News Highlights: Top Equities Stories of the Day
August 31 2015 - 9:16PM
Dow Jones News
David Einhorn's Greenlight Takes a Beating in August
August's wild ride for stocks worsened what already was
hedge-fund mogul David Einhorn's most challenging year since the
financial crisis. (published 0006 GMT)
Central China Real Estate 1H Net Profit Down 19% on Year to CNY318 Mln
Property developer Central China Real Estate Ltd. said its
first-half net profit declined 19% from a year earlier to 318
million yuan . (published 0031 GMT)
Glorious Property Holdings 1H Net Loss Widens to CNY996.6 Mln
Chinese property developer Glorious Property Holdings Ltd. said
its first-half net loss widened to 996.6 million yuan, more than
four times its net loss of CNY221.3 million a year earlier.
(published 0041 GMT)
Ding He Mining Holdings 1H Net Loss Narrows to HK$49.1 Mln
Ding He Mining Holdings Ltd. said its first-half net loss
narrowed to 49.1 million Hong Kong dollars from a loss of HK$211.1
million a year ago. (published 0048 GMT)
China Public Procurement 1H Net Loss Narrows to HK$44.7 Mln
China Public Procurement Ltd. said its first-half net loss
narrowed to 44.7 million Hong Kong dollars compared with HK$78.9
million the same time a year ago due to higher gross margins and
income, and the lack of options expenses. (published 0009 GMT)
StubHub Gets Out of 'All-In' Pricing
Music and sports fans hate discovering big fees tacked on to
ticket purchases just before check out. But there is something they
hate even more: seeing that cost front-loaded into the sticker
price. (published 2354 GMT Monday)
Melco Intl Development 1H Net Profit HK$111.1M, Down From HK$907.6M a Year Ago
Gaming giant Melco International Development Ltd. said its
first-half net profit plunged to 111.1 million Hong Kong dollars
from HK$907.6 million a year ago. (published 2353 GMT Monday)
RadioShack Creditors Sue Hedge Fund Standard General--2nd Update
RadioShack's junior creditors are suing hedge fund Standard
General LP, the company's largest prebankruptcy shareholder and
current owner, in a last-ditch effort to get repaid. (published
2247 GMT Monday)
Medtronic Buys Developer of Devices to Treat Aneurysms
Medtronic PLC has purchased Medina Medical, which develops
medical devices focused on vascular abnormalities of the brain
including cerebral aneurysms. (published 2236 GMT Monday)
Myer Holdings to Raise A$221 Mln, Unveils New Strategy
Department store owner Myer Holdings Ltd. unveiled plans to
raise 221 million Australian dollars to reduce debt and drive an
improvement in sales after its annual profit fell 70%. (published
2236 GMT Monday)
CSC to Acquire SRA, Add to Planned Government-Services Spinoff
Computer Sciences Corp. agreed to acquire SRA International Inc.
and plans to combine the U.S. defense IT company with CSC's
government-services business as it spins off the unit. (published
2227 GMT Monday)
Samsung to Unveil New Smartwatches
Samsung Electronics Co. said Tuesday that it would introduce a
new smartwatch later this week, as the company attempts to prove
that it can outshine rival Apple Inc. on design in a nascent
product category. (published 2100 GMT Monday)
(END) Dow Jones Newswires
August 31, 2015 21:01 ET (01:01 GMT)
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