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  • NEW YORK, Jan 22- Calling it a play on falling U.S. gas prices, the portfolio manager of the one of the top-performing large-cap value funds over the last decade recently purchased slightly more than 1 million shares of Dunkin' Brands Group Inc, parent company of Dunkin' Donuts and Baskin-Robbins. Dunkin' Brands shares fell nearly 10 percent over two days after the...

  • Jan 22- Verizon Communications Inc said on Thursday that quarterly revenue rose 6.8 percent as it added more customers during the competitive holiday season but profit margins narrowed in its wireless business due to pricing and promotions. Shares in Verizon fell 2.5 percent to $47.06 on the New York Stock Exchange, while the S&P Telecom Services Sector fell...

  • Jan 22- United Continental Holdings Inc provided a bullish outlook for the coming year on Thursday in part because of lower fuel costs, sending shares up even though its fourth-quarter profit fell short of expectations. "That would be starting off the year on a very, very strong note," said CRT Capital Group analyst Michael Derchin, adding that he could not recall...

  • SAO PAULO, Jan 22- Preferred shares of Brazilian telecom Oi SA jumped over 20 percent in early Thursday trading in a sign of growing confidence that shareholders at merger partner Portugal Telecom SGPS would approve an asset sale later in the day.

  • European shares up for 6th day ahead of ECB decision Thursday, 22 Jan 2015 | 3:21 AM ET

    LONDON, Jan 22- European shares rose for a six straight day early on Thursday as investors bet on the size and shape of a sovereign bond-buying program the European Central Bank is expected to unveil later in the day. "At the moment we are pretty much flat," Markus Huber, a senior trader at Peregrine& Black, said. Among single stocks, Remy Cointreau rose nearly 2 percent...

  • Jan 22- Hong Kong shares rose a third consecutive day on Thursday, lifted by wide expectations the European Central Bank is about to roll out a stimulus programme to boost the euro zone's flagging economy. Among the most actively traded stocks on Hong Kong's main board were Landing International Development Ltd, down 1.6 percent at HK $0.30, Gome Electrical...

  • LONDON, Jan 22- Britain's Royal Mail said group revenue for the nine months to Dec. 28 rose 1 percent, marking a slowdown from the half year as an improved parcels performance was offset by fewer letters sales. Shares in Royal Mail, privatised amid much controversy in October 2013, have fallen 28 percent in the past year as its prospects have been hit by rising...

  • Jan 21- Memory chipmaker SanDisk Corp forecast current-quarter and full-year 2015 revenue well below Wall Street expectations, saying it would be unable to meet demand for flash memory storage chips until the mid-year, due to lean inventory levels. Shares of the company, which supplies memory chips for Apple Inc's iPhones, fell about 8 percent to $74.05 in...

  • Programmable chip maker Xilinx's profit falls 4 pct Wednesday, 21 Jan 2015 | 4:33 PM ET

    Jan 21- Programmable chip maker Xilinx Inc reported a 4.2 percent fall in quarterly profit, hurt by weak sales to broadcast and communications customers. Xilinx shares fell 5.2 percent to $39.35 in extended trading. Semiconductors made by Xilinx are sold off the shelf and can be programmed by customers to do specific tasks.

  • Tootsie Roll says 95-year-old CEO Melvin Gordon dies Wednesday, 21 Jan 2015 | 1:15 PM ET

    Jan 21- Candy maker Tootsie Roll Industries Inc said Chief Executive Melvin Gordon died at the age of 95 after brief illness, sparking speculation the company could be acquired. Tootsie Roll's shares rose as much as 8 percent to $33.28. The board named Gordon's wife Ellen Gordon, who is the company's chief operating officer, as CEO.

  • UnitedHealth profit beats on higher premium revenue Wednesday, 21 Jan 2015 | 7:58 AM ET
    UnitedHealth Group

    UnitedHealth, the largest U.S. health insurer, reported a better-than-expected fourth-quarter profit as premium income rose.

  • US STOCKS-Futures edge lower after weak IBM results Wednesday, 21 Jan 2015 | 7:24 AM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stock index futures edged lower on Wednesday as IBM fell after the company gave a tepid outlook, though other high-profile names like Netflix and UnitedHealth rose on their results. *Investors were also looking ahead to an upcoming European Central Bank meeting, at which new stimulative...

  • Jan 21- UnitedHealth Group Inc, the largest U.S. health insurer, reported a better-than-expected fourth-quarter profit as premium income rose. UnitedHealth's shares were up 2.2 percent in premarket trading. UnitedHealth also said it sees 2015 revenue at between $140.5 billion and $141.5 billion and net earnings in the range of $6 to $6.25 per share.

  • Jan 20- With plummeting oil prices expected to cut airlines' costs by billions of dollars, Delta Air Lines Inc said Tuesday that it will channel the savings toward debt reduction and returning more cash to shareholders. Delta's shares surged 7.3 percent, making it the biggest percentage gainer in the S&P500, while American Airlines Group Inc shares rose 5.9...

  • BOSTON, Jan 20- Fidelity's $110 Billion Contrafund has trimmed a roughly $7 billion stake in Google Inc because of portfolio manager Will Danoff's view that the stock faces a potentially choppy market over the short term. Contrafund is the largest U.S. mutual fund investor in Google's stock, which had been its top holding. But Google shares, down 11 percent over...

  • Jan 20- Apparel retailer Express Inc said it ended talks to be bought by private equity firm Sycamore Partners, its largest shareholder, due to unavailability of financing. Shares of Express, which was once a division of L Brands Inc, were down nearly 13 percent at $12.60 in premarket trading. Private equity firm Golden Gate Capital took Express private in 2007 and...

  • Express Inc ends deal talks with Sycamore Partners Tuesday, 20 Jan 2015 | 8:21 AM ET

    Jan 20- Apparel retailer Express Inc said it terminated talks to be bought by private equity firm Sycamore Partners, its largest shareholder. The company said talks ended due to the "unavailability of financing on commercially acceptable terms". Express's shares were down nearly 12 percent at $12.75 in premarket trading on Tuesday.

  • *Europe shares follow Asia higher after China data. *China Q4 growth 7.3 percent, beats forecasts. LONDON, Jan 20- Shares in Europe and Asia rose on Tuesday and the dollar strengthened after China said its economy had not slowed as much as many in markets had feared.

  • Analysts said Hong Kong investors were already in a selling mood, due to concerns about Europe, and the mainland tumble gave another reason for indexes to correct. Among the most actively traded stocks on Hong Kong's main board were Bank of China, down 5.9 percent at HK $4.18, CCT Land Holdings Ltd, unchanged at HK $0.02 and China Construction Bank, down 3.8 percent...

  • TOKYO, Jan 19- Japan's Nikkei share average rose on Monday after strong U.S. economic data buoyed sentiment and the weaker yen helped exporters such as Honda Motor Co, but Sharp Corp tumbled on a profit warning. The Nikkei rose 0.9 percent to 17,014.29, recovering from a 2-1/ 2- month low of 16,592.57 hit on Friday. But trading was thin, with only 2.040 billion shares...