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companyNews reuters.com

METALS-LME copper slips as dollar gains in holiday-thinned trade

MELBOURNE, Feb 19 (Reuters) - London metals started the week lower on Monday as a resurgent dollar dragged down prices from one-month highs hit the session before and the Lunar New Year holidays reduced liquidity. FUNDAMENTALS * COPPER: London Metal Exchange copper had slipped by 0.6 percent to $7,189 a tonne by 0104 GMT, erasing small gains from the previous session when prices hit the highest since Jan. 15 at $7,253. Volumes were exceptionally light across the complex with

companyNews reuters.com

PRECIOUS-Gold prices inch up on weaker dollar

Feb 19 (Reuters) - Gold prices edged up on Monday on a softer U.S. dollar and as investors bought the yellow metal as a hedge against inflation. FUNDAMENTALS * Spot gold rose 0.2 percent to $1,350.51 an ounce at 0120 GMT. It hit a three-week high oft $1,361.76 on Friday. * The metal rose 2.4 percent last week, its best weekly gain since the week ended Sept. 1. * U.S. gold futures slipped 0.2 percent to $1,353.10 per ounce. * The dollar index , w

companyNews reuters.com

Global dividends hit record of $1.25 trln in 2017, more to come

MILAN, Feb 19 (Reuters) - Global dividends rose 7.7 percent to an all-time high of $1.25 trillion (1 trillion euros) last year boosted by a buoyant world economy and rising corporate confidence, Janus Henderson said on Monday, predicting another record year ahead.

companyNews reuters.com

Gazit-Globe sells more Regency Centers shares for $101 mln

* Israeli real estate developer Gazit-Globe Ltd said on Sunday it sold another 1.03 percent, or 1.76 million shares, in Regency Centers Corp for $101 million.

worldNews reuters.com

French President Macron's approval rating falls below 50 percent: Ifop

PARIS (Reuters) - French President Emmanuel Macron's approval rating has fallen below 50 percent to its lowest level since October last year, a poll showed on Sunday, as the government pushes ahead with plans to shake up France's costly civil service.

companyNews reuters.com

BRIEF-Mill Road Capital Reports 5.6 Pct Stake In Goldfield Corp

* MILL ROAD CAPITAL II LP REPORTS 5.6 PERCENT STAKE IN GOLDFIELD CORP AS OF FEBRUARY 7 - SEC FILING

businessNews reuters.com

Coca-Cola sales beat on strong sales of vitamin water, coffee

(Reuters) - Coca-Cola Co reported better-than-expected quarterly profit and sales on Friday as it sold more teas, coffees and vitamin water, offsetting sluggish sales of fizzy drinks, sending its shares up as much as 2 percent.

healthNews reuters.com

Shares of Apricus tank after FDA declines to OK erectile dysfunction cream

(Reuters) - The U.S. Food and Drug Administration on Friday declined to approve Apricus Biosciences Inc's Vitaros, a cream to treat erectile dysfunction, for the second time in a decade, sending the company's shares down more than 70 percent before the opening bell.

businessNews reuters.com

Citigroup raises CEO Corbat's pay 48 percent to $23 million

NEW YORK (Reuters) - Citigroup Inc raised Chief Executive Officer Michael Corbat's annual compensation by 48 percent to $23 million for 2017, a year in which the bank made more money from operations but still fell short of earlier targets.

companyNews reuters.com

UPDATE 1-Citigroup raises CEO Corbat's pay 48 pct to $23 mln

NEW YORK, Feb 16 (Reuters) - Citigroup Inc raised Chief Executive Officer Michael Corbat's annual compensation by 48 percent to $23 million for 2017, a year in which the bank made more money from operations but still fell short of earlier targets.

businessNews reuters.com

Campbell Soup organic sales fall as customer dispute continues

(Reuters) - Campbell Soup Co on Friday reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.

businessNews reuters.com

Coca-Cola sales beat as consumers drink more vitamin water, coffee

(Reuters) - Coca-Cola Co reported better-than-expected quarterly profit and sales on Friday as it sold more teas, coffees and vitamin water, sending its shares up 2.4 percent.

