China United Network Communications to Sell CNY15 Billion 2-Month Bills Monday - Source
China United Network Communications Corp., a wholly-owned unit of China Unicom (Hong Kong) Ltd. (0762.HK), plans to sell 15 billion yuan ($2.37 billion) worth of two-month bills on the interbank market Monday, a person familiar with the situation said Thursday.
Norris loses 10th straight as Astros fall to Cardinals 4-2
Bud Norris just can't catch a break. He lost his 10th straight decision as Houston fell to the St. Louis Cardinals 4-2 on Wednesday night. Norris (5-11) allowed three runs in six innings. He's got a 6.78 ERA in his last 14 starts in which he's 0-10. "I didn't have my best slider tonight but I
Fortescue Says FY12 Net Profit Up 53%, Debt Pile Jumps
Fortescue Metals Group Ltd. (FMG.AU) Thursday reported a 53% rise in full-year net profit, but saw its debt pile swell to US$8.5 billion as it presses on with plans to triple iron ore output in Australia's Pilbara region despite slumping commodity prices.
Heineken Buys More Asia Pacific Breweries Shares
Heineken NV (HEIA.AE) bought over $40.2 million worth of Asia Pacific Breweries Ltd. (A46.SG) shares on Wednesday, raising its direct stake in the Singapore company to 12.54% as the Dutch brewer continues shoring up its bid to acquire the maker of Tiger Beer.
IAG Shares Near 2.5-Year High As Investors Cheer 2012 Results
Shares in Insurance Australia Group Ltd. (IAG.AU) surged to a nearly 2.5-year high on Thursday as investors shrugged off poor results from the group's ailing U.K. business to focus on growth in its domestic business.
ISS Criticizes Merger Between Glencore and Xstrata Merger -FT
Shareholder advisory firm ISS has recommended shareholders vote against the proposed merger between Glencore International PLC (GLEN.LN) and Xstrata PLC (XTA.LN), the Financial Times newspaper reported Wednesday on its website.
Qantas Reports Loss, Cancels Boeing Aircraft Worth $8.5 Billion
Australia's flag carrier Qantas Airways Ltd. (QAN.AU) reported its first annual loss in almost two decades Thursday and cancelled orders for 35 Boeing Co. (BA) fuel-efficient aircraft in a bid to save US$8.5 billion.
Asian Shares Mixed, China PMI in Focus
Asian markets were mixed early on Thursday, as hopes for stimulus out of the U.S. lifted Australian stocks, while Japan dropped on a stronger yen.
The Striking Price Daily: Swap Pricey Stocks for Cheap Calls ---- By Steven M. Sears
The price of call options has fallen to record lows, which has created extraordinary opportunities for nimble bulls to take advantage of potential gains with limited risk.