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  • 02/18/2018 22:31:42

    Trump India 'dinner and chat' property offer criticised

    A newspaper advertisement offers property buyers conversation and a meal with Donald Trump Jr.

  • 02/16/2018 00:02:06

    Volkswagen's Audi unit head Stadler to leave in April: Bild

    The chief executive of Volkswagen's luxury unit Audi, Rupert Stadler, will be replaced in April because of his unsuccessful handling of the diesel emissions scandal, German daily Bild reported on Friday. VW unit Skoda's head Winfried Vahland is seen as the top candidate to succeed him, the paper added. Audi was not immediately available for comment.

  • 02/15/2018 14:25:53

    China's Treasury holdings in 2017 climbed by the most in seven years

    China's holdings of U.S. government paper rose the most in seven years last year, according to recently published data from the widely-watched Treasury International Capitol Report. The second-largest economy's stockpile of Treasurys climbed more than $120 billion in 2017 to $1.185 trillion as of December. As pressure on the yuan abated last year, it began to accumulate U.S. government paper. The People's Bank of China buys Treasurys, a mainstay of its foreign-exchange reserves, to stabilize the currency . Earlier in January, reports suggested the Chinese government would diversify away from U.S. bonds amid a flare-up in its trade relations. The reports were later refuted, but underlined bond investors' concerns the U.S. was ramping up issuance of debt at a time when its largest foreign holder appeared unwilling to absorb this increase in supply.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/15/2018 12:52:01

    BRIEF-Verso Announces Plans To Restart Paper Machine In Jay, Maine

    Verso Corp(VRS): * VERSO ANNOUNCES PLANS TO RESTART PAPER MACHINE IN JAY, MAINE. * Verso Corp(VRS) - ‍ESTIMATED TOTAL CAPITAL COST OF PROJECT IS $17 MILLION​. * Verso Corp (VRS) - ‍PLANS TO UPGRADE SHUTTERED PULP LINE AND NO.

  • 02/14/2018 13:07:34

    Berkshire's Munger urges regulators to ease up on Wells Fargo

    Charlie Munger, the longtime business partner of fellow billionaire Warren Buffett, said on Wednesday it is time for regulators to "let up" on Wells Fargo & Co (WFC), which was barred this month from asset growth until it addresses a series of problems. Munger spoke at the annual meeting of Daily Journal Corp (DJCO), the Los Angeles-based newspaper publisher he chairs.

  • 02/10/2018 15:57:57

    UK's Tesco is plans a chain of discount stores -Sunday Times

    Supermarket group Tesco (TSCDF), Britain's biggest retailer, is planning a chain of cut-price stores to counter the growth of discount rivals Aldi and Lidl, the Sunday Times newspaper reported. The paper said Tesco (TSCDF) was understood to be developing a separate brand that would match its German competitors on price with a more limited range than in its main stores.

  • 02/10/2018 15:56:54

    UK's Tesco is planning a chain of discount stores: Sunday Times

    LONDON (Reuters) - Supermarket group Tesco, Britain's biggest retailer, is planning a chain of cut-price stores to counter the growth of discount rivals Aldi and Lidl, the Sunday Times newspaper reported.

  • 02/10/2018 09:01:09

    EU says Bayer Monsanto must not hurt competition in digital farming: paper

    FRANKFURT (Reuters) - Bayer needs to ensure that a merger with rival Monsanto does not stifle competition in digital farming, the European Union's Competition Commissioner Margrethe Verstager told a German newspaper on Saturday.

  • 02/09/2018 13:51:52

    Pharmacy-benefit manager stocks pressured as White House calls for lower biotech prices

    Shares of pharmacy-benefit managers fell Friday after the White House released a paper pushing for lower biotech drug prices. Shares of Express Scripts Holding Co. (ESRX) declined 2.8%, CVS Health Corp. (CVS) shares slipped 1.5%, while shares of UnitedHealth Group Inc. (UNH), with its OptumRx PBM business, swung from a slight loss to be up 0.5%. On Friday, the White House's Coucil of Economic Advisers released a white paper entitled "Reforming Biopharmaceutical Pricing at Home and Abroad" which...

