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  • The Hang Seng index fell 0.7 percent, to 21,309.85, the lowest close since Sept 30. But shares related to Fosun Group slumped, even though Fosun Chairman Guo Guangchang made his first public appearance on Monday since reports he had gone missing last week. Fosun International and Shanghai Fosun Pharmaceutical Co slumped 9.5 percent and 12 percent, respectively.

  • WASHINGTON, Dec 10- Shares of Chipotle jumped more than 5 percent on Thursday after its founder apologized to patrons who fell ill after eating at the company's restaurants and pledged that strict new food-safety practices would prevent future outbreaks. "This was a very unfortunate incident and I'm deeply sorry that this happened, but the procedures we're...

  • Dec 10- Shares of Australian business software maker Atlassian Corp Plc rose as much as 33.3 percent in their market debut, valuing the company at about $5.85 billion. The company's initial public offering raised $462 million after the shares were priced at $21 each, above the expected range of $19- $20. The company has about 51,000 customers in more than 160...

  • *Glencore rises on debt cut plan, lifts miners. LONDON, Dec 10- European shares fell for a third straight session on Thursday, touching a two-month low, with retailers and tech firms under pressure even as commodity shares stabilized. The FTSEurofirst 300 is down around 6 percent in December, falling after the European Central Bank disappointed markets with only...

  • JOHANNESBURG, Dec 10- Mining and trading company Glencore has increased its debt reduction target and deepened its capital spending cuts as it fights for survival in the face of low commodity prices, sending its shares up more than 9 percent in early trade. Glencore has come under pressure from investors and credit ratings agencies to cut its net debt of $30...

  • TOKYO, Dec 10- Japan's Nikkei share average fell to a five-week closing low on Thursday as a sudden surge in the yen hit shares of exporters such as Fanuc and Honda Motor, though trading volume was low. The Nikkei fell 1.3 percent to 19,046.55, its lowest close since Nov 4, while the broader Topix shed 1.0 percent to 1,540.35, also a five-week low. The turnover at the...

  • Panasonic Corp shares fell 1.4 percent to a 1-1/ 2 month low during the morning session, while Nissan Motor Co Ltd slipped as much as 2.1 percent to a 5-1/ 2 week low. Bridgestone Motor Corp shares fell 1.9 percent after U.S. auto parts retailer Pep Boys rebuffed the tire maker's bid to buy the company in favor of a proposal from Carl Icahn. Department store operator...

  • Dec 9- Chevron Corp said on Wednesday it would slash its budget by 24 percent next year as it aims to control spending after oil prices fell more than 50 percent in the past 18 months. The company plans to spend $26.6 billion in 2016 across the globe, with the bulk of spending on international oil and gas exploration and production projects. Shares of Chevron fell 0.5...

  • *Yahoo shares down more than 3 pct. SAN FRANCISCO/ BENGALURU, Dec 9- Yahoo Inc shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday, under pressure from activist investors worried about billions of dollars in taxes, and said instead it is looking at creating a separate company to hold the rest of its assets.

  • *Dow Chemical, DuPont jump on reported merger talks. Dec 9- U.S. stocks looked set to snap a two-day losing streak as crude oil prices clawed back some losses and reported merger talks between Dow Chemical and DuPont helped prop up shares of raw materials companies. Dow Chemical was up 11.2 percent at $56.59 while DuPont jumped 12.5 percent to $74.94, after reports...

  • Dec 9- Freeport-McMoRan Inc on Wednesday suspended its annual dividend and made deeper cuts in capital spending and copper production, the latest mining company to act to preserve cash as a commodities' price downturn enters its fifth year. Shares in the U.S. diversified miner and oil producer jumped 9.9 percent to $7.41 a share on Wednesday morning, getting...

  • TOKYO, Dec 9- Japanese stocks fell on Wednesday as sliding oil prices continued to cut risk appetites and offset Japan's better-than-expected machinery orders data. The Topix subindex for insurance shares shed 1.7 percent after Barclays cut its target price recommendation for a number of major insurance companies. Dai-ichi Life Insurance Co Ltd shares...

  • Since last Thursday's shooting in San Bernardino, California, the deadliest burst of U.S. gun violence in three years, Smith& Wesson shares have surged about 17 percent, compared to the S&P 500' s 1 percent loss. Shares of Smith& Wesson Holding Corp have soared 126 percent this year while Sturm Ruger& Co shares have surged 67 percent. Over the past five years, Smith&...

  • Since last Thursday's shooting in San Bernardino, California, the deadliest burst of U.S. gun violence in three years, Smith& Wesson shares have surged about 17 percent, compared to the S&P 500' s 1 percent loss. Shares of Smith& Wesson Holding Corp have soared 126 percent this year while Sturm Ruger& Co shares have surged 67 percent. Over the past five years, Smith&...

  • SAN FRANCISCO/ BENGALURU, Dec 8- Yahoo Inc is weighing a sale of its core business and will not sell of its stake in Alibaba Group Holding Ltd, CNBC reported, a sharp reversal that came after pressure from an activist investor. Yahoo's shares were up nearly 2 percent in after hours trading. Yahoo faced pressure from activist investor Starboard Value LP to sell the...

  • NEW YORK, Dec 8- Price swings in the energy market weighed on stocks and exchange-traded funds again on Tuesday, hitting the shares of oil producers for the fifth consecutive trading day. Markets in energy-infrastructure stocks were active as well, as Kinder Morgan lost 6.5 percent. Exxon Mobil Corp fell 1.9 percent, Chevron Corp was down 1 percent and...

  • NEW YORK, Dec 8- Stock markets worldwide slipped on Tuesday, weighed down by weak China trade figures, but indexes were off their lows after oil prices steadied a bit after falling within reach of a seven-year nadir. U.S. crude hit $36.64 a barrel and Brent hit $39.81, their lowest levels since February 2009, before rebounding. Brent crude was last up 4 cents, at $40.77 a...

  • NEW YORK, Dec 8- Oil price swings weighed on stocks and exchange-traded funds again on Tuesday, hitting the shares of energy producers for the fifth consecutive trading day. Kinder Morgan lost 4.8 percent, while Exxon Mobil fell 1.9 percent, Chevron Corp was down 0.4 percent and Schlumberger Ltd fell 1.2 percent. The SIG Oil Exploration and Production index hit...

  • TOKYO, Dec 8- Japan's Nikkei share average fell on Tuesday, with sharp declines in oil and commodity shares offsetting news that the economy had dodged a recession in the third quarter. Inpex Corp tumbled 5.4 percent and Japan Petroleum Exploration shed 3.5 percent. Mitsubishi Corp dropped 2.3 percent, Sumitomo Corp shed 2.4 percent and Mitsui& Co declined 2.5...

  • TAIPEI, Dec 8- Taiwan stocks fell on Tuesday following losses in overseas markets and after weak exports data dented hopes the trade-reliant economy can recover in the final months of 2015.. Shares of Taiwan Semiconductor Manufacturing Co Ltd were flat, after the world's largest contract chipmaker said on Monday that it had decided to go forward on building a...