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  • Greenhill posts 4Q profit Wednesday, 28 Jan 2015 | 5:31 PM ET

    NEW YORK _ Greenhill& Co. on Wednesday reported fourth-quarter profit of $15.2 million. The bank, based in New York, said it had earnings of 51 cents per share. Keywords: Greenhill& Co., Earnings Report.

  • SL Green reports 4Q results Wednesday, 28 Jan 2015 | 5:31 PM ET

    NEW YORK _ SL Green Realty Corp. on Wednesday reported a key measure of profitability in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of $1.43 per share. Analysts expected $310.9 million, according to Zacks.

  • Fed nods to global troubles, while keeping faith in U.S. Wednesday, 28 Jan 2015 | 4:58 PM ET

    WASHINGTON, Jan 28- For months now Federal Reserve policymakers have watched the economic turmoil overseas, from Ebola to Russia to the ongoing travails of the euro, and largely held their tongue. That's the first time since January 2013 that an overt reference to overseas economic events has warranted a nod from the Federal Open Market Committee, and some...

  • NEW YORK, Jan 28- A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. The bank defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC...

  • WASHINGTON, Jan 28- The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. "The committee, in fact, was downright bullish on current economic conditions and the outlook," said Paul Edelstein, director of financial...

  • *Fed says to keep "patient" approach on rates. NEW YORK, Jan 28- U.S. stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector, after the Federal Reserve said the domestic economy was growing at a solid pace, signaling it remains on track to raise interest rates later this year. While many market participants said they were unsurprised by the...

  • GLOBAL MARKETS-U.S. bonds rally after Fed; stocks retreat Wednesday, 28 Jan 2015 | 4:40 PM ET

    *U.S. stocks end lower after Fed statement. NEW YORK, Jan 28- U.S. bond prices rallied, with the 30- year yield hitting a record low on Wednesday as investors bet U.S. rate hikes were less likely to start soon after the Federal Reserve said inflation was running below forecasts. Thirty-year bonds were last up 2-18/ 32 in price to yield 2.29 percent after setting a record...

  • NEW YORK— For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices. The world's biggest online social network said Wednesday it earned $701 million, or 25 cents per share, in the October-December quarter, up from...

  • NEW YORK— The U.S. stock market is slumping at the close as oil falls to its lowest level in nearly six years. The Dow Jones industrial average fell 195 points, or 1.1 percent, to close at 17,191 Wednesday, near its low point for the day. U.S. crude dipped $1.78 to close at $44.45 a barrel, its lowest level since March of 2009, after the Energy Department reported that...

  • TREASURIES-Prices jump on dovish view of Fed statement Wednesday, 28 Jan 2015 | 4:11 PM ET

    *Inflation linked bond yields fall. NEW YORK, Jan 28- U.S. Thirty-year bonds were last up 2-18/ 32 in price to yield 2.29 percent after touching a new low of 2.273 percent, according to Thomson Reuters data.

  • FOREX-Dollar holds gains, Fed remains patient on policy Wednesday, 28 Jan 2015 | 3:59 PM ET

    *Fed holds rates unchanged, repeats it is patient on policy. *New Zealand dollar drops to near four-year low. NEW YORK, Jan 28- The U.S. dollar strengthened on Wednesday in a broad advance that included gains against the euro and the Swiss franc, taking in stride the Federal Reserve's repeated message it remains "patient" in deciding when to raise interest rates.

  • NEW YORK— A Connecticut woman's claims that media outlets libeled her by refusing to delete stories about her arrest after charges were dismissed were rejected by a federal appeals court Wednesday. The ruling by the 2nd U.S. Circuit Court of Appeals in Manhattan pertained to the August 2010 arrest of Lorraine Martin. In an opinion written by Judge Richard...

  • NEW YORK, Jan 28- A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. The bank defendants are Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC...

  • *U.S. crude hits session low at $44.08, lowest since April 2009. NEW YORK, Jan 28- Oil slumped on Wednesday, with U.S. crude prices at near six-year lows, after the government reported record-high inventories in the United States that raised anxieties about the global oil glut that had pressured the market since last summer. It sank to as low as $44.08 before the close,...

  • *China's gold imports from Hong Kong fell in 2014. NEW YORK/ LONDON, Jan 28- Gold extended losses on Wednesday after the Federal Reserve said it will remain "patient" with regard to any interest rate increase decisions. "The removal of' considerable time' was balanced by the acknowledgement of the international situation and reiteration of patience," said Tai Wong,...

  • District Judge James Mahan in Las Vegas granted an SEC request that MRI International Inc and its owner, Edwin Fujinaga, be ordered to give up $544.4 million of illegal profit and interest, and to each pay a $20 million civil fine. But the SEC said the defendants ran an "extensive and egregious Ponzi scheme" in which they used new money to repay older investors, and...

  • NEW YORK, Jan 28- Wall Street stocks edged lower on Wednesday while the dollar rose as the Federal Reserve said growth in the U.S. economy was on track despite turmoil in other markets around the world, keeping it on pace to raise interest rates later this year. Concluding their first policy-setting meeting of the year, Fed officials looked past moves made by other...

  • US STOCKS-U.S. stocks give up gains after Fed statement Wednesday, 28 Jan 2015 | 2:36 PM ET

    NEW YORK, Jan 28- U.S. stocks fell slightly in volatile trading on Wednesday after the Federal Reserve said the U.S. economy is on track and it will remain "patient" in deciding when to raise interest rates. Concluding their first policy-setting meeting of the year, Fed officials looked past the urgent moves made by other central banks this month to boost their...

  • MARSHFIELD, Mass., Jan 28- Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, after a massive blizzard hammered New England. Notably absent was much of the 2 feet of snow that blanketed much of the Boston area, since for much of the storm, Ocean Street was under water because...

  • WASHINGTON, Jan 28- The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" as it largely looked through weakness overseas in a signal that it remains on track to raise interest rates later this year. The U.S. central bank repeated it would be "patient" in deciding when to raise benchmark borrowing costs from zero, where they have been...