ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.» Read More
NEW YORK, April 25- Prologis Inc:.
NEW YORK, April 25- PulteGroup Inc:.
NEW YORK, April 25- 3 M Co:.
NEW YORK, April 25- Intuit Inc:.
LONDON, April 25- Emerging stocks hit a near two-week high on Thursday, boosted by gains in shares in India, Russia and South Korea. Hungary's forint hit a three-week low following this week's rate cut. Russian, Indian, South Korean and Turkish shares all rose by more than 0.5 percent, though China.
Shares of South Africa's MTN Group rise about 2 percent after the telecom company says its subscribers increased by 3 percent to 195.4 million in Africa and the Middle East in the first quarter of the year.
Shares in Logitech International fall over 7 percent to their lowest level since early March after the world's biggest producer of computer mice reports a 12 percent drop in sales in the fourth quarter. The fall comes as the Logitech CEO says he will keep videoconferencing unit LifeSize following a strategic review.
Shares in Nobel Biocare rise after first-quarter earnings and sales come in ahead of expectations. The stock gains 6.8 percent to 10.15 Swiss francs having earlier traded at 10.35 francs, its highest level since June 2012, outperforming a 0.7 percent weaker STOXX Europe 600 Healthcare index.
Shares in Gemalto fall 2.7 percent, the biggest losers on France's blue-chip CAC40 index, as the French smart card maker posts first-quarter sales slightly below analysts forecasts. Gemalto on Thursday said it was on track to reach its goal of double-digit growth over the year after sales rose 9 percent at constant exchange rates to 518 million euros.
0725 GMT 25 Apr13- BAT shares up, confident on earnings outlook. Johannesburg- listed shares of British American Tobacco rise nearly 2 percent after the world's second-biggest cigarette maker says it is confident it would grow earnings this year. The shares are up 1.78 percent at 506.66 rand.
MILAN, April 25- Shares in Italian oil and gas group Eni were lower in early trade after first quarter results came in below expectations. Eni said late on Wednesday its net profit in the first quarter fell 39 percent to 1.43 billion euros due to lower oil and gas production and a weak gas market.
LONDON, April 25- Shares in Vodafone rose 1.5 percent in early trade on Thursday after two sources said its joint venture partner in the United States, Verizon Communications, was working on a $100 billion bid to take full control of the asset.
OSLO, April 25- Shares in seismic surveyor TGS-Nopec were down 4.55 percent at 0704 GMT after the firm reported its first-quarter results, lagging an Oslo benchmark index up just 0.11 percent.
FRANKFURT, April 25- Shares in Aixtron SE fall 3.1 percent after full Q1 results.
TAIPEI, April 25- Taiwan stocks ended flat, with healthcare and pharmaceutical stocks. up 0.9 percent after news that a 53- year-old Taiwan businessman contracted the H7N9 strain of bird flu while travelling in China, the first reported case outside of mainland China. The Taiwan dollar rose T $0.131 to stand at T $29.701 to the U.S. dollar.
The broader Jakarta Composite Index fell 0.63 percent in the morning, led by a 5.13 percent fall in the shares of Astra International after Indonesia's largest listed company posted lower-than-expected first quarter results. And there's a shift in preferred brand or segmentation, "said Fadlul Imansyah, vice president at CIMB Asset Management in Jakarta.
*The S&P 500 and Nasdaq ended flat on Wednesday with Boeing's five-year high among the day's highlights, but weakness in Procter& Gamble and AT&T kept the Dow in negative territory. FACTORS TO WATCH* India parliament budget session. India's Jet Airways in $379 mln stake sale to Etihad.
TOKYO, April 25- The Nikkei average rose 0.2 percent and the broader TOPIX gained 0.5 percent on Thursday morning.
TAIPEI, April 25- Taiwan stocks fell 0.1 percent on news a 53- year-old Taiwan businessman contracted the H7N9 strain of bird flu while travelling in China, the first reported case outside of mainland China. The Taiwan dollar rose T $0.038 to stand at T $29.794 to the U.S. dollar. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........
TOKYO, April 25- The Nikkei average rose 0.2 percent and the broader TOPIX gained 0.3 percent on Thursday morning. Nintendo Co Ltd fell 4.8 percent to 11,380 yen after the gaming company on Wednesday reported an operating loss of 36.4 billion yen in the fiscal year ended March 31, compared with a consensus estimate of a 12 billion yen loss.