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  • *Pirelli rises after takeover bid from ChemChina. LONDON, March 23- European shares slipped from multi-year highs on Monday, with car stocks hurt by a rise in the euro and lingering worries over Greece leading investors to book profits. Traders said that lingering uncertainty over Greece was also pegging back European stock markets.

  • That was fast: Richard Fisher's new gig after Fed Monday, 23 Mar 2015 | 7:56 AM ET
    Richard Fisher

    Richard Fisher, who stepped down from the Fed on Thursday, is now serving on the board of this company.

  • European shares slip from 7-1/2 year high Monday, 23 Mar 2015 | 5:06 AM ET

    *Pirelli rises after takeover bid from ChemChina. PARIS, March 23- European shares slipped on Monday, taking a breather following recent sharp gains, while shares in Pirelli rose 3.5 percent after China National Chemical Corp agreed to buy the tyre maker in a 7.1 billion euro deal. The acquisition, agreed with Pirelli shareholders on Sunday, will see state-owned...

  • MUMBAI, March 23- Shares in India's Jindal Steel and Power Ltd were heading towards their biggest daily loss in almost two years on Monday, hit by concerns over the company's ability to feed its power plants after the rejection of its bids for three coal mines auctioned by the government. Stocks of the company, controlled by former lawmaker Naveen Jindal, fell as...

  • TOKYO, March 23- Japan's Nikkei share average rose to a fresh 15- year high on Monday, tracking gains in U.S. shares, while Eisai Co jumped 21 percent after a brokerage upgraded the stock, citing the effectiveness of its drug to treat Alzheimer's disease. The Nikkei ended 1.0 percent higher at 19,754.36 points, its highest closing level since April 2000.

  • *Eisai jumps 20 pct on Barclays' rating hike citing Alzheimer's drug hope. TOKYO, March 23- Japan's Nikkei share average rose to a fresh 15- year high on Monday, tracking gains in U.S. shares, while Eisai Co jumped over 20 percent after a brokerage upgraded the stock, citing the effectiveness of its drug to treat Alzheimer's disease. Eisai soared to a record high of...

  • MOSCOW, March 20- Russian businessman Filaret Galchev, who owns shares in Switzerland's Holcim via Eurocement Holding AG, declined to comment on Friday on the new terms of the firm's merger with France's Lafarge. Holcim and Lafarge have agreed new terms for their plan to create the world's biggest cement company, giving unhappy shareholders in the Swiss firm a...

  • US STOCKS-Wall St stock futures rise after pullback Friday, 20 Mar 2015 | 7:32 AM ET

    *Biogen Idec shares were up 3 percent at $447 in premarket trading after its experimental drug became the first Alzheimer's treatment to significantly slow cognitive decline and reduce brain plaque in patients with early and mild forms of the disease, according to a small study likely to reignite hopes of a treatment. *Tiffany& Co. shares were down 2.7 percent...

  • March 19- Shares of Yelp Inc fell more than 4.5 percent on Thursday after the trailer of a documentary posted on fund-raising website Kickstarter alleged that the consumer review website operator was extorting money from small businesses. The film, titled "Billion Dollar Bully", alleges that Yelp extorted money from restaurants and filtered out favorable...

  • March 19- Tesla Motors Inc will soon offer upgrades including hands-free steering on its Model S sedan, Chief Executive Officer Elon Musk said on Thursday, but the news did not help the electric carmaker's volatile shares which fell more than 2 percent. General Motors Co has said it plans to offer a similar set of hands-free driving features next year on its new...

  • MILAN, March 19- Shares in Pirelli jumped as much as 5 percent on Thursday after an Italian daily said the tyre maker was working on a revamp plan that includes taking an Asian partner, the launch of a buyout offer and the de-listing of the group. According to Corriere della Sera, Pirelli Chairman Marco Tronchetti Provera wants to bring on board an Asian shareholder...

  • UPDATE 2-Alibaba shares fall as lock-up period expires Wednesday, 18 Mar 2015 | 10:43 AM ET

    NEW YORK, March 18- Alibaba Group Holding Inc declined on Wednesday, as a six-month period prohibiting insiders from selling their shares expired, an event that many thought could expose the Chinese e-commerce giant's stock to more weakness. "Lock up expiration dates are fraught with selling," said Kim Forrest, senior equity research analyst, Fort Pitt Capital...

  • UPDATE 1-Goldman Sachs BDC shares fall in market debut Wednesday, 18 Mar 2015 | 10:16 AM ET

    March 18- Shares of Goldman Sachs BDC Inc, the first business development company backed by an investment bank to go public in the United States, fell 2.5 percent in their market debut. Credit Suisse Group AG's Credit Suisse Park View BDC is looking to raise $500 million in a non-traded IPO this year, according to a filing. Goldman Sachs BDC's portfolio ranges from...

  • Goldman Sachs BDC shares fall in debut Wednesday, 18 Mar 2015 | 9:41 AM ET

    March 18- Shares of Goldman Sachs BDC Inc, a business development company backed by Goldman Sachs Group Inc, fell 2.5 percent in their debut, valuing the company at about $690 million. The company raised about $120 million after its offering of 6 million shares was priced at $20 per share, the low end of the expected range of $20- $21. BofA Merrill Lynch, Goldman Sachs...

  • March 18- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reported a better-than-expected quarterly profit as sales rose in the United States after five straight quarters of decline. General Mills shares rose about 1 percent to $52.40 in premarket trading. General Mills, along with ConAgra Foods Inc and Campbell Soup Co, is...

  • *European shares follow Asia higher. *Brent crude dips towards $53 a barrel on supply. If we get that and a measured message on the dollar's impact on inflation then, given the slight retracement we have seen in the first half of this week, I think the dollar will do well, "said Michael Sneyd, a currency strategist with BNP Paribas in London.

  • *Nintendo, DeNA untraded with buy orders after tie-up news Nintendo- related shares soar on new console hopes. Nintendo shares were untraded at 0220 GMT, but looked set to rise by its daily limit of 21 percent to 17,080 yen as the stock was flooded with buy orders after it and DeNA Co said they will jointly develop game applications. CLSA raised Nintendo's rating to'...

  • March 17- Photoshop maker Adobe Systems Inc reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite and forecast a second-quarter profit that missed the average analyst estimate. The company forecast an adjusted profit of 41- 47 cents per share for the second quarter, below the average analyst estimate of 48 cents,...

  • SEATTLE, March 17- Oracle Corp posted flat third-quarter revenue and slightly lower profit as the U.S. dollar strengthened, but the business software maker on Tuesday raised its quarterly dividend 25 percent to 15 cents a share. Shares of Oracle, often a barometer for the technology sector, initially fell but quickly rose 3.3 percent in after-hours trading to...

  • UPDATE 1-Oracle revenue flat, hurt by strong dollar Tuesday, 17 Mar 2015 | 4:28 PM ET

    March 17- Oracle Corp reported flat revenue for its fiscal third-quarter on Tuesday, held back by the recent rise in the U.S. dollar, but increased its quarterly dividend 25 percent to 15 cents a share. Shares of Oracle, often a barometer for the technology sector, initially fell but quickly rose 0.8 percent in after-hours trading to $43.20. "Although currency...