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Canadian Imperial Bank of Commerce or CIBC (CM.TO, CM) reported a rise in its third-quarter net income attributable to equity shareholders to C$918 million or C$2.26 per share from C$877 million or C$2.13 per share. Excluding certain items, earnings per share for the quarter was C$2.23. On average,...

Canada's second-largest lender TD Bank Group (TD, TD.TO) posted higher third-quarter reported net income of C$2.11 billion, compared with C$1.52 billion last year. Earnings per share were C$1.11, compared with C$0.79 in the year-ago quarter. On an adjusted basis, net income amounted to C$2.17 billion,...

Shares of PPHE Hotel Group Limited (PPH.L) increased around 4 percent in London trading after the operator of full service upscale and lifestyle hotels reported Thursday a surge in first-half profit with strong revenue growth. The company also lifted its dividend. Looking ahead, the company expects full-year...

Shares of CSR plc (CSRE, CSRXF.PK, CSR.L) climbed around 26 percent in the morning trading on London, as it confirmed media reports of approach for a possible offer from US-based semiconductor company Microchip Technology Inc. (MCHP). However, CSR rejected the price proposed by Microchip, and its Board...

Pilots of German aviation group Deutsche Lufthansa AG's (DLAKY, DLAKF) subsidiary, Germanwings, plan to strike this Friday, August 29 to attain their demands for better early retirement provisions. The pilots union Vereinigung Cockpit said that all Germanwings flights between 6 a.m. and noon local time...

Responding to recent press speculation, CSR plc. (CSRE, CSRXF.PK, CSR.L), a provider of multifunction connectivity, audio, and location platforms, confirmed that it has received an approach regarding a possible offer for the company from Microchip Technology Inc. (MCHP). However, CSR said that it...

Chinese energy firm CNOOC Limited (CEO, CNU.TO) reported that its net profit for the six months ended June 30, 2014 declined 2.3% to RMB 33.59 billion from RMB 34.38 billion in the same period last year. Basic earnings per share were RMB 0.75, down from RMB 0.77 in the previous year. But, Oil & gas...

Telecom Italia S.p.A (TI, TIAOF.PK) has made a cash-and-share offer worth 7 billion euros, or $9.2 billion for French conglomerate Vivendi SA's (VIV.L, VIVEF.PK) Global Village Telecom or GVT unit in Brazil. The offer expires on September 10, 2014. Following Telecom Italia's announcement, Spanish...

SciClone Pharmaceuticals, Inc. (SCLN), and its partner BTG plc (BTG.L), Thursday said the China Food and Drug Administration has approved the registration of DC Bead for the embolization of malignant hypervascularized tumors. DC Bead is a novel treatment for liver cancer which is currently approved...

BTG plc (BTG.L) a specialist healthcare company, and its partner SciClone Pharmaceuticals, Inc. (SCLN) Thursday said the China Food and Drug Administration has approved the registration of DC Bead for the embolisation of malignant hypervascularised tumours. Earlier, BTG had granted SciClone exclusive...

Resource management firm Veolia Environnement S.A. (VE) Thursday reported first-half profit which increased, due mainly to revenue growth and lower finance costs. For the six months to June, net earnings attributable to the owners of the company totaled 151.1 million euros, up from 0.8 million euros...

Fielmann Aktiengesellschaft (FLMNF.PK) reported first-half result from ordinary activities, or pre-tax profit, of 107.17 million euros, compared to 92.32 million euros, prior year. Consolidated net income for the period was 75.58 million euros, compared to 65.82 million euros, a year ago. Basic earnings...

French producer of spirits and wines Pernod Ricard (PDRDF.PK, PDRDY.PK, PRN.L) posted 13% lower annual Group share of net profit of 1.02 billion euros, compared with last year's 1.17 billion euros, with full-year net profit dropping 14% year-over-year to 1.03 billion euros, from 1.19 billion euros. Year-over-year,...

Bouygues (BOUYY.PK) reported first-half net profit attributable to Group of 410 million euros, compared to 188 million euros, a year ago. Earnings per share from continuing operations was 1.26 euros, compared to 0.59 euros. Net profit attributable to the Group before exceptional items was 60 million...

Japanese automaker Honda Motor Co. Ltd. (HMC) reported Thursday that its worldwide production for the month of July 2014 improved by 7.2% year-over-year to 363,497 units. For the recent month, production in Japan jumped by 27.9% to 84,898 units, and up by 2.2% outside Japan totaling 278,599 units. On...