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Brookfield to make changes to simplify Brookfield Asset Management's structure

Brookfield to make changes to simplify Brookfield Asset Management's structure Oct 31 (Reuters) - Brookfield Corporation BN.TO and Brookfield Asset Management BAM.TO said on Thursday that they will make changes to Brookfield Asset Management's corporate structure. Brookfield Asset Management has entered into an agreement whereby it would own 100% of the asset management business, the companies said.

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Meyer Burger in talks with bondholders to inject fresh capital

UPDATE 1-Meyer Burger in talks with bondholders to inject fresh capital Adds details and background paragraph 3 onwards Oct 31 (Reuters) - Swiss solar panel maker Meyer Burger MBTN.S said on Thursday it has entered advanced negotiations with a group of holders of its convertible bonds maturing in 2027 and 2029 to inject fresh capital into the business and restructure existing liabilities under certain convertible bonds.

Australia's Universal Store Holdings gains; Bell Potter lifts PT

BUZZ-Australia's Universal Store Holdings gains; Bell Potter lifts PT ** Shares of Australia's Universal Store Holdings UNI.AX rise as much as 1.7% to A$8 ** Analysts at Bell Potter raise PT on the retailer to A$8.85 from A$7.80; keep rating at "buy" ** Brokerage sees 10.5% growth in comparable sales for 1H and 6.8% for 2H for co's Universal Store

Australia's Noble Helium falls on non-receipt of Interpol clearance for rig

BUZZ-Australia's Noble Helium falls on non-receipt of Interpol clearance for rig ** Shares of Noble Helium NHE.AX fall as much as 8.6% to A$0.053, hitting their lowest level since Oct. 11 ** Commodity chemicals explorer says BoreXpert rig delayed at Kenya/Tanzania border ** Co says paperwork related to Interpol clearance , started several weeks ago

Brookfield to make changes to simplify Brookfield Asset Management's structure

Brookfield to make changes to simplify Brookfield Asset Management's structure Oct 31 (Reuters) - Brookfield Corporation BN.TO and Brookfield Asset Management BAM.TO said on Thursday that they will make changes to Brookfield Asset Management's corporate structure. Brookfield Asset Management has entered into an agreement whereby it would own 100% of the asset management business, the companies said.

Jarden raises questions on MinRes' gas deal with Hancock; shares slip

BUZZ-Jarden raises questions on MinRes' gas deal with Hancock; shares slip ** Analysts at Jarden raise questions of Mineral Resources' (MinRes) MIN.AX A$1.1 bln ($723.58 mln) gas deal with Hancock Prospecting ** Brokerage says the value of the deal is A$1.1 bln pre-tax but would come down to A$667 mln after taxes ** Lowers PT on the lithium miner t

Australia's Wesfarmers slips; Jarden cuts earnings estimate

BUZZ-Australia's Wesfarmers slips; Jarden cuts earnings estimate ** Shares of Australia's Wesfarmers WES.AX fall as much as 1.3% to A$66.39 ** Stock hits lowest since July 10 ** Analysts at Jarden lower earnings est. on Australia's largest-listed conglomerate by 3% for FY25 ** Brokerage says est. downgrade largely reflecting softer commentary acros
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Macquarie slides as H1 earnings miss estimates

BUZZ-Macquarie slides as H1 earnings miss estimates ** Shares of Australia's Macquarie MQG.AX fall as much as 4.5% to A$221.11 ** Stock set for weakest trading session since early August and hits lowest since Sept. 6 ** Financial conglomerate posts earnings which fell short of market expectations ** Records HY profit attributable of A$1.61 billion

Getty Images to issue a refund for charging extra to customers, Australia watchdog says

UPDATE 1-Getty Images to issue a refund for charging extra to customers, Australia watchdog says Adds details from paragraph 2 onwards Nov 1 (Reuters) - Australia's competition watchdog said on Friday Getty Images GETY.N has committed to issue an A$78,000 ($51,316.20) refund to more than 200 customers who were allegedly charged greater-than-disclosed amounts for cancelling their iStock subscriptions.

Boeing Says Average Annual Machinist Pay At End Of 4-Year Contract Will Be $119,309 If Offer Is Accepted

BRIEF-Boeing Says Average Annual Machinist Pay At End Of 4-Year Contract Will Be $119,309 If Offer Is Accepted Oct 31 (Reuters) - Boeing Co BA.N : BOEING - AVERAGE ANNUAL MACHINIST PAY AT END OF 4-YEAR CONTRACT WILL BE $119,309 IF OFFER IS ACCEPTED Further company coverage: BA.N
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Oregon identifies 3 human cases of bird flu in people from Washington state

Oregon identifies 3 human cases of bird flu in people from Washington state CHICAGO, Oct 31 (Reuters) - Bird flu has infected three more people from Washington state after they were exposed to poultry that tested positive for the virus, according to health authorities in Oregon, where the cases were identified. A total of 39 people have tested positive in the U.S.

