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  • *Netflix rallies after results, SanDisk lower. April 16- U.S. stocks edged lower on Thursday as corporate results showed little organic growth even as they largely beat profit expectations. While Netflix surged following blockbuster results, curbing the decline on the S&P 500 and Nasdaq, shares of SanDisk slumped following a weak revenue outlook that added to...

  • JOHANNESBURG, April 16- South African investment house Brait SE is to pay $1 billion for a controlling stake in gym group Virgin Active, Brait said on Thursday, seeking to tap the growing health-conscious middle classes particularly in Africa and Asia. The fitness chain, jointly owned by the Virgin Group of entrepreneur Richard Branson and buyout firm CVC...

  • US STOCKS-Wall St dips, but Netflix surge supports Nasdaq Thursday, 16 Apr 2015 | 10:02 AM ET

    *Netflix rallies after results, SanDisk lower. April 16- U.S. stocks edged lower on Thursday as corporate results showed little organic growth even as they largely beat profit expectations. While Netflix surged following blockbuster results, curbing the decline on Nasdaq, shares of SanDisk slumped following a weak revenue outlook that added to concerns about...

  • *Wall Street on an uptrend; Nasdaq near record. *Netflix rallies after results, SanDisk lower. The Financial Times reported the International Monetary Fund had rebuffed a request from the country to delay loan repayments.

  • April 16- Blackstone Group LP, the world's largest alternative asset manager, said on Thursday that its first-quarter profit doubled from a year ago, as strong asset sales generated by its private equity and real estate units brought in record cash. For the second quarter in a row, private equity overtook real estate as Blackstone's biggest earnings driver,...

  • Blackstone's first quarter earnings soar on asset sales Thursday, 16 Apr 2015 | 7:14 AM ET

    April 16- Blackstone Group LP, the world's largest alternative asset manager, said on Thursday that its first-quarter profit doubled from a year ago, as strong asset sales generated by its private equity and real estate units generated record cash. Blackstone said economic net income, a metric of its profitability takes into account the mark-to-market...

  • US STOCKS-Futures drop, but Netflix rallies early Thursday, 16 Apr 2015 | 7:12 AM ET

    *Netflix rallies after results, SanDisk lower. *Among the positive reports, UnitedHealth Group Inc on Thursday reported strong earnings and revenue growth, sending shares up 3.5 percent to $121.44 in light premarket trading. Netflix Inc late Wednesday added more subscribers than projected in the first quarter, sending shares up 12 percent to $533.15 before...

  • *Intel pushes higher following quarterly report. *Netflix gains after the close. Intel jumped 4.25 percent to $32.83 after the chipmaker said late on Tuesday it expects flat revenue for the entire year despite some weakness in the first quarter.

  • *Bank of America profit rises as costs fall. *Netflix to report after the bell. Intel jumped 4.5 percent to $32.91 after it said late on Tuesday it expects flat revenue for the entire year, despite some weakness in the first quarter.

  • US STOCKS-Wall St up as earnings worries recede, oil jumps Wednesday, 15 Apr 2015 | 12:02 PM ET

    *Bank of America profit rises as costs fall. *Netflix to report after the bell. Intel, which reported results after the bell on Tuesday, was up 4.3 percent at $32.84 as it forecast flat revenue for the entire year despite some weakness in the first quarter.

  • US STOCKS-Wall St edges higher as earnings worries recede Wednesday, 15 Apr 2015 | 11:00 AM ET

    *Bank of America profit rises as costs fall. *Netflix to report after the bell. Intel, which reported results after the bell on Tuesday, was up 3.8 percent at $32.69.

  • The decision is the latest twist in a struggle for control between the shareholders Luxembourg- based Ternium SA and Japan's Nippon Steel& Sumitomo Metal Corp.. Ternium said on Wednesday it would appeal the CVM decision, while Nippon said it needed to fully understand the details before making a decision. The CVM decision relates to last October, when Ternium...

  • EBS sets sights on running central system for FX fix Wednesday, 15 Apr 2015 | 10:05 AM ET

    LONDON, April 15- Currency trading platform EBS has been approached by major banks to provide a computerized system removing much of the human element behind a scandal over the manipulation of currency benchmarks by lenders, a senior EBS manager said. Such a facility has been discussed for some time as a way of reducing the risk of sensitive client order...

  • *Q1 profit 27 cents/ shr vs. year-earlier loss 5 cents/ shr. *Legal expenses fall to $370 mln from $6 bln. April 15- Bank of America Corp, the No. 2 U.S. bank by assets, posted a first-quarter profit, narrowly beating analysts' estimates, as legal costs fell steeply and the bank earned more from mortgage lending and investment and brokerage services.

  • UPDATE 1-Bank of America reports profit as expenses fall Wednesday, 15 Apr 2015 | 7:41 AM ET

    April 15- Bank of America Corp, the No. 2 U.S. bank by assets, posted a first-quarter profit, narrowly beating analysts' estimates, as costs fell and the bank earned more from mortgage banking and investment and brokerage services. BofA reported net income of $2.98 billion, or 27 cents per share, attributable to common shareholders compared with a loss of $514 million,...

  • UPDATE 1-ASML sales outlook falls short of consensus Wednesday, 15 Apr 2015 | 3:11 AM ET

    AMSTERDAM, April 15- ASML Holding, a key supplier to top global semiconductor makers, gave a slightly lower than expected forecast for second-quarter sales after posting a 60 percent jump in first-quarter profit on Wednesday. ASML reported first-quarter net profit of 403 million euros on sales of 1.65 billion euros. However, ASML's Chief Financial Officer...

  • Usiminas is controlled through a shareholder pact between Luxembourg- based Ternium SA and Japan's Nippon Steel& Sumitomo Metal Corp but the two have been at loggerheads for six months over the departure of Usiminas' former CEO, leading to a number of court cases and appeals to the regulator. Last October, Ternium increased its stake with a 616.7 million reais...

  • NEW YORK, April 14- JPMorgan Chase& Co is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview. Loans that fund smaller leveraged buyouts, where companies often do not have the size or financial resources to weather a business downturn,...

  • *Norfolk Southern gives weak outlook, shares fall. NEW YORK, April 14- The Dow and S&P 500 ended higher on Tuesday, helped by energy stocks and March-quarter earnings reports that topped modest expectations following worries about a strong dollar. Norfolk Southern Corp dropped 4.18 percent to $100.49 a day after it forecast a surprise drop in its first-quarter...

  • *Norfolk Southern gives weak outlook, shares fall. NEW YORK, April 14- The Dow and S&P 500 moved higher on Tuesday, helped by energy stocks and March-quarter earnings reports that topped modest expectations but did little to reduce concerns about the strong dollar. Norfolk Southern Corp was the biggest decliner on the S&P 500, dropping 5.6 percent to $98.95 a day...