News Highlights: Top Equities Stories of the Day
December 01 2015 - 9:15PM
Dow Jones News
Yahoo Board to Weigh Potential Sale of Internet Business -- 2nd Update
Yahoo Inc.'s board is planning a series of meetings this week to
consider selling off the company's flagging Internet businesses and
how to make the most of its valuable stake in Chinese e-commerce
powerhouse Alibaba Holding Group Ltd. (published 0151 GMT)
Top Hong Kong Regulator Peter Pang Referred Son for J.P. Morgan Internship
A top official at a Hong Kong regulator investigating J.P.
Morgan Chase & Co.'s Asian hiring program is listed in an
internal J.P. Morgan document as having referred his son for an
internship there. (published 0243 GMT)
Metro Pacific Secures PHP16.5 Bln Loans for Projects
Metro Pacific Investments Corp. said Wednesday it secured loans
from two local banks totaling 16.5 billion pesos to finance various
projects and for other corporate purposes. (published 0150 GMT)
British Oil-Deals Maven John Browne Returns to the Field
One of the energy industry's best-known deal makers is quietly
making a comeback, even as oil prices continue to slump. (published
0142 GMT)
Fittec International Group Sells China Base Group HK$535.3 Mln Worth of Shares
Fittec International Group Ltd. said after trading hours Tuesday
that it will sell China Base Group a majority of its issued share
capital and that China Base Group must make a mandatory cash offer
for the remaining shares it does not own. (published 0142 GMT)
Innovative Pharmaceutical Biotech: Issues HK$600 Mln of New Shares
Innovative Pharmaceutical Biotech Ltd. said before trading hours
Wednesday it would issue shares worth 600 million Hong Kong dollars
to Ming Travel International Travel Investment Holdings Ltd. to
raise funds. (published 0129 GMT)
Yahoo Board to Weigh Potential Sale of Internet Business -- Update
The fate of troubled Internet portal Yahoo Inc. may be decided
in a marathon series of board meetings this week. (published 0036
GMT)
Car Inc: Major Shareholder Hertz Holdings Disposes of HK$1.06 Bln Worth of Car Shares
Car Inc. said a major shareholder, Hertz Holdings Netherlands
B.V., has trimmed its stake in the vehicle-leasing company, selling
shares worth HK$1.06 billion . (published 0049 GMT)
Morgan Stanley Investors Pushed for Cuts
Morgan Stanley's decision to cut hundreds of jobs in its
fixed-income division followed a series of meetings with
shareholders in which they questioned why the firm hadn't moved
more aggressively to shed costs in the division, according to
people familiar with the matter. (published 0033 GMT)
Sihuan Pharmaceutical Holdings: Non-Executive Director Zhang Jionglong Arrested
Pharmaceutical company Sihuan Pharmaceutical Holdings Group Ltd.
said before trading hours Wednesday that a non-executive director
Zhang Jionglong was arrested by Hong Kong's Independent Commission
Against Corruption and subsequently released without charges.
(published 0031 GMT)
(END) Dow Jones Newswires
December 01, 2015 22:00 ET (03:00 GMT)
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