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  • CHICAGO, Nov 29- Pilgrim's Pride Corp, the world's second-largest chicken producer, said on Tuesday it will buy smaller rival GNP Company in a $350 million deal that will increase its organic and antibiotic-free offerings. Pilgrim's shares were up 2.1 percent at $18.35 in afternoon trading, broadly in line with other meat producers such as Tyson Foods Inc..

  • Brent crude futures fell 1.9 percent in early Monday trade to $46.29 a barrel, after having slipped 3.6 percent on Friday on rising doubts over whether the Organization of the Petroleum Exporting Countries will reach an output deal. Saudi Arabia said on Friday it will not attend talks on Monday with non- OPEC producers to discuss supply cuts.

  • ZURICH/ FRANKFURT, Nov 25- Shares in Actelion Ltd jumped as much as 19 percent to record highs on Friday on reports that U.S. healthcare company Johnson& Johnson was interested in a takeover of the fast-growing Swiss biotechnology firm. A person familiar with the situation told Reuters that Johnson& Johnson had met Actelion about a deal, and that there was broader...

  • Yum China Holdings is in talks to buy food delivery services firm Daojia.com for up to $200 million, Reuters reports.

  • AirAsia plans to float a holding company that will tally all of its operations and entities under a HK listing for the Malaysia-based carrier.

  • *Egypt pulls back as local traders dump shares. DUBAI, Nov 24- Egypt's stock index slipped from a multi-year peak on Thursday while shares in the Gulf were mixed with Saudi Arabia's market swinging in volatile, heavy trade but ending the week on a firm footing. Mohamed El Nabarawy, head of asset mananement at Cairo- based HC Securities& Investment, believes that there...

  • BUZZ-QAD INC: HITS RECORD HIGH AFTER STRONG RESULTS@** Cloud-based software provider's shares rise as. much as 11.6 pct to hit record high of $28.85. **Reports better-than-expected Q3 revenue and profit, helped by higher subscription revenue and new cloud customer additions.

  • Nov 23- Eli Lilly and Co's experimental drug failed to slow loss of cognitive ability in patients with mild Alzheimer's disease in a large trial, the company said on Wednesday, a major setback for the U.S. drugmaker and millions of people with the memory-robbing disease. Shares of Lilly fell 13 percent in premarket trading after it unveiled long-awaited results...

  • LONDON, Nov 23- Shares in British estate agents Foxtons and Countrywide tumbled on Wednesday after the government said it would crack down on fees imposed on tenants. The change in policy, due to be announced later on Wednesday by finance minister Philip Hammond, is designed to help low earners avoid additional costs when renting. The news sent shares in Foxtons, a...

  • TAIPEI, Nov 23- Taiwan stocks hit a two-week high on Wednesday, tracking overseas markets, while shares in troubled TransAsia Airways Corp fell limit down after the carrier said it was shutting operations. However, the broader market shrugged off investor concerns over TransAsia Airways. The Taiwan dollar firmed T $0.065 to T $31.880 per U.S. dollar.

  • HPE said it expects first-quarter adjusted profit between 42 cents and 46 cents. Analysts on average had expected profit of 46 cents per share according to Thomson Reuters I/B/E/S. However, the company did beat analyst estimates for the fourth-quarter ended Oct. 31 by 1 cent with earnings of 61 cents per share, excluding items.

  • SAO PAULO/ MEXICO CITY, Nov 22- Brazilian and Mexican stocks rose on Tuesday, helped by more external appetite for risk and investors buying in after a sell off prompted by Donald Trump's U.S. election victory. Mexico's IPC stock index closed up more than 1 percent. Shares of miners and steelmakers, such as Cia Siderúrgica Nacional SA and Vale SA, also rose.

  • Nov 22- Apparel retailer Urban Outfitters Inc reported quarterly comparable sales that missed analysts' estimate as demand fell for its Anthropologie Group and Free People brands, sending its shares down 9 percent in aftermarket trade. Urban Outfitters said its net sales rose 4.5 percent to $862.5 million. However, the company's net income fell to $47.4...

  • TORONTO, Nov 22- Canada's main stock index gained in morning trade on Tuesday, extending a 17- month high as base metal mining and banking shares rose. The most influential gainers included Teck Resources Ltd, which rose 3.3 percent to C $33.07, and First Quantum Minerals Ltd, which jumped 4 percent to C $15.39. Barrick Gold Corp shed 1.8 percent to C $20.30 and Potash...

  • SAO PAULO, Nov 22- Brazilian stocks rose on Tuesday as hopes of higher prices of basic products lifted shares of miners, steelmakers and pulp producers. Shares of miners and steelmakers, such as Cia Siderúrgica Nacional SA and Vale SA, also extended their rally. An index tracking shares of producers of basic products listed on the São Paulo stock exchange...

  • COPENHAGEN, Nov 22- Shares in Danish biotech company Genmab jumped to a record high on Tuesday after U.S. regulators approved widening the use its blood cancer drug Darzalex, prompting the firm to raise financial guidance for the year. Darzalex, which is sold by Genmab's partner Johnson& Johnson, was approved for patients in the United States who have undergone...

  • ZURICH, Nov 22- Shares in watchmakers Swatch Group and Richemont fell on Tuesday after the decline in Swiss watch exports accelerated in October. "We remain concerned about the Swiss watch industry's negative sales trends in a fixed-cost environment in particular ahead of the important festive season and continued disruption in Hong Kong, the Swiss watch...

  • Nov 21- Tyson Foods Inc shares tumbled more than 14 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said well-regarded Chief Executive Officer Donnie Smith would step down at the end of the year. Smith's departure surprised some on Wall Street, who regard him as the company's most successful CEO.

  • Nov 21- Tyson Foods Inc shares tumbled almost 15 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said Chief Executive Officer Donnie Smith would step down at the end of the year. Tyson expects profit of $4.70 to $4.85 a share in the year ending September 2017, below analysts' average estimate of $4.98.

  • Nov 21- Tyson Foods Inc shares tumbled almost 16 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said Chief Executive Donnie Smith would step down at the end of the year. The seller of Jimmy Dean sausage and Ball Park hot dogs expects profit of $4.70 to $4.85 a share in the year ending September 2017, below...