SAN FRANCISCO _ Dolby Laboratories Inc. on Thursday reported net income of $45.9 million in its fiscal fourth quarter. Analysts expected $216.9 million, according to Zacks. For the current quarter ending in December, Dolby Laboratories expects its per-share earnings to range from 51 cents to 55 cents.» Read More
April 28- Chad Leat, a retired Citigroup Inc executive who helped finance some of the world's largest leveraged buyouts, is now working as a consultant for former client Apollo Global Management LLC, people familiar with the matter said.
WASHINGTON, April 28- The U.S. swaps regulator plans to research whether U.S. banks' overseas trading activity is complying with its rules, a senior official said on Monday, as Wall Street adapts to new rules for the $690 trillion global market.
April 28- El Paso Pipeline Partners LP said it would buy natural gas assets from Kinder Morgan Inc for about $2 billion, including $1.01 billion of debt.
April 28- Financial services company Ameriprise Financial Inc reported a 19 percent rise in first-quarter profit, driven by strong income from its wealth management business and said it would buy back an additional $2.5 billion in stock.
NEW YORK, April 28- The S&P 500 ended higher on Monday after a volatile session, as gains in Apple and Pfizer helped offset another round of selling in some high-growth tech shares. Based on the latest available data, the Dow Jones industrial average rose 87.34 points or 0.53 percent, to end unofficially at 16,448.80.
NEW YORK/ DETROIT, April 28- Toyota Motor Corp. said it will move its U.S. sales headquarters from southern California to suburban Dallas, delivering the latest blow to California in a fight for jobs with arch-rival Texas, whose Governor Rick Perry has been actively poaching businesses from the Golden State.
*Federal Circuit revives claim by BP, Chevron, Shell. By a 2-1 vote, the U.S. Court of Appeals for the Federal Circuit reversed the dismissal of claims by BP Plc, Chevron Corp and Royal Dutch Shell Plc in a now 23- year-old case that their wartime contracts to produce gas to fuel military aircraft entitled them to reimbursement.
MOSCOW, April 28- Russia's energy minister and EU Energy Commissioner Guenther Oettinger have reached a tentative agreement for three-way talks between Russia, Ukraine and the EU on Ukraine's debt to Moscow for gas to be held later this week, the Russian ministry said. Russia had earlier proposed the talks be held on Monday in Moscow.
WASHINGTON, April 28- A brutally cold winter likely put a brake on the U.S. economy in the first quarter, but growth fundamentals remain strong and signs of an acceleration have already emerged.
NEW YORK, April 28- The next chief executive of Berkshire Hathaway should be the only one at the company to get options, Warren Buffett, the current head of the sprawling conglomerate, said on Monday.
*Separatists take another town hall, break up pro- Kiev rally. DONETSK/SLAVIANSK, Ukraine, April 28- The United States imposed new sanctions on allies of Russian President Vladimir Putin on Monday, prompting Moscow to denounce "Cold War" tactics amid more violence in eastern Ukraine.
WASHINGTON, April 28- The U.S. Washington is still on track to run roughly a half trillion dollars into the red this year. The Congressional Budget Office, however, projects budget deficits will widen slightly relative to national economic output over most of the current decade's remaining years.
*Russia- Ukraine tensions cap bond yields. The ongoing political tension between Russia and Ukraine has also kept a cap on long bond yields. On Friday, long bond yields fell to their lowest in more than nine months after Russia unexpectedly raised interest rates just hours after the S&P downgraded the country's credit rating.
RUSSIAN ENERGY MINISTRY SAYS GAS DEBT TALKS PLANNED FOR MAY 2 IN WARSAW, EXPECTS UKRAINE TO CONFIRM ITS PARTICIPATION SOON.
RUSSIAN ENERGY MINISTRY SAYS HAS REACHED TENTATIVE AGREEMENT WITH EU ENERGY COMMISSIONER FOR TALKS BETWEEN EU, RUSSIA AND UKRAINE ON UKRAINE'S GAS DEBT.
But SEC commissioners Daniel Gallagher and Michael Piwowar, both Republicans, said that since the U.S. Court of Appeals ruled in early April that one part of the conflict mineral regulation violates companies' freedom of speech, its implementation should be stayed until all legal challenges have been resolved.
FRANKFURT/ LONDON, April 28- European insurers will be tested to see whether they could stay in business even if interest rates remained at historic lows for a long time, a top regulator said on Monday. The results of the test conducted by the European Insurance and Occupational Pensions Authority over coming weeks will be published in November.
NEW YORK, April 28- Brent crude oil prices extended losses to almost $1.50 a barrel on Monday as Libya prepared to resume exports from an eastern port, while the spread versus U.S. futures abruptly narrowed after widening for two weeks.
BOSTON, April 28- The U.S. and UK governments on Monday advised computer users to consider using alternatives to Microsoft Corp's Internet Explorer browser until the company fixes a security flaw that hackers used to launch attacks.
*Facebook and Amazon.com lead Nasdaq's losses. NEW YORK, April 28- The Nasdaq tumbled on Monday, led by a selloff in Facebook and Amazon.com, while the Dow clung to a slim gain in spite of Bank of America's suspension of a planned dividend increase. Amazon.com lost 3.1 percent to $294.74, extending Friday's sharp decline a day after its earnings report.