Boards have long shunned speaking with investors. Now, they are being pressed to open up. The NYT reports.» Read More
Global miner Rio Tinto reported a 45 percent jump in second-half profit on Thursday, beating market forecasts.
Comcast Chairman and CEO Brian Roberts said he's confident the deal to acquire Time Warner Cable will be approved.
The CEO of French advertising agency Publicis has described the expected tie-up between Comcast and Time Warner Cable, as the "sensible" thing to do.
HONG KONG, Feb 13- Hong Kong shares slipped from three-week highs on Thursday, with changes in index components driving major price moves while investors took some profits after robust gains in the past week.
TOKYO, Feb 13- Investors' profit-taking on Thursday brought Asian markets off three-week highs notched a day earlier on the back of reassuring comments from the Federal Reserve's new chairwoman, Janet Yellen, over the prospects for U.S. growth.
*Prada sinks after 2013 sales growth misses estimates. HONG KONG, Feb 13- Hong Kong shares slipped from three-week highs on Thursday, with index reviews driving major price moves and as investors took stock of recent robust gains ahead of more China data.
*Forecasts first-quarter revenue $62 mln- $63 mln vs est $60.6 mln. Feb 12- Real estate website operator Zillow Inc warned that near-term profit would be hit due to higher advertising costs, sending its shares down 3 percent in after-hours trading.
Feb 12- Whole Foods Market Inc lowered its 2014 sales and profit forecast on Wednesday for the second time after first quarter revenue missed Wall Street expectations because of growing competition in the fresh and organic foods market.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their market debut, valuing the U.S. bank holding company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected range.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their U.S. market debut, valuing the company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected pricing range.
Feb 11- Network security company FireEye Inc forecast current-quarter revenue below analysts' average expectation and warned that development costs would rise sharply, sending its shares down nearly 8 percent in after-hours trading.
Feb 11- Online travel planning company TripAdvisor Inc said it had dismissed Ernst& Young as its auditor and appointed KPMG, effective immediately, but gave no reason for the change. Shares of TripAdvisor, which also reported stronger-than-expected fourth-quarter revenue, were down about 1 percent in extended trading on Tuesday.
Feb 11- Network security company FireEye Inc reported a larger adjusted loss, sending its shares down nearly 8 percent in after-hours trading. The company's adjusted net loss widened to $40.5 million, or 35 cents per share, for the fourth quarter ended Dec. 31, from $8.4 million, or 64 cents, a year earlier.
Feb 11- Dean Foods Co, the largest U.S. dairy processor, warned it could post a loss in the first quarter due to a surprise rise in the price of raw milk, sending its shares down as much as 10 percent in early trading. Dean Foods said on Tuesday it did not expect to "fully lap the impact" until the second half of this year.
Feb 11- Omnicom Group Inc, the largest U.S. advertising company, reported a better-than-expected 2.9 percent increase in revenue, helped mainly by growth in its international markets. Omnicom's shares rose 4 percent in premarket trading on Tuesday.
Feb 11- Regeneron Pharmaceuticals Inc forecast U.S. sales of eye drug Eylea to reach $1.7- $1.8 billion in 2014 as it expects the drug to win approval for newer uses, sending its shares up 3 percent before the opening bell. It is marketed by Bayer AG in Europe.
Feb 11- Omnicom Group Inc, the largest U.S. advertising company, reported a 2.9 percent rise in quarterly revenue, helped mainly by growth in its international markets. Omnicom's net income available to common shares was $300.5 million, or $1.13 per share, for the fourth quarter ended Dec. 31 compared with $307.1 million, or $1.13 per share, a year earlier.
*Gold hits 3- month high, dollar eases ahead of Yellen testimony. LONDON, Feb 11- Gold hit a three-month high and global shares edged higher on Tuesday as investors bet that the new head of the U.S.
Feb 10- Web hosting company Rackspace Hosting Inc reported a 30 percent drop in quarterly profit as expenses rose and said CEO Lanham Napier retired, sending its shares down 13 percent in extended trading. Net income fell to $20.8 million, or 14 cents per share, in the fourth quarter, from $29.9 million, or 21 cents per share, a year earlier.
Feb 10- Barnes& Noble Inc shares rose by as much as 9.6 percent on Monday after news that the bookseller cut jobs from its team of hardware engineers working on its money-losing Nook digital books and e-reader business.