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  • 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...

  • 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 5.7 percent to $93.81 in midday trading.

  • Shareholders of Potash Corp, the world's biggest crop nutrient company by capacity, will get 0.400 common shares of the combined company for each share held. Potash Corp shares were up slightly at $17.03 in premarket trading. After the deal closes, Potash Corp shareholders will own about 52 percent of the new company, with Agrium shareholders holding the rest.

  • SEOUL, Sept 12- Shares of tech giant Samsung Electronics Co Ltd fell to their lowest level in nearly two months on Monday, hurt by worries the fallout from a recall of its Galaxy Note 7 smartphone may deal a bigger blow than anticipated. Investors have wiped off 13 trillion won from Samsung's market capitalisation as of early Monday, with the firm's common shares...

  • SEOUL, Sept 12- Shares of tech giant Samsung Electronics Co Ltd fell to their lowest level in nearly two months on Monday, hurt by worries about the fallout from a recall of its Galaxy Note 7 smartphone. Samsung shares were down 5 percent as of 0014 GMT, touching the lowest since July 15, compared with a 1.6 percent fall for the broader market. Samsung voluntarily...

  • *North Korea nuclear test also weighs on markets. LONDON, Sept 9- European stock markets fell on Friday, weighed down by a drop in the shares of healthcare companies, while the latest nuclear test conducted by North Korea also rattled markets. World stock markets in general were also lower, with Asian markets falling after North Korea conducted its fifth nuclear...

  • LONDON, Sept 9- European stock markets fell on Friday, weighed down by a drop in the shares of healthcare companies, while the latest nuclear test conducted by North Korea also rattled markets. The pan-European STOXX 600 index was down 0.4 percent in early trading, adding to a pullback from the previous session after some investors expressed disappointment at...

  • SINGAPORE/ TOKYO, Sept 9- Asian shares extended losses on Friday following reports North Korea had conducted a nuclear test, while global stocks and bonds slid on uncertainty over the prospect of further easing from the European Central Bank after it left policy unchanged. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.6 percent after...

  • TOKYO, Sept 9- Asian shares slipped and global bonds came under pressure on Friday after the European Central Bank left markets in the dark on what future easing steps it may take, while oil prices jumped on an unexpected drawdown in U.S. stockpile. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent from Thursday's 13- month high,...

  • Sept 8- Apple weighed on the three major U.S. stock indexes on Thursday morning, a day after the tech giant unveiled the new iPhone 7 that failed to impress Wall Street. Shares of Apple fell 2.1 percent, their steepest decline since June 24 when the markets witnessed a broad selloff after the result of the Brexit vote. Investor reaction to an unexpected drop in weekly...

  • Sept 8- Twitter Inc Chief Executive Jack Dorsey is expected to be given a few more quarters to execute his turnaround plan and his management will not be questioned at Thursday's board meeting, CNBC reported, citing sources. The company's shares were down 4 percent at $19 in early trading on Thursday. Co-founder Jack Dorsey returned to the company as chief...

  • TORONTO, Sept 7- Canada's main stock index slipped on Wednesday as shares in some mining and telecom companies and a convenience store operator weighed, although rising energy stocks limited losses. The Toronto Stock Exchange's S&P/TSX composite index settled down 16.37 points, or 0.11 percent, at 14,796.65. "The index is still extremely resilient," said Elvis...

  • The ticker and trading information for St. Jude Medical is displayed where the stock is traded on the floor of the New York Stock Exchange

    St. Jude Medical on Wednesday filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings.

  • *Analysts see potential peak sales of $1 bln. *Co. plans to talk to FDA for accelerated approval. Retrophin- founded in 2008 by Martin Shkreli, who last year became a lightning rod for criticism of soaring drug prices- plans to discuss an expedited path for sparsentan with U.S. health regulators in the coming months, Chief Executive Stephen Aselage said.

  • TORONTO, Sept 7- Canada's main stock index slipped on Wednesday as mining shares pulled back, although rising railway stocks and gains for some energy companies limited losses. At 10:32 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was down 16.58 points, or 0.11 percent, at 14,796.44. New Gold Inc slumped 7.9 percent to C $6.68 after saying...