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  • Feb 9- Twitter Inc posted the slowest revenue growth since it went public four years ago, sending shares down more than 10 percent on Thursday on fears that rivals Snapchat and Facebook Inc were winning the war for advertising. Revenue from advertising fell from a year ago and a 4.0 percent year-on-year rise in users to 319 million fell short of Wall Street...

  • TORONTO, Feb 9- Canada's main stock index rose on Thursday to its highest in nearly two weeks, led by a more than 2 percent gain for energy shares as oil prices rose, while lower prices for base and precious metals weighed on the materials group. Canada's largest oil and gas company reported a larger-than-expected fourth-quarter profit on Wednesday as a result of...

  • MEXICO CITY, Feb 9- The initial public offering for Mexico's Jose Cuervo raised more than $900 million, the company said on Thursday, as the world's biggest tequila maker launched the first IPO in the country since Donald Trump won the U.S. presidency in November. Shares in Cuervo, which were priced at the top of the expected range at 34 pesos, jumped by more than 8...

  • Strong company earnings put investors in a buying mood Thursday, lifting the major U.S. stock indexes to record highs. They're also keeping an eye on Washington D.C. to gauge whether the Trump administration will deliver on expectations of business-friendly policies that helped drive a market rally last fall. "You're definitely seeing a kind of risk-on right...

  • SAO PAULO, Feb 9- Brazilian stocks rose on Thursday as prices of commodities advanced, with pulp and paper company Suzano Papel e Celulose SA leading gains after fourth-quarter earnings. Shares of miner Vale SA and state-controlled oil company Petróleo Brasileiro SA added the most points to the index, tracking prices of iron ore and crude futures.

  • TORONTO, Feb 9- Canada's main stock index rose on Thursday as higher oil prices supported energy shares, while Manulife Financial Corp also climbed after meeting a long-held target to achieve an annual profit of C $4 billion in 2016.. The Toronto Stock Exchange's S&P/TSX composite index was up 33.86 points, or 0.22 percent, at 15,587.90, shortly after the open.

  • Feb 9- Twitter Inc reported its slowest quarterly revenue growth since going public as the company continues to face intense competition from Snap Inc's Snapchat and Facebook Inc's Instagram. The company's shares fell as much as 10 percent to $16.81 in premarket trading on Thursday. Revenue rose just 1 percent to $717.2 million, missing analysts' average...

  • HILLIARD, Ohio _ Advanced Drainage Systems Inc. on Thursday reported fiscal third-quarter earnings of $9.1 million. Advanced Drainage expects full-year revenue in the range of $1.23 billion to $1.25 billion. Advanced Drainage shares have risen 17 percent since the beginning of the year.

  • Whole Foods' shares fell 3.2 percent to $28.35 in trading after the bell on Wednesday. It cut its profit forecast for the year to $1.33 per share or greater, from its previous view of $1.42 or greater. Whole Foods has also been streamlining its management, with co-founder John Mackey taking over as sole chief executive after Walter Robb, who had split CEO duties with...

  • SAN FRANCISCO, Feb 8- Shares of Panera Bread surged to a record high on Wednesday and were on track for the biggest one-day move in almost two years after the company gave an upbeat forecast and said technology investments at its restaurants were paying off. The St. Louis, Missouri- based company late on Tuesday reported quarterly results above Wall Street's...

  • Feb 8- U.S. biopharmaceutical company Tesaro Inc is discussing its options with investment banks after receiving acquisition interest from several drugmakers, according to people familiar with the matter. Tesaro shares rose as much as 17 percent on the news and were up 11 percent at $180.50 in late morning trading in New York on Wednesday, giving the company a...

  • SAO PAULO, Feb 8- Yields paid on Brazilian. "In our view, the pace of a 75 basis-point cut per meeting adopted by the Central Bank in last January's Copom meeting is enough to ensure inflation to the target in the next two years," UBS economists wrote in a note to clients. Brazil's benchmark Bovespa stock index slipped 0.4 percent, weighed down by falling shares of...

  • LONDON— Pharmaceutical company GlaxoSmithKline saw its sales and profits grow in the fourth quarter but warned that tougher competition from generic drugmakers could depress its earnings this year. The London- based company said Wednesday its net income rose to 257 million pounds, from a loss of 354 million pounds a year earlier. Outgoing CEO Andrew Witty,...

  • MSCI's broadest index of Asia-Pacific shares outside Japan ticked down 0.3 percent, slipping further from Monday's four-month high, led by 0.9 percent fall in South Korean shares. Japan's Nikkei slipped 0.2 percent. "The markets are now paying attention to political risks in Europe and the United States, after a rally earlier this week following the strong U.S....

  • LOS ANGELES, Feb 7- Yum China Holdings Inc, reporting for the first time as a standalone company, on Tuesday said its profit beat expectations for the fourth quarter despite just missing Wall Street's target for sales at established restaurants. Shares in the company, which is China's largest publicly held restaurant operator with 7,562 units, were up 1 percent...

  • TOKYO, Feb 8- Asian shares dipped from four-month highs on Wednesday and the euro was pressured as lingering political and economic uncertainty in the United States and Europe sapped investor confidence. MSCI's broadest index of Asia-Pacific shares outside Japan ticked down 0.2 percent, slipping further from Monday's four-month high.

  • LOS ANGELES, Feb 7- Yum China Holdings Inc, reporting for the first time as a standalone company, on Tuesday said its profit beat expectations for the fourth quarter despite just missing Wall Street's target for sales at established restaurants. Shares in the company, which operates 7,562 restaurants in China, were up 1.4 percent to $28.26 in thin after-hours...

  • TORONTO, Feb 7- Canada's main stock index rose on Tuesday, with gains among heavyweight financial stocks on talk of a U.S. interest rate hike in March offsetting losses for shares of energy companies as oil prices weighed. The Toronto Stock Exchange's S&P/TSX composite index settled up 41.86 points, or 0.27 percent, at 15,498.80. "We've got a broad-based rally but...

  • TORONTO, Feb 7- Canada's main stock index gained on Tuesday in a broad-based rally led by financial stocks, while shares of energy companies fell with lower oil prices. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 41.86 points, or 0.27 percent, at 15,498.80. The energy group, the only one of 10 sectors to fall, lost 0.9 percent.

  • DETROIT, Feb 7- General Motors Co said on Tuesday that fourth-quarter net income fell partly on the strength of the dollar against the British pound and forecast flat 2017 profit per share, sending shares tumbling nearly 5 percent. Shares in rival automakers Ford Motor Co and Fiat Chrysler Automobiles NV also sank. During a conference call, GM Chief Executive...