Thursday, June 30, 2016

Nikkei rises for 5th day, marks biggest weekly gain since April

TOKYO, July 1 (Reuters) - Japan's Nikkei share average rose

on Friday for a fifth day as bargain hunting continued and risk

appetites remained solid after U.S. and European shares gained.

Read more

BRIEF-Valeant Pharmaceuticals announces new licensing arrangement for Brodalumab in Europe

July 1 (Reuters) - Valeant Pharmaceuticals International Inc

:

Read more

PRESS DIGEST- New York Times business news - July 1

July 1 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

BRIEF-IMCD acquires US Mutchler Inc. and Mutchler of Puerto Rico Inc.

* Acquires US specialty pharmaceutical ingredient

distributor Mutchler Inc. and Mutchler Of Puerto Rico Inc.

Read more

Mondelez's move on Hershey sends shivers through cocoa market

* Mondelez-Hershey merger would be world's largest cocoa

consumer

Read more

UPDATE 4-Indonesian group to buy 82.2 pct of copper-gold miner for $2.6 bln

* Legal case may hamper Indonesians' plan to fully own NNT

(Adds Sumitomo's sale value, stocks rally, background)

Read more

Pacific Alliance finance ministers eye financial integration

FRUTILLAR, Chile, June 30 (Reuters) - The Pacific Alliance

trade bloc must improve integration of financial systems to spur

investment in key areas such as infrastructure, finance

ministers from the...

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Nikkei rises for 5th day as risk appetites stay solid

TOKYO, July 1 (Reuters) - Japan's Nikkei share average rose

on Friday for a fifth day as bargain hunting continued and risk

appetites remained solid after U.S. and European shares gained.

Read more

BRIEF-Sumitomo Corp: To get $350 mln for sale of stake in Indonesia copper-gold mine

* to get 36 billion yen ($350 million) for sale of entire

stake in Indonesia copper-gold mine

Read more

Indonesia's inflation rate picks up to 3.45 pct in June

JAKARTA, July 1 (Reuters) - Indonesia's annual inflation

rate accelerated slightly more than expected in June as price

pressures intensified close to the end of the Muslim fasting

month.

The...

Read more

China official manufacturing growth stalls in June, PMI eases to 50.0

BEIJING, July 1 (Reuters) - Growth in China's manufacturing

sector stalled in June, an official survey showed on Friday, in

line with market expectations that factories are slowly losing

momentum.

Read more

UPDATE 2-Oracle ordered to pay HP $3 bln in Itanium case

SAN FRANCISCO, June 30 (Reuters) - A California jury ordered

Oracle Corp to pay Hewlett-Packard Enterprise Co

$3 billion in damages in a case over HP's Itanium

servers, an Oracle spokeswoman said on...

Read more

Pennsylvania passes spending plan without accounting for revenues

NEW YORK, June 30 (Reuters) - Pennsylvania lawmakers passed

a $31.6 billion spending plan on time on Thursday, a dramatic

turnaround from the political gridlock last year that left

schools starved...

Read more

Former U.S. Secret Service agent suspected in additional Bitcoin thefts

SAN FRANCISCO, June 30 (Reuters) - A Secret Service agent

who stole money seized by the government in the investigation of

underground drug bazaar Silk Road is now suspected of stealing

money in at...

Read more

CANADA STOCKS-TSX rises for third straight day, up 4.2 pct for Q2

TORONTO, June 30 (Reuters) - Canada's main stock index

closed higher on Thursday as a rally in gold stocks offset

losses for financial sector stocks and lift the market for a

third straight session.

Read more

General Dynamics wins $640 million Pentagon contract

WASHINGTON, June 30 (Reuters) - General Dynamics Corp's

National Steel and Shipbuilding Co division is being

awarded a $640 million contract for the detail design and

construction of a T-AO 205...

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IMF says some small countries could suffer as banks cut ties

WASHINGTON, June 30 (Reuters) - Major global banks'

elimination of correspondent banking relationships could

threaten growth and financial stability in some small countries,

the International...

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BRIEF-Franklin Covey posts Q3 loss per share $0.07

* Franklin Covey reports 2016 third quarter financial

results

Read more

BRIEF-Disney to buy one-third stake in MLB video unit for $3.5 bln - TheFly, citing Bloomberg

* Disney to buy one-third stake in MLB video unit for $3.5b - TheFly, citing Bloomberg

Source text - (http://bit.ly/29809MP)

Further company coverage:

(Bengaluru Newsroom)

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UPDATE 1-Brazil mulls cutting 2018 inflation target, no consensus yet -sources

BRASILIA, June 30 (Reuters) - The Brazilian government is

considering cutting its inflation target to between 4.25 and 4.0

percent in 2018 to show greater commitment to fight high

inflation, two...

Read more

BRIEF-Fitch rates Oregon's $593 mlm tax anticipation notes 'F1+'

* Fitch rates Oregon's $593 mlm tax anticipation notes 'F1+'

Source text for Eikon:

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UPDATE 1-Mexico central bank hikes aggressively to counter peso dive

MEXICO CITY, June 30 (Reuters) - Mexico's central bank

aggressively raised its key interest rate more than expected on

Thursday in a bid to support the peso and calm concerns that

currency weakness...

Read more

UPDATE 1-U.S. calls for urgent repairs of 300,000 recalled Honda vehicles

WASHINGTON, June 30 (Reuters) - U.S. auto safety regulators

warned on Thursday that Takata air bag inflators on more than

300,000 unrepaired recalled Honda vehicles show a substantial

risk of...

Read more

TREASURIES-U.S. bond prices fall, poised for strong first half

* Overseas, quarter-end buying cap U.S. bond losses

* BOE Carney's stimulus remarks briefly lift bond prices

* Longer-dated Treasuries gain over 16 pct year-to-date

-Barclays

* Traders...

Read more

Starbucks workers petition for more hours amid labor cuts

LOS ANGELES, June 30 (Reuters) - Nearly 9,000 Starbucks Corp

workers and supporters have signed an online petition

saying that the company has made "extreme labor cuts" at U.S.

cafes, hurting...

Read more

BRIEF-Independent Pilots Association announces tentative agreement on 5-yr labor contract with UPS

* UPS, pilots reach tentative agreement on new labor

contract

Read more

UPDATE 1-Soccer-Ibrahimovic says he is joining Manchester United

LONDON, June 30 (Reuters) - Swedish striker Zlatan Ibrahimovic is joining Premier League club Manchester United, he said on Twitter on Thursday.

Read more

TREASURIES-U.S. bonds erase losses on BOE Carney's remarks

NEW YORK, June 30 (Reuters) - U.S. Treasury prices erased

earlier losses on Thursday after Bank of England Governor Mark

Carney said the central bank may provide more stimulus over the

summer...

Read more

BRIEF-Transcontinental says acquired Robbie Manufacturing

* Acquired robbie manufacturing

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780)

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IMF says 'Brexit' uncertainty to dampen growth outlook

WASHINGTON, June 30 (Reuters) - Uncertainty over Britain's

looming departure from the European Union will dampen near-term

economic growth for the UK and the rest of Europe and will also

affect...

Read more

BRIEF-Paychex Inc reports Q4 earnings per share $0.49

* Q4 revenue $753.9 million versus I/B/E/S view $751.5

million

Read more

BRIEF-Hess encouraged by favorable results of 2nd well offshore Guyana

* Announced positive results from Liza-2 exploration well in

Stabroek Block offshore Guyana

Read more

BRIEF-Omega announces proposed underwritten public offering of senior notes

* Omega announces proposed underwritten public offering of

senior notes

Read more

UPDATE 2-Italy's UniCredit names Mustier as new CEO - sources

* Plans to sell assets, boost capital - source

(Adds detail on Mustier's plans, share price, Italian bank

stabilisation plan)

Read more

UPDATE 1-Darden Restaurants sales disappoint as customer traffic slows

June 30 (Reuters) - Darden Restaurants Inc reported

lower-than-expected quarterly sales as fewer customers visited

its Olive Garden restaurants, its biggest business.

Read more

CORRECTED-(OFFICIAL)-UPDATE 2-Norway oil wage talks begin as workers threaten strike

OSLO, June 30 (Reuters) - Energy companies and trade unions

in Norway began two-day wage talks on Thursday in a bid to avert

a strike that would cut output from Europe's largest oil

producer by six...

Read more

ISS, IBM signs deal on sensor technology in buildings

* Danish business services firm ISS has put in an

order for U.S. computer maker IBM's Watson IoT (Internet

of Things) sensor technology, it said in a statement on

Thursday.

Read more

RPT-Puerto Rico still seen defaulting on debt even with rescue law

NEW YORK, June 29 (Reuters) - Investors in Puerto Rico's

debt-burdened economy still face risks of default on some of the

island's $70 billion in debt even after the U.S. Congress on

Wednesday...

Read more

BRIEF-S.Africa's energy department to investigate SFF's offer for Chevron assets

* Notes with concern concern the reports regarding the SFF's

expression of interest in the Chevron assets

Read more

BRIEF-Metalink to consider shareholder's objection to voluntary liquidation

* Metalink to consider shareholder's objection to voluntary

liquidation

Read more

UPDATE 2-Airbus, Safran finalise space launchers merger

PARIS, June 30 (Reuters) - Airbus Group and Safran

pledged on Thursday to make Europe competitive in the

face of U.S. low-cost rival SpaceX as they completed a deal to

merge their space launcher...

Read more

UPDATE 1-Top banker calls for clarity on British position on EU talks

* UK minister Baldwin says markets can cope with volatility

(Adds more detail, Baldwin, Flint)

Read more

FOREX-Yuan, Aussie sink on report China to tolerate weaker yuan

* Dollar slips more than 7 pct in June vs perceived

safe-haven yen

Read more

GLOBAL MARKETS-World stocks poised for worst month since January

LONDON, June 30 (Reuters) - Global stocks were set for their

worst monthly performance since January, with renewed concerns

over global growth forcing European shares and oil

prices onto the back...

Read more

European stocks fall as post-Brexit recovery hits barrier

LONDON, June 30 (Reuters) - European shares fell on

Thursday, with a recovery from a heavy sell-off caused by

Britain's vote to leave the European Union last week stalled as

shares in major banks...

Read more

CORRECTED-UPDATE 2-EgyptAir black box data downloaded; evidence suggests fire on board

CAIRO, June 29 (Reuters) - Investigators have downloaded

data from one of the black box flight recorders on EgyptAir

Flight MS804 and are preparing to analyse it, bringing them

closer discovering...

Read more

German stocks - Factors to watch on June 30

BERLIN, June 30 (Reuters) - The DAX top-30 index

looked set to open 0.3 percent lower on Thursday, according to

premarket data from brokerage Lang & Schwarz at 0639 GMT.

Read more

Motoring group AA to sell Irish business to Carlyle arms

June 30 (Reuters) - Motoring group AA Plc said it

had agreed to sell its Irish business to a Carlyle Group

fund and financial services buyout team for 156.6 million euros

($173.7 million).

