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Thomson Reuters

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  • U.S. retailers' April same-store sales Thursday, 7 May 2015 | 10:53 AM ET

    May 7- Click on http://tmsnrt.rs/1DU7W5Y for a table that compares U.S. retailers' April same-store sales with analysts' estimates as published by Thomson Reuters.

  • TOKYO/ OSAKA, May 7- Japanese videogame maker Nintendo Co Ltd forecast its long-awaited entry into smartphone games would help it double annual operating profit in the year through March, offsetting weak sales growth in its traditional consoles. Nintendo repeatedly resisted investor calls to shift focus to smartphone games to boost profitability, until it...

  • TOKYO, May 7- Japanese videogame maker Nintendo Co Ltd on Thursday forecast annual operating profit to double in the year through March, with its entry into smartphone games widely expected to help make up for weak sales growth of its traditional consoles. Nintendo's latest Wii U console has been a distant third to Sony Corp's PlayStation and Microsoft Corp's...

  • Nintendo turns profitable for first time in four years Thursday, 7 May 2015 | 3:13 AM ET

    TOKYO, May 7- Japanese videogame maker Nintendo Co Ltd on Thursday reported its first annual operating profit in four years, slightly ahead of analyst estimates, as reduced costs offset the impact of slowing revenue growth. Profit of 24.8 billion yen beat the company's forecast of 20 billion yen as well as the average estimate of 23.8 billion yen from 20 analysts...

  • By Elzio Barreto and Sumeet Chatterjee HONG KONG/ MUMBAI, May 7- As investors tap into rising Asia Pacific stock markets to sell assets in waves of block trades, Goldman Sachs' dominance of such deals has already brought more in fees in 2015 than in the previous two years combined. Goldman has cornered more than half of Asia Pacific's 2015 block deals, booking $112...

  • May 6- The hefty premium Alexion Pharmaceuticals Inc has agreed to pay to acquire Synageva BioPharma Corp highlights how the popularity of so-called orphan drug makers is leading to valuations many investors now deem frothy. Other recent big deals involving orphan drug makers that focus on rare diseases include Teva Pharmaceutical Industries Ltd's $3.5...

  • SINGAPORE, May 6- Jorge Montepeque, inventor of the modern system of setting world oil prices, is leaving reporting agency Platts after three decades of tussles with oil traders and attention from regulators. Critics have drawn attention to its dominance, and its role in the fabric of oil trade was of interest to regulators in the United States and Europe when...

  • *Fall in bond sales from Russia and ex-Soviet states. LONDON, May 6- Bond sales by companies from Russia and other ex-Soviet countries have fallen to 10- year lows this year, inflating prices for new issues from other regions and leaving funds struggling to place their money. The reduction in new supply from Russia, and to a lesser extent from Latin America, is a...

  • It also scaled back plans to return 4 billion pounds of cash flowing from a $20 billion- plus asset swap with Novartis to investors, opting instead to pay a 1 billion special dividend. Chief Executive Andrew Witty is under pressure to demonstrate that the Novartis deal can revive GSK's fortunes by focusing it on consumer health and vaccines, following a slide in...

  • Chief Executive Andrew Witty is under pressure to prove to investors that a $20 billion- plus asset swap with Novartis can revive GSK's fortunes, following a damaging slide in lung drug sales and a major corruption scandal in China. In a bid to protect its dividend, GSK scaled back plans to return 4 billion pounds of cash flowing from the Novartis transaction to...

  • LONDON, May 6- GlaxoSmithKline laid out growth targets for its biggest businesses on Wednesday, hoping to convince investors that focusing on consumer health and vaccines would return the drugmaker to long-term growth. Chief Executive Andrew Witty is under pressure to prove to investors that a $20 billion- plus asset swap with Novartis can revive GSK's...

  • NEW YORK, May 6- Amy Paternite, a real estate agent in Maplewood, New Jersey, is getting used to hearing from clients in their late twenties and early thirties who say they never thought they would leave New York City for the suburbs. "They still want good restaurants, but now it's also about space, affordability and being able to send their kids to a good public school,"...

  • NEW YORK, May 5- The $3.7 trillion U.S. municipal bond market has been punishing New Jersey's debt, largely because of the state's underfunded pension system and growing retirement costs. On Wednesday, the state's supreme court will hear arguments about whether it was legal for Governor Chris Christie to slash $1.6 billion from New Jersey's 2015 pension...

  • May 5- Animal health products maker Zoetis Inc said it would reduce operations in Venezuela and consider selling or exiting 10 manufacturing sites over the long term. Ackman's Pershing Square Capital Management was Zoetis's biggest shareholder with an 8.35 percent stake as of April 10, according to Thomson Reuters data. Zoetis, which was spun off from Pfizer...

  • JORHAT, India, May 5- Usha Ghatowar smiles wryly when asked about the pay she earns picking leaves at a colonial-era tea garden in India's Assam. Scientists say climate change is to blame for uneven rainfall that is cutting yields and lifting costs for tea firms such as McLeod Russel, Tata Global Beverages and Jay Shree Tea. Assam Chief Minister Tarun Gogoi, whose...

  • LOS ANGELES, May 3- McDonald's new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors. He'll be aiming to persuade people such as Janna Sampson, co-chief investment officer at OakBrook Investments, which bought McDonald's shares on the...

  • *Gilead leads as biotechs ends 5- day losing streak. May 1- Wall Street was higher at midday on Friday, with the Nasdaq recording gains for the first time this week, as healthcare and technology stocks rebounded, and as data pointed to a pick-up in economic activity. Gilead led the gains on the Nasdaq and the S&P 500 with a 4.4 percent increase to $104.90.

  • May 1- Wall Street rose at the open on Friday as healthcare and technology stocks, led by Gilead and Apple, rebounded after two weak sessions, and despite data that came in lower-than-expected. Apple shares rose 1.5 percent to $126.94 and was the biggest driver on the Dow, Nasdaq and S&P 500.. Gilead led the gains with a 3 percent increase to $103.53 after its...

  • DETROIT, May 1- Fiat Chrysler Automobiles said on Friday it expects April U.S. auto industry sales to rise 6 percent from a year ago. Fiat Chrysler's U.S. sales rose 6 percent to 189,027 vehicles in April, missing expectations of nine analysts polled by Reuters. Economists polled by Thomson Reuters expected the annual sales rate in April to finish at 16.9 million...

  • May 1- U.S. stocks were poised to open higher on Friday ahead of the release of data that could support signs that the economy is regaining momentum after stumbling in the first quarter. Construction spending is expected to have risen in March after slipping in February, while the Institute for Supply Management's manufacturing index is expected to have...