businessNews reuters.com

Exclusive: Walmart in talks to buy more than 40 percent of India's Flipkart - sources

MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.

companyNews reuters.com

UPDATE 1-UK Stocks-Factors to watch on Feb 16

Feb 16 (Reuters) - Britain's FTSE 100 index is seen opening 30 points higher at 7,264.8 on Friday, according to financial bookmakers, with futures up 0.48 percent ahead of the cash market open.

healthNews reuters.com

U.S. officials warn 'intense' flu season to continue, urge shots

(Reuters) - Adults who get a flu shot are 36 percent less likely to get the disease, while for children the figure was an unexpectedly high 59 percent, U.S. health officials said on Thursday, predicting that the current "intense" season could continue for weeks.

Vaccination and Immunization nytimes.com

The Flu Vaccine Is Working Better Than Expected, C.D.C. Finds

A preliminary analysis finds the vaccine 25 percent effective against this year’s dangerous H3N2 strain, and twice as effective in children.

businessNews reuters.com

Bitcoin rises above $10,000, strategist sees new high by July

NEW YORK (Reuters) - Bitcoin rose above $10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit in mid-December.

environmentNews reuters.com

Startling orangutan population decline recorded in Borneo

WASHINGTON (Reuters) - Hunting by people and habitation destruction by oil palm, paper, logging and mining industries helped drive a startling drop of about 50 percent in the orangutan population on the island of Borneo from 1999 to 2015, scientists said on Thursday.

companyNews reuters.com

BRIEF-Sumitomo Corporation Equity Asia Limited Reports 11.06 pct Passive Stake In Iclick Interactive Asia Group Ltd As Of Dec 31, 2017

* SUMITOMO CORPORATION EQUITY ASIA LIMITED REPORTS 11.06 PERCENT PASSIVE STAKE IN ICLICK INTERACTIVE ASIA GROUP LTD AS OF DECEMBER 31, 2017 - SEC FILING‍​ Source text - (http://bit.ly/2ErGiKy) Further company coverage:

companyNews reuters.com

BRIEF-American Express Reports Credit Card Stats for Jan

* AMERICAN EXPRESS-USCS CARD MEMBER LOANS 30 DAYS PAST DUE LOANS AS A % OF TOTAL 1.4 PERCENT AT JAN END VERSUS 1.3 PERCENT AT DEC END

companyNews reuters.com

FX trading volumes rise sharply in Jan, early Feb - CLS

LONDON, Feb 15 (Reuters) - Foreign exchange trading volumes jumped 24 percent in January from a year earlier, data from CLS showed on Thursday, as investors ramped up bets on a weaker dollar and uncertainty about the end of the era of cheap money stoked volatility.

companyNews reuters.com

METALS--Copper rises for a 4th day to a 10-day high on weaker dollar, growth outlook

MELBOURNE, Feb 15 (Reuters) - London copper rose for a fourth day to the highest in 10 days on Thursday, supported by a decline in the dollar and robust prospects for global growth. FUNDAMENTALS * London Metal Exchange copper rose by 0.3 percent to $7,186.50 a tonne by 0245 GMT. Prices have risen for a fourth straight session, gaining 6.4 percent during this period. Copper earlier climbed as high as $7,195, the highest since Feb. 5. * SHFE: The Shanghai Futures Exchange was

companyNews reuters.com

BRIEF-Iff Reports Fourth Quarter & Full Year 2017 Results

* SEES FULL YEAR 2018 CURRENCY NEUTRAL SALES GROWTH OF 3 PERCENT TO 5 PERCENT

businessNews reuters.com

Marriott quarterly revenue rises 7.7 percent

(Reuters) - Marriott International Inc reported a 7.7 percent rise in fourth-quarter revenue as more people booked its rooms at higher prices, helping the company reaffirm its 2018 forecast for a key performance metric.

