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  • QUEBEC CITY, Quebec, March 26- The Canadian province of Quebec said on Thursday it will balance its books in 2015-16 following six consecutive years of deficits and vowed to continue to control government spending in the years ahead. Quebec Finance Minister Carlos Leitao reiterated his forecast for a deficit of C $2.35 billion in fiscal year 2014-15, ending...

  • Google to pay new CFO annual base salary of $650,000 Thursday, 26 Mar 2015 | 4:54 PM ET

    March 26- Google Inc said it would pay its new chief financial officer an annual base salary of $650,000 and a special one-time $5 million sign-on bonus.

  • U.S. aluminum price-fixing lawsuit can go forward-judge Thursday, 26 Mar 2015 | 4:49 PM ET

    NEW YORK, March 26- A U.S. judge on Thursday refused to dismiss antitrust litigation accusing a variety of Wall Street banks and commodity merchants of conspiring to drive up aluminum prices by reducing supply. District Judge Katherine Forrest in Manhattan said aluminum purchasers may pursue claims against several defendants, including affiliates of...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies. The Saudi military operation against the Iran- backed...

  • NEW YORK, March 26- Olympus Corp, the largest maker of a medical device at the center of recent U.S. superbug outbreaks, issued new cleaning instructions for its equipment on Thursday, urging health providers to adopt them "as soon as possible." The U.S. Food and Drug Administration does not recommend that patients forego procedures until the brushes are shipped out,...

  • NEW YORK, March 26- Wireless venture LightSquared on Thursday concluded three years of litigation with creditors, securing U.S. Bankruptcy Court approval of a plan to end its Chapter 11 case and repay in full its largest creditor, Dish Network Corp Chairman Charles Ergen. Under the plan greenlighted by Judge Shelley Chapman in U.S. Bankruptcy Court in New York,...

  • GameStop revenue falls on weak demand for hardware Thursday, 26 Mar 2015 | 4:14 PM ET

    March 26- GameStop Corp, the world's largest retailer of video game products, reported a 5.6 percent drop in quarterly revenue, hurt by lower hardware demand during the holiday shopping season. Net income rose to $244.1 million, or $2.23 per share, in the fourth quarter ended Jan. 31 from $220.5 million, or $1.89 per share, a year earlier. Total global sales fell to...

  • FUNDVIEW-Pre-IPO tech fund returns 28 pct in first year Thursday, 26 Mar 2015 | 4:14 PM ET

    March 26- The first mutual fund giving mom-and-pop investors easy access to the private market for tech startups turned a year old this week, capping a year of big gains and raising the question for would-be buyers: Is this a good deal or a danger? For $2,500, anyone can buy into the $32 million SharesPost 100 Fund, and get a portfolio of roughly 20 tech companies three...

  • March 26- New Jersey lawmakers sent a bill to Governor Chris Christie on Thursday that calls for more money from environmental settlements to fund cleanups. The legislation came after the Christie administration announced a controversial $225 million deal with Exxon Mobil Corp on March 5 over environmental contamination from two of its former New Jersey...

  • NEW YORK, March 26- The U.S. dollar was on track for its biggest one-day gain against the euro in a week on Thursday after traders reestablished bullish bets on the dollar following recent weakness in the currency. Analysts said traders stepped in to repurchase the greenback after the euro hit $1.10525 earlier in the session, its highest since it hit a nearly...

  • NEW YORK, March 26- U.S. stocks fell for a fourth straight session on Thursday, but indexes ended well off session lows with support from economic data and earnings, including Accenture's.

  • The report cited a "stark disconnect" between the Air Force and SpaceX, or Space Exploration Technologies, about the purpose of the certification process and recommended changes. Air Force Secretary Deborah James ordered the review after the service missed a December deadline for certifying SpaceX to compete for some launches now carried out solely by...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • INTERVIEW-Iraq oil minister sees $70 crude by end 2015 Thursday, 26 Mar 2015 | 3:33 PM ET

    BAGHDAD, March 26- Iraq's Oil Minister Adel Abdel Mehdi predicted world oil prices could reach $70 a barrel by the end of 2015 and played down the impact of the emerging conflict in Yemen on prices. A global slump in oil prices has slashed government revenue in Iraq, prompting the OPEC producer to renegotiate contracts with oil majors as it faces a costly military...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies. Pakistan, a Riyadh ally far away from the conflict, promised a "...

  • NEW YORK, March 26- Leon Cooperman's Omega Advisors Inc told clients earlier this week that it has been subpoenaed by federal prosecutors and regulators seeking information about its trading activities in certain securities, according to a letter seen by Reuters on Thursday. Attorney's office in New Jersey and the U.S. Securities and Exchange Commission.

  • NEW YORK/ LONDON, March 26- Gold pared gains after hitting a 3-1/ 2- week high on Thursday, after a knee-jerk reaction to escalating tensions in the Middle East knocked stocks and drove investors into assets viewed as lower-risk, such as bullion and German bonds. Stock markets worldwide were knocked lower and oil prices jumped after Saudi Arabia and its allies...

  • WILMINGTON, Del., March 26- RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale. RadioShack, which filed for bankruptcy last month, told a U.S. An attorney for Salus Capital Partners, which is owed $150 million and is RadioShack's...

  • ZURICH, March 26- Switzerland's currency is still significantly overvalued and the Swiss National Bank is prepared to intervene in the foreign exchange market if necessary, SNB bank board member Fritz Zurbruegg said on Thursday. In a speech in Zurich, he also defended the central bank's shock decision in January to abandon its three-year-old cap on the franc,...

  • BOGOTA, March 26- Gone were the party balloons emblazoned with Ecopetrol's logo at the shareholder meeting of Colombia's state oil company on Thursday. For Ecopetrol shareholders, that meant being greeted with a cheese sandwich, a plastic pen and a copy of results detailing its first quarterly loss in years. "This has me so worried; I have a big part of my savings...