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Verizon close to announcing digital streaming deal with NFL: Bloomberg
(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familiar with the matter.
U.S. rejects Ford petition to delay recall of three million vehicles
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recalling about 3 million vehicles with potentially defective air bag inflators to conduct additional testing.
Global banks flag concerns over U.S. Senate tax proposal
Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry. Banks initially looked to be one of the major winners of Republican lawmakers' efforts to overhaul the U.S. tax code, and publicly they have been very supportive.
BRIEF-New Residential Investment says co, 3 units, Deutsche Bank National Trust, others amended series 2015-VF1 ...
New Residential Investment Corp(NRZ). * New Residential Investment(NRZ) says on Nov 15, co, 3 units, Deutsche Bank National Trust, others amended series 2015-VF1 indenture supplement - SEC Filing.
Gulf carriers may be in focus under foreign airline U.S. tax exemption cut
A U.S. congressional proposal that would eliminate income tax exemptions for certain airlines could affect major Gulf carriers, potentially worsening an international spat between U.S. airlines and their Middle East rivals. U.S. airlines have been petitioning the federal government for years to intervene in what they see as unfair competition by the three major Gulf carriers.
NPR changes leadership as harassment issues linger
National Public Radio elected new leadership on its board of directors on Thursday as the organizations deals with sex harassment issues that led to its top news executive recently being ousted.
BRIEF-Matthews International Q4 earnings per share $0.60
Matthews International Corp(MATW). * Matthews International(MATW) reports earnings for the fiscal year ended September 30, 2017. * Q4 earnings per share $0.60. * Q4 sales $396.1 million versus I/B/E/S view $389.7 million. * Q4 earnings per share view $1.09 -- Thomson Reuters I/B/E/S. * Q4 adjusted non-GAAP earnings per share $1.06 Source text for Eikon: Further company coverage:
BRIEF-Haynes International reports Q4 loss per share $0.30
Haynes International Inc(HAYN). * Haynes International, Inc.(HAYN) reports fourth quarter fiscal 2017 financial results. * Q4 revenue $100.8 million versus I/B/E/S view $100.2 million.
Oil climbs in electronic trade as ISDA rules that PDVSA and Venezuela defaulted on debts
The International Swaps and Derivatives Association ruled Thursday that Venezuela, as well as state oil company Petróleos de Venezuela SA, defaulted on their debts. ISDA's determination committee will reconvene on Nov. 20 to make a decision on how credit-default swaps, which can be used to protect against nonpayment, will be settled, according to a report from the Financial Times. "This is an evolving story," said Phil Flynn, senior market analyst at Price Futures Group. "The default is clear and there is a real risk that this will lead to a dramatic drop in [Venezuelan] oil production that is well below 2 million barrels a day right now," he said. "This should make it more difficult for refiners to get caught up on distillate supply that is well below normal in the U.S. and Mexico. Not great news at all and [this] will be another reason to not be bearish on crude." December West Texas Intermediate crude was at $55.26 a barrel in electronic trading, above the $55.14 Thursday settlement on the New York Mercantile Exchange.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.
BRIEF-Lennox International says Lpac, co entered into amendment to amended, restated receivables purchase agreement initially dated Nov 18, 2011
* Lennox International - as of Nov 13, Lennox, Lpac, co
into amendment to amended, restated receivables purchase
agreement initially dated nov 18, 2011
BRIEF-Corium reports Q4 loss per share $0.36
Corium International Inc(CORI). * Corium reports fourth quarter and fiscal year 2017 financial results and corporate highlights. * Q4 loss per share $0.36. * Q4 revenue $9.4 million versus I/B/E/S view $9.5 million.
A self-made billionaire shares secrets for starting a business — and succeeding
Clay Mathile became a self-made billionaire by growing Iams into a national pet food giant. Now he's trying to help entrepreneurs get their own start.
Belgium's Bpost finalises purchase of U.S. e-commerce firm Radial
BRUSSELS, Nov 16 (Reuters) - Bpost, Belgium's
national postal deliverer, said on Thursday it had finalised the
purchase of U.S.-based e-commerce service provider Radial
BRIEF-Fannie Mae re-enters low-income housing tax credit market
Federal National Mortgage Association :. * Says will resume low-income housing tax credit activities to provide reliable source of capital for affordable rental housing, underserved markets. * Says Federal Housing Finance Agency approved co's re-entry into LIHTC market as an equity investor effective immediately Source text for Eikon: Further company coverage:
LPC: US loan issuers lean on bond market to refinance parts of jumbo loans
US companies with rocky histories in the leveraged loan market, including vitamin and supplement retailer GNC Holdings Inc (GNC), weight loss company Weight Watchers International (WTW) and specialty drug maker Valeant Pharmaceuticals International, are turning to the high-yield bond market to help refinance large existing loans, sources said.
BRIEF-MATTHEWS INTERNATIONAL SETS INCREASED QUARTERLY DIVIDEND OF $0.19/SHR
Matthews International Corp(MATW): * MATTHEWS INTERNATIONAL INCREASES QUARTERLY DIVIDEND.
