Honda recorded a 136.5 billion yen profit for the three months through December 2014, in line with forecasts by analysts. Honda says it was hurt by recall expenses, mainly in North America. Honda has been the hardest hit by the quality woes over Takata Corp. air-bags that explode.» Read More
NEW YORK, Sept 26- Jeffrey Gundlach, who runs bond firm DoubleLine Capital, an investment firm that has been a major competitor of Pimco, told Reuters on Friday that he and Bill Gross met last week to discuss a possible role for Gross at DoubleLine.
Sept 26- Monsanto Co's experimental genetically engineered wheat, never approved for sale, has been found growing in a second U.S. state, and regulators said on Friday they could not explain how the plants escaped field trials that ended almost a decade ago.
NEW YORK/ LONDON, Sept 26- Gold fell on Friday as a dollar-driven rally encouraged by U.S. economic growth dimmed bullion's investment appeal, sending the metal's prices toward a key support level at $1,200 an ounce. Bullion posted its fourth consecutive weekly loss, its longest losing streak since April 2013, after the U.S.
DUBAI/ LONDON, Sept 26- Iran on Friday urged OPEC members to make joint efforts to keep oil prices from falling further, highlighting a split with other members such as Saudi Arabia who face lower budget pressures despite a slide in prices towards $95 a barrel.
Agios Pharmaceuticals surged 20 percent to $64.02 on its heaviest one-day volume since its initial public offering last year. Among other big gainers, Repros Therapeutics climbed 18 percent to $10.59 after reporting the trial results for its secondary hypogonadism treatment. Esperion Therapeutics was up 16 percent at $20.95.
Sept 26- Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options will debut on CBOE Holdings Inc's exchanges on Monday with strike prices ranging from $75 to $100 in $5 increments, a CBOE spokeswoman said on Friday. Susquehanna Securities will be the only designated primary market maker for Alibaba's options at the CBOE, the CBOE spokeswoman said.
OTTAWA, Sept 26- The European Union and Canada on Friday dismissed threats by a top German politician to block a free trade deal the two sides wrapped up in August after five years of often difficult negotiations.
Sept 26- Michigan officials on Friday signed off on four bond issues totaling $1.1 billion that would fund Detroit's exit from the biggest-ever municipal bankruptcy.
Sept 26- Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options will debut on CBOE Holdings Inc's exchanges on Monday with strike prices ranging from $75 to $100 in $5 increments, a CBOE spokeswoman said on Friday.
SAN FRANCISCO, Sept 26- Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL Inc..
Top U.S. officials from the White House, Pentagon and State Department met with representatives from 44 countries and multilateral agencies, including the United Nations and World Bank, to call for implementation of 7- year-old global standards for dealing with deadly epidemics and other health dangers, including biological attacks.
NEW YORK, Sept 26- U.S. stocks were higher in afternoon trading on Friday, with major indexes staging a rebound from their biggest drop since July on the back of data showing the economy expanded in the second quarter.
TORONTO, Sept 26- Bombardier Inc said on Friday that aircraft leasing company Macquarie AirFinance had signed a firm agreement to buy 40 of the Canadian manufacturer's new CSeries jets, with an option for 10 more. "It's a decent-sized order," said Cormark Securities analyst David Newman. Bombardier's shares rose 4 percent to C $3.64 on the Toronto Stock Exchange.
Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.
NEW YORK, Sept 26- With the pounding that small-cap stocks have taken in the last few months, you could be forgiven for thinking they've fallen completely out of favor with investors. "In the small-cap carnage we've found many investments that to us look unduly penalized," said Connor Browne, a portfolio manager of the $1 billion Thornburg Value fund.
CRUDE FUTURES EXTEND GAINS TO MORE THAN $1 ON SUPPORTIVE DATA, MIDDLE EAST CONFLICT.
CBOE SPOKESWOMAN SAYS ALIBABA OPTIONS WILL DEBUT WITH STRIKE PRICES RANGING FROM $75 TO $100 IN $5 INCREMENTS.
CBOE SPOKESWOMAN SAYS ALIBABA OPTIONS WILL BE SUBJECT TO POSITION LIMITS OF 250,000 CONTRACTS.
CBOE SPOKESWOMAN SAYS ALIBABA OPTIONS WILL HAVE FOLLOWING EXPIRATIONS: OCTOBER, NOVEMBER, JANUARY, APRIL.
CBOE SPOKESWOMAN SAYS CBOE, C2 EXCHANGES WILL ALSO LIST ALIBABA LEAPS.