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  • Jan 14- Chipotle Mexican Grill Inc's decision to suspend purchases from a pork producer that ran afoul of its animal welfare rules could bolster its reputation with diners but threatens sales and profits this quarter. Chipotle shares fell 0.6 percent to $709.74 on the New York Stock Exchange on Wednesday. Citing the risk of lost sales, Anderson cut his first...

  • UPDATE 1-Chipotle's pork plight could hurt Q1 results Wednesday, 14 Jan 2015 | 2:50 PM ET

    Jan 14- Chipotle Mexican Grill Inc's decision to suspend purchases from a pork producer that ran afoul of its animal welfare requirements could bolster its reputation with diners but threatens sales and profits this quarter, an analyst said on Wednesday. Chipotle shares were down 1.1 percent to $706.54 in midday trading on the New York Stock Exchange.

  • NEW YORK, Jan 14- U.S. and Brent crude futures rallied sharply on Wednesday, with U.S. crude up more than $3 a barrel, a day ahead of the Brent February contract's expiration and on the day that options for the U.S. contract expire, brokers and traders said. Brent February crude was up $2 at $48.59 a barrel at 2:36 p.m. EST, having reached $49.21 per barrel.

  • Jan 14- A former top executive of Steven Cohen's SAC Capital Advisors LP is close to launching a roughly $1 billion hedge fund in March, the Wall Street Journal reported. Solomon "Sol" Kumin, who was SAC's chief operating officer until January last year, has raised about $1 billion for his Folger Hill Asset Management LLC, the Journal said, citing a person familiar...

  • FRANKFURT, Jan 14- Deutsche Bank is considering splitting off its retail division and listing it on the stock exchange should German lawmakers approve measures forcing banks to isolate risky trading activities, a person with knowledge of the discussions said. Under this scenario, Deutsche would keep investment banking and asset management while floating...

  • Jan 13- The California Public Employees' Retirement System, America's largest public pension fund, announced on Tuesday that its finances improved significantly in the last fiscal year, mainly due to strong investment returns. In its 2014 Comprehensive Annual Financial Report, or CAFR, Calpers says it had an estimated funding level of 77 percent by June 30.

  • MONTREAL, Jan 13- Canada's second-largest pension fund will finance, develop and operate major infrastructure projects for the cash-strapped province of Quebec under a deal announced on Tuesday that highlights the appetite of such funds for long-term revenue generating assets. Caisse de depot et placement du Quebec, which manages funds for Quebec's...

  • MONTREAL, Jan 13- Quebec's largest pension fund said on Tuesday it struck a deal with the cash-strapped provincial government to finance, develop and operated major infrastructure projects, highlighting the appetite of such funds for unconventional assets.

  • *Oil importer Egypt outperforms; GB Auto soars again. Brent crude fell to its lowest level in almost six years and traded below $46 per barrel on Tuesday as the United Arab Emirates defended OPEC's decision not to cut output to tackle a glut in the market. "The markets fell very steeply in the fourth quarter and hence investors think there is value in this market," said...

  • NEW YORK, Jan 12- Pacific Investment Management Co has named Marc Seidner, chief investment officer for non-traditional strategies, lead portfolio manager of the Pimco Unconstrained Bond Fund, the firm said in a regulatory filing on Monday. However, the Pimco Unconstrained Bond Fund, which co-founder Bill Gross took over in December 2013 up until his stunning...

  • Jan 12- A group of hedge fund creditors of Caesars Entertainment Corp sought on Monday to force its main operating unit into bankruptcy and to appoint an independent examiner to investigate what they allege was the plundering of the company. The involuntary bankruptcy petition was filed by affiliates of Appaloosa Management, Oaktree Capital Management and...

  • LONDON, Jan 12- Hedge funds have raised the number of their bets on a rise in the price of Brent crude to the highest since July, data showed on Monday, as speculators position for a possible rebound in oil prices following a near 60 percent collapse. Funds and other large speculators have been adding to positions betting on higher prices since October, even as prices...

  • *Egypt's GB Auto soars on rights issue, investment plans. DUBAI, Jan 12- Gulf stock markets ran out of steam on Monday after several strong sessions as oil prices fell by more than $1 a barrel, although positive fourth-quarter corporate earnings supported individual stocks. Brent crude traded below $49 after analysts at Goldman Sachs cut their average forecast...

  • LONDON, Jan 12- Hedge funds have raised their bets on a rise in the price of Brent crude to the highest since July, data from ICE showed on Monday, as speculators position for a possible rebound in oil prices following the near 60 percent collapse in the last seven months. That is the biggest net long, or the difference between bets on rising and falling prices, since...

  • *Peugeot buoyed by broker upgrade. LONDON, Jan 12- European equities gained on Monday, led by rising healthcare stocks, after Shire agreed to buy NPS Pharmaceuticals for $5.2 billion and Roche also struck a deal. Chemicals shares also performed well after U.S. investment bank Citigroup upgraded several European chemicals companies, including BASF.

  • Jan 9- Citigroup Inc this week cut its bonus pool for fixed-income and equity market traders after market revenues plunged during the last two weeks of the year, according to a person familiar with the matter. The change in bonuses was announced internally on Wednesday by Citigroup co-President James Forese to trading executives and was reported on Friday...

  • Judge Victor Marrero of U.S. District Court in Manhattan wrote in an opinion that granting Stefan Buck a hearing in his absence while he remained in Switzerland would encourage others to flee prosecution. Buck, who was head of private banking at Zurich- based Bank Frey& Co, asked for a bail hearing in November in an unusual court filing through his New York lawyer.

  • Roughly two years after promising to donate his personal winnings from his controversial $1 billion bet against nutritional and weight-loss company Herbalife Ltd., the hedge fund titan is making good on the pledge with a $10 million donation to a scholarship charity, his foundation said. Herbalife stock closed 2015' s first week of trading down 12 percent at...

  • NEW YORK, Jan 9- The Janus Global Unconstrained Bond Fund, which Pimco co-founder Bill Gross started managing in October, attracted $176 million of inflows in December, down considerably from an estimated $770 million in the previous month, according to Morningstar data released on Friday. Janus Capital Group Inc drew overall inflows of $440 million in...

  • Vanguard execs issue warning on risks of deflation Friday, 9 Jan 2015 | 7:26 AM ET

    Executives at Vanguard Group warned that deflation is a real risk for the global economy while downplaying inflation concerns for the United States.