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UPDATE 2-Whirlpool revised 2015 outlook boosts shares as quarterly profit rises

2015-10-23 19:42:36| Appliances - Topix.net

Shares of Whirlpool Corp rose in pre-market trading on Friday after the appliance maker revised its expectations for 2015 earnings per share but posted higher-than-expected third quarter earnings. Whirlpool revised its outlook full-year ongoing business earning per diluted share to $12 to $12.50 from $12 to $13.

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Mid-Afternoon Market Update: Crude Oil Rises 2%; Zafgen Shares Dip On Beloranib Partial Clinical Hold

2015-10-17 09:43:41| Steel - Topix.net

Toward the end of trading Friday, the Dow traded up 0.23 percent to 17,181.30 while the NASDAQ climbed 0.12 percent to 4,876.10. The S&P also rose, gaining 0.28 percent to 2,029.44.

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UPDATE 1-India's state-owned LIC buys 86 pct of Indian Oil shares on offer

2015-08-27 00:19:52| Steel - Topix.net

State-owned Life Insurance Corporation of India bought 86 percent of shares on offer in state-run Indian Oil Corp this week, salvaging a $1.4 billion government sale as the Indian market took its biggest tumble in more than six years. LIC, India's biggest investor, has in the past dug into its pockets to prop up government sales, buying up state banks and government mining firms.

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Mid-Day Market Update: Sigma Designs Surges On Upbeat Results; Boulder Brands Shares Drop

2015-06-11 01:51:14| Steel - Topix.net

Midway through trading Wednesday, the Dow traded up 0.91 percent to 17,925.03 while the NASDAQ gained 0.77 percent to 5,052.70. The S&P also rose, gaining 0.80 percent to 2,096.84.

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UPDATE 1-Nippon says Ternium transferred shares before Usiminas vote

2015-03-31 02:40:21| Steel - Topix.net

Nippon Steel & Sumitomo Metal Corp said on Monday it had reported Ternium to Brazil's CVM market regulator for transferring to third parties shares in steelmaker Usiminas, which they jointly control, before a vote to elect a new chairman next week. The transfer "is a clear violation of the shareholder pact and of Brazilian law," Nippon said in a statement which quoted part of the agreement.

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