*Russia says Washington is disseminating "unfounded" accusations over Ukraine. *Russia says Ukraine shelled across the border to kill law enforcement officers.» Read More
*FireEye shares decline after secondary offering. *Cerberus Capital to buy Safeway; Safeway shares slip. NEW YORK, March 7- U.S. stocks were set for a higher open on Friday after more jobs than expected were created in February, with traders keeping an eye on lingering tensions in Ukraine.
NEW YORK, March 7- U.S. Employers added 175,000 jobs to their payrolls last month after creating 129,000 new positions in January, the Labor Department said on Friday.
*January trade deficit narrows to C $177 mln ( $161 mln. OTTAWA, March 7 (Reuters)- The Canadian economy unexpectedly lost 7,000 jobs in February, giving little reason for the Bank of Canada to change its neutral stance on interest rates after strong hiring in January had raised hopes of renewed vigor in the labor market.
NEW YORK, March 7- U.S. stock index futures added to gains after a better-than-expected reading on employment data for February. S&P 500 e-mini futures rose 7.5 points and were above fair value, a formula that evaluates pricing by taking inL1N0M40YEto account interest rates, dividends and time to expiration on the contract.
US TREASURIES YIELDS RISE AFTER PAYROLLS DATA, 10- YEAR NOTES YIELD 2.80 PERCENT.
*Average hourly earnings rise nine cents, workweek falls. WASHINGTON, March 7- U.S. job growth rose more than expected in February, which could ease fears of an abrupt slowdown in economic growth and keep the Federal Reserve on track in reducing its monetary stimulus.
March 7- Close-out retailer Big Lots Inc reported a better-than-expected profit for the holiday quarter, sending its shares up as much as 13 percent in premarket trading. The company reported adjusted earnings of $1.45 per share from continuing U.S. operations. Analysts on average had expected $1.40 per share, according to Thomson Reuters I/B/E/S.
MILAN, March 7- A Milan appeals court has acquitted four international banks, including JPMorgan and UBS, found guilty in an earlier trial of mis-selling derivatives to the city of Milan.
LONDON, March 7- Emerging economies may be on the cusp of a great unwinding of borrow-low invest-high carry trades, through which an estimated $2 trillion has flooded mainly into their debt markets in the past five years.
The steel sector is also one of the single biggest contributors to the thick smog that now regularly envelops Beijing and other Chinese cities. While other markets pore over the implications of premier Li Keqiang's "State of the Union" address to the National People's Congress, steel has already reacted.
*FireEye shares decline after secondary offering. *Cerberus Capital to buy Safeway; Safeway shares slip. President Barack Obama over Moscow's military intervention in Crimea, saying Russia could not ignore calls for help from Russian speakers in Ukraine.
LONDON, March 7- Global activity in initial public offerings has leaped 70 percent to hit $28.2 billion in 2014 so far, compared with the same period last year, Thomson Reuters data showed on Friday.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil held around $108 a barrel on Friday as investors balanced supply concerns arising from the Ukraine crisis with seasonally slowing crude demand and forecasts for only modest U.S. jobs growth in February.
*Putin harnesses Russian Orthodox Church to support Ukraine policy. MOSCOW, March 7- As troops loyal to Russian President Vladimir Putin were seizing control of Crimea, the head of the Russian Orthodox Church in Moscow deduced that an "internal political crisis" in Ukraine was threatening its territorial integrity.
*ECB disappoints bears, euro seen rising to $1.40. LONDON, March 7- The euro raced to a 2-1/ 2 year high against the dollar on Friday as short term money market rates rose on signs that the European Central Bank's balance sheet was contracting at a time when other major central banks were still expanding theirs.
*Says offered to let Casablanca appoint two independent directors to the board. "We are disappointed that Casablanca seems intent on waging a public campaign rather than continuing its private engagement with Cliffs' board and management team," Cliffs said on Friday, adding that it was ready to engage with Casablanca.
March 7- U.S. medical devices maker Biomet Inc filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of its common shares as its private equity owners look to cash out. The company, which was taken private for $11.4 billion in 2007, said BofA Merrill Lynch, Goldman Sachs and J.P. Morgan were the lead underwriters to the offering.
NEW YORK, March 7- It doesn't matter how famous, or how important or how rich the person is- virtually everyone likes to stroll down memory lane and reminisce about their first job, which was usually very menial and extremely low-paid.
March 7- Iron ore producer Cliffs Natural Resources Inc said Casablanca Capital LP rejected an offer to settle a proxy fight and the activist investor was seeking full control of the company's board. Cliffs said it offered to allow Casablanca appoint two independent directors to the board.
March 7- U.S. medical devices maker Biomet Inc filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of its common shares. The company, which was taken private for $11.4 billion in 2007 by a private equity consortium, said BofA Merrill Lynch, Goldman Sachs and J.P. Morgan were the lead underwriters to the offering.