Comcast to Buy Remaining Stake in Universal Studios Japan for $2.3 Billion

Comcast said Tuesday it would buy the remaining stake in Universal Studios Japan for $2.3 billion, giving the company complete control of the theme park as it looks to Asia for growth.

 
Target Slashes Outlook as Sales Fall

Target said 2017 profits would fall as much as 25% below what Wall Street forecast, and the big-box retailer reported sales and profit declines for the holiday quarter.

 
Scotiabank Profit Climbs 11%

Bank of Nova Scotia hiked its dividend, while growth from its domestic and international banking operations helped to boost the lender's earnings by 11% in the fiscal first quarter.

 
Valeant's Revenue Falls 13%

Valeant Pharmaceuticals said its revenue fell 13% in the fourth quarter, hurt by the performance of the stomach-drug business it tried to sell late last year as well as lower drug prices.

 
QVC Operator Liberty Interactive Profit Falls

Liberty Interactive, the parent of home shopping network QVC, posted a 16% decline in profit in the final quarter of the year amid slower consumer demand in the U.S.

 
SeaWorld Attendance Declines, Loss Widens

SeaWorld Entertainment Inc. reported a bigger loss in the latest quarter, hurt by higher expenses as fewer people visited its venues.

 
Samsung Heir Lee Jae-yong Indicted on Bribery Charges

South Korean prosecutors indicted Samsung's de facto leader Lee Jae-yong on charges of bribery and four other offenses, setting in motion legal proceedings that could put the tycoon behind bars for years.

 
Domino's Pizza Results Boosted by Domestic Sales

Domino's Pizza reported stronger-than-expected results for its latest quarter, propelled by strong domestic same-store sales and an increase in the number of stores.

 
Barnes & Noble Education Sales Weaken Amid Lower Enrollment

Barnes & Noble Education's sales weakened in the latest quarter as the college bookstore operator grappled with lower enrollment.

 
Fidelity, Charles Schwab Slash Online Trading Commissions

The cost to trade stocks and exchange-traded funds online is plummeting as two online brokerage giants,Fidelity Investments and Charles Schwab, slashed commissions Tuesday.

(END) Dow Jones Newswires

February 28, 2017 11:15 ET (16:15 GMT)

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