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  • WASHINGTON, Feb 4- President Barack Obama will meet with chief executives from 12 companies including Goldman Sachs Group Inc's Lloyd Blankfein and Yahoo Inc's Marissa Mayer on Tuesday to discuss immigration and deficit reduction.

  • *Oil sinks with Wall St stocks and as dollar strengthens. NEW YORK, Feb 4- Crude futures fell nearly 2 percent on Monday, sinking along with Wall Street stock prices as traders cashed in profits from a three-week rally in oil, which fed a broad decline across commodity markets.

  • CALGARY, Alberta, Feb 4- Alberta could offer up new environmental initiatives for oil sands development to show the Obama administration that approving a $5.3 billion pipeline to U.S. Gulf Coast refineries will not increase pollution, the Canadian province's new envoy in Washington said on Monday.

  • MOSCOW/ CHICAGO, Feb 4- Russia will ban imports of U.S. turkey because of concerns about the use of feed additive ractopamine, Russia's Veterinary and Phyto-Sanitary Surveillance Service said in a statement on Monday. Russia imported 356,800 tonnes of poultry worth $516 million from non-CIS countries between January and October 2012, customs data showed.

  • Nikkei seen lower as euro fears spur profit taking Monday, 4 Feb 2013 | 6:25 PM ET

    TOKYO, Feb 4- Japan's Nikkei share average is set to drop on Tuesday as renewed fears about the debt crisis in peripheral euro zone countries prompt investors to lock in easy profits following five straight days of gains.

  • NEW YORK, Feb 4- Platinum hit a four-month high on Monday, extending its outperformance to gold after roaring U.S. car sales boosted demand for the key ingredient used in purifying automotive emissions. The spot price of platinum jumped 0.8 percent on the day, reaching above $1,705 an ounce.

  • Feb 1- Gilead Sciences Inc on Monday reported higher-than- expected quarterly profit and revenue as sales of its flagship HIV drugs beat Wall Street estimates. "They beat handily on the top line and they beat on the bottom line by 2 cents," while suggesting that up to $100 million in sales were due to inventory stock-up, said RBC Capital Markets analyst Michael Yee.

  • WASHINGTON, Feb 4- A senior U.S. official said on Monday he was optimistic progress can be made on a number of trade fronts in President Barack Obama's second term, but declined to say whether he was on a short list to be the next U.S.

  • SAN FRANCISCO, Feb 4- Apple Inc and other online retailers did not break California law by requiring consumers to provide their address and phone numbers as a condition of accepting credit card payments, the state's high court ruled on Monday.

  • UPDATE 4-Yum's China woes slam sales and profits Monday, 4 Feb 2013 | 6:12 PM ET

    *China restaurant sales down sharply. Feb 4- KFC parent Yum Brands Inc on Monday warned that it expects 2013 earnings to shrink rather than grow, as it grapples with a food safety scare in China where it makes more than half of its overall revenue.

  • The news also caused shares of Moody's Corp, whose Moody's Investors Service unit is S&P's main rival, to slide 10.7 percent. It is unclear why regulators may be now focusing on S&P rather than Moody's or Fimalac SA's Fitch Ratings.

  • UPDATE 3-Yum's China woes slams sales and profit Monday, 4 Feb 2013 | 6:01 PM ET

    *China restaurant sales down sharply. Feb 4- KFC parent Yum Brands Inc on Monday warned that it expects 2013 earnings to shrink rather than grow, as it grapples with a food safety scare in China where it makes more than half of its overall revenue, and shares fell more than 6 percent.

  • WASHINGTON, Feb 4- President Barack Obama will seek to build momentum for U.S. immigration reform this week ahead of his State of the Union address which is expected to challenge Republicans to take up an overhaul amid an increasingly contentious debate in Washington.

  • WASHINGTON, Feb 4- President Barack Obama will meet with chief executives from 12 companies including Goldman Sachs Group Inc's Lloyd Blankfein and Yahoo Inc's Marissa Mayer on Tuesday to discuss immigration and deficit reduction, according to a White House official.

  • FOREX-Euro rally loses steam, Aussie eyes RBA Monday, 4 Feb 2013 | 5:52 PM ET

    SYDNEY, Feb 5- A week-old rally in the euro came to a halt on Tuesday as investors took profits on its stellar gains in the run-up to this week's European Central Bank policy meeting, just as selling pressure on the yen eased off slightly. The euro was last at $1.3504, having fallen nearly 1 percent to be well off a 14- month high of $1.3711 set Friday.

  • NEW YORK, Feb 4- Cotton prices pulled back from recent highs on Monday as the U.S. dollar gained, certified stocks rose and speculative buying that has driven fiber's longest bull run in two years waned. The most-active March contract on ICE Futures U.S. fell 1.24 cents, or 1.5 percent, to settle at 81.74 cents per lb.

  • *Net profit rises 53 percent vs year earlier. RIO DE JANEIRO, Feb 4- Brazil's state-led oil company, Petroleo Brasileiro SA, said on Monday that fourth-quarter net profit rose 53 percent from a year earlier after higher fuel prices, lower taxes and financial gains helped make up for rising operational costs.

  • District Judge Jed Rakoff in Manhattan ordered Motey to forfeit $40,000 and to serve a year of supervised release, for conspiracy and securities fraud. In 2005, the Wall Street Journal named Motey a top securities analyst in the semiconductor industry, and a year later he started the Coda Group research consulting company in Los Altos, California.

  • District Judge Jed Rakoff in Manhattan ordered Motey to forfeit $40,000 and to serve a year of supervised release, for conspiracy and securities fraud. In 2005, the Wall Street Journal named Motey a top securities analyst in the semiconductor industry, and a year later he started the Coda Group research consulting company in Los Altos, California.

  • *China restaurant sales down sharply. The company, which gets more than half of its overall sales and operating profit from China, reported a 6 percent drop in fourth-quarter sales at established restaurants in China due to "adverse publicity" regarding its poultry supply.