News Highlights: Top Equities Stories of the Day
May 29 2016 - 9:15PM
Dow Jones News
Aupu Group Holding to Pay HK$2.71 Per Share in Order to Delist
Aupu Group Holding Co. said it will pay 2.71 Hong Kong dollars
per share in order to delist the company's shares. (published 0024
GMT)
Noble Group CEO Resigns; Firm to Sell North America Energy Solutions Business
Embattled commodities trader Noble Group on Monday announced the
resignation of its chief executive and the planned sale of its
prized North America energy solutions business, capping months of
difficulties for the company. (published 0042 GMT)
Legend Holdings to Invest US$20 Mln in BOC Aviation
Legend Holdings Corp. said after trading hours Friday that it
will invest US$20 million in BOC Aviation Ltd., an investment it
said is in line with its financial investments sector. (published
0020 GMT)
Besunyen Holdings Expects Jan-June Net Profit to Decline 'Significantly' or Even Swing to Loss
Beverage maker Besunyen Holdings Co. Ltd. said before trading
hours Monday that it expects a "significant" decline or even a loss
for the six-month period ended June due partly to the costs
associated with changing the name of a product and lower sales.
(published 0019 GMT)
Stride Property FY16 Net Profit After Tax NZ$92.4M, Up 34% On Year
Stride Property Ltd., which owns commercial office, retail and
industrial real estate in New Zealand, reported a 34% rise in
full-year net profit. (published 2120 GMT Sunday)
Suncor Starts to Bring Canadian Oil Sands Back Online
Suncor Energy Inc. said Sunday it has begun a "staged restart"
of operations near the fire-ravaged community of Fort McMurray,
Alberta. (published 2114 GMT Sunday)
Dubai's DP World Agrees to Manage Port in Somaliland for 30 Years
Dubai's DP World has agreed to manage the Somaliland port of
Berbera in a landmark deal this month that opens a new point of
access to the Red Sea and gives the global ports operator an
alternative hub to Djibouti in the Horn of Africa. (published 1922
GMT Sunday)
Mizuho Chief Warns of Japan Downgrade if Abe Delays Tax Increase
The chief of Mizuho Financial Group Inc. said Japan risks a
credit-rating downgrade if Prime Minister Shinzo Abe delays a
scheduled sales-tax increase without explaining how the government
plans to cut its deficit. (published 1500 GMT Sunday)
Proposed $1.7 Billion Sale of Middle East Fast-Food Operator Collapses
A proposed $1.7 billion deal to sell a majority stake in the
Middle Eastern franchise rights-owner of Pizza Hut and KFC to a
local group of businessmen has collapsed, reflecting a diminished
appetite for large transactions in a region where low oil prices
have dented investors' confidence. (published 0935 GMT Sunday)
Bayer CEO Invites Environmental Groups to Talk About Monsanto Bid -- Update
Bayer AG Chief Executive Werner Baumann has invited
environmental groups to talk with the company about its desire to
acquire U.S. competitor Monsanto Co. in a $62 billion deal that
would create the world's largest agrochemicals company. (published
0911 GMT Sunday)
Verizon, Unions Reach 'Agreement in Principle' -- 2nd Update
Verizon Communications Inc. and its labor unions have reached an
agreement in principle that would end a weekslong labor strike.
(published 2042 GMT Friday)
(END) Dow Jones Newswires
May 29, 2016 21:00 ET (01:00 GMT)
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