The companies confirmed late on Sunday that they were discussing a takeover of Tim Hortons by Burger King.» Read More
*Shares open at $17.50, above IPO price of $15. *Rupert Murdoch's News Corp to hold 13.7 pct in company. Rubicon Project's shares opened at $17.50 and touched a high of $19.45 on the New York Stock Exchange on Wednesday.
April 2- Shares of Rubicon Project Inc, a provider of online advertising services, rose as much as 18 percent in their market debut, valuing the company at about $616 million. Rubicon Project's shares opened at $17.50 and touched a high of $17.75 on the New York Stock Exchange on Wednesday.
SHANGHAI, April 2- Hong Kong shares finished up 0.3 percent on Wednesday, with property stocks posting their biggest one-day percentage gain in over two years after state media reported that some Chinese cities may relax house purchasing restrictions. But the China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.8 percent.
*Hong Kong property shares also lifted. SHANGHAI, April 2- Mainland and Hong Kong property shares surged on Wednesday pushing local indexes into positive territory, after state media reported that several cities may relax house ownership restrictions.
SHANGHAI, April 2- Mainland property stocks soared on Wednesday after state media reported that several cities may relax house ownership restrictions. The CSI300 property sub index was up 4.1 percent in morning trading, led by Hua Yuan Property Co Ltd and Beijing Capital Development Co Ltd which both reached their daily 10 percent trading limits.
SHANGHAI, April 1- China shares closed higher on Tuesday as weak manufacturing data fueled investors' hopes of further stimulus measures to shore up economic growth. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed up 0.8 percent. Kweichow Moutai Co Ltd rose 5.0 percent and Jiangsu Yanghe Brewery Joint-Stock Co Ltd climbed 5.2 percent.
The "Shareholder Spring" continues to weigh on U.K. companies, with CEO bonuses falling for a third consecutive year in 2013, according to a PwC report published on Tuesday, as investors keep a watchful eye on corporate excess.
BEIJING, March 31- Hong Kong shares edged up on Monday as a selloff in energy and manufacturing heavyweights on disappointing earnings was offset by strength in gaming stocks before the release of monthly Macau gambling revenue figures.
TORONTO, March 28- BlackBerry Ltd reported a smaller-than-expected loss on Friday as new chief executive John Chen slashed costs, but a 64 percent drop in revenue underscored the challenge Chen faces in turning around the struggling smartphone maker. "John Chen did what John Chen is known for.
NEW YORK, March 28- WisdomTree Investments Inc has paid a price for being so dependent on its flagship Japan fund- as that market reversed fortune this year, shares of the asset manager fell nearly 30 percent and Citi analysts downgraded its stock.
March 28- Shares of CBS Outdoor Americas Inc rose 9 percent in their trading debut, valuing the company carved out of broadcaster CBS Corp at $3.65 billion as it steps up its efforts to grab more advertising dollars for its billboards. The offering, which raised $560 million, reduced CBS Corp's stake in CBS Outdoor to 83 percent.
March 28- Shares of CBS Outdoor Americas Inc rose 9 percent in their market debut, valuing the outdoor advertising company carved out of broadcaster CBS Corp at about $3.65 billion. CBS Corp's stake in CBS Outdoor fell to 83 percent after the offering.
TORONTO, March 28- BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday, sending its shares up nearly 7 percent, even as its smartphone sales continued to slide.
LONDON, March 28- European equities edged higher on Friday, led by basic resources shares on expectations any move by China to step up infrastructure spending would boost demand for industrial metals.
SHANGHAI, March 28- Hong Kong shares rose on Friday on the back of strong bank earnings, helping the benchmark index have its best weekly performance since mid-February. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong closed up 1.3 percent, contributing to its best weekly performance since the week ending Nov. 22.
March 27- Video game retailer GameStop Corp, forecast full-year earnings below market expectations as it is yet to see an uptick in sagging video game software sales, despite robust hardware sales driven by the launches of Microsoft's Xbox One and Sony's PlayStation 4 consoles.
March 27- Shares of cloud-based payroll processor TriNet Group Inc rose as much as 21 percent in their market debut, valuing the company at about $1.32 billion. TriNet's shares opened at $18.50 and touched a high of $19.39, making the stock the percentage gainer on the New York Stock Exchange on Thursday.
March 27- Shares of cloud-based payroll processor TriNet Group Inc rose as much as 16 percent in their market debut, valuing the company at about $1.26 billion. TriNet's shares opened at $18.50 on the New York Stock Exchange on Thursday. JP Morgan, Morgan Stanley and Deutsche Bank were lead underwriters to the offering.
SHANGHAI, March 27- China shares shed gains in late trading on a see-saw Thursday, ending down after though banking stocks rose for much of the afternoon on rumours the central bank may cut its reserve requirements. Minsheng Bank rose 3.6 percent, and Shanghai Pudong Development Bank Co Ltd 1.2 percent.
Shares in Tencent Holdings Ltd, China's biggest listed internet firm with a profitable mobile gaming business, fell more than 7 percent to their lowest in six weeks, while the Hang Seng Composite Index for Information Technology fell nearly 5 percent, its biggest drop in nearly two months.