Boards have long shunned speaking with investors. Now, they are being pressed to open up. The NYT reports.» Read More
*STOXX Europe 600 Basic Resources index down 1.4 pct. *UK's FTSE 100 among the worst hit national indexes. The sector ended down 1.4 percent, led by UK- listed Rio Tinto, Anglo American and BHP Billiton, all down between 1.6 and 2.8 percent to ensure the UK's FTSE 100 was Europe's index laggard.
Feb 25- Visteon Corp, the auto parts maker, posted a stronger-than-expected quarterly profit on Tuesday and reaffirmed its forecasts for 2014, sending its shares up in morning trading. Net income surged to $513 million, or $10.32 a share, in the fourth quarter, compared with $39 million, or 74 cents a share, in the year earlier period.
Feb 25- Fifth& Pacific Cos Inc's revenue jumped 22 percent in the holiday quarter as its trendy kate spade handbags proved a hit with shoppers. Shares of Fifth& Pacific, which said earlier that it would change its name to Kate Spade& Co, will trade under the new "KATE" symbol from Wednesday on the New York Stock Exchange.
Feb 25- Office supply retailer Office Depot Inc reported a surprise quarterly loss as same-store retail sales fell 4 percent in North America, sending its shares reeling. Office Depot shares fell about 15 percent in premarket trading on Tuesday, while those of rival Staples Inc dropped 2.5 percent.
*Softbank gains on report it is seeking stake in Line Corp. TOKYO, Feb 25- The Nikkei average advanced to a 3-1/ 2- week peak on Tuesday after a rally in Wall Street shares to historic highs triggered short-covering in battered Japanese stocks.
Feb 24- Sina Corp's revenue soared 43 percent in the fourth quarter, as its Weibo messaging service more than doubled advertising sales despite strong competition from Tencent Holdings Ltd's WeChat. Still, shares of the Chinese company slid 3.4 percent after Sina's overall results barely beat Wall Street's expectations.
Feb 24- U.S. solar installer SolarCity Corp said it expects to install fewer panels in the first quarter, sending its shares down 6 percent after the bell. SolarCity said in October that it would acquire Zep Solar, a maker of mounting systems for residential solar panels, for about $158 million in stock. SolarCity shares were at $75.25 after market close on Monday.
The announcement, coupled with a report that auto maker Ford Motor Co plans to base its next-generation Sync system on BlackBerry's QNX operating system and no longer use Microsoft's Windows platform, helped send shares of BlackBerry up 8 percent in midday trading. Shares of BlackBerry rose 8.4 percent to $9.91 on Nasdaq following the news on Monday.
Radio frequency chipmakers RF Micro Devices will buy peer TriQuint Semiconductor for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers.
Feb 24- Radio frequency chipmakers RF Micro Devices Inc will buy peer TriQuint Semiconductor Inc for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers. TriQuint's shares jumped 29 percent in premarket trading to $11.9, above the implied offer price of $9.73.
*HSBC upbeat on emerging mkts but says 2014 may be volatile. LONDON, Feb 24- HSBC missed market expectations with a 9 percent increase in annual profit and warned of greater volatility in emerging markets this year, sending shares in Europe's biggest bank to a 15- month low.
NEW YORK, Feb 23- For U.S. stock investors, the main event will be Federal Reserve Chair Janet Yellen's return trip this week to Capitol Hill. Wall Street will hang on her every word about the weather, of all things, when she goes before the Senate Banking Committee to complete her semi-annual testimony about monetary policy.
Feb 21- Shares of Isis Pharmaceuticals reached a new high on Friday after the company said early trials of its experimental treatment for a rare spinal disorder showed that it increased muscle function in children and kept infants with the most severe form of the disease alive and off ventilators.
*Aegon gains 4 pct, Vodafone rises 1.7 pct. LONDON, Feb 21- European shares edged higher in cautious trading on Friday, with France's CAC 40 hitting a 5-1/ 2- year peak as investors took their lead from gains on Wall Street and in Asia after robust U.S. factory data.
*Vodafone rises 2.8 pct, top gainer. LONDON, Feb 21- European shares climbed higher on Friday, with France's CAC 40 hitting a 5-1/ 2- year peak, as investors took their lead from stronger equities on Wall Street and in Asia following robust U.S. factory data. France's CAC was up 0.1 percent after hitting a level not seen since 2008..
*Adjusted profit of $8.85 compares with analyst estimate of $8.29. Feb 20- Priceline.com, the online travel agency known for its name-your-own-price auctions, posted a higher-than-expected quarterly profit on Thursday, boosting shares in extended trading.
Feb 20- Daily deals website Groupon Inc forecast a surprise loss for the current quarter as it spends more on marketing, sending its shares down more than 13 percent in extended trading.
Feb 20- Coca-Cola Co said Chief Financial Officer Gary Fayard would retire in May after serving the company for more than 20 years. Coke's shares were up 0.72 percent at $37.37 on the New York Stock Exchange on Thursday.
TORONTO, Feb 20- Canadian coffee and doughnut chain Tim Hortons Inc reported weaker-than-expected results on Thursday, hurt by slowing growth, but its stock jumped as it hiked its dividend and made plans to buy back up to C $440 million in shares.
FRANKFURT, Feb 20- Shares in German travel group TUI AG dropped 5 percent on Thursday following the sale of a 15.7 percent stake by its second-largest shareholder, John Fredriksen, who had been pushing for a merger with London- listed TUI Travel.