TOKYO, July 31- Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size and timing of its investment.
*COGO H1 net profit down 31 pct, cuts FY sales target 22 pct. HONG KONG, July 31- A number of small developers- the kind that by sheer weight of numbers dominate China's vast property sector- are set to report big drops in earnings or even losses as the industry grapples with tight credit, sluggish sales and excess supply.
*Sony warns will just break even on smartphones this FY. TOKYO, July 31- Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, citing weak demand, but said restructuring will help it turn a profit in its loss-making consumer electronics division for the first time in four years.
HONG KONG, July 31- A number of small developers- the kind that by sheer weight of numbers dominate China's vast property sector- are set to report big drops in earnings or even losses as the industry grapples with tight credit, sluggish sales and excess supply.
Zeltiq Aesthetics Inc. rose 28.6 percent to $21.34. Amedisys Inc. rose 25.5 percent to $20.16. Aegerion Pharmaceuticals Inc. rose 16.4 percent to $35.65.
ALBANY, N.Y.— Finger Lakes winemakers and other business owners asked Gov. Opponents of Houston- based Crestwood Midstream's project said at a news conference in Albany that it would endanger drinking water, the local economy and the region's wine and tourism industry.
Accountancy firm Deloitte LLP was appointed receiver of the skyscraper this year after one of the building's owners, Germany's Immobilien AG, went into bankruptcy protection. IVG and Evans Randall bought the tower in early 2007 for 600 million pounds from insurer Swiss Re, a record at the time for a building in London's financial district, known as the City.
NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. Family Dollar Stores Inc. rose 24.9 percent to $75.74. Trulia Inc. rose 15.4 percent to $65.04.
WASHINGTON— Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index slipped 1.1 percent to 102.7 last month. The index remains 7.3 percent below its level a year ago.
LONDON— Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. BancorpSouth Inc.: Approximately 3,262,000 shares changed hands, a 600.1 percent increase over its 65- day average volume. The shares fell $1.90 or 8.1 percent to $21.51.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Pretium Resources Inc. fell 7.6 percent to $7.29. BancorpSouth Inc. fell 7.0 percent to $21.77.
WILLISTON, N.D.— The site where an underground pipeline leaked 1 million gallons of saltwater into the North Dakota badlands earlier this month could take years to clean up, an official of Native American tribes involved in the cleanup said Monday.
BRUSSELS— Visions of chlorine-drenched chickens and the prospect of genetically modified "Frankenfood" invading dinner tables across the European Union are proving serious impediments to the signing of a sweeping free trade agreement between the United States and the 28- country bloc.
NEW YORK— General Electric is targeting late July for the initial public offering of its credit card business, named Synchrony Financial. General Electric Co. is trying to become a more focused industrial conglomerate by shedding other divisions such as NBC Universal, real estate and some banking operations.
NEW YORK— General Electric's net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions. GE said it plans to sell 15 percent of the company, to be called Synchrony Financial, and raise $3.1 billion in the process.
July 17- Apple Inc said Susan Wagner, founding partner of BlackRock Inc, had been appointed to its board. Campbell is chairman of Intuit Inc, the developer of tax-preparation software TurboTax. Besides BlackRock, Wagner also serves on the boards of DSP BlackRock, as well as Swiss Re, Wellesley College and Hackley School.
*IPO process kicked off with initial Tokyo application. TOKYO/ SEOUL, July 16- Tokyo may struggle to get a piece of a listing that could value Japan's social messaging service Line Corp at up to $20 billion, with bankers saying New York is a more likely venue as a base for global expansion to build on explosive growth at home.
*Could push aluminium price to $2,500 per T- Japan industry body. TOKYO, July 11- Prices for aluminium could climb around a third to as high as $2,500 per tonne if more U.S. automakers start producing vehicles made from the metal, said the new head of Japan's aluminium industry body.
TOKYO, July 14- Japan's Nikkei average rose modestly on Monday, ending its longest losing streak since the current "Abenomics" rally started in November 2012, as retail investors picked up shares of small- and medium-sized companies.