  • 02/09/2018 00:15:19

    Trinity Mirror buys Express newspaper from Richard Desmond

    The Daily Mirror owner agrees to buy the Express group, which includes OK magazine and the Daily Star.

  • 02/06/2018 21:47:00

    Tronc expected to sell Los Angeles Times: source

    Tronc, the owner of the Los Angeles Times, is expected to announce a sale of the newspaper to billionaire biotech investor Patrick Soon-Shiong, a source familiar with the matter said.

  • 02/06/2018 18:03:58

    Tronc to sell Los Angeles Times: source

    - Tronc Inc (TRNC) , the owner of the Los Angeles Times, is expected to announce a sale of the newspaper to billionaire biotech investor Patrick Soon-Shiong, a source familiar with the matter said. Soon-Shiong, a major shareholder in Tronc (TRNC) and chief executive of NantHealth Inc , will also buy the Times' sister newspaper, the San Diego Union-Tribune, the source said.

  • 02/06/2018 17:55:14

    Sale of Los Angeles Times to billionaire being negotiated

    The owner of the Los Angeles Times is in talks to sell the newspaper to a billionaire medical entrepreneur.

  • 02/06/2018 15:46:09

    Owner of Los Angeles Times to sell the paper - Washington Post

    Tronc Inc(TRNC), the owner of the Los Angeles Times, is expected to announce it is selling the newspaper, the Washington Post reported on Tuesday, citing people familiar with the matter. The buyer is Patrick Soon-Shiong, a Los Angeles-area physician and a major shareholder in Tronc(TRNC), according to the report.

  • 02/06/2018 15:45:15

    REFILE-Owner of Los Angeles Times to sell the paper - Washington Post

    Feb 6 (Reuters) - Tronc Inc, the owner of the Los Angeles Times, is expected to announce it is selling the newspaper, the Washington Post reported on Tuesday, citing people familiar with the matter.

  • 02/06/2018 15:30:07

    Tronc to sell Los Angeles Times to major shareholder: report

    Tronc Inc. is expected to announce it has sold the Los Angeles Times, capping years of disagreements over the direction of the newspaper, according to a Washington Post report on Tuesday citing people familiar with the media company's plans. The newspaper has been sold to Patrick Soon-Shiong, a Los Angeles-area physician and entrepreneur as well as major Tronc shareholder, the report said. The San Diego Union-Tribune is also part of the deal, according to the report. Last month, it emerged that Tronc is investigating Ross Levinsohn, the LA. Times publisher and chief executive, following allegations of sexual harrassment and misconduct, and the newsroom voted to unionize. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/06/2018 14:28:05

    Chipotle beats Q4 expectations as even avocado prices helped

    Shares of Chipotle Mexican Grill Inc. fell 1.1% late Tuesday after the fast-casual restaurant chain reported quarterly per-share profits above expectations and said it was "starting to see some success" after implementing changes. Shares had initially gained. Even avocado prices let up, further helping Chipotle's bottom line. The company said it earned $43.8 million, or $1.55 a share, in the fourth quarter, compared with $16 million, or 55 cents a share, in the fourth quarter of 2016. The net income included a $6 million, or 21 cents a share, benefit from the U.S. tax overhaul, Chipotle said. Sales rose 7.3% to $1.1 billion, driven by new-restaurant openings and to a lesser extent by a 0.9% increase in comparable-restaurant sales, the company said. Analysts polled by FactSet had expected earnings of $1.32 a share on sales of $1.11 billion. The rise in comparable-restaurant sales was due to an increase in the average check, including a 2.4% impact from menu price increases for some restaurants in the second and fourth quarters, partially offset by a decrease in transactions, the company said. Food costs were 34% of revenue, but less than in the fourth quarter of 2016 thanks to the price increases, cost savings in paper and packaging products, and relief in avocado prices during the fourth quarter of 2017 compared to the fourth quarter of 2016. The company said it expects an increase in comparable-restaurant sales in the low single digits in 2018 and the opening of 130 to 150 new restaurants. Shares had ended the regular trading session up 1.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/05/2018 14:49:38

