July 25- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession.» Read More
WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.
*U.S. stocks manage gains, but Cisco falls. *Italy's Letta announces resignation after market close. Autos will come back, housing will come back, "said Phil Orlando, chief equity strategist at Federated Investors in New York.
Feb 13- Canadian Tire Corp, best known for its automotive and homeware stores, posted a better-than-expected profit for the fifth straight quarter as harsh winter weather boosted sales of shovels, snow blowers and car batteries and tires.
NEW YORK, Feb 13- A 120- car Norfolk Southern Corp train carrying heavy Canadian crude oil derailed and spilled in western Pennsylvania on Thursday, adding to a string of recent accidents that have prompted calls for stronger safety standards.
WASHINGTON, Feb 13- U.S. banks and retail groups announced on Thursday that they are joining forces to work on cybersecurity, a sign they might be moving past recent squabbles over who is to blame for data breaches.
*Nestle weighs, warns on slower emerging market demand. *Rolls-Royce warning unsettles defence sector. The Italian share index started trimming losses after centre-left leader Matteo Renzi- a supporter of economic reforms emerged as a frontrunner to replace Prime Minister Enrico Letta.
TORONTO, Feb 13- Telus Corp, one of Canada's biggest telecom companies, outpaced its main rivals with a 13- percent jump in fourth-quarter profit and ambitious targets for 2014, helped by expansion in both its wireless and fixed-line businesses.
NEW YORK, Feb 13- The dollar fell on Thursday to a two-week low against the euro and slid against other major currencies, weakened by an unexpected fall in U.S. retail sales which helped sow concerns that economic growth could be slowing.
PARIS, Feb 13- PSA Peugeot Citroen and Banco Santander are close to agreement on a European car loans alliance that the French carmaker plans to unveil alongside a recapitalisation deal with Chinese partner Dongfeng, sources said on Thursday.
ROME, Feb 13- Italian Prime Minister Enrico Letta said he would tender his resignation on Friday, opening the way for centre-left leader Matteo Renzi to take the helm of Italy's third government in less than a year.
PEUGEOT-SANTANDER DEAL WOULD CREATE SALES FINANCE NETWORK- SOURCES.
PEUGEOT, SANTANDER CLOSE TO EUROPEAN LENDING DEAL- SOURCES.
THE HAGUE, Feb 13- Banks that fail this year's European health checks badly should be closed down, the head of the euro zone finance ministers group said on Thursday.
*RevPAR from Asia, excluding China, falls 3 pct. An austerity drive by China's government and slow economic activity in the rest of Asia are weighing on U.S. hoteliers' results.
LONDON, Feb 13- The Bank of England's new guidance plan has shifted the focus of monetary policy away from one indicator which was hard to predict to another which is almost impossible to gauge.
Lehman will pay $767 million in cash to Freddie Mac, settling a dispute over loans it was scheduled to pay the day it declared bankruptcy.
TORONTO, Feb 13- Chrysler Group LLC is nowhere close to a deal with the Canadian government on a multibillion-dollar investment to upgrade two Ontario facilities, including its minivan assembly plant in Windsor, its top executive said on Thursday.
NEW YORK, Feb 13- Crude oil prices slipped on Thursday, pressured by an expected dip in demand during the refinery maintenance season and a rise in jobless claims in the United States, the world's largest oil consumer.
Feb 13- Phillips 66 Partners LP said it would buy a 681- mile refined products pipeline system and two refinery-grade propylene storage systems from Phillips 66 for $700 million.