Stocks on the move
Real-time Equity news
U.S. stock market report
0910 EST 09Nov2009
Ball Corp to buy remaining stake in Chinese plant
Ball Corp on Monday said it would buy out the remaining stake in a Chinese beverage can plant for $90 million in cash and debt.
The company has owned about 35 percent of the plant since 1992.
The deal is expected to close in 2010.
For details, see
Shares of the company closed Friday at $49.50.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0905 EST 09Nov2009
Nokia to replace 14 mln phone chargers
Nokia Corp on Monday said it would be replacing 14 million cellphone chargers, which it said could giver users an electric shock.
The company said its Chinese supplier BYD would cover the costs of recalling the chargers, for which handset makers normally pay around $1.
For details, see
U.S.-listed shares of Nokia rose 3 percent to $13.60 in premarket trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0856 EST 09Nov2009
Kohlberg shares drop, delays filing of Q3 results
Shares of Kohlberg Capital Corp fell in premarket trading on Monday, after the company delayed the filing of its third-quarter results.
The results are being delayed after the company's independent public accountants, Deloitte & Touche LLP, raised questions about the process of valuing certain loan portfolio investments.
For details, see
The stock fell 9.4 percent to $5 before the bell.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0825 EST 09Nov2009
McDonald's rises after October sales data
Shares of McDonald's Corp rose in premarket trading on Monday, after the company reported its October sales data.
The fast food giant posted an increase of 3.3 percent in its global comparable sales. Same-store sales in the United States were down 0.1 percent, while European same-store sales were up 6.4 percent.
For details, see
Shares of the Dow component rose 0.7 percent to $62.20 before the bell.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0820 EST 09Nov2009
XenoPort says FDA extends review of drug
Shares of XenoPort Inc edged lower in premarket trading on Monday, after the company said the Food and Drug Administration delayed by three months the review of its drug for restless leg syndrome.
The U.S. Food and Drug Administration had determined that a Risk Evaluation and Mitigation Strategy was necessary for the drug.
For details, see
The stock fell 0.8 percent to $18 in premarket trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0815 EST 09Nov2009
M. Stanley may sell stake in China bank
Morgan Stanley is looking to sell its 34 percent stake in investment bank China International Capital Corp, the U.S. bank's China chief executive said on Monday.
'We are a passive investor in CICC, so getting out (of it) is the general direction,' Wei Sun Christianson told Reuters on the sidelines of a conference.
She did not say whether Morgan Stanley was in talks to sell its stake or name potential investors.
For details, see
Shares of Morgan Stanley was trading up 1.5 percent in premarket trade at $33.09
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Real-time Equity news
U.S. stock market report
0910 EST 09Nov2009
Ball Corp to buy remaining stake in Chinese plant
Ball Corp on Monday said it would buy out the remaining stake in a Chinese beverage can plant for $90 million in cash and debt.
The company has owned about 35 percent of the plant since 1992.
The deal is expected to close in 2010.
For details, see
Shares of the company closed Friday at $49.50.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0905 EST 09Nov2009
Nokia to replace 14 mln phone chargers
Nokia Corp on Monday said it would be replacing 14 million cellphone chargers, which it said could giver users an electric shock.
The company said its Chinese supplier BYD would cover the costs of recalling the chargers, for which handset makers normally pay around $1.
For details, see
U.S.-listed shares of Nokia rose 3 percent to $13.60 in premarket trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0856 EST 09Nov2009
Kohlberg shares drop, delays filing of Q3 results
Shares of Kohlberg Capital Corp fell in premarket trading on Monday, after the company delayed the filing of its third-quarter results.
The results are being delayed after the company's independent public accountants, Deloitte & Touche LLP, raised questions about the process of valuing certain loan portfolio investments.
For details, see
The stock fell 9.4 percent to $5 before the bell.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0825 EST 09Nov2009
McDonald's rises after October sales data
Shares of McDonald's Corp rose in premarket trading on Monday, after the company reported its October sales data.
The fast food giant posted an increase of 3.3 percent in its global comparable sales. Same-store sales in the United States were down 0.1 percent, while European same-store sales were up 6.4 percent.
For details, see
Shares of the Dow component rose 0.7 percent to $62.20 before the bell.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0820 EST 09Nov2009
XenoPort says FDA extends review of drug
Shares of XenoPort Inc edged lower in premarket trading on Monday, after the company said the Food and Drug Administration delayed by three months the review of its drug for restless leg syndrome.
The U.S. Food and Drug Administration had determined that a Risk Evaluation and Mitigation Strategy was necessary for the drug.
For details, see
The stock fell 0.8 percent to $18 in premarket trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0815 EST 09Nov2009
M. Stanley may sell stake in China bank
Morgan Stanley is looking to sell its 34 percent stake in investment bank China International Capital Corp, the U.S. bank's China chief executive said on Monday.
'We are a passive investor in CICC, so getting out (of it) is the general direction,' Wei Sun Christianson told Reuters on the sidelines of a conference.
She did not say whether Morgan Stanley was in talks to sell its stake or name potential investors.
For details, see
Shares of Morgan Stanley was trading up 1.5 percent in premarket trade at $33.09
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.