×

Corporate Finance Balance Sheets

  • TOKYO, Nov 20- Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen from a sale of new shares in a key step that would allow it to stay publicly traded. Toshiba's board met on Sunday to approve the plan, which would plug a balance sheet hole left by the company's bankrupt U.S. nuclear power...

  • TOKYO, Nov 19- Toshiba Corp said it would raise 600 billion yen from a sale of new shares, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed. Toshiba needs to raise 750 billion yen by the end of March to plug a balance sheet hole left by its bankrupt U.S. nuclear power business, or it will be...

  • *In negotiations with Taiwan's Asustek Computer Inc- media. TOKYO, Nov 17- Toshiba Corp said on Friday it had not entered into talks with any company to sell its personal computer business, denying media reports that it was in negotiations to sell the unit to Taiwan's Asustek Computer Inc.. Hit by liabilities arising from its now bankrupt U.S. nuclear unit, Toshiba...

  • *Says 2017/ 18 tariff increase not sufficient. JOHANNESBURG, Nov 13- South Africa's scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and could be in "trouble" if the situation persisted, adding that it was working to control its costs. Eskom, the sole power supplier in Africa's most industrialised...

  • BEIJING, Nov 13- China's total social financing, a broad measure of credit and liquidity in the economy, fell to 1.04 trillion yuan last month from 1.82 trillion yuan in September, data from the central bank showed on Monday. TSF includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public...

  • BEIJING, Nov 13- China's total social financing, a broad measure of credit and liquidity in the economy, fell to 1.04 trillion yuan last month from 1.82 trillion yuan in September, data from the central bank showed on Monday. TSF includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public...

  • *Toshiba needs cash to avoid negative net worth, delisting. TOKYO, Nov 10- Toshiba Corp, desperate for cash to avoid a possible delisting, is considering raising about 600 billion yen by offering new shares in a third-party allotment, a person briefed on the matter said on Friday. Strapped with liabilities arising from its bankrupt U.S. nuclear unit, Toshiba agreed...

  • The company has hedged about 88,000 barrels per day of oil and condensate production next year at an average price of about $53 per barrel, Chief Financial Officer Sherri Brillon said on a conference call. Calgary, Alberta- based Encana, which produces gas and light oil, has benefited from a downsizing of its operations to focus on four core North American assets:...

  • Janus' Bill Gross: Here's what the flattening yield curve means for the economy

    Janus Henderson's Bill Gross discusses his views on the yield curve, what he sees for bonds going forward and what the Fed's decision to leave rates unchanged means for markets.

  • Janet Yellen

    David Lebovitz, JPMorgan Asset Management; Danielle DiMartino Booth, Money Strong; and Scott Minerd, Guggenheim Partners, discuss the decision from the Federal Open Market Committee to leave rates unchanged. With CNBC's Steve Liesman.

  • Fed leaves rates unchanged

    CNBC's Steve Liesman reports the decision from the Federal Open Market Committee to leave rates unchanged.

  • *Five big banks, bar BoC, post faster Q3 profit growth. BEIJING, Oct 30- Four of China's' Big Five' state-owned banks reported higher quarterly profits and slower growth in bad loans, helped by a resilient economy and checks on the shadow banking sector. Industrial and Commercial Bank of China, the country's top lender by assets, posted a 3.3 percent rise in...

  • SHANGHAI, Oct 30- Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a further rise in bond yields, signalling tighter liquidity. China's securities regulator on Friday had approved nine IPOs that will raise a total of 9.5 billion yuan, more than double the average funds...

  • ZURICH, Oct 27- UBS, the world's biggest private bank, on Friday posted a 14 percent year-on-year jump in third-quarter net profit but kept a cautious outlook for the rest of 2017 due to political and monetary policy uncertainty. Nevertheless, faced with the unwinding of the European Central Bank's balance sheet and political tensions including U.S.- North...

  • ZURICH, Oct 27- UBS, the world's biggest private bank, on Friday posted a 14 percent year-on-year jump in third-quarter net profit but kept a cautious outlook for the rest of 2017 due to political and monetary policy uncertainty. Nevertheless, faced with the unwinding of the European Central Bank's balance sheet and political tensions including U.S.- North...

  • LONDON/ MADRID, Oct 26- Banco Santander is nearing a deal to sell its U.S. unit TotalBank to Chile's Banco de Crédito e Inversiones, two sources familiar with the matter told Reuters, in a move to clean up its balance sheet by shedding non-core assets. BCI owns City National Bank of Florida and was recently in talks with TotalBank's former owner Banco Popular, the...

  • Oct 19- Canadian oil and gas producer Cenovus Energy said on Thursday it will sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger Ltd for C $1.3 billion to lower its debt load. The Calgary, Alberta- based continues to target between C $4 billion and C $5 billion in asset sale agreements by the end of the year,...

  • NEW YORK, Oct 16- The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after firing co-founder Harvey Weinstein. Co-Chairman Bob Weinstein, Harvey's brother and fellow co-founder, on Friday had denied the firm was seeking to...

  • NEW YORK, Oct 16- The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein. Colony Capital, which has about $20 billion in assets under management, will provide an immediate...

  • SHANGHAI, Oct 14 Reuters)- China's total social financing (TSF), a broad measure of credit and liquidity in the economy, rose to 1.82 trillion yuan ( $276.66 billion) in September from 1.48 trillion yuan in August, data from the central bank showed on Saturday. TSF includes off-balance sheet forms of financing that exist outside the conventional bank lending system,...