News Highlights: Top Equities Stories of the Day
June 30 2016 - 1:15AM
Dow Jones News
Hungary's Richter Pays $193.8 Million for Finox Holding -- Update
Hungary's largest drug maker Richter Gedeon Nyrt. said Thursday
it bought Swiss privately-owned biotech firm Finox Holding to
expand its women's healthcare drug portfolio and increase its
presence in the biosimilar drug market. (published 0555 GMT)
Triangle USA Petroleum Commences Restructuring With Strong Support From Majority of Noteholders
Triangle Petroleum Corp. unit Triangle USA Petroleum Corp.
Thursday said it filed for Chapter 11 bankruptcy in Delaware as it
looks to restructure its balance sheet. (published 0450 GMT)
Bombardier Delivers First CSeries Jet as It Takes on Boeing, Airbus
Bombardier Inc. on Wednesday delivered its first CSeries jet to
launch operator Swiss International Air Lines, marking the
company's emergence as a direct competitor to the big U.S. and
European plane makers. (published 0348 GMT)
Global-Estate Resorts to Spend PHP10 Bln to Build Five Hotels
Global-Estate Resorts Inc. said Thursday it will spend 10
billion pesos to build five hotels, mostly in Boracay, the central
Philippine island famed for its powdery, white sand beaches.
(published 0224 GMT)
Rio Tinto Walks Away From Closed Bougainville Copper Mine
Rio Tinto PLC said it is walking away from a closed copper mine
on the South Pacific island of Bougainville that was at the center
of a decadelong civil war, transferring its controlling stake to an
independent trustee. (published 0149 GMT)
China Huishan Dairy Holdings Net Profit for Year Ended March CNY824.6 Mln
China Huishan Dairy Holdings Co. Ltd. reported lower net profit
but higher revenue for the year ended March. (published 0123
GMT)
Shanghai Fosun Pharmaceutical (Group) Approves Listing of 66.2%-Owned Sisram Medical
Shanghai Fosun Pharmaceutical Co. Ltd. said after trading hours
Wednesday that it has approved the listing of its 66.2% unit Sisram
Medical on the Hong Kong Stock Exchange. (published 0116 GMT)
Fed Signals It Expects Continued Improvement From Biggest Banks
Buried in the fine print of Wednesday's stress-test results by
the Federal Reserve was a warning to the 16 largest banks: There is
room for improvement. (published 0115 GMT)
Following GE's Lead to Peel Off SIFI Label Isn't a Given, Treasury's Lew Says
Other large U.S. financial firms might not be able to follow the
path used by GE Capital, General Electric Co.'s finance arm, to
shed its designation as a "systemically important financial
institution," Treasury Secretary Jacob Lew said in an interview
Wednesday. (published 0052 GMT)
China BlueChemical Expects to Swing to Net Loss for Six Months Ended June
China BlueChemical Ltd. said after trading hours Wednesday that
it expects to swing to a net loss of between 150-200 million yuan
for the six months ended June due to lower prices for its products
and lower production volume. (published 0039 GMT)
EVA Precision Industrial Holdings Expects Net Profit for Jan-June to Decline by at Least 80%
EVA Precision Industrial Holdings Ltd. said after trading hours
Wednesday that it expects net profit for the six months ended June
to decline at least 80% due in part to slowing orders. (published
0027 GMT)
Guodian Technology & Environment Group: Shao Guo Yong Resigns as Chairman
Guodian Technology & Environment Group Corp. Ltd. said after
trading hours Wednesday that Shao Guo Yong has resigned as
chairman. (published 0017 GMT)
(END) Dow Jones Newswires
June 30, 2016 02:00 ET (06:00 GMT)
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