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  • FOREX-Euro rises on upbeat business data, NZ dollar sags Thursday, 24 Jul 2014 | 10:35 AM ET

    NEW YORK, July 24- The euro rose on Thursday from an eight-month low versus the U.S. dollar on better-than-expected German and French business data, while the New Zealand dollar sank after that nation's central bank hinted it may pause in raising rates further.

  • July 24- Shares of radio station operator Townsquare Media LLC fell as much as 7 percent in their market debut, valuing the company at about $172 million. The Greenwich, Connecticut- based company's IPO raised about $91.3 million, after its offering of 8.3 million Class A shares was priced at $11, below its expected price range of $14- $16.

  • NEW YORK, July 24- U.S. Treasury debt prices fell on Thursday after data showed initial jobless claims in the world's largest economy dropped to their lowest in more than eight years, but losses may be limited by safe-haven buying given ongoing tensions in the Middle East and Ukraine.

  • July 24- Starwood Hotels& Resorts Worldwide Inc reported a higher-than-expected quarterly profit as an increase in global business travel drove occupancy and room rates. The operator of the Sheraton and Westin chain of hotels also raised its full-year profit forecast to $2.78- $2.85 per share from $2.76- $2.83.

  • Starwood Hotels 2Q profit rises 12 percent Thursday, 24 Jul 2014 | 6:48 AM ET

    The Stamford, Connecticut- based company said net income increased to $153 million, or 80 cents per share, from $137 million, or 71 cents per share, in the same quarter a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

  • FDA approves new painkiller from OxyContin maker Wednesday, 23 Jul 2014 | 5:45 PM ET

    FDA regulators approved the drug for daily, round-the-clock pain that does not respond to other medications. The FDA notes that Targiniq can still be abused by simply swallowing the tablets, the most frequent method of painkiller abuse. The FDA has been under intense public pressure to combat the national epidemic of prescription opioid abuse.

  • However, the report from the Generic Pharmaceutical Association said REMS have been used to prevent generic drugmakers from getting branded medicine to test their own versions, which is required to win FDA approval.

  • NEW HAVEN, Conn., July 23- A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a government program established after the 2008 financial crisis was sentenced on Wednesday to two years in prison.

  • NEW HAVEN, Conn., July 23- A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a government program established in response to the 2008 financial crisis was sentenced on Wednesday to two years in prison.

  • *To file criminal changes against Alstom imminently. David Green, who announced on Monday that the SFO would join U.S. prosecutors and regulators worldwide in investigating allegations of misconduct in the $5.3 trillion- per-day foreign exchange market, said he had "reasonable grounds" to suspect that an offence of serious or complex fraud was involved.

  • New Frontier Communications chief named in Conn. Wednesday, 23 Jul 2014 | 12:04 PM ET

    HARTFORD, Conn.— The new chief of Frontier Communications Corp. in Connecticut says the company will increase its broadband service on what previously had been AT&T's footprint in the state as landline telephone business continues to erode.

  • Fortune 500 firm Sealed Air moving HQ to Charlotte Wednesday, 23 Jul 2014 | 9:46 AM ET

    CHARLOTTE, N.C.— Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years.

  • Former trader gets 2 years in prison for fraud Wednesday, 23 Jul 2014 | 4:02 AM ET

    NEW HAVEN, Conn.— A federal judge sentenced a former Wall Street trader to two years in prison on Wednesday for securities fraud, saying he took advantage of a government bailout program. The judge also fined Jesse Litvak $1.75 million.

  • Beretta: Gun law forcing move out of Maryland Tuesday, 22 Jul 2014 | 5:53 PM ET

    ACCOKEEK, Md.— Beretta U.S.A. announced Tuesday that company concerns over a strict gun-control law enacted in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.

  • UPDATE 8-Oil slips as supplies flow despite conflicts Tuesday, 22 Jul 2014 | 4:09 PM ET

    NEW YORK, July 22- Brent and U.S. crude settled lower after a choppy trading session on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza. The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner.

  • NEW YORK, July 22- Brent and U.S. crude edged lower in choppy trading on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza.

  • Judge nixes lawsuit over Empire State Building IPO Tuesday, 22 Jul 2014 | 12:15 PM ET

    NEW YORK— Thousands of onetime investors in the Empire State Building can't sue over claims they were shortchanged by the deal that turned the iconic skyscraper into a public stock, a judge has ruled.

  • NEW YORK, July 22 (Reuters)- Brent crude oil futures edged higher in choppy trading on Tuesday, as traders searched for direction amidst political tensions in Ukraine and Gaza, and U.S. prices were supported by expectations of a drop in national stockpiles.

  • *U.S. accuses Russia of complicity in shooting down flight MH17. NEW YORK, July 21- Oil prices rose on Monday as the threat of escalating tension between Russia and the West over the crisis in Ukraine mounted, while August U.S. crude zoomed higher prior to its expiry.

  • Pennsylvania sees 3rd rating downgrade in 2 years Monday, 21 Jul 2014 | 3:36 PM ET

    HARRISBURG, Pa.— Pennsylvania received its third bond downgrade in two years Monday, after Gov.