    BRIEF-Clearwater Paper Sees Q1 2018 Adj. EPS 49-79 cents

    Clearwater Paper Corp(CLW): * SEES Q1 2018 ADJUSTED EARNINGS PER SHARE $0.49-$0.79 - SEC FILING‍​. * SEES Q1 2018 EARNINGS PER SHARE $0.28 TO $0.59. * SEES Q1 2018 NET SALES LOWER 2-3 PCT. * Q1 EARNINGS PER SHARE VIEW $0.88 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

  • 02/05/2018 14:31:47

    Gov. Scott Walker: Give Kimberly-Clark Foxconn-style deal to keep paper plants open

    Wisconsin Gov. Scott Walker called Monday for giving paper maker Kimberly-Clark some Foxconn-sized job incentives to avoid the closure of plants.        

  • 02/05/2018 11:47:29

    Foxconn incentives cost more than other Wisconsin job deals

    A newspaper analysis says luring a new Foxconn factory will cost Wisconsin more than eight times as much per job as other similar job creation deals in the past year.

  • 02/02/2018 13:23:12

    Wall Street's 'fear gauge' hits highest level in more than a year at 17.60

    A measure of Wall Street volatility on Friday rose sharply, hitting its highest level in more than a year as equity benchmarks tumbled and as the 10-year Treasury notes extended its 5-day climb above 2.8%--its highest level in more than four years. The CBOE Volatility Index was up at 17.60, up more than 30%, a level that puts the volatility gauge at its loftiest level since Nov. 4, 2016, according to FactSet data. For the week, the so-called fear index was on track for a weekly rise of about 59%, which would represent its sharpest climb since Dec. 11, 2015. The VIX uses bullish and bearish option bets on the S&P 500 index to reflect expected volatility over the coming 30 days, and it typically rises as stocks fall. However, the gauge, sometimes referred to as the fear index, has been abnormally low, trading below its historical average at around 20. A weeklong rise in 10-year Treasury note yield above 2.84% on Friday after an upbeat jobs report stoked fears of rate hikes and rising inflation, helped propel yields higher. Rising rates can undercut appetite for stocks if government paper offer richer yields than risk assets like stocks. The Dow Jones Industrial Average was down 550 points, or 2.1%, eyeing its worst weekly decline in two years, the S&P 500 index slumped 1.8% at 2,772, while the Nasdaq Composite Index are off 1.5% at 7,274. The rise in the VIX implies that volatility in otherwise subdued markets is beginning to make a comeback. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/02/2018 12:35:58

    Connecticut paper claps back at Rhode Island paper's dis

    The biggest newspapers in Connecticut and Rhode Island are feuding over which state is worse.

  • 02/02/2018 10:33:16

    Volatile enough? Wall Street's fear gauge on track for largest weekly rise in 5 months

    A measure of Wall Street volatility on Friday rose sharply, putting it on track for its largest weekly gain in more than 5 months as U.S. equity benchmarks tumbled and as the 10-year Treasury notes extended its 5-day climb above 2.8%--its highest level in more than four years. The CBOE Volatility Index was up at 15.22, up 12%, on track for a weekly rise of about 37%, which would represent its sharpest climb since Aug. 11, 2017, according to FactSet data. The VIX uses bullish and bearish option bets on the S&P 500 index to reflect expected volatility over the coming 30 days, and it typically rises as stocks fall. However, the gauge, sometimes referred to as the fear index, has been abnormally low, trading below its historical average at around 20. A weeklong rise in 10-year Treasury note yield above 2.84% on Friday after an upbeat jobs report stoked fears of rate hikes and rising inflation, helped propel yields higher. Rising rates can undercut appetite for stocks if government paper offer richer yields than risk assets like stocks. The Dow Jones Industrial Average was down 334 points, or 1.3%, eyeing its worst weekly decline in two years, the S&P 500 index slumped 0.9% at 2,796, while the Nasdaq Composite Index are off 0.8% at 7,329. The rise in the VIX implies that volatility in otherwise subdued markets its beginning to make a comeback. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/01/2018 21:46:44

