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  • *Global Fashion Group sees valuation cut to 1 bln euros. BERLIN/ STOCKHOLM, April 28- Shares in German ecommerce investor Rocket Internet took another tumble on Thursday as concerns grew over the worth of its portfolio after a cut in the valuation of its online clothing sites operating in emerging markets. Rocket and co-investor Kinnevik said on Wednesday a new...

  • ATLANTA _ Coca-Cola Enterprises Inc. on Thursday reported first-quarter earnings of $66 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. Coca-Cola Enterprises shares have climbed 5.5 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 2.5...

  • RICHMOND, Va.— Altria, the owner of cigarette maker Philip Morris USA, said its first-quarter profit rose about 20 percent as it shipped more cigarettes and other tobacco products. Shares of Altria Group Inc. rose less than 1 percent before the stock market opened Thursday. In the three months ending March 31, Altria reported net income of $1.22 billion, or 62 cents...

  • LONDON, April 28- Emerging stocks were pulled in conflicting directions on Thursday, with Asian markets weighed down by lack of action from the Bank of Japan while stronger oil prices and a weaker dollar helped the Russian rouble. The Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action, sending the Tokyo...

  • DUBLIN _ Allegion PLC on Thursday reported first-quarter earnings of $57.7 million. Allegion expects full-year earnings in the range of $3.25 to $3.40 per share. Allegion shares have climbed slightly more than 1 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 2.5 percent.

  • *FTSE down around 1 pct. LONDON, April 28- Britain's top share index fell on Thursday after a sharp drop in Lloyds pulled financial stocks lower, while global equities were also dented by the Bank of Japan's unexpected move to snub further monetary stimulus. The FTSE was also hit after global stock markets in general were impacted by the Bank of Japan's decision to...

  • NEW YORK— The Latest on financial markets. Stocks lost ground on Wall Street as a rout in tech stocks deepened as the day went on. Apple sank 3 percent Thursday, its second big loss in a row, after billionaire investor Carl Icahn told CNBC he had sold his stake in the company.

  • NEW YORK— U.S. stocks took their biggest loss in three weeks on Thursday after a late sell-off. Tech stocks, which rose early on thanks to earnings gains from Facebook and PayPal, slumped after billionaire investor Carl Icahn disclosed that he'd sold his stake in Apple. Investors were surprised the Bank of Japan decided not to take further action to stimulate that...

  • LONDON _ Noble Corp. on Wednesday reported first-quarter earnings of $101.7 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share. Noble Corp. shares have increased 14 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 2.5 percent.

  • CHICAGO, April 27- U.S. corn and wheat futures fell on Wednesday, setting back from two days of gains on profit taking as speculators locked in gains on recent short-covering rallies, traders said. "The funds have gotten heavy long up here," said Mark Gold, managing partner with Top Third Ag Marketing in Chicago. Chicago Board of Trade soybeans for May delivery ended up...

  • *Apple, Twitter weigh on global tech stocks. NEW YORK, April 27- Disappointing results from Apple and Twitter hurt world technology stocks on Wednesday, while the U.S. dollar weakened ahead of a policy announcement by the Federal Reserve, pushing oil prices to 2016 highs. Wall Street was lower in early trading ahead of the Fed decision.

  • LONDON/ MILAN, April 27 (Reuters)- European shares edged higher on Wednesday helped by gains among utilities and energy stocks, while Greek equities lost ground after euro zone officials delayed a meeting on the country's bailout. Greece's benchmark ATG equity index fell 2.8 percent, making it the worst-performing market in the region. Utilities were also...

  • *Global Fashion Group sees valuation cut to 1 bln euros. STOCKHOLM/ FRANKFURT, April 27- Sweden's Kinnevik revealed a big drop in the value of Global Fashion Group, highlighting concerns over how much digital consumer businesses are worth and knocking shares in co-investor Rocket Internet. Kinnevik and Rocket disclosed a new funding round of 300 million euros...

  • LONDON, April 27 (Reuters)- European shares were little changed on Wednesday amid a mixed set of corporate earnings, while the Greek market underperformed after euro zone officials delayed a meeting on the country's bailout. Greece's benchmark ATG equity index fell 3.7 percent, making it the worst-performing market in the region. The Athens market fell after...

  • LONDON, April 27- Asian tech stocks led emerging equity losses on Wednesday, battered by a Wall Street selloff and signs of economic weakness, though firmer oil and expectations of a dovish U.S. MSCI's emerging equity index was flat after some of its biggest components- China, Taiwan and South Korea- closed in the red, with Hong Kong down 0.4 percent and the latter two...

  • *Apple, Twitter results weigh on tech stocks in Europe and Asia. LONDON, April 27- European shares followed Asia's lower on Wednesday, as technology stocks fell after worse-than expected results from Apple and Twitter, while a weaker dollar before a U.S. monetary policy decision kept oil close to 2016 highs. Japan's Nikkei index closed 0.4 percent lower and Taiwan...

  • LONDON, April 27- European stocks slipped on Wednesday, weighed down by some weak corporate earnings, while the Greek market underperformed after euro zone officials delayed a meeting on the country's bailout. Greece's benchmark ATG equity index fell 4 percent, making it the worst-performing market in the region. The Athens market fell following the...

  • PARIS— Lagging oil prices pushed first quarter profits down 40 percent at France's Total SA, though cuts in costs and investments cushioned the blow. The energy company on Wednesday announced net income of $1.6 billion in the quarter, down from $2.66 billion in the same period last year. Total sold off assets in the North Sea and announced a sale of its stake in...

  • Asian shares are mixed as investors await the outcome of a policy meeting by Japan's central bank that is expected to result in more stimulus for the world's third-largest economy. Japan's Nikkei 225 index gained 1.6 percent to 17,560.56 while Australia's S&P/ASX 200 was up 0.6 percent at 5,282.20. U.S. crude oil has lost 18 cents to $45.14 a barrel in...

  • NEW YORK— U.S. stocks rose Wednesday after the Federal Reserve left its key interest rate unchanged, as investors expected. Energy companies climbed again as the price of oil came close to a six-month high. But David Kelly, chief global strategist JPMorgan Chase, said that might be a problem because the Fed didn't make its intentions clear on Wednesday.