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  • French court of appeal upholds Kerviel conviction Wednesday, 19 Mar 2014 | 9:16 AM ET

    PARIS, March 19- France's highest court of appeal upheld former Societe Generale trader Jerome Kerviel's criminal conviction and three-year jail sentence over massive market bets that brought the French bank to the brink of collapse in 2008..

  • March 19- KB Home, the fifth-largest U.S. homebuilder, reported a quarterly profit compared with a year-earlier loss as it closed deals at higher prices, sending its shares up 7.5 percent in premarket trading.

  • *FedEx and Oracle fall after results, Adobe higher. *The S&P 500 looked to open near record levels despite sour notes sounded by weak results from FedEx Corp, an economic bellwether, and Oracle Corp.. *FedEx posted third-quarter results that were below expectations and gave a weak full-year profit forecast, saying it had been significantly hurt by winter storms.

  • MUNICH, March 19- German luxury carmaker BMW is looking at raising production capacity at its plant in the United States and releasing 12 new models as it chases record sales and a rise in pretax profit of up to 10 percent this year.

  • March 19- The U.S. Justice Department has reached a settlement of more than $1 billion with automaker Toyota Motor Corp, stemming from its handling of consumer complaints over unintended vehicle acceleration, a person briefed on the matter said.

  • WASHINGTON, March 19- Florida and other U.S. states will join the Justice Department in seeking to determine if Comcast's plan to merge with Time Warner Cable is legal under U.S. antitrust law, Florida said in a statement to Reuters. Erin Reece, a spokeswoman for the Indiana attorney general's office, did not indicate if Indiana was part of the multistate group.

  • BioMerieux to look at Siemens microbiology unit -CEO Wednesday, 19 Mar 2014 | 8:55 AM ET

    *BioMerieux to study it, not actively looking to buy yet-CEO. *BioMerieux also hopes to grow in DNA sequencing, industrial apps. PARIS, March 19- French diagnostics specialist BioMerieux will look at the microbiology unit Siemens is considering selling, BioMerieux's Chief Executive told Reuters.

  • LONDON, March 19- British finance minister George Osborne announced upgrades to the country's economic growth in 2014 and 2015 on Wednesday with new projections that could give the government a boost ahead of elections next year.

  • LONDON, March 19- British finance minister George Osborne announced upgrades to the country's economic growth in 2014 and 2015 on Wednesday with new projections that could give the government a boost ahead of elections next year.

  • Russia's seizure of Ukraine's Crimea region has revived doubts about whether the European Union should continue to rely on Russia for nearly a third of its gas, providing Gazprom with an average of $5 billion per month in revenues.

  • KB Home posts profit, higher orders Wednesday, 19 Mar 2014 | 8:46 AM ET

    March 19- KB Home, the fifth-largest U.S. homebuilder, reported a quarterly profit compared with a year-earlier loss and said new home orders rose. Net income was $10.6 million, or 12 cents per share, in the first quarter ended Feb. 28 compared with a loss of $12.5 million, or 16 cents per share, a year earlier. New home orders rose 6 percent to 1,765 units.

  • Britain bumps up growth forecasts for 2014 and 2015 Wednesday, 19 Mar 2014 | 8:40 AM ET

    LONDON, March 19- Britain's government announced a further upgrade to official economic growth projections on Wednesday, following signs the recovery has continued into the first months of this year.

  • MADRID, March 19- Strong sales so far this year and a planned pick up in store openings suggest Inditex, the world's biggest fashion retailer, is returning to form after profit growth stalled last year for the first time since its 2001 listing.

  • WASHINGTON, March 19- Florida is part of a "multistate group" that will join the U.S. Justice Department in evaluating if Comcast Corp's plan to merge with Time Warner Cable Inc. is legal under U.S. antitrust law, Florida said in a statement to Reuters.

  • WASHINGTON, March 19- The U.S. current account deficit tumbled to a 14- year low in the fourth quarter as exports touched a record high, a government report showed on Wednesday. The Commerce Department said the current account gap, which measures the flow of goods, services and investments into and out of the country, narrowed to $81.1 billion.

  • Federal Reserve policy decision than the continuing military tensions between Ukraine and Russia. This shift in focus towards the Fed away from geopolitical concerns over Russia and Ukraine put a floor under stocks, which had opened lower following a strong start to the week.

  • STATES JOIN JUSTICE DEPARTMENT IN PROBING COMCAST'S PLAN TO MERGE WITH TIME WARNER CABLE.

  • *Snam agrees to buy CDP stake in TAG pipeline. *Snam to invest 6 bln euros to 2017. MILAN, March 19- Snam, one of Europe's biggest gas transport groups, has agreed to buy a majority stake in the TAG gas pipeline carrying Russian gas into Italy as part of its drive to integrate Europe's patchwork of gas grids.

  • OTTAWA, March 19- Canada's energy minister, Joe Oliver, will be sworn in on Wednesday as the country's new finance minister, a government official familiar with the process said, signaling a stay-the-course approach to fiscal policy.

  • DOHA, March 19- Qatar has issued a new tender for phase one of its Doha Metro, a key infrastructure project in the Gulf country as it prepares to host the 2022 World Cup. Qatar awarded four design-and-build contracts worth about $8.2 billion for phase one of the Doha Metro last year.