Read more

Wednesday, June 29, 2016

Farage says can envisage Britain contribution to EU budget post-Brexit - Le Figaro

PARIS, June 30 (Reuters) - Britain can make compromises to

secure continued access to the EU's single market, including

possibly a contribution to the bloc's budget, but compromises on

immigration...

Read more

BRIEF-Motoring group AA to sell Irish business to Carlyle fund

* To sell Irish business and operations to Carlyle Cardinal

Ireland Fund, L.P. (CCI) and Carlyle Global Financial Services

Partners Ii, L.P.

Read more

JGBs edge down, yields pull away from lows

TOKYO, June 30 (Reuters) - Japanese government bonds edged

down on Thursday, with yields pulling away from this week's

record lows as investors adjusted their positions on the last

day of the month.

Read more

BRIEF-IMCD to acquire the business of Chemicals and Solvents

* Imcd nv-imcd to acquire the business of Chemicals and

Solvents in Kenya

Read more

Netflix CEO says firm continues to look into entering China

SEOUL, June 30 (Reuters) - Netflix Inc will

continue to look into the possibility of entering China, Chief

Executive Reed Hastings said on Thursday, as the video streaming

service seeks to grow its...

Read more

Carmike Cinemas cancels shareholder vote on AMC deal - Bloomberg

June 29 (Reuters) - Theater chain Carmike Cinemas Inc

plans to drop Thursday's shareholder vote on its

proposed sale to AMC Entertainment Holdings Inc,

Bloomberg reported on Wednesday.

Read more

BRIEF-Fitch: Overcapacity weighs on China bank operating environment

* Fitch: overcapacity weighs on china bank operating

environment

Read more

BRIEF-Japan govt spokesman: measures are ready for global growth, market stability

* Japan government spokesman Hagiuda: want to adopt all

possible measures with BOJ in cooperation with G7 nations to

ensure global economic growth and market stability including

forex

(Reporting...

Read more

UPDATE 3-Argentina economy grows in Q1, surprising analysts

BUENOS AIRES, June 29 (Reuters) - Argentina's economy grew

0.5 percent in the first quarter, confounding expectations it

would shrink, the government said on Wednesday, adding that it

saw activity...

Read more

UPDATE 2-Brazil government to veto proposal on foreign airline ownership

BRASILIA, June 29 (Reuters) - Brazil's interim government

said on Wednesday it will veto an amendment to an aviation bill

scrapping limits on foreign ownership of domestic airlines to

save the rest...

Read more

BRIEF-National Storage Affiliates prices its underwritten public offering of 10.5 mln shares at $20.75 per share

* Pricing of its underwritten public offering of 10.5

million shares at $20.75 per share

Read more

UPDATE 3-U.S. Senate passes Puerto Rico debt bill, sends to Obama

WASHINGTON, June 29 (Reuters) - The U.S. Senate gave solid

approval on Wednesday to a relief plan to help Puerto Rico

address its $70 billion debt, sending the measure to President

Obama for his...

Read more

BRIEF-Capnia announces private placement of up to $13.8 mln of convertible preferred stock

* Capnia announces private placement of up to $13.8 million

of convertible preferred stock

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

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BRIEF-Pinetree Capital sold 70,000 shares of Caracara Silver at C$0.01 per share

* Sold 70,000 shares of Caracara Silver Inc at a price of

C$0.01 per share, for an aggregate sale price of C$700

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom +91 80...

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UPDATE 4-Toyota recalls 3.37 mln cars over air bags, emissions control

* Autoliv says it supplied air bag inflators

(Adds recalls by geographic region for emissions defect; 90 pct

of recalled air bag inflators in Prius models, updates share

price)

Read more

BRIEF-Seaspan acquires two newbuilding vessels and associated 17-year charters for $195.6 mln

* Seaspan acquires two newbuilding vessels and associated

17-year charters for $195.6 million

Read more

BRIEF-Blackline Safety Corp says qtrly loss per share $0.07

* Blackline safety corp qtrly loss per share $0.07

Source text for Eikon:

Further company coverage:

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BRIEF-8Point3 Energy Partners enters contribution agreement to acquire interest in 5 MW project

* Entered contribution agreement to acquire an interest in 5

MW project

Read more

BRIEF-JPMorgan announces gross common equity repurchases of up to $10.6 bln

* Federal Reserve board does not object to firm's capital

plan

Read more

BRIEF-National General Holdings announces pricing of $175 mln in depositary shares

* Announces pricing of $175 million in depositary shares

representing interests in preferred stock

Read more

BRIEF-Star Bulk Carriers reports Q1 loss per share $1.11

* Q1 earnings per share view $-1.04 -- Thomson Reuters

I/B/E/S

Read more

FOREX-Sterling, euro rebound for 2nd day on reduced Brexit anxiety

NEW YORK, June 29 (Reuters) - The U.S. dollar slipped

against the euro and sterling for a second straight day on

Wednesday on potential profit-taking and a rebound in risk

appetite stemming from...

Read more

UPDATE 2-Energy Transfer succeeds in ending Williams takeover saga

* Both companies better off without merger uncertainty

-investor

Read more

BRIEF-Pacific Safety Products awarded long-term contract from Government Of Canada

* Awarded long term contract from government of Canada for

supply of fragmentation vests to Canadian armed forces

Read more

BRIEF-Boxed Wholesale names of Naeem Ishaq CFO

* Boxed wholesale announces appointment of naeem ishaq as

chief financial officer, effective july 1, 2016

Read more

UPDATE 1-Hedge fund Caxton gained 2 pct in Brexit vote aftermath -source

* Hedge funds lost 0.18 pct on average as pound fell

(Adds background detail)

Read more

AerCap says Brexit will not impact its aircraft leasing

TOULOUSE, France, June 29 (Reuters) - Aircraft leasing giant

AerCap is not worried about the impact on its business

of Britain voting to leave the European Union because it and

other leasing...

Read more

BRIEF-IBM Corp - Collaborative agreement to manage Blackboard Inc's datacenters

* Announced a collaborative agreement for IBM to manage

Blackboard Inc's datacenters and cloud infrastructure

Source text for Eikon:

(Bengaluru Newsroom; +1 646 223 8780)

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BRIEF-1347 Capital Corp says adjournment of its special meeting until July 14, 2016

* 1347 Capital Corp says it convened and then adjourned,

without conducting any business, its special meeting in lieu of

annual meeting of stockholders

Read more

Puerto Rico debt relief bill wins 68 votes in U.S. Senate

WASHINGTON, June 29 (Reuters) - A relief plan to help Puerto

Rico address its $70 billion debt cleared a critical hurdle in

the U.S. Senate on Wednesday, getting the supermajority it

needed to...

Read more

UPDATE 1-IKEA recalls 36 mln chests and dressers after six deaths

WASHINGTON, June 28 (Reuters) - Swedish furniture company

IKEA Group is recalling almost 36 million chests and

dressers in the United States and Canada but said the products

linked to the deaths of...

Read more

Clearing houses must be able to recover from hacking in two hours

LONDON, June 29 (Reuters) - Clearing houses and payment

systems must show by June 2017 how their core operations would

recover within two hours from a cyber attack, regulators said on

Wednesday in...

Read more

Facebook's political influence under a microscope as elections rage

June 29 (Reuters) - As the U.S. presidential campaign heats

up, Facebook Inc is going out of its way to show its

neutrality - an increasingly urgent matter for the social

network as evidence of its...

Read more

REFILE-UPDATE 2-Alcoa spins off smelting business; aero, auto unit now 'Arconic'

CHICAGO, June 29 (Reuters) - Metals company Alcoa Inc

said on Wednesday that its planned split will consist of a

spinoff of its traditional upstream smelting business, and that

up to 19.9 percent of...

Read more

BRIEF-Equity Residential says may offer and sell up to 13 mln shares - SEC filing

* Says it may offer and sell up to 13 million common shares

- SEC filing

Read more

ECB happy to stay put after Brexit vote as markets regain pose-sources

FRANKFURT, June 29 (Reuters) - The European Central Bank is

in no rush to ease its monetary policy in response Britain's

vote to leave the European Union, taking comfort in a

calmer-than-feared...

Read more

UK appoints interior ministry official to head EU divorce unit

LONDON, June 29 (Reuters) - Britain has appointed Oliver

Robbins, a senior official at the interior ministry, to head the

unit that will help negotiate an exit from the European Union.

Read more

UPDATE 1-Indonesia's Pertamina picks Shell to process Iraqi crude -official

JAKARTA, June 29 (Reuters) - Indonesia's Pertamina has

selected Shell to process a million barrels per month

of Iraqi crude at a Singapore refinery, a senior official at the

state-owned company said...

Read more

BRIEF-Alcoa Upstream Corp provides details in connection with spinoff plan

* Alcoa Upstream Corp files form 10 registration statement

with U.S. SEC in connection with co's spinoff plan - Sec filing

Read more

BRIEF-Southwestern Energy announces public offering

* Says intends to grant respective underwriters a 30-day

option to purchase up to 11.25 million additional shares of

stock

Read more

Owners of building materials firm Xella pick banks to launch sale - sources

LONDON/FRANKFURT, June 29 (Reuters) - The owners of German

building materials maker Xella are taking a fresh attempt at

divesting the German company after failing to float it last

year, people...

Read more

BRIEF-Noah Holdings announces $50 mln share repurchase program

* Share repurchase program extends company's previous share

repurchase program that was effective for 12 months from July 8

, 2015

Read more

MIDEAST MONEY-Statistics fog raises risk as cheap oil hits Gulf

DUBAI, June 29 (Reuters) - A sharp revision of economic data

in Saudi Arabia suggests its economy may be weaker than

previously thought, underlining the risks which investors in the

Gulf face as they...

Read more

BRIEF-UMC's Xiamen subsidiary orders equipment from ASML

* Says Xiamen subsidiary orders machinery equipment worth

T$562.9 million ($17.44 million)

Read more

WRAPUP 2-Japan's Abe pledges broad policy support to weather Brexit shock

TOKYO, June 29 (Reuters) - Japanese Prime Minister Shinzo

Abe pledged on Wednesday to use all available policy tools to

keep the wheels of the economy turning as financial markets were

gripped by...

Read more

BRIEF-ASE's subsidiary orders machinery equipment from Teradyne (Asia)

* Says subsidiary orders machinery equipment worth T$626

million ($19.38 million)

Read more

China broker Orient Securities prices Hong Kong offer near lower end-IFR

HONG KONG, June 29 (Reuters) - Orient Securities Co

, which has an investment banking joint venture with

a unit of Citigroup Inc in China, priced its Hong Kong

share offering at HK$8.15 per share,...

Read more

JGB 10-year yield hits fresh record low, others mixed

TOKYO, June 29 (Reuters) - Yields on Japan's benchmark

10-year government bonds (JGBs) briefly hit a fresh record low

on Wednesday as investors looked to safer assets amid

uncertainty about the...

Read more

BRIEF-Moody's - Deteriorating operating conditions weigh on Hong Kong's banking system

* Deteriorating operating conditions weigh on Hong Kong's

banking system

Read more

Tuesday, June 28, 2016

Goldman Sachs India ECM head PV Krishna leaves firm - IFR

SINGAPORE, June 29 (Reuters) - Goldman Sachs Group Inc's

head of India equity capital markets business, PV

Krishna, has left the firm, IFR reported on Wednesday, citing a

source aware of the...