companyNews reuters.com

BRIEF-Berkshire Hathaway Dissolves Most Of Its Share Stake In IBM

* UPS SHARE STAKE IN APPLE BY 23.3 PERCENT TO 165.3 MILLION SHARES - SEC FILING

companyNews reuters.com

BRIEF-Greenlight Capital Ups Share Stake In Brighthouse Financial By About 62% To 11 Mln Shares

* GREENLIGHT CAPITAL INC UPS SHARE STAKE IN BRIGHTHOUSE FINANCIAL INC BY ABOUT 62 PERCENT TO 11 MILLION SHARES - SEC FILING (Source For the quarter ended Dec 31, 2017 http://bit.ly/2nZmLXw) (Source For the quarter ended Sept 30, 2017 http://bit.ly/2nH0Owu) Further company coverage:

healthNews reuters.com

U.S. healthcare spending to climb 5.3 percent in 2018: agency

WASHINGTON (Reuters) - United States health spending is projected to rise 5.3 percent in 2018, reflecting rising prices of medical goods and services and higher Medicaid costs, a U.S. government health agency said on Wednesday, an upward trend it forecasts for the next decade.

businessNews reuters.com

Chipotle shares jump as new chief sparks hope of quicker turnaround

(Reuters) - Chipotle Mexican Grill Inc shares jumped more than 11 percent premarket on Wednesday, as analysts called its recruitment of Taco Bell chief executive Brian Niccol a potentially "transformational moment" after two years of brand-crushing food-safety scandals.

companyNews reuters.com

BRIEF-Ace Hardware Corp Q4 Net Income $14.0 Mln Versus $21.5 Mln

* ACE HARDWARE CORP - Q4 REVENUES OF $1.3 BILLION, AN INCREASE OF 6.8 PERCENT FROM LAST YEAR

companyNews reuters.com

UPDATE 1-Shire ‍sees slowdown in earnings growth as generic rivals bite

LONDON, Feb 14 (Reuters) - Shire, which is splitting its rare disease and hyperactivity drugs into two units, said 2018 sales would grow in mid-single digits and profits would rise at an even slower pace, after 2017 earnings per share climbed 16 percent.

businessNews reuters.com

Futures sink as CPI data raises inflation fears

(Reuters) - U.S. stock reversed course to trade half a percent lower on Wednesday after data showed consumer prices rose more than expected in January, with a measure of underlying inflation posting its biggest gain in a year.

PersonalFinance reuters.com

Got cash? Here is what to do with it now

While there is no return to the 5 percent money market yields savers got a decade ago, there is some relief.

lifestyleMolt reuters.com

Portugal tourist arrivals spike 12 percent to new record in 2017

LISBON (Reuters) - The number of foreign tourists visiting Portugal rose nearly 12 percent last year to a record 12.7 million people, contributing to the once-bailed out country's strongest economic...

topNews reuters.com

Physical oil market sends warning to OPEC: Rout might not be over

LONDON (Reuters) - As OPEC watches a near 15 percent drop in the oil price in three weeks, important indicators in the physical crude market are flashing signals that the decline might be far from over.

companyNews reuters.com

BRIEF-ICL Q4 Sales Rose 2 Percent To $1.361 Bln

* QTRLY ‍OPERATING INCOME OF $189 MILLION COMPARED TO $72 MILLION FOR Q4 OF 2016, AN INCREASE OF 160%​

companyNews reuters.com

China's Harbin Pharma to buy stake in U.S. health retailer GNC

HONG KONG, Feb 14 (Reuters) - China's state-controlled drugmaker Harbin Pharmaceutical Group Holding Co will buy an about 40 percent stake in U.S. nutritional supplements retailer GNC Holdings Inc for $300 million and are in talks for a joint venture in China, the companies said.

