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  • TORONTO, May 2- Canada's main stock index fell on Monday as lower oil prices weighed on energy stocks, offsetting a jump in the shares of Manitoba Telecom Services Inc on news of the company's acquisition by BCE Inc.. The most influential movers on the index included Suncor Energy Inc, which fell 2.4 percent to C $35.94, and Canadian Natural Resources Ltd, which...

  • TOKYO, May 2- Asian shares fell in early trading on Monday, with Japan's Nikkei plunging after the dollar notched a fresh 18- month low against the yen. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent, after Wall Street marked losses after a spate of disappointing earnings. Markets in Hong Kong and China will be closed on Monday.

  • TORONTO, April 29- Canada's main stock index rose to a six-month high on Friday as mining stocks surged on higher gold and base metal prices, while shares of its largest airline jumped after quarterly results were reported. Improving prices in commodities have helped drive the index higher both year-to-date and on Friday, said Noman Ali, a portfolio manager at...

  • Shares in Valeant fell 4.0 percent to $33.81 in midday trading in New York on Friday and are well down from their all time high of $263.70 in August. "We think investors should sell on this catalyst since the business is quite weak and faces a number of headwinds," Mizuho Securities analyst Irina Koffler said in a research note. The annual report does not answer some...

  • TORONTO, April 29- Canada's main stock index rose on Friday as mining and energy stocks firmed on higher commodity prices, while shares of its largest airline jumped after quarterly results were reported. The most influential movers on the index included Barrick Gold Inc, which rose 5.1 percent to C $23.15, and First Quantum Minerals Ltd, which advanced 13.5...

  • April 29- Air Canada, the country's largest airline, said on Friday it was looking to finalize an order to buy 45 Bombardier Inc CSeries jets "soon," looking at firming up an order that was first announced in February. Air Canada also reported a first-quarter profit, compared with a year-earlier loss, due to lower fuel costs, helping send the company's shares up 13...

  • Roger Altman

    Most companies are feeling all right about their business, but weak sales growth is making M&A synergies attractive, Roger Altman says.

  • *Q1 non-GAAP EPS $3.19 vs consensus $3.05. LONDON, April 29- Strong demand for Shire's top-selling Vyvanse drug helped to lift first-quarter earnings by a better than expected 12 percent, boosting the London- listed group's shares ahead of its $32 billion acquisition of U.S. rare diseases specialist Baxalta. Shares in the company rose 4 percent and Trinity Delta...

  • Royal Caribbean also raised its full-year earnings forecast to $6.15- $6.35 per share from $5.90 to $6.10. Net income attributable to the company jumped to $99.1 million, or 46 cents per share, from $45.2 million, or 20 cents per share, a year earlier. Royal Caribbean's shares were at $79.50 before the bell on Friday after closing at $76.02 on Thursday.

  • April 29- Hong Kong shares dropped over 1 percent on Friday as sentiment was soured by a tumble in Japanese stocks, after the Bank of Japan disappointed markets by electing not to expand monetary stimulus on Thursday. The Hang Seng index fell 1.5 percent, to 21,067.05, while the China Enterprises Index lost 1.3 percent, to 8,939.47 points. Industrial and...

  • *Sentiment in Hong Kong hit by slump in Japan stocks. Hong Kong shares dropped over 1 percent as sentiment was soured by a tumble in Japanese stocks, after the Bank of Japan disappointed markets by electing not to expand monetary stimulus on Thursday. China's blue-chip CSI300 index dipped 0.04 percent to 3,159.46 points by lunch break, while the Shanghai...

  • Is Alibaba's Jack Ma buying AC Milan?

    Is China's richest man, Jack Ma, buying storied Italian football club A.C. Milan? Ma himself is pleading ignorance.

  • First-quarter revenue rose to $297.3 million from $230.8 million, and the company's shares rose 11 percent in after-hours trading. The company recently named a new chief executive, co-founder Tim Westergren, hoping to build goodwill in the music industry as it negotiates for licenses to launch an on-demand product. Mike Herring, Pandora's president and CFO,...

  • April 28- Music streaming service Pandora Media Inc posted a 29 percent rise in quarterly revenue on Thursday as advertising revenue increased. First-quarter revenue rose to $297.3 million from $230.8 million. Pandora shares were up 11 percent in after-hours trading.

  • DETROIT, April 28- Ford Motor Co reported first-quarter net income that more than doubled thanks to robust deliveries of pickup trucks in North America and a profit rebound in Europe, but cautioned that results in the second half of the year would likely not be as strong. It reported record operating margins globally and in North America, and enjoyed its most...

  • After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares jumped 11 percent to a record high of $120 in early trading on Thursday, giving a $30 billion boost to the social networking...

  • After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc N> after the company shredded Wall Street's forecasts for revenue, profit and user growth. Facebook's shares jumped 11 percent to a record high of $120 in early trading on Thursday, giving a $30 billion boost to the social networking...

  • *Global Fashion Group sees valuation cut to 1 bln euros. BERLIN/ STOCKHOLM, April 28- Shares in German ecommerce investor Rocket Internet took another tumble on Thursday as concerns grew over the worth of its portfolio after a cut in the valuation of its online clothing sites operating in emerging markets. Rocket and co-investor Kinnevik said on Wednesday a new...

  • SHARES IN LLOYDS FALL 3.7 PERCENT TO 66.9 PENCE AFTER Q1 RESULTS.

  • Shares of the payment processor, which was spun off from eBay Inc last year, rose 4 percent to $41.65 in extended trading on Wednesday. PayPal's total revenue increased to $2.54 billion in the quarter ended March 31, while net income jumped 43 percent to $365 million, or 30 cents per share. Analysts on average had expected a profit of 35 cents per share and revenue of...