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  • Jan 5- Conatus Pharmaceuticals Inc said its experimental drug reduced the presence of a protein fragment in patients with liver cirrhosis in a mid-stage trial. The company's shares rose 13 percent to $3.25 in after-market trading on Tuesday. Up to Tuesday's close of $2.87, Conatus shares had declined 71 percent in the past 12 months.

  • MONTREAL, Jan 5- Automakers sold fewer light vehicles in Canada during the month of December, but reported record-breaking sales of trucks and cars for 2015, automotive consultant Dennis DesRosiers said Tuesday. General Motors Co said in a statement that it delivered 263,335 vehicles in Canada in 2015, up 5.4 percent from 2014 despite a 3.4 percent decline in...

  • NEW YORK, Jan 5- Pacific Investment Management Co's flagship fund posted an inflow of $1.3 billion in December, according to the Newport Beach, California firm's website on Tuesday. Pimco spokesman Michael Reid confirmed that the Pimco Income Fund had a $14.4 billion inflow in 2015.. "The Total Return Fund's outperformance came from several areas related to our...

  • NEW YORK, Jan 5- Puerto Rico's PRIFA infrastructure authority did not transfer funds to its bond trustee to pay debt due Jan. 1 on certain bonds, according to a regulatory filing on Tuesday, further confirmation of a default by the U.S. territory. The trustee for PRIFA's series 2005 B and 2006 bonds said it did not receive sufficient funds from PRIFA for the payment of...

  • Jan 5- Yum Brands Inc, the owner of Pizza Hut and KFC restaurant chains, said executive chairman and former CEO David Novak plans to retire in May. The company, which is spinning off its dominant China business, said it plans to appoint a non-executive chairman from its board. Novak, 63, will also step down from Yum's board, but will remain a shareholder at both Yum and...

  • Ameren Corp's Callaway plant in Missouri and Entergy Corp's Arkansas Nuclear One in Russellville, Arkansas, have not been affected by heavy rains and no impact is predicted, the regulator said. Plants in the vicinity of the Mississippi River, such as Grand Gulf in Mississippi, and River Bend and Waterford in Louisiana, all operated by Entergy, are also not likely...

  • *European stocks close higher, Wall Street mostly flat. *Oil prices drop as weak China data, stronger dollar drag. Crude oil prices fell on concerns about the pace of growth in China, the world's second-largest oil consumer.

  • Jan 5- Yum Brands Inc, the owner of Pizza Hut and KFC restaurant chains, said executive chairman and former CEO David Novak plans to retire in May. The company said it plans to appoint a non-executive chairman from the board. Novak was appointed chairman in January 2015.

  • Jan 5- Conatus Pharmaceuticals Inc said its experimental drug, emricasan, succeeded in reducing the presence of a protein fragment in patients with liver cirrhosis in a mid-stage trial. Data showed a statistically significant reduction in the protein fragment, caspase-cleaved cytokeratin 18, when compared with a placebo in the overall patient population.

  • Jan 5- JPMorgan Chase& Co said on Tuesday it appointed Virtu Financial Inc as its market maker on the floor of the New York Stock Exchange. The bank replaced KCG Holdings Inc partly due to poor performance during the Aug. 24 market mayhem, the Wall Street Journal, which first reported the news, said citing people familiar with the matter. A KCG spokesperson confirmed...

  • *First Solar up after Goldman upgrades stock to buy. After weak Chinese economic data drove stocks down sharply on Monday, the People's Bank of China on Tuesday injected $20 billion into the financial system in a bid to help its markets. Wal Mart Stores Inc shares, up 2.4 percent at $62.92, helped to lift both the Dow and S&P 500, though Monday's big selloff and...

  • Fares increased $3 one-way for U.S. domestic flights on American Airlines Group Inc, United Continental Holdings Inc, Delta Air Lines Inc, Southwest Airlines Co and JetBlue Airways Corp, each company told Reuters. Southwest was the next to follow suit, two analysts said. "The industry has never met a Southwest fare increase it didn't match, for as far back as our...

  • Jan 5- Wall Street's industry funded watchdog ordered brokerages to return an estimated $96.2 million in funds they obtained through misconduct during 2015, nearly three times the 2014 total, according to preliminary statistics released on Tuesday. Fines collected by the Financial Industry Regulatory Authority from individuals and firms, however,...

  • SAN FRANCISCO, Jan 5- Alaska Governor Bill Walker said on Tuesday the lowering of the state's credit ratings by Standard and Poor's was "premature" since the legislature has not yet had time to act on his ambitious plan to address the state's large budget deficit. More than any other U.S. state, Alaska has been hit by the downturn in oil prices that began in mid-2014.

  • District Judge Kimba Wood in Manhattan called Calovskis' conduct serious but said "the goal of punishment has been served already." David Bertan, Calovskis' lawyer, said the sentence, which also includes an order that he forfeit $1,000, could mean his client could be returned to Latvia within weeks. The indictment of Calovskis was unsealed in January 2013, as...

  • NEW YORK, Jan 5- The Dow and S&P 500 ended a choppy session slightly higher on Tuesday, stabilizing after a weak start to the new year, though investors remained cautious.

  • *Middle East tensions dashes chance of OPEC deal to curb glut. Relations between Saudi Arabia and Iran collapsed in acrimony this week after the Kingdom's execution of a Shi'ite cleric set off a storm of protests in Tehran. Instead of fanning fears of a disruption in supplies, however, some delegates from the Organization of the Petroleum Exporting Countries...

  • MONTREAL, Jan 5- Fiat Chrysler Automobiles NV and General Motors Co said Tuesday their Canadian sales rose during 2015, compared with 2014, as forecasters expect automakers to report record-breaking Canadian sales for the year. Canadian automotive analyst Dennis DesRosiers predicted Monday that 2015 auto sales in Canada would break records for the third...

  • Jan 5- Japanese automaker Toyota Motor Corp's research and development company, Toyota Research Institute, said it hired a team of scientists and engineers to help drive research into artificial intelligence and robots. Rodney Brooks, founder of robot maker iRobot Corp and former director of the MIT computer science and AI lab, was named deputy chairman of the...

  • SHANGHAI/ NEW YORK, Jan 6- A growing number of China's retail investors are opening trading accounts on messaging and social media app WeChat, and some institutional investors are even using it to instruct brokers, making it harder for regulators to monitor trades and spot illegal activity, traders and investors told Reuters. While using mobile messaging and...