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Capital Goods Industrial Conglomerates

  • Feb 14- NBCUniversal, the U.S. media conglomerate owned by Comcast Corp, has made an investment in European broadcaster Euronews and named Noah Oppenheim as the president of NBC News, according to an internal memo seen by Reuters on Tuesday. The investment will allow NBC to reach out to 277 million new households in 13 languages across Europe, Africa and the Middle...

  • MEXICO CITY, Feb 14- Mexican conglomerate Alfa on Tuesday reported a loss of 889.7 million pesos in the fourth-quarter of 2016, compared to a profit of 162 million pesos in the same period a year earlier.

  • What I'm sure about is that we need access to additional sources of financing, " Eduardo Pacheco told Reuters in an interview at his Bogota office. Colpatria in 2011 tapped Canada's Scotiabank as a partner, ceding 51 percent in Banco Colpatria, and in 2013 it sold a similar amount of its insurance business to France's AXA. The construction unit has operations in...

  • *Japan stocks expected to take cues from dollar-yen after Yellen- analyst. TOKYO, Feb 14- Japanese stocks edged down on Tuesday morning, with Toshiba Corp's falling as investors brace for the industrial conglomerate to book a massive multibillion dollar writedown when it reports earnings shortly. Yellen is due to present the U.S. central bank's semi-annual...

  • TOKYO, Feb 14- Toshiba Corp will on Tuesday uncover the scale of a multi-billion dollar writedown from cost overruns at its U.S. nuclear arm, along with its recovery plans as the Japanese industrial conglomerate scrambles for cash. Toshiba may also sell an interest in British nuclear venture NuGeneration Ltd to Korea Electric Power Corp, the newspaper said.

  • SEOUL, Feb 14- Samsung Group chief Jay Y. Lee was questioned by South Korea's special prosecutor for more than 15 hours as part of an investigation into a graft scandal that threatens to topple President Park Geun-hye. Lee, who has denied allegations of bribery through Samsung Group spokespeople, had arrived at the office on Monday morning. Samsung Group...

  • SEOUL, Feb 13- Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor's office for questioning on Monday as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye. Park, Lee, Choi, and Samsung Group have all denied bribery accusations. Proving illicit dealings between Park or her...

  • SEOUL, Feb 13- Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor's office for questioning on Monday as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye. Park, Lee, Choi, and Samsung Group have all denied bribery accusations. Proving illicit dealings between Park or her...

  • SEOUL, Feb 13- Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor's office on Monday for questioning as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye. Lee, the third-generation leader of South Korea's top conglomerate, has been identified as a suspect on suspicions that...

  • BOGOTA, Feb 10- Colombian prosecutors investigating Brazil's Odebrecht for corruption will travel to that country next week to look for evidence that the construction conglomerate bribed politicians and sent funds to presidential campaigns, an official said on Friday. Attorney General Nestor Humberto Martinez has said a portion of $4.6 million that...

  • FRANKFURT, Feb 10- Europe's top utilities are planning to invest tens of billions of euros over the next three years to catch up with the green energy revolution, driving a flurry of takeovers by tech and engineering firms of niche, smart-energy innovators. This has led industrial conglomerates and technology companies to seek out small targets to complement...

  • *Posts Q2 adjusted EPS of $0.19 vs estimates of $0.18. The company's news and information business, which includes the Wall Street Journal and the Times in London, has been suffering from lower ad sales as readership dwindles, with readers opting for free news on websites and mobile apps. Revenue in the business fell nearly 7 percent to $1.30 billion in the second...

  • *Lopez left Philippines at 18 to become a yoga missionary. MANILA, Feb 10- Mining industry chiefs had just assailed her order to shut down more than half of the Philippines' mines, and Regina Lopez was in a combative mood: but, to keep her cool before an interview, she slipped into a side room and meditated for a few minutes. There is a spiritual side to Lopez, the daughter of...

  • TOKYO, Feb 9- Toshiba Corp has received an offer as high as 400 billion yen for a 19.9 percent stake in its flash memory business, with other bids as low as 200 billion yen, a person directly involved in the deal told Reuters. Suitors include rivals SK Hynix Inc and Micron Technology Inc, and financial investors like Bain Capital. The Japanese conglomerate was seeking...

  • Jeff Immelt CEO of GE featured on Mad Money with Jim Cramer

    Jim Cramer spoke with Jeffrey Immelt, who said the company doesn't need trade deals to be effective.

  • SEOUL, Feb 6- Samsung Group said it will disband its corporate strategy office after a special prosecution probe ends, setting a timeline on a pledge to wind up a power centre that has been criticised for its role in South Korea's graft scandal. Special prosecution has classified Jay Y. Lee, third-generation leader of Samsung Group, and head of the corporate...

  • SEOUL, Feb 6- South Korean conglomerate Samsung Group said on Monday it will disband its corporate strategy office tasked with managing long-term group-related affairs at the conclusion of the current special prosecution probe. Jay Y. Lee, third-generation leader of the country's top conglomerate, said at a December parliament hearing he plans to disband...

  • President Donald Trump, will now not get a senior role at the White House, the New York Times reported on Wednesday. The White House, Scaramucci and SkyBridge Capital, the hedge fund he founded, were not immediately available for comment. In January, Scaramucci said he would join Trump's White House staff as an adviser and public liaison to government agencies and...

  • *Tokyo Electron also not showing interest- Kyodo. TOKYO, Jan 31- Japan's Canon Inc said would be difficult to invest in Toshiba Corp's memory chip business, dousing hopes that the struggling conglomerate could count on its business partner for help as it scrambles for funds to offset a multi-billion dollar writedown. Expectations that Canon could offer at least...

  • *Deal would reduce intense competition in India- analysts. LONDON/ MUMBAI, Jan 30- Britain's Vodafone Group confirmed on Monday it was in talks to merge its Indian subsidiary with local rival Idea Cellular in an all-share deal that would create a new market leader better able to contest a brutal new price war. Last year the market was thrown into fresh turmoil with...