China Resources Land Buys Four Plots of Land for CNY6.14 Billion 

China Resources Land Ltd. said Thursday it bought four plots of land in April for a combined 6.14 billion yuan . (published 0410 GMT)

 
 
CFPB Unveils Proposed Rule to Let Consumers Sue Banks, Credit-Card Companies 

The Consumer Financial Protection Bureau unveiled a proposed rule Thursday to restrict the use of arbitration clauses in consumer financial contracts, a step that would shift power to consumers and away from companies for a wide range of financial products from credit cards to bank accounts to private student loans. (published 0401 GMT)

 
 
United Online, Owner of NetZero, Agrees to $170 Million Sale 

United Online Inc., which has been to home to 1990s-vintage Internet brands such as NetZero and Classmates.com over the years, agreed to be sold for $170 million to B. Riley Financial Inc., more than five months after rejecting a bid. (published 0312 GMT)

 
 
Philippine National Bank 1Q Net Profit More Than Doubles to PHP2.6 Bln 

Philippine National Bank said Thursday that net profit in the first quarter more than doubled to 2.6 billion pesos from 1.2 billion pesos in the year-earlier period. (published 0252 GMT)

 
 
Globe Telecom 1Q Net Profit PHP4.34 Bln, Up 3% on Year 

Globe Telecom Inc., the Philippines' second-largest telecommunications company by sales, said Thursday first-quarter net profit rose 3% on year to 4.34 billion pesos . (published 0154 GMT)

 
 
CF Industries: Pricing Hurt 1Q But Fundamentals Were Strong 

Fertilizer maker CF Industries Holdings Inc. said it had strong fundamentals and record sales volume in the first quarter, but said earnings fell amid lower prices. (published 0131 GMT)

 
 
Whole Foods Market Cuts Annual Guidance -- 2nd Update 

Whole Foods Market Inc. on Wednesday cut its full-year sales and profit guidance as fresh discounts failed to halt the decline in a key sales measure. (published 0013 GMT)

 
 
Fraser & Neave to Spend MYR210 Million on Malaysia Plants 

Fraser & Neave Ltd. on Thursday said its Malaysian unit will spend about 210 million Malaysian ringgit to expand capacity there. (published 0041 GMT)

 
 
GoDaddy Posts Revenue Slightly Above Guidance -- Update 

GoDaddy Inc. posted growth in customers and average revenue per user during the first quarter as total revenue slightly exceeded its guidance. (published 0027 GMT)

 
 
 

(END) Dow Jones Newswires

May 05, 2016 02:00 ET (06:00 GMT)

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