UPDATE 2-Royal Caribbean says confident of doubling profit; shares soar
* Shares up about 10 pct, set for best day since 2011 (Adds CEO comments from analyst call, background, updates shares)
Oct 17 Kunming Sinobright Group Co Ltd :
* Expects net profit for 2016 Q1 to Q3 to increase by 332.4 percent to 362.3 percent, or to be 58 million yuan to 62 million yuan
* Says the net profit of 2015 Q1 to Q3 was 13.4 million yuan
* Comments that increased sales of subsidiary, increased investment and financing income, as well as decreased costs and financial expenses are the main reasons for the forecast
Source text in Chinese: goo.gl/qdBN9O
Further company coverage: (Beijing Headline News)
NEW YORK, Oct 28 Boutique investment bank Perella Weinberg Partners has hired an investment banker from Bank of America Corp focused on the industrials sector, Christopher Mead, based in Los Angeles, according to people familiar with the matter.
DETROIT, Oct 28 BMW is recalling 154,472 vehicles registered in the United States and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and BMW.