ANGRA DOS REIS, BRAZIL, March 13- Permission for Chevron Corp to resume drilling and water injection at its Frade offshore field in Brazil is being held up by the company's failure to deliver a full report on the causes of a 2012 oil seepage, the head of Brazil's oil regulator said on Thursday.» Read More
WASHINGTON, March 13- Entertainment company Lions Gate Entertainment Corp admitted on Thursday to misleading investors in 2010 when it was facing a hostile takeover and agreed to pay $7.5 million to settle civil charges, U.S. regulators announced.
March 13- Venaxis Inc said its appendicitis test correctly predicted results in 97 percent of patients in a clinical trial, sending its shares up 25 percent in premarket trade. The company said it expected to finalize its marketing application and submit it to the U.S. Food and Drug Administration in the next few weeks.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. Synchrony Financial filed a $100 million placeholder with the U.S. Securities and Exchange Commission on Thursday and GE said it expects to complete the IPO later this year. Goldman Sachs& Co, JP Morgan, Citigroup and Morgan Stanley are lead underwriters for the IPO, according to the filing.
PARIS, March 13- France's Thales said it agreed on Thursday to buy U.S. carrier JetBlue Airways' LiveTV unit for $400 million to strengthen its position in the high-growth in-flight entertainment business. Europe's largest defence electronics company said it expected to complete the purchase in mid-2014 after gaining regulatory approvals.
March 13- General Electric Co's North American retail finance business filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock. The business will operate under a new name, Synchrony Financial, GE said in a statement.
*Shares fall more than 6 percent after FDA sanction. The FDA has imposed a rash of regulatory sanctions on Indian generic makers in the last year, triggering concerns about the quality of the medicines supplied by the $14 billion industry to countries including the United States, the biggest market. "The FDA is becoming more stringent.
While product recalls are not uncommon, the FDA announcement comes amid a string of quality problems for Indian drug makers. And just last week, the FDA disclosed that products made by Sun Pharma and Ranbaxy Laboratories Ltd were being recalled.
WASHINGTON, March 12- A federal judge on Wednesday reversed a jury finding that Life Partners Holdings and its executives were liable on one count of fraud, dealing a blow to U.S. securities regulators.
WASHINGTON, March 12- A U.S. "Whatever business model you want to use is perfectly fine with us, as long as it is not a business model that is entirely based on conflicts of interest," said Phyllis Borzi, the assistant secretary of the Employee Benefits Security Administration, in remarks at an event held by the Financial Services Roundtable.
March 12- Leju Holdings Ltd, a China- based operator of real estate websites, filed with U.S. regulators on Wednesday to raise up to $200 million in an initial public offering of its common shares. Leju, a unit of E-House China Holdings Ltd, offers real estate e-commerce and online advertising and listing services in China.
March 12- Herbalife Ltd said on Wednesday that the U.S. Federal Trade Commission had opened an inquiry into its operations, news that briefly sent the nutrition and weight loss company's share price down more than 16 percent.
March 12- Herbalife Ltd on Wednesday said the U.S. Federal Trade Commission had opened an inquiry into its operations, news that briefly sent the nutrition and weight loss company's share price down by more than 15 percent.
March 12- U.S.-based nutrition and weight loss company Herbalife Ltd on Wednesday said the U.S. Federal Trade Commission opened an inquiry into its operations. Herbalife, which has been accused by hedge fund manager William Ackman of running a pyramid scheme, said it would "cooperate fully" with the FTC.
NEW YORK, March 12- A U.S. judge on Wednesday ordered former Goldman Sachs Group Inc trader Fabrice Tourre to pay more than $825,000 after a jury found him liable for defrauding investors in a subprime mortgage product that failed during the financial crisis.
CNBC's Rick Santelli weighs in on Tesla and the unanimous vote of the New Jersey Motor Vehicle Commission to ban auto manufacturers from selling cars directly to consumers.
MADISON, Wis.-- The regulatory path for a company looking to open a giant iron mine near Mellen is firming up. Wisconsin Department of Natural Resources officials released a letter Tuesday they sent to Gogebic Taconite outlining the permits and approvals the project may require and what information the company will have to submit to obtain them.
The Food and Drug Administration's clinical hold will affect a couple small, mid-stage trials involving the drug imetelstat, the company said. The FDA indicated the cause for the hold was persistent, low-grade liver function test abnormalities and the potential risk of chronic liver injury after long-term exposure to the drug, the company said.
March 12- Hyperdynamics Corp said UK's Tullow Oil Plc, its partner in an offshore exploration block in Guinea, claimed that regulatory investigations into the U.S. company constituted a force majeure.
BEIJING/ SHANGHAI, March 12- The China Securities Regulatory Commission is ready to launch a long-awaited pilot programme allowing listed companies to issue preferred shares, three sources with direct knowledge of the policy told Reuters, and could officially announce the new policy as soon as this weekend.
Boca Raton, Fla., March 11- The U.S. derivatives regulator is studying whether it should regulate electronic currencies such as bitcoin, its chief said on Tuesday, as regulators across the globe start taking the emerging technology more seriously.