China Galaxy Securities to Issue 2 Billion New Shares in Hong Kong
China Galaxy Securities Co. said before trading hours Monday
that it will issue 2 billion new Hong Kong-listed shares at
HK$11.99 per share. (published 0036 GMT)
Apple Reports 33% Rise In Earnings, Adds To Dividend, Buyback--Update
Apple Inc. is pulling off a feat rarely seen in any industry,
much less the cutthroat world of consumer electronics: gaining
market share while also commanding higher prices. (published 2347
GMT Monday)
ESPN Sues Verizon Over New FiOS TV Packages
ESPN filed a lawsuit against Verizon Communications Inc.
alleging the telecom company's new FiOS TV packages breach a
contract covering how the sports TV network is to be distributed.
(published 2254 GMT Monday)
Best Buy to Accept Apple Pay, Complicating Picture for MCX
Best Buy Co. said it would join the growing list of retailers
accepting Apple Pay this year, undercutting a merchant-led group
that had hoped to beat Apple with its own mobile-payment system.
(published 0000 GMT)
Barrick Gold Reports Lower-Than-Expected Quarterly Earnings
Barrick Gold Corp. posted lower-than-expected first-quarter
earnings as revenue at the world's largest gold company fell amid a
continued slump in the gold industry. (published 2324 GMT
Monday)
China Molybdenum: 1Q Net Profit Down 19.3% on Year to CNY304.5 Mln
China Molybdenum Co. Ltd. said after trading hours Monday its
net profit for the three months ended March declined by 19.3% from
a year earlier to 304.5 million yuan from CNY377.3 million.
(published 0025 GMT)
Applied Materials, Tokyo Electron Scrap Merger Plan -- 4th Update
The past two years brought plenty of bold--and
successful--attempts by companies to swallow major competitors, but
Monday's collapse of a $29 billion deal in the semiconductor
industry is the latest signal that U.S. antitrust enforcers remain
on the lookout for risks of market concentration. (published 2155
GMT Monday)
BYD: 1Q Net Profit CNY120.9 Million Vs. CNY12.0 Million
BYD Co. Ltd. said after trading hours Monday that its net profit
for the three months ended March surged ahead to hit 120.9 million
yuan, compared to CNY12.0 million for the three corresponding
months a year ago. (published 0015 GMT)
BYD Electronic (International): Ke Li Resigns as CEO Effective Immediately
BYD Electronic Co. Ltd. said after trading hours Monday that Ke
Li has resigned as chief executive of the components manufacturer
and that Nianqiang Wang has been named as CEO in her place.
(published 0012 GMT)
China Shipping Container Lines: 1Q Net Profit CNY249M; Up 306% On Year
China Shipping Container Lines Co. Ltd., the nation's
second-largest shipping operator, said Monday that its net profit
for the first quarter surged by 306% year-over-year, thanks to an
increase in operating profit. (published 0019 GMT)
Comtec Solar Systems Group Expects to Swing to Net Loss Jan-March
Comtec Solar Systems Group Ltd. said Tuesday it expects to swing
to a net loss of 11.6 million yuan for the three months ended March
due to a lower gross profit margin and expenses on its Malaysian
plant, which is in the process of ramping up operations. (published
0028 GMT)
Virgin Australia Appoints Elizabeth Bryan as Chairman
Virgin Australia Holdings Ltd. said Tuesday it has appointed
Elizabeth Bryan as its new chairman. (published 2303 GMT
Monday)
Orion Health 2015 Unaudited Revenue Rises 7% On Year
Orion Health Group Ltd. saw its unaudited operating revenue rise
7% to 164 million New Zealand dollars for the 12 months to March 31
as all regions except North America saw growth. (published 2224 GMT
Monday)
Time Warner Cable Adviser Contacts Rival Cox--Update
An investment banking adviser close to Time Warner Cable Inc.
reached out to Cox Communications Inc. in recent days to discuss
the possibility of a combination of the two cable companies, people
familiar with the matter said. (published 2140 GMT Monday)