Singapore's CapitaLand Q2 net profit rises 5.8 pct

SINGAPORE, July 28 - CapitaLand Ltd, Southeast Asia's largest property developer, said second-quarter profit rose 5.8 percent on the year mainly due to fair value gains from two properties.

7:44pm EDT

Pine Brook to invest in oil explorer Red Bluff Resources -sources

Aug 4 - Pine Brook Partners has agreed to invest up to $300 million in Red Bluff Resources Holdings LLC, an oil and gas exploration startup formed by the former management of RKI Exploration & Production, according to two people familiar with the matter.

Calpers suggests California pension ballot measure might be illegal

LOS ANGELES, Aug 4 - America's biggest public pension fund, Calpers, has broken its silence over a controversial California ballot measure that seeks to cut worker pensions by suggesting the move might be illegal.

UPDATE 1-U.S. luxury fashion retailer Neiman Marcus files for IPO

Aug 4 - U.S. luxury fashion retailer Neiman Marcus Group Inc filed with U.S. regulators on Tuesday for an initial public offering, the second time in two years it has unveiled plans to go public.

Australia shares set for soft open after Wall St decline

SYDNEY, Aug 5 - Australian stocks are likely to open lower on Wednesday, following a negative lead from Wall Street where worries about an eventual hike in U.S. interest rates weighed on sentiment. Any declines, however, may be limited as firmer copper and iron ore prices help underpin the resources sector. Indicating a soft start, stock index futures fell 0.3 percent to 5,623.0, a 74.9 point discount to the underlying S&P/ASX 200 index. The benchmark index closed 0.3 percen

6:23pm EDT
Berkshire Hathaway Inc $214,150.00 +0.30%
Wells Fargo & Co $57.82 -0.16%
JPMorgan Chase & Co $68.46 -0.10%


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