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  • *China gold imports from Hong Kong jump in Oct. NEW YORK/ LONDON, Nov 25- Gold edged up slightly to just above $1,200 an ounce on Tuesday as the U.S. dollar eased after data showed a deterioration in consumer confidence, offsetting better-than-expected U.S. economic growth numbers. The U.S. Commerce Department raised its estimate of gross domestic product to a 3.9...

  • Nov 25- Digital video recorder maker TiVo Inc reported a 49 percent fall in quarterly profit, hurt by a provision for future tax bills. The company's net profit fell to $6.3 million, or 6 cents per share, for the third quarter ended Oct. 31, from $12.5 million, or 10 cents per share, a year earlier. TiVo recorded a tax provision of $7.1 million in the quarter, compared with a...

  • Weak enterprise demand hurt HP's third-quarter revenue Tuesday, 25 Nov 2014 | 4:20 PM ET

    Nov 25- Hewlett-Packard Co reported a 2.5 percent drop in quarterly revenue, hurt by weak sales to enterprise customers. Revenue fell to $28.41 billion in the fourth quarter ended Oct. 31 from $29.13 billion a year earlier. Net income fell to $1.33 billion, or 70 cents per share, from 1.41 billion, or 73 cents per share, a year earlier.

  • NEW YORK, Nov 25- U.S. stocks ended little changed on Tuesday as the U.S. economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.

  • The purchases were part of a broad U.S. bond market rally in the wake of record low 10- year yields across Europe and a robust $35 billion five-year Treasuries note auction, analysts said. At 2:06 p.m. EST, 34,856 contracts of 10- year Treasury note futures for March 2015 delivery traded at a price of 126-9/ 32 and 18,950 contracts of March 2015 30- year Treasury...

  • NEW YORK, Nov 25- Oil tumbled 2 percent to near four-year lows on Tuesday in another volatile session as a meeting of Saudi Arabia and three other nations ahead of an OPEC summit ended with no deal to curb crude output. Saudi Oil Minister Ali al-Naimi held talks with officials from Venezuela, Russia and Mexico in Vienna before Thursday's summit of the Organization...

  • BRUSSELS, Nov 25- The United States voiced concern on Tuesday over a draft plan by two EU lawmakers to break up Google Inc, saying politicians should not influence the EU's antitrust inquiry into the world's most popular Internet search engine. A spokeswoman for Guenther Oettinger, European commissioner for digital affairs, confirmed his opposition to...

  • WASHINGTON, Nov 25- HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday. The SEC said HSBC's Swiss unit amassed 368 U.S. accounts, and its employees traveled to the United States at...

  • BRUSSELS/ STRASOURG, Nov 25- The European Commission agreed on Tuesday to set up a new fund with 21 billion euros of capital that it hopes can unlock some 300 billion euros of largely private investment over three years to create a million jobs. The European Fund for Strategic Investment will be presented to the European Parliament in Strasbourg on Wednesday by...

  • Oil prices are already down about 30 percent since June, and with little consensus about the likely outcome from a meeting of ministers from the Organization of the Petroleum Exporting Countries meeting on Nov. 27, a snap back seems unlikely and a further trend decline very possible. This is an unusual oil price fall, and one which is more about a structural change...

  • "There was pressure from high commodity prices that led some growers to plant soy in illegally deforested areas," Teixeira said after signing the moratorium, which runs through May 2016, with a group of Brazil's largest soy exporting and processing firms. "Clearly, soy is not a driver behind Amazon deforestation," said Carlo Lovatelli, president the Brazilian...

  • NEW YORK, Nov 25- A divided federal appeals court said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early at a favorable price, saying the second-largest U.S. natural gas company waited too long to tell investors of its plans. Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals in New York reversed a May 2013 ruling by U.S.

  • WASHINGTON, Nov 25- The U.S. Supreme Court on Tuesday agreed to weigh a challenge by industry groups and some states to an Obama administration regulation intended to limit emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The EPA rule, if left intact, could help spur utility companies to shut down some coal-fired plants...

  • WASHINGTON, Nov 25- Americans who lost their homes to foreclosure will be able to buy them back at current market value if the properties are owned by housing finance giants Fannie Mae and Freddie Mac, the regulator of the two firms said on Tuesday. The FHFA said the new rule applies to about 121,000 properties currently owned by Fannie Mae and Freddie Mac, which...

  • *Oil falls after talks with non- OPEC producers yield no cuts. Oil prices fell more than $1 a barrel to near four-year lows after a meeting between OPEC members Saudi Arabia and Venezuela with non- OPEC producers Russia and Mexico resulted in no deal to curb output to counter a 30 percent slump in prices since June. OPEC meets in Vienna on Thursday.

  • Nov 25- A group of Delta Air Lines pilots seeking to replace the current pilots' union at the U.S. carrier are struggling to win enough support. The Delta Pilots Association claims that nearly half of the airline's 12,000 pilots have at some time in the past four years signed cards backing it to be their union for collective bargaining with management.

  • A reduction in the quota, likely to 29.5 million barrels per day, dismissing some price war fears and sparking a rally. We therefore do not expect the cartel to be able to prevent the price of a barrel of Brent from falling to $70 by the end of 2016, even if this is below OPEC's current comfort zone. " "With the decline in prices, the likelihood of OPEC announcing a...

  • Nov 25- Wal-Mart Stores Inc said its U.S. chief merchandising officer was leaving the company in a management shuffle just as the crucial holiday shopping season kicks into gear. Duncan Mac Naughton, who had held the post since 2011, was departing to pursue new opportunities, Wal-Mart said on Tuesday. Mac Naughton was a public figure at Wal-Mart, appearing before...

  • *Losses pared after WSJ reports OPEC may agree on cut. NEW YORK, Nov 25- Oil prices tumbled to near four-year lows before paring some losses on Tuesday as the market was hit with conflicting signals on whether OPEC will agree to curb output at its meeting this week. Crude prices reversed early gains and fell more than $1 a barrel after a meeting in Vienna on Tuesday...

  • WASHINGTON, Nov 25- HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday. The SEC said HSBC's Swiss unit amassed 368 U.S. client accounts, and its employees traveled to the United...