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  • LONDON/ HELSINKI, Dec 18- Two of Europe's top three remaining telecommunications equipment companies, Nokia Networks and Alcatel-Lucent, have revived talks on a possible merger, Germany's Manager Magazin reported on Thursday, citing company sources. Shares in Alcatel rose 8 percent following the report. Alcatel-Lucent and Nokia have held on-again,...

  • Dec 17- Tetraphase Pharmaceuticals Inc said its antibiotic to treat complicated intra-abdominal infections was as effective as Merck& co Inc's ertapenem in a late-stage study. Tetraphase is also testing the drug against Johnson& Johnson's levofloxacin to treat complicated urinary tract infections in another late-stage study, the results of which are...

  • Online lender OnDeck Capital's shares soar in debut Wednesday, 17 Dec 2014 | 10:16 AM ET

    The company raised $200 million after its initial public offering was priced at $20 per share, well above the expected range of $16- $18. OnDeck Capital's shares opened at $26.50 on the New York Stock Exchange and touched a high of $27.33. Morgan Stanley, Merrill Lynch, Pierce, Fenner& Smith, JP Morgan Securities and Deutsche Bank Securities are among underwriters...

  • Dec 17- Catlin Group Ltd, operator of the biggest syndicate in the Lloyd's of London insurance market, said it received a takeover approach from XL Group Plc that valued the company at 2.53 billion pounds. Catlin's shares rose as much as 17 percent to a record high of 679.50 pence on the London Stock Exchange on Wednesday. The stock was the top percentage gainer on...

  • US STOCKS-Futures rise ahead of Fed decision Wednesday, 17 Dec 2014 | 7:47 AM ET

    *FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stock index futures rose on Wednesday, following three days of losses for major Wall Street indexes, ahead of the year's final statement from the U.S. *FedEx shares fell 2.8 percent in light premarket trading after the package delivery company posted quarterly results.

  • Dec 17- Pozen Inc said two versions of its experimental heart drug were rejected for the second time by the U.S. Food and Drug Administration, which cited deficiencies in the manufacturing plant of a supplier of an active ingredient. Pozen's shares fell 19 percent to $7.30 in premarket trading on Wednesday. The two drugs, PA8140 and PA32540, are being evaluated for...

  • HONG KONG, Dec 17- Hong Kong's main share index finished down slightly on Wednesday as a rally in financial firms failed to offset slumping service and information technology shares. Among the most actively traded stocks on Hong Kong's main board were AVIC International Holding HK Ltd, down 3.0 percent at HK $0.65, CCT Land Holdings Ltd, unchanged at HK $0.02 and...

  • Dec 16- Shares of Auspex Pharmaceuticals Inc soared about 60 percent on Tuesday after the drug developer said its product for treating chorea, or involuntary movement associated with Huntington's disease, met the main goal in a late-stage study. The shares jumped about to $40 in extended trading after closing at $25.09 on Nasdaq. The company said it was also...

  • NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied, and on bets the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. Adding to global concerns, data showed factory activity shrinking in China and euro zone business growth remaining weak. "Perhaps markets think the Fed will not be...

  • RUSSIA'S SBERBANK SHARES DOWN AROUND 17 PCT, MICEX INDEX UP 2.5 PCT.

  • **Chief Executive David Kay, Executive Chairman Nicholas Schorsch and Chief Operating Officer Lisa Beeson quit. **William Stanley appointed interim CEO. **RCS Capital Corp shares, which owns eight independent broker-dealers and whose top management is affiliated with Schorsch-owned enterprises, were down 9.6 pct at $10.68.

  • European shares slip again; CGG sinks 30 pct Monday, 15 Dec 2014 | 10:05 AM ET

    *CGG tumbles as Technip walks away. Shares in seismic oil and gas services group CGG were the top losers across Europe, plummeting 30 percent as rival Technip abandoned a takeover bid. Shares in Banca Monte dei Paschi di Siena fell 6.7 percent, hitting an all-time low on speculation it will need to raise capital to meet European Central Bank rules.

  • *Petsmart to be acquired by private equity consortium. NEW YORK, Dec 15- U.S. stocks were set to rise at the open on Monday, following the worst week for the S&P 500 in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/ 2- year low. Shares of pet supply retailer PetSmart rose 4.8 percent in premarket trading after it agreed to be...

  • Dec 15- Emerson Electric Co said it would sell its power transmission unit to Regal Beloit Corp, a maker of electric motors, for $1.44 billion as it streamlines its business. Regal Beloit's shares rose 6 percent premarket on Monday on the deal, the company's biggest acquisition. Regal Beloit was competing with ball bearings maker Timken Co, brake and clutch maker...

  • US STOCKS-Futures jump early as crude prices rebound Monday, 15 Dec 2014 | 7:39 AM ET

    *Petsmart to be acquired by private equity consortium. NEW YORK, Dec 15- U.S. stock index futures rose on Monday, following the worst week for the S&P 500 in more than two years, with investors focused on a rebound in crude oil prices which earlier hit a fresh 5-1/ 2- year low. *Shares of pet supply retailer PetSmart rose 4.2 percent in premarket trading after it agreed to...

  • TOKYO, Dec 15- Japanese stocks fell to their lowest in four weeks on Monday as oil prices tumbled to a new 5-1/ 2 year low, hitting Wall Street shares and stoking fears of weak global growth. Prime Minister Shinzo Abe's ruling coalition scored a landslide in Sunday's general election, as expected. Exporter shares suffered, with Toyota Motor Co and Mitsubishi Motors...

  • *KKR bought Fotolia stake for $150 mln- source. Dec 12- Shares in Photoshop maker Adobe Systems Inc soared to lifetime highs on Friday, a day after it announced plans to buy stock photography company Fotolia for $800 million and a quarterly jump in subscribers of Creative Cloud. The stock rose more than 10 percent, trading at $76.70 per share as of 1733 GMT as several...

  • *Repsol executives in Calgary for bid talks- source. MADRID, Dec 12- Spanish oil major Repsol SA is finalising an offer for Canada's Talisman Energy Inc and has sent executives to Calgary to step up talks, a source with knowledge of the matter said on Friday. Shares in the Calgary- based company, Canada's fifth-largest independent petroleum producer, rose 33.6...

  • Shares of big-data company Hortonworks jump in debut Friday, 12 Dec 2014 | 10:50 AM ET

    Dec 12- Shares of Hortonworks Inc, a big-data company spun off from Yahoo Inc, rose as much as 52 percent in their market debut, valuing the company at up to $1 billion. HortonWorks helps companies manage data through Hadoop, an open-source software that crunches massive amounts of data and is used by companies such as Facebook Inc, Twitter Inc and Amazon.com Inc..

  • Walgreen confirms Boots takeover in non-inversion deal Wednesday, 6 Aug 2014 | 6:21 AM ET
    A Walgreens store on June 19, 2012 in San Francisco, California.

    U.S. giant Walgreen announced a near-£6 billion ($10.1 billion) deal to buy the remaining stake in U.K. drugstore chain Alliance Boots.