companyNews reuters.com

BRIEF-Astellas acquires Universal Cells Inc

* ASTELLAS WILL PAY UP TO $102.5 MILLION OF UPFRONT AND MILESTONES TO ACQUIRE 100 PERCENT OWNERSHIP OF UNIVERSAL CELLS

healthNews reuters.com

Tetraphase's antibiotic fails late-stage study, shares plummet

(Reuters) - Tetraphase Pharmaceuticals Inc said on Tuesday its lead experimental antibiotic to treat serious infections did not meet the main goals in a late-stage study, sending its shares plunging more than 60 percent in after-market trading.

companyNews reuters.com

BRIEF-Newport Trust Reports 5.71 Pct Passive Stake In Boeing

* NEWPORT TRUST COMPANY REPORTS 5.71 PERCENT PASSIVE STAKE IN BOEING AS OF DECEMBER 31, 2017 - SEC FILING Source text: (http://bit.ly/2BYmBsf) Further company coverage:

companyNews reuters.com

Investors most neutral on U.S. bonds since October -JPMorgan

NEW YORK, Feb 13 (Reuters) - The share of investors holding longer-dated U.S. Treasuries equal to their benchmarks rose to its highest in about four months following last week's market turmoil, JPMorgan Chase & Co's latest client survey showed on Tuesday. Benchmark 10-year Treasury yields hit a four-year high of 2.902 percent on Monday on concerns about rising inflation and increased borrowing to fund more federal spending. The 10-year yield swung in a 24 basis point trading range la

businessNews reuters.com

Blue Apron ramps marketing back up, revenue drop smaller than feared

NEW YORK (Reuters) - Blue Apron Holdings Inc shares jumped 9 percent in premarket trading on Tuesday after the meal-kit maker reported a smaller-than-expected revenue drop and quarterly loss as a costly distribution hub switch forced it to slash marketing.

technologyNews reuters.com

South Korea's Samsung Elec extends gains to more than 5 percent

SEOUL (Reuters) - Shares in South Korean tech giant Samsung Electronics jumped more than 5 percent on Tuesday amid strong buying by foreign investors.

Trump, Donald J nytimes.com

A Whirlwind Envelops the White House, and the Revolving Door Spins

The White House turnover rate in the first year of Donald J. Trump’s presidency has been 34 percent. That’s a modern record.

Water nytimes.com

Here Are the Places That Struggle to Meet the Rules on Safe Drinking Water

Since 1982, between 3 and 10 percent of water systems in the United States have been in violation of federal health standards each year. Rural areas are especially struggling.

companyNews reuters.com

BRIEF-Shineco Q2 Revenue Rose 25.9 Percent To $14.13 Mln

* SHINECO, INC. REPORTS SECOND QUARTER OF 2018 FINANCIAL RESULTS

companyNews reuters.com

BRIEF-John P. Pecora Reports 7.37 pct Passive Stake In Saexploration Holdings As Of Dec 31, 2017

* JOHN P. PECORA REPORTS 7.37 PERCENT PASSIVE STAKE IN SAEXPLORATION HOLDINGS INC AS OF DECEMBER 31, 2017 - SEC FILING‍​ Source text - (http://bit.ly/2BUgDbF) Further company coverage:

companyNews reuters.com

BRIEF-Marc Chan Reports 9.5 Percent Passive Stake In China Biologic Products Holdings As Of Dec 31, 2017

* MARC CHAN REPORTS 9.5 PERCENT PASSIVE STAKE IN CHINA BIOLOGIC PRODUCTS HOLDINGS INC AS OF DEC 31, 2017 - SEC FILING‍​ Source text - (http://bit.ly/2CffxTI) Further company coverage:

companyNews reuters.com

India cuts stent prices by more than 7 percent

NEW DELHI, Feb 12 (Reuters) - India has cut prices of some stents by about 7.6 percent, a government body said on Monday, in the latest setback for the country's $5 billion medical device industry.

companyNews reuters.com

BRIEF-Temasek Holdings (Private) Limited Reports 7.1 Pct Passive Stake In Evoqua Water Technologies As Of Dec 31

* TEMASEK HOLDINGS (PRIVATE) LIMITED REPORTS A 7.1 PERCENT PASSIVE STAKE IN EVOQUA WATER TECHNOLOGIES CORP AS OF DECEMBER 31 - SEC FILING Source text : ( http://bit.ly/2G863fu ) Further company coverage:

PersonalFinance reuters.com

After the tax cut, which employee perks are best?

