FRENCH COMPUTER-SERVICES CO. ATOS TO BUY XEROX'S IT OUTSOURCING UNIT
Computer-services company Atos SA will buy Xerox Corp.'s
information technology outsourcing business for $1.05 billion in
cash, a deal that would bolster the French company's position in
the U.S. (published 0037 GMT)
UNILEVER WITHDRAWS SUIT AGAINST MAKER OF EGG-FREE 'MAYO' -- UPDATE
Unilever PLC on Thursday said it is withdrawing a high-profile
lawsuit it filed against a California food startup over the
marketing of mayonnaise. (published 0028 GMT)
AMERICAN APPAREL APPROACHED ABOUT POSSIBLE TAKEOVER, SOURCES SAY -- UPDATE
American Apparel Inc. has been approached by Irving Place
Capital about a possible takeover, according to people familiar
with the matter. (published 0024 GMT)
NIKE SEES JUMP IN SALES, GROWTH CONCERNS -- 4TH UPDATE
Nike Inc. reported strong sales growth, but a dip in future
orders coupled with underwhelming margin expansion tempered the
outlook for the world's biggest sportswear maker. (published 0012
GMT)
METLIFE CONSIDERS CHALLENGING 'SYSTEMICALLY IMPORTANT' LABEL
The nation's biggest life insurer by assets is weighing a legal
showdown with the U.S. after a panel of regulators concluded it
poses significant risks to the financial system and warrants
tougher oversight. (published 2346 GMT Thursday)
ROYAL BANK OF CANADA TO PAY $35 MILLION PENALTY FOR ILLEGAL FUTURES TRADING -- 2ND UPDATE
Royal Bank of Canada will pay a $35 million penalty for engaging
in illegal futures trading with itself over a three-year period in
one of the biggest such cases brought by regulators. (published
2348 GMT Thursday)
SANTOS SECURES ADDITIONAL 3-YEAR, A$1 BILLION DEBT FACILITY
Australia's Santos Ltd. has secured an additional 1 billion
Australian dollar line of debt as it digs in against the continued
slump in oil prices. (published 2316 GMT Thursday)
KEPPEL LAND: TO BUY 75% EQUITY STAKE IN MALLS DEVELOPER AND SELLER ARRAY
Keppel Land Ltd. has signed a deal to buy a 75% equity stake in
Array Real Estate Pte. Ltd., a malls developer and leasing firm in
Hong Kong. (published 0054 GMT)
WAL-MART DE MEXICO SELLS BANK BUSINESS TO INBURSA -- UPDATE
Retailer Wal-Mart de Mexico SAB said Thursday it has agreed to
sell its banking unit to Grupo Financiero Inbursa SAB, Mexican
billionaire Carlos Slim's bank. (published 2304 GMT Thursday)
DUPONT NAMES PLANNED PERFORMANCE CHEMICALS SPINOFF
DuPont Co. said it plans to name the new public company created
by the spinoff of its company's performance chemicals business the
Chemours Co. (published 2237 GMT Thursday)
CINTAS PROFIT RISES ON BUSINESS SHED, DOCUMENT-SHREDDING PARTNERSHIP
Cintas Corp.'s second-quarter profit rose 42% as the company
benefited from the disposal of its document storage and imaging
business and a partnership with Shred-it International Inc.
(published 2153 GMT Thursday)
NEW ZEALAND REGULATOR DELAYS DECISION ON COPPER LINE PRICING TO SEPTEMBER
New Zealand's regulatory body Friday delayed when it will make a
final decision on the prices that telecommunications-infrastructure
company Chorus Ltd. can charge for the use of its copper lines and
broadband services. (published 2157 GMT Thursday)
NEW YORK BANK REGULATOR UNVEILS REVISED BITCOIN LICENSING PLAN -- 2ND UPDATE
New York's top financial regulator on Thursday unveiled a
significantly modified plan to regulate digital-currency firms
after his initial attempt drew fire from bitcoin entrepreneurs who
said it would harm innovation. (published 2309 GMT Thursday)
GOLDMAN'S WALDRON TO REPLACE WEINBERG AS CO-HEAD OF INVESTMENT BANKING -- UPDATE
Goldman Sachs Group Inc. promoted John Waldron to co-head of
investment banking, replacing John S. Weinberg, a vice chairman
whose father and grandfather once led the Wall Street firm.
(published 2306 GMT Thursday)