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  • Valeant in talks to buy Salix Pharma - Bloomberg Tuesday, 3 Feb 2015 | 1:01 PM ET

    Feb 3- Canadian drugmaker Valeant Pharmaceuticals International Inc is in talks to buy Salix Pharmaceuticals Ltd, Bloomberg reported, citing people with knowledge of the matter. British drugmaker Shire Plc is also interested in Salix, the report said, citing sources. U.S.-listed shares of Valeant were down about 3 percent at $157.43 on the New York Stock...

  • Feb 3- U.S. miner Arch Coal Inc said it expected costs in the Powder River Basin and Appalachian regions to fall this year, helped partly by lower diesel prices and easing railroad snarls, sending its shares up as much as 13 percent. Arch Coal and its rivals have been hurt by weak demand for thermal coal as utilities have switched to cheap and abundantly available...

  • RIO DE JANEIRO, Feb 3- Shares of state-run oil company Petrobras jumped more than 12 percent on Tuesday after a local newspaper reported Brazilian President Dilma Rousseff has decided to replace the embattled company's chief executive officer. Petroleo Brasileiro SA, as Petrobras is formally known, declined to comment. Police say they have uncovered a...

  • Feb 3- Activist investor Mick McGuire has urged Lear Corp's chief executive to split the company's car seat and electrical parts businesses into two publicly traded companies, CNBC reported, citing a person familiar with the matter. Lear's shares were up 4.9 percent at $107.81 in late morning trading on the New York Stock Exchange. McGuire's hedge fund, Marcato...

  • Feb 3- Eaton Corp Plc, a maker of electrical and hydraulics systems, said Tuesday lower costs helped its quarterly profit beat estimates, sending its shares up 8 percent in morning trading. Net profit attributable to shareholders leapt 21 percent to $581 million, or $1.23 a share, from a year earlier. Excluding items, operating earnings of $1.27 per share topped...

  • DETROIT, Feb 3- AutoNation Inc, the largest U.S. auto dealer group, on Tuesday posted a higher-than-expected quarterly profit due to strong profit margins from new and used vehicle sales, driving its shares up nearly 8 percent. AutoNation Chief Executive Officer Mike Jackson said in an interview that low gasoline prices of about $2 a gallon, generous financing...

  • RIO DE JANEIRO, Feb 3- Shares of Brazilian state-run oil company Petrobras jumped more than 8 percent on Tuesday after a local newspaper reported that President Dilma Rousseff decided to replace the embattled company's chief executive officer, Maria das Gra├žas Foster. Petroleo Brasileiro SA, as Petrobras is formally known, did not immediately respond to...

  • *Q4 revenue $1.28 bln vs. est $1.21 bln. Feb 2- Miner Cliffs Natural Resources Inc reported a 26 percent jump in quarterly iron-ore sales volumes and lower production costs in the United States as it continued to cut jobs and related expenses. Cliffs Natural Resources shares rose as much as 11 percent to $7.70 in after-market trading.

  • Feb 2- Ardelyx Inc said chronic kidney disease patients treated with its kidney drug experienced higher-than-expected levels of diarrhea in a mid-stage study. The drug, Tenapanor, being co-developed with AstraZeneca PLC, however, met the main goal of "significantly" reducing phosphate levels in patients who were on dialysis. Ardelyx licensed the drug to...

  • Feb 2- Lululemon Athletica Inc founder Chip Wilson, a sometimes controversial figure who helped build the Canadian yogawear retailer into an international success story, said on Monday he was resigning from the company's board. "I believe that now is the right time to step away," Wilson said in a statement. Shares in Lululemon fell 1.4 percent at $65.34 on the...

  • *Seiko Epson, Konica Minolta dive after earnings. TOKYO, Feb 2- Japanese share prices fell on Monday after economic data from the U.S. and China cast shadows on the global economic outlook, while shares in two printer manufacturers tumbled after their earnings disappointed investors. Printer maker Seiko Epson fell 10.6 percent and rival Konica Minolta dropped...

  • 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.

  • Live near Starbucks? What it does to home values Thursday, 29 Jan 2015 | 2:28 PM ET
    A woman walks past a Starbucks cafe in New York.

    When a Starbucks location hits a neighborhood, home values rise, according to recent Zillow data.

  • Harley-Davidson earnings fall but edge forecasts Thursday, 29 Jan 2015 | 10:35 AM ET
    Harley-Davidson riders reveal Project LiveWire, the first electric Harley-Davidson motorcycle, last June in New York.

    Harley-Davidson's earnings slipped as a stronger U.S. dollar hurt the motorcycle maker's bottom line, which still topped analyst expectations.

  • UnitedHealth profit beats on higher premium revenue Wednesday, 21 Jan 2015 | 7:58 AM ET
    UnitedHealth Group

    UnitedHealth, the largest U.S. health insurer, reported a better-than-expected fourth-quarter profit as premium income rose.

  • Lennar profit beats on strong home sales Thursday, 15 Jan 2015 | 7:51 AM ET
    A sign advertising available homes is posted at a housing development in Dublin, California.

    Lennar reported a better-than-expected 50 percent jump in quarterly profit as it sold more homes at higher prices.

  • Another day, another milestone for Alibaba Tuesday, 13 Jan 2015 | 11:38 PM ET
    Alibaba IPO biggest, Alibaba shares, invest in Alibaba, is Alibaba a buy, Alibaba IPO,

    Reports that Alibaba may ink a deal to link the world's two fastest-growing e-commerce markets is a shot in the arm for its growth plan, analysts say.

  • SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 11:01 AM ET
    SanDisk iXpand

    SanDisk said it expects revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips.

  • Parr: What big bank breakups could look like Monday, 12 Jan 2015 | 9:05 AM ET
    Gary Parr, Vice Chairman Lazard.

    The banking industry could look different soon due to the high cost of being a big bank, Lazard's Gary Parr tells CNBC.