News Highlights: Top Equities Stories of the Day
August 24 2016 - 11:15PM
Dow Jones News
Hyundai Motor Ends Strikes With Tentative Union Deal
Hyundai Motor Co. reached a tentative wage deal with its unions,
which puts an end to damaging strikes and paves the way for a
similar deal at its Kia Motors Corp. affiliate. (published 0249
GMT)
China Coal Energy Swings to 1H Net Profit of CNY225.1 Million
China Coal Energy Co. Ltd. late Wednesday reported a first-half
net profit of 225.1 million yuan, thanks to disposal gains and
better cost control despite weaker revenue. (published 0210
GMT)
MIE Holdings: 1H Net Loss Widens to CNY1.40 Billion
Oil and gas company MIE Holdings Corp. said Thursday its
first-half net loss widened to 1.40 billion yuan from CNY324.4
million a year earlier, partly due to lower revenue and higher
impairment charges. (published 0039 GMT)
Sunshine 100 China Appoints Lin Shaozhou as New CEO With Immediate Effect
Chinese real estate developer Sunshine 100 China Holdings Ltd.
said Thursday it has appointed Lin Shaozhou as chief executive,
replacing Yi Xiaodi. (published 0022 GMT)
Amcor Flags Growth Ahead after Net Profit Falls 64%
Paper and packaging company Amcor Ltd. said it expects earnings
to grow in constant currency terms this fiscal year after net
profit fell 64% driven by unfavorable foreign exchange moves and a
writedown of its Venezuelan operations. (published 0013 GMT)
AWE Annual Loss Widens
Oil and gas producer AWE Ltd. reported a wider annual loss, hit
by impairment costs and the slump in global energy prices.
(published 0005 GMT)
(END) Dow Jones Newswires
August 24, 2016 23:00 ET (03:00 GMT)
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