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  • Nov 20- Data analytics software maker Splunk Inc reported a better-than-expected 48 percent jump in quarterly revenue as it added more customers. Splunk, which uses a Google- like interface that makes it easy to search and navigate a company's database, said revenue rose to $116 million from $78.6 million in the third quarter ended Oct. 31. Splunk said net loss...

  • Separate studies to be undertaken by the Fed's Washington- based Board of Governors and its Office of Inspector General are meant to ensure that "divergent views" about the state of large banks are adequately aired. The issue will be the focus of a Senate Banking committee hearing on Friday that features New York Fed President William Dudley as the chief witness.

  • GLOBAL MARKETS-Wall St rises, yen hits 7-year low Thursday, 20 Nov 2014 | 4:44 PM ET

    *Treasuries' price gains dulled by Alibaba bond deal. NEW YORK, Nov 20- World stock markets slipped on Thursday on signs the Chinese and European economies were cooling, while Japan's yen slid to seven-year lows against the dollar amid expectations of more Japanese stimulus. The China flash HSBC/ Markit manufacturing purchasing managers' index showed factory...

  • *Intel shares up after upbeat outlook. NEW YORK, Nov 20- The Dow and S&P 500 finished at record highs on Thursday as data showed further strength in the U.S. economy and Intel gave an upbeat forecast. Boosting all three major indexes, Intel shares jumped 4.7 percent to $35.95, hitting their highest level since January 2002, after its 2015 revenue outlook was above Wall...

  • GM shuffles top managers, including high-ranking women Thursday, 20 Nov 2014 | 4:36 PM ET

    DETROIT, Nov 20- General Motors Co reassigned four senior executives, including two high-ranking women, and announced the departure of another on Thursday. GM said Mary Chan has resigned as vice president, global connected consumer, effective March 31. Her duties, including responsibility for GM's OnStar communications network, will be assumed by Alicia...

  • Nov 20- Bill Gross just got a huge vote of confidence from legendary investor George Soros. Soros Fund Management LLC, which Soros chairs, has invested $500 million in an account run by Gross at Janus Capital Group Inc, the Denver- based firm said on its website on Thursday. Soros Fund Management approached Gross after he resigned from Pimco in late September, a...

  • Gap revenue misses estimate Thursday, 20 Nov 2014 | 4:30 PM ET

    Nov 20- Apparel retailer Gap Inc reported lower-than-expected quarterly revenue, hurt by a 5.5 percent fall in the U.S. sales of its namesake brand. The company, which also owns the Banana Republic and Old Navy brands, said net sales fell slightly to $3.97 billion in the third quarter from $3.98 billion from a year earlier. Net income rose to $351 million, or 80 cents...

  • Gap lowers outlook as revenue misses; shares fall Thursday, 20 Nov 2014 | 4:28 PM ET
    Sale signs in the windows of a GAP store.

    Gap shares fell in extended-hours trading on Thursday after the clothing retailer missed revenue expectations and lowered its full-year guidance.

  • Autodesk revenue rises on higher software sales Thursday, 20 Nov 2014 | 4:28 PM ET

    Nov 19- Autodesk Inc reported an 11 percent rise in quarterly revenue, helped by higher sales of its computer-aided design software. Net income fell to $10.7 million, or 5 cents per share, in the third quarter ended Oct. 31, from $57.6 million, or 25 cents per share, a year earlier. Revenue rose to $618 million from $555.2 million.

  • Nov 20- Blackstone Group LP, the world's largest alternative asset manager, said it will buy residential assets in Japan from GE Japan Corp for more than 190 billion yen. The business owns and operates more than 200 residential properties in Tokyo, Osaka, Nagoya and Fukuoka. "This transaction supports our global strategy to reduce our equity book as we continue to...

  • WASHINGTON, Nov 20- The U.S. Commerce Department on Thursday set duties on imports of rail and road transport containers from China after finding the goods were sold below cost in the United States. In 2013, about $184 million worth of such containers were imported from China. The duties, which must still be confirmed in a final decision by the Commerce Department...

  • Nov 20- Chipmaker Marvell Technology Group Ltd reported lower-than-expected quarterly revenue, hurt by weak demand for its chips used in third-generation mobile communications. The company's net income rose to $115 million, or 22 cents per share, in the third quarter ended Nov. 1, from $103 million, or 21 cents per share, a year earlier. Revenue fell slightly to...

  • WASHINGTON, Nov 20- New York Federal Reserve President William Dudley defended the system for supervising major banks, saying it has been dramatically improved and made safer since the 2007-2009 financial crisis. In testimony prepared for a Senate Banking Committee hearing on Friday but released on Thursday, Dudley said "it is undeniable that banking...

  • District Judge Naomi Reice Buchwald in Manhattan, however, said nearly all claims in the 322- page complaint should be dismissed because they were brought too late. Among the defendants are production and distribution company FremantleMedia NA, which is part of Bertelsmann's RTL Group; producer Nigel Lythgoe; Fox parent Twenty-First Century Fox Inc,...

  • Assassin's Creed Unity delay hurts GameStop's revenue Thursday, 20 Nov 2014 | 4:15 PM ET

    Nov 20- GameStop Corp, the world's largest retailer of video game products, reported a marginal fall in quarterly revenue, hurt by the delayed release of action game Assassin's Creed Unity. Net income dropped to $56.4 million, or 50 cents per share, in the third quarter ended Nov. 1, from $68.6 million, or 58 cents per share, a year earlier. The Grapevine, Texas- based...

  • U.S. Fed launches review of supervision of major banks Thursday, 20 Nov 2014 | 4:15 PM ET

    WASHINGTON, Nov 20- The U.S. Federal Reserve has launched a review of how it oversees major banks, calling on its inspector general to help with the probe after a series of critical reports. Separate studies to be carried about by the Fed's Washington- based Board of Governors and its Office of Inspector General are meant to ensure that "divergent views" about the...

  • Nov 20- Delta Air Lines Inc confirmed on Thursday a $14 billion order for 50 widebody jets from Airbus Group NV, a victory for the European planemaker that replaces older generation aircraft from Boeing Co in Delta's fleet. It follows a closely fought competition with Boeing, which had offered its 787 Dreamliner. Airbus emerged as the front-runner in part after...

  • Splunk's revenue jumps 48 pct on customer additions Thursday, 20 Nov 2014 | 4:09 PM ET

    Nov 20- Data analytics software maker Splunk Inc reported a 48 percent jump in quarterly revenue as it added more customers. The net loss attributable to Splunk widened to $48.6 million, or 40 cents per share, from $16.6 million, or 16 cents per share, a year earlier. Revenue rose to $116 million from $78.6 million.

  • NEW YORK, Nov 20- U.S. stocks ended slightly higher on Thursday, pushing the Dow and S&P 500 to fresh record closing highs, as data showed further strength in the U.S. economy and Intel gave an upbeat forecast.

  • BEIJING, Nov 21- China plans to revamp the scheme it uses to allocate quotas for agricultural imports, as part of efforts to stamp out corruption and to rein in record state grain stockpiles, according to government and industry sources. The low-tariff quotas, which are sanctioned under China's membership of the World Trade Organisation, are allocated to...