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Thomson Reuters

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  • TREASURIES-Price decline takes 10-year yield over 2 pct Wednesday, 11 Feb 2015 | 11:25 AM ET

    NEW YORK, Feb 11- U.S. Yields on 10- year Treasuries last stood at 2.0141 percent, reflecting a price decline of 6/ 32. It was the highest yield on notes since January 9, according to Thomson Reuters data. Trading was moderate, in part because of a holiday in Japan, and focused on the note sale scheduled for later on Wednesday, according to Ian Lyngen, senior government...

  • *Apple lifts Nasdaq after solar deal. *Rite Aid to buy EnvisionRx for about $2 billion. "We all know what the big problem is- if the Greeks exit, so can others and that would throw this whole EU thing into disarray," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

  • *Rite Aid to buy EnvisionRx for about $2 billion. NEW YORK, Feb 11- U.S. stocks were little changed on Wednesday, a day after the S&P 500 reached its highest level of the year and ahead of a meeting of euro zone finance ministers to discuss plans for Greece's debt. "It looks like we are kind of hanging in and waiting to see if there are any fireworks," said Peter Jankovskis,...

  • *PepsiCo climbs in premarket after results. *Rite Aid to buy EnvisionRx for about $2 billion. "It looks like we are kind of hanging in and waiting to see if there are any fireworks," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

  • Early movers: PEP, TWX, TSLA, AOL, TRI & more Wednesday, 11 Feb 2015 | 8:23 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • UPDATE 1-Thomson Reuters Corp sees revenue growth in 2015 Wednesday, 11 Feb 2015 | 8:01 AM ET

    NEW YORK, Feb 11- Thomson Reuters Corp said on Wednesday it expects its revenue to grow in 2015 and reported that it added more sales for its products to financial customers in 2014.. "I am pleased to say that we expect to return to organic revenue growth and achieve greater profitability in 2015," Chief Executive Jim Smith said in a statement. Total revenue for the...

  • *PepsiCo climbs in premarket after results. *Rite Aid to buy EnvisionRx for about $2 billion. *PepsiCo rose 2.6 percent to $100.50 before the opening bell after the maker of soft drinks and Tropicana beverages posted quarterly results.

  • Thomson Reuters Corp sees revenue growth in 2015 Wednesday, 11 Feb 2015 | 7:22 AM ET

    Feb 11- Thomson Reuters Corp said on Wednesday it expects its revenue to grow in 2015 and reported that it added more sales for its products to financial customers in the fourth quarter. For the fourth quarter, total revenue rose 1 percent before currency changes to $3.2 billion. Adjusted for special items, income was $347 million, or 43 cents per share, compared...

  • LONDON, Feb 11- ARM Holdings, the British company behind the processor in Apple's iPhone 6, reported a better than expected 25 percent rise in profits on Wednesday, and predicted its royalty income was set to get a big boost from smartphones. The results sent shares in ARM to the highest level for more than a year, and they were trading up 4 percent at 1,099 pence by...

  • LONDON, Feb 11- British chip designer ARM Holdings posted a 25 percent rise in fourth-quarter profit, ahead of expectations, helped by a strong year end in companies licensing its technology and growing royalty revenues from customers such as Apple. The company, whose technology powers the iPhone 6, reported pretax profit of 118.9 million pounds on revenue of...

  • Ten-year Treasury notes on Tuesday yielded as much as 2.016 percent, a high last seen on January 9, and were last trading at 1.9897 percent, falling 12/ 32 in price, according to Thomson Reuters data. "That's four consecutive down days, and we are still showing some of the hangover from the good nonfarm payrolls report on Friday," said Guy LeBas, chief fixed income...

  • The European Commission will introduce a compromise proposal in which Greece should ask for a six-month period to discuss with lenders any pending issues and post-bailout plan according to a report by MNSI, citing unnamed sources. "Clearly the market thinks some resolution's going to come out of this that's going to make bond holders not suffer the...

  • Ten-year Treasury notes on Tuesday yielded as much as 2.016 percent, a high last seen on January 9, and were last trading at 1.9897 percent, falling 12/ 32 in price, according to Thomson Reuters data. "That's four consecutive down days, and we are still showing some of the hangover from the good nonfarm payrolls report on Friday," said Guy LeBas, chief fixed income...

  • *Aeropostale boosts outlook, shares jump. The European Commission said there was no formal proposal for resolving Greece's debt problems, although talks were intensive ahead of a series of meetings of euro zone finance ministers and EU leaders in Brussels. "Markets have been driven by this Greek drama and, as it plays out in real time in front of us, anything that...

  • US STOCKS-Wall St to open higher on Greek debt hopes Tuesday, 10 Feb 2015 | 9:00 AM ET

    *Starwood Hotels to spin-off vacation ownership business. The European Commission said there was no formal proposal for resolving Greece's debt problems although talks were intensive ahead of a series of meetings of euro zone finance ministers and EU leaders in Brussels. "Markets have been driven by this Greek drama and, as it plays out in real time in front of...

  • NEW YORK, Feb 10- U.S. stocks climbed on Tuesday after two straight declining sessions, with index futures jumping after a report of a proposal for a 6- month debt extension for Greece as negotiations continued. *The European Commission said earlier it had low expectations that meetings of euro zone finance ministers and EU leaders this week would produce a final...

  • SEOUL, Feb 10- South Korea's new law compelling big companies to part with "excess" cash or be taxed on it is prompting traditionally tight-fisted Korea Inc to boost dividend payouts. Last year, South Korea announced plans to tax excessive corporate cash, a move aimed at getting companies to spend more on dividends, wages and investment. Big companies such as...

  • PARIS, Feb 10- French tyre maker Michelin will look for an extra 200 million euros in cost savings after cut-price competition hit profits more than expected last year. At 0845 GMT, Michelin's shares were down 4.1 percent at 82.82 euros, after what Citi analyst Philip Watkins described as "a somewhat lacklustre set of 2014 results". Michelin said net income fell 8.5...

  • SEOUL, Feb 10- South Korea's new law compelling big companies to part with "excess" cash or be taxed on it is prompting traditionally tight-fisted Korea Inc to boost dividend payouts. Last year, South Korea announced plans to tax excessive corporate cash, a move aimed at getting companies to spend more on dividends, wages and investment. Big companies such as...

  • PARIS, Feb 10- French tyre maker Michelin pledged on Tuesday to step up cost-cutting efforts after unveiling an 8.5 percent profit decline for 2014 on sales that missed its own forecast. Net income fell to 1.03 billion euros last year, Michelin said in a statement, as revenue dropped 3.4 percent to 19.55 billion, declining at all three divisions.