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  • The world's largest jetliner maker earned $1.03 billion, or $1.51 per share, in the fourth quarter ended Dec.31, down from $1.47 billion, or $2.02 per share, a year earlier. Core earnings, which exclude some pension and other costs, fell to $1.60 per share from $2.31. Revenue fell about 4 percent to $23.57 billion.

  • The company cut its 2016 profit forecast to $5.70- $6.20 per share from $5.90- $6.40. It reduced its sales guidance to $5.9 billion from $6.00 billion. The company's net income fell to $185.5 million, or $1.40 per share, in the quarter ended Dec. 31, from $214.2 million, or $1.56 per share, a year earlier.

  • Jan 27- SunEdison Inc added a former partner from David Einhorn's Greenlight Capital to its board, bowing to pressure from the hedge fund, which has sought a sale of the solar company or some of its assets. Shares of the company, which is also under attack from David Tepper's Appaloosa Management LP, rose about 1 percent to $3.09 in premarket trading on Wednesday.

  • Jan 27- Biogen Inc's fourth-quarter revenue rose 7.5 percent, driven by higher demand for its key oral multiple sclerosis drug Tecfidera. Net income attributable to the U.S. biotechnology company fell to $831.6 million, or $3.77 per share, in the fourth-quarter ended December 31, from $883.5 million, or $3.74 per share, a year earlier. Total revenue rose to $2.84...

  • Jan 27- Medical device maker St. Jude Medical Inc's quarterly profit more than halved as sales in its cardiac rhythm management business continued to fall. For the fourth quarter ended Jan.2, earnings attributable to the company fell to $113 million, or 39 cents per share, from $245 million, or 84 cents per share a year earlier.

  • Jan 27- U.S. stock index futures were lower on Wednesday after oil prices gave up gains and Apple's disappointing forecast. *Apple's shares were down 3.5 percent at $96.51 premarket after the company forecast its first revenue drop in 13 years and saw its slowest-ever rise in iPhone shipments as the slowdown in China hit sales. *AT&T was down 2.4 percent at $34.55...

  • *Ukraine sitting on "powder keg" of more attacks. Jan 27- Hackers were able to attack four sections of Ukraine's power grid with malware late last year because of basic security lapses and they could take down other industrial facilities at any time, a consultant to government investigators said. Three power cuts reported in separate areas of western and central...

  • Jan 27- Data storage products maker EMC Corp reported a marginal 0.5 percent fall in quarterly revenue due to lower sales in its traditional data-storage business and a strong dollar. Net income attributable to EMC fell to $771 million, or 39 cents per share, in the fourth quarter ended Dec. 31, from $1.15 billion, or 56 cents per share, a year earlier.

  • STUTTGART, Jan 27- German auto supplier Robert Bosch said it had launched an internal probe to investigate whether any of its staff were involved in a scandal over the rigging of automotive emissions tests that has engulfed Volkswagen. Stuttgart- based Bosch, which released preliminary full-year earnings on Wednesday, makes an engine management programme...

  • DUBLIN, Jan 27- Andrew Bailey, the incoming head of Britain's Financial Conduct Authority, promised on Wednesday to listen carefully to the industry when he starts later this year as the regulatory tone towards banks softens. Bailey, a deputy governor at the Bank of England where he heads its Prudential Regulation Authority banking supervision department,...

  • Revenue fell to $14.30 billion in the fourth quarter ended Dec. 31, from $14.98 billion a year earlier. The maker of Pratt& Whitney aircraft engines and Otis elevators said net income attributable to common shareowners rose to $3.28 billion, from $1.47 billion a year earlier. UTC reported 30 cents per share loss from continuing operations, compared with earnings...

  • Jan 27- Factory automation systems maker Rockwell Automation Inc reported a 13.4 percent drop in first-quarter profit, hurt by slowing industrial demand in the United States. The company's net income fell to $185.5 million, or $1.40 per share, in the quarter ended Dec. 31, from $214.2 million, or $1.56 per share, a year earlier. On an adjusted basis, Rockwell earned...

  • MILAN, Jan 27- Fiat Chrysler Automobiles reported a better than expected rise in fourth-quarter operating profit on Wednesday as strong results from North America and improving operations in Europe offset weakness in Latin America and Asia. FCA, the world's seventh-largest carmaker, forecast an adjusted operating profit of more than 5 billion euros and net...

  • BANGKOK, Jan 27- Thailand plans to sell 300,000 tonnes of rice to Iran and a trade delegation will visit the country next week to seek more opportunities following the lifting of international sanctions, government officials said on Wednesday. Thailand is one of the world's top rice exporters and one of the first deals with Iran will be for grain supplies.

  • Jan 27- U.S. solar company SunEdison Inc, which has been under pressure from David Einhorn's hedge fund Greenlight Capital to sell some of its assets or even the entire company, added a former partner from the hedge fund to its board. Claire Gogel will join SunEdison's board as an independent director, effective immediately, the company said on Wednesday.

  • Jan 27- Textron Inc reported a 4.2 percent fall in quarterly revenue, hurt by lower sales of its King Air turboprops. The company, which also makes Beechcraft and Cessna planes and Bell helicopters, said it expected a profit of $2.60 to $2.80 per share in 2016. Textron said its net income rose to $226 million, or 82 cents per share, in the quarter ended Jan. 2, from $212...

  • BRUSSELS, Jan 27- European Union regulators fined Japan's Mitsubishi Electric and Hitachi Ltd 137.8 million euros on Wednesday for fixing prices of car parts. The European Commission said the cartel for alternators and starters operated between September 2004 and February 2010, when Mitsubishi Electric, Hitachi and Denso coordinated responses to tenders...

  • BAGHDAD, Jan 27- Iraq is ready to take part in an extraordinary OPEC meeting and even reduce its fast growing output if all OPEC and non- OPEC members agree- a deal which at this stage seems elusive, the country's finance minister said. Venezuela has also called for a meeting of OPEC and non- OPEC nations in February. "Iraq is a founding member of OPEC, so we will definitely...

  • *Russia proposal to cut wheat tax cools talk of export curbs. PARIS/ SYDNEY, Jan 27- U.S. wheat edged lower on Wednesday to come off a one-month high as a renewed slide in oil and equities hurt overall markets sentiment, and a proposal by Russia's farm ministry to cut a wheat export tax tempered speculation about export restrictions. Corn and soybeans were little...

  • LONDON, Jan 27- Oil futures fell on Wednesday, after a surprise rise in U.S. inventories wiped out the optimism that had built up the day before over the potential for the world's largest exporters to cut output enough to stem a 19- month-long price slide. Oil prices bounced on Tuesday after senior OPEC and Russian officials stepped up vague talk of possible joint...