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*America Movil shares down over 5 pct year-to-date. MEXICO CITY, Feb 22- The business empire of the world's richest man, Carlos Slim, is showing signs of wear as investments made by his flagship firm America Movil sour and regulators and competitors squeeze profit margins at Latin America's largest phone company.
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Feb 22- Office Depot Inc said on Friday that following talks with the largest holder of its common stock, Starboard Value LP, it is extending the deadline for nominating candidates for its board at its annual meeting.
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*Sales hike comes after Japan relaxes import rules. Japan soared to their highest in more than two years last week following Tokyo's decision to ease import rules related to the outbreak of mad cow disease in 2003, government data showed on Friday.
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*Eyes deals in Australia, Canada, Middle East and U.S. MADRID, Feb 22- Spanish infrastructure group Ferrovial is on the hunt for more acquisitions, ending a five-year drive to cut debt, as it seeks to diversify further from its crisis-hit domestic construction business.
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WASHINGTON, Feb 22- U.S. air travelers will face increased delays and potentially higher prices if cuts to the U.S. Transportation Department's budget go into effect on March 1 as part of planned across-the-board government reductions, the National Air Traffic Controllers Association said on Friday. It followed a White House briefing in which U.S.
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Options markets participants noted extremely unusual activity almost immediately after Warren Buffett's Berkshire Hathaway and Brazil's 3 G Capital said last Thursday that they would buy Heinz for $23 billion in cash.
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Federal Reserve is giving the public and financial firms an additional month to comment on a proposal that would subject foreign banks to tough new capital and liquidity requirements. Comments are now due on April 30, the Fed said in a statement on Friday.
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NEW YORK, Feb 22- Two top Federal Reserve officials expanded their defense of the U.S. central bank's asset-buying program, arguing on Friday that the policy helps the broader fiscal health of the United States.
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Feb 22- The U.S. Food and Drug Administration on Friday said it has notified healthcare professionals of a Class I recall, the most serious type, of an orthopedic device made by Johnson& Johnson. It was recalled because of the potential for fractures, the FDA said.
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Pointing to a string of glitches, from the May 6, 2010, "flash crash" to the technology debacles last year at Nasdaq OMX and Knight Capital, Aguilar called the failures unacceptable. The SEC has been reviewing whether to update market structure rules for the past several years.
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*Once criticized by Republicans, now heckled by Tiger Woods. Fresh off a weekend round of golf with his friend President Barack Obama and Tiger Woods, Kirk sounded wistful about leaving when there is hard work to do to finish talks on the Trans-Pacific Partnership, a U.S.-led free trade pact with 10 other countries in the Asia-Pacific region.
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Feb 22- Abercrombie& Fitch Co on Friday reported a drop in comparable sales during the holiday quarter on weakness at its overseas stores and in its Hollister chain, and the youth retailer warned of a sluggish start to the new fiscal year.
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*Hewlett-Packard rallies after results, lifting tech shares. NEW YORK, Feb 22- U.S. stocks rebounded on Friday as Hewlett-Packard, the largest personal computer maker, surged on strong results, but the S&P 500 index was on the way to end a streak of gains that has lasted seven straight weeks.
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LONDON, Feb 22- European shares rose on Friday in a broad-based rally as investors took advantage of the previous session's steep falls to pick up equities on the cheap, though traders cited some caution given weekend elections in Italy.
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LONDON, Feb 22- Britain said on Friday it hopes to set up a currency swap line with China soon to help finance trade, a move that will enhance London's drive to become a leading offshore centre for yuan trade.
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CHICAGO, Feb 22- U.S. soybean futures rose more than 1 percent on Friday to a 3-1/ 2- month high, gaining for the fifth straight day as top soybean importer China increased its purchases from the United States and Brazilian port workers went on strike. A fresh sale of U.S. soy to China rather than from Brazil boosted soybeans above the resistance level of $15 per bushel.
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BOSTON, Feb 22- Unknown hackers are trying to infect computers by capitalizing on strong interest in a recent report by a security firm that accuses the Chinese military of supporting widespread cyber attacks on U.S. companies.
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*BMO, RBC, UBS, Evercore, JPM, Jefferies, Credit Suisse raise price targets. "Although a number of businesses remain under pressure, the company's blocking and tackling is improving, and the likelihood of the bottom falling out appears diminished," UBS Investment Research analyst Steven Milunovich said in a note.
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MADRID, Feb 22- Spanish infrastructure company Ferrovial is on the hunt for more acquisitions as it seeks to diversify further from its crisis-hit domestic construction business. Ferrovial ran into debt trouble after scooping up BAA in 2006, but has since sold stakes in the company at a profit.
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MADRID, Feb 22- A bleaker-than-expected economic outlook from the European Commission on Friday will add pressure on Spanish Prime Minister Mariano Rajoy to review economic policy over the rest of his term, economists and European sources say.
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An airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.
Tuesday, 18 Jun 2013 | 12:47 PM ETSupply shortages and rising rates are positive for the real estate market, Colony Capital CEO Tom Barrack says.