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  • *Treasury to sell $23 billion 10- year notes. Treasury yields increased on Wednesday as stock markets stabilized, reducing demand for safe haven debt, and before the United States is due to sell $23 billion in new 10- year notes. "The Treasury market is off a little bit because European equities and domestic equities caught a stabilizing bid of some sort ahead of...

  • GREENWICH, Conn. _ Fifth Street Senior Floating Rate Corp. on Tuesday reported a fiscal first-quarter loss of $13.3 million, after reporting a profit in the same period a year earlier. Fifth Street Senior Floating Rate shares have dropped 16 percent since the beginning of the year. Keywords: Fifth Street Senior Floating Rate, Earnings Report.

  • Feb 9- Closely followed oil bull Andy Hall said his Astenbeck Capital Management lost 4 percent in January as weak global markets extended last year's gloom that cost the hedge fund its biggest- ever annual loss of 36 percent, according to monthly data from the fund. Assets under management at Connecticut- based Astenbeck declined by about $100 million to $2...

  • Feb 9- U.S. stock indexes were set to open lower on Tuesday, as cautious investors doubled down on safer assets amid increasing concerns of a sustained slowdown in global economic growth. Gold prices steadied near seven-month highs, while yields on Japan's 10- year government bond slipped into negative territory for the first time ever. Japan's Nikkei...

  • *Gold prices steadied near seven-month highs, while yields on Japan's 10- year government bond slipped into negative territory for the first time ever on Tuesday. * "There is a high probability of a further correction in equity prices, led by banking and energy stocks," said Lorne Baring, managing director of B Capital Wealth Management, adding that looming...

  • Feb 9- Prominent oil bull Andy Hall said his Astenbeck Capital Management lost 4 percent in January as tottering global markets extended last year's gloom that cost the hedge fund its biggest annual loss of 36 percent. The epicenter of January's market anxiety was China, and the U.S. The January loss caused assets under management at the Southport, Connecticut-...

  • Fifth Street Finance reports 1Q loss Tuesday, 9 Feb 2016 | 6:43 AM ET

    GREENWICH, Conn. _ Fifth Street Finance Corp. on Tuesday reported a loss of $62.9 million in its fiscal first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 18 cents per share. Fifth Street Finance shares have declined 12 percent since the beginning of the year.

  • Genesee & Wyoming beats 4Q profit forecasts Tuesday, 9 Feb 2016 | 6:17 AM ET

    DARIEN, Conn. _ Genesee& Wyoming Inc. on Tuesday reported fourth-quarter net income of $84.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. Genesee& Wyoming shares have decreased slightly more than 1 percent since the beginning of the year.

  • The survey came after Sunday's meeting between Saudi Arabia's oil minister, Ali al-Naimi, and his Venezuelan counterpart produced no tangible signs that OPEC and non- OPEC suppliers were ready to meet to discuss the price slump in oil. U.S. crude settled below $30 a barrel, finishing down $1.20 at $29.69. "Everyone's fearing new builds in crude," said Donald Morton,...

  • NEW YORK, Feb 8- U.S. Treasuries have notably become a clear beneficiary of that risk-off tone, "said Justin Lederer, Treasury strategist at Cantor Fitzgerald in New York. Investors noted data showing that China's foreign reserves fell for a third consecutive month in January as the central bank dumped dollars to defend the yuan and stem capital outflows.

  • *S&P financial index falls about 3 pct. NEW YORK, Feb 8- Stock indexes worldwide tumbled on Monday, led by banking stocks in Europe and technology stocks on Wall Street on persisting fears of a global economic slowdown, while benchmark 10- year Treasury yields hit their lowest in a year on demand for assets deemed less risky. Wall Street continued Friday's...

  • NEW YORK, Feb 8- U.S. "Weakness in global equities is adding pressure on Treasuries," said Ian Lyngen, senior government bond strategist at CRT Capital in Stamford, Connecticut. Investors concerned about slowing growth noted data showing China's foreign reserves fell for a third consecutive month in January as the central bank dumped dollars to defend the yuan...

  • ALBANY, N.Y.— An upstate New York town that repeatedly found itself without power for days during a string of storms is planning a dramatic step by pulling its municipal buildings entirely off the electric grid. The decision by Nassau to rely on solar, wind, landfill gas and battery storage by 2020 puts the town of 5,000 near Albany on the leading edge of a national...

  • BOSTON— Tapping into Canadian hydropower is hardly a new concept in energy-starved New England. Among several plans yet to secure final approval are the $1.4 billion Northern Pass project, designed to bring 1,090 megawatts of Hydro- Quebec power through New Hampshire into southern New England and a 1,000- megawatt transmission line beneath Lake Champlain...

  • MARICOPA, Ariz.— A former president of a major aircraft manufacturer was one of the two people killed after their World War II-era plane crashed and burned near the town of Maricopa. Pilot Jeffrey Pino, 61, was formerly the president of Sikorsky Aircraft, a Connecticut- based aircraft manufacturer. The second victim was identified as 72- year-old Nickolas...

  • Dennis Hamilton, a former vice president of tax at Harman, was charged in a criminal complaint filed in New Haven, Connecticut, with securities fraud in connection with trades in the company's stock that prosecutors said netted him over $130,000. The U.S. Securities and Exchange Commission brought a related civil action over the non-public information that...

  • NEW YORK, Feb 5- Ray Dalio, founder of Bridgewater Associates LP, the world's largest hedge fund, said on Friday that a Wall Street Journal story about a dispute with his heir apparent, Greg Jensen, was overblown. The Wall Street Journal declined to comment. Dalio is chairman and co-chief investment officer of Bridgewater, which has $154 billion in assets under...

  • Dennis Hamilton, a vice president of tax at Harman, was charged in a criminal complaint filed in New Haven, Connecticut, with securities fraud in connection with trades in the company's stock that prosecutors said netted him over $130,000. The U.S. Securities and Exchange Commission filed a related civil lawsuit over the non-public information that the agency...

  • BEVERLY HILLS, Calif.— A Beverly Hills- based beauty school says it's closing all 56 of its campuses in five states after losing federal funding over allegations of misconduct. It shut facilities this week in California, Nevada, Utah, Kansas and Connecticut. School officials told the San Gabriel Valley Tribune that about 5,000 students and employees will receive...

  • NEW YORK, Feb 5- Two of the top executives at Bridgewater Associates LP, the world's largest hedge fund, want a dozen senior employees and stakeholders to vote on their character to help resolve an apparent dispute between them, the Wall Street Journal reported on Friday. Citing people familiar with the matter, it said Bridgewater founder Ray Dalio and his...