Shipping via UPS will become more expensive next year, the company said.» Read More
Pfizer has been rebuffed more often than a particularly unlucky suitor in a romance novel by coy AstraZeneca.
*Telefonica falls after Q1 profits miss forecasts. LONDON, May 9- European shares slipped back on Friday as disappointing business updates from leading companies such as telecoms operator Telefonica sobered the mood after a rally on the previous day.
LONDON, May 9- Britain's Co-operative Bank said it would raise 400 million pounds of extra capital through the issue of new shares which will see the Co-operative Group's shareholding decline.
TOKYO, May 9- Asian shares got off to a lacklustre start on Friday after a flat performance on Wall Street, with a tense situation in Ukraine adding to the cautious mood ahead of China inflation data later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent in early trading, while Japan's Nikkei stock average shed 0.3 percent.
May 8- GrubHub Inc reported higher-than-expected revenue in its first quarterly results as a public company as more people used the online food-delivery service to order takeout meals. GrubHub's shares jumped as much as 8 percent in extended trading on Thursday after the company also forecast current-quarter sales above estimates.
May 8- CBS Corp, owner of the most watched U.S. television network, reported lower-than-expected revenue as advertising fell 12 percent, sending its shares down 3 percent in extended trading.
Cheetah Mobile's shares spiked in their market debut, valuing the Chinese security software maker at about $2.2 billion.
May 8- Data analytics company Teradata Corp warned that second-quarter revenue would fall and said it expected its full-year revenue and adjusted profit would come in at the lower end of its forecast.
May 8- Cablevision Systems Corp reported better-than-expected quarterly revenue as more advertising and higher cable subscription rates offset the impact of a fall in the number of video customers, sending its shares up as much as 7 percent.
May 8- Cheetah Mobile Inc's shares rose about 13 percent in their market debut, valuing the Chinese security software maker at about $2.2 billion, after its initial public offering was priced near the top end of the expected range. Cheetah's shares opened at $15.25 and touched a high of $15.89 in early trading on the New York Stock Exchange.
May 8- Travel website owner Priceline Group Inc forecast second-quarter results below market estimates, saying a decline in its "name-your-own-price" business is hurting revenue growth. Shares of the company, which owns travel websites Priceline.com, Booking.com and Kayak.com, fell about 4 percent before the bell.
May 8- China's JA Solar Holdings Co Ltd posted a first-quarter profit, compared with a year-earlier loss, driven by higher demand for its panels in Japan and Europe. JA Solar's shares rose 6 percent in premarket trading. JA Solar had forecast shipments of 610 MW for the first quarter.
BEIJING, May 8- Hong Kong shares rose on Wednesday, though gains in heavyweight telecom stocks were offset by selling of casino counters after China initiated a probe into illegal payments in Macau. China Unicom Hong Kong Ltd and China Mobile Ltd were up 3.1 percent and 3.4 percent respectively.
BEIJING, May 8- Shanghai shares edged up on Thursday as investors hoped that authorities will unveil stimulus measures to keep the pace of economic growth from slowing. The CSI300 of the leading Shanghai and Shenzhen A-share listings slipped 0.1 percent.
*Putin calls for pro- Moscow separatists to postpone secession vote. Risk assets were also underpinned by signs of easing tensions in Ukraine after Russian President Vladimir Putin called on pro- Moscow separatists to postpone a secession vote.
*Putin calls for pro- Moscow separatists to postpone a secession vote. Federal Reserve chief and signs of easing tensions in Ukraine after Russian President Vladimir Putin called on pro- Moscow separatists to postpone a succession vote.
DETROIT, May 7- Tesla Motors Inc, led by billionaire Elon Musk, on Wednesday offered an outlook for the second quarter that disappointed some investors, sending shares down 7 percent in after-hours trading. The Palo Alto, California- based company reported a first-quarter net loss of almost $50 million, compared with last year's first-ever quarterly profit.
Ford says it will buy back up to about 116 million shares of company stock worth about $1.8 billion.
May 7- SolarCity Corp, the largest residential solar panel installer in the United States, raised its full-year forecast for installations after reporting a smaller first-quarter loss. SolarCity's shares rose as much as 9 percent after the bell.
DirecTV is working with advisers including Goldman Sachs to weigh a possible merger with AT&T, according to Dow Jones, which cited sources.