British bank Barclays on Thursday said an overwhelming majority of its shareholders had approved the sale of investment management unit BGI to US fund manager Blackrock.
(Corrects Street view to 26 cents from 36 cents)
Comcast Corp , the No. 1 U.S. cable operator, reported higher quarterly profit on Thursday due to improved cost controls and a tax gain, but lost basic video subscribers as it was hurt by the weak economy and competition from phone and satellite operators.
India will examine a uniform domestic price for natural gas, which is now sold at rates ranging from $1 to $5.73 per million British thermal units (mBtu) depending on source, Oil Minister Murli Deora said on Thursday.
Danish drugmaker Novo Nordisk reported forecast-beating second-quarter profit and raised its guidance but disappointed investors by not giving more solid news on the U.S. approval process for its new diabetes drug.
The directors of Canadian Hydro Developers said on Thursday they are actively considering other options as they again urged shareholders to reject an unsolicited bid by TransAlta Corp.
China Metallurgical Group plans to seek dual listings in Hong Kong and Shanghai as early as September to raise up to $4 billion, said sources with direct knowledge of the deal, which could be the world's second-largest fundraising this year.
Comcast on watch, Costco looks down, First fruits of Chrysler-Fiat
British cable operator Virgin Media lost twice as many customers as expected in the second quarter but pushed their average spend to a record high, keeping revenues flat and in line with market expectations.
- Costco Wholesale Corp on Thursday reported a bigger-than-expected 7 percent fall in July same-store sales hurt mainly by a strong U.S. dollar.
Media conglomerate News Corp posted a quarterly net loss on Wednesday after taking charges in some of its units, including the one that houses the MySpace online social network.
Brazilian stock and debt sales slumped 45 percent in the first seven months of 2009 as local capital markets reeled from the impact of the global credit crisis, the nation's securities industry association said on Wednesday.
A unit of energy and commodities trader Noble Group Ltd won the bankruptcy auction to buy assets of SemGroup Ltd's SemFuel unit for $65.5 million, according to court documents.
Global hotelier Hyatt Hotels Corp is seeking to raise up to $1.15 billion in an initial public offering, according to a regulatory filing on Wednesday.
General Motors Co is on track to sell shares in an initial public offering as soon as 2010, before Chrysler , the the Obama administration's autos task force said on Wednesday.
Rupert Murdoch's News Corp reported an 11 percent drop in quarterly revenue on falling advertising sales at its local TV stations and newspapers, but said it expects modest improvement in coming months.
Chinese iron ore stockpiles are receding to more normal levels, global miner BHP Billiton Ltd said on Wednesday, adding a cautious note to its outlook for one of the world's hottest commodities.
Apple passed an important milestone last quarter that nobody on Wall Street seems to have noticed: the iPod, once Apple's No. 1 source of revenue, fell into third place after the Mac (No. 1) and the iPhone (No. 2), Fortune's Philip Elmer-DeWitt said on Wednesday.
SL Green Realty Corp on Tuesday announced it has refinanced its headquarters building in New York for $145 million.
A federal appeals court has upheld a previous ruling that pharmaceutical giant Bayer Schering's U.S. patent for its Yasmin oral contraceptive is invalid, opening the way for Barr Laboratories Inc to sell a generic version.
Google Inc said it would acquire video compression software maker On2 Technologies Inc for $106.5 million, stepping up efforts to foster the spread of Internet video.
Agrium Inc posted a better than expected quarterly profit on Wednesday thanks to strong sales of seed and crop protection chemicals, sending its shares higher along with those of its peers.
Casino operator Boyd Gaming Corp said Wednesday that quarterly profit fell 41 percent as consumers spent less, particularly at its Las Vegas properties.
General Motors Co and Magna International Inc have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
American Axle & Manufacturing Holdings Inc reported a bigger-than-expected quarterly loss on Wednesday due to steep production cuts by automakers and said it remained uncertain whether it could complete a debt restructuring outside of bankruptcy.
General Motors and Magna have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
Who ever said China's loss of face over Chinalco's collapsed $19.5 billion Rio Tinto tie-up bid would curb the country's hunger for Australian natural resources?
Merck & Co and Schering-Plough Corp will pay $41.5 million to settle class-action lawsuits over their shared cholesterol drugs Vytorin and Zetia, the companies said on Wednesday.
Petrobank Energy and Resources Ltd said it would buy TriStar Oil & Gas Ltd in a cash and stock deal worth about C$2.24 billion, to form PetroBakken Energy Ltd, a Bakken-focused light-oil producer.
U.S. private equity firm Platinum Equity won permission from European Union antitrust authorities on Wednesday to acquire control of bankrupt U.S. auto parts maker Delphi Corp.
