Roche Says Outlook Improving
Roche raised its guidance after reporting sales growth of 9.5% in the first nine months of the year.
Rio Tinto Iron-Ore Shipments Rise
Rio Tinto said it shipped 1% more iron ore last quarter as its Australian mining hub recovered from earlier operational and weather-related setbacks.
United Raises Outlook on Robust Demand
United Airlines profit outstripped expectations as the company raised its earnings estimates for the year amid a surge in bookings.
Berkshire Asks to Expand BofA Stake
Berkshire Hathaway requested permission earlier this month from the Fed to increase its stake in Bank of America above 10%.
Mapletree Commercial Trust Plans to Raise S$902.3 Million for Acquisition
Mapletree Commercial Trust said it is planning to raise at least 902.3 million Singapore dollars to buy a business park in Singapore.
Australia's Latitude Financial Scraps IPO
The planned initial public offering for KKR & Co.-backed Latitude Financial has been pulled two days before trading on the Australian market was due to kick off.
América Móvil Reports 31% Drop in Net Profit on Forex Losses
Mexican telecommunications company América Móvil reported a 31% decline in net profit as foreign-exchange losses in the period offset gains in sales and operating profits.
MGM Resorts to Sell Bellagio, Circus Circus Properties in Las Vegas
MGM Resorts International said it is selling two casinos on the Las Vegas Strip, including its landmark Bellagio property, in separate real-estate deals.
Drug Distributors Are in Talks to Pay $18 Billion to Settle Opioid Litigation
Three major drug distributors are in talks to pay $18 billion to settle sweeping litigation brought by state and local governments blaming them for fueling the opioid crisis.
Brookfield Embarks on High-Price Makeover of Fifth Avenue Tower
Toronto-based Brookfield, which bought control of the office tower at 666 Fifth Ave. from the Kushner family in 2018, is planning one of the costliest overhauls for a building that New York has seen.
(END) Dow Jones Newswires
October 16, 2019 03:15 ET (07:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.