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  • An Apple iPhone 5S with fingerprint technology security.

    The U.S. Justice Department wants Apple to help investigators extract data from twelve iPhones, the Wall Street Journal reported Tuesday.

  • Dry bulk ship owners will need to idle or demolish their ships to tide over excess capacity that has sent freight rate plunging.

  • Feb 22- Wearable fitness device maker Fitbit Inc forecast current-quarter profit way below Wall Street expectations, as the company invests heavily to market its new products, sending its shares down 15 percent in after-hours trading. Fitbit said on Monday it expects adjusted profit of break-even to 2 cents per share for the quarter ending March, lagging...

  • TORONTO, Feb 22- Canada's main stock index gained on Monday, as energy shares rose on a jump in oil prices and several major banks benefited from investor positioning ahead of quarterly earnings this week. Major oil sands operator Suncor Energy Inc gained 2.2 percent to C $33.57 and Canadian Natural Resources rose 2.9 percent to C $28.90. Toronto-Dominion Bank...

  • *Break above $1,790 in zinc to spur further buying. Investor buying lifted industrial metals along with oil and equity markets, including shares in China, the world's top consumer of metals. Three-month zinc on the London Metal Exchange climbed 2 percent to $1,778.50 a tonne by 1040 GMT, the strongest since Oct. 23, extending near 3 percent gains on Friday.

  • A worker grabs a nozzle at a PTT gas station in Bangkok, Thailand, January 5, 2016.

    The plunge in oil prices was supposed to help consumers by boosting their disposable incomes. Things aren't quite going according to plan.

  • Brazil@ SAO PAULO, Feb 19- The Colombian peso slid on Friday amid falling oil prices, while Brazil and Mexico's currencies posted gains. In Colombia, the currency weakened 0.44 percent to 3354.1 pesos per dollar. Brazilian stocks rebounded after dropping earlier in the day as oil prices resumed their decline, while shares of Santander Brasil SA slumped after...

  • TORONTO, Feb 19- Canada's main stock index fell on Friday, led by a drop in health care, energy and financial sector stocks, as crude oil prices tumbled and domestic retail sales disappointed. It included a 9.6 percent slide in the shares of Valeant Pharmaceuticals International Inc to C $117.00. Signs of weaker economic growth has joined uncertainty related to...

  • Feb 19- Yahoo Inc, under pressure from impatient investors, took steps on Friday to handle the possible sale of parts of the struggling Internet company. The step followed more than three years of effort by CEO Marissa Mayer to turn around Yahoo, focusing on mobile apps and trying to boost advertising revenue. Yahoo shares rose 2.26 percent to $30.09 in midday...

  • CALGARY, Alberta, Feb 19- Enbridge Inc, Canada's largest pipeline company, reported a higher-than-expected quarterly profit on Friday and said it will defer C $5 billion in spending from this year and next until 2018 due to project delays. Shares of Enbridge, whose customers have been hard hit by the collapse of crude oil prices, fell 1.1 percent to C $42.92 on the...

  • before cenbank meeting@ SAO PAULO, Feb 19- Brazilian stocks dropped on Friday as oil prices resumed their decline, while shares of Santander Brasil SA slumped after rival Citigroup Inc announced plans to exit retail banking operations in Brazil, Argentina and Colombia. Shares of BM&F Bovespa SA fell after Brazil's sole financial exchange posted an unexpected...

  • Japan has exhausted all options to stimulate growth and needs structural reforms, a senior official at OECD said Friday.

  • TOKYO, Feb 19- Asian shares slipped from near three-week highs hit earlier this month on Friday, as a rally in oil prices paused and investors remained cautious about the outlook of the global economy. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent while Japan's Nikkei dropped 1.5 percent. U.S. crude last traded at $30.56, off a...

  • Feb 18- Wall Street fell late on Thursday morning after a slump in Wal-Mart weighed on consumer stocks, oil prices retreated and sectors that drove the three-day rally gave up some gains. Wal-Mart slumped 4.4 percent to $63.23 after the retailer reported a lower quarterly profit and gave a lackluster sales outlook. Limiting the losses were shares of IBM, which...

  • *Quarter impacted by " FCC auction expense" of $516 mln. The No. 2 U.S. satellite TV provider after DirecTV said net income attributable to the company in 2015 fell about 21 percent from a year earlier to $747.1 million, or $1.61 per share. The company and its affiliates surrendered airwave licenses worth $3.3 billion to the U. S Federal Communications Commission in...

  • TORONTO, Feb 18- Canada's main stock index edged higher on Thursday, sustaining a six-week high, as consumer and telecom stocks made modest gains, while shares in energy companies pulled back despite a further rise in crude oil prices. The energy group retreated 0.7 percent, even as oil rose above $35 a barrel after Iran welcomed plans by Russia and Saudi Arabia to...

  • Wal-Mart slumped 4.7 percent to $63 after the retailer reported a decline in quarterly earnings and cut its full-year forecast. Limiting the losses were shares of IBM, which rose 4.4 percent to $131.71 after Morgan Stanley upgraded the stock to "overweight" and the company made another health-related acquisition. Crude oil prices, whose performance has been...

  • Analysts have said positive data from the trial would help Zafgen build a strong case to persuade the U.S. Food and Drug Administration to allow it to restart tests. "A subsequent lifting of the clinical hold... could send the stock near the $20 range," RBC Capital Markets analyst said in a note on Tuesday. The FDA asked Zafgen to halt all tests on beloranib in December...

  • Feb 18- Wal-Mart Stores Inc on Thursday reported a decline in quarterly earnings and a smaller-than-expected increase in sales at existing stores, sending its shares down more than 4 percent. Wal-Mart said net income fell 7.9 percent to $4.57 billion in the fourth quarter ended on Jan. 31 from a year earlier. Excluding special items, earnings of $1.49 per diluted...

  • Feb 18- Drugmaker Perrigo Co Plc reported lower-than-expeced quarterly profit, hurt by higher costs and disappointing performance in its branded consumer healthcare unit, sending its shares down 4 percent in premarket trading on Thursday. The company reported net loss of $107 million, or 74 cents per share, in the fourth quarter ended Dec. 31, compared with a...