China Jan-Feb industrial profits down 4.2 pct yr/yr

BEIJING, March 27 - Profits earned by Chinese industrial firms fell 4.2 percent in January-February from a year earlier to 745.2 billion yuan ($119.91 billion), compared with an annual fall of 8 percent in December, the National Bureau of Statistics said on Friday.

1:40am GMT

EXCLUSIVE-Builders FirstSource in talks to acquire ProBuild -sources

March 26 - Builders FirstSource Inc, a U.S. supplier of residential building products, is in discussions to acquire peer ProBuild Holdings Inc for approximately $1.5 billion, including debt, three people familiar with the matter said on Thursday.

12:17am GMT

UPDATE 8-New York City buildings collapse in possible gas blast, injuring 12 people

NEW YORK, March 26 - An apparent gas explosion caused two apartment buildings to collapse and burst into flames, and two others to catch fire, injuring at least 12 people on Thursday in New York City's East Village neighborhood, authorities said.

26 Mar 2015

Platinum Equity nears deal for Itochu's PrimeSource -sources

March 26 - Private equity firm Platinum Equity LLC is in advanced talks to buy PrimeSource Building Products Inc, the largest distributor of screws and nails in the United States, from Itochu Corp, according to people familiar with the matter.

WRAPUP 10-Co-pilot suspected of deliberately crashing Germanwings jet

PARIS/SEYNE-LES-ALPES, March 26 - A young German co-pilot barricaded himself alone in the cockpit of Germanwings flight 9525 and apparently set it on course to crash into an Alpine mountain, killing all 150 people on board including himself, French prosecutors said on Thursday.

26 Mar 2015
Rolls-Royce Holdings PLC 962.00p -1.94%
BAE Systems PLC 532.50p -1.66%
Reed Elsevier PLC 1,163.00p -0.60%


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