Read more

Abu Dhabi government orders merging of Mubadala And IPIC - state news agency

DUBAI, June 29 (Reuters) - The Abu Dhabi government has

ordered the merging of state investment funds Mubadala

Development Company and International Petroleum

Investment Company, according to a...

Read more

BRIEF-Energy Transfer Equity announces termination of merger agreement with Williams Companies

* ETE's counsel Latham & Watkins unable to deliver required

tax opinion prior to June 28, 2016, outside date in merger

agreement

Read more

UPDATE 8-Suspected Islamic State suicide bombers kill 36 at Istanbul airport

* Ataturk airport is world's third-largest, a major tourism

hub

Read more

BRIEF-Mastercard to simplify e-commerce for Microsoft Dynamics customers

* Mastercard to simplify e-commerce for microsoft dynamics

customers around globe

Source text for Eikon: nBwbXD0cSa

Further company coverage:

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GLOBAL MARKETS-Asia stocks bounce, bonds benefit from the unknown

* Bonds remain strong on dim global outlook, talk of policy

easing

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WRAPUP 9-EU leaders tell Britain to exit swiftly, markets steadier

LONDON/BRUSSELS, June 28 (Reuters) - European leaders told

Britain on Tuesday to act quickly to resolve the political and

economic confusion unleashed by its vote to leave the European

Union last...

Read more

BRIEF-Eclipse Resources says offering of 37.5 million shares priced at $3.5 per share

* Says public offering of 37.5 million common shares priced

at $3.50per share

Read more

WRAPUP 8-EU leaders tell Britain to exit swiftly, markets steadier

LONDON/BRUSSELS, June 28 (Reuters) - European leaders told

Britain on Tuesday to act quickly to resolve the political and

economic confusion unleashed by its vote to leave the European

Union last...

Read more

BRIEF-Intrinsyc Technologies, Stream TV networks extend strategic agreements

* Intrinsyc Technologies and Stream TV networks extend

strategic agreements

Read more

BRIEF-Molson prices public offering of $5.3 billion aggregate principal amount of senior notes

June 28 (Reuters) - Molson Coors Brewing Company Announces

Pricing Of Its Public Offering Of United States Dollar

Read more

UPDATE 1-Tesla investor group wants more independent board, cites Musk ties

SAN FRANCISCO, June 28 (Reuters) - An investor group called

on Tesla Motors Corp on Tuesday to add two independent

directors to its board and separate the roles of chairman and

chief executive as it...

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Kansas court says funding plan averts need to close public schools

KANSAS CITY, Kan. June 28 (Reuters) - The Kansas Supreme

Court ruled on Tuesday that a bill state lawmakers passed last

week resolves inequities in public education and will allow

schools to open as...

Read more

BRIEF-Fenix Q1 loss per share $1.97

* Q1 net revenues increased sequentially by 9% to $32.8

million

Read more

BRIEF-Rodinia announces investment in Kombat Copper and provides update on change of business

* Rodinia announces investment in Kombat Copper and provides update on change of business

Read more

S.Africa's slowing growth to be hit by Brexit - Reserve Bank governor

JOHANNESBURG, June 28 (Reuters) - The governor of the South

African Reserve Bank said on Tuesday that although the decision

by Britain to exit the European Union would not cause a

recession, already...

Read more

Zoll Medical wins $400 mln Pentagon contract

WASHINGTON, June 28 (Reuters) - Zoll Medical Corp, based in

Chelmsford, Massachusetts, has been awarded a $400 million

contract for monitors used to check vital signs, the Pentagon

said on Tuesday.

...

Read more

BRIEF-McCormick declares $0.43 quarterly dividend

* McCormick declares $0.43 quarterly dividend

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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Soda tax proponents submit petition for vote in Boulder, Colorado

June 28 (Reuters) - Public health advocates in Boulder,

Colorado pushing for a soda tax delivered a petition to city

authorities with the necessary number of signatures to get the

proposal on the...

Read more

GLOBAL MARKETS-Stocks, sterling fight back after Brexit beating

* European shares lead turnaround after post-Brexit vote

slump

Read more

WRAPUP 3-U.S. first-quarter GDP revised up, Brexit risk to outlook

WASHINGTON, June 28 (Reuters) - U.S. economic growth slowed

in the first quarter but not as sharply as previously estimated,

and while there are signs of a pickup in the second quarter,

analysts...

Read more

UPDATE 1-Singapore's sovereign fund in talks to buy Yes Communities - WSJ

June 28 (Reuters) - Singapore's sovereign-wealth fund GIC is

in talks to buy Denver-based Yes Communities, an owner of

manufactured-housing communities, in a $2 billion deal, the Wall

Street Journal...

Read more

Katzenberg sued over 'side deal' to Comcast-DreamWorks merger

WILMINGTON, Del., June 28 (Reuters) - Jeffrey Katzenberg,

DreamWorks Animation SKG Inc's chief executive, has been

hit with a proposed class action lawsuit over what a minority

shareholder called an...

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BRIEF-Hebei Zhongheng Tianda Platinum Co to purchase Crocodile River Mine

* Hebei Zhongheng Tianda Platinum Co. Limited to purchase

the Crocodile River Mine

Read more

UPDATE 1-Argentina to offer investors option to sell back GDP warrants

NEW YORK, June 28 (IFR) - Argentina plans to offer options

to investors to retire GDP warrants - a move that could save the

South American country some US$9.4bn, the Finance Ministry said

on Tuesday.

Read more

BRIEF-Dutch state to sell Propertize to consortium of Lone Star and JP Morgan

* Says agreement has been reached to sell Propertize B.V. to a consortium consisting of Lone

Star and JP Morgan for 895.3 million euros ($989.04 million)

Read more

EMERGING MARKETS-Latam currencies jump on bargain hunting after Brexit selloff

By Bruno Federowski

SAO PAULO, June 28 (Reuters) - Latin American currencies

jumped on Tuesday as investors scooped up bargains following a

selloff triggered by Britain's decision to leave the...

Read more

WRAPUP 4-EU leaders tell Britain to exit swiftly, market rout halts

LONDON/BRUSSELS, June 28 (Reuters) - European leaders told

Britain on Tuesday to act quickly to resolve the political and

economic chaos unleashed by its vote to leave the European

Union, a move the...

Read more

France's Hollande says Brexit should start as soon as possible

BRUSSELS, June 28 (Reuters) - Britain should trigger the

process for leaving the European Union as soon as possible,

French President Francois Hollande said on Tuesday in Brussels,

where he is...

Read more

BRIEF-Modern Meadow says it raised about $40 mln in financing - SEC filing

* Modern Meadow Inc files to say it raised about $40 mln in

financing that included equity, warrants and other securities -

SEC filing

Source: (http://1.usa.gov/298lqcI

)

(Bengaluru Newsroom: +1...

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BRIEF-Anthem says not in talks with Cigna Corp to end merger - StreetInsider, citing Bloomberg

* Anthem says not in talks with Cigna Corp to end merger -

StreetInsider, citing Bloomberg

Source text : (http://bit.ly/2914pNH)

(Bengaluru Newsroom: +1 646 223 8780)

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UPDATE 2-U.S. files VW settlement, details buybacks

WASHINGTON, June 28 (Reuters) - German automaker Volkswagen

AG has agreed to pay more than $15.3 billion in a

settlement with U.S. regulators over pollution caused by its

diesel vehicles, according...

Read more

UPDATE 1-Air Canada confirms $3.8 billion Bombardier jet order

TORONTO, June 28 (Reuters) - Air Canada said on

Tuesday it had finalized an order to buy 45 Bombardier Inc

CSeries jets with an option to purchase another 30, a

key deal for the Canadian planemaker.

Read more

Spain's 10-year yields fall below Italy's, tightest spread since July 2015

LONDON, June 28 (Reuters) - The yield on Spain's 10-year

government bonds fell below its Italian counterpart for the

first time in almost a year on Tuesday.

Read more

BRIEF-Citius Pharmaceuticals appoints director

* Citius Pharmaceuticals, Inc. announces appointment of Dr.

Eugene Holuka to its board of directors

Source text for Eikon:

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BRIEF-FactSet Research Systems Q3 adjusted EPS $1.64 excluding items

* Q4 revenues are expected to range between $292 million and

$298 million

Read more

BRIEF-Fitch: EU-related supranational ratings unaffected by Brexit vote

* Does not expect a unilateral and sudden withdrawal of UK's

capital from EIB

Read more

BRIEF-IHS Inc Q2 adjusted earnings per share $1.60

* Q2 earnings per share view $1.48 -- Thomson Reuters

I/B/E/S

Source text for Eikon:

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Merkel vows to strengthen EU, tells UK no "cherry-picking"

BERLIN, June 28 (Reuters) - Chancellor Angela Merkel on

Tuesday underscored Germany's determination to both maintain

close ties with Britain and work to strengthen the European

Union after last...

Read more

BRIEF-Slate Retail Reit announces sale of five Food Lion grocery anchored assets

* Slate Retail Reit announces the sale of five Food Lion

grocery anchored assets

Read more

First Chinese-made regional jet makes maiden passenger flight

SHANGHAI, June 28 (Reuters) - China's first locally built

regional jet made its maiden commercial flight on Tuesday,

carrying 70 passengers from the western city of Chengdu to

Shanghai on the east...

Read more

European shares up for first time in three days after Brexit battering

LONDON, June 28 (Reuters) - European shares rose for the

first time in three days on Tuesday after a heavy sell-off

following Britain's shock vote to leave the European Union, on

hopes of a more...

Read more

UPDATE 2-Uber, Lyft settle litigation involving top executives

SAN FRANCISCO, June 27 (Reuters) - Rival ride services Uber

and Lyft have settled high stakes litigation involving two of

their top executives, court filings show, in advance of a trial

that could...

Read more

UK finance minister Osborne says crucial to provide fiscal stability

LONDON, June 28 (Reuters) - British finance minister George

Osborne said it was key that Britain provided fiscal stability

in the wake of the decision to exit the European Union which has

seen...

Read more

Monday, June 27, 2016

Poland - Factors to Watch June 28

Following are news stories, press reports and events to watch

that may affect Poland's financial markets on Tuesday. ALL TIMES

GMT (Poland: GMT + 2 hours):

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Nikkei edges up in volatile trade, but auto sector weak

TOKYO, June 28 (Reuters) - Japanese stocks edged higher in

volatile trade on Tuesday as a pause in sterling's fall offered

some respite, but gains were capped by weakness in automakers.

Read more

BRIEF-Xencor enteres into collaboration and license agreement with Novartis

* Xencor announces strategic collaboration for bispecific

programs, including XMAB 14045 and XMAB 13676

Read more

Novartis and Xencor enter into bispecific antibody agreement

ZURICH, June 28 (Reuters) - Novartis has received

rights with Xencor to develop bispecific antibodies for

treating cancer.

