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  • DETROIT, April 22- AutoNation Inc, the largest U.S. auto dealer group, on Wednesday posted stronger-than-expected quarterly profit as sales for both new and used vehicles rose, sending shares up 2.5 percent in premarket trading. Net income in the first quarter rose to $111.5 million, or 97 cents a share, from $95.1 million, or 78 cents a share, a year earlier.

  • US STOCKS-Futures fall with eyes on earnings, dollar Wednesday, 22 Apr 2015 | 7:43 AM ET

    *EMC Corp dropped 2.2 percent to $25.75 as the data storage equipment maker cut its full-year forecast, citing the strong dollar. *Yahoo shares were up 1.3 percent at $45.07 after the company said it had hired advisers to determine the "most promising opportunities" for its stake in Yahoo Japan. *Broadcom rose 6.4 percent to $46.80 after the wireless chip maker...

  • HONG KONG, April 22- Hong Kong stocks extended gains on Wednesday, taking cues from bullish China markets and on hopes that fresh money will continue to flow into the city from mainland investors. Sunac China Holdings Ltd surged 10.9 percent to a record high after media reports that Kaisa Group's chairman had no plans to cancel a deal to sell his family's 49.3...

  • April 21- Amgen Inc reported higher first-quarter earnings on Tuesday, helped by price increases for its best-selling drugs, as well as lower spending on research and development. Amgen shares, which rose 1.5 percent in regular trading, were up another 2.3 percent at $172.25 after hours. He added, however, that overall cost trims are on track, and Amgen raised its...

  • April 21- Yahoo Inc reported first-quarter revenue below analysts' estimates as the veteran internet company struggles to rev up its core online advertising business. Yahoo's shares were down 2.1 percent at $43.72 in extended trading after the company also reported a lower-than-expected quarterly profit. Revenue growth has stalled in recent years as...

  • April 21- Chinese demand for steel-making coal has weakened with imports for the first two months of 2015 well below last year's levels, the chief executive of Canadian miner Teck Resources Ltd said on Tuesday as the company announced lower earnings and a big dividend cut. Teck shares were down 5 percent at C $16.05 after it slashed its half-yearly dividend to 15...

  • CHICAGO, April 21- The spread of a deadly strain of bird flu into an Iowa egg farm accelerated market concerns over how big of a bite the current outbreak could take from the United States' egg and poultry businesses, sending shares of several leading meat companies' down on Tuesday. Minnesota, the largest turkey-producing state in the country, has been the hardest...

  • *Shares hit all-time high of 1,233 pence. LONDON, April 21- ARM Holdings, the British chip designer favoured by Apple, beat expectations for first-quarter profit thanks to demand for the iPhone 6, and said its royalties would grow as its latest technology is used in more smartphones. Shares in the Cambridge- based company rose to an all-time high of 1,233 pence...

  • Tough new rules on risk and a surging Swiss franc weakened Credit Suisse's cushion against future losses in the first quarter. Credit Suisse's shares were the second-biggest faller in the European banking index, down 3 percent against the index's 0.75 percent rise by mid-morning. Thiam, chief executive of British insurer Prudential, takes over from Credit...

  • *Shares hit all-time high of 1,233 pence. LONDON, April 21- ARM Holdings, the British chip designer favoured by Apple, beat expectations for first-quarter profit thanks to demand for the iPhone 6, and said its royalties would grow as its latest technology is used in more smartphones. Shares in the Cambridge- based company rose to an all-time high of 1,233 pence...

  • *Trainmakers China CNR and CSR Corp slump on profit-taking. SHANGHAI, April 21- Stocks in China rebounded on Tuesday, with investor interest shifting back to small caps as a slump in top trainmakers China CNR and CSR Corp soured sentiment toward infrastructure stocks. Hong Kong shares also rose, encouraged by signs that more mainland money was flowing into the...

  • April 20- Perfume maker Coty Inc said Elio Sceti, the chief executive of Europe's largest frozen foods company Iglo Foods Holdings Ltd, would join the company as CEO in July. Shares of Coty, which makes perfumes for fashion brands such as Calvin Klein and Marc Jacobs, rose as much as 3 percent to a record high of $25.72. "Sceti appears to be exactly the type of candidate...

  • *Euro slips on Greece worries, dollar. NEW YORK, April 20- European and U.S. stocks rose on Monday after China announced economic stimulus measures while the euro fell against the dollar on worries Greece may default. "What's helped the market today is the story about more stimulus in China," said Rick Meckler, President of LibertyView Capital Management in Jersey...

  • April 20- Hasbro Inc reported a surprise rise in quarterly revenue, helped by strong sales of boys' toys such as those based on characters in Transformers movies and Marvel Comics, sending its shares up about 8 percent in early trading. Hasbro, which holds licenses for Marvel characters such as Spider-Man and Iron Man, reported a 10 percent rise in sales of boys' toys,...

  • *China move boost Aussie, euro down on Greece worries. LONDON, April 20- Global stock markets had a mixed start to the week on Monday and core bond yields fell as investors juggled Chinese steps to stimulate its slowing economy and a proposed telecoms deal in Europe with growing worries Greece may default. This, in turn, contributed to an early rise in European shares,...

  • SHANGHAI, April 20- China stocks rose to fresh seven-year highs on Monday as the central bank ramped up efforts to bolster the slowing economy, cutting banks' reserve requirements by the biggest amount since the depths of the global financial crisis. "The government is sending a clear signal: the stock index is too high," Zhang Yunyi, general manager of Shanghai-...

  • April 16- Mattel Inc reported higher-than-expected quarterly net sales as the toymaker's new chief executive focuses on turning around its business in the face of flagging sales of Barbie dolls. Mattel's shares rose 7.6 percent to $27.20 in aftermarket trading on Thursday. Net loss attributable to Mattel widened to $58.2 million, or 17 cents per share, in the...

  • April 16- Shares of electronic trading firm Virtu Financial Inc rose as much as 24.6 percent in their debut in a sign that public angst over "high-frequency" trading is waning. Its competitors include large broker-dealers such as Bank of America Merrill Lynch and Citigroup Inc, as well as niche players such as Citadel, KCG Holdings, Timber Hill and Wolverine...

  • April 16- Shares of electronic trading firm Virtu Financial Inc rose as much as 24.6 percent in their debut in a sign that public angst over "high-frequency" trading is waning. Founder Vincent Viola, a former chairman of the New York Mercantile Exchange, will control Virtu though his ownership of Class D shares, which have more voting power than ordinary shares.

  • April 16- Shares of electronic trading firm Virtu Financial Inc rose as much as 24.6 percent in their debut, valuing the company at about $3.23 billion. Virtu's shares opened at $23 and touched a high of $23.67 on Thursday on the Nasdaq. Goldman Sachs Group Inc, JPMorgan Chase& Co and Sandler O'Neill+ Partners LP were among the underwriters for the IPO.