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  • BRENT CRUDE OIL DOWN MORE THAN $1.50 AT 1601 GMT, SETS NEW LOW SINCE APRIL 2009 OF $49.25 A BARREL.

  • WASHINGTON, Jan 9- The regional Federal Reserve banks turned over a record $98.7 billion in profits to the U.S. Treasury in 2014, essentially recycling the earnings the central bank gets from the $4 trillion in securities it accumulated through three rounds of quantitative easing. The figure tops the $79.6 billion that the Fed's 12 regional banks paid back to...

  • TREASURIES-Prices inch up as U.S. wages drag Friday, 9 Jan 2015 | 10:58 AM ET

    NEW YORK, Jan 9- U.S. The five-cent drop in average hourly wages in December's employment data, which included a bigger-than-forecast increase in nonfarm payrolls and a decline in the U.S. unemployment rate to 5.6 percent, may delay a Fed rate hike. That keeps the Fed on hold; inflation is low, oil prices are low, the job market is improving but not in all the ways the Fed...

  • LONDON, Jan 9- The downgrading of Tesco's debt to "junk" status could limit its bargaining power on asset sales as well as symbolising the decline in fortunes of Britain's biggest retailer. That spoiled a day when Tesco's shares had risen as much as 15 percent after the grocer reported Christmas trading that was not as bad as feared and investors welcomed plans...

  • *Copper on track for biggest weekly fall since end-Nov. LONDON, Jan 9- Copper slipped to new 4-1/ 2 year lows on Friday on concern about oversupply after inventories climbed, though falls were limited by strong jobs growth in the United States that helped reinforce some confidence about the outlook for economic growth. Three-month copper on the London Metal...

  • Department of Mineral Resources Director Lynn Helms outlined breakeven rates for wells across the state and production projections for a range of prices in a presentation for the House Appropriations Committee of the State Legislature. Breakeven rates for new wells, the level at which all drilling would cease, range from $29 in Dunn county and $30 in...

  • NEW YORK, Jan 9- The Janus Global Unconstrained Bond Fund, which Pimco co-founder Bill Gross started managing in October, attracted $176 million of inflows in December, down considerably from an estimated $770 million in the previous month, according to Morningstar data released on Friday. Janus Capital Group Inc drew overall inflows of $440 million in...

  • Jan 9- Global pharmaceutical company Daiichi Sankyo Co Ltd has agreed to pay $39 million to the U.S. government and state Medicaid programs to settle claims it paid doctors kickbacks to prescribe its drugs, the Department of Justice said on Friday. "We are pleased to have finalized these agreements and remain focused on our core mission of helping people live...

  • LONDON, Jan 9- European shares were poised to post a loss in the first full trading week of 2015, weighed down by a slide in banks, led by Spain's Santander after its capital increase, and oil companies. Euro zone banks, down 5.2 percent, continued to weigh as expectations of a bond-buying programme from the European Central Bank cooled and heavyweight Santander...

  • WHITE HOUSE SAYS THE STATE DEPARTMENT WILL EXAMINE NEBRASKA COURT DECISION AS PART OF ITS REVIEW ON KEYSTONE XL PIPELINE.

  • WHITE HOUSE SAYS HOUSE OF REPRESENTATIVES BILL ON KEYSTONE XL CONFLICTS WITH PRESIDENTIAL AUTHORITY ON PIPELINE, OBAMA WILL VETO THAT BILL.

  • WHITE HOUSE SAYS WILL LET U.S.

  • Jan 9- Caesars Entertainment Corp said on Friday it has garnered enough support from key creditors to carry out its $18.4 billion debt restructuring plan for its operating unit, which will soon file for bankruptcy. The plan will reduce the debt associated with Caesars Entertainment Operating Co Inc to $8.6 billion from $18.4 billion. Caesars has been weighed...

  • FOREX-Dollar cuts losses on improving U.S. jobs data Friday, 9 Jan 2015 | 10:14 AM ET

    NEW YORK, Jan 9- The dollar cut its losses on Friday after better-than-expected U.S. jobs data for December left intact the case for the Federal Reserve to increase interest rates and give the greenback a further investment yield advantage. However, disappointment in the report came in the form of a five cent drop in average hourly earnings.

  • WASHINGTON, Jan 9- U.S. job growth increased briskly in December and the jobless rate dropped to a 6-1/ 2 year low, but wages slipped in the latest sign a tightening labor market has yet to give much of a boost to workers. Nonfarm payrolls increased 252,000 last month after an upwardly revised 353,000 jump in November, the Labor Department said on Friday.

  • Jan 9- XL Group Plc said it would buy underwriter Catlin Group Ltd for about 2.79 billion pounds, increasing the Dublin- based insurer's share of business written in the Lloyd's of London market to nearly 10 percent. "We are forecasting that we will, at a minimum, have about $200 million in cost savings across the two organisations when they are combined," XL Chief...

  • OTTAWA, Jan 9- Canada on Friday welcomed a Nebraska court decision on the Keystone XL pipeline, which it said cleared the way for Washington to finish deciding whether to approve the project. "This now clears the way for the State Department to complete the process," said Chris McCluskey, spokesman for Natural Resources Minister Greg Rickford.

  • *Bed, Bath& Beyond stumbles after results, outlook. NEW YORK, Jan 9- U.S. stocks edged lower on Friday, after a two-day rally in equities put the S&P 500 back in positive territory for the new year as investors assessed a stronger-than-expected monthly payrolls report. "What we are seeing is a tug of war between the worries about slowing global growth and whether...

  • WASHINGTON, Jan 9- U.S. wholesale inventories recorded their largest increase in seven months in November and October's stocks were revised higher, suggesting restocking may boost fourth-quarter growth. The Commerce Department said on Friday wholesale inventories rose 0.8 percent, despite an energy price-related decline in the value of petroleum stocks.

  • *To Potami battling for third place in Jan 25 vote. ATHENS, Jan 9- Journalist-turned-politician Stavros Theodorakis is shaping up as a possible kingmaker after Greece's general election. A fortnight before the Jan. 25 vote, To Potami lies third in most opinion polls, behind the anti-bailout Syriza and the ruling conservative New Democracy party, which has...