Read more

UPDATE 1-Japan eyes help for small business in stimulus plan after Brexit

* Economy Minister Ishihara does not comment on size of

stimulus

(Adds direct quote, details)

Read more

China won't allow "roller-coaster rides" in its markets after Brexit-Premier Li

BEIJING, June 28 (Reuters) - Britain's vote to leave the

European Union has sent jitters through global markets, but it

is important to work together to strengthen confidence, prevent

the spread of...

Read more

Morning News Call - India, June 28

To access the newsletter, click on the link:



http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06282016.pdf





FACTORS TO WATCH

3:00 pm: Power Minister Piyush...

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UPDATE 1-BOJ's regular dollar-supplying operation draws offers of $1.47 billion

TOKYO, June 28 (Reuters) - The Bank of Japan's regular

dollar-supplying operation drew offers of $1.47 billion, the

central bank said on Tuesday, far greater than its last such

operation before...

Read more

Nikkei edges down in volatile trade; automakers weigh

* Takata tumbles after air bag linked to fatal crash in

Malaysia

Read more

Japan finmin says markets regain calm, to keep close watch on FX

TOKYO, June 28 (Reuters) - Japanese Finance Minister Taro

Aso said on Tuesday that financial markets have regained calm

this week after Britain's decision to leave the European Union

rocked global...

Read more

Benchmark 10-year, 20-year JGB yields fall to record lows

TOKYO, June 28 (Reuters) - The yields on 10-year Japanese

government bonds as well as 20-year JGBs both dropped to record

lows on Tuesday, as investors continued to fear the fallout from

Britain's...

Read more

GLOBAL MARKETS-Stocks extend losses, sterling near 30-yr lows in Brexit aftermath

* Investors continue to fear fallout of UK's Brexit vote

shock

Read more

UPDATE 1-UK's Osborne rules himself out of race to succeed PM Cameron

LONDON, June 28 (Reuters) - British finance minister George

Osborne ruled himself out of the running to succeed Conservative

Prime Minister David Cameron on Monday, citing his fierce

advocacy of...

Read more

China's CITIC Bank tries to seize real estate assets in Canada

VANCOUVER, June 27 (Reuters) - China CITIC Bank Corp Ltd

has launched a Canadian lawsuit to try to seize the

assets of a Chinese citizen the bank claims took out a

multi-million dollar loan in China...

Read more

U.S. interest in U.K. travel soars after Brexit

June 27 (Reuters) - Several online travel sites have seen a

jump in queries from Americans about travel to the United

Kingdom since it voted to leave the European Union, a sign

so-called "Brexit" and...

Read more

UPDATE 3-Volkswagen's U.S. diesel emissions settlement to cost $15 bln -source

WASHINGTON, June 27 (Reuters) - Volkswagen AG's

settlement with nearly 500,000 U.S. diesel owners and government

regulators over polluting vehicles is valued at more than $15

billion cash, two...

Read more

WRAPUP 8-Brexit vote, UK political confusion rattles world markets for second day

* Sterling and world shares fall for second day, U.S. urges

calm

Read more

BRIEF-Talen Energy says Susquehanna unit 1 reconnected to power grid following maintenance outage

* Susquehanna unit 1 reconnected to power grid following

maintenance outage

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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Spain's acting PM says hopes to reach government deal within a month

MADRID, June 27 (Reuters) - Spain's caretaker Prime Minister

Mariano Rajoy on Monday said he hoped political parties would

reach a deal within a month to enable a government of his

conservative...

Read more

European shares fall, but Spanish stocks gain after election

LONDON, June 27 (Reuters) - European shares fell on Monday,

weighed down by uncertainty over Britain's decision to leave the

European Union, but the Madrid market rose after Spain's

election.

Read more

Sunday, June 26, 2016

UK Stocks-Factors to watch on June 27

June 27 (Reuters) - Britain's FTSE 100 index is seen opening down

160-172 points at the open on Monday, which would mark a percentage drop of

2.6-2.8 percent, according to financial bookmakers.



...

Read more

PRESS DIGEST- New York Times business news - June 27

June 27 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

PRESS DIGEST - Wall Street Journal - June 27

June 27 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

UPDATE 1-Anbang plans to convert most of Waldorf Astoria to apartments -WSJ

NEW YORK, June 26 (Reuters) - China's Anbang Insurance Group

Co plans to convert as much as three-quarters of the

rooms at New York's landmark Waldorf Astoria hotel into

apartments, the Wall Street...

Read more

Texas 'Frack Master' bilked investors out of millions, SEC says

NEW YORK, June 27 (Reuters) - Texas oilman Chris Faulkner

built a high-profile public persona, raised millions for his oil

and gas ventures and courted politicians. But the SEC has

alleged that...

Read more

UPDATE 1-China May industrial profit growth eases to 3.7 pct y/y

* Debt of industrial firms at end-May +4.9 pct y/y

(Adds details, background)

Read more

Anbang plans to convert most of Waldorf Astoria to apartments -WSJ

NEW YORK, June 26 (Reuters) - China's Anbang Insurance Group

Co plans to convert as much as three-quarters of the rooms at

the landmark Waldorf Astoria hotel into apartments, the Wall

Street Journal...

Read more

RPT-UPDATE 7-Spanish vote delivers more uncertainty for Europe after Brexit

MADRID, June 26 (Reuters) - Spanish elections delivered a

hung parliament for the second time in six months on Sunday,

adding to political uncertainty in Europe after last week's

shock Brexit vote...

Read more

GLOBAL MARKETS-Asian stocks, pound fall in Brexit aftershocks

TOKYO, June 27 (Reuters) - Asian stocks opened weaker and

the British pound fell almost 2 percent in early Asian trade on

Monday as markets struggled to shake off deep uncertainty

sparked by...

Read more

DIARY-Emerging Markets Economic Events to July 6

** This Diary is filed daily ***

---------------------------------------------------------------

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UPDATE 7-Spanish vote delivers more uncertainty for Europe after Brexit

* No easy majority in reach, stalemate may go on

(Adds Brexit implications, links to Factbox)

Read more

UPDATE 1-US STOCKS-Wall Street futures lower on Brexit concerns

* Friday's $2 trillion global equity selloff biggest ever

-S&P

(Adds investor quotes, updates market activity)

Read more

BHP Billiton to spend $900m on copper and petroleum exploration

SYDNEY, June 27 (Reuters) - Australian mining giant BHP

Billiton said on Monday it will spend $900 million, or

18 percent of its capital budget, in exploration next financial

year.

Read more

UPDATE 1-UK will retain access to the EU single market, says Brexit leader Johnson

LONDON, June 26 (Reuters) - Britain will continue to have

access to the European Union's single market despite voting to

leave the bloc, leading Brexit campaigner and favourite to

become the...

Read more

US STOCKS SNAPSHOT-Wall Street futures ease lower as Brexit concerns linger

NEW YORK, June 26 (Reuters) - U.S. stock index futures eased

slightly lower in early trading on Sunday after Britain's vote

to leave the European Union sparked a sharp selloff in global

markets on...

Read more

Wall St Weekahead-Wall St eyes low rates, earnings after Brexit rout

June 26 (Reuters) - With markets reeling after Britain's

vote to leave the European Union, some on Wall Street expect

cooler heads to prevail over the next several sessions as

investors focus...

Read more

UK's Osborne to make Brexit statement before markets open on Monday

LONDON, June 26 (Reuters) - British finance minister George

Osborne will seek to reassure financial markets on Monday

following the country's decision to leave the European Union

last week, setting...

Read more

Intel considers sale of cyber security business -FT

NEW YORK, June 26 (Reuters) - Chipmaker Intel Corp

is considering the sale of its cyber security business, the

Financial Times reported on Sunday.

Read more

Spain's conservatives win most seats in election, far left rises

MADRID, June 26 (Reuters) - The conservative People's Party

(PP) of acting Prime Minister Mariano Rajoy won most seats in

Spain's parliamentary election on Sunday, an exit poll showed,

although the...

Read more

Rosatom's global nuclear ambition cramped by Kremlin politics

PARIS/MOSCOW, June 26 (Reuters) - The $100 billion overseas

order book of Russia's nuclear power plant builder Rosatom --

bigger than all its Western competitors combined -- makes it

look like the...

Read more

Gunmen release expatriate contractors kidnapped in Niger Delta -police

YENAGOA, Nigeria, June 26 (Reuters) - As many as seven

contractors, including three Australians and a South African,

have been released unharmed four days after they were kidnapped

by gunmen in...

Read more

Germany's Gabriel -won't make Brits any new offers to stay in EU

BERLIN, June 26 (Reuters) - The European Union will not make

Britain any fresh offers to keep it in the bloc, German Vice

Chancellor Sigmar Gabriel told the Handelsblatt business daily

newspaper.

Read more

WRAPUP 2-British EU exit turmoil alarms Asia, deepens party conflicts

LONDON/BEIJING, June 26 (Reuters) - Turmoil unleashed by

Britain's vote to leave the European Union heightened anxiety in

Asia on Sunday, with China, Japan and South Korea fretting over

the risk to...

Read more

TUI says Brexit to hit profit, not travel patterns

BERLIN, June 26 (Reuters) - European travel group TUI

, which makes about a third of its turnover in Britain,

expects a dent to its profits because of the fall in the pound

after Britain's decision...

Read more

UPDATE 1-Algeria oil and gas output on the rise -Sonatrach

ALGIERS, June 26 (Reuters) - Algeria's oil and gas output is

moving back to growth after years of stagnation, helped in part

by increased production at the North African OPEC member's

existing...

Read more

RPT-Brexit more heartburn than heart attack for hedge funds

NEW YORK/BOSTON June 25 (Reuters) - UK voters' surprise

decision to leave the European Union roiled markets on Friday,

but hedge funds appear to have avoided crippling losses,

according to market...

Read more

RPT-Brexit baffled punters, pundits and fund managers to the very end

BOSTON, June 25 (Reuters) - Nearly everyone, from London

gamblers to U.S. money managers got it wrong. Britain's vote to

leave the European Union shocked pundits, investors and

politicians alike,...

Read more

Central bank group argues for branch closures to lift profits

LONDON, June 26 (Reuters) - Banks should shut branches to

help lift flagging profits and get on a healthier long-term

footing, an influential global central banking forum said in a

report on Sunday.

Read more

Central banks will smooth Brexit-driven market moves -BIS head

VIENNA, June 26 (Reuters) - Major central banks will limit

market turbulence as much as possible after Britain voted to

leave the European Union, the head of the Bank for International

Settlements...

Read more

British cabinet to remain in post after Brexit vote - foreign minister

LONDON, June 26 (Reuters) - Foreign Secretary Philip Hammond

said on Sunday Britain's cabinet, which was split over whether

the country should vote to leave the European Union, would

remain in place...

Read more

RPT-Google, Facebook quietly move toward automatic blocking of extremist videos

SAN FRANCISCO/WASHINGTON, June 24 (Reuters) - Some of the

web's biggest destinations for watching videos have quietly

started using automation to remove extremist content from their

sites, according...

