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Airtel has teamed up with Swedish mobile network equipment maker Ericsson (ERIC) to deliver a new, nationwide Long Term Evolution or LTE 800 MHz network and to meet growing customer demand for mobile broadband services while delivering superior network performance. This is Airtel's first commercial LTE...

Samsung Electronics (SMSN.L, SSNNF.OB, SSNLF.OB) announced its plan to repurchase common and preferred stocks over a period between 27 November 2014 and 26 February 2015. The company expects to repurchase 1.65 million common stock, and 250 thousand preferred stock under the program. Estimated total purchase...

SeaDrill Limited (SDRL), an offshore drilling contractor, Wednesday said third-quarter net income attributable to the parent fell to $149 million from $286 million in the previous year. Earnings per share dropped to $0.31 from $0.60. On average, 24 analysts polled by Thomson Reuters expected earnings...

Japanese auto major Toyota Motor Corp. or TMC (TM, TYT.L) and its unit, Toyota Technical Development Corp. or TTDC, have agreed to reorganize TTDC January 1, 2016, integrating TTDC's vehicle R&D business, including vehicle engineering, testing and prototype-building, together with nearly 5,000 TTDC employees,...

Swedish automaker Volvo AB (VOLVY.PK) Wednesday said it is renewing its partnership with a new ambitious commitment to the World Wide Fund or WWF for Nature's Climate Savers programme. The company has promised to reduce emissions from vehicles and production during the 2015 to 2020 period. In addition...

EE Ltd., Guarantor of the EE Finance Plc 3.0 billion pounds EMTN Programme, announced that its shareholders, Deutsche Telekom AG (DTEGY.PK) and Orange SA (ORAN), have issued a statement today. Deutsche Telekom AG and Orange SA, the joint shareholders of EE Ltd., regularly analyse the development of...

Plumbing and heating products distributor Wolseley Plc (WOSCF.PK, WOS.L, WOSYY.PK) reported revenue from the ongoing businesses of 3.51 billion pounds for the first quarter, which is 9.8% ahead of last year at constant exchange rates and 6.6% ahead on a like-for-like basis including 0.9% price inflation....

China Nepstar Chain Drugstore Ltd. (NPD) reported a wider third-quarter 2014 net loss of RMB13.1 million, or $2.1 million, versus a loss of RMB4.7 million last year. Loss per share was RMB0.13 per ADS, compared with a loss of RMB0.05 per ADS a year ago. For the quarter ended September 30, 2014, revenue...

UBS Group AG and UBS AG (UBS) announced the definitive interim results of the extended initial acceptance period of the share-for-share exchange offer and the start of the additional acceptance period. All offer conditions were satisfied or waived as at the close of the initial acceptance period. Consequently,...

Electric utility Avista Corp. (AVA) late Tuesday announced that it has received approval, with minor changes, from the Washington Utilities and Transportation Commission or UTC on the all-party settlement agreement that was filed on August 18. The approval concludes the company's electric and natural...

Railroad freight car equipment maker Greenbrier Companies, Inc. (GBX) announced late Tuesday the promotion of Jack Isselmann to Senior Vice President, External Affairs & Programs. Isselmann joined Greenbrier in 2012 as Director of Corporate Relations and Communications. Last year, he was promoted...

Quotient Ltd. (QTNT), a commercial-stage diagnostics company, announced signing agreements to issue to certain subscribers 2 million ordinary shares at $9.50 per share and 850,000 pre-funded warrants at $9.49 per warrant, exercisable for up to 850,000 ordinary shares at $0.01 per ordinary share. The...

MDU Resources Group, Inc. (MDU) said it has named Jason Vollmer to the position of treasurer and director of Cash and Risk Management, effective November 29, to replace Douglass Mahowald, who will retire after nearly 33 years with the company. Vollmer joined MDU Resources in 2005 as a financial analyst....

RealtyTrac, a source for housing data, released its October 2014 Residential & Foreclosure Sales Report, which showed the median sales price of U.S. single family homes and condos in October was $193,000, up 2 percent from the previous month and up 16 percent from a year ago to the highest level since...

Tableau Software (DATA) issued an update on its growth in the Europe, Middle East, and Africa (EMEA) region. For the third quarter of 2014, the company reported 100 percent revenue growth in EMEA, year-over-year. In addition, the firm has reached more than 5,000 customer accounts in over 90 countries...