NEW YORK (Reuters) - If you were choosing from a menu, which would you pick: a $1,000 bonus, an extra percentage point match on your 401(k) or higher pay?

companyNews reuters.com

BRIEF-Heartland Express Q4 Revenue Rose 18.3 Percent

* HEARTLAND EXPRESS, INC. REPORTS REVENUES AND EARNINGS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2017

businessNews reuters.com

Futures up more than 1 percent after worst week in two years

(Reuters) - U.S. stock index futures were up more than 1 percent, attempting a rebound from Wall Street's worst week in two years, while volatility remained relatively elevated and U.S. bond yields hit new four-year highs.

companyNews reuters.com

RPT-COLUMN-VIX 20-20 vision needed for clear market outlook: McGeever

LONDON, Feb 9 (Reuters) - Market seismographs are still twitching at levels almost twice the historical average and Wall Street's gauge of implied volatility needs to return below 20 percent for stocks to stabilise.

businessNews reuters.com

Ford revs up large SUV production to boost margins, challenge GM

LOUISVILLE (Reuters) - Ford Motor Co said on Monday it will boost production targets for two large sport utility vehicles by 25 percent this year to challenge rival General Motors Co's hegemony in a highly profitable U.S. market segment and boost its own anemic profit margins.

companyNews reuters.com

S&P 500 e-mini futures rise 0.30 percent as trading reopens after volatile week

NEW YORK, Feb 11 (Reuters) - S&P 500 e-mini futures rose 0.30 pct late Sunday as trading reopened after the S&P 500 Index recorded its worst week in two years.

companyNews reuters.com

Disney raises prices of some U.S. theme park tickets

NEW YORK, Feb 11 (Reuters) - Walt Disney Co said on Sunday it was changing the admission price for its U.S. theme parks, raising the cost of some single-day tickets by almost 9 percent.

companyNews reuters.com

EXPLAINER-Eight signals to watch that the U.S. stock rout is over

NEW YORK, Feb 11 (Reuters) - Stock investors on Monday will be seeking to divine if the deepest weekly slide since January 2016 will continue or if the market will turn the corner after one of the most volatile five days in years. Equal parts science, art and luck may be needed to pick a bottom in the S&P 500. While it ended last week on an up note, the index was caught in its first correction in two years, after a 7 percent rally this year that culminated with a record high on Jan. 26,

companyNews reuters.com

Alibaba broadens offline reach with $865 mln Easyhome stake

BEIJING, Feb 11 (Reuters) - Alibaba Group Holding will pay about 5.45 billion yuan ($866 million) for a 15 percent stake in China's Easyhome, a home improvement chain, as the internet giant expands its investments in offline and retail businesses.

businessNews reuters.com

Wall Street rebounds but posts worst week in two years

NEW YORK (Reuters) - U.S. stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading days ahead.

companyNews reuters.com

US STOCKS-Wall Street rebounds but posts worst week in two years

NEW YORK, Feb 9 (Reuters) - U.S. stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading days ahead.

companyNews reuters.com

Texas drilling permits, completions rise as crude prices firm

HOUSTON, Feb 9 (Reuters) - Texas oil and gas producers received 1,166 drilling permits last month, a 21 percent increase over year-ago levels, the state energy regulator said on Friday, after filings surged on the back of higher crude prices.

businessNews reuters.com

Wall Street ends whipsaw week on upbeat note

(Reuters) - Wall Street's main stock indexes climbed more than 1 percent on Friday, giving investors some solace after a week of huge swings that shook the market out of months of calm.

