UKX FTSE 100 Index

 
Chinese Takeover of Aixtron Collapses After U.S. Ban 
 

A Chinese takeover bid for Aixtron of Germany collapsed, a week after President Barack Obama blocked the deal on national-security grounds, according to a statement from the suitor.

 
Dell Technologies Revenue Rises on EMC Deal 
 

Dell Technologies said revenue rose in its latest quarter though its loss deepened, months after the megamerger of Dell and EMC was completed.

 
McDonald's to Move Non-U.S. Tax Base to the UK 
 

McDonald's said a large portion of its non-U.S. income would be taxed in the U.K., following a restructuring that shifts operations away from Luxembourg.

 
Home Builder Hovnanian Posts Disappointing Results 
 

Home builder Hovnanian Enterprises Inc., which has struggled under a massive debt load, said earnings declined in the latest period even though revenue rose, hurt by climbing expenses.

 
Losses Mount at Sears 
 

Sears Holdings reported a $748 million quarterly loss as revenue and gross margin fell, extending woes for the struggling retailer as it continues to explore ways to monetize its key brands.

 
Stifel to Pay $25 Million in CDO Settlement 
 

Stifel Nicolaus and a former executive will pay about $25 million to settle SEC claims that it sold "unsuitably risky and complex" financial instruments to five school districts in Wisconsin.

 
Canada to Buy Plane Fleet from Airbus 
 

Airbus Group said it had secured a deal with the Canadian government to provide a new fleet of search-and-rescue planes.

 
Glencore Cements Russian Connections With Rosneft Deal 
 

Glencore's move to take a stake in Russian oil producer Rosneft appears to be a victory for the Swiss commodity trader in a market it once dominated.

 
Sovereign-Wealth Funds, Macquarie Buy Stake in U.K. Gas Business 
 

A consortium led by Macquarie and including sovereign-wealth funds from China and Qatar agreed to buy a stake in National Grid's U.K. gas-distribution business for about $4.56 billion.

 
Petrobras Reaffirms Asset Sale Goal 
 

Brazilian state-run oil company Petróleo Brasileiro reiterated its goal of selling more than $4 billion in assets by the end of the year, despite court rulings challenging its divestment program this week.

(END) Dow Jones Newswires

December 08, 2016 13:00 ET (18:00 GMT)

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