Read more

UPDATE 1-Israel's Harel in talks with Noble to buy stake in Tamar gas field

JERUSALEM, June 26 (Reuters) - Israel's Harel Insurance

Investments and Financial Services said on Sunday it

is in talks to buy up to 4 percent in the Tamar natural gas

field from Texas-based Noble...

Read more

Israel's Harel in talks with Noble to buy stake in Tamar gas field

JERUSALEM, June 26 (Reuters) - Israeli insurer Harel

said on Sunday it is in talks to buy up to 4 percent

in the Tamar natural gas field from Texas-based Noble Energy

.

Read more

UPDATE 2-China's finance minister sees 'Brexit' heightening uncertainty for markets

* Roubini - Brexit could mean EU, UK or euro zone

disintegration

Read more

Saturday, June 25, 2016

VW should pay Europeans same compensation as US drivers-EU commissioner

BERLIN, June 26 (Reuters) - Volkswagen AG should

offer European drivers similar compensation to what the German

carmaker is expected to pay U.S. customers, Europe's Industry

Commissioner Elzbieta...

Read more

UPDATE 3-Russia secures energy deals, talks security with China as Putin visits

BEIJING, June 25 (Reuters) - Russia and China sealed a raft

of energy deals during President Vladimir Putin's visit to

Beijing on Saturday, strengthening economic ties while pledging

to preserve the...

Read more

UK's Johnson wins backing from Gove for prime ministerial bid

LONDON, June 25 (Reuters) - Boris Johnson, one of the

leaders of the successful "Leave" campaign in Britain's European

Union membership referendum, has won the backing of a key

colleague to replace...

Read more

Chinese insurers run "Titanic" risks for titanic returns

* Top insurers quadruple investment in alternative assets in

5 yrs

Read more

Ecuador says Brexit 'spoils' scheduled bond issue

QUITO, June 25 (Reuters) - Ecuadorean President Rafael

Correa said on Saturday that Britain's vote to leave the

European Union has "spoiled" a bond issue that had been planned

for next week to help...

Read more

UPDATE 1-Investor George Soros calls for reconstruction of EU after 'Brexit' vote

June 25 (Reuters) - Billionaire investor George Soros on

Saturday called for thorough reconstruction of the European

Union in order to save it, even though he warned that Britain's

vote to leave the...

Read more

Investor George Soros says 'Brexit' means 'disintegration' of EU

June 25 (Reuters) - Billionaire investor George Soros said

on Saturday that Britain's vote to leave the European Union

makes "disintegration of the EU practically irreversible," and

that the effects...

Read more

Central banks ready to cooperate after Brexit result

ZURICH, June 25 (Reuters) - Central banks are ready to

cooperate to support financial stability in the wake of

Britain's vote to leave the European Union, the Bank for

International Settlements said...

Read more

SolarCity recuses two more board members from voting on Tesla offer

June 25 (Reuters) - Two additional SolarCity Corp

board members with ties to Elon Musk are recusing themselves

from making decisions regarding Tesla Motors Inc's

offer to buy the solar power...

Read more

Trump plays down post-Brexit market turmoil on Aberdeen visit

ABERDEEN, Scotland, June 25 (Reuters) - U.S. presidential

candidate Donald Trump played down market turmoil in the wake of

Britain's decision to leave the European Union on a visit to his

Trump...

Read more

UPDATE 1-TransCanada formally seeks NAFTA damages in Keystone XL rejection

TORONTO, June 25 (Reuters) - TransCanada Corp is

formally requesting arbitration over U.S. President Barack

Obama's rejection of the Keystone XL pipeline, seeking $15

billion in damages, the company...

Read more

Brazil's Temer says women should retire earlier than men - paper

SAO PAULO, June 25 (Reuters) - Brazil's interim President

Michel Temer told local newspapers women should retire earlier

than men, explaining why he did not support making a potential

minimum...

Read more

UPDATE 4-Germany's Merkel signals sober separation from EU "partner" Britain

BERLIN/HERMANNSWERDER, Germany, June 25 (Reuters) - German

Chancellor Angela Merkel called on Saturday for clear-headed

negotiations with "close partner" Britain over its departure

from the European...

Read more

WRAPUP 5-Merkel sees no need to rush Britain into quick EU divorce

* Almost 1.9 mln sign petition for second referendum

(Adds details of petition, updates number of signatures)

Read more

TransCanada formally seeks damages over Keystone XL rejection

TORONTO, June 25 (Reuters) - TransCanada Corp is

formally requesting arbitration over U.S. President Barack

Obama's rejection of the Keystone XL pipeline, seeking $15

billion in damages, the company...

Read more

RPT-'Investing for good' gains appeal amid rocky tech startup market

SAN FRANCISCO, June 24 (Reuters) - As valuations flounder

for Silicon Valley startups once worth billions of dollars,

investor interest is on the rise in startups with both financial

and social...

Read more

Starved of resources, UK's most deprived town pins hopes on Brexit

OLDHAM, England, June 25 (Reuters) - The son of Pakistani

immigrants, Sajaad Ahmed voted to leave the European Union

because he sees only one way to reverse a decades-long dwindling

of resources in...

Read more

UPDATE 1-France's Macron wants new European project, and an EU-wide referendum

PARIS, June 25 (Reuters) - The European Union needs a new

roadmap that should be devised in consultation with voters and

then put to a referendum, France's Economy Minister Emmanuel

Macron said on...

Read more

UPDATE 2-Scotland starts drive to stay in EU, independence option open-Sturgeon

EDINBURGH, June 25 (Reuters) - Scotland's devolved

government will start a drive to protect its European Union

membership and will prepare for a possible fresh independence

vote after Britain voted...

Read more

UPDATE 2-China-backed AIIB seeks cooperation and new members

* AIIB must comply with multilateral agency rules -Alexander

(Adds quotes on governance standards, details on operations)

Read more

China, Russia sign MOU on yuan clearing in Russia

BEIJING, June 25 (Reuters) - The central banks of China and

Russia on Saturday signed a memorandum of understanding on

setting up a yuan clearing mechanism in Russia, the People's

Bank of China said.

Read more

France says need quick start of Brexit talks, no "cat and mouse game"

BERLIN, June 25 (Reuters) - Britain must quickly trigger the

Article 50 clause that allows talks to start on its exit from

the European Union, French Foreign Minister Jean-Marc Ayrault

said on...

Read more

REFILE-Scotland's Sturgeon presses ahead with preparations for independence vote

EDINBURGH, June 25 (Reuters) - Scotland's devolved

government is preparing to present legislation allowing a second

independence referendum while continuing discussions on its

place within the...

Read more

UPDATE 2-ECB's Villeroy: Brexit talks must be quick, City of London at risk of losing "EU passport"

PARIS, June 25 (Reuters) - London's financial centre will

lose its prized "EU passport" if Britain fails to secure

continued access to the bloc's single market in its exit talks,

ECB Governing...

Read more

ECB's Villeroy: Brexit talks must be quick, City of London at risk of losing "EU passport"

PARIS, June 25 (Reuters) - Brexit talks must be carried out

quickly to limit uncertainties, ECB Governing Council member

Francois Villeroy de Galhau said on Saturday, adding the City of

London...

Read more

France presses for quick EU divorce with Britain, Germany cautious

BERLIN, June 25 (Reuters) - France's foreign minister called

on Saturday for the European Union to move ahead quickly to seal

the terms of a British exit from the bloc, arguing that the

other 27...

Read more

Friday, June 24, 2016

Brexit more heartburn than heart attack for hedge funds

NEW YORK/BOSTON June 25 (Reuters) - UK voters' surprise

decision to leave the European Union roiled markets on Friday,

but hedge funds appear to have avoided crippling losses,

according to market...

Read more

Brexit puts UK-China financial services linkages at risk

* UK and China have agreed a raft of financial services

projects

Read more

China tightens controls on paid-for internet search ads

BEIJING, June 25 (Reuters) - China's internet regulator said

on Saturday that search engines should tighten management of

paid-for ads in search results, making clear which results are

paid-for and...

Read more

Arizona says it has run out of drugs for executions

June 24 (Reuters) - Arizona has run out of execution drugs,

including a sedative implicated in botched lethal injections,

according to a filing on Friday in a court case challenging the

U.S. state's...

Read more

Dick's Sporting Goods bids on 17 Sports Authority stores -source

NEW YORK, June 23 (Reuters) - Dick's Sporting Goods

submitted a bid for 17 Sports Authority stores, with other

retailers making offers for only single locations of the

bankrupt sporting goods...

Read more

'Investing for good' gains appeal amid rocky tech startup market

SAN FRANCISCO, June 24 (Reuters) - As valuations flounder

for Silicon Valley startups once worth billions of dollars,

investor interest is on the rise in startups with both financial

and social...

Read more

BRIEF-CalPERS comments on outcome of British vote to leave EU

* Calpers comments on outcome of british vote to leave

european union

Read more

BRIEF-Energy Transfer Equity announces Chancery Court decision in litigation with the Williams Companies

* Energy Transfer Equity announces Chancery Court decision in litigation with the Williams

Companies

Read more

HBO says Brexit won't hurt 'Game of Thrones' production

LOS ANGELES, June 24 (Reuters) - "Game of Thrones," the hit

HBO cable TV series that is partly filmed in Northern Ireland,

will not suffer due to Britain's decision to leave the European

Union, the...

Read more

UPDATE 9-Obama tries to limit fallout from British EU exit vote

PALO ALTO, Calif., June 24 (Reuters) - U.S. President Barack

Obama on Friday tried to limit the fallout from Britain's vote

to leave the European Union, which threatens to harm the U.S.

economic...

Read more

UPDATE 1-JPMorgan post-Brexit plan hinges on tone of discourse in Europe

NEW YORK, June 24 (Reuters) - JPMorgan Chase & Co is

grappling with how much of its business can stay in Britain and

a lot will depend on how well European Union and U.K.

politicians appear to be...

Read more

BRIEF-Mill Road Capital proposes to buyout Skullcandy for $6.05/shr

* Mill Road Capital proposes to buyout Skullcandy for

$6.05/share - Sec filing

Read more

UPDATE 2-Court says ETE can bolt $20 billion Williams takeover

NEW YORK/WILMINGTON, Del., June 24 (Reuters) - Energy

Transfer Equity won a court ruling on Friday that would

allow the pipeline operator to walk away from its more than $20

billion takeover of rival...

Read more

BRIEF-Actions Semiconductor committee names Houlihan Lokey as financial advisor

* Special committee has retained Houlihan Lokey (China)

limited as its financial advisor

Read more

BRIEF-SAExploration announces commencement of exchange offer, consent solicitation

* Announces commencement of exchange offer and consent

solicitation

Read more

BRIEF-Universal Ventures says executes deal to acquire Promitheas Int'l Ltd

* Universal Ventures Inc announces execution of definitive

agreement to acquire Promitheas Interest'l Ltd.

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

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BRIEF-Midwestone Financial says files for mixed shelf of up to $75 mln

* Says files for mixed shelf of up to $75 million - SEC

Filing

Source - http://1.usa.gov/28QPAgt

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780)

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UPDATE 1-Rio doping lab's credentials suspended ahead of Olympics

SAO PAULO, June 24 (Reuters) - The World Anti-Doping Agency

(WADA) has suspended the credentials of a testing laboratory in

Rio de Janeiro that didn't conform with international standards,

just over...

