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  • *GoPro rallies as holiday outlook shines. *Abbvie shares rise after results, outlook. NEW YORK, Oct 31- The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its own package of U.S. economic incentives.

  • FOREX-Dollar underpinned by GDP, BOJ next in focus Thursday, 30 Oct 2014 | 7:22 PM ET

    SYDNEY, Oct 31- The dollar held at four-week highs against a basket of major currencies early on Friday, getting another boost from encouraging growth data a day after the Federal Reserve gave an upbeat assessment on the economy. The dollar index climbed as far as 86.491- a high last seen on Oct. 6- after U.S. gross domestic product grew at an annual pace of 3.5 percent...

  • UPDATE 1-FDA panel backs Daiichi's blood thinner Thursday, 30 Oct 2014 | 6:57 PM ET

    Oct 30- A panel of advisers to the U.S. Food and Drug Administration voted 9-1 in favor of approving Japanese drugmaker Daiichi Sankyo Co's blood thinner for use in some patients with atrial fibrillation. According to late-stage trial data submitted by Daiichi, the drug is as effective- and safer than- warfarin, an anticoagulant that has been on the market for more...

  • FDA panel backs Daiichi's blood thinner Thursday, 30 Oct 2014 | 4:36 PM ET

    Oct 30- A panel of advisers to the U.S. Food and Drug Administration voted 9-1 in favor of approving Japanese drugmaker Daiichi Sankyo Co's blood clot and stroke preventer for use in some patients with atrial fibrillation. The drug, edoxaban, is a once-daily anticoagulant that inhibits Factor Xa, a protein that plays a central role in blood-clotting.

  • Williams-Sonoma fined $700,000 for faulty shades Thursday, 30 Oct 2014 | 4:34 PM ET

    NEW YORK— Williams-Sonoma Inc. has agreed to pay a $700,000 fine after the government accused the home goods retailer of taking too long to report that its window shades posed a strangulation hazard to children. The Consumer Product Safety Commission says Williams-Sonoma knew in 2007 that kids were getting entangled in shades sold by its Potter Barn Kids...

  • NEW YORK, Oct 30- The dollar on Thursday extended recent gains to a 3-1/ 2- week high, boosted by unexpectedly strong third-quarter U.S. economic growth and a newly hawkish tone from the Federal Reserve. A U.S. Commerce Department report showed third-quarter gross domestic product grew by 3.5 percent versus the Reuters 3.0 percent mean forecast of economists.

  • WASHINGTON, Oct 30- Media General Inc has won U.S. antitrust approval to buy LIN Media LLC after agreeing to divest television stations in five markets, the Justice Department said on Thursday. To win government approval for the deal, the companies agreed to sell one station in Birmingham, Alabama, two in Savannah, Georgia, one near Alabama's border with Florida, one...

  • WASHINGTON, Oct 30- The U.S. government is suing baby food maker Gerber, owned by Nestle SA, alleging it advertised that its Good Start Gentle formula would reduce the risk of a baby developing allergies despite having no proof for the claim. The Federal Trade Commission, which filed the lawsuit on Wednesday, said Gerber put stickers on the baby food which said the...

  • Yellen: Awareness of economists' diversity needed Thursday, 30 Oct 2014 | 12:59 PM ET
    Federal Reserve Chair Janet Yellen delivers opening remarks at the National Summit on Diversity in the Economics Profession hosted by the Federal Reserve, Oct. 30, 2014, in Washington.

    Janet Yellen was speaking at a conference on diversity in the economics profession organized by the Fed and the American Economic Association.

  • WASHINGTON, Oct 30- The U.S. government is suing baby food maker Gerber, owned by Nestle SA, alleging it advertised that its Good Start Gentle formula would reduce the risk of a baby developing allergies despite having no proof for the claim. The Federal Trade Commission, which filed the lawsuit on Wednesday, said Gerber put stickers on the baby food which said the...

  • FDA OKs new AstraZeneca diabetes combo pill Thursday, 30 Oct 2014 | 11:05 AM ET

    WILMINGTON, Del.— AstraZeneca said Thursday it received U.S. approval for a new diabetes medication that combines its drug Farxiga with an older drug used to control blood sugar levels. Xigduo XR is already approved in Australia and the European Union. Shares of AstraZeneca PLC rose 49 cents to $72.02 in trading Thursday.

  • NEW YORK, Oct 30- The dollar on Thursday extended recent gains to a 3-1/ 2- week high, boosted by unexpectedly strong third-quarter U.S. economic growth and a newly hawkish tone from the Federal Reserve. A U.S. Commerce Department report showed third-quarter gross domestic product grew by 3.5 percent versus the Reuters 3.0 percent mean forecast of economists.

  • Yellen: Awareness of economists' diversity needed Thursday, 30 Oct 2014 | 9:30 AM ET

    WASHINGTON— Federal Reserve Chair Janet Yellen says she wants to raise awareness of the need for diversity among economists, with relatively few women and minorities still choosing to major in economics in college. Yellen, who is the first woman to head the central bank in its 100- year history, was speaking Thursday at a conference on diversity in the economics...

  • WASHINGTON, Oct 30- Federal Reserve Chair Janet Yellen did not comment on monetary policy or the economic outlook in remarks on Thursday prepared for a diversity conference at the central bank.

  • NEW YORK, Oct 30- U.S. stock index futures were slightly lower on Thursday as investors looked ahead to a report on economic growth and continued to digest recent comments from the Federal Reserve. *An advance read on third-quarter gross domestic product will be released at 8:30 a.m. and is seen showing economic growth slowed to 3 percent from 4.6 percent in the...

  • *Gold slides after Fed ends bond buying on hawkish note. LONDON, Oct 30- Gold prices slid towards $1,200 an ounce on Thursday, hitting their lowest in 3-1/ 2 weeks, after the Federal Reserve ended its bond-buying stimulus programme on an unexpectedly hawkish note. Spot gold fell as low as $1,201.21 an ounce and was down 0.5 percent at $1,206.40 an ounce at 1015 GMT.

  • LONDON, Oct 30- Brent crude oil fell below $87 a barrel on Thursday, pressured by a stronger dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since released that statement and that goes right across the commodities complex," said analyst Ben Le Brun at OptionsXpress, referring to the...

  • *Rate futures show chance of Fed hike in September 2015. LONDON, Oct 30- The dollar climbed to its highest in more than three weeks against a basket of currencies, buoyed by higher U.S. yields, after the Federal Reserve sounded less dovish on policy and more confident about the U.S. economic recovery. "The positive sentiment is likely to be reinforced by today's...

  • *Brazil shocks with interest-rate hike. TOKYO, Oct 30- The dollar stayed on the front foot on Thursday, setting a 3-1/ 2 week high against a basket of currencies after the Federal Reserve surprised markets with a more hawkish policy tone and signalled its confidence in the U.S. economic recovery. said Kengo Suzuki, chief forex strategist at Mizuho Securities.

  • SINGAPORE, Oct 30- Brent oil futures fell below $87 a barrel on Thursday, pressured by a stronger U.S. dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since FOMC released that statement and that goes right across the commodities complex," said Ben Le Brun, market analyst at...