Viacom sees weak affiliate sales, shares plummet
(Reuters) – Viacom Inc, the owner of MTV, Comedy Central and Paramount Pictures, forecast a low single-digit dip in sales to U.S. pay-TV companies and streaming video services this quarter, sending its stock down almost 8 percent after hours.
MetLife sees charges of $1 billion in third quarter; shares down
(Reuters) – MetLife Inc’s shares were down 2.6 percent on Thursday after the largest U.S. life insurer said it expected charges of about $1 billion in the third quarter related to the spinoff of its U.S. retail business, Brighthouse Financial.
Senate reauthorizes FDA to collect fees from drugmakers
(Reuters) – The U.S. Senate on Thursday passed a bill allowing the Food and Drug Administration to continue collecting fees from drug companies to review new product applications.
Toyota to take 5 percent stake in Mazda: Nikkei
(Reuters) – Toyota Motor Corp would take a roughly 5 percent stake in Mazda Motor Corp to establish a U.S. auto plant and develop key electric vehicle technologies, the Nikkei reported.
Bats takes a swing at NYSE and Nasdaq in closing auctions spat
NEW YORK (Reuters) – Bats, the CBOE Holdings Inc-owned exchange operator, lambasted the New York Stock Exchange and Nasdaq Inc over their criticism of a Bats plan to compete for end-of-day stock orders, calling it disingenuous in a letter to regulato…
Health insurer Aetna profit rises as Obamacare business shrinks
(Reuters) – Aetna Inc reported a higher-than-expected quarterly profit on Thursday as member health costs were lower than anticipated and it benefited from exiting most of its Obamacare individual insurance markets this year.
Pratt & Whitney tells India will resolve engine issues by September: official
NEW DELHI (Reuters) – Pratt & Whitney has told the Indian government that it will by September resolve technical glitches that have affected its engines and hurt operations of two Indian airlines, an official at the country’s aviation regulator said on Thursday.
Exclusive: Goldman Sachs buys into Aramco $10 billion loan as it seeks IPO role – sources
DUBAI (Reuters) – Goldman Sachs has bought a slice of Saudi Aramco’s $10 billion credit facility as it seeks a role in the historic listing of the oil company, sources familiar with the matter told Reuters.
Tesla surges as Wall Street bets on Model 3
NEW YORK/SAN FRANCISCO (Reuters) – Tesla Inc jumped over 6 percent on Thursday as its quarterly report fueled bets that its new Model 3 sedan would propel the luxury electric carmaker into the mainstream.
FedEx to levy holiday surcharge on certain packages
(Reuters) – FedEx Corp said on Thursday it will apply surcharges on residential packages if they require additional handling, are oversized or unauthorized, during the peak 2017 holiday season.