companyNews reuters.com

BRIEF-RA Capital Management Reports A 7.9 Pct Stake In Solid Biosciences

* RA CAPITAL MANAGEMENT, LLC REPORTS A 7.9 PERCENT STAKE IN SOLID BIOSCIENCES INC AS OF JANUARY 30, 2018 - SEC FILING

companyNews reuters.com

BRIEF-Susquehanna Securities Reports 6.0 Pct Passive Stake In Riot Blockchain As Of Dec 31

* SUSQUEHANNA SECURITIES REPORTS A 6.0 PERCENT PASSIVE STAKE IN RIOT BLOCKCHAIN INC AS OF DECEMBER 31, 2017 - SEC FILING Source text : ( http://bit.ly/2sgxD8k ) Further company coverage:

businessNews reuters.com

Wall Street slips into correction territory

(Reuters) - U.S. stock indexes slipped into correction territory again with a drop of more than more than 1 percent on Friday, as soaring volatility continued to spook investors.

companyNews reuters.com

US STOCKS SNAPSHOT-Wall St slips into correction territory

Feb 9 (Reuters) - U.S. stock indexes slipped into correction territory again with a drop of more than more than 1 percent on Friday, as soaring volatility continued to spook investors.

businessNews reuters.com

Shares of UPS, FedEx fall after report Amazon to launch delivery service

(Reuters) - United Parcel Service Inc and FedEx Corp shares fell 2 percent on Friday, after a report said Amazon.com Inc is preparing to launch a delivery service for businesses, which would directly compete with the U.S. package delivery companies.

United States Economy nytimes.com

Contributing Op-Ed Writer: The G.O.P. Is Flirting With Fiscal Disaster

Enormous deficits in the ninth year of an economic recovery, with unemployment down to 4.1 percent, make no sense.

companyNews reuters.com

BRIEF-Private Capital Management Reports 5.36 Pct Passive Stake In Carrols Restaurant Group

* PRIVATE CAPITAL MANAGEMENT, LLC REPORTS 5.36 PERCENT PASSIVE STAKE IN CARROLS RESTAURANT GROUP INC AS OF DECEMBER 31, 2017 Source text for Eikon: (http://bit.ly/2seqsgA) Further company coverage:

businessNews reuters.com

Expedia shares sink after disappointing 2018 forecast

(Reuters) - Shares of U.S. online travel services company Expedia fell 19 percent in premarket trading on Friday, after forecasting 2018 selling and marketing costs would outpace revenue growth as it battles rivals for market share.

Sri Lanka nytimes.com

Door Opens for Women to Run for Office. But Will They Be Allowed In?

Sri Lanka has introduced a 25 percent quota for female candidates in local elections, but many have faced abuse, and obstructionism within their own parties.

businessNews reuters.com

L'Oreal ready to buy shareholder Nestle's stake in the firm: CEO

PARIS (Reuters) - L'Oreal stands ready to buy Nestle's 23 percent stake in the firm should its Swiss shareholder choose to sell, and it could finance a purchase through cash, by selling its Sanofi stake or by borrowing, L'Oreal's CEO said.

businessNews reuters.com

European share declines limited after another Wall Street sell-off

LONDON (Reuters) - European shares posted limited losses on Friday morning after a fresh sell-off on Wall Street, which has now entered a correction with the benchmark S&P 500 and Dow industrials falling more than 10 percent from their Jan. 26 record highs.

companyNews reuters.com

UPDATE 1-European share declines limited after another Wall Street sell-off

LONDON, Feb 9 (Reuters) - European shares posted limited losses on Friday morning after a fresh sell-off on Wall Street, which has now entered a correction with the benchmark S&P 500 and Dow industrials falling more than 10 percent from their Jan. 26 record highs.

businessNews reuters.com

Asia hit by Wall St's tumble, China stock indexes lose 6 percent

TOKYO (Reuters) - Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S. interest rates shredded global investor confidence.

