Sports apparel maker Under Armour reported slowing quarterly growth in its apparel business, sending its shares down about 6 percent in early trading.» Read More
*Oil prices rise as violence in Iraq persists. LONDON, June 18- European stock markets were steady on Wednesday, hovering near multi-year highs reached last week, supported by shares in major energy companies as violence in Iraq pushed up oil prices.
The company raised $350 million after the offering of $17.5 million common units, representing limited partner interests, were priced at $20 each. The company's shares opened at $20 on the New York Stock Exchange on Wednesday, but fell to $19.52. Barclays, Citigroup and Morgan Stanley were the lead underwriters for the offering.
*China e-commerce firm's shares surge after listing. *Tencent link heightens rivalry with Alibaba. BEIJING, June 18- With an iron grip, JD.com Inc founder Richard Liu has dragged China's number two online retailer from a Beijing backwater to a rich New York listing.
*SolarCity shares rise as much as 18 pct. June 17- SolarCity Corp, the largest residential solar panel installer in the United States, said it would buy solar panel maker Silevo to drive down costs.
*Shire expecting to receive approaches, taps Citi- sources. LONDON, June 17- Shares in Shire hit a record high on Tuesday on expectations of a takeover as dealmaking sweeps the drugs sector, after Reuters reported the group had hired investment bank Citi as a defence adviser. Shire and Citi declined to comment.
*Oil prices elevated on deepening Iraq conflict. TOKYO, June 17- Most Asian stock markets fell on Tuesday as the deepening conflict in Iraq and a gas dispute between Ukraine and Russia sapped investors' appetite for riskier assets. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.3 percent.
TOKYO, June 16- Asian shares got off on the back foot on Monday, as crude extended gains and tested nine-month highs on fears the insurgency in Iraq could spread- disrupting oil exports.
June 13- Shares of Abengoa Yield Plc, a unit of Spanish renewable and engineering firm Abengoa SA, rose about 28 percent in their U.S. market debut, valuing the company at about $3 billion. Abengoa Yield's IPO raised about $721 million after its upsized offering of 24.9 million shares was priced at $29 per share, well above the expected price range of $25- $27 per share.
LONDON, June 13- Shares in Britain's housebuilders and property developers fell on Friday after the government and the Bank of England signalled they were ready to intervene to cool the country's surging house market.
LONDON, June 13- Shares in Britain's house builders, including Barratt Developments and Persimmon slipped on Friday after finance minister George Osborne said he would give the Bank of England stronger powers to curb mortgage lending.
HONG KONG, June 13- Shares in China and Hong Kong rose on Friday, led by strong gains in the banking sector after data showed China's new bank lending and money supply rose faster than expected in May, adding to hopes that the economy was stabilising.
June 12- Finisar Corp, a maker of fiber optic components used in network communication equipment, forecast current-quarter profit well below expectations, citing higher capital expenditures in China. Finisar shares fell about 22 percent in extended trading on Thursday.
June 12- Private equity firm Sycamore Partners Said it was interested in acquiring apparel retailer Express Inc and asked the company to allow it to perform due diligence. Express's shares rose 22 percent to $16.55 in extended trading. The stock closed down nearly 3 percent at $13.55 on Thursday, valuing the company at $1.14 billion.
TORONTO June 12- Lululemon Athletica Inc cut its financial forecasts and warned that second-quarter sales were off to a weak start, sending shares of the struggling yogawear retailer down 15 percent even as it announced a new stock buyback program.
American Airlines Group Inc, the world's largest carrier, tumbled 5.4 percent, while United Continental Holdings Inc 5.7 percent and Delta Air Lines Inc dropped 5 percent. Southwest Airlines Co and JetBlue Airways Corp were both down more than 4 percent.
June 12- Shares of Trinseo SA, a plastic and polymers maker backed by Bain Capital, rose as much as 9 percent in their market debut, valuing the company at up to $981 million. Trinseo raised about $190 million from the offering of 10 million shares, which were priced at $19 per share, at the high end of expected range of $17- $19 per share.
*Property shares decline in mainland, Hong Kong. HONG KONG, June 12- Hong Kong slipped on Thursday, joining other Asian markets after Wall Street stepped back from record levels.
HONG KONG, June 12- Shares of Ningbo Marine surged by 10 percent, the maximum allowed, to a 7- week high on Thursday after the State Council announced plans to develop an economic zone along the Yangtze River.
*Hong Kong property firms lead losses after Tuesday rally. HONG KONG, June 11- Hong Kong shares slipped on Wednesday, with local property developers leading losses as investors took profits after the index closed at its highest since Jan. 2 in the previous session.
June 10- Touchscreen chipmaker Synaptics Inc said it would buy the sole supplier of display chips for the iPhone for $475 million, potentially winning back Apple Inc as a customer. Synaptics's shares jumped 19 percent in extended trading after the company also raised its revenue forecast for the fourth quarter ending June 30.