Hungary's Richter Pays $193.8 Million for Finox Holding -- Update 

Hungary's largest drug maker Richter Gedeon Nyrt. said Thursday it bought Swiss privately-owned biotech firm Finox Holding to expand its women's healthcare drug portfolio and increase its presence in the biosimilar drug market. (published 0555 GMT)

 
 
Triangle USA Petroleum Commences Restructuring With Strong Support From Majority of Noteholders 

Triangle Petroleum Corp. unit Triangle USA Petroleum Corp. Thursday said it filed for Chapter 11 bankruptcy in Delaware as it looks to restructure its balance sheet. (published 0450 GMT)

 
 
Bombardier Delivers First CSeries Jet as It Takes on Boeing, Airbus 

Bombardier Inc. on Wednesday delivered its first CSeries jet to launch operator Swiss International Air Lines, marking the company's emergence as a direct competitor to the big U.S. and European plane makers. (published 0348 GMT)

 
 
Global-Estate Resorts to Spend PHP10 Bln to Build Five Hotels 

Global-Estate Resorts Inc. said Thursday it will spend 10 billion pesos to build five hotels, mostly in Boracay, the central Philippine island famed for its powdery, white sand beaches. (published 0224 GMT)

 
 
Rio Tinto Walks Away From Closed Bougainville Copper Mine 

Rio Tinto PLC said it is walking away from a closed copper mine on the South Pacific island of Bougainville that was at the center of a decadelong civil war, transferring its controlling stake to an independent trustee. (published 0149 GMT)

 
 
China Huishan Dairy Holdings Net Profit for Year Ended March CNY824.6 Mln 

China Huishan Dairy Holdings Co. Ltd. reported lower net profit but higher revenue for the year ended March. (published 0123 GMT)

 
 
Shanghai Fosun Pharmaceutical (Group) Approves Listing of 66.2%-Owned Sisram Medical 

Shanghai Fosun Pharmaceutical Co. Ltd. said after trading hours Wednesday that it has approved the listing of its 66.2% unit Sisram Medical on the Hong Kong Stock Exchange. (published 0116 GMT)

 
 
Fed Signals It Expects Continued Improvement From Biggest Banks 

Buried in the fine print of Wednesday's stress-test results by the Federal Reserve was a warning to the 16 largest banks: There is room for improvement. (published 0115 GMT)

 
 
Following GE's Lead to Peel Off SIFI Label Isn't a Given, Treasury's Lew Says 

Other large U.S. financial firms might not be able to follow the path used by GE Capital, General Electric Co.'s finance arm, to shed its designation as a "systemically important financial institution," Treasury Secretary Jacob Lew said in an interview Wednesday. (published 0052 GMT)

 
 
China BlueChemical Expects to Swing to Net Loss for Six Months Ended June 

China BlueChemical Ltd. said after trading hours Wednesday that it expects to swing to a net loss of between 150-200 million yuan for the six months ended June due to lower prices for its products and lower production volume. (published 0039 GMT)

 
 
EVA Precision Industrial Holdings Expects Net Profit for Jan-June to Decline by at Least 80% 

EVA Precision Industrial Holdings Ltd. said after trading hours Wednesday that it expects net profit for the six months ended June to decline at least 80% due in part to slowing orders. (published 0027 GMT)

 
 
Guodian Technology & Environment Group: Shao Guo Yong Resigns as Chairman 

Guodian Technology & Environment Group Corp. Ltd. said after trading hours Wednesday that Shao Guo Yong has resigned as chairman. (published 0017 GMT)

(END) Dow Jones Newswires

June 30, 2016 02:00 ET (06:00 GMT)