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  • Inovalon shares rise 23.9 in market debut Thursday, 12 Feb 2015 | 11:23 AM ET

    Feb 12- Class A shares of Inovalon Holdings Inc, a healthcare data analytics firm, rose as much as 23.9 percent in their market debut, valuing the company at about $4.83 billion. The company raised $600 million from the initial public offering of 22.2 million class A shares, making it the second biggest offering this year after Columbia Pipeline Partners LP raised...

  • HONG KONG, Feb 12- Hong Kong shares finished higher on Thursday as telecommunication shares jumped on speculation of industry consolidation. Shares of China Unicom Hong Kong Ltd and China Telecom Corp Ltd surged more than 5 percent at one point on rumours that they would merge, but both stocks gave up some of their gains after China's telecoms regulator denied...

  • Trading volume in Shanghai thin ahead of Lunar New Year. SHANGHAI, Feb 12- China stocks retreated early on Thursday despite fresh central bank moves to improve short-term liquidity, as investor confidence was not strong enough to extend a three-day winning streak for the main indexes. "In addition to easing policies we see today, there could be further cuts in...

  • Feb 11- Cybersecurity company FireEye Inc's quarterly revenue and profit beat market estimates as governments and businesses ramped up spending to protect their networks from increasingly sophisticated attacks. FireEye shares were up 7.2 percent at $38.26 in extended trading on Wednesday. FireEye was hired by No.2 U.S. insurer Anthem Inc last week when...

  • Feb 11- Panera Bread Co on Wednesday warned that 2015 earnings per share could decline as it works to speed up service at its popular bakery cafes, sending shares down 6 percent in extended trading. St. Louis- based Panera said it expects 2015 diluted earnings per share growth that is flat or possibly mid- to high-single digit percentage points lower from 2014' s...

  • Feb 11- Network equipment maker Cisco Systems Inc reported stronger-than-expected quarterly revenue and profit as demand for switching equipment and routers helped to make up for weak spending by the company's traditional telecom customers. Cisco, whose shares were up 1.5 percent in extended trading on Wednesday, has been trying to make a transition...

  • Feb 11- Semiconductor equipment maker Applied Materials Inc said new orders in its business that makes made-to-order chips fell in the first quarter due to weak demand for logic chips. Applied Materials' shares fell 3 percent to $23.53 in extended trading. Revenue in the unit, which accounts for about 60 percent of Applied Materials' total revenue, declined 2.6...

  • Feb 11- Cybersecurity company FireEye Inc's quarterly revenue beat market estimates as governments and businesses ramped up spending to protect their networks from increasingly sophisticated attacks. FireEye shares were up 6.5 percent at $38 in extended trading on Wednesday. FireEye forecast an adjusted loss of 49- 53 cents per share and revenue of $118...

  • SAN FRANCISCO, Feb 11- Nvidia Corp on Wednesday posted higher quarterly results that beat Wall Street expectations, sending its shares higher as the graphics chipmaker sought to sharpen its focus on high-end automobiles. Nvidia is trying to expand its graphics technology beyond the sluggish personal computer industry with its Tegra line of chips for mobile...

  • UPDATE 1-Whole Foods sales accelerate, shares rise Wednesday, 11 Feb 2015 | 4:50 PM ET

    Feb 11- Whole Foods Market Inc on Wednesday said same-store sales have accelerated, helped by stronger consumer confidence and shoppers' positive response to the upscale grocer's price cutting and its first national advertising campaign. Shares in the largest U.S. organic and natural food supermarket were up 2.1 percent in extended trading after the news...

  • Feb 11- Network equipment maker Cisco Systems Inc reported stronger-than-expected quarterly revenue and profit as demand for switching equipment and routers helped to make up for weak spending by the company's traditional telecom customers. Cisco, whose shares were up 1.5 percent in extended trading on Wednesday, has been trying to make a transition...

  • Feb 10- Akamai Technologies Inc reported quarterly revenue and profit above market estimates due to higher demand for both the company's security products and its services that speed up the delivery of video and data over the Internet. Shares of Akamai, whose customers include Microsoft Corp, Apple Inc and Nintendo Co, were up 2.9 percent at $64 in extended...

  • Shares of the maker of Meadow Gold and Dean's Milk were down 4.8 percent at $17.19 before the bell on Tuesday. The company forecast current-quarter adjusted earnings of 12- 22 cents per share, largely below the average analyst estimate of 22 cents per share, as it expects volumes to decline in "low-to-mid-single" digits. Net income attributable to the company was...

  • Feb 10- Molson Coors Brewing Co reported a lower-than-expected quarterly profit as beer sales fell and a strong dollar hurt overseas revenue, sending its shares down 2.4 percent in premarket trading. Net income attributable to Molson Coors fell to $94.1 million, or 50 cents per share, from $137.2 million, or 74 cents per share, a year earlier.

  • Feb 10- Starwood Hotels& Resorts Worldwide Inc reported an 83 percent jump in quarterly profit and said it would spin off its timeshare business to focus on its core hotels business. Regis and Sheraton brands of hotels rose 5 percent to $74.80, making them the top percentage gainer among S&P 500 constituents in premarket trading. The company's net income rose to...

  • ZURICH, Feb 10- UBS Group AG has warned about the impact on profit of the surging Swiss franc and negative interest rates, while also disclosing another tax investigation in the United States involving wealthy clients. Shares in UBS slid more than four percent to 15.42 francs by 1225 GMT, despite the bank trebling its dividend from the previous year and saying it...

  • TOKYO, Feb 10- Canon Inc plans to buy network video surveillance leader Axis AB for about 23.6 billion Swedish crowns, the biggest purchase ever for the Japanese company that is trying to expand beyond the shrinking camera market. At 1008 GMT, shares of Axis were up 48 percent at 336.70 crowns. The deal will make Canon a top player in the video surveillance market,...

  • JOHANNESBURG, Feb 10- South Africa's Kumba Iron Ore plans to cut jobs, production costs and capital spending to cope with expected weak prices of the commodity this year, it said on Tuesday, after reporting a fall in 2014 earnings. The Anglo American subsidiary, whose shares fell around 3 percent in early trading, said crude steel production was forecast to recover...

  • Feb 9- U.S. apparel retailers Urban Outfitters Inc and Aeropostale Inc reported better-than-expected quarterly sales after holiday sales in the United States rose the most since 2011.. Urban Outfitters shares rose 7.5 percent in extended trading, while Aeropostale's stock jumped 21.2 percent. Aeropostale's net sales fell 11 percent to $594.5 million in...

  • NEW YORK, Feb 9- Stock indexes worldwide slipped on Monday on fears of Greece leaving the euro zone and concerns over conflict in Ukraine, while oil prices surged after an optimistic demand forecast from OPEC. Tensions rose further on Monday after European Commission President Jean-Claude Juncker said Greeks should not expect the euro zone to accept the...