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  • *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...

  • April 14- Ford Motor Co on Friday will announce an investment of about $2.5 billion in Mexico, industry sources said, the latest multibillion-dollar outlay in the country's booming auto sector. The U.S. automaker will announce the investment in Mexico City on Friday to celebrate the 90th anniversary of its presence in Mexico. Ford announced its last major...

  • Avon exploring sale of North America business - WSJ Tuesday, 14 Apr 2015 | 1:20 PM ET

    April 14- Avon Products Inc, a direct seller of cosmetics, is exploring strategic alternatives, which could include a sale of its North America business, the Wall Street Journal reported on Tuesday. The company said late on Monday it was postponing its Analyst Day from May 13 to fall 2015 to give adequate time for its new Chief Financial Officer James Scully to...

  • NEW YORK, April 14- A $2 billion bondholder plan to restructure Puerto Rico's troubled power authority contains aggressive elements that are unlikely to work, the utility's chief restructuring officer said in testimony before Puerto Rico's Senate on Tuesday. Lisa Donahue said demands that creditors be paid in full and on time would be unlikely to work as a...

  • WASHINGTON, April 14- AstraZeneca Plc's diabetes drug Onglyza should include new safety information about the risk of heart failure, a U.S. Food and Drug Administration advisory panel concluded on Tuesday. The FDA is not obliged to follow the advice of its advisory panels but typically does so. A preliminary FDA review of the drug published on Friday noted an...

  • The National Cable and Telecommunications Association, CTIA-The Wireless Association and American Cable Association filed petitions against so-called "net neutrality rules" in U.S. Court of Appeals for the D.C. Circuit. "Instead of promoting greater industry investment... the FCC opted to resuscitate a command-and-control regulatory regime, including a...

  • NEW YORK, April 14- The U.S. government on Tuesday forecast domestic crude production will rise even more than expected a year ago, undeterred by the worst price rout since the financial crisis. U.S. crude oil production will peak at 10.6 million barrels per day in 2020, a million barrels more than the high forecast a year earlier, according to the annual energy...

  • U.S. to become a net exporter of natgas by 2017 -EIA Tuesday, 14 Apr 2015 | 1:00 PM ET

    April 14- The United States will transition from a net importer of natural gas to a net exporter of the fuel by 2017 as the nation's shale gas production continues to grow, the U.S. Energy Information Administration said on Tuesday in its Annual Energy Outlook. The EIA said increases in domestic gas production are expected to reduce demand for gas imports from...

  • revisions to a bipartisan bill that would allow Congress to vote on an international agreement to rein in Iran's nuclear program. The revisions would shorten the time in which Congress can review any final nuclear agreement and soften a requirement that Obama certify that Iran is not supporting acts of terrorism against the United States or its citizens...

  • SAO PAULO, April 14- A corruption probe at Brazil's state-run oil company Petrobras is likely to promote less government intervention and more transparency, economists and analysts said on Tuesday. The investigation could, however, also stir more political infighting, extend the scandal to other state companies and even put the brakes on an expected economic...

  • WASHINGTON, April 14- U.S. retail sales rose in March for the first time since November as consumers stepped up purchases of automobiles and other goods, suggesting a sharp slowdown in economic growth in the first quarter was temporary. The Commerce Department's fairly sturdy report on Tuesday together with other data showing that producer inflation crept up...

  • NEW YORK, April 14- Wells Fargo& Co takes seriously allegations that some of its bankers push products customers don't need due to pressure to meet aggressive sales quotas, Chief Financial Officer John Shrewsberry said on Tuesday. Wells Fargo is known in the banking industry for being particularly good at selling its customers multiple products, a strategy...

  • The National Cable and Telecommunications Association, CTIA-The Wireless Association and American Cable Association filed petitions in U.S. Court of Appeals for the D.C. Circuit. "Instead of promoting greater industry investment... the FCC opted to resuscitate a command-and-control regulatory regime, including a process where innovators must first seek...

  • China tells Europe not to ignore its new trade status Tuesday, 14 Apr 2015 | 12:24 PM ET

    BRUSSELS, April 14- China's top diplomat in Brussels warned the European Union on Tuesday not to disregard changes to global trade rules set to favour Beijing and which European companies fear will open the bloc to a flood of cheap Chinese goods. World trading powers including Europe are in a bind over how to interpret a World Trade Organization protocol that...

  • MILAN, April 14- Italian holding company Exor, which controls carmaker Fiat Chrysler Automobiles, said it had offered $6.4 billion in cash to buy U.S. reinsurer PartnerRe, trumping an earlier all-share deal with Axis. Exor, controlled by the Agnelli family, said in a statement on Tuesday it was offering $130 per PartnerRe share in what it said would be a friendly...

  • WASHINGTON, April 14- AstraZeneca Plc's diabetes drug Onglyza should include new safety information about the risk of heart failure, an advisory panel to the U.S. Food and Drug Administration concluded on Tuesday. The panel voted overwhelmingly that the drug's label should be changed to add information about an increased heart failure risk, but did not...

  • NEW YORK, April 14- Signs that stocks in the benchmark Standard and Poor's 500 index are still moving in unison will make 2015 a particularly challenging year for hedge funds and mutual fund managers, according to a Goldman Sachs research note. Record-low dispersion, a measure of how often stocks in the index rise or fall in lockstep, has narrowed the potential...

  • *North Dakota oil production fell in February vs January- state. NEW YORK, April 14- Crude oil futures rose on Tuesday on signs of falling U.S. oil production, weakness in the dollar and tensions in the Middle East, particularly Yemen. The North Dakota report arrived a day after the U.S. Energy Information Administration said it expected U.S. shale production to fall...

  • WASHINGTON, April 14- The U.S. Labor Department is expected to unveil as soon as Tuesday its long-awaited plan to curb potential conflicts of interest by brokers offering retirement investment advice. The Labor Department announced it plans to publicly release details of a "consumer protection" rule at 3 p.m.. If ultimately adopted, it would have an impact on...

  • RUSSIA'S PUTIN TELLS ISRAELI PM NETANYAHU THAT S-300 MISSILES HAVE ONLY DEFENCE CAPABILITIES AND DO NOT POSE THREAT TO ISRAEL, AFTER LIFTING BAN ON SUPPLIES TO IRAN- KREMLIN.