SYDNEY, Feb 24 Australia's largest milk processor Murray Goulburn swung to a first-half net loss on Friday as a worldwide glut of milk formula hammered exports to China, sending its shares sharply lower.
Feb 23 Hewlett Packard Enterprise Co, the corporate hardware and enterprise software business of Hewlett-Packard Co, cut its full-year profit forecast, as the company faces intense competition in its cloud-related business and struggles with a strong dollar.
Feb 23 Gap Inc said it expected comparable sales to be flat to up slightly in 2017, reversing two straight years of declines, indicating that the apparel chain's turnaround efforts are gaining momentum.
SYDNEY, Feb 24 Shares in Australia's biggest milk producer Murray Goulburn fell nine percent on Friday after the company posted a first-half net loss.
WASHINGTON, Feb 23 The U.S. Justice Department has reversed an order by the Obama administration to phase out the use of private contractors to run federal prisons.
SAN FRANCISCO, Feb 23 Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get "close to the edge" as it burns cash ahead of its crucial Model 3 launch.
Feb 23 Shares of L Brands Inc tumbled to a three-year low on Thursday, a day after the retailer said it expected sluggish demand for Victoria's Secret lingerie to force its biggest brand's steepest ever monthly decline in comparable sales.
* Intu Properties, RSA top gainers (Recasts, adds details and updates prices at close)
* Co's last chance to maintain brand equity, interest - Stifel
* Shares fall as much as 6.6 pct (Adds analysts' expectations; updates shares)
WASHINGTON President Donald Trump said on Thursday he wants to ensure the U.S. nuclear arsenal is at the "top of the pack," saying the United States has fallen behind in its weapons capacity. | Video