SAN FRANCISCO - Hewlett-Packard Co's quarterly profit slid 32 percent but the world's largest personal computer maker raised the lower end of its full-year outlook after earnings per share beat forecasts, sending its stock 10 percent higher.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Softbank changes eAccess share swap ratio after stock decline
TOKYO (Reuters) - Japan's Softbank Corp said on Friday it will change its share swap ratio with eAccess Ltd, which it acquired in a $1.84 billion deal at the start of last month.
Softbank said it will change the swap ratio to 20.09 from 16.74. The decision follows a decline in Softbank's share price that took place after it announced in October that it would buy a 70 percent stake in Sprint Nextel Corp, the third-largest U.S. carrier.
(Reporting by Shinichi Saoshiro; Editing by Matt Driskill)
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