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  • NEW YORK, Dec 28- Valeant Pharmaceuticals International Inc on Monday said a group of company executives will immediately take over for its chief executive officer until he returns from medical leave, news that sent its shares tumbling 10 percent. Valeant said its board has created an "office of the Chief Executive Officer," which will include General Counsel...

  • NEW YORK, Dec 28- Whole Foods Market Inc has agreed to pay $500,000 to resolve an investigation into whether the supermarket chain charged too much for some prepackaged foods at its New York City stores, a city agency announced on Monday. Whole Foods, which operates nine stores in the city- in Manhattan and Brooklyn- said the settlement was below the $1.5 million the...

  • *Wall St, Europe lower as energy stocks pace decline. NEW YORK, Dec 28- Global equities were lower on Monday, pressured by another downdraft in oil prices and worries over growth in China's economy, while the holiday season kept trading volumes muted. "You have energy and tax-loss harvesting moving markets back and forth in these last few weeks," said Tim Courtney,...

  • Dec 28- JPMorgan Chase& Co will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter. JPMorgan did not immediately respond to a request for comment. Spokesmen for Bank of America Corp, Citigroup Inc and Wells Fargo& Co said the banks had not raised deposit rates.

  • NEW YORK, Dec 28- Wall Street fell on Monday, hurt by a steep drop in oil prices as well as a dip in Apple shares, pushing the S&P 500 back into negative territory for 2015..

  • HANOI, Dec 29- Vietnam's fast-growing dairy companies are investing big in new markets as they brace for stepped-up competition at home from global giants on the prowl to take advantage of a Pacific trade pact. That's leaving a void that giants like New Zealand's Fonterra and Canada's Saputo could fill with new products and lower prices once the U.S.-led Trans...

  • *Microsoft, IBM, vie for pollution forecasting business in China. *IBM has also signed deals with Delhi, Johannesburg. Two of the world's largest technology firms, IBM and Microsoft, are vying to tap the nascent, fast-growing market for forecasting air quality in the world's top carbon emitters.

  • *$26 billion auction 2- year notes met with strong demand. NEW YORK, Dec 28- U.S. "Going into the auction people were falling into the trap that the two-year is the most susceptible to the Fed hike, but that wasn't the case," said George Goncalves, head of U.S. rates strategy at Nomura Securities International in New York.

  • *Saudi Arabia posts record budget deficit on oil collapse. They slid more in the New York session, as some traders reckoned the two-day pre-Christmas rebound, where crude rose about $2 a barrel, had been overdone. "Volume isn't great, which is typical for this time of year, and most guys are either flat on their books and positioning themselves for a weaker first...

  • NEW YORK, Dec 28- Whole Foods Market Inc has agreed to pay $500,000 and implement new policies and procedures to resolve an investigation into whether the retailer charged too much for some prepackaged foods at its New York City stores.

  • Dec 28- JPMorgan Chase& Co will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter. The bank's deposit-rate increase will affect most institutional clients and the size of the increases will vary, the Journal reported, citing the person. JPMorgan did not immediately...

  • IMAX CORP SAYS STAR WARS: THE FORCE AWAKENS CROSSES $100 MILLION WORLDWIDE IN IMAX THEATRES.

  • Dec 28- Wall Street fell on Monday, hurt by a steep drop oil prices as well as a dip in Apple shares, pushing the S&P 500 back into negative territory for 2015.. The S&P 500 energy sector lost 1.7 percent, easily the worst performer as a 3 percent drop in oil prices led investors to sell unload shares of Exxon Mobil, down 0.7 percent, and Chevron, which fell 1.68 percent.

  • After eight years of litigation that also included a trip to the U.S. Supreme Court, the decision from the U.S. Court of Appeals for the Federal Circuit said Cisco was not liable for directly infringing or inducing others to infringe a patent held by Commil USA LLC on a way to help spread wireless signals over a large area, where multiple access points are needed.

  • *Wall St, Europe lower as energy stocks pace decline. NEW YORK, Dec 28- Global equities were lower on Monday, pressured by another downdraft in oil prices and worries over growth in China's economy, while holidays in a number of markets muted trading volumes. With trading light in the United States and Europe due to the bookended holidays of Christmas and the...

  • *Corn hits contract lows as U.S. export demand wanes. CHICAGO, Dec 28- Chicago Board of Trade soybean futures fell for a fifth straight session on Monday as forecasts for rains across Brazil's key producing region Mato Grosso eased concerns of potential yield losses in the world's largest exporter. Corn futures fell to life-of-contract lows on fears of slowing...

  • Dec 28- Sandwich chain Subway said it would stop using eggs laid by caged hens in its North American outlets by 2025, joining a number of companies that are going cage-free amid pressure from consumers and animal-rights groups. Subway, which already serves eggs laid by cage-free hens at its outlets in Europe, said it has already begun using such eggs in select...

  • NEW YORK, Dec 28- By all rights, 2016 should be a good year for the U.S. stock market. The Federal Reserve's recent rate hike signals confidence in the economy and presidential election years typically reward investors. For those who'd rather stay optimistic, remember the old chestnut: Wall Street climbs a wall of worry.

  • Dec 28- Wall Street began the last trading week of the year in negative turf, as the oversupply pressure on crude oil prices showed no signs of abating. Exxon's shares were down 1 percent at $78.57, while Chevron was down 1.9 percent at $90.34. The Nasdaq Composite index was up 5.8 percent.

  • *Saudi Arabia posts record budget deficit on oil collapse. They slid more in the New York session, as some traders reckoned the two-day pre-Christmas rebound, where crude rose about $2 a barrel, had been overdone. "Volume isn't great, which is typical for this time of year, and most guys are either flat on their books and positioning themselves for a weaker first...