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  • SAO PAULO, July 26- Brazilian equities rose on Tuesday as higher prices of iron ore lifted shares of miner Vale SA following a heavy batch of corporate reports. Iron ore futures listed in China rose more than 2 percent on Tuesday as steel prices recovered from a steep fall last week. But the Mexican benchmark index IPC seesawed as traders avoided making big bets...

  • Caterpillar said global uncertainty persists, and the recent vote in Britain to leave the European Union and the attempted coup in Turkey have heightened risks, especially in Europe. The world's largest construction and mining equipment maker, lowered its full-year 2016 sales outlook to a range of $40 billion to $40.5 billion, from $40 billion to $42 billion.

  • BENGALURU/ DETROIT, July 26- A widening rift between electric vehicle maker Tesla Motors Inc and Mobileye NV sent shares of the Israeli maker of driving-assistance chips and software plunging on Tuesday. Mobileye shares, which have been wildly popular with institutional and tech investors, were down 12.6 percent to $43.09 at mid-morning, after the company...

  • The company's $1.09 in earnings per share, excluding restructuring costs, was better than analysts' expectations of 96 cents, but below a revised $1.40 a year ago. The world's largest construction and mining equipment maker lowered its full-year 2016 sales outlook to a range of $40 billion to $40.5 billion, from $40 billion to $42 billion. Caterpillar expects...

  • July 26- Shares of Mobileye NV, an Israeli maker of driving-assistance chips and software, plummeted on Tuesday after the company said its contract with Tesla Motors Inc would not be renewed after its expiry. The company's shares fell as much as 13.7 percent to $42.56, their biggest intraday fall since January. Tesla Chief Executive Elon Musk said in his latest "...

  • July 26- McDonald's Corp reported much lower-than-expected quarterly sales growth at established restaurants in the United States and the fast-food chain said it faced "a challenging environment in several key markets." The company's shares fell as much as 3.7 percent to $122.63 in early trading on Tuesday. "There is no doubt that in the United States the...

  • NEW YORK, July 26- United Technologies Corp's quarterly profit and revenue beat analysts' estimates, and the company raised the low end of its full-year forecast. United Tech raised the low end of its full-year earnings forecast to $6.45 a share, from $6.30, while keeping the high end at $6.60. It raised the low end of its revenue forecast to $57 billion, from $56...

  • TOKYO, July 26- Japan's Nikkei share average fell to a near 2- week low on Tuesday as the yen firmed against the dollar ahead of the U.S. Federal Reserve's two-day policy meeting, hurting shares of exporters. The Nikkei fell 1.4 percent to 16,383.04 points, its lowest closing level since July 13.

  • *Asia shares ex- Japan still eke out one-year peak. SYDNEY, July 26- Caution was the watchword among investors on Tuesday, with equity markets mixed and the yen scampering higher ahead of central bank meetings in the United States and Japan. MSCI's broadest index of Asia-Pacific shares outside Japan did edge up 0.7 percent to reach its highest in almost a year, aided...

  • SYDNEY, July 26- Caution gripped Asian markets on Tuesday, sending the safe-haven yen scampering higher ahead of central bank meetings in the United States and Japan, while a fresh skid in oil dampened energy stocks. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2 percent firmer, still consolidating after recently topping out at nine-month...

  • TAIPEI, July 26- Taiwan stocks fell on Tuesday in cautious trading, paced by declines in electronics and financial shares. Shares of Hon Hai Precision slipped 0.2 percent, while Cathay Financial Holdings dipped 0.4 percent. The Taiwan dollar softened T $0.03 to T $32.170 per U.S. dollar.

  • SYDNEY, July 26- Caution gripped Asian markets on Tuesday, sending the safe-haven yen higher ahead of central bank meetings in the United States and Japan, while a fresh skid in oil dampened energy stocks on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent, consolidating after recently topping out at nine-month highs.

  • SAO PAULO, July 25- Latin American currencies and stocks ended mostly lower on Monday as traders avoided risky bets ahead of this week's U.S. Federal Reserve and Bank of Japan policy meetings. In Mexico, the stock index closed down 0.86 percent, partly driven by Grupo Mexico which saw a 3.21 percent drop in its share price after posting weaker second-quarter...

  • *William Hill jumps after receiving takeover bid. LONDON, July 25- Britain's top share index ended lower after hitting an 11- month high on Monday, with a fall in crude oil prices hurting energy stocks and weaker gold prices and negative company updates dragging down precious metals miners. "The FTSE is held back by oil majors taking a significant 25 points off the...

  • NEW YORK, July 25- Global equity markets edged lower on Monday as a 2 percent drop in crude prices weighed on investor sentiment and traders awaited signals of a potential interest rate increase this year from a meeting of Federal Reserve policymakers. Shares in Europe advanced in early trade but turned lower after Wall Street opened. "With stocks starting to...

  • meetings@ SAO PAULO, July 25- Latin American currencies and stocks fell on Monday as traders avoided risky bets ahead of this week's Federal Reserve and Bank of Japan policy meetings. Bank of Japan Governor Haruhiko Kuroda said on Saturday he would ease policy further if necessary. Shares of Petróleo Brasileiro SA also advanced after the state-controlled oil...

  • July 25- SunEdison Inc's unit TerraForm Power Inc said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company. TerraForm Power shares rose 6.7 percent to $13.34 in light premarket trading on Monday. TerraForm Power had 80 million Class A shares and 60.4 million Class B shares outstanding as of Oct. 31,...

  • STOCKHOLM, July 25- Swedish mobile telecoms gear maker Ericsson ousted Hans Vestberg as chief executive on Monday, a move led by major shareholders after months of criticism of Vestberg's leadership and pay. Chief Financial Officer Jan Frykhammar was named acting chief executive while the company searches for a successor to Vestberg, CEO since 2010, who...

  • The Kyoto- based gaming company, which is due to report first-quarter results this week, surprised markets with a statement on Friday that income garnered through its 32 percent stake in affiliate Pokemon Company, which owns the licensing rights, would be limited and that it did not plan to revise its earnings outlook for now. "The market has overreacted to the...

  • TOKYO, July 25- Shares of Nintendo Co tumbled as much as 18 percent early on Monday after the company said smash-hit mobile game Pokemon GO would have only a limited impact on its earnings. Nintendo said its affiliate Pokemon Co receives licensing and fees from the game's developer, Niantic Inc, and that profits at Nintendo from those revenues would be limited.