Read more

BRIEF-Sweett Group says withdraws recommendation for WSP Global offer

* Board of sweett withdrew its recommendation for WSP Global

offer to vote in favour of acquisition in view of superior

financial terms attaching to proposal by Currie & Brown

Read more

U.S. Fed awards $87.5 bln in reverse repos

NEW YORK, June 24 (Reuters) - The Federal Reserve on Friday

awarded $87.5 billion of three-day, fixed-rate reverse

repurchase agreements to 38 bidders at an interest rate of 0.25

percent, the New...

Read more

European parliaments' heads to continue integration despite Brexit

BERLIN, June 24 (Reuters) - The presidents of the national

parliaments in Germany, France, Luxembourg and Italy said on

Friday they would continue work on European integration

following Britain's...

Read more

BRIEF-Hale Capital Partners reports 11.3 pct active stake in Lantronix

* Hale Capital Partners, LP reports 11.3 pct active stake

in Lantronix as of June 17, 2016 - SEC filing

Source - http://1.usa.gov/28S9cDL

Further company coverage:

(Bengaluru Newsroom; +1 646...

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UPDATE 3-United clinches long-sought deal with flight attendants union

June 24 (Reuters) - United Continental Holdings Inc

has reached a deal for the first labor contract in its history

that covers all flight attendants at the company, their union

and the airline said...

Read more

GLOBAL MARKETS-World stocks tumble as Britain votes for EU exit

* Sterling suffers historic fall in massive selloff, yen

jumps

Read more

Brexit vote triggers shock, silence but market chaos averted

LONDON, June 24 (Reuters) - For some traders it felt like

the end of the world, while others greeted Britain's vote to

leave the European Union in stunned silence.

Read more

UPDATE 1-After Brexit, Canada's Bombardier still committed to British operations

TORONTO, June 24 (Reuters) - Canadian plane and train

manufacturer Bombardier Inc said on Friday it was

committed to its operations in Britain, but it was too early to

speculate on the impact of the...

Read more

German, French ministers to pitch plan for flexible EU - source

BERLIN, June 24 (Reuters) - The foreign ministers of Germany

and France plan to present a paper to their colleagues from the

European Union's six founding members on Saturday in which they

will...

Read more

BRIEF-Incipio Group to acquire Skullcandy for $177 million

* Incipio Group to acquire Skullcandy; create leading

technology, creative culture and mobile lifestyle company

Read more

UPDATE 2-German regulators query London base for merged LSE-Deutsche Boerse

* LSE share down 9.7 pct, Deutsche Boerse share down 6 pct

(Adds regulatory source, analyst comment, context)

Read more

Nigeria's cbank sells FX to boost liquidity for fifth straight day

LAGOS, June 24 (Reuters) - Nigeria's central bank sold

dollars on the interbank market for the fifth consecutive day to

ease dollar shortages after it floated the currency earlier this

week, traders...

Read more

BRIEF-El-Erian says would be "little bit cautious" to buy pound in the short term- CNBC

* El-Erian on CNBC - would be "little bit cautious" to buy

pound in the short term

Read more

UPDATE 1-Brexit vote marks a watershed moment for Europe -Merkel

BERLIN, June 24 (Reuters) - Britain's vote to leave the

European Union is deeply regrettable and marks a watershed

moment for European integration, German Chancellor Angela Merkel

said on Friday.

Read more

Hollande says Brexit vote "tough test" for Europe

PARIS, June 24 (Reuters) - French President Francois

Hollande said he respected the British vote to quit the European

Union and that negotiations over its exit must be swift.

Read more

UPDATE 1-Swiss say Brexit vote complicates its EU immigration talks

* Prospects for political deal with EU fade - Swiss

president

Read more

UPDATE 2-UK PM Cameron says will step down by October after Brexit vote

LONDON, June 24 (Reuters) - David Cameron said he would

resign as prime minister by October, after Britons ignored his

plea to stay in the European Union and voted in a referendum to

leave.

Read more

BOJ's Nakaso says to remain in close contact with other central banks

TOKYO, June 24 (Reuters) - The Bank of Japan is taking steps

to remain in close contact with other central banks, Deputy

Governor Hiroshi Nakaso said he told a meeting of cabinet

ministers on Friday...

Read more

FOREX-Sterling hits 30-yr low, yen and franc surge as Brexit shakes markets

* Sterling falls 10 pct to lowest since before 1985 Plaza

Accord

Read more

Swiss say Brexit vote complicates its EU immigration talks

ZURICH, June 24 (Reuters) - Switzerland's talks with

Brussels on curbing immigration from the European Union have

been complicated by Britain's vote to leave the EU but remain a

national priority,...

Read more

HIGHLIGHTS-UK's Cameron says to stand down

LONDON, June 24 (Reuters) - British Prime Minister David

Cameron said he would stand down by October after voters decided

Britain should leave the European Union, something Cameron had

campaigned...

Read more

BRIEF-Citi says has been preparing for potential EU referendum outcome for many months

* Says has been preparing for this potential outcome for

many months, in emailed statement

Read more

Thursday, June 23, 2016

BRIEF-Norway $860-billion wealth fund repeats will remain long-term investor in UK regardless of Brexit

June 24 (Reuters) - Norway's $860-billion sovereign wealth

fund, the world's largest, said:

Read more

BOJ's Nakaso says ready to ease if needed, watching risks

TOKYO, June 24 (Reuters) - Bank of Japan Deputy Governor

Hiroshi Nakaso said on Friday the central bank is ready to ease

monetary policy further if needed to achieve its 2 percent

inflation target,...

Read more

PRESS DIGEST- New York Times business news - June 24

June 24 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

UPDATE 1-Japan signals readiness to intervene as Brexit boosts yen

TOKYO, June 24 (Reuters) - Japan will respond as needed to

"extremely nervous" exchange-rate moves in the wake of Britain's

referendum on leaving the European Union, Finance Minister Taro

Aso said on...

Read more

WRAPUP 7-Britain votes to leave EU in historic divorce

LONDON, June 24 (Reuters) - Britain has voted to leave the

European Union, results from Thursday's landmark referendum

showed, an outcome that sets the country on an uncertain path

and deals the...

Read more

UPDATE 1-Bankers take fright as UK vote count points to Brexit

* But banks fear losing right to serve EU customers

(Recasts to reflect votes to leave the EU ahead)

Read more

UPDATE 1-Petrobras says pension fund needs cash infusion of up to $4.8 bln

RIO DE JANEIRO, June 23 (Reuters) - Brazil's state-run oil

company Petrobras said on Thursday its employee pension fund

will require a cash infusion of up to 16.1 billion reais ($4.8

billion) to make...

Read more

Brexit vote- Neath Port Talbot votes to leave -PA

LONDON, June 24 (Reuters) - Neath Port Talbot in south

Wales, which had been predicted to be one of the 15 closest

results in Britain's European Union membership referendum, voted

strongly to leave...

Read more

Japan govt spokesman: sudden FX moves related to Brexit are undesirable

TOKYO, June 24 (Reuters) - A Japanese government spokesman

said on Friday that sudden moves in currencies and other

financial markets related to Britain's referendum on membership

in the European...

Read more

Brexit vote- Oxford votes less strongly than expected for remain

LONDON, June 24 (Reuters) - The British city of Oxford voted

less strongly than expected to remain in the European Union at

Thursday's membership referendum, official results showed.

Read more

Brexit vote-London's Wandsworth stronger than expected for Remain

LONDON, June 24 (Reuters) - Wandsworth in London voted more

strongly than expected in favour of staying in the European

Union at Thursday's membership referendum.

Read more

CBOE JULY 6 VIX FUTURE UP 0.63 POINTS AT 17.31

CBOE JULY 6 VIX FUTURE UP 0.63 POINTS AT 17.31

Read more

UPDATE 2-Sterling plunges as early EU vote counts hint at Brexit

LONDON, June 24 (Reuters) - Sterling plunged more than six

cents against the dollar on Friday after early EU referendum

vote counts in two north-eastern cities in England suggested

Britons may have...

Read more

UPDATE 2-Fiat Chrysler accused of concealing defect in Jeep Grand Cherokee

LOS ANGELES, June 23 (Reuters) - Jeep Grand Cherokee owners

on Thursday filed suit in California against Fiat Chrysler

, accusing the automaker of concealing a shifter design

defect linked to...

Read more

GLOBAL MARKETS-Stocks, sterling skid as Brexit vote agonisingly close

* Risk assets retreat as results point to close call on

Brexit

Read more

BRIEF-Zoe's Kitchen statement about comments by John Cassimus

* Zoe's kitchen says issues statement regarding comments

made by John Cassimus, son of founder, Zoë Cassimus

Read more

BRIEF-Murphy Oil reduces Q2 production forecast by 8,400 boepd

* Q2 production guidance will be reduced by 8,400 barrels

oil equivalent per day

Read more

UPDATE 1-Viacom CEO asks court to order medical exam of Sumner Redstone

June 23 (Reuters) - Viacom Inc Chief Executive

Philippe Dauman and board member George Abrams asked a

Massachusetts court on Thursday to require an immediate medical

exam of controlling shareholder...

Read more

UPDATE 1-Boeing defends Iran jet deal as new details emerge

June 23 (Reuters) - Boeing Co defended dealings with

Iran on Thursday as further details emerged of a draft deal to

sell or lease 109 aircraft to the country's main carrier.

Read more

BRIEF-Costco Teamsters in New York,New Jersey,Maryland join Western Conference Pension Plan

* Teamsters working at costco in new york,new

jersey,maryland ratified agreement to be covered by western

conference of teamsters pension plan

Source text for Eikon:

Further company coverage:

...

Read more

TREASURIES-Prices tumble as expectations of British EU exit drop

(Adds data, updates prices)

* Polls boost expectations that Britain will stay in EU

* Fed rate policy likely to come back into focus

By Karen Brettell

NEW YORK, June 23 (Reuters) -...

Read more

UPDATE 1-Aera Energy says it was not owner of spilled California oil

HOUSTON, June 23 (Reuters) - Aera Energy, which is owned by

affiliates of Shell and Exxon Mobil, said on

Thursday it was not the owner of some 700 barrels of oil that

spilled in Ventura, California...

Read more

UPDATE 1-San Francisco sets vote on soda tax amid battle on health warnings

NEW YORK, June 23 (Reuters) - San Francisco residents will

have a second chance to vote on whether to tax soda after city

officials this week added the measure to a November ballot that

could result...

Read more

BRIEF-Lockheed Martin elects Ilene Gordon to board of directors

* Gordon is chairman, president and chief executive officer

of Ingredion Incorporated

Read more

BRIEF-SAMCO receives authorized maintenance organization approval for Bombardier C Series Aircraft

* Authorized service facility,samco aircraft maintenance

received c series aircraft part 145 base maintenance approval

from civil aviation authority

Source text for Eikon:

Further company coverage:...

