UPDATE 1-Infineon raises 2017 outlook on stronger automotive orders
* Shares rise 8.5 pct to 15-year high at top of sector index (Adds detail, background, updates shares)
Aug 26 Burger King Worldwide Inc agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc in cash and stock to create the third-largest quick service restaurant group with sales of about $23 billion.
Tim Hortons shareholders will receive C$65.50 in cash and 0.8025 shares of the new company for every share they own, the companies said in a joint statement. (Reporting by Ashutosh Pandey in Bangalore; Editing by Savio D'Souza)
March 24 Halliburton Co, the world's No. 2 oilfield services provider, warned that its first-quarter profit would likely miss analysts' expectations due to higher costs and weak demand in markets outside North America.