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  • Delta Air Lines posts 4th-qtr loss after fuel hedging Tuesday, 20 Jan 2015 | 8:09 AM ET

    Jan 20- Delta Air Lines Inc said on Tuesday it lost $712 million last quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates. For the fourth quarter, the Atlanta- based carrier lost 86 cents per diluted share, including a $1.2 billion charge for mark-to-market adjustments on fuel hedges, which Delta had previously...

  • LONDON, Jan 20- Britain's financial regulator has fined Reckitt Benckiser for not informing the market properly about share trading by two senior executives, in the latest crackdown on disclosure failures by London- listed firms. Consumer goods producer Reckitt failed to monitor the internal share dealings of the executives, leading to late and incomplete...

  • MUTUAL FUND INVESTOR IN GOOGLE, HOLDING $7.06 BLN OF ITS STOCK AT END OF NOVEMBER.

  • CONTRAFUND MANAGER DANOFF SAYS GOOGLE'S SHORT-TERM PERFORMANCE COULD REMAIN CHOPPY.

  • CONTRAFUND SAYS INVESTORS DIGESTING INCREASED SPENDING ON DATA CENTERS AND INITIATIVES NOT TIED TO CORE SEARCH BUSINESS.

  • FIDELITY'S CONTRAFUND SAYS TRIMMED STAKE IN GOOGLE, ITS LARGEST HOLDING- Q4 FUND DISCLOSURE.

  • J&J's profit beats estimates on sales of new drugs Tuesday, 20 Jan 2015 | 8:00 AM ET

    Jan 20- Johnson& Johnson reported a slightly better-than-expected quarterly profit as surging sales of new drugs and mainstay older brands offset weak demand for medical devices and consumer healthcare products. The company's earnings fell to $2.52 billion, or 89 cents per share, in the fourth quarter from $3.52 billion, or $1.23 per share, a year earlier.

  • Strong dollar could scare tourists away from U.S. Tuesday, 20 Jan 2015 | 8:00 AM ET

    Jan 20- New York restaurant owner Jeremy Merrin has seen business droop in recent weeks at his Havana Central eatery in Times Square. International tourists to the United States spend more than $200 billion annually on travel, hotels, dining and shopping, but growth in 2015 is expected to decelerate as would-be visitors balk at the stronger dollar and grapple...

  • Jan 20- Oilfield service providers Baker Hughes Inc and Halliburton Co posted better-than-expected quarterly profits on resilient demand, but warned that a fall in drilling activity due to weak oil prices would hurt results in 2015.. Halliburton, which is buying Baker Hughes in a $35 billion deal, said it took a $129 million restructuring charge in the fourth...

  • WARSAW, Jan 20- Polish Prime Minister Ewa Kopacz ordered an investigation on Tuesday into local banks' offering of mortgage loans in Swiss francs, a practice which has put 550,000 Polish homeowners at the mercy of financial markets since the franc surged last week. Separately, the heads of major banks were due to meet the finance minister, regulators and Central...

  • MOSCOW, Jan 20- Oil services giant Schlumberger plans to buy a 45.65 percent stake in Eurasia Drilling for about $1.7 billion, potentially paving the way for it to become the sole owner of Russia's most active oilfield services company. The multi-stage deal announced by the companies on Tuesday will see U.S. group Schlumberger, which has been in a strategic...

  • But focusing too hard on the pipeline, a frequent tactic of technology firms seeking to change their workforce, will benefit the chipmaker less than working on what happens inside Intel, diversity advocates say. Chief Executive Officer Brian Krzanich surprised a mostly male crowd at the Consumer Electronics Show in Las Vegas by unveiling a 2020 goal for Intel...

  • *China economy grew 7.4 percent in 2014, weakest in 24 years. London, Jan 20- Brent crude oil prices steadied around $49 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. BNP Paribas analyst Harry Tchilinguirian said the IMF forecast cut was widely expected.

  • Morgan Stanley profit rises as legal costs fall Tuesday, 20 Jan 2015 | 7:23 AM ET

    Jan 20- Morgan Stanley's quarterly earnings rose as the bank's legal costs fell sharply, outweighing a big drop in revenue from its division that trades bonds, currencies and commodities. Choppy markets caused by factors ranging from plunging oil prices to political upheaval in Greece, sent investors scurrying last month, slashing the trading revenue of U.S....

  • *China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • Strong North America demand drives Halliburton profit Tuesday, 20 Jan 2015 | 7:09 AM ET

    Jan 20- Halliburton Co, the world's No. 2 oilfield services provider, reported a 14 percent rise in fourth-quarter profit, helped by strong demand for its services in North America. Net income attributable to the company rose to $901 million, or $1.06 per share, in the quarter ended Dec. 31 from $793 million, or 93 cents per share, a year earlier. Halliburton entered a...

  • Jan 20- Shake Shack Inc, a burger chain that grew out of a hot dog stand in New York's Madison Square Park, said it expected its initial public offering to be priced at $14- $16 per share, valuing the company at up to $568 million. The offering follows a string of successful IPOs by casual dining chains last year, including Habit Restaurants Inc, El Pollo Loco Holdings Inc...

  • US STOCKS-Futures up; oil falls on lower IMF forecasts Tuesday, 20 Jan 2015 | 7:06 AM ET

    *Oil lower again, Halliburton set to report results. *FXCM shares plummet 80 percent, details loan agreement. NEW YORK, Jan 20- U.S. stock index futures rose modestly on Tuesday as lower growth forecasts from the International Monetary Fund spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement.

  • Jan 20- Baker Hughes Inc posted a better-than-expected quarterly profit on resilient demand but the oilfield services company warned that recent declines in rig counts due to low oil prices would "clearly affect" results in 2015.. The number of rigs drilling for oil in the United States fell by 55 to 1,366 last week, the second-sharpest weekly drop in 24 years,...

  • DUBAI, Jan 20- National Bank of Kuwait reported a 46.4 percent rise in fourth-quarter net profit on Tuesday, but fell short of analyst forecasts after it failed to book a gain from its sale of a stake in International Bank of Qatar. EFG Hermes had forecast a net profit of 60.2 million dinars in the period, while Global Investment House had forecast 88.3 million...