Friday, 31 March 2017

Reuters Before the Bell: March 31, 2017

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Friday, March 31, 2017
Asia stocks down, dollar posts gains on positive U.S. data
SINGAPORE (Reuters) - Asian shares fell on Friday as investors balanced positions on the last day of the quarter.
Changes at Diageo put focus back on Scotch
LONDON (Reuters) - Diageo, the world's largest spirits maker, spotted in 2015 that drinkers in the emerging middle class in Ghana and Cameroon were keen to show off their new status by buying their own bottles of Johnnie Walker rather than shots.
Turkey's Halkbank says operations, transactions comply with international regulations
ISTANBUL (Reuters) - Turkish state-run lender Halkbank's operations and transactions fully comply with national and international regulations, it said in a statement regarding the arrest of its deputy general manager Mehmet Hakan Atilla in the United States.
J&J declares Actelion tender offer a success, sees closing in second quarter
ZURICH (Reuters) - Johnson & Johnson declared its $30 billion tender offer for Swiss biotechnology company Actelion successful on Friday, reporting it controlled 77.2 percent of the voting rights after the main offer period.
Waymo-Uber judge says may grant injunction if key witness doesn't testify
SAN FRANCISCO (Reuters) - The U.S. judge overseeing a blockbuster case over self-driving car technology suggested Uber could face an injunction if a key Uber executive does not testify for fear of exposing himself to criminal prosecution, according to a transcript seen by Reuters.
Wall Street rises, aided by growth data; Nasdaq ends at record
(Reuters) - Wall Street gained on Thursday, led by financial shares, after data showed U.S. economic growth was stronger than previously reported last quarter, helped by robust consumer spending, and the tech-heavy Nasdaq set a record closing high.
Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom: Nikkei
TOKYO (Reuters) - U.S. private equity firm Silver Lake Partners LP [SILAK.UL] and U.S. chipmaker Broadcom Ltd have offered Toshiba Corp about 2 trillion yen ($17.9 billion) for its chip unit, the Nikkei business daily reported on Friday.
Wells Fargo must face litigation on defective mortgages: U.S. judge
NEW YORK (Reuters) - A federal judge on Thursday said Wells Fargo & Co must face litigation seeking to hold it responsible for billions of dollars of claimed investor losses stemming from its alleged failures as a trustee overseeing risky residential mortgage-backed securities.
FCC to reverse rules on TV station purchases
WASHINGTON (Reuters) - The U.S. Federal Communications Commission said on Thursday it would vote in April to reverse a 2016 rule adopted by the Obama administration that limits the number of television stations some companies can buy.
U.S. judge clears Toshiba's Westinghouse to tap bankruptcy loan
(Reuters) - A U.S. bankruptcy judge on Thursday cleared Westinghouse Electric Co, a unit of Japan's Toshiba Corp , to borrow an initial $350 million to support the company's global operations while it restructures operations.
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