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  • BlackBerry CEO sees launch of fewer new devices Monday, 10 Nov 2014 | 5:50 AM ET
    BlackBerry Chief Executive John Chen introduces the Passport smartphone during an official launch event in Toronto, September 24, 2014.

    BlackBerry is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said.

  • Nov 9- Deal makers and private equity employees are expected to receive the biggest hikes in bonuses this year on Wall Street, according to a forecast by compensation consulting firm Johnson Associates. "A mixed bag of fortunes awaits Wall Street professionals this bonus season, despite a moderately positive year across the financial services industry," said...

  • TORONTO, Nov 9- BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said. John Chen, who took the reins at the struggling mobile technology company in November 2013, has moved rapidly to try to get the one-time...

  • NEW YORK, Nov 7- With the U.S. third-quarter. While most Standard& Poor's 500 companies beat analysts' expectations for third-quarter earnings, many just barely topped estimates, said Pankaj Patel, head of quantitative research at Evercore ISI in New York. Of the S&P 500 companies that had reported results as of early this week, 66 percent exceeded expectations,...

  • NEW YORK, Nov 7- The U.S. Treasuries were on track for their best day since Oct. 15, when massive purchases of Treasuries by traders exiting short positions sent benchmark yields below 2 percent to 16- month lows. Market chatter that surfaced on Thursday that payroll gains might hit the 300,000 mark were dashed after the Labor Department reported a 214,000 job...

  • LONDON, Nov 7- A falling oil price could hamper rather than aid economic recovery as lower export revenues for energy producers will mean fewer petrodollars propping up markets and keeping a lid on the cost of capital. Research by BNP Paribas published this week found energy exporting countries are set to pull more money out of world markets than they put in for...

  • NEW YORK, Nov 7- The dollar slipped and global equity markets were mostly flat on Friday after a solid but below-expectations U.S. jobs report for October took the edge off a months-long rally in both the greenback and stocks. Wall Street was mixed in a narrow range, and MSCI's all-country world index, a gauge of stock performance in 45 countries, was flat at 418.20.

  • October payrolls report under the estimate but solid. NEW YORK, Nov 7- The dollar slipped on Friday after a solid but below-expectation October U.S. jobs report as investors took some profits on the greenback's months-long rally that has seen it reach multi-year highs in anticipation of tighter U.S. monetary policy next year. Jobs growth in the United States...

  • *New rules mapped out after Libor rate-rigging scandal. LONDON, Nov 7- Only months into an overhaul of financial benchmarks at the centre of market manipulation allegations, traders and investors have raised concerns over whether new rules will work and big banks will have too much influence. In the $5 trillion- a-day currency market, regulators plan to extend...

  • RIO DE JANEIRO, Nov 6- State-run Brazilian oil producer Petrobras raised its wholesale gasoline and diesel prices for the first time in more than 11 months on Thursday in a move that could bolster the finances of the heavily indebted company after years of refining losses. The cost of gasoline at the refinery gate will rise 3 percent and diesel 5 percent...

  • NEW YORK, Nov 6- U.S. Treasury debt yields rose on Thursday on a pledge from the European Central Bank to take further steps to stimulate the euro zone economy and a hefty supply of higher-yielding corporate supply in advance of Friday's U.S. payrolls report. Benchmark 10- year Treasury note yields earlier approached the 3-1/ 2- week high set on Monday after ECB...

  • FRANKFURT, Nov 6- Deutsche Telekom's U.S. business can fund the purchase of new airwaves itself, the German company said on Thursday, seeking to calm shareholder fears that the investment could hit group earnings. Deutsche Telekom Chief Executive Tim Hoettges said on Thursday he was confident the U.S. business would be able to fund the investment by issuing new...

  • LONDON, Nov 6- AstraZeneca, which saw off a $118 billion bid from Pfizer in May, said quarterly results showed its standalone strength, while recent U.S. tax changes removed much of the case for a new takeover attempt. Chief Executive Pascal Soriot, who has fought hard to prove AstraZeneca does not need the kind of mega-merger offered by Pfizer, said he would use the...

  • LONDON, Nov 6- Daily spot foreign exchange volumes hit a three-year high on trading platform EBS on Oct. 31, the day the Bank of Japan stunned markets with another dose of monetary easing, boding well for currency markets and trading banks. "Following the Bank of Japan's announcement to expand its quantitative easing programme, total daily volume on EBS Market was...

  • LONDON, Nov 6- AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of generic copies of its Nexium drug in the United States kept cash flowing from the heartburn and ulcer pill. Britain's second biggest drugmaker, which saw off a $118 billion takeover bid from Pfizer in May, now expects revenue to grow in low...

  • LONDON, Nov 6- AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of Nexium generics in the United States kept cash flowing from the heartburn and ulcer pill. Britain's second biggest drugmaker, which saw off a $118 billion takeover approach from Pfizer in May, now expects revenue to grow slightly this...

  • LONDON, Nov 6- AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of Nexium generics in the United States kept cash flowing from the heartburn and ulcer pill. Britain's second biggest drugmaker, which saw off a $118 billion takeover approach from Pfizer in May, now expects revenue this year to grow in low...

  • France's third-biggest bank said net income reached 758 million euros in the third quarter while revenues also rose 4 percent to 4.0 billion euros. Analysts polled by Thomson Reuters had expected on average net income of 697 million euros and 4.01 billion euros in revenues. The results marked an improvement on the second quarter, when the bank took a 708...

  • NEW YORK, Nov 5- The dollar rose on Wednesday, extending multi-year highs after Republicans won control over both chambers of the U.S. Congress for the first time since 2006, lifting investor expectations for more pro-business policies. Republicans seized control of the U.S. Senate, a blow to President Barack Obama that will curb his legislative agenda in his...

  • *Stocks rise as Republicans take control of U.S. Senate. NEW YORK, Nov 5- U.S. Benchmark yields approached the 3-1/ 2 week highs set earlier this week as Wall Street opened higher partly on news that Republicans took over control of the U.S. Senate after Tuesday's elections.