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  • TORONTO, April 29- Canada's main stock index rose to a six-month high on Friday as mining stocks surged on higher gold and base metal prices, while shares of its largest airline jumped after quarterly results were reported. Improving prices in commodities have helped drive the index higher both year-to-date and on Friday, said Noman Ali, a portfolio manager at...

  • Shares in Valeant fell 4.0 percent to $33.81 in midday trading in New York on Friday and are well down from their all time high of $263.70 in August. "We think investors should sell on this catalyst since the business is quite weak and faces a number of headwinds," Mizuho Securities analyst Irina Koffler said in a research note. The annual report does not answer some...

  • TORONTO, April 29- Canada's main stock index rose on Friday as mining and energy stocks firmed on higher commodity prices, while shares of its largest airline jumped after quarterly results were reported. The most influential movers on the index included Barrick Gold Inc, which rose 5.1 percent to C $23.15, and First Quantum Minerals Ltd, which advanced 13.5...

  • April 29- Air Canada, the country's largest airline, said on Friday it was looking to finalize an order to buy 45 Bombardier Inc CSeries jets "soon," looking at firming up an order that was first announced in February. Air Canada also reported a first-quarter profit, compared with a year-earlier loss, due to lower fuel costs, helping send the company's shares up 13...

  • *Q1 non-GAAP EPS $3.19 vs consensus $3.05. LONDON, April 29- Strong demand for Shire's top-selling Vyvanse drug helped to lift first-quarter earnings by a better than expected 12 percent, boosting the London- listed group's shares ahead of its $32 billion acquisition of U.S. rare diseases specialist Baxalta. Shares in the company rose 4 percent and Trinity Delta...

  • Royal Caribbean also raised its full-year earnings forecast to $6.15- $6.35 per share from $5.90 to $6.10. Net income attributable to the company jumped to $99.1 million, or 46 cents per share, from $45.2 million, or 20 cents per share, a year earlier. Royal Caribbean's shares were at $79.50 before the bell on Friday after closing at $76.02 on Thursday.

  • April 29- Hong Kong shares dropped over 1 percent on Friday as sentiment was soured by a tumble in Japanese stocks, after the Bank of Japan disappointed markets by electing not to expand monetary stimulus on Thursday. The Hang Seng index fell 1.5 percent, to 21,067.05, while the China Enterprises Index lost 1.3 percent, to 8,939.47 points. Industrial and...

  • *Sentiment in Hong Kong hit by slump in Japan stocks. Hong Kong shares dropped over 1 percent as sentiment was soured by a tumble in Japanese stocks, after the Bank of Japan disappointed markets by electing not to expand monetary stimulus on Thursday. China's blue-chip CSI300 index dipped 0.04 percent to 3,159.46 points by lunch break, while the Shanghai...

  • First-quarter revenue rose to $297.3 million from $230.8 million, and the company's shares rose 11 percent in after-hours trading. The company recently named a new chief executive, co-founder Tim Westergren, hoping to build goodwill in the music industry as it negotiates for licenses to launch an on-demand product. Mike Herring, Pandora's president and CFO,...

  • The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. Ten analysts surveyed by Zacks expected $27.94 billion. Analysts surveyed by Zacks had expected revenue of $28.14 billion.

  • April 28- Music streaming service Pandora Media Inc posted a 29 percent rise in quarterly revenue on Thursday as advertising revenue increased. First-quarter revenue rose to $297.3 million from $230.8 million. Pandora shares were up 11 percent in after-hours trading.

  • NEW YORK— Shares of HanesBrands soared Thursday, a day after the company said it is buying Australian underwear seller Pacific Brands Ltd. for about $800 million. HanesBrands said the deal, which is expected to close in the third quarter, will boost its business in Australia. HanesBrands of Winston-Salem, North Carolina, owns several brands, including Hanes...

  • WASHINGTON— Shares of software security firm Symantec fell about 6 percent after the company cut its fourth quarter revenue outlook due to lower sales of traditional security products and an increase in subscription-based security products which result in deferred revenue. The Mountain View, California- based company said it expects revenue to be $873...

  • DETROIT, April 28- Ford Motor Co reported first-quarter net income that more than doubled thanks to robust deliveries of pickup trucks in North America and a profit rebound in Europe, but cautioned that results in the second half of the year would likely not be as strong. It reported record operating margins globally and in North America, and enjoyed its most...

  • After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares jumped 11 percent to a record high of $120 in early trading on Thursday, giving a $30 billion boost to the social networking...

  • After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc N> after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares jumped 11 percent to a record high of $120 in early trading on Thursday, giving a $30 billion boost to the social networking...

  • DES MOINES, Iowa _ Meredith Corp. on Thursday reported fiscal third-quarter net income of $80.9 million. Meredith Corp. expects full-year earnings to be $3.25 to $3.30 per share. Meredith Corp. shares have climbed 12 percent since the beginning of the year.

  • *Global Fashion Group sees valuation cut to 1 bln euros. BERLIN/ STOCKHOLM, April 28- Shares in German ecommerce investor Rocket Internet took another tumble on Thursday as concerns grew over the worth of its portfolio after a cut in the valuation of its online clothing sites operating in emerging markets. Rocket and co-investor Kinnevik said on Wednesday a new...

  • RICHMOND, Va.— Altria, the owner of cigarette maker Philip Morris USA, said its first-quarter profit rose about 20 percent as it shipped more cigarettes and other tobacco products. Shares of Altria Group Inc. rose less than 1 percent before the stock market opened Thursday. In the three months ending March 31, Altria reported net income of $1.22 billion, or 62 cents...

  • SASKATOON, Saskatchewan _ Potash Corp. of Saskatchewan on Thursday reported first-quarter earnings of $75 million. Potash Corp. expects full-year earnings to be 60 cents to 80 cents per share. Potash Corp. shares have climbed 6.5 percent since the beginning of the year.