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HK shares of ZTE fall 5 percent after profit warnings
HONG KONG - The Hong Kong-listed shares of ZTE Corp fell 5 percent on Monday after China's second-largest telecom equipment maker warned of a net loss for 2012 due to project delays and the non-renewal of contracts.
Novozymes says efficiency boost to keep margins high
COPENHAGEN - Danish industrial enzymes maker Novozymes said it aims to keep margins at the current high level over the next five years through production efficiency measures, helping send its shares to an 11-month high.
Fraser and Neave rises to record after Thai group raises bid
SINGAPORE - Shares of Fraser and Neave Ltd (F&N;) rose 1.8 percent to a record on Monday, after Thailand's third richest man raised his takeover offer for the property and drinks conglomerate to fend off a rival bid from a group run by Indonesian tycoon Stephen Riady.
Morgan Stanley upbeat about future profits, performance
- Morgan Stanley Chief Executive James Gorman said the bank has turned itself around and can meet its goals for profitability, his boldest pronouncement yet about the near-term potential for a company that has long lagged its peers.
Life Tech exploring potential sale, shares soar
NEW YORK - Life Technologies Corp is exploring a potential sale and has retained banks to advise on the process, the biotechnology company said on Friday, sending its shares more than 10 percent higher to an all-time record.
Shares of CyrusOne rise on debut
- Shares of CyrusOne Inc rose as much as 15 percent on their market debut after the data center operator priced its offering at the high end of its expected price range.
As GE profits rise, investors wonder about cash plans
- What's Jeff Immelt going to do with the money? | Video
Capital One shares fall on muted growth prospects
- Capital One Financial Corp's shares fell as much 9 percent on Friday, after the credit card company's disappointing fourth-quarter results signaled it would not benefit as much as expected from its acquisitions last year.
RIM shares rise after upgrade by influential analyst
TORONTO - Shares of Research In Motion Ltd rose more than 6 percent after an influential analyst raised his rating on the stock on Friday, saying that RIM's new BlackBerry 10 operating system performed as well or better than rivals in recent tests.
Johnson Controls outlook disappoints, shares drop
- Johnson Controls Inc forecast a smaller-than-expected profit for the current quarter due to lower auto production in Europe, sending the company's shares down more than 3 percent.
No related earnings announcements are currently scheduled within the next 7 days.
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