Business News


Samsung Q1 Profit Up 46%; Rejects Holding-company Structure

Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported that its net profit for the first-quarter of 2017 rose 46% to 7.68 trillion South Korean won or $6.8 billion from 5.25 trillion won for the same period a year earlier. The company said that it would not adopt a holding company structure.

South Korea Q1 GDP Jumps 0.9% On Quarter

South Korea's gross domestic product expanded a seasonally adjusted annualized 0.9 percent on quarter in the first quarter of 2017, the Bank of Korea said on Thursday. That beat forecasts for an increase of 0.7 percent and was up from 0.5 percent in the three months prior. Real gross domestic income...

KKR Intends Tender Offer To Buy Hitachi Kokusai Electric - Quick Facts

Investment firm KKR & Co. (KKR) Wednesday announced that HKE Holdings G.K., an entity owned by investment funds managed by KKR, intends to make a tender offer for the shares of Hitachi Kokusai Electric Inc. Hitachi Kokusai operates two business segments: a Video and Communication Solutions business...

PayPal Holdings Inc. (PYPL) Is Up After Better Than Expected Q1 Report

PayPal Holdings Inc. (PYPL) reported first quarter EPS of $0.44 after the bell Wednesday, up from $0.37 last year. Analysts expected EPS of $0.41. The company expects to report second quarter EPS of $0.41 to $0.43 and full year 2017 EPS of $1.74 to $1.79. The consensus estimates are for EPS of $0.42...

IPO Watch: Real Matters, At Least In Canada

Network management services provider Real Matters Inc. has filed preliminary prospectus for initial public offering in Canada. The filing is done with Ontario Securities Commission. According to Bloomberg, the Canadian real estate data firm is planning to raise around C$125 million or $96 million.

Legg Mason Q4 17 Earnings Conference Call At 5:00 PM ET

Legg Mason Inc. (LM) will host a conference call at 5:00 PM ET on April 26, 2017, to discuss Q4 17 earnings results. To access the live webcast, log on to http://ir.leggmason.com/ To listen to the call, dial 1-800-447-0521 (US) or 1-847- 413-3238 (International) with confirmation number 44510737 For...
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Economic Calendar
04/26/17 21:30Export Price Index (Q-o-Q)Q1 Australia
04/26/17 21:30Import Price Index (Q-o-Q)Q1 Australia
04/26/17 19:50Foreigners Buying Japan Bonds (Yen)APR 16 - APR 22 Japan
04/26/17 19:50Foreigners Buying Japan Stocks (Yen)APR 16 - APR 22 Japan
04/26/17 19:50Japan Buying Foreign Bonds (Yen)APR 16 - APR 22 Japan
04/26/17 19:50Japan Buying Foreign Stocks (Yen)APR 16 - APR 22 Japan
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