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  • WASHINGTON, Jan 28- Raytheon Co on Thursday reported better-than-expected fourth-quarter profit and forecast higher results for 2016, citing increasing demand from the Middle East, Asia and Europe for precision missiles and missile defense. Chief Executive Officer Tom Kennedy told analysts that lower oil prices were not hurting demand from the Middle...

  • NEW YORK, Jan 28- Crude oil prices rose on Thursday to their highest in three weeks on hopes for a pact among oil producers to cut output, while the dollar slipped on bets that interest rate hikes by the Federal Reserve would be more gradual than it has suggested. Wall Street indexes were mostly little changed after advancing earlier on a boost from the energy sector,...

  • LONDON, Jan 28- Gold fell by 1 percent on Thursday as Wall Street rose on the back of a rally in oil prices, with bullion investors quick to cash in gains from the Wednesday's rally to 12- week highs. U.S. stocks opened higher as oil rebounded on talk of a concerted response to low prices by Russia and OPEC producers, a day after the U.S. Spot gold was down 1 percent at...

  • MILAN, Jan 28- Concerns its updated business plan relies too heavily on a North American market near its peak sent shares in Fiat Chrysler Automobiles down more than 5 percent on Thursday. At 1145 GMT, Milan- listed Fiat Chrysler Automobiles shares were down 5.2 percent at 6.595 euros. FCA raised the financial targets of its turnaround plan on Wednesday, following...

  • *Oil stocks higher as crude steadies above $33. MILAN, Jan 28- European shares fell slightly in choppy trade on Thursday with losses limited by gains in oil stocks, while disappointing results from Roche weighed on the healthcare sector. Energy stocks were up 1.3 percent, making them the top sectoral gainer, as crude prices steadied above $33 per barrel, supported...

  • LONDON, Jan 28- Uncertainty over the future path U.S. interest rates weighed on European stocks on Thursday, while the resignation of Japan's economy minister impacted currency markets, sending the yen higher. Japanese Economy Minister Akira Amari said he would step down from his post to deal with allegations, which he denies, that he received bribes from a...

  • *China's main indexes have lost $2 trillion in 2016. *People's Daily says market ructions do not reflect economy. SHANGHAI, Jan 28- China's volatile shares tumbled again on Thursday, taking losses this month to about 25 percent or 13 trillion yuan, while state media insisted that the market ructions did not reflect the real economy.

  • *Europe markets expected to open lower. SYDNEY/ SINGAPORE, Jan 28- Asian shares rose slightly in choppy trade on Thursday as investors attempted to interpret the U.S. Europe looks set for a negative open, with financial spreadbetters expecting Britain's FTSE 100 Germany's DAX and France's CAC 40 to start the day about 0.7 percent lower.

  • MANILA, Jan 28- Gold edged down from 12- week highs on Thursday after the U.S. The less dovish tone of the Fed's statement helped boost the dollar against a basket of currencies and weighed on gold, which had gained on global uncertainties from China to Europe. U.S. gold for February delivery was up 0.2 percent at $1,118 per ounce, off a session high of $1,125.70.

  • LONDON— Concerns over the state of the global economic recovery following some cautious comments from the U.S. KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was down 1 percent at 5,935 while Germany's DAX fell 1.6 percent to 9,724. The CAC-40 in France was 1.2 percent lower at 4,329. U.S. stocks were set for an uninspiring open following...

  • *China's main indexes have lost $1.8 trillion in 2016. *People's Daily says market ructions do not reflect economy. SHANGHAI, Jan 28- China's volatile shares were lower again on Thursday, taking losses this month to about 23 percent or 12 trillion yuan, while state media insisted that the market ructions did not reflect the real economy.

  • *Asia shares draw buyers after recent falls. While Brent crude was off 23 cents at $32.87 a barrel, this followed a 4 percent jump on Wednesday after Russia hinted at co-operation with OPEC on oversupply. After starting weaker, MSCI's broadest index of Asia-Pacific shares outside Japan swung 0.4 percent firmer in very choppy trade.

  • *Asia shares fall after Wall St ends broadly weaker. SYDNEY, Jan 28- Asian share markets slipped on Thursday after a late selloff on Wall Street, as investors were concerned the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.5 percent in the wake of the Wall Street drop, while Australia's main index lost 0.6 percent.

  • *U.S. central bank holds rates steady. WASHINGTON, Jan 27- The U.S. Wall Street fell after the statement, with the Standard& Poor's 500 index closing down more than 1 percent.

  • *Fed holds rates unchanged, cites global, market developments. NEW YORK, Jan 27- Wall Street stocks and the dollar fell on Wednesday as the Federal Reserve held U.S. interest rates unchanged, as expected, and said it was closely monitoring global economic and financial developments. "The Fed did the right thing by not making any significant changes, if they did come...

  • *Fed holds rates unchanged, cites global, market developments. NEW YORK, Jan 27- Wall Street stocks and the dollar fell on Wednesday as the Federal Reserve held U.S. interest rates unchanged, as expected, and said it was closely monitoring global economic and financial developments. "I'd certainly say that the statement leans in the dovish side of neutral, they...

  • NEW YORK, Jan 27- Wall Street stocks turned lower on Wednesday and the dollar's losses deepened against a basket of currencies as the Federal Reserve held policy rates unchanged with eyes on recent market turmoil in global markets. Brent crude was last up 60 cents, or 1.89 percent, at $32.40 a barrel. U.S. crude was 24 cents, or 0.76 percent, higher at $31.69 per barrel.

  • NEW YORK— Shares of Hawaiian Airlines' parent rose sharply Wednesday after the carrier made bullish comments about travel demand. In a conference call with investors after the market closed Tuesday, CEO Mark Dunkerley said Hawaiian didn't experience the kind of temporary slump that some airlines saw in traffic to Europe after the Paris terror attacks in...

  • *Apple, Boeing drag down Wall Street. NEW YORK, Jan 27- Recovering oil prices helped global stock markets cut losses on Wednesday but investors remained cautious as they awaited clues from the U.S. "We seem to be at the mercy of the oil and commodity markets," said Luke Batholomew, fixed income manager at Aberdeen Asset Management in London.

  • Stock market skids after cautious comments from the Fed Wednesday, 27 Jan 2016 | 10:35 AM ET

    NEW YORK— Stocks sank Wednesday after the Federal Reserve gave a cautious assessment of the global economy and said growth in the U.S. has slowed down. The statement from the Fed smothered a small rally in stocks earlier in the day. In addition to lowering its view of the U.S. economy, the Fed didn't say if it will respond to those and other concerns by slowing down its...