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  • Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware to $120 per share, sweetening the deal for shareholders with an additional $5 billion in cash. In July, the computer maker offered to pay $21.7 billion, or $109 per share, in cash and stock to buy back shares tied to its interest in VMware, returning...

  • ZURICH, Nov 15- Novartis launched a copy of Johnson& Johnson's inflammation-fighting Remicade in Germany on Thursday as the Swiss drugmaker aims to catch rival biosimilars that are already available in Europe's largest healthcare market. It has been ramping up production for six months, and Germany is the first European market where Novartis will sell its...

  • Nov 15- Consumer products company Spectrum Brands Holdings Inc said on Thursday it would sell its global auto care business to battery maker Energizer Holdings Inc in a cash-and-stock deal valued at about $1.25 billion. Energizer will pay Spectrum $937.5 million in cash and $312.5 million in stock. To speed up the approval process, Energizer proposed on...

  • LONDON, Nov 15- HSBC and China Investment Corp are in talks to create a fund for the Chinese sovereign wealth fund to invest in companies in Britain that have business links with China, HSBC said on Thursday. The fund would be managed by London- based Charterhouse Capital Partners, which is in talks with CIC and HSBC, the British bank said. The three "are in exclusive...

  • NEW YORK, Nov 14- Shareholder advisory firms Institutional Shareholder Services and Glass Lewis backed a push by Daniel Loeb's hedge fund to make changes at Campbell Soup Co, including replacing some board members. ISS recommended that investors elect all five of Loeb's Third Point LLC board nominees, giving a boost to the activist firm, which is fighting a high...

  • LONDON, Nov 15- Britain must halt a back-up power scheme aimed at avoiding electricity shortages pending a further investigation by European Union regulators, an EU court ruled on Thursday, which sent shares in UK energy companies tumbling. The judgment by the EU's General Court annuls a decision by the European Commission, which had said Britain's so-called...

  • NEW YORK, Nov 15- Walmart Inc reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. "Fresh continues to do very well but there is strength across the board from a category standpoint," Chief...

  • Next-day prices for Thursday, meanwhile, rose to their highest since January at the Henry Hub benchmark in Louisiana, Dominion South in Pennsylvania and Chicago citygate. Cheniere Energy Inc expects new liquefaction trains at its LNG export terminals in Sabine Pass in Louisiana and Corpus Christi in Texas to enter service in the near future.

  • JOHANNESBURG, Nov 15- Mediclinic International Plc plans to reduce capex for its Swiss business, open more outpatient surgery units and medical centres in order to mitigate regulatory challenges in Switzerland's healthcare market. A constituent of London's FTSE 100 index with a secondary listing in Johannesburg, Mediclinic has faced stricter...

  • Nov 15- U.S. stocks opened lower on Thursday, with hopes of a trade negotiation between the United States and China being offset by mixed results from retailers and a slide in growth stocks including Facebook and Amazon.com Inc. The Dow Jones Industrial Average fell 19.02 points, or 0.08 percent, at the open to 25,061.48. The S&P 500 opened lower by 8.06 points, or...

  • Trump, without presenting evidence, has accused the world's largest online retailer repeatedly over the past year of taking advantage of USPS by not paying enough for deliveries to make the service profitable. USPS reported operating revenue of $70.6 billion for fiscal year 2018, which ended on Sept. 30, as sales at its shipping and packages business rose 10...

  • Nov 15- U.S. stocks were set for a mixed open on Thursday, with hopes of a trade negotiation between the United States and China being offset by mixed results from retailers and a slide in Facebook Inc.. Shares in Walmart Inc, the world's largest retailer, rose 0.3 percent in premarket trading after the company beat quarterly comparable sales estimates.

  • After having fallen from $80 at the turn of the century, shares in the chain of department stores were down nearly 10 percent on Thursday, taking them closer to "penny stock" territory, or a value under $1. The Plano, Texas- based company has also changed strategy several times, alienating middle-aged and older women a group it considers a core demographic as it chased...

  • Nov 15- Chemicals maker Ineos Enterprises said on Thursday it will buy Ashland Global Holdings Inc's composites unit for $1.1 billion, chiefly for its resin business. Ashland said the divestiture was a part of its plans to focus on specialty chemicals. Ineos said the deal was expected to be completed in the first half of next year.

  • NEW YORK, Nov 15- Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. "Fresh continues to do very well but there is strength across the board from a category standpoint," Chief...

  • Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware to $120 per share, still way short of the $300 price suggested by activist investor Carl Icahn. The computer maker in July offered to pay $21.7 billion, or $109 per share, in cash and stock to buy back shares tied to its interest in VMware, returning...

  • MIAMI, Nov 15- Ford Motor Co Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG was a "delicate dance." However, Hackett said expanding collaboration to other areas, such as electric vehicles or...

  • Shares in the company dropped nearly 12 percent to $1.10 in premarket trade after the department store chain's same-store sales in the third quarter fell well short of Wall Street estimates. The Plano, Texas- based company said sales at stores open for at least 12 months fell 5.4 percent in the three months ended Nov. 3. Wall Street analysts on average had expected...

  • Nov 15- U.S. stock index futures rose on Thursday, as signs that the United States and China were working to resolve a bitter trade war eased nerves ahead of retail sales data. Walmart Inc shares rose 0.7 percent in premarket trading after the company beat comparable sales estimate for the third quarter, as more shoppers in the U.S. purchased goods at its stores and...

  • NEW YORK, Nov 15- Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its earnings outlook for the year as a strong economy boosted customer store visits and more grocery offerings helped e-commerce purchases. The stock rose nearly 1 percent to $102.48. The retailer suffered a setback in India on Tuesday when the...