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  • NEW YORK, April 9- U.S. stocks rallied on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than investors had previously expected.

  • Ally Financial IPO priced at $25 per share-underwriter Wednesday, 9 Apr 2014 | 5:05 PM ET

    April 9- Ally Financial Inc's initial public offering has been priced at $25 per share, an underwriter said, valuing the bailed-out auto lender at about $12.04 billion. The company previously said it expected to price its offering at between $25- $28 per share.

  • *China now looking at using fuel to make petrochemicals. BEIJING, April 10- A deal between China's top refiner Sinopec Corp and Phillips 66 could be a game changer that signals the United States is on track to become one of the top suppliers of liquefied petroleum gas to the world's second-biggest economy.

  • WASHINGTON, April 9- The U.S. Senate on Wednesday overwhelmingly approved the nomination of Justice Department official Terrell McSweeny to be the third Democratic commissioner on the five-member Federal Trade Commission. "We are delighted that the Senate has confirmed Terrell McSweeny to serve as an FTC Commissioner.

  • April 9- Younger investors may have drawn the right conclusion about the great financial crisis- that they were scammed- but their defensive reaction will simply add self-inflicted wounds to existing injuries.

  • OTTAWA, April 9- Canada believes that strengthening the global recovery is a key way to deal with risk of too low inflation in Europe and elsewhere, a senior government finance official said on Wednesday ahead of G20 meetings in Washington.

  • *Traders now see first Fed rate hike in July 2015. WASHINGTON/ SAN FRANCISCO, April 9- Federal Reserve officials fretted last month that investors would overreact to fresh forecasts that appeared to map out a more aggressive cycle of interest rate increases than policymakers actually anticipated.

  • Ford opens Brazil engine plant, sees truck recovery Wednesday, 9 Apr 2014 | 4:46 PM ET

    SAO PAULO, April 9- Ford Motor Co opened a 400 million reais engine factory in northeastern Brazil on Wednesday, ramping up potential output even as many warn of excess capacity weighing on profits in the country's auto industry. Ford has announced 4.5 billion reais of investments in Brazil from 2011 to 2015 as it brings local offerings up to global standards.

  • BOSTON, April 9- Templeton Global Bond Fund manager Michael Hasenstab, who has a multibillion-dollar bet on Ukraine bonds, expressed confidence in newly released commentary that the country can flourish over the next decade and the international community can put together a reform package to solve any short-term liquidity and solvency issues.

  • OTTAWA, April 9- Right in the heart of tax-filing season, the Canada Revenue Agency shut down access to online tax services on Wednesday because of an Internet bug that has made data on many of the world's major websites vulnerable to theft by hackers.

  • NEW YORK, April 9- Short- and medium-term U.S. People are readjusting now, "said Brian Rehling, chief fixed income strategist with Wells Fargo Advisors in St. Louis, Missouri.

  • WASHINGTON, April 9- Detroit on Wednesday struck a deal with a core group of creditors that could ease concerns about the treatment of certain bonds in its landmark bankruptcy case and pave the way for compromises with other creditors.

  • OTTAWA, April 9- Canada believes that strengthening the global recovery is a key way to deal with risk of too low inflation in Europe and elsewhere, a senior government finance official said on Wednesday ahead of G20 meetings in Washington.

  • Representatives for Facebook Inc, Google and Yahoo Inc told Reuters that they use OpenSSL and have already taken steps to mitigate any impact on users. "On a scale of 1 to 11, it's about an 11," cryptologist Bruce Schneier, chief technology officer of Co3 Systems Inc. said of the bug's severity.

  • NEW YORK, April 9- U.S. orange juice prices hit two-year highs on Wednesday after a government crop report trimmed last month's forecasts for production and yield from Florida. The U.S. Department of Agriculture cut its latest estimates for Florida's orange output and yield in a report issued after one of the most brutal winters in decades.

  • NEW YORK, April 9- U.S. stocks finished sharply higher on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than previously expected. The Dow Jones industrial average rose 181.04 points or 1.11 percent, to end unofficially at 16,437.18.

  • *Alcoa's results help boost sentiment, shares rise 3.8 percent. Stocks on Wall Street jumped, with the Nasdaq rising more than 1 percent, and prices for U.S. government debt fell.

  • US urges oil-by-rail sector to agree a safer tank car Wednesday, 9 Apr 2014 | 3:59 PM ET

    "My target date is as soon as possible," Foxx told a panel of the Senate Appropriations Committee when asked when the new standard would be ready. The Department of Transportation is responsible for mandating a new tank car design, but officials are counting on input from industry.

  • WASHINGTON, April 9- International Monetary Fund members must find a way around a deeply disappointing impasse in the U.S. Congress over reforms to the global lender, Australian Treasurer Joe Hockey said on Wednesday.

  • *Gold up as dollar falls to two-week low vs euro. NEW YORK/ LONDON, April 9- Gold rose on Wednesday, boosted by a weaker dollar and the release of Federal Reserve minutes that eased concerns the central bank was set to hike interest rates soon after it ended its massive monetary stimulus later this year.