companyNews reuters.com

METALS-Copper slips, on course for biggest weekly drop in 2 months

(adds analyst comment, updates prices) BEIJING, Feb 9 (Reuters) - Copper prices fell in London and Shanghai on Friday, extending recent declines following a renewed plunge in global equity markets and another big rise in copper inventories. The losses have put three-month London Metal Exchange (LME) copper, which is now trading below the $7,000 a tonne mark that had provided support so far in 2018, on course for a weekly drop of 3.1 percent, its biggest since early December. In a n

businessNews reuters.com

Nvidia's upbeat forecast powered by data center, cryptocurrency demand

(Reuters) - Nvidia Corp's upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading.

companyNews reuters.com

UPDATE 4-Nvidia's upbeat forecast powered by data center, cryptocurrency demand

Feb 8 (Reuters) - Nvidia Corp's upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading.

companyNews reuters.com

EMERGING MARKETS-LatAm equities fall amid global caution, monetary concerns

SAO PAULO, Feb 8 (Reuters) - Latin American equities fell sharply on Thursday, as local markets continued to mirror global caution following a sell-off in North America and Europe, while fears of more restrictive regional monetary policy also took a toll. Mexico's IPC was the region's biggest loser, falling 2.28 percent, while Brazil's Bovespa fell 1.49 percent. Chile's blue-chip IPSA index and Colombia's IGBC both fell more than 1.7 percent. Across the region, eyes were also on loc

technologyNews reuters.com

Expedia shares tumble as quarterly profit misses on higher costs

(Reuters) - U.S. online travel services company Expedia Inc missed analysts' quarterly profit estimate on higher marketing expenses, sending its shares tumbling 15 percent in after-hours trading on Thursday.

companyNews reuters.com

UPDATE 1-Expedia quarterly profit misses as costs jump

Feb 8 (Reuters) - U.S. online travel services company Expedia Inc missed analysts' quarterly profit estimate on higher marketing expenses, sending its shares tumbling 15 percent in after-hours trading on Thursday.

businessNews reuters.com

News Corp quarterly revenue rises 3 percent

(Reuters) - Wall Street Journal-owner News Corp reported a 3 percent rise in quarterly revenue on Thursday, helped by growth in its digital real estate business.

businessNews reuters.com

Chipmaker Nvidia's revenue surges 34 percent

(Reuters) - Nvidia Corp reported a 34 percent jump in quarterly revenue on Thursday, underpinned by strong demand for its graphics chips used in data centers, gaming devices, self-driving vehicles and in cryptocurrency mining.

healthNews reuters.com

Teva warns on 2018 profit, may face migraine drug delays

TEL AVIV (Reuters) - Teva Pharmaceutical Industries on Thursday said its 2018 results would be weaker than expected and that it might encounter delays for an important new migraine drug, pushing the drugmaker's shares down more than 9 percent.

Company Reports nytimes.com

New York Times Co. Subscription Revenue Surpassed $1 Billion in 2017

Subscription revenue now accounts for 60 percent of the company’s total revenue, which increased 8 percent for the year, to $1.7 billion.

businessNews reuters.com

Twitter delivers first profit, shares surge 22 percent

(Reuters) - Twitter Inc shares surged 22 percent at the market open on Thursday after it reported its first quarterly profit and better-than-expected revenue, helped by ads that better targeted users and sales growth outside the United States.

businessNews reuters.com

Twitter shares surge 15 percent on first quarterly profit

(Reuters) - Twitter Inc reported its first quarterly net profit and topped Wall Street targets on Thursday as video ad sales rose, while a clampdown on fake accounts brought the number of people using the social network in below expectations.

companyNews reuters.com

BRIEF-Costco Wholesale Reports January Sales Results

* ‍NET SALES OF $12.24 BILLION FOR MONTH OF JANUARY, FIVE WEEKS ENDED FEBRUARY 4, UP 8.4 PERCENT FROM $11.29 BILLION LAST YEAR​

companyNews reuters.com

Sumitomo sees Ambatovy at 50 pct utilisation rate in Jan-March

TOKYO, Feb 8 (Reuters) - Sumitomo Corp said on Thursday it expects its Ambatovy nickel-cobalt project in Madagascar to run at about a 50 percent utilisation rate in the January-March quarter, rising to 80 percent from April.

businessNews reuters.com

LG Electronics plans to hike U.S. washer prices by 4-8 percent after tariffs

SEOUL (Reuters) - LG Electronics Inc said on Thursday it was planning to raise prices of its washing machines in the United States by about 4-8 percent, after the Trump administration slapped tariffs on large imported residential washers.

