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Fiat shares jump on Chrysler merger deal
MILAN - Fiat's $4.35 billion deal to gain full control of Chrysler Group LLC sent its shares to a near 2-1/2-year high on Thursday, despite doubts over whether the Italian carmaker could use the merger to cut losses in Europe. | Video
Samsung Electronics drops 5 percent on weak earnings outlook, soaring won
SEOUL - Samsung Electronics Co Ltd fell more than 5 percent on Thursday to its lowest in over four months, weighed down by analysts' forecasts of lower quarterly earnings due to the strong won currency and weaker margins at its display business.
Italy presses Monte Paschi to complete $4 billion cash call
MILAN/ROME - The Italian government has urged Banca Monte dei Paschi di Siena to complete its planned 3 billion euro ($4 billion) cash call and avoid the threat of a state takeover after a stand-off between management and shareholders. | Video
UniPixel shares fall after CEO resigns
- Touch sensor film maker UniPixel Inc's shares fell as much as 18 percent after the company said Chief Executive Reed Killon has resigned on Monday.
Textura shares fall after short-seller Citron alleges fraud
- Short-seller Citron Research accused software maker Textura Corp of lying to the Securities and Exchange Commission about the involvement of Chief Executive Patrick Allin in a "pump-and-dump" scheme.
Reitmans' shares rise after Fairfax buys stake
TORONTO - Shares in Reitmans Canada Ltd rose 6.9 percent on Monday, following an announcement by Fairfax Financial Holdings that it has acquired a sizable stake in the Canadian clothing retailer.
Seagate to buy Xyratex to add test equipment business
- Seagate Technology Plc said it would buy network and storage equipment maker Xyratex Ltd for about $374 million to strengthen its supply and manufacturing chain for disk drives.
Qatar plans first IPO since 2010, for unit of Qatar Petroleum
DOHA - Mesaieed Petrochemical Holding Co, a unit of state-owned energy giant Qatar Petroleum , will conduct a 3.2 billion- riyal ($880 million) initial public offering of its shares in the local market next month, officials said on Sunday.
Colas shares rise on $1.1 billion sale of Cofiroute stake
PARIS - Shares in France's Colas rose 3 percent on Monday after the road building company struck a long-awaited deal to sell its stake in motorway operator Cofiroute to partner Vinci for up to 800 million euros ($1.1 billion).
Daimler hedges against Tesla share price decline
FRANKFURT - Daimler AG , the German maker of Mercedes-Benz cars, has hedged its holding in Tesla Motors Inc against a decline in value over the next three years, as it seeks to broaden its alliance with the U.S. electric-car maker.
No related earnings announcements are currently scheduled within the next 7 days.
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