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UPDATE 2-Japan Post trusts in mom-and-pop investors in $12 bln IPO quest

*Japan Post Holdings sets IPO price range 1,100- 1,400 yen. *Post bank range 1,250- 1,450 yen, insurer 1,900- 2,200 yen. TOKYO, Oct 7- State-owned Japan Post on Wednesday set indicative price ranges for a trio of initial public offerings in what it hopes to make a' must-have', $12 billion privatisation, Japan's biggest in three decades.
Source: Reuters | By: Taiga Uranaka
UPDATE 3-Samsung Elec tips better-than-expected Q3 profit, shares surge

SEOUL, Oct 7- Samsung Electronics Co Ltd forecast a sharp jump in quarterly profit, trumping expectations and sending its shares surging as favorable currency rates and robust component sales appeared have to offset weakness in smartphones. Samsung Electronics estimated July-September operating profit would leap 80 percent from a year earlier to 7.3...
Source: Reuters | By: Se Young Lee
UPDATE 1-Japan Post sets near-$12 bln IPO price ranges as 'must-have' listings near

*Japan Post Holdings indicative price range 1,100- 1,400 yen. *Bank range Y1, 250- 1,450, insurer Y1, 900- 2,200 per share. TOKYO, Oct 7- Japan Post Holdings Co on Wednesday set an indicative price range of 1,100- 1,400 yen per share in an initial public offering, one of a trio of listings by the state-owned post office that make up a privatisation worth close to $12 billion in...
Source: Reuters | By: Taiga Uranaka
UPDATE 1-AB InBev makes new 68 bln pound bid for rival SABMiller

BRUSSELS, Oct 7- Anheuser-Busch InBev, the world's largest brewer, on Wednesday increased its bid for its largest rival SABMiller to 42.15 pounds per share in cash, valuing the company at nearly 68 billion pounds. The company said in a statement it had made two prior offers for SABMiller with the second one at 40 pounds per share. The merged group would add Africa and...
Source: Reuters
UPDATE 1-China FX reserves fall $43.3 bln in Sept as cenbank steps up yuan support

BEIJING, Oct 7- China's foreign exchange reserves shrank by $43.3 billion in September as the central bank stepped up intervention to stabilise the yuan and calm sentiment after a surprise devaluation of its currency had jolted global markets. China's reserves, the world's largest, dropped to $3.514 trillion last month, central bank data showed on Wednesday,...
Source: Reuters
UPDATE 2-Samsung Elec sees Q3 profit boost despite smartphone woes

SEOUL, Oct 7- Samsung Electronics Co Ltd on Wednesday said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division. "There were worries that overall earnings will continue falling as mobile profits declined, but now the numbers make the case that...
Source: Reuters | By: Se Young Lee
UPDATE 1-Samsung Elec Q3 profit guidance beats estimates

SEOUL, Oct 7- Samsung Electronics Co Ltd said on Wednesday its July-September operating profit likely leapt 79.8 percent from a year earlier, beating expectations and pushing the South Korean tech giant's share price sharply higher. Samsung, in a regulatory filing, estimated its third-quarter profit at 7.3 trillion won, its first quarterly profit gain in two...
Source: Reuters
UPDATE 3-Caribbean telecom company Digicel hangs up on IPO

Oct 6- Digicel Group Ltd, the Caribbean telecommunications company that sponsors sprinter Usain Bolt and the West Indies cricket team, has decided to withdraw its plans to go public for now, citing "current conditions, particularly in emerging markets." The company, owned by Irish billionaire Denis O'Brien, was expected to raise as much as $2 billion from its U.S.
Source: Reuters | By: Rachel Chitra
UPDATE 2-Adobe 2016 forecast disappoints, shares slump

*Expects adj profit of $2.70/ share vs est $3.19/ share. Oct 6- Adobe Systems Inc lowered its profit forecast for 2016 below analyst estimates partly due to a strong dollar, sending its shares down as much as 13 percent in extended trading. The Photoshop maker said it expects full-year revenue of about $5.7 billion and an adjusted profit of $2.70 per share.
Source: Reuters | By: Anya George Tharakan
UPDATE 2-Norilsk placing $1 bln in first big Russian bond in almost a year

MOSCOW/ LONDON Oct 6- Mining company Norilsk Nickel is selling the first large Russian Eurobond in almost a year, raising $1 billion on Tuesday in a deal that could suggest a revival in investors' interest towards Russian companies. It snapped in further from final yield guidance of 6.75 percent while order books from investors exceeded $4 billion, Thomson...
Source: Reuters | By: Oksana Kobzeva and Kira Zavyalova