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  • Jan 9- U.S. stocks ended lower on Friday following a two-day rally as December's jobs report gave a mixed view of the economy and energy stocks fell alongside another drop in crude oil prices. The Dow Jones industrial average fell 168.71 points, or 0.94 percent, to 17,739.16, the S&P 500 lost 17.21 points, or 0.83 percent, to 2,044.93 and the Nasdaq Composite dropped...

  • Analysts expect companies presenting at the conference- which include Lululemon Athletica, Big Lots and Guess- to shine a light on holiday trends and discuss business expectations for 2015, and in some cases update their outlooks. J.C. Penney Co, American Eagle Outfitters and Aeropostale Inc all had strong results, though Macy's disappointed.

  • Record-high temperatures and the most severe drought in at least 80 years punished southeastern Brazil last year, a region accounting for 60 percent of the country's gross domestic product. Private weather forecaster Somar warned of irregular rainfall in the center-west soy belt as well as the southeast throughout the month as an atmospheric blockage...

  • Commercial real estate service firm Cushman& Wakefield Ltd. says it expects vacancy rates in downtown Calgary, where most of Canada's oil and gas companies are headquartered, to increase to about 8.5 percent from 5.5 percent currently by year-end. "The bulk of that will be the sublet space coming on to the market and it's not going to change until the pricing...

  • NEW YORK, Jan 9- U.S. U.S. government debt was also boosted by a fall on Wall Street, where stocks were down nearly 1 percent after two days of outsized gains. "Yes, we had job growth," said Sharon Stark, fixed income strategist at D.A.

  • WASHINGTON, Jan 9- Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp and Dollar Tree Inc to buy Family Dollar Stores Inc, a development that potentially complicates the companies' efforts to win U.S. approval for a deal. Family Dollar had previously disclosed that state attorneys general...

  • RICHMOND, Va., Jan 9- A top Federal Reserve official on Friday said the drop in oil prices and a strong U.S. dollar were not impacting his view that inflation expectations would rise toward the central bank's 2 percent target. Richmond Fed President Jeffrey Lacker, speaking to reporters here after appearing at a conference, said consumer views on prices were more...

  • HOUSTON, Jan 9- New oil and gas well permits issued across the United States rose slightly in December and surged 72 percent in Colorado and Wyoming after falling sharply in November on tumbling crude prices. New permits plunged nearly 40 percent in November compared to October, signaling a potential slowdown in the shale oil and gas boom that brought the United...

  • *Gold up 2.5 percent in week, snaps three-week losing streak. NEW YORK/ LONDON, Jan 9- Gold rose on Friday as the dollar and equities failed to react to a better-than-forecast U.S. jobs report, and the metal was set for the first weekly gain in four weeks as political uncertainty in Greece boosted demand for assets seen as safe. Spot prices were heading for a 2.5 percent...

  • CALGARY, Alberta, Jan 9- Royal Dutch Shell will cut from 5 to 10 percent of the about 3,000 jobs at its Albian Sands mining project in northern Alberta, a company spokesman said on Friday, but refrained from connecting the move to plunging oil prices. Albian Sands is the mining portion of Shell's Athabasca Oil Sands project near Fort McMurray, Alberta, which also...

  • WINNIPEG, Manitoba, Jan 9- One of the world's biggest lentil shippers expects Canadian exports of that crop and other legumes to climb to near record levels this year, as dry conditions in India limit output in that country, the biggest consumer of the protein-rich foods. AGT depends on India, north Africa and the Middle East for 65 percent of its revenue.

  • *Brent breaks below $49, US crude under $48; low since April 2009. Benchmark Brent crude broke below $49 a barrel but returned to above the $50 support level it had seen earlier in the week after oil services firm Baker Hughes reported the largest drop in 24 years in U.S. drilling rigs. "In my opinion we have not stabilized out yet, but the rig data and some short-covering...

  • WASHINGTON, Jan 9- The House of Representatives easily passed a bill to approve the Keystone XL pipeline on Friday hours after a Nebraska court removed a major hurdle for President Barack Obama to settle the fate of the politically charged oil project. After months of deliberation, the Nebraska Supreme Court allowed a route for the pipeline to cross the state,...

  • WASHINGTON, Jan 9- U.S. wholesale inventories recorded their largest increase in seven months in November and October's stocks were revised higher, leading economists to sharply raise their fourth-quarter growth estimates. The Commerce Department said on Friday wholesale inventories rose 0.8 percent, despite an energy price-related decline in the value...

  • NEW YORK/ LONDON, Jan 9- Arabica coffee futures on ICE rallied for the fifth straight day on Friday, marking their biggest weekly surge in 11 months on concerns about below-normal rains in top-grower Brazil's growing regions. Cocoa consolidated lower after the prior session's surge while raw sugar was quietly higher. Continued forecasts for below-normal...

  • CRUDE OIL TURNS POSITIVE AFTER EARLIER DROP TO APRIL 2009 LOW.

  • Jan 9- A fire on Friday at an Amazon.com Inc data center under construction in Virginia was quickly extinguished and all workers at the site left safely, the company and county officials said. Workers who were on the roof when the fire broke out were able to extricate themselves safely, "said Mary Maguire, a Loudoun County Fire, Rescue and Emergency Management...

  • LONDON, Jan 9- The owner of British Airways said on Friday that Aer Lingus had rejected a revised takeover approach valuing the Irish airline at 2.40 euros per share. Aer Lingus said in December it had rejected a takeover approach from its larger rival, which is keen to gain control of its highly coveted runway slots at London's Heathrow Airport.

  • BRENT CRUDE PARES LOSSES AFTER BAKER HUGHES REPORT SHOWING DROP IN U.S.

  • WASHINGTON, Jan 9- U.S. Air Force reservists who did maintenance on C-123 aircraft used during the Vietnam war to spray the defoliant Agent Orange could have been exposed to harmful levels of dioxin even long after the conflict, the health arm of the National Academy of Sciences said on Friday. A panel from the Institute of Medicine acknowledged the poor quality...