Activist investor Nelson Peltz's Trian Fund Management has called for a break up of DuPont, The Wall Street Journal reported.» Read More
*Credit Suisse up after tax settlement. LONDON, May 20- European shares inched lower on Tuesday, held back by Vodafone after the world's second-largest mobile network operator reported 6.6 billion pounds in impairment costs.
May 20- Staples Inc forecast a decline in sales in the current quarter as it struggles to win back shoppers who have shifted office supply purchases to e-retailers, mass merchants and drugstores.
Credit Suisse up after tax settlement. LONDON, May 20- The pan-European FTSEurofirst 300 index slipped on Tuesday as Vodafone, the world's second-largest mobile network operator, sank after reporting huge impairment costs.
China Mobile hits four-month high after Goldman upgrade. HONG KONG/ SHANGHAI, May 20- Hong Kong shares rose on Tuesday, helped by China Mobile after a broker upgrade pushed shares of the Chinese telecom giant to their highest since the start of 2014..
May 19- Teen apparel retailer Urban Outfitters Inc reported a quarterly profit below market expectations as costs jumped and tough competition forced the retailer to spend more on marketing. Urban Outfitters shares fell 3.5 percent after the bell on Monday.
May 19- Teen apparel retailer Urban Outfitters Inc reported a 20 percent fall in its quarterly profit as costs jumped. Urban Outfitters shares fell 3 percent in extended trading on Monday. Net income fell to $37.5 million, or 26 cents per share, for the first quarter ended April 30 from $47.1 million, or 32 cents per share, a year earlier.
Global companies paid out $228.4 billion in dividends in the first quarter this year, but Russian company dividends more than halved.
HONG KONG, May 19- Hong Kong H-shares finished lower on Monday, as Chinese bank stocks slide in line with those on the mainland in the wake of stiffer regulation of interbank lending and weak economic data. Weakness in consumer staples was a drag on Hong Kong's main index, with Belle International Holdings Ltd down 3.2 percent.
*Company valued at about $764 mln at day high of $10.76. May 16- U.S. online car shopping service TrueCar Inc, whose shares closed up 11 pct in their debut on the Nasdaq on Friday, has plans for expanding so consumers can compare prices on big-ticket items other than automobiles.
*Company valued at about $764 mln at the high of $10.76. May 16- Shares of TrueCar Inc, owner of car comparison website TrueCar.com, rose about 20 percent in their market debut, valuing the company at about $764 million.
May 16- Shares of TrueCar Inc, owner of car comparison website TrueCar.com, rose about 15 percent in their market debut, valuing the company at about $735 million. The company, which sold all the 7.78 million shares, raised about $70 million after its initial public offering was priced at $9 per share, well below the expected range of $12 to $14.
May 16- Shares of Jumei International Holding Ltd rose about 29 percent in their market debut, valuing the Chinese online cosmetics retailer at about $4.02 billion. The company, backed by venture-capital firm Sequoia Capital, had initially said 9.5 million ADSs would be sold and priced at $19.50- $21.50 per ADS in the IPO.
May 16- Shares of Jumei International Holding Ltd rose about 26 percent in their market debut, valuing the Chinese online cosmetics retailer at about $4.02 billion. The company, backed by venture-capital firm Sequoia Capital, had initially said 9.5 million ADSs would be sold and priced at $19.50- $21.50 per share in the IPO.
MEXICO CITY, May 16- Shares in Mexican cement maker Cemex rose more than 1 percent on Friday, the day after the company appointed a new chief executive officer and chairman following the unexpected death of former CEO Lorenzo Zambrano.
SHARES IN MEXICO CEMENT PRODUCER CEMEX RISE MORE THAN 1 PCT DAY AFTER COMPANY APPOINTS NEW CEO, CHAIRMAN.
May 15- J.C. Penney Co Inc's return to "old school" retailing paid off for the second consecutive quarter, sending the company's shares up more than 25 percent in after-hours trading.
May 15- J.C. Penney Co Inc reported a rise in comparable store sales for the second consecutive quarter, helped by demand for household goods and men's and women's clothing, sending the company's shares up more than 25 percent in after-hours trading.
May 15- Department store operator J.C. Penney Co Inc reported a 6.3 percent rise in first-quarter sales, helped by strong sales of household goods and men's and women's apparel. J.C. Penney shares rose 15 percent to $9.67 in after-hours trading on Thursday.
NEW YORK, May 15- U.S. stocks opened lower on Thursday, pressured by weaker-than-expected earnings from Wal-Mart Stores Inc, the biggest U.S. retailer. Shares of Wal-Mart, a Dow component, fell 2.7 percent to $76.73. The Nasdaq Composite Index was down 2.89 points, or 0.07 percent, at 4,097.74.
HONG KONG, May 15- China shares suffered their biggest loss this month on Thursday as investors sold property and mining shares that recently produced solid gains. Property giants China Vanke Co Ltd shed 0.7 percent, while Poly Real Estate Group Co Ltd was down 2 percent.