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  • WASHINGTON, May 19- Yahoo Inc shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo's planned spinoff of its stake in Alibaba Group Holding Ltd.. The change- discussed by a U.S. Internal Revenue Service official in Washington- could complicate the plan announced by Yahoo in January to spin off its 15...

  • TOKYO, May 20- Asian shares got off to a lacklustre start on Wednesday after a mixed day on Wall Street, though Japan's better-than-expected economic growth lifted the Nikkei to a nearly one-month high. The euro remained pressured by expectations that the European Central Bank would increase its bond-buying stimulus. MSCI's broadest index of Asia-Pacific...

  • WASHINGTON, May 19- Shares in Yahoo Inc fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd. The potential change, which Bloomberg reported that an Internal Revenue Service...

  • May 19- Heart device maker Edward Lifesciences Corp said it had stopped enrolling patients in a study testing its experimental heart valve due to the formation of blood clots. The experimental heart valve, Fortis, has been implanted in more than 20 patients, Edward Lifesciences said. The medical device maker's shares fell as much as 4.7 percent to $125.44...

  • *Dow component Apple's shares rose 0.43 percent to $130.75 in premarket trading, a day after investor Carl Icahn said the stock was "still dramatically undervalued." *Wal-Mart fell 2.21 percent to $78.15 after the company reported lower-than-expected U.S. same-store sales growth. *Urban Outfitters was down 16.5 percent at $34 after it reported quarterly sales...

  • *Tedford Marlow, Urban Outfitters division CEO, to retire. May 18- Urban Outfitters Inc's quarterly sales fell short of market estimates as sales under the Anthropologie brand rose at the slowest pace in 11 quarters, sending the company's shares down 17 percent in extended trading. The company said Tedford Marlow, chief executive of the Urban Outfitters...

  • Offer of $47/ share is a 21.4 pct premium. May 18- Ascena Retail Group Inc, which runs Lane Bryant and Dressbarn women's clothing stores, is to buy Ann Inc for $2.15 billion, mainly for the popular LOFT brand, which offers everyday fashion to a wide age group. Ann's shares were up 19.3 percent at $46.20 in late morning trading on Monday, just below Ascena's offer of $47 per...

  • For the highest-paid CEOs, the party goes on Monday, 18 May 2015 | 10:28 AM ET
    John Malone, Liberty Media Corp.

    The New York Times reports in its Equilar ranking that executive pay is at its highest since it started keeping track in 2006, NYT reports.

  • Intel, Altera resume deal talks - NY Post Monday, 18 May 2015 | 7:48 AM ET

    May 18- Chipmakers Intel Corp and Altera Corp have resumed talks on a possible deal that could top $13 billion, the New York Post reported. Altera's shares jumped 7 percent to $47.50 in premarket trading on Monday, while Intel's shares were up slightly at $33.15. Intel and Altera could not immediately be reached for comment.

  • Weaker commodity stocks push FTSE lower at the close Friday, 15 May 2015 | 11:55 AM ET

    *Blue-chip FTSE 100 index ends 0.2 pct lower. LONDON, May 15- Britain's top share index slipped on Friday, with energy and mining sectors falling the most on U.S. economic growth concerns and after prices of key commodities dropped. Shares in Anglo American, Glencore and Fresnillo were down 1.2 to 1.8 percent.

  • May 14- Technology consulting services provider Computer Sciences Corp is planning to separate its government business from its commercial information technology division, people familiar with the matter said on Thursday. The company's shares were up 4 percent at $67.18 in afternoon trading in New York, after earlier jumping as much as 7.1 percent.

  • *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON/ EDINBURGH, May 14- European shares rose on Thursday, helped by a rally in steel company stocks after a report that the European Commission had opened an anti-dumping inquiry into imports of cold rolled steel from Russia and China. The European Commission has set tariffs on imports of...

  • May 14- Department store operator Kohl's Corp reported quarterly same-store sales that missed analysts' expectation, hurt by colder-than-usual weather in February. Shares of the company, which also reported lower-than-expected revenue, fell 11 percent to $66.25 in premarket trading on Thursday. The stock's multiple is likely to reset lower until the...

  • US STOCKS-Futures higher ahead of weekly jobless data Thursday, 14 May 2015 | 7:36 AM ET

    May 14- U.S. stock index futures were higher on Thursday ahead of weekly jobless numbers, after the market closed little changed on Wednesday on weak April retail sales data. *Dow component Cisco fell 1.2 percent to $29 after the company beat estimates but said spending by telecom customers was not going to improve in the near future. *Puma Biotechnology shares...

  • *Danaher offers $127.20/ share for Pall Corp. *Danaher shares up 4.7 pct, Pall Corp up 5 pct. May 13- Danaher Corp will buy air and water-filter maker Pall Corp in a $13.8 billion deal to tap into fast-growing demand from the biotechnology industry, and said it would split into two listed companies after the deal.

  • US STOCKS-Futures rise ahead of retail data Wednesday, 13 May 2015 | 7:33 AM ET

    The data will be released at 8:30 a.m. ET. *Shares of pipeline company Williams Partners LP jumped 14 percent to $54 in premarket trading after Williams Cos said it would buy its affiliate for about $13.8 billion. *Owens-Illinois rose 2.7 percent to $24.44 after the glass container maker said it would buy the food and beverage glass container business of...

  • Rackspace forecasts revenue below Street Tuesday, 12 May 2015 | 10:59 AM ET
    Taylor Rhodes

    Rackspace forecast revenue for the current quarter below market estimates and said a strong dollar hurt its revenue growth in the first quarter.

  • ZURICH, May 12- A major shareholder in Adecco, Milwaukee- based fund manager Artisan Partners, is calling on the staffing firm to change its mind over a new chief executive it announced last week, in comments made to Swiss newspaper Finanz und Wirtschaft. Shares in Switzerland's Adecco tumbled after it said CEO Patrick de Maeseneire was leaving and would be...

  • ZURICH, May 12- A major shareholder in Adecco, Milwaukee- based fund manager Artisan Partners, is calling on the staffing firm to change its mind over a new chief executive it announced last week, in comments made to Swiss newspaper Finanz und Wirtschaft. Shares in Switzerland's Adecco tumbled after it said CEO Patrick de Maeseneire was leaving and would be...

  • *Investors have also been concerned that Greece could run out of cash. Euro zone finance ministers, who met on Monday, acknowledged progress in talks between Greece and its creditors but said more work was needed to close a cash-for-reforms deal. *AOL shares jump 18.1 percent to $50.29 after Verizon made an offer to buy the company for $4.4 billion.