Read more

UPDATE 3-Brazil police arrest former Planning Minister Bernardo

SAO PAULO, June 23 (Reuters) - Brazil police on Thursday

arrested former Minister Paulo Bernardo and raided Workers Party

offices in a spinoff of a massive corruption probe targeting the

country's...

Read more

BRIEF-Rouse Properties Inc. stockholders approve merger

* Votes "for" merger totaled about 51,127,690 million

shares, or approximately 88.32% of company's outstanding shares

of common stock

Source text for Eikon:

Further company coverage:

(Bengaluru...

Read more

UPDATE 1-Argentina reaches agreement over inspection of Monsanto soy

BUENOS AIRES, June 23 (Reuters) - Argentina's government

will oversee the testing of soybean crops under a deal aimed at

satisfying demands by U.S. seed company Monsanto that

its genetically altered...

Read more

BRIEF-Carmat begins CE Certification process for its artificial heart

* Carmat has begun, with Dekra, the ce certification process

for its bioprosthetic artificial heart

Read more

BRIEF-3M recalls hard hats due to shock hazard

June 23 (Reuters) - U.S. Consumer Product Safety Commission

(CPSC):

Read more

Bank Leumi lowers stake in Kenon Holdings to 6.95 pct

TEL AVIV, June 23 (Reuters) - Israel's Bank Leumi

sold a 7.08 percent stake in Kenon Holdings for 159

million shekels ($41.6 million) to Ansonia Holdings Singapore,

reducing its stake in the holding...

Read more

Chilean politician put under house arrest in wide corruption scandal

SANTIAGO, June 23 (Reuters) - A Chilean court ordered that a

prominent former senator be placed under nighttime house arrest,

while authorities investigate him for possible tax fraud and

bribery.

Read more

BRIEF-AtmanCo Inc announces sale of a large block of shares

* Sale by fonds COTE 100 REA II of a block of 4,500,000 common shares of

AtmanCo at a price of $0.04 each for a total price of $180,000

Read more

Goldman to lay off 98 New York employees between July and October



Read more

BRIEF-Cellectar Biosciences says results of CLR 125 study

* Announces results of NCI-sponsored study of CLR 125

showing potential effect against triple negative breast cancer

Read more

BRIEF-Cyanotech Q4 loss per share $0.79

* Qtrly net sales were $8,196,000 compared to $8,547,000, a

decrease of 4.1%

Read more

BRIEF-St. Jude Medical says announces CE Mark approval and launch of SyncAV CRT software

* Announced ce mark approval and launch of syncav crt

software

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

Read more

Brazil's Usiminas says board approved debt renegotiation deal

BRASILIA, June 23 (Reuters) - Brazilian steelmaker Usinas

Siderurgicas de Minas Gerais SA on Thursday said its

board unanimously approved the terms of a debt renegotiation

deal with banks and...

Read more

UPDATE 1-BlackBerry reports first-quarter revenue slump

TORONTO, June 23 (Reuters) - BlackBerry Ltd <BBRY.O)

posted a bigger-than-expected fall in first-quarter revenue on

Thursday, but forecast full- year results above market

expectations.

Read more

UPDATE 1-Belarus may revive potash cooperation with Uralkali

MINSK/MUMBAI, June 23 (Reuters) - Belarus is considering

cooperating with Russian potash producer Uralkali, it

said on Thursday, the first sign the two sides might work

together again since Uralkali...

Read more

Russia's Quadra chairman Dod may face more charges - investigators

MOSCOW, June 23 (Reuters) - Chairman of Russian electricity

producer Quadra Yevgeny Dod may face more charges, the Russian

Investigative Committee said in a statement on Thursday.

Read more

Safe-haven German bonds in favour as tight UK referendum kicks off

* Two polls published late Wednesday give "Remain" camp a

lead

Read more

UPDATE 1-Sterling overnight volatility indicators hit record highs

LONDON, June 23 (Reuters) - The cost of hedging against

swings in sterling over the next 24 hours surged to the highest

on record on Thursday as the contract rolled over to capture the

result of...

Read more

European shares rise as voting starts in Britain's EU referendum

LONDON, June 23 (Reuters) - European shares rose on Thursday

as firmer copper prices lifted mining stocks, while many

investors expected Britain to vote to stay in the European

Union.

Read more

Brexit or no, Europe's "realists" to contain "utopians"

* Whatever referendum result, EU faces tough choices on

unity

Read more

AstraZeneca takes $80 mln hit as U.S. spurns nasal flu vaccine

LONDON, June 23 (Reuters) - AstraZeneca said it

would take an $80 million writedown on stocks of its flu vaccine

Flumist Quadrivalent, which is sprayed into the nose, after U.S.

health authorities...

Read more

UPDATE 1-Britain votes on EU membership after tight and bitter campaign

* For full coverage click on cpurl://apps.cp./cms/?pageId=brexit

on Eikon

(Updates with polls open, S&P warning, G7 plan, newspaper

headlines)

Read more

Wednesday, June 22, 2016

Boeing boss says commercial jet demand strengthening

PARIS, June 23 (Reuters) - Demand for passenger jets is

strengthening, Boeing Co chief Dennis Muilenbeurg was

quoted as saying on Thursday in an interview with French

newspaper Le Figaro.

Read more

INSIGHT-Africa's richest man got a fistful of dollars in Nigerian currency squeeze

LAGOS/LONDON, June 23 (Reuters) - As Nigeria grapples with a

foreign exchange crisis, one person stands out in the scramble

to obtain hard currency: Aliko Dangote, Africa's richest man.

Read more

PRESS DIGEST - Wall Street Journal - June 23

June 23 (Reuters) - The following are the top stories in the

Wall Street Journal. Reuters has not verified these stories and

does not vouch for their accuracy.

Read more

RPT-Chinese buying spree prompts personal touch in private equity sales

* Bilateral talks seen as more effective way to lure China

Inc.

Read more

Payments app Circle raises $60 mln in China expansion

LONDON, June 23 (Reuters) - U.S.-based payments app Circle

has raised $60 million from Chinese investors and launched a

company in China, as it seeks to expand in the world's

second-largest economy.

Read more

Philadelphia Energy shopping East Coast's largest refinery -sources

NEW YORK, June 23 (Reuters) - Philadelphia Energy Solutions,

the Carlyle Group-backed company that breathed new life into a

"zombie" refinery complex on the East Coast is now trying to

shed the...

Read more

UPDATE 1-BOJ's Kiuchi calls for review of negative rates, inflation goal timing

* Negative rate policy destabilising bond market

(Adds quotes, details)

Read more

Japan's FSA monitoring bank FX liquidity ahead of Brexit vote - sources

TOKYO, June 23 (Reuters) - Japan's financial regulator is

monitoring foreign currency liquidity among the country's banks

and brokerages ahead of Britain's closely-run referendum on

European Union...

Read more

PRESS DIGEST- British Business - June 23

June 23 - The following are the top stories on the business

pages of British newspapers. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

Britain votes on EU membership after tight and bitter campaign

LONDON, June 23 (Reuters) - Britons will decide the future

of their country and Europe on Thursday in a vote on European

Union membership after a bitter campaign that appeared to divide

the nation...

Read more

BRIEF-Twilio says public offering of 10.0 mln shares priced at $15.00/share

* Says public offering of 10.0 million shares priced at

$15.00 per share

Read more

DIARY-Top Economic Events to July 3

Major central bank events

** This Diary is filed daily **

-------------------------------------------------------------

Read more

DIARY-Emerging Markets Economic Events to June 30

** This Diary is filed daily ***

---------------------------------------------------------------

Read more

BRIEF-Biological Industries announces agreement with Mediatech

* Announces new agreement with Mediatech Inc a Corning

subsidiary

Read more

BRIEF-Kalobios Pharma says bankruptcy court confirmed amended plan of reorganization

* Kalobios Pharmaceuticals Inc says on June 16, 2016,

bankruptcy court entered an order confirming its amended plan of

reorganization

Read more

BRIEF-Barrett Business Services qtrly net loss of $1.11 per share

* Continues to expect non-gaap gross revenues for next

12-month period to increase approximately 18%

Read more

EMERGING MARKETS-Latam stocks, currencies up ahead of British referendum

(Adds Colombia, analyst comment on Mexico, updates prices)

By Bruno Federowski

SAO PAULO, June 22 (Reuters) - Most Latin American stocks

and currencies rose on Wednesday as optimism grew that...

Read more

CANADA STOCKS-TSX ends barely lower, all eyes on Brexit vote

TORONTO, June 22 (Reuters) - Canada's main stock index

settled barely lower on Wednesday, as energy stocks weighed with

lower oil prices and gold miners gained ahead of Thursday's UK

vote on whether...

Read more

Gundlach says considering selling European equities on 'Bremain' vote

NEW YORK, June 22 (Reuters) - Jeffrey Gundlach, the chief

executive officer at DoubleLine Capital, said Wednesday that his

firm is considering selling its position in European equities

early Friday...

Read more

BRIEF-Eiger Biopharmaceuticals CFO Welch buys 2500 shares of common stock at avg price of $19.79/shr - SEC filing

* CFO James Welch reports purchase of 2500 shares of

company's common stock at average price of $19.79 per share -

SEC filing

Source text - http://1.usa.gov/28QGX7q

Further company coverage:

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WRAPUP 1-Investors see trouble in Musk's dream for Tesla-SolarCity tie-up

June 22 (Reuters) - Investors questioned a plan by Silicon

Valley heavyweight Elon Musk for his electric car company Tesla

Motors to buy his rooftop solar company SolarCity for up to $2.8

billion,...

Read more

BRIEF-U.S. investigates Credit Suisse over possible client tax evasion at Israeli unit - WSJ

* U.S. DOJ probe focused on determining whether Credit

Suisse employees in israel helped dual Israeli and U.S. citizens

to evade american taxes - WSJ

Read more

MOVES-Goldman Sachs hires Cheung from Credit Suisse for loan sales

NEW YORK, June 22 (Reuters) - Goldman Sachs has hired Benji

Cheung from Credit Suisse as a managing director for loan sales,

according to sources.

Read more

CORRECTED-FXCM ups margins once more against Brexit uncertainty

LONDON, June 22 (Reuters) - Online currency broker FXCM

raised required margins for the second time in less

than a month for 18 major FX pairs on Wednesday, advising

clients to put aside more funds...

Read more

UPDATE 1-Chanos: SolarCity deal 'corporate governance at its worst'

NEW YORK, June 22 (Reuters) - Shortseller Jim Chanos of

Kynikos Associates blasted Tesla Motors Inc's proposed

acquisition of SolarCity Corp, describing it as a

"brazen" bailout and "shameful example...

Read more

BlackBerry's top goal to make devices profitable this year -CEO

WATERLOO, Ontario, June 22 (Reuters) - BlackBerry Ltd's

top priority for this year is making its devices

business profitable, its chief executive said on Wednesday, even

as it weighs the future of...

