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  • *Wall Street weighed down by banks, energy stocks. NEW YORK, Sept 16- A $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading most global stock indexes lower. Stocks fell as investors dumped shares of banks in North America and Europe after the U.S. Department of Justice told Deutsche Bank to pay $14 billion to...

  • NEW YORK— Intel said Friday that it sees signs of improving demand for personal computers, and the chipmaker now expects to make more revenue in the current quarter than it previously expected. Intel has been trying to grow other segments, such as its data center management unit. On Friday, Intel said it now expects third-quarter revenue of $15.6 billion, plus or...

  • Deutsche Bank plunged 9 percent Friday after saying it won't pay the $14 billion the U.S. government is asking for to settle claims over its handling of mortgage securities in the run-up to the 2008 financial crisis. JPMorgan Chase and Citigroup each lost 1 percent. Business software maker Oracle dropped 5 percent after its earnings fell short of analysts'...

  • A pedestrian crossing sign is seen at the Oracle Corp. campus in Redwood City, California, U.S.

    Oracle forecast lower-than-expected profit as growth in its cloud-based business fails to make up for weakness in its traditional software offerings.

  • FRANKFURT, Germany— Shares in Deutsche Bank AG plunged Friday after the revelation that the U.S. Department of Justice has proposed the bank pay $14 billion to settle civil claims over its handing of residential mortgage-backed securities. Deutsche's shares were down 8.1 percent at 12.04 euros in afternoon trading in Europe. German Finance Ministry...

  • *Q1 adj EPS $0.55 vs est $0.58. *Q1 rev $8.6 bln vs est $8.7 bln. *Sees Q2 adj EPS $0.59- $0.62 vs est $0.65.

  • NEW YORK— U.S. stocks changed course again Thursday and climbed as Apple led a big gain for technology companies and energy companies recovered some of their recent losses. Investors looked over a series of mixed economic reports as they sought clues about the Federal Reserve's intentions and the health of the economy. Karyn Cavanaugh, senior market...

  • TOKYO, Sept 15- Japanese trading house Mitsubishi Corp is planning to take a majority stake in Lawson Inc to make the Japanese convenient store operator a subsidiary, the companies said on Thursday. Shares in Lawson jumped 7 percent when they resumed trading following an earlier suspension on the Tokyo Stock Exchange early on Thursday. The company also...

  • Sept 14- Aerie Pharmaceuticals Inc said on Wednesday its eye drug met the main goal in a late stage study, sending its shares up 71 percent in extended trading. The company submitted a marketing application for Rhopressa- a once-daily eye drop to treat patients with glaucoma or ocular hypertension- to the U.S. Food and Drug Administration last week.

  • TORONTO, Sept 14- Canada's main stock index made a small gain in Wednesday morning trading as mining stocks rebounded, while a further slide in oil prices weighed on shares of energy companies. At 9:51 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was up 24.68 points, or 0.17 percent, at 14,373.78. CIBC raised its price target on the diversified...

  • LONDON, Sept 14- European shares rose in early deals on Wednesday, breaking a four-day losing streak as investors sought safe-haven assets after markets sold off globally on the back of concerns about the effectiveness of central bank policy. Sweden's Fingerprint Cards jumped 4.2 percent after SEB started its coverage of the stock with a "buy" rating, according...

  • SAO PAULO, Sept 13- Latin American stocks and currencies stumbled on Tuesday, weighed by a slump in crude prices and concerns over a possible U.S. interest rate increase this year. Shares of lenders Bradesco SA and Itaú Unibanco SA, as well as state-controlled oil company Petróleo Brasileiro SA, ranked among the biggest losers. Steel makers also fell sharply...

  • Sept 13- Pandora Media Inc said on Tuesday it had signed direct licensing deals with a number of music labels, including heavyweights Sony Music and Universal Music Group, beefing up its music collection to compete with Spotify and Apple Music. Shares of the music streaming company fell 1.3 percent to close at $14.10. The company had 78.1 million active users as...

  • TORONTO, Sept 13- Canada's main stock index fell more than 1 percent on Tuesday as slumping oil prices weighed on energy shares and heavyweight banking and mining stocks also lost ground. Pipeline companies were among the biggest drags, with Enbridge Inc falling 1.3 percent to C $58.02 and TransCanada Corp down 0.8 percent to C $61.07. At 9:50 a.m. EDT, the...

  • Sept 13- Pandora Media Inc said on Tuesday it had signed direct licensing deals with a number of music labels, including heavyweights Sony Music and Universal Music Group, beefing up its music collection to compete with Spotify and Apple Music. Shares of the music streaming company were up 4.3 percent at $14.90 in premarket trading. The company had 78.1 million...

  • LONDON, Sept 13- British online grocer Ocado. The stock fell as much as 10.8 percent after Chief Financial Officer Duncan Tatton-Brown also told reporters he would not be surprised if analysts trimmed their consensus earnings forecasts for 2016.. "As the market remains very competitive, we are seeing sustained and continuing margin pressure and there is...

  • TORONTO, Sept 12- Canada's main stock index rose on Monday, boosted by a surge in shares of Open Text Corp after the software company acquired a rival's assets, and by reduced bets on a Federal Reserve interest rate hike happening soon. The Toronto Stock Exchange's S&P/TSX composite index ended up 57.06 points, or 0.39 percent, at 14,597.06. Shares in Potash Corp and...

  • NEW YORK, Sept 12- Activist shareholder Starboard Value LP on Monday disclosed a 4.6 percent stake in Perrigo Co Plc and said the Dublin- based drugmaker must make immediate improvements to turn around its sagging stock price. Shares of Perrigo, whose market capitalization is around $13 billion, surged 7.3 percent to $95.15 in midday trading.

  • Sept 12- Solar panel installer SolarCity Corp, which is being bought by Tesla Motors Inc, on Monday said it had raised $305 million by selling the future cash flows for a portfolio of solar projects to a fund advised by billionaire investor George Soros' hedge fund. Shares of the company, which is backed by Tesla founder Elon Musk, were up 7.4 percent at $18.00 in...

  • Sept 12- Solar panel installer SolarCity Corp, which is being bought by Tesla Motors Inc, said it had raised $305 million in a cash equity transaction advised by billionaire investor George Soros' hedge fund. Shares of the company, which is backed by Tesla founder Elon Musk, were up 6.6 percent at $17.89 in afternoon trading on Monday. A private investment fund...