PersonalFinance reuters.com

Prudential Financial's operating profit rises 7.6 percent

(Reuters) - Prudential Financial Inc, the largest U.S. life insurer by assets, on Wednesday reported a 7.6 percent rise in quarterly operating profit that topped analysts' estimates, helped by higher...

entertainmentNews reuters.com

Robin Williams' death linked to rise in copycat suicides

LOS ANGELES (Reuters) - Suicide rates in the United States spiked almost 10 percent following the death in 2014 of actor Robin Williams, and spiked even more among men and those who ended their lives, like Williams, by suffocation, according to a study published on Wednesday.

businessNews reuters.com

Wynn Resorts shares climb after Maddox moves into CEO slot

(Reuters) - Wynn Resorts Ltd shares jumped 10 percent on Wednesday, as investors approved of the casino operator's decision to give company veteran Matt Maddox the top job, replacing casino mogul Steve Wynn who resigned following sexual misconduct allegations.

companyNews reuters.com

BRIEF-Sanders Capital LLC Reports 6.94 Pct Passive Stake In Cabot Oil & Gas Corporation As Of Dec 31

* SANDERS CAPITAL LLC REPORTS A 6.94 PERCENT PASSIVE STAKE IN CABOT OIL & GAS CORPORATION AS OF DECEMBER 31, 2017 - SEC FILING Source text : ( http://bit.ly/2BdjKup ) Further company coverage:

United States Economy nytimes.com

Trump Laments the Stock Market Plunge as a ‘Big Mistake’

In his first comments since the stock market plunged nearly 7 percent, Mr. Trump said the markets had overreacted to good economic news.

companyNews reuters.com

BRIEF-Bank Of New York Mellon Corp Reports A 5.43 Pct Passive Stake In Atlantic Capital Bancshares

* THE BANK OF NEW YORK MELLON CORP REPORTS A 5.43 PERCENT PASSIVE STAKE IN ATLANTIC CAPITAL BANCSHARES, INC. AS OF DEC 31, 2017 - SEC FILING Source text for Eikon: (http://bit.ly/2Bfrdc9) Further company coverage:

businessNews reuters.com

Wall Street set to open lower after Tuesday's recovery

(Reuters) - U.S. stock index futures were down about a third of a percent, setting Wall Street for a lower open on Wednesday, an almost 2 percent gain in the previous session failing to calm the nerves following the Dow's biggest intraday fall on Monday.

businessNews reuters.com

Snap surges 24 percent after user growth bounce

(Reuters) - Shares of Snapchat owner Snap Inc rose as much as 24 percent in premarket on Wednesday after the company beat expectations for fourth quarter revenue and reported an acceleration in growth of active users for the first time as a public company.

companyNews reuters.com

METALS-London metals recover as stock markets bounce back

BEIJING, Feb 7 (Reuters) - London metals on Wednesday recovered some of the ground they had lost in the previous session as global equities bounced back after days of sharp falls. FUNDAMENTALS * LME COPPER: Three-month copper on the LME was up 1 percent at $7,145 a tonne by 0154 GMT, recovering from a 1.3 percent drop in the previous session. * SHFE COPPER: The most-traded March copper contract on the Shanghai Futures Exchange was down 0.1 percent at 53,080 yuan ($8,485.33)

businessNews reuters.com

Snapchat overhaul convinces investors it can fight Instagram

(Reuters) - Snapchat owner Snap Inc on Tuesday reported surging growth in users and revenue in its latest quarter, reviving hopes that it can survive competition with Facebook Inc's Instagram and sending its shares up more than 20 percent.