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  • Mallinckrodt plunges after Citron tweet Monday, 9 Nov 2015 | 2:27 PM ET

    Nov 9- Shares of Mallinckrodt Plc fell as much as 26 percent on Monday after short-seller Citron Research called the drugmaker "a far worse offender of the reimbursement system" in a tweet. Citron also indicated that it would disclose more in a report. Shares of Mallinckrodt- which makes specialty drugs, medical imaging agents and generic drugs- were down 15...

  • *Priceline down 6 pct premarket, Expedia down 1.7 pct. Nov 9- Online travel agency Priceline Group Inc forecast fourth-quarter profit below estimates, hurt by a strong dollar, and said it expects a decline in gross travel bookings in the United States. Priceline, Expedia and other travel companies have been facing increased pressure in its hotel bookings...

  • The cash-rich Danish company said earlier on Monday it will pay $365 million upfront to buy 25 percent stakes in three licenses owned by Africa Oil Corporation in Kenya as well as a 25 percent stake in an exploration license in Ethiopia and a 15 percent stake in another Ethiopian license. Shares in Toronto- and Stockholm- listed Africa Oil Corporation soared 33...

  • HONG KONG, Nov 9- Hong Kong shares finished down on Monday as afternoon profit-taking overwhelmed an early boost from buoyant mainland shares and the successful listing of China International Capital Corp, China's oldest domestic investment bank. Shares were up marginally in morning trade but declines of technology stocks, led by Tencent ahead of its...

  • NEW YORK, Nov 6- Goldman Sachs sold 1.3 million shares of Valeant Pharmaceuticals International on Thursday, a day when the drug company's shares fell as much as 20 percent, because they were securing loans made to Valeant CEO Michael Pearson that needed to be paid. Pearson had pledged about 2 million shares as collateral for loans of $100 million, which was...

  • When KeyCorp said on Friday that it agreed to buy First Niagara Financial Group, shares of both banks dropped fell, with KeyCorp dropping 7 percent and First Niagara slipping nearly 1 percent. When New York Community Bancorp agreed to buy Astoria Financial Inc, the acquirer's shares fell 12 percent, and Astoria's shares fell 7.7 percent. After the KeyCorp and New...

  • **TransCanada shares fall 5.2 pct to C $42.91; U.S.-listed shares down 6.2 percent at $32.24. **Washington has spent more than seven years deciding whether to approve the northern leg of the $8 bln pipeline, which would take oil from Alberta's tar sands to U.S. refineries. **TransCanada first sought the required presidential permit for the cross-border section in...

  • BOSTON/ NEW YORK, Nov 5- Billionaire investor Bill Ackman expressed confidence in Valeant Pharmaceuticals International Inc's chief executive on Thursday as shares in the drugmaker fell as much as 20 percent to their lowest level since 2013 on concerns over its business practices. Valeant CEO Michael Pearson has come under increasing pressure as the...

  • Nov 5- News Corp's quarterly revenue fell for the third straight quarter as income from its core news and information services business, which includes Dow Jones and the Wall Street Journal, declined further. News Corp has been diversifying its business to lower its dependence on print. News Corp's shares were unchanged at $15.35 in extended trading.

  • LOS ANGELES, Nov 5- Shake Shack Inc, known for its antibiotic-free hamburgers and indulgent sides, on Thursday said sales at established restaurants jumped more than expected in the third quarter, sending its shares up 7 percent in extended trade. The New York- based chain, founded by celebrity restaurateur Danny Meyer, said same-restaurant sales were up 17.1...

  • NEW YORK/ BOSTON, Nov 5- Valeant Pharmaceuticals International Inc shares fell as much as 20 percent on Thursday to a level not seen since 2013, heaping new pressure on Chief Executive Officer Michael Pearson after weeks of steep losses due to concerns about the drugmaker's business practices. The stock has plunged from $263.70 on Aug. 5 to below $80 on Thursday...

  • UPDATE 2-Valeant shares tumble to 2-1/2 year lows Thursday, 5 Nov 2015 | 1:34 PM ET

    NEW YORK/ BOSTON, Nov 5- Valeant Pharmaceuticals International Inc shares fell as much as 20 percent on Thursday to a level not seen since 2013, heaping new pressure on Chief Executive Officer Michael Pearson after weeks of steep losses due to concerns about the drugmaker's business practices. The stock has plunged from $263.70 on Aug. 5 to below $80 on Thursday...

  • NEW YORK/ BOSTON, Nov 5- Valeant Pharmaceuticals International Inc shares fell as much as 20 percent on Thursday, building on weeks of steep losses over concerns about its ties to specialty pharmacy Philidor Rx Services and its sharp drug price increases. Valeant's U.S.-traded shares hit their lowest since May 2013, falling as low as $73.37, before partly...

  • NEW YORK, Nov 5- Valeant Pharmaceuticals International Inc shares fell as much as 20 percent on Thursday, building on weeks of steep losses over concerns about its ties to specialty pharmacy Philidor Rx Services, which is accused of improperly boosting sales of Valeant drugs. Valeant's U.S.-traded shares hit their lowest since May 2013, falling as low as $73.37.

  • FireEye shares tumble after company cuts forecasts Thursday, 5 Nov 2015 | 9:50 AM ET

    Nov 5- FireEye Inc shares tumbled nearly 18 percent on Thursday after the cyber security firm missed quarterly forecasts and cut its revenue outlook, saying that a reduction in cyber spying from China had hurt demand for its products. Wall Street analysts and industry watchers said that they were sceptical of FireEye's assertion that a U.S.- China agreement...

  • Nov 5- Celgene Corp posted its smallest revenue growth in five quarters as sales of its blockbuster cancer treatment Revlimid slowed. Celgene's shares fell 4.5 percent to $121.55 in early trading on Thursday after the company also reported a profit that barely topped analysts' estimates. The company also cut its full-year profit view to $2.02- $2.24 per share...

  • MSCI's benchmark emerging market index slipped 0.5 percent, with bourses in Turkey and Greece losing around 1 percent and shares in South Africa, Russia and much of eastern Europe posting losses. Currencies broadly weakened against the dollar with Turkey's lira and Israel's shekel slipping 0.3 percent and Russia's rouble and South Africa's rand weakening...

  • *Japan Post shares soar for 2nd day on strong demand. *Takata plunges as Honda says will no longer use its inflators. The three Japan Post shares extended their gains into the second day, with Japan Post Insurance Co soaring more than 17 percent, Japan Post Bank Co gaining 8 percent and Japan Post Holdings Co climbing 5 percent.

  • TOKYO, Nov 5- Shares of Japanese supplier Takata Corp plunged 21 percent on Thursday, extending a sharp fall from the day before when top customer Honda Motor Co said it would stop buying a component at the heart of a multi-million-vehicle recall. Takata slid to 936 yen in early Tokyo trade, the lowest level since April 2009. Takata faces fresh questions over its...

  • Nov 4- Time Warner Inc- the owner of cable channels TNT, TBS Cartoon Network- said ratings for its "key" domestic entertainment networks have dropped more than anticipated, which will result in a fall in ad revenue next year. The warning, which echoed a similar one from ESPN and ABC- owner Walt Disney Co in August, sent Time Warner's shares plunging more than 10 percent on...