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  • *S&P tech sector worst performer on S&P 500. April 22- Disappointing earnings reports from Microsoft and other major companies pushed Wall Street lower on Friday, overshadowing a surge in oil prices which lifted energy shares. "Investors are looking for clarity on two major catalysts- earnings season and the Fed," said Adam Sarhan, chief executive of Sarhan...

  • *Bloomberg reported Safran considering whether to bid. PARIS, April 22- Shares in Zodiac Aerospace surged on Friday following a report of a potential bid from Safran that would shake up French aerospace, though a source close to Safran said it was "not on the agenda". Zodiac shares ended up 11 percent at 21.195 euros, valuing the Paris- based company at 5.8 billion...

  • Shares of Google's parent, Alphabet, dropped 5.9 percent to $733.81, a day after it missed Wall Street targets for first-quarter profit and revenue, and shares of General Electric also were down following results. A Bloomberg report that Japan's central bank might go further with negative interest rates caused the U.S. dollar to hit its highest level against...

  • *S&P tech sector worst performer on S&P 500. April 22- Wall Street was lower on Friday after a slew of disappointing earnings reports from Microsoft and other major companies eclipsed a surge in oil prices which boosted energy shares. "Investors are looking for clarity on two major catalysts- earnings season and the Fed," said Adam Sarhan, chief executive of Sarhan...

  • DETROIT, April 22- General Motors Co Chief Executive Mary Barra's compensation for 2015 rose 72 percent from the prior year as she guided the company to record profits, the company said on Friday. Her compensation included a one-time grant last June of stock that could be valued at $11.2 million, which is tied to the stock being at least $31.32 per share.

  • April 22- Shares of Dell Inc's cyber security unit SecureWorks Corp fell as much as 4.3 percent in their debut on Friday, valuing the company at a little over $1 billion. SecureWorks's initial public offering, the first by a technology company in the United States this year, was priced at $14, below its indicated range of $15.50- $17.50. SecureWorks shares opened at...

  • NEW YORK, April 22- General Electric Co reported a higher-than-expected quarterly profit on Friday, but a closely watched revenue measure declined, raising questions about the company's full-year target. "The oil and gas environment is challenging," Chief Executive Officer Jeff Immelt said in a statement. The company's shares were down 0.9 percent at $30.70 in...

  • The company forecast second-quarter revenue would grow 15 percent, plus or minus 3 percent, sequentially, which translates to $928.1 million to $985.5 million. AMD said on Thursday it signed a $293 million agreement to license its processor technology to a joint venture it formed with Tianjin Haiguang Advanced Technology Investment Co Ltd, an investment...

  • TORONTO, April 21- Canada's main stock index fell on Thursday as losses for financial and consumer shares offset gains for resource stocks and a jump in shares of a healthcare company on reported takeover interest. Comments by European Central Bank President Mario Draghi and weaker than expected earnings from two major U.S. companies weighed on sentiment,...

  • April 21- Starbucks Corp on Thursday reported cafe sales growth that fell short of Wall Street expectations in every region where it operates, sending shares down 4.9 percent. Net income rose to $575.1 million, or 39 cents per share, matching the average of analysts' profit estimates complied by Thomson Reuters I/B/E/S. Starbucks shares fell to $57.68 in...

  • April 21- Starbucks Corp on Thursday reported global cafe sales growth that fell just short of Wall Street expectations. Shares of the world's biggest coffee chain fell 4.9 percent to $57.85 after it said global sales at cafes open at least 13 months were up 6 percent for the second quarter ended March 27. Analysts had expected an overall same-cafe sales gain of...

  • April 21- Viacom Inc said on Thursday reached an agreement with Dish Network Corp, averting a blackout of its programs on the satellite TV network. News of the accord helped send Viacom's shares up over 9.7 percent in late morning trade, while Dish's stock firmed 0.6 percent. A blackout would have blocked Dish subscribers' access to Viacom shows such as "Broad City"...

  • The company, whose shares rose nearly 3 percent, also said it expected its planned merger with Ireland- based Tyco International Plc to close on Oct. 1 in a move that would lower its tax bill. Johnson Controls said it had a net loss of $530 million, or 82 cents per share, for the second quarter ended March 31, compared with a year-earlier profit of $529 million, or 80 cents...

  • *Transport Ministry officials raid facility in central Japan. TOKYO, April 21- Japanese officials raided a facility belonging to Mitsubishi Motors Corp on Thursday after the carmaker admitted to overstating the fuel efficiency of 625,000 cars, a revelation that has sent its shares into a tailspin. A spokeswoman for the company said the raid by members of...

  • The U.S. budget carrier, whose shares rose 4 percent in premarket trading, said it had earned $511 million in the first quarter, up from $453 million a year earlier. Excluding special items, the profit was 88 cents per share. "Solid bookings and revenue trends have continued," Southwest Chief Executive Officer Gary Kelly said in a news release.

  • STOCKHOLM, April 21- First quarter sales and profit for Swedish telecoms equipment maker Ericsson fell short of forecasts on Thursday, sending its shares more than 10 percent lower and lending added urgency to plans to reorganize its business. "We are not satisfied with our overall growth and profitability development over past years," Chief Executive Hans...

  • Mitsubishi Motors President Tetsuro Aikawa bows during a press conference on April 20, 2016 in Tokyo, Japan. Mitsubishi Motors share plunged more than 15% after the Japanese car maker announced it has mishandled the fuel economy test data.

    Anyone suffering deja vu while watching Mitsubishi's top execs admit the company cheated on fuel economy tests should not be surprised.

  • *China unveils measures to support exports. SHANGHAI, April 21- China stocks edged up on Thursday morning, recouping some of the previous day's losses after Beijing unveiled more measures to support the economy and as oil and commodity shares surged. Hong Kong stocks rose sharply, tracking global markets, with sentiment boosted by a jump in oil prices.

  • April 20- Abbott Laboratories Inc's chief executive said on Wednesday it would not be appropriate to comment on whether the company was committed to buying diagnostics company Alere Inc, fueling speculation the deal might not close. Alere's stock tumbled about 18 percent to $40.51 after Abbott Chief Executive Miles White, speaking on a post-earnings...

  • In this undated photo provided by the Wildlife Conservation Research Unit, Cecil the lion rests in Hwange National Park, in Hwange, Zimbabwe.

    Small changes by businesses and consumers can make a big difference in saving the lives of animals worldwide, Wayne Pacelle says.