Read more

BRIEF-Uni-President Enterprises to target doubling, even tripling sales in Southeast Asia - nikkei

* Taiwan's Uni-President Enterprises has set a target to at

least double, and even triple, co's sales in Southeast Asia

within a few years - Nikkei

Read more

UPDATE 2-Britons dash for euros and dollars as EU vote nears

* Public see weak pound after a Brexit vote in peak holiday

season

Read more

CANADA STOCKS-TSX rises as financials rally ahead of Brexit vote

TORONTO, June 22 (Reuters) - Canada's main stock index

firmed to a one-week high on Wednesday, led by financial stocks

as investors grew more optimistic that Britons would vote to

stay in the...

Read more

BRIEF-BASF expanding strategic partnership with Aspen Aerogels

* Says expanding strategic partnership with Aspen Aerogels,

Inc

Read more

WRAPUP 1-U.S. existing home sales rise to more than 9-year high

WASHINGTON, June 22 (Reuters) - U.S. home resales rose in

May to a more than nine-year high as improving supply increased

choices for buyers, suggesting the economy remains on solid

footing despite a...

Read more

BRIEF-Wi-Lan subsidiary enters into license agreement with Roundtripping Ltd

* Wi-Lan subsidiary enters into license agreement with

Roundtripping Ltd

Read more

FOREX-Dollar weakens, impending Brexit vote lifts sterling, euro

* Aussie, Kiwi gain on risk appetite revival

(Updates to U.S. trading, changes byline, dateline, previous

London)

Read more

PIMCO: sterling could hit 30 year-low vs dollar after a Brexit vote

LONDON, June 22 (Reuters) - Sterling could fall to its

lowest level against the U.S. dollar in 30 years if Britain

votes to leave the European Union at a referendum on Thursday,

PIMCO's head of...

Read more

BRIEF-ATSG to repurchase $50 mln common shares

* Says to repurchase $50 million of common shares at $13.07

per share, representing approximately 3.8 million shares

Read more

BRIEF-Fed's Jerome Powell on Brexit decision - "We're ready for whatever happens"- CNBC

* Federal Reserve Governor Jerome Powell on Brexit decision

"We're ready for whatever happens"- CNBC

(Bengaluru Newsroom)

Read more

UPDATE 1-Sterling firms as EU vote campaigns enter final stretch

LONDON, June 22 (Reuters) - Sterling rose on Wednesday,

hovering below a 5-1/2-month high against the dollar, as

investors cut bets against the pound just a day before Britain

votes on whether to...

Read more

BRIEF-Karyopharm says initiates phase 1 clinical trial with KPT-9274

* Says first-In-Human, multi-center, open-label,

dose-escalation trial is expected to enroll up to 175 patients

Read more

UPDATE 1-On eve of fateful British EU referendum, rivals race for final votes

* Bitter campaign dominated by immigration and economy

(Adds Cameron quote, details, latest odds)

Read more

BRIEF-Swoot Inc says it has raised $2.8 million in equity financing

* Swoot Inc says it has raised $2.8 mln in equity financing

from total offering amount of $3.0 mln - SEC Filing

Source - http://1.usa.gov/28SURnx

(Bengaluru Newsroom; +1 646 223 8780)

Read more

BRIEF-Geo-Jade Petroleum receives approval to acquire Canada's Bankers Petroleum

* Says it receives Canada government approval on proposed

acquisition of Canada's Bankers Petroleum Ltd

Read more

BRIEF-German competiton watchdog does not expect to complete Facebook investigation this year

* Investigation this year

Source text for Eikon:

Further company coverage:

(Frankfurt Newsroom)

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BRIEF-Changchun Sinoenergy gets approval to acquire Canada's Long Run Exploration

* Says it gets Canadian investment authority's approval to

acquire Canada's Long Run Exploration Ltd

Read more

FOREX-Sterling and euro firm ahead of Brexit vote

LONDON, June 22 (Reuters) - Sterling and the euro inched

higher on the last day of campaigning before Britain's

referendum on EU membership, the pound trading just off its

highest this year after a...

Read more

Malaysian financier Jho Low owned firm linked to 1MDB scandal-source

SINGAPORE/KUALA LUMPUR, June 22 (Reuters) - For the past

year, the Malaysian government has said a company called Good

Star Ltd, which received $1.03 billion from the scandal-hit 1MDB

investment...

Read more

European shares rise as Baer buoys bank stocks

LONDON, June 22 (Reuters) - European shares rose on

Wednesday, with two key regional indexes hitting their highest

level in more than two weeks, as firmer financial stocks led

markets higher.

Read more

UPDATE 1-UK Stocks-Factors to watch on June 22

June 22 (Reuters) - Financial spreadbetters see Britain's FTSE 100

index opening up 10-38 points on Wednesday, or 0.2-0.6 percent, with futures

up 0.2 percent ahead of the cash market open, a day...

Read more

RPT-UBS warns Brexit volatility may affect trading after EU vote

LONDON, June 21 (Reuters) - Swiss investment bank UBS warned

its clients on Tuesday it may fail to execute some orders on its

electronic trading platform should this week's Brexit referendum

affect...

Read more

Tuesday, June 21, 2016

Dividend tax scandal: how banks short-changed Germany

* Finance ministry may have missed earlier chances -

documents

Read more

Gold rush to end whether or not Britain votes to exit EU

LONDON, June 22 (Reuters) - Gold's sharp gains on

uncertainty over Britain's European Union membership are likely

to come to an end, regardless of whether Britons vote to leave

or remain in...

Read more

MIDEAST STOCKS - Factors to watch - June 22

DUBAI, June 22 (Reuters) - Here are some factors that may

affect Middle East stock markets on Wednesday. Reuters has not

verified the press reports and does not vouch for their

accuracy.

Read more

PRESS DIGEST- New York Times business news - June 22

June 22 (Reuters) - The following are the top stories on the

New York Times business pages. Reuters has not verified these

stories and does not vouch for their accuracy.

Read more

UPDATE 1-Brazil says banks solid after Oi bankruptcy petition

SAO PAULO, June 21 (Reuters) - The bankruptcy petition of

mobile phone carrier Oi SA, the biggest ever in

Brazil, poses no threat to the country's state banks or the

wider financial system. the...

Read more

UPDATE 4-Tesla offers $2.8 bln for SolarCity in 'no brainer' deal for Musk

LOS ANGELES/DETROIT, June 21 (Reuters) - Elon Musk on

Tuesday sought to build a clean energy powerhouse as his

electric car maker, Tesla Motors Inc, made an offer to

buy his solar installation firm...

Read more

SoftBank investors shrug off abrupt exit of heir apparent Arora

TOKYO, June 22 (Reuters) - SoftBank Group investors

shrugged off on Wednesday the surprise departure of the heir

apparent at the Japanese internet and telecoms conglomerate,

welcoming founder...

Read more

GLOBAL MARKETS-Asia stocks inch up, nerves fray ahead of Brexit vote

TOKYO/SINGAPORE, June 22 (Reuters) - Asian stocks edged up

on Wednesday as nervous investors counted down to Britain's

make-or-break European Union referendum, while Federal Reserve

Chair Janet...

Read more

BRIEF-Selecta Biosciences IPO of 5 mln shares priced at $14 per share

* Says initial public offering of 5.00 million common shares priced at $14.00per share

Read more

UPDATE 1-North Korean missiles fall in Sea of Japan- Pentagon

WASHINGTON, June 21 (Reuters) - Missiles from North Korea's

two latest missile launches flew over the Sea of Japan where

they both fell, according to initial information, a Pentagon

spokesman said on...

Read more

UPDATE 1-McDonald's gets bids from Beijing Tourism, Sanpower for China, HK sale-sources

* McDonald is China's No. 2 fast food chain behind Yum

(Adds background on Mcdonald's China ranking, Yum sale)

Read more

North Korean missiles fall in Sea of Japan- Pentagon

WASHINGTON, June 21 (Reuters) - Missiles from North Korea's

two latest missile launches flew over the Sea of Japan where

they both fell, according to initial information, a Pentagon

spokesman said on...

Read more

BRIEF-General Obligation Bondholders Of Puerto Rico says bondholders release new proposal for consensual deal on GO debt

June 21 (Reuters) - General Obligation Bondholders Of Puerto

Rico:

Read more

DIARY-Top Economic Events to June 30

Major central bank events

** This Diary is filed daily **

-------------------------------------------------------------

Read more

Samsung takes fight to Apple with mobile wallet strategy

* Samsung takes no fee, hopes the service to boost hardware

sales

Read more

BRIEF-WSI Industries Q3 earnings per share $0.03

* Q3 sales $8.886 million

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom)

Read more

BRIEF-SBA Communications prices $700 mln of secured tower revenue securities

* SBA Communications corporation announces pricing of $700

million of secured tower revenue securities

Read more

BRIEF-Rofin-Sinar Technologies says three proxy firms recommend voting for Coherent merger

* Rofin-Sinar- ISS, Glass Lewis and Egan-Jones have each

independently recommended that Rofin stockholders vote for

adoption of merger agreement with coherent

Source text for Eikon:

Further...

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Fed warns U.S. equity valuations "well above" median

NEW YORK, June 21 (Reuters) - The Federal Reserve on Tuesday

delivered its starkest warning yet under Chair Janet Yellen that

by its assessment U.S. stocks are pricey.

Read more

Argentina's YPF partners with GE to build generating plant

BUENOS AIRES, June 21 (Reuters) - Argentina's state oil

company YPF said on Tuesday it was partnering with

General Electric to build a $170 million generating plant

in the northern province of...

Read more

BRIEF-Mitsubishi Motors sees consolidated net loss of over $956 mln for current FY ending in March - Nikkei

* Mitsubishi Motors' tax burden, related to additional

vehicle tax on behalf of customers, is projected to jump to

between JPY 8 bln - JPY 9 bln this FY - Nikkei

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DIARY - Today in Washington - June 22

0900/1300: The Federal Housing Finance Agency issues U.S.

House Price Index for April.

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LPC: Unknown buyer of leveraged loans causes market intrigue

NEW YORK, June 21 (Reuters) - A mysterious buyer is causing

a stir in the US leveraged loan market.

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UPDATE 1-Fed's Powell warns that dollar-based Libor could disappear

NEW YORK/WASHINGTON, June 21 (Reuters) - Financial markets

need to consider the risks of relying heavily on the

dollar-based London Interbank Offer Rate because this reference

rate could stop being...

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BRIEF-Dominion Virginia Power says has begun construction on its 1,588 MW Greensville County power station

* Dominion Virginia Power Says Has Begun Construction On Its

1,588 megawatt Greensville County power station

Source text for Eikon:

(Bengaluru Newsroom; +1 646 223 8780; )

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UPDATE 1-U.S. 5-year note sale gets weakest bid in 7 years

NEW YORK, June 21 (Reuters) - The U.S. government's

five-year note auction on Tuesday fetched its weakest overall

bid from traders and investors in nearly seven years amid

worries about Thursday's...

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UPDATE 1-IMF deputy managing director Zhu to leave Fund in July

WASHINGTON, June 21 (Reuters) - The International Monetary

Fund said on Tuesday its third highest ranking official, Deputy

Managing Director Min Zhu, will leave the Fund when his

five-year term...

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