Business News

Samsung-070615.jpgSouth Korean conglomerate Samsung Electronics Co. Ltd. said Tuesday that it expects its second quarter operating profit to decline 4 percent year-over year and sales to fall 8 percent, reflecting continued weakness in the company's flagship handset business. However, both operating profit and sales are projected to grow sequentially.

ENZ, LMNX Settle Suit, VSAR Regains Velocity, CATB Hits A High

Shares of Versartis Inc. (VSAR) rose more than 29% on Monday as investors welcomed the news of the removal of FDA partial clinical hold on the company's Investigational New Drug Application for VRS-317 in growth hormone deficiency children.

A. Schulman Results Miss Estimates; Stock Tanks

A. Schulman Inc (SHLM), a supplier of plastic compounds and resins, on Monday reported third-quarter net loss to equity holders of $9.9 million or $0.34 per share compared with a profit of $19 million or $0.65 per share last year. Excluding acquisition costs, restructuring charges and other one-time...

Taiwan Consumer Prices Fall Less Than Expected In June

Taiwan's consumer prices fell for the sixth consecutive month in June but the drop was slower than economists expectations, figures from the Taiwan National Statistics showed Tuesday. The consumer price index declined 0.56 percent year-over-year in June, slightly slower than economists' expectations...

Euronet Worldwide Acquires XE

Euronet Worldwide Inc (EEFT), an electronic payments company, on Monday said it has acquired XE, a provider of digital foreign exchange information. Euronet said it will use about $60 million from its revolving credit agreement together with about 640,000 Euronet shares and an undisclosed amount...

After-market Movers For July 6 (SUNE, AMD, SHLM)

Shares of SunEdison, Inc. (SUNE) rose more than 3% in after hours trading after the world's largest renewable energy development company said that its subsidiary TerraForm Power, Inc. (TERP) has agreed to buy net ownership of 930 megawatt of wind power plants from Invenergy Wind LLC for $2 billion. Advanced...

Univision To File U.S. IPO

Spanish-language broadcaster Univision Holdings Inc. intends to pursue an initial public offering in the U.S. The company filed on Thursday with the U.S. Securities and Exchange Commission for an IPO of up to $100 million, but that could be a nominal figure used to calculate registration fees.

Stolt-Nielsen Q2 15 Earnings Conference Call At 9:00 AM ET

Stolt-Nielsen SA (SOIEF.OB) will host a conference call at 9:00 AM ET on July 2, 2015, to discuss its Q2 15 earnings result. To access the live webcast, log on at http://www.stolt-nielsen.com/en/Investor-Relations/Earnings-Release-Presentations.aspx To participate in the call, dial +1 212 444...
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07/07/15 0:30Interest Rate Decision- Australia
07/07/15 0:0Official Foreign ReservesJUN Cyprus
07/07/15 0:0Official Foreign ReservesJUN Germany
07/07/15 0:0Official Foreign ReservesJUN Greece
07/07/15 0:0Official Foreign ReservesJUN Italy
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