News Highlights: Top Equities Stories of the Day
05 May 2016 - 7:15AM
Dow Jones News
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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