News Highlights: Top Equities Stories of the Day
04 September 2015 - 2:15AM
Dow Jones News
Amazon to Buy Video Reformatter Elemental Technologies--Update
Amazon.com Inc. is putting itself at the center of the Web video
boom. (published 2241 GMT Thursday)
China Financial International Investments: Raising HK$1.3 Billion via Share Sale
China Financial International Investments Ltd., said Thursday it
is raising total 1.3 billion Hong Kong dollars from share sales in
four subscriptions in order to fund investment in various
businesses as well as for general working capital. (published 0038
GMT)
Synertone Communication: Expect to Swing to Substantial Loss in 1H
Synertone Communication Corp., a manufacturer of communication
systems and equipment, said late Wednesday it expects to swing to
substantial loss in the first half, as China's economic slowdown
weighed on its business and revenue. (published 0056 GMT)
BBMG Corp: Chief Financial Officer Wang Hongjun Resigns
BBMG Corp., a cement producer and property developer
headquartered in Beijing, said Friday its chief financial officer
Wang Hongjun resigned due to 'work re-designation' without further
elaboration. (published 0016 GMT)
Amazon to Buy Video Reformatter Elemental Technologies--2nd Update
Amazon.com Inc. is putting itself at the center of the Web video
boom. (published 2345 GMT Thursday)
Facebook Advances Bazaar Ambitions
Facebook Inc. is channeling eBay Inc. in its latest effort to
become a trading bazaar. (published 2332 GMT Thursday)
Allergan to Buy Privately Held AqueSys for $300 Million
Allergan PLC has reached an agreement to buy AqueSys Inc. for
$300 million in cash and potential milestone payments. (published
2143 GMT Thursday)
VeriFone Swings to a Profit; Shares Fall on End-of-Year Outlook
VeriFone Systems Inc. swung to a third-quarter profit as higher
revenue in North America offset declines in its other segments,
driving the electronic-payments-equipment company into its first
half-billion-dollar revenue quarter. (published 2053 GMT
Thursday)
Gap's Softer Sales Streak Carries Into August
Gap Inc.'s disappointing sales streak carried into August, with
its Banana Republic and Gap stores reporting steeper sales declines
at established stores that the retailer partly attributed to the
Labor Day holiday being observed later in September than a year
ago. (published 2046 GMT Thursday)
Volkswagen's Top Shareholder Supports CFO for Chairman
The story of intrigue and back-stabbing atop Europe's biggest
auto maker took an unexpected turn on Thursday when the Porsche and
Piech clans that control Volkswagen AG named the company's finance
chief, Hans Dieter Pötsch, as their candidate for chairman.
(published 2014 GMT Thursday)
(END) Dow Jones Newswires
September 03, 2015 21:00 ET (01:00 GMT)
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