    18 hurt in Shanghai van crash; police say accident, not terror attack: reports

    A minivan plowed into pedestrians in downtown Shanghai, China, on Friday, according to media reports, injuring at least 18 people. At least three of those are in critical condition, the state-run People's Daily newspaper reported. The incident, apparently an accident, happened at a busy intersection by a Starbucks Corp. cafe near People's Park around 9 a.m. local time, according to reports. The People's Daily reported the van was carrying multiple gas cannisters inside, which burst into flames. Videos shared on social media show a brown van crashed into a tree, multiple victims sprawled motionless on a sidewalk, and firefighters dousing flames coming from the interior of the van. Authorities believe the incident was an accident, not a terror attack, the Associated Press reported, citing Shanghai police who said the driver was smoking while transporting gas cannisters.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/01/2018 21:08:24

    Sony CEO Hirai to be replaced by CFO - report

    Sony Corp CEO Kazuo Hirai will be replaced by Kenichiro Yoshida, currently the company's chief financial officer, effective April 1, the Nikkei newspaper reported on Friday. Hirai is likely to become chairman of the electronics and entertainment company, Nikkei said in its online edition.

  • 02/01/2018 21:07:33

    Sony CEO Hirai to be replaced by CFO: report

    TOKYO (Reuters) - Sony Corp CEO Kazuo Hirai will be replaced by Kenichiro Yoshida, currently the company's chief financial officer, effective April 1, the Nikkei newspaper reported on Friday.

  • 01/30/2018 14:11:40

    Wall Street's 'fear gauge' breaks above 14 for first time since August as stocks end lower

    A measure of volatility on Wall Street on Tuesday rose to its highest level in more than 5 months as U.S. equity benchmarks extended a slide as the yield in a 10-year Treasury notes hovered around its highest level in more than three years. The CBOE Volatility Index was up at 14.57, up about 5.4%, marking its highest level since Aug. 18, 2017, according to FactSet data. The VIX uses bullish and bearish option bets on the S&P 500 index to reflect expected volatility over the coming 30 days, and it typically rises as stocks fall. However, the gauge, sometimes referred to as the fear index, has been abnormally low, trading below its historical average at around 20. To be sure, it is still holding at a level below that historic mean but its recent pick up suggests that investors are betting that volatility will accelerate in the future. A rise in 10-year Treasury note yield above 2.72% on Monday also has drawn attention, because rising rates can undercut appetite for stocks if government paper offer richer yields than risk assets like stocks. The Dow Jones Industrial Average ended down 362 points at 26,076, the S&P 500 index slumped 1.1% at 2,822, while the Nasdaq Composite Index declined 0.9% at 7,402. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/30/2018 08:01:48

    Gene therapy stocks tank after leading scientist reveals safety concerns; Solid Bioscience down 15%

    Shares of gene therapy companies fell sharply Tuesday, after a report by a prominent scientist revealed the safety concerns that led him to resign recently from Solid Bioscience Inc.'s scientific advisory board. Gene therapy researcher James Wilson, a giant in the field, quit the board ahead of its IPO because of the possible risks of high systemic dosing of AAV, the company's delivery system, according to the company's IPO prospectus. Just hours before Solid Bioscience priced its IPO last week, it revealed that the U.S. Food and Drug Administration had placed a partial clinical hold on the company's lead product, SGT-001, a treatment for Duchenne muscular syndrome that involves high-dose AAV gene therapy. On Monday, Wilson and his team published a paper that revealed that monkeys and pigs used in an animal trial were sent into toxic crisis when given a high dose AAV delivery of a corrective gene. Solid Bioscience shares led the decliners, sliding 16%, AveXis Inc. shares were down 10% and Audentes Therapeutics Inc. shares slid about 4%. The S&P 500 was down 0.9%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/30/2018 02:36:07

    Leaked government Brexit paper suggests UK economic hit

    Brexiteers say other forecasts have been wrong and this one should be taken "with a pinch of salt".

  • 01/30/2018 00:51:04

    Any Brexit deal will hit UK economy - government paper

    A leaked paper suggests slower growth - but government sources say its preferred deal was not analysed.

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