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  • China Cinda shares surge ahead of Hong Kong debut Wednesday, 11 Dec 2013 | 4:14 AM ET

    HONG KONG, Dec 11- Shares in China Cinda Asset Management Co Ltd jumped as much as 17.3 percent in gray market trading on Wednesday, as retail investors who missed getting shares in this year's biggest Asia Pacific IPO bought the stock on the eve of its Hong Kong listing.

  • Dec 10- MasterCard Inc, the world's No.2 credit and debit card company, announced a 1- for-10 stock split and raised its quarterly dividend by 83 percent, sending its shares up 3 percent to their life-high in extended trading. MasterCard's shares have gained almost 60 percent this year as more people use cards for transactions across the world.

  • Dec 10- Avanir Pharmaceuticals Inc said its drug used for the treatment of central neuropathic pain in patients with multiple sclerosis failed in a mid-stage trial, sending its shares down 18 percent in extended trading. There was no difference between the treatment arms and placebo, the company said. Avanir's shares were down 53 cents at $3.76 after the bell.

  • MasterCard raises dividend by 83 pct, shares rise Tuesday, 10 Dec 2013 | 4:29 PM ET

    Dec 10- MasterCard Inc, the world's No.2 credit and debit card company, raised its quarterly dividend by 83 percent and announced a new $3.5 billion share buyback program, sending its shares up 3 percent in extended trading. The company, which also announced a 1- for-10 stock split, raised its quarterly dividend by 50 cents to $1.10 per share.

  • PARIS, Dec 10- European stocks inched higher on Tuesday but remained in a tight range as uncertainty over the timing of the U.S. Shares in Airbus parent EADS fell 1.6 percent, extending recent losses, as the European plane maker came under fire from shareholders France and Germany over plans to cut 5,800 jobs.

  • HONG KONG, Dec 10- Hong Kong shares slipped in weak turnover on Tuesday, as coal producers sank on fears of reduced demand after pollution levels climbed to hazardous levels in the mainland. The Hang Seng Index closed down 0.3 percent at 23,744.2 points, while the China Enterprises Index of the top offshore Chinese listings in Hong Kong shed 0.4 percent.

  • *China industrial output, retail sales, urban investment awaited. *China shippers rally on "special funds" for buying, scrapping vessels. *Coal sinks, environmental companies rise on China pollution.

  • Cerberus seeks equity investment for gun unit: WSJ Monday, 9 Dec 2013 | 1:08 PM ET
    Protesters on Monday in New York call on Cerberus Capital Management to divest its gun holdings.

    Cerberus seeks a $25 million equity investment for its gun business from an unnamed third party, The Wall Street Journal reported.

  • Barnes & Noble shares fall as SEC probes restatement Friday, 6 Dec 2013 | 12:34 PM ET

    Dec 6- Shares of Barnes& Noble Inc fell as much as 11 percent on Friday, a day after the U.S. Securities and Exchange Commission told the bookseller it had begun an investigation into a restatement of earnings announced on July 29.

  • Sears to spin off Lands' End business Friday, 6 Dec 2013 | 7:14 AM ET

    Sears Holdings said Friday that it will spin off its Lands' End clothing business as a separate company by distributing stock to the retailer's shareholders.

  • UPDATE 1-Kroger shares fall on cautious year-end view Thursday, 5 Dec 2013 | 11:16 AM ET

    Dec 5- Kroger Co, the biggest U.S. supermarket operator, on Thursday reported slightly lower-than-expected overall quarterly sales and joined other retailers in taking a cautious stance on the remainder of 2013, sending its shares down 4 percent.

  • *China Mobile outshines rivals after reported Apple iPhone deal. HONG KONG, Dec 5- China shares slipped from multi-week highs early on Thursday led by telecom equipment maker ZTE Corp as investors took profits after Beijing issued long-awaited 4 G licenses to China's three biggest mobile operators.

  • Dec 4- Apparel retailer Express Inc forecast current-quarter earnings below analysts' estimates, blaming weaker-than-expected Thanksgiving sales, sending its shares down 8 percent in premarket trading. The company said it expects a profit of 66- 71 cents per share for the fourth quarter ending Feb. 1, 2014.

  • HONG KONG, Dec 4- Hong Kong shares eased further away from a 31- month high on Wednesday, with risk sentiment hurt by renewed talk about a looming tapering of asset purchases by the U.S. MGM China jumped 4.8 percent after it displaced Melco Crown on Goldman Sachs' conviction buy list on greater potential share price gains.

  • *Amazon shares drop, with holiday shopping in focus. *Yum Brands stock falls after company says Nov China sales flat. Amazon.com Inc slipped 2 percent to $384.66 and was one of the biggest drags on the S&P 500. The S&P retail index shed 0.8 percent after the holiday shopping season got off to a tepid start.

  • *Tesla's stock jumps after Morgan Stanley names it a top pick. *Amazon.com shares down, with holiday shopping in focus. Shares of Ford Motor declined 3 percent to $16.54 while shares of General Motors were down 2.7 percent at $38.04 even as November auto sales for most companies exceeded expectations.

  • Dec 3- Shares of OncoMed Pharmaceuticals Inc soared almost 90 percent in premarket trading after the company said Celgene Corp would help it develop and market six of its experimental anti-cancer stem cell drugs. Celgene will also buy about $22.25 million of OncoMed's common stock for $15.13 per share, giving it a stake of about 5 percent in the company.

  • HONG KONG, Dec 3- Hong Kong shares relinquished their highest levels in more than 31 months on Thursday, as investors took profits on a Chinese financial sector that had been boosted a day earlier by signs that China could resume initial public listings next year.

  • *China steel buoyed by report of consolidation plans. HONG KONG, Dec 3- Hong Kong shares relinquished their highest levels in more than 31 months early on Tuesday as investors took profits on a Chinese financial sector that had been boosted a day earlier by signs that China could resume initial public listings next year.

  • SAO PAULO, Dec 2- Shares of Petroleo Brasileiro SA posted their biggest one-day loss in nearly 1-1/ 2 years on Monday after Brazil's state-run oil company announced a smaller-than-expected increase in fuel prices and withheld details of a new pricing policy.

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