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  • CHICAGO, Feb 5- The boisterous world Kevin Duffy entered 34 years ago to run paper slips into trading pits at the Chicago Board of Trade was an age apart from today, when open-outcry trading only intermittently disrupts the quiet hum of computers. The Chicago corn market was a noisy, bruising, frantic place where traders and commercial brokers establish prices...

  • CHICAGO, Feb 5- For tailor Peter Papageorge, making the vibrant jackets worn by traders on the floors of exchanges in Chicago and New York used to be the bulk of his business. Papageorge's family founded Peco Inc, based on the southwest side of Chicago, in 1919. The company bills itself as the largest manufacturer of the flashy trading jackets that are as colorful as...

  • SAN FRANCISCO, Feb 5- Twitter Inc's forecast of re-accelerating user growth helped lift its stock on Thursday, but the goodwill will only temporarily take the heat off embattled Chief Executive Dick Costolo, analysts said. But now they have to deliver, "said Wedbush Securities analyst Shyam Patil. Twitter has struggled to grow the number of users on its service,...

  • SAN FRANCISCO, Feb 5- Verizon Communications said it would sell wireline assets to Frontier Communications for $10.54 billion in cash and sell and lease cell phone towers for around $5 billion to American Tower in a deal that will help it pay off recent wireless spectrum purchases. Frontier will nearly double its size by buying Verizon's local wireline...

  • *Euro lifted on reports ECB to give Greece liquidity aid. The euro was little changed at $1.1469 after surging 1.2 percent overnight in a short covering rally, helped by reports that the European Central Bank agreed to fund up to 60 billion euros in emergency liquidity assistance to Greece. Greece's aid deadline with the European Union, the ECB and International...

  • NEW YORK, Feb 5- The recent round of monetary stimulus from the Bank of Japan and the European Central Bank has increased the appeal of those regions' stocks versus their U.S. counterparts, said Ashwin Alankar, a top strategist at Janus Capital Group Inc.. Last month, the ECB decided to buy 60 billion euros a month to help a fragile euro zone economy, while the BoJ...

  • SINGAPORE, Feb 6- Gold steadied on Friday ahead of crucial U.S. employment data, but was on track to post its biggest weekly loss in almost two months after steep gains at the start of the year. *Gold gained 8.4 percent in January, its biggest monthly rise in three years, helped by a sharp slowdown in U.S. fourth-quarter economic growth. *Greece's new leftist finance...

  • Feb 5- Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder. Wireless company Sprint Corp would operate as many as 1,750 of those stores under an agreement with Standard General, Sprint...

  • *Oil continues rebound, which helped fuel Wall St. gains. TOKYO, Feb 6- Asian shares edged higher in early trade on Friday and oil prices continued to rebound, even as investors remained wary ahead of the key U.S. nonfarm payrolls report for January later in the session. MSCI's broadest index of Asia-Pacific shares outside Japan was up about 0.1 percent.

  • SINGAPORE, Feb 6- U.S. crude rose as much as $1 in early Asian trade on Friday, continuing a rebound from near six-year lows plumbed last week, but rising global inventories could cap gains. U.S. crude for March delivery was up 36 cents at $51.84 by 0018 GMT, after trading as much a $1 higher earlier in the session. Top OPEC producer Saudi Arabia cut its monthly oil prices...

  • Feb 5- Action camera maker GoPro Inc forecast a current-quarter profit that could miss Wall Street expectations and said its chief operating officer was resigning, sending its shares down nearly 18 percent after the bell. Nina Richardson, chief operating officer for the last two years, will leave the company effective Feb. 27, GoPro said in a regulatory filing.

  • Feb 5- Online music streaming service Pandora Media Inc's sales fell short of market estimates in the holiday quarter, hurt by weaker-than-expected advertising revenue, sending its shares plunging 19 percent in extended trading. Pandora is facing stiff competition from Spotify, Apple Inc's Beats online streaming service, Google Inc and Amazon.com Inc in...

  • SHANGHAI, Feb 6- China's reduction of bank reserve requirements, the first time it had done so in over two years, is not the start of a strong stimulus for the economy and does not represent a policy shift, a senior central bank official said in a Xinhua interview. Lu Lei, head of the People's Bank of China's research department, told the state-owned news agency in an...

  • WASHINGTON, Feb 5- Canada and Japan must open their markets to farm imports under a Pacific trade pact, the chairman of a U.S. congressional committee responsible for trade said on Thursday, adding that any country that cannot meet the deal's goals should drop out. "For TPP, Japan and Canada just have to lower their agricultural tariffs," he said at an event hosted by...

  • DIARY- Top Economic Events to Feb 18 Thursday, 5 Feb 2015 | 7:01 PM ET

    NAPLES, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the Southwest Florida Business Leaders Luncheon- 1745 GMT. ROME- Conference on European financial architecture and the EU banking union with EU Parliament representative Roberto Gualtieri, ECB Supervisory Council...

  • WASHINGTON, Feb 6- U.S. job growth likely remained firm in January, with a rebound in wages, supporting views that consumers will have enough muscle to carry the economy through tough times. "That would be seen as encouraging given everything that is going on in the rest of the world and would reinforce the notion that consumer spending will remain a key pillar of...

  • Feb 5- Yelp Inc signed up fewer subscribers and business customers in the fourth quarter, raising concerns about the consumer review website operator's slowing growth in the United States and its ability to boost revenue from overseas markets. Only 3 percent of Yelp's sales come from overseas markets, where it competes with companies such as TripAdvisor Inc, a...

  • WASHINGTON, Feb 5- U.S. lawmakers introduced legislation on Thursday to broaden sanctions against North Korea by imposing stiffer punishments on international companies that do business with Pyongyang. "Additionally, it presses the Administration to use all available tools to impose sanctions against North Korea and on countries and companies that...

  • Feb 5- Expedia Inc on Thursday posted a fourth-quarter profit below analysts' expectations and over 30 percent lower than the same quarter a year ago, due in part to currency headwinds and heavy competition in China. Expedia, which recently slipped behind The Priceline Group Inc to become the world's second largest travel services company by bookings, earned...