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  • *Yellen to defend Fed rate hikes in Congress. Feb 9- U.S. stocks ended a volatile session barely lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices. Shares of Anadarko Petroleum dropped 7 percent to $37.24.

  • Disney shares fell 2.7 percent to $89.75 in after-hours trading. The media networks unit that includes sports network ESPN, the Disney Channels and ABC recorded a 5.6 percent decline in operating income to $1.41 billion, due mainly to higher programming costs at ESPN, which offset an increase in advertising revenue. That took the shine off a blockbuster launch...

  • NEW YORK, Feb 9- U.S. oil and gas pipeline companies including Williams Companies Inc and Kinder Morgan Inc have contracts worth billions of dollars that might be at risk as Chesapeake Energy Corp aims to slash its debts amid collapsing energy prices. But with oil prices at their lowest in 12 years due to a global supply glut with OPEC unwilling to slow production,...

  • Shares of Akamai, whose customers include EMC Corp, MTV Networks and Autodesk Inc, rose 9 percent to $44.66 in after hours trading on Tuesday. Net income fell to $88.4 million, or 49 cents per share, in the fourth quarter ended Dec. 31 from $97.1 million, or 54 cents per share, a year earlier. Revenue rose to $579.2 million from $536.3 million, above average analyst...

  • Feb 9- Media company Walt Disney Co reported a 13.8 percent jump in quarterly revenue, driven by the blockbuster release of "Star Wars: The Force Awakens". Revenue rose to $15.24 billion in the first quarter ended Jan. 2 from $13.39 billion a year earlier, the company said on Tuesday. Quarterly net income rose to a record $2.88 billion, or $1.73 per share, from $2.18...

  • Feb 9- Residential solar panel installer SolarCity Corp reported a quarterly profit, compared with a loss a year earlier, driven by higher panel installations. SolarCity, which counts Tesla Motors Inc CEO Elon Musk among its investors, said net earnings attributable to its shareholders was $4.6 million, or 4 cents per share, in the fourth quarter ended Dec. 31, from...

  • Feb 9- Oil and gas producer Anadarko Petroleum Corp slashed its quarterly dividend by 82 percent on Tuesday, preserving cash at a time when sliding oil prices have fueled losses. The cut will save about $450 million annually, the company said. Anadarko said it would issue a first-quarter payout of 5 cents, down from 27 cents last quarter.

  • TORONTO, Feb 9- Canada's main stock index tumbled on Tuesday as falling crude oil prices weighed on its energy and financial sector stocks. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 252.75 points, or 2.02 percent, at 12,282.65. It was the index's lowest close since Jan. 25.

  • The company also announced a $1 billion share buyback program. Net income fell to $88.4 million, or 49 cents per share, in the fourth quarter ended Dec. 31 from $97.1 million, or 54 cents per share, a year earlier. Revenue rose to $579.2 million from $536.3 million.

  • BOSTON, Feb 9- Hedge fund manager William Ackman, who has a $1 billion short bet on Herbalife stock, on Tuesday released a video of former Herbalife sellers claiming the company misled them. Herbalife shares on Tuesday opened flat then rose 2.6 percent to $44.55. Ackman's firm, Pershing Square Capital Management, posted the video on its website...

  • NEW YORK, Feb 9- U.S. stocks ended a volatile session down slightly on Tuesday as a late-day rally by materials and healthcare shares offset another big drop in oil prices.

  • Feb 9- General Motors Co said Tuesday it is recalling 473,000 pickups and SUVs in North America because brake pedals could fail due to a faulty nut. The Detroit automaker is calling back 426,573 2015-16 Chevrolet Silverado HD, GMC Sierra HD, and Chevrolet Tahoe police vehicles in the United States and 46,837 in Canada. GM says the brake pedal pivot nut may become...

  • NEW YORK, Feb 9- U.S. "The mood in the market is very much' sell today, ask questions later' which is a boost for Treasuries and that flight to safety is led by fear," said Gennadiy Goldberg, interest rate strategist at TD Securities in New York. "Stocks found a bottom so Treasuries are adjusting and trading in line with that, but investors are still skittish," said Stanley Sun,...

  • NEW YORK, Feb 9- Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/ 2- year lows hit last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weak equities also pressured prices. "The longs got out, the shorts jumped back in and there was possibly a whole lot of hedging by producers...

  • NEW YORK, Feb 9- The chief investment officer of Apex Capital is departing to launch a new technology-focused hedge fund, causing a restructuring of his old firm, according to a letter sent to Apex clients and a person familiar with the situation. That new firm is SoMa Equity Partners, and will led by current Apex chief investment officer Gil Simon.

  • EXCLUSIVE: DEPARTURE OF CIO PROMPTS RESTRUCTURING OF APEX- LETTER.

  • EXCLUSIVE: APEX CAPITAL CIO DEPARTS TO LAUNCH TECH-FOCUSED HEDGE FUND- LETTER.

  • *India ruled Monday against differential data pricing. *Regulators in other Free Basics markets may follow India. "Not only because India was expected to be such a critical piece of the overall Internet.org success story, but more so because it has potential dangerous knock-on effects for the universal access initiative in other markets."

  • SAN FRANCISCO, Feb 9- Global economic uncertainty and worries about weak spending on information technology are forcing investors in cloud computing stocks and related enterprise companies to take a reality check. That's the mentality of technology investors right now, "said Michael James, managing director of equity trading at Wedbush Securities in Los...

  • MEXICO CITY, Feb 9- Mexico's peso fell to a record low on Tuesday and Colombia's peso sank as a sharp drop in oil prices and growing fears of a global slowdown pushed investors to safe-haven currencies like the Japanese yen. Mexico's peso shed more than 0.7 percent, paring losses slightly after tumbling to a record low of 18.9350 per dollar, while Colombia's peso...