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  • Jan 13- Hong Kong stocks rebounded on Friday to cap a three-week winning streak, helped by strength in the energy sector and heavyweight China Vanke Co Ltd, the mainland's second largest developer. The benchmark Hang Seng index added 0.5 percent, to 22,937.38 points, hitting a 2-1/ 2- month closing high, while the Hong Kong China Enterprises Index gained 0.7...

  • TOKYO, Jan 13- Asian shares dipped on Friday but were on track for weekly gains while the dollar was poised for a losing week, with investors disappointed that President-elect Donald Trump failed to elaborate on stimulus plans at a news conference two days ago. Investors largely shrugged off trade data from China. As the world's largest trading nation, China...

  • TOKYO, Jan 13- Asian shares dipped on Friday but were on track for weekly gains while the dollar was poised for a losing week, with investors disappointed that President-elect Donald Trump failed to elaborate on stimulus plans at a news conference two days ago. Investors largely shrugged off trade data from China. As the world's largest trading nation, China...

  • TOKYO, Jan 13- Asian shares dipped on Friday but was on track for weekly gains while the dollar was poised for a losing week, with investors disappointed that President-elect Donald Trump failed to elaborate on stimulus plans at a news conference two days ago. Investors largely shrugged off trade data from China. As the world's largest trading nation, China could...

  • TOKYO, Jan 13- Shares in Takata Corp jumped 16 percent on Friday after sources said the beleaguered air bag maker will plead guilty to criminal wrongdoing as part of a $1 billion settlement with U.S. authorities. The settlement includes a $25 million criminal fine, $125 million in victim compensation and $850 million to compensate automakers who have suffered...

  • Shares of Pandora were up 6.8 percent at $12.81 in extended trading. Shares of Pandora, which is expected to report its fourth-quarter results on Feb 17, are down almost 70 percent from their all-time high in March 2014. The company said revenue would exceed its previous forecast of $362 million to $374 million.

  • SAO PAULO, Jan 12- Mexico's peso strengthened on Thursday, rebounding from a fresh historic low hit in the previous session after President-elect Donald Trump warned U.S. auto companies would face a high tax for products made south of the border. Mexico's stock exchange also gained 0.28 percent, helped by a rise in shares in miner Grupo Mexico and cement company...

  • Jan 12- Music streaming service Pandora Media Inc said it would reduce about 7 percent of its U.S.-based workforce and also expects to surpass its previous fourth-quarter revenue forecast. Shares of Pandora were up 6.8 at $12.81 in extended trading. The company, which in October forecast fourth-quarter revenue in the range of $362 million to $374 million, said...

  • TORONTO, Jan 12- Canada's Shaw Communications Inc posted a sharp fall in quarterly profit on Thursday, mostly due to the cost of shutting down a video streaming joint venture, while its shares fell on worries about slower wireless growth. Brad Shaw, the company's chief executive, said the company had purposefully slowed down in wireless in the quarter as it...

  • Jan 12- Elliott Associates LP, a unit of activist hedge fund Elliott Management Corp, disclosed an 8.3 percent stake in healthcare technology provider Advisory Board Co, saying the company's stock was "significantly undervalued." The company's shares were up 6.22 percent at $38.40 in premarket trading on Thursday. Elliott Associates said in a regulatory...

  • *Europe's healthcare sector bruised by Trump drug prices barb. *Italy's UBI Banca extends gains on bank rescue news. Europe's healthcare sector index dropped 2.2 percent, the biggest sectoral faller, and headed for its biggest loss since November.

  • The pan-European STOXX 600 index was up 0.2 percent, while blue-chip FTSE 100 hit a record high of 7,289.79, up 0.2 percent, and was headed for the best winning streak in its history. "The FTSE has not exploded higher, it has inched higher," said Michael Hewson, CMC Markets analyst. "UK supermarkets seem to be in rude health following bullish statements from both...

  • Chipotle shares were up 5 percent at $414.85 after the Denver- based company said same-store sales for December surged 14.7 percent, compared with a 30 percent drop the year earlier. Still, shares in the chain remain far below their all-time peak of nearly $750 hit in summer 2015 as the company works to fix customer service issues and other operational...

  • TORONTO, Jan 10- Canada's benchmark stock index rose on Tuesday, led by the financial and materials groups as metal prices rose, while shares of drugmaker Valeant Pharmaceuticals International Inc surged as it sold assets. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 37.33 points, or 0.24 percent, at 15,426.28.

  • Jan 10- Shares of Illumina Inc rose 16 percent on Tuesday, after the company unveiled new technology, which is expected to eventually reduce the cost of sequencing to $100 per human genome, prompting a slew of price target increases. It took government-funded scientists $3 billion and 13 years to sequence the first human genome by 2003.. In the way that Illumina's...

  • TORONTO, Jan 10- Canada's benchmark stock index rose in morning trade on Tuesday as materials stocks gained with higher commodity prices and drugmaker Valeant Pharmaceuticals International Inc surged as it sold assets. Shares in Valeant rose 9.1 percent to C $22.14 after the drugmaker said it is selling its Dendreon cancer business and three skincare...

  • Jan 10- The S&P 500 and the Nasdaq were flat on Tuesday morning, while Goldman Sachs led the Dow lower, as investors await the earnings season to test if Wall Street's record levels are justified by corporate earnings in the fourth quarter. Goldman Sachs fell 1.4 percent after Citigroup downgraded the stock, a move that comes ahead of reports by JPMorgan, Bank of...

  • SAO PAULO, Jan 10- Brazilian stocks rose on Tuesday as hopes that China would further cut steel output lifted shares of miners and steelmakers for a second day. The official Xinhua news agency reported on Sunday that Hebei province, which accounts for about a quarter of China's total steel output, plans to slash 31.86 million tonnes of steel and ironmaking...

  • TORONTO, Jan 10- Canada's main stock index rose on Tuesday, helped by gains for the materials group and a jump in the shares of Valeant Pharmaceuticals International as the drugmaker sells assets. The Toronto Stock Exchange's S&P/TSX composite index was up 41.49 points, or 0.27 percent, at 15,430,44, shortly after the open. Eight of the index's 10 main groups were...

  • Chipotle's shares rose 4.5 percent to $413 in premarket trading on Tuesday. The company estimated a profit of 50- 58 cents per share for the quarter, widely missing the average analyst estimate of 96 cents. The company estimated sales of $1.04 billion, below the average analyst estimate of $1.05 billion, according to Thomson Reuters I/B/E/S.