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  • TOKYO, Feb 5- Japan's Nikkei share average fell on Thursday on news of the European Central Bank's hardline stance on Greek debt and fresh falls in oil prices, but Sony Corp soared after raising its outlook. The Nikkei share average ended 1 percent lower at 17,504.62. Sony shares surged 12 percent to post their biggest daily gain in two years after the electronics...

  • SHANGHAI, Feb 5- China stocks gained on Thursday after the central bank cut banks' reserve requirement ratio for the first time in over two years to tackle an economic slowdown and looming deflation. "People have been expecting an RRR cut, it's just they weren't sure exactly when it would happen," said Zhang Qi, a Shanghai- based analyst at Haitong Securities.

  • China shares up, but off highs, after after PBOC easing Wednesday, 4 Feb 2015 | 9:22 PM ET

    SHANGHAI, Feb 5- China stocks gained on Thursday morning after the central bank cut banks' reserve requirement ratio for the first time in over two years to tackle an economic slowdown and looming deflation. "People have been expecting an RRR cut, it's just they weren't sure exactly when it would happen," said Zhang Qi, a Shanghai- based analyst at Haitong Securities.

  • Feb 4- Allstate Corp, the largest publicly traded home and auto insurer in the United States, reported a higher-than-expected quarterly profit as it earned more premiums, and the company said it would buy back $3 billion in shares. Allstate's shares, however, fell 2.5 percent in extended trading after the company said claim frequency for auto insurances rose in...

  • Feb 4- Yum Brands Inc, owner of KFC and Pizza Hut, said on Wednesday that sales at established restaurants in its biggest market China fell less than feared in the fourth quarter as it fights to recover from a food scandal involving a minor supplier, and its shares jumped 2.1 percent. Same-restaurant sales in China, Yum's No. 1 market for revenue and profit, fell 16...

  • UPDATE 1-Keurig profit falls as brewer sales drop Wednesday, 4 Feb 2015 | 4:51 PM ET

    Feb 4- Keurig Green Mountain Inc, maker of the K-Cup single-serve coffee pod, reported a lower-than-expected quarterly profit as sales of its brewers fell in the all-important holiday season. Shares of Keurig Green Mountain, whose adjusted profit forecast for the second quarter also missed the average analyst estimate, fell 6.5 percent in extended trading.

  • NEW YORK, Feb 4- U.S. stocks ended a volatile session lower on Wednesday, as oil prices pulled back sharply following four days of gains, pressuring energy shares. Crude prices sank 7.9 percent, leading to a drop of 1.6 percent in the S&P energy index. The Dow was supported by Walt Disney Co, which rose 7.6 percent to $101.28 a day after reporting strong results.

  • Alibaba gains a foothold in the US Wednesday, 4 Feb 2015 | 2:24 PM ET
    Lending Club Founder and CEO Renaud Laplanche (L) teams up with Alibaba Group.

    Chinese e-commerce giant Alibaba and California-based LendingClub are teaming up to get more U.S. businesses to buy products from Chinese suppliers.

  • MEXICO CITY, Feb 4- Grupo Mexico's quarterly profit fell 24 percent on exchange rate and financing costs, the mining and transportation conglomerate said on Wednesday, but its share price surged 6 percent as investors cheered a possible rail unit offering. Grupo Mexico said fourth-quarter profit fell to $380 million from $500.67 million in the year-earlier...

  • Gilead drags healthcare shares down on drug price worries Wednesday, 4 Feb 2015 | 11:38 AM ET

    Feb 4- Healthcare shares plunged on Wednesday, lead by biotechnology stocks, after Gilead Sciences Inc said it gave health insurers steeper-than-expected discounts on its hepatitis C drugs, fueling worries that the broader sector would face increasing price pressure. Gilead weighed most heavily on the biotechnology sector with a 8.9 percent drop in its...

  • *Staples' shares fall over 10 pct, Office Depot's rise 1.5 pct. Feb 4- Staples Inc, the No. 1 U.S. office supplies retailer, agreed to buy No. 2 Office Depot Inc in a $6.3 billion deal designed to help it better compete against Wal-Mart Stores Inc and online rivals such as Amazon.com Inc.. "The same factors that the FTC cited in the Office Depot/ OfficeMax deal are present here,"...

  • Feb 4- Cognizant Technology Solutions Corp's fourth-quarter revenue rose more than expected and the IT services provider forecast a pick up in annual revenue growth as healthcare and financial services clients in North America boost spending. The company shares rose as much as 6 percent to a record high of $58.38 on Wednesday. Like its Indian rivals Tata...

  • Feb 4- U.S. health insurer Humana Inc reported a lower-than- expected fourth-quarter profit as it spent more on new hepatitis C treatments and flu season expenses increased, but it said those and other costs are behind it and predicted a better 2015.. Humana shares, which were off slightly before a company conference call began, rose 1.9 percent to $151.39 in...

  • DETROIT, Feb 4- General Motors Co on Wednesday posted fourth-quarter earnings far above analysts' expectations as strong sales of high-margin SUVs and trucks in North America helped offset record recall costs there, and its shares rose more than 4 percent. Net income rose to $1.1 billion, or 66 cents a share, from $900 million, or 57 cents a share, a year earlier.

  • US firms disavow their global reach: Jack Welch Wednesday, 4 Feb 2015 | 8:55 AM ET
    Jack Welch

    U.S. companies no longer want to be associated with big global operations because of the dollar, Jack Welch tells CNBC.

  • Ralph Lauren's quarterly profit falls 9.3 pct Wednesday, 4 Feb 2015 | 8:34 AM ET

    Feb 4- Ralph Lauren Corp reported a 9.3 percent drop in quarterly profit, hurt by a stronger dollar and lower-than-expected sales, sending its shares down 9.7 percent in premarket trading. The luxury fashion house said net income fell to $215 million, or $2.41 per share, in the third quarter ended Dec. 27, from $237 million, or $2.57 per share, a year earlier.

  • RIO DE JANEIRO, Feb 4- The chief executive and other senior management at Brazil's Petrobras resigned on Wednesday amid a festering corruption scandal, sending shares higher as the government scrambled to find replacements capable of restoring investor confidence in the state-run oil company. Petrobras shares rose more than 6 percent in early trading in...

  • Hong Kong shares gain on Greece hopes, higher oil price Wednesday, 4 Feb 2015 | 3:07 AM ET

    Feb 4- Hong Kong shares rose in line with most Asian markets, lifted by a rebound in the oil price and encouraging developments in Greece. The energy sector led gains in Hong Kong on Wednesday, sparked by the recent rally in oil prices. Among the most actively traded main board stocks were Chaoda Modern Agriculture Holdings Ltd, down 6.0 percent at HK $0.40; Unity...

  • AOL to lay off nearly 150, mostly in sales Friday, 30 Jan 2015 | 11:43 AM ET
    Tim Armstrong

    In an attempt to reorganize, AOL is expected to announce about 150 layoffs and website consolidation.

  • Why energy M&A hasn't hit critical mass Friday, 30 Jan 2015 | 7:51 AM ET
    Blair Effron, Centerview Partners, Partner and Co-Founder.

    Valuations for energy companies may not have fallen far enough to spark dealmaking, two analysts tell CNBC.