Street View: Brokerages cut Coles PT; industry faces challenges and uncertain outlook

BUZZ-Street View: Brokerages cut Coles PT; industry faces challenges and uncertain outlook ** Australian supermarket operator Coles COL.AX posted a slowdown in comparable sales in first quarter due to lower shelf prices for its products ** Coles, which operates with market leader Woolworths WOW.AX , along with its bigger rival, have been under pressure to cut prices of its products ** COL dropped 0.6% on Thursday and is up 9.2% YTD UNCERTAIN OUTLOOK AMID NUMBER OF CHALLENGES ** Analysts at J.P.
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Striking Boeing workers to vote on 38% pay rise deal on Monday

UPDATE 1-Striking Boeing workers to vote on 38% pay rise deal on Monday Recasts with confirmation of offer and details Oct 31 (Reuters) - Striking Boeing BA.N workers on the U.S. West Coast will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on Thursday. More than 30,000 factory workers who produce Boeing's strongest-selling 737 MAX commercial jet and other planes have been on strike since Sept.
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Oil extends gains on reports Iran preparing to strike at Israel

Oil extends gains on reports Iran preparing to strike at Israel By Florence Tan SINGAPORE, Nov 1 (Reuters) - Oil prices extended gains in early Asian trade on Friday, following reports that Iran was preparing a retaliatory strike on Israel from Iraqi territory in the coming days. U.S. West Texas Intermediate crude futures CLc1 rose $1.24, or 1.8%, to $70.50 a barrel by 2229 GMT after settling up 0.95% in the previous session.
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Environmentalists sue over US approval of ioneer's Nevada lithium mine

UPDATE 1-Environmentalists sue over US approval of ioneer's Nevada lithium mine Adds responses from Interior Department and company, paragraphs 5-7 Lawsuit claims mine threatens rare wildflower and environment Interior Department and ioneer defend mine approval Mine to supply Ford and other EV makers, backed by $700 million loan By Nate Raymond, Ernest Scheyder Oct 31 (Reuters) - Environmental and Indigenous groups on Thursday filed a lawsuit challenging the U.S.

Alliant Energy beats third-quarter profit estimates on higher rates

Alliant Energy beats third-quarter profit estimates on higher rates Oct 31 (Reuters) - Utility Alliant Energy LNT.O beat Wall Street expectations for third-quarter profit on Thursday, helped by higher electricity rates and growth in customers. U.S. utilities have been seeking to raise customer power bills in 2024 to fund infrastructure upgrades, as the country's electrical grids face extreme weather events and growing demand due to industry electrification and data center expansions.
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Abbott rises after being cleared of liability in preterm formula case

BUZZ-Abbott rises after being cleared of liability in preterm formula case ** Shares of medical device maker Abbott Laboratories ABT.N rise 5.4% to $119.5 in after-hours trading ** ABT and Reckitt RKT.L unit Mead Johnson are not responsible for a young boy's debilitating intestinal disease, jury finds ** Lawsuit accused ABT and RKT of failing to wa
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IAM 751 Says Endorsing And Recommending The Latest IAM/Boeing Contract Proposal

BRIEF-IAM 751 Says Endorsing And Recommending The Latest IAM/Boeing Contract Proposal Oct 31 (Reuters) - Boeing Co BA.N : IAM 751- ENDORSING AND RECOMMENDING THE LATEST IAM/BOEING CONTRACT PROPOSAL IAM 751: WILL VOTE ON THIS PROPOSAL ON MONDAY, NOVEMBER 4, 2024 IAM 751 - CHANGES IN BOEING OFFER INCLUDE $12,000 RATIFICATION BONUS COMBINING THE PREVI
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NZ's AFT Pharmaceuticals falls most in over 5 months on expected first-half loss

BUZZ-NZ's AFT Pharmaceuticals falls most in over 5 months on expected first-half loss ** Shares of AFT Pharmaceuticals AFT.NZ fall as much as 6.9% to NZ$2.98, their biggest intraday pct fall since May 24 ** Stock hits it slowest level since July 22 ** The pharmaceutical firm says it expects to record an operating loss of just under NZ$2 mln ($1.20 mln) for the six months ended Sept.

Boeing makes improved 38% pay raise offer to striking workers, union says

EXCLUSIVE-Boeing makes improved 38% pay raise offer to striking workers, union says Oct 31 (Reuters) - Boeing BA.N made an improved contract offer to striking workers on the U.S. West Coast on Thursday, including a 38% pay increase over four years, a union spokesperson told Reuters. The new offer will soon be sent to more than 30,000 union workers and a vote will be held to decide whether to accept or reject it on Monday, the spokesperson said.
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CME hog futures edge down on profit taking

LIVESTOCK-CME hog futures edge down on profit taking By Heather Schlitz CHICAGO, Oct 31 (Reuters) - Chicago Mercantile Exchange lean hog futures pulled back from contract highs on Thursday as traders booked profits ahead of the end of a month, traders said. Traders were also guarding against risks from a potential downturn in U.S. pork cutout values.



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