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  • *Dollar/ yen +0.3 pct, euro/ yen +0.5 pct. LONDON, Sept 21- World stocks rose on Wednesday, led by a surge in bank shares, while the yen weakened after the Bank of Japan surprised markets by adopting a target for long-term interest rates. Europe's STOXX 600 was up 1 percent in early trading with euro zone banking shares up nearly 3 percent and poised for their best day in...

  • HONG KONG, Sept 21- Japanese stocks were down in volatile trade for Asian markets as investors nervously waited on the outcome of the Bank of Japan's policy meeting amid growing speculation the central bank might step up its efforts to boost inflation. Ahead of the decision, MSCI's broadest index of Asia-Pacific shares outside Japan was flat, perched at its...

  • TORONTO, Sept 20- Canada's main stock index rose to a one-week high on Tuesday as shares of banks and other financial sector companies climbed, while the energy sector weighed as oil prices hit six-week lows intraday. The financials group, which accounts for 35 percent of the index's weight, gained 0.6 percent as investors braced for the outcomes of Federal...

  • Shares of Electrovaya, which have shot up 400 percent this year, rose as much as 9.9 percent to C $3.87 on the Toronto Stock Exchange on Tuesday. Electrovaya, which counts Chrysler, NASA and Tata Motors Ltd among its customers, said in July that it expects revenue of $80 million over three years from another deal. Das Gupta, who is an adjunct professor at the University...

  • Sinclair said that while it previously anticipated a decline in presidential ad spending based on late fundraising by the campaign of Republican nominee Donald Trump, it has yet to see significant spending even at the levels it initially expected. Leslie Moonves, chief executive of CBS Corp, downplayed Sinclair's warning in remarks at an investor...

  • SAO PAULO, Sept 20- Brazilian shares rose on Tuesday after Petrobras slashed its planned investment by 25 percent, pleasing traders concerned with the indebted state-controlled oil company's health. Petróleo Brasileiro SA is seeking to reduce the largest debt burden among global petroleum firms and revive investor confidence battered by a corruption...

  • New homes for sale by Lennar home builders.

    Lennar reported higher-than-expected quarterly profit and revenue as it sold more homes at higher prices and the company said orders rose 8.1 percent.

  • Net income attributable to Lennar's shareholders rose to $235.8 million, or $1.01 per share, from $223.3 million, or 96 cents per share. Analysts on average were expecting a profit of 89 cents per share and revenue of $2.68 billion, according to Thomson Reuters I/B/E/S. Up to Monday's close, shares of the Florida- based builder had fallen 7.8 percent this year.

  • Hanjin Shipping’s asset sales started last week, potentially setting off a fall in ship values worldwide amid a glut in the market.

  • Jean Lemierre, chairman of BNP Paribas SA, speaks during the International Economic Forum of the Americas in Montreal, Quebec, Canada, on Monday, June 13, 2016.

    QE and negative interest rates from central banks have helped support the economy, but it's time for governments to step up, BNP Paribas' chariman says.

  • Sept 19- Shares in a firm led by anti-virus software pioneer John McAfee fell 24 percent on Monday after it disclosed that it had received a subpoena from the U.S. Securities and Exchange Commission. The company, MGT Capital Investments Inc, said in a statement that it was cooperating with the SEC after receiving the subpoena on Thursday and that it does not...

  • Sept 19- TerraForm Global Inc and TerraForm Power Inc, the "yieldcos" of bankrupt solar company SunEdison Inc, said on Monday they were exploring strategic alternatives, including a sale of their entire business. TerraForm Power's shares were up 3.4 percent at $13.49 in early trading, while TerraForm Global was up 7.4 percent at $3.65. Some of the strategic...

  • SEOUL, Sept 18- Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses. Samsung declined to disclose financial details or when the shares were sold, but a term sheet seen by Reuters last week showed it was selling...

  • *Wall Street weighed down by bank, energy stocks. NEW YORK, Sept 16- The possibility of a $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading major global stock indexes lower. Stocks fell as investors dumped shares of banks in North America and Europe after the U.S. Department of Justice proposed Deutsche...

  • NEW YORK, Sept 16- United Technologies Corp's chief executive officer said on Friday the company would deliver 150 Pratt& Whitney engines this year, missing its target of 200 and putting "pressure on cash flow." United Technologies shares fell about 1.8 percent after CEO Greg Hayes spoke about the issue at an investor conference hosted by Morgan Stanley.

  • *Wall Street weighed down by banks, energy stocks. NEW YORK, Sept 16- The possibility of a $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading most global stock indexes lower. Stocks fell as investors dumped shares of banks in North America and Europe after the U.S. Department of Justice proposed Deutsche...

  • *Wall Street weighed down by banks, energy stocks. NEW YORK, Sept 16- The possibility of a $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading most global stock indexes lower. Stocks fell as investors dumped shares of banks in North America and Europe after the U.S. Department of Justice proposed Deutsche...

  • *Wall Street weighed down by banks, energy stocks. NEW YORK, Sept 16- A $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading most global stock indexes lower. Stocks fell as investors dumped shares of banks in North America and Europe after the U.S. Department of Justice told Deutsche Bank to pay $14 billion to...

  • A pedestrian crossing sign is seen at the Oracle Corp. campus in Redwood City, California, U.S.

    Oracle forecast lower-than-expected profit as growth in its cloud-based business fails to make up for weakness in its traditional software offerings.

  • *Q1 adj EPS $0.55 vs est $0.58. *Q1 rev $8.6 bln vs est $8.7 bln. *Sees Q2 adj EPS $0.59- $0.62 vs est $0.65.