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  • UPDATE 1-Lumia sales boost Nokia Q4 results Thursday, 10 Jan 2013 | 9:15 AM ET

    HELSINKI, Jan 10- Nokia's mobile phone business achieved underlying profitability in the fourth quarter of last year, ahead of its earlier forecast, boosted by strong sales of its new Lumia smartphone.

  • UPDATE 1-Ford doubles dividend to seven-year high Thursday, 10 Jan 2013 | 9:22 AM ET

    Jan 10- Ford Motor Co doubled its quarterly dividend to 10 cents per share, its highest in seven years, on the back of strong sales in North America and a healthy balance sheet. Ford last paid a 10- cent dividend in May 2006. "We had thought that a dividend increase was likely but this announcement is larger than we expected," RBC Capital Markets analyst Joseph Spak said.

  • Jan 10- Hank Greenberg will not sue AIG over the company's decision not to join his lawsuit against the U.S. government, his lawyer said on Thursday. Greenberg, who was chief executive officer of American International Group Inc for decades, has sued the government over the insurer's 2008 rescue, alleging it was done on unfair terms that harmed shareholders.

  • Jan 10- Supervalu Inc, the No. 3 U.S. grocery store operator, plans to sell five retail grocery chains to an investor group led by Cerberus Capital Management LP, the company said on Thursday.

  • Jan 10- Supervalu Inc, the No. 3 U.S. grocery store operator, said on Thursday it plans to sell five retail grocery chains to an investor group led by Cerberus Capital Management LP. Supervalu also said it posted a quarterly profit.

  • Jan 10- Molycorp Inc said on Thursday that 2013 revenue and cash flows would be lower than expected due to sagging rare earth prices and a delay in achieving full commercial production at its Mountain Pass mine in California, and its shares fell 13 percent in premarket trading.

  • Data showed China's export growth rebounded sharply to a seven-month high in December, a strong finish to the year after seven straight quarters of slowdown, even as demand from Europe and the United States remained subdued.

  • UPDATE 1-Fisher Communications explores sale Thursday, 10 Jan 2013 | 8:15 AM ET

    *Delays annual shareholder meeting until June 9. Jan 10- TV station operator Fisher Communications Inc, under pressure from billionaire investor Mario Gabelli, said it is exploring strategic alternatives, including a sale. Fisher Communications, which has a market value of about $252.8 million, said it had retained Moelis& Company as financial adviser.

  • *Boeing says overcharging can lead to battery fire. *Boeing designed 787 to prevent overcharging, contain fires. DETROIT/ NEW YORK, Jan 9- An electrical fire on Boeing's new 787 Dreamliner is drawing renewed scrutiny for lithium-ion batteries, an increasingly important component in planes and hybrid cars.

  • *Saudi Arabia cuts oil output to just over 9 mln bpd. LONDON, Jan 10- Brent crude oil rose more than $1 to around $113 per barrel on Thursday after news of a sharp cut in Saudi oil production, an explosion in Yemen which halted most of the country's oil exports and following bullish Chinese trade data.

  • Molycorp expects lower-than-expected revenue for 2013 Thursday, 10 Jan 2013 | 7:22 AM ET

    Jan 10- Molycorp Inc said it expected lower-than-expected revenue and cash flow for 2013 due to lower rare-earth prices, sending its shares down 13 percent before the bell. The company said it was evaluating its capital needs for 2013 as it ramps up its rare-earth manufacturing complex in Mountain Pass, California.

  • UPDATE 2-Brent rises to $112 on stronger China data Thursday, 10 Jan 2013 | 2:28 AM ET

    SINGAPORE, Jan 10- Brent crude futures rose to $112 per barrel on Thursday after trade numbers from China beat expectations, sparking hopes that recovery in the world's second-biggest oil consumer will drive fuel demand higher.

  • Jan 8- Fuel additives maker Innospec Inc is looking to buy an oilfield specialty company for less than $300 million by the end of the first quarter, its top executive said.

  • SHANGHAI, Jan 10- Apple Inc's Chief Executive Tim Cook met with China Mobile's Chairman Xi Guohua on Thursday to discuss "matters of cooperation," a China Mobile spokesman said, raising hopes that a deal between the two tech giants may move forward. "In the morning, Apple's CEO Tim Cook visited China Mobile's headquarters.

  • UPDATE 2-MGM Macau casino gets government OK Wednesday, 9 Jan 2013 | 4:13 PM ET

    HONG KONG/ LOS ANGELES, Jan 9- A $2.5 billion Macau casino planned by MGM China Holdings Ltd, the Chinese arm of MGM Resorts International, received government approval on Wednesday, sending MGM China shares up sharply and boosting other casino companies with operations in the enclave.

  • Jan 9- Boeing Co rolled out the Dreamliner's chief engineer to try to quell concerns about the new jet following three mishaps in as many days, including an electrical fire that caused severe damage to a plane.

  • PRECIOUS-Gold hovers below $1,660/oz; eyes on ECB Wednesday, 9 Jan 2013 | 11:00 PM ET

    *Spot gold may retrace to $1,642.14/ oz- technicals. SINGAPORE, Jan 10- Gold was little changed on Thursday, with investors eying a key resistance level just above $1,660 an ounce and awaiting a rate decision by the European Central Bank at its policy meeting later in the day. Physical buying in Asia has helped support prices above $1,640 an ounce.

  • *Finnish producer Outokumpu likely to benefit the most. NEW YORK, Jan 8- A fire affecting output at a French Aperam stainless steel plant will benefit Outokumpu and other European producers and will put upward pressure on European prices in the next few months, market players said this week.

  • PERTH, Jan 10- U.S. crude futures edged higher in early Asian trading on Thursday, after data showing a large build in U.S. gasoline inventories sent prices lower on Wednesday. *U.S. crude for February delivery rose 3 cents to $93.18 a barrel by 0103 GMT.

  • WASHINGTON, Jan 10- More than five years after the housing market collapsed, the U.S. government's newly created consumer watchdog said Thursday it will force banks to verify a borrower's ability to repay loans to ward off the kind of loose lending that helped push the U.S. economy into recession.