UPDATE 1-AIG CEO may reduce buybacks, focus on acquisitions
June 28 American International Group Inc CEO Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions.
TOKYO Jan 10 Japan's Nikkei share average fell on Tuesday with a strengthening yen weighing on exporter shares, although hopes that U.S. President-elect Donald Trump would provide hints about stimulus at an upcoming speech helped curb the losses.
Trump, who takes office on Jan. 20, is scheduled to hold a news conference on Wednesday that will be his first since winning the election in November.
The Nikkei dropped 0.8 percent to 19,301.44. The broader Topix was down 0.7 percent at 1,542.31 and the JPX-Nikkei Index 400 fell 0.8 percent to 13,816.61. (Reporting by Shinichi Saoshiro; Editing by Subhranshu Sahu)
June 28 Shaw Communications Inc on Wednesday reported strong quarterly subscriber gains at its revamped cable business and notched wireless profit growth even as it spent heavily to build up both businesses.
WASHINGTON, June 28 U.S. securities regulators on Wednesday filed civil accounting fraud charges against Canada-based oil and gas company Penn West Petroleum Ltd and several of its former top finance executives.