National Australia Bank sacks bankers over home-loan inaccuracies
National Australia Bank(NAUBF) said on Thursday it had fired 20 bankers and reprimanded dozens more for submitting home-loan applications that had inaccurate or incomplete customer information. The bank said it had found around 2,300 home loans since 2013 that "may not have been established in accordance with NAB's policies," after an extensive review.
Brexit deters some international staff from London tech firms - survey
LONDON, Nov 16 (Reuters) - One in three tech companies in
London have seen talks with potential international hires fall
through due to Britain's decision to leave the European Union,
according to a survey from industry body Tech London Advocates.
Libya's NOC opening U.S. purchase office as it pursues Trump support
HOUSTON, Nov 15 (Reuters) - Libya's National Oil Corp plans
to open a U.S. procurement office, its first international
facility since a 2011 revolt left the country in disarray, to
expand suppliers and convince the Trump administration to
support its oil sector.
Lockheed's CH-53K helicopter to make global debut at Berlin air show-sources
The U.S. military has approved Lockheed Martin Corp's (LMT) new CH-53K heavy-lift helicopter to fly at the Berlin air show next April, according to two sources familiar with the programme. It will mark the CH-53K's international debut at time when a German helicopter competition could start heating up again.
Petrobras CEO to discuss refining partnership with CNPC CEO this month
Petrobras Chief Executive Officer Pedro Parente said he will meet this month with the CEO of China National Petroleum Corp in Brazil to discuss the details of their partnership to build a refinery complex in Rio de Janeiro. Parente told reporters on the sidelines of a conference in New York that the stake CNPC will have in the complex is not yet defined.
2 airlines drop hot food from LAX caterer hit by listeria
Delta Air Lines and Virgin Australia have stopped using a caterer at Los Angeles International Airport after listeria was found in the caterer's local kitchen.
UCLA players in Los Angeles after Trump seeks help from China's Xi
Three UCLA basketball players detained in China on suspicion of shoplifting arrived back in the United States on Tuesday after U.S. President Donald Trump said he had sought the help of Chinese President Xi Jinping in the case. The players landed at Los Angeles International Airport on a flight from Shanghai Tuesday evening, their heads down.
Oil prices slide after IEA casts doubt over demand outlook
SINGAPORE (Reuters) - Oil prices tumbled on Wednesday, continuing Tuesday's slide after the International Energy Agency cast doubts over the past months' narrative of tightening fuel markets.
Apple leads way in tracing cobalt from Congo, Microsoft lags - Amnesty
LONDON, Nov 15 (Reuters) - Apple is leading the way
in tracing cobalt used in its electronics to ensure the metal
has not been mined by children in Democratic Republic of Congo
while Microsoft is lagging, Amnesty International said.
U.S. oil prices slide after IEA casts doubt over demand outlook
U.S. oil prices tumbled on Wednesday, continuing Tuesday's slide after the International Energy Agency cast doubts over the past few months' narrative of a tightening fuel market. U.S. West Texas Intermediate crude was at $55.10 per barrel, down 60 cents, or over 1 percent. Brent crude futures were yet to trade.
Start-up at Mexico's top refinery has begun, still no output
Mexico's national oil company Pemex's biggest refinery has begun bringing plants back online following a prolonged stoppage caused by a major earthquake in September, a company spokesperson said on Tuesday. A partial start-up of the facility's plants began last week at the Salina Cruz refinery, located along the Pacific coast of southern Oaxaca state.
Bill Ackman's Pershing Square builds up major stake in ADP
Bill Ackman's Pershing Square Capital Management built up its position in Automatic Data Processing Inc. to 8.8 million shares at the end of September from 179,394 three months earlier as part of Ackman's failed proxy battle. Earlier this month, shareholders of ADP sided with the management and rejected the hedge-fund manager's attempt to secure three seats on the board. Pershing, however, trimmed its stake in Restaurant Brands International to 26.5 million shares versus 39.2 million at the end of June and cut its holding in Mondelez International Inc. to 13.93 million versus 14.5 million shares previously. The hedge fund's positions in other companies, including Chipotle Mexican Grill Inc. , were mostly unchanged. 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.
BRIEF-Martinrea International Q3 adjusted earnings per share C$0.42
* Martinrea International Inc. reports record third quarter
earnings, strong margin improvement and announces dividend
Carl Icahn's portfolio little changed under conflict-of-interest questions
Billionaire investor Carl Icahn did very little trading in the past quarter as he fell under conflict-of-interest scrutiny for his time as an adviser to President Donald Trump. In a late Tuesday Securities and Exchange Commission filing, Icahn's holdings were virtually unchanged from the previous quarter, save for a 14-million-share reduction in Freeport-McMoRan Inc. to 77.2 million shares and a reduction of about 21,000 shares in American International Group Inc. in a position of about 43 million shares. Recently, Icahn faced questions from federal prosecutors over his advisory role to Trump. In August, Virginia Rep. Don Beyer accused Icahn of "profiting off of the public trust and taxpayer dollars." 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.
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