Remy Profit Increases on Premium Cognac Sales
Remy Cointreau SA, France’s second-biggest distiller, reported first-half profit that beat estimates as sales of higher-priced cognac improved in China, the U.S. and Russia.
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Why Shares of Toshiba Are Jumping
44:07 - Toshiba's shares jumped as much as 10 percent after a hedge fund disclosed that it had become the embattled conglomerate’s biggest shareholder Bloomberg's Peter Elstrom reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)