defections at its U.S. unit Pimco. Shares in Europe's largest insurer fell more than 3 percent on Thursday and were the biggest decliners in Germany's blue...

  • Feb 25- Cloud software company Salesforce.com Inc raised its full-year revenue forecast, betting on higher demand for its web-based sales and marketing software and services. Salesforce forecast revenue of $6.48 billion to $6.52 billion for the year ending January 2016, up from $6.45 billion- $6.5 billion it forecast in November. The company's net loss...

  • *Decline in Apple weighs on S&P and Nasdaq. NEW YORK, Feb 25- Wall Street lagged a rise in global markets on Wednesday, with the S&P 500 and the Nasdaq closing slightly lower even as energy shares gained along with a surge in oil prices. On Wall Street, a sharp drop in shares of Apple Inc took a toll on the S&P 500 and Nasdaq, but the Dow marked another record closing high,...

  • US STOCKS-S&P, Nasdaq edge down with Apple; Dow flat Wednesday, 25 Feb 2015 | 3:12 PM ET

    NEW YORK, Feb 25- The S&P 500 and Nasdaq edged lower in afternoon trading on Wednesday, led by losses in Apple shares, but gains consumer discretionary shares limited the decline. Shares of TJX were up 3.5 percent at $69.51 after results, while Target rose 0.3 percent to $77.17 after a stronger-than-expected jump in same-store sales and profits for the fourth...

  • Suit accuses Purina of poisoning, killing dogs Wednesday, 25 Feb 2015 | 12:50 PM ET
    Nestle Purina PetCare Co. Beneful dog food sits on a shelf outside a Dollar General Corp. store in Silvis, Illinois.

    A lawsuit claims that thousands of dogs have become ill or died as a result of eating Purina Beneful dry kibble dog food.

  • TJX posts 11 pct rise in profit, to raise U.S. wages Wednesday, 25 Feb 2015 | 8:57 AM ET

    Feb 25- Discount apparel retailer TJX Cos Inc reported an 11.3 percent rise in quarterly profit and said it would raise wages in the United States to a minimum of $9 per hour from June. TJX also said it would buy back up to $1.8 billion- $1.9 billion of shares this fiscal year, $100 million- $200 million more than last year. TJX said net income rose to $648.2 million, or 93...

  • Feb 25- Engineering company Weir Group Plc said uncertainty in the oil and gas industry would significantly reduce its 2015 revenue on a constant currency basis despite aggressive cost-cutting, sending its shares tumbling on Wednesday. The number of rigs drilling for oil in North America last week was the lowest since July 2011, a survey by oil services firm...

  • Canadian auto parts maker Magna's profit rises 11 pct Wednesday, 25 Feb 2015 | 5:21 AM ET

    Feb 25- Canadian auto parts maker Magna International Inc reported a 11 percent rise in quarterly profit, helped by strong demand in North America. Magna said its dividend would rise to 44 cents per share from 38 cents after the stock split. The net income attributable to the company rose to $509 million, or $2.44 per share, in the fourth quarter ended Dec. 31 from $458...

  • *SunPower Q4 adj profit of $0.26/ shares vs est. of $0.24. *SunPower, First Solar shares up on JV news. Feb 24- Shares of solar companies got a boost on Tuesday, a day after SunPower Corp and First Solar Inc said they were in talks to jointly spin off some assets, a move expected to generate stable cash flows for the long-standing rivals.