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  • SAN FRANCISCO/ CHICAGO, Feb 11- Amazon.com Inc packages ordered by its Prime members regularly arrived late over the holidays, a Reuters/ Ipsos survey shows, reflecting the strain on the logistics network that transformed the company into an e-commerce powerhouse. But the results raise questions for Amazon as it expands and takes greater control of its...

  • SAO PAULO, Feb 11- Brazilians are hoarding water in their apartments, drilling homemade wells and taking other emergency measures to prepare for forced rationing that appears likely and could leave taps dry for up to five days a week because of a drought. Other cities in Brazil's heavily populated southeast such as Rio de Janeiro face less dire shortages but...

  • TREASURIES-Price decline takes 10-year yield over 2 pct Wednesday, 11 Feb 2015 | 11:25 AM ET

    NEW YORK, Feb 11- U.S. Yields on 10- year Treasuries last stood at 2.0141 percent, reflecting a price decline of 6/ 32. It was the highest yield on notes since January 9, according to Thomson Reuters data. Trading was moderate, in part because of a holiday in Japan, and focused on the note sale scheduled for later on Wednesday, according to Ian Lyngen, senior government...

  • *Apple lifts Nasdaq after solar deal. *Rite Aid to buy EnvisionRx for about $2 billion. "We all know what the big problem is- if the Greeks exit, so can others and that would throw this whole EU thing into disarray," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

  • NEW YORK, Feb 11- The Federal Reserve should revamp its rules to address perceptions of conflicts of interest and regulatory capture in the power centers of New York and Washington, the outspoken head of the Dallas Fed said on Wednesday. Richard Fisher, addressing a New York audience for likely the last time before stepping down next month as president of the...

  • INTERVIEW-EEX sees growth in Italian gas and power trading Wednesday, 11 Feb 2015 | 11:17 AM ET

    *Monitoring progress in other countries including Turkey. ESSEN, Germany, Feb 11- The European Energy Exchange expects Italy's energy trading market to flourish and plans to launch gas contracts there as more companies shift from bi-lateral supply deals to market alternatives, its chief executive said on Wednesday. Energy markets across Europe are shifting...

  • NEW YORK, Feb 11- The euro hit a seven-year low against the British pound and fell versus the dollar for a second straight session on Wednesday ahead of the outcome of a euro zone finance ministers' meeting as the region and Greece edged closer to a showdown. "I think it's going to be really down to watching the headlines from the Eurogroup," said Vassili Serebriakov,...

  • UPDATE 2-Peltz softens stance on splitting DuPont Wednesday, 11 Feb 2015 | 11:14 AM ET

    *Trian Fund "open-minded" about keeping portfolio together. Feb 11- Activist investor Nelson Peltz's hedge fund said it was "open-minded" about keeping DuPont together, after agitating for months to break up the chemical conglomerate. Trian Fund Management LP detailed the change in strategy on Wednesday, while urging DuPont shareholders to vote Nelson Peltz...

  • Feb 10- Valeant Pharmaceuticals International Inc will scoop up bankrupt cancer vaccine maker Dendreon Corp, after no additional qualified bids came forward by Tuesday's deadline, Valeant said. Valeant, of Laval, Quebec, will get Seattle- based Dendreon's Provenge cancer treatment and other assets for $400 million in cash. Dendreon and Valeant will seek court...

  • LAGOS, Feb 11- Nigerian dealers pulled the plug on electronic trading in the naira on Wednesday after the currency slid past 200 to the dollar on fears the postponement of this week's election could trigger a constitutional crisis in Africa's biggest economy. Deploying for the first time a' circuit-breaker' agreed among themselves last month, leading banks in...

  • CARACAS, Feb 11- Venezuela's dollar-denominated bonds tumbled across the board on Wednesday after the government announced a new foreign exchange platform that was widely seen as insufficient to resolve the country's economic crisis. "The persistence of large distortions in the FX market will make it more difficult for the government to make necessary...

  • NEW YORK, Feb 11- James Garrity, a partner in the law firm Morgan Lewis& Bockius, is returning to the bench as a U.S. bankruptcy judge in New York after more than a 15- year absence, court officials announced on Wednesday. Bankruptcy Judge Allan Gropper on Feb. 17, according to the 2nd U.S. Circuit Court of Appeals, which oversees bankruptcy judge succession in the...

  • UPDATE 8-Oil falls towards $54 on record-high U.S. stocks Wednesday, 11 Feb 2015 | 10:56 AM ET

    LONDON, Feb 11- Oil fell more than $2 on Wednesday towards $54 a barrel after U.S. crude stock piles hit record highs. U.S. commercial crude oil stock piles rose by 4.9 million barrels last week to 417.93 million barrels, their highest since records began in 1982, the government-run Energy Information Administration reported on Wednesday. Brent crude futures...

  • Feb 11- AOL Inc said it expected domestic display revenue to decline in the first half of the year, after reporting a lower-than-expected quarterly revenue. "I would expect domestic display revenue to decline in high single digits in the first half of the year," AOL Chief Financial Officer Karen Dykstra said on a conference call. Revenue in AOL's properties...

  • Malone to swap Starz shares for stake in Lionsgate Wednesday, 11 Feb 2015 | 10:54 AM ET

    Feb 11- Cable industry pioneer John Malone agreed to exchange a part of his stake in cable network Starz for shares in movie studio Lionsgate Entertainment. Starz's shares were up 5 percent at $32.24 on the Nasdaq. Malone will swap 4.5 percent of Starz shares held by him and his affiliates for a 3.43 percent stake of Lionsgate, comprising newly issued shares, the...

  • Feb 11- Bank of America Corp used its government-backed U.S. banking unit for years to finance controversial trades that helped clients avoid taxes, the Wall Street Journal reported, citing internal documents and people familiar with the matter. "BANA no longer finances dividend arbitrage activity," Bank of America said in a statement to Reuters.

  • LONDON, Feb 11- An indecisive result in Britain's upcoming national election and weak wage growth present the biggest threats to the economic recovery, according to a Reuters poll of economists. But with a "hung parliament" in which no one party has enough seats to govern alone looking increasingly likely, 11 out of 27 economists said the outcome of the vote was the...

  • *One-in-four chance Greece exits monetary union. Feb 11- The euro zone's bout of deflation will last for most of this year despite the European Central Bank's decision to buy government bonds, according to a Reuters poll that also gave a one-in-four chance of Greece leaving the currency area in 2015.. The findings from a survey of economists taken this week are...

  • UPDATE 1-CP Rail says it is ready for a strike Wednesday, 11 Feb 2015 | 10:43 AM ET

    TORONTO, Feb 11- Canadian Pacific Railway Ltd managers will be ready to take over if train engineers and conductors in Canada strike this weekend, Chief Operating Officer Keith Creel said on Wednesday. CP, which also has a substantial U.S. network, said the Teamsters unit represents more than 3,000 active locomotive engineers and conductors.

  • Feb 11- U.S. fertilizer company Mosaic Co's fourth-quarter profit nearly tripled, helped by strong demand for phosphates and potash. The company's shares rose 2.3 percent at $51.94 in morning trading in New York on Wednesday. Rival Potash Corp of Saskatchewan last month reported higher-than-expected quarterly profit.