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  • Eleven analysts surveyed by Thomson Reuters had expected a year-to-year gain of 7.1 percent. The 48 economists polled by Thomson Reuters, on average, predicted annualized sales in February of 16.7 million vehicles. "There was definitely a slowdown" in sales after February 20, "said Mark LaNeve, Ford Motor Co's U.S. sales vice president.

  • WASHINGTON, March 3- JPMorgan Chase will pay $50 million as part of a national settlement agreement to compensate homeowners in bankruptcy over the use of robo-signing and other improper practices, the Department of Justice said on Tuesday. Between 2011 and 2013, JPMorgan Chase filed more than 50,000 mortgage payment change notices in bankruptcy courts...

  • Caesars' operating unit files bankruptcy exit plan Tuesday, 3 Mar 2015 | 12:20 PM ET

    March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year or more. The plan was filed on Monday when the parent company Caesars...

  • SAN FRANCISCO, March 3- Venture capitalist John Doerr, credited with backing Amazon.com Inc, Google Inc and many other technology companies, is set to testify on Tuesday in a gender discrimination trial involving his firm, Kleiner Perkins Caufield& Byers. Doerr, viewed as the firm's leader, is likely to discuss his treatment of former partner Ellen Pao, his chief of...

  • Treasuries fell to its lowest since January this week on easing fears about the global economy and Greece leaving the euro zone, according to a J.P. Morgan Securities survey released on Tuesday. In February, encouraging data on the domestic economy and a deal that granted Greece a four-month extension on its international bailout caused some investors to...

  • AFRICAN DEVELOPMENT BANK TO BRING $900 MILLION IN FINANCING TO SIMANDOU IRON ORE PROJECT- FINANCE MINISTER.

  • LOSSES TO GUINEA'S ECONOMY FROM EBOLA OUTBREAK LIKELY TO PASS $2 BLN- FINANCE MINISTER.

  • AFDB SUPPORT TO SIMANDOU WILL INCLUDE DIRECT LOAN, SUPPORT TO SECURE LOANS FROM OTHER SOURCES- FINANCE MINISTER.

  • CONAKRY, March 3- Guinea's economy is likely to take a $2 billion hit from a regional Ebola outbreak that has killed nearly 10,000 people, and the country is relying on mining to drive growth once the virus is contained, the finance minister said. Guinea is the world's top exporter of the aluminium ore bauxite and produces diamonds and gold but its economy,...

  • *Coming Up: American Petroleum Institute data at 2130 GMT. Higher prices imposed by Saudi Arabia for its crude buyers in Asia, the U.S. and northwest Europe did not immediately boost benchmark Brent and U.S. oil futures, although some traders saw the move as supportive. Brent jumped almost 3 percent, trading firmly above the $60- a-barrel support level, as rival...

  • *Best Buy climbs after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. It's predicated on the fact that when you get up around new highs market participants tend to get a little vertigo, "said Art Hogan, chief market strategist at Wunderlich Securities in New York.

  • The Houston company forecast 2015 capital investments in the range of $5.4 billion to $5.8 billion, excluding those associated with its Western Gas Partners LP unit. In addition to earmarking 60 percent of its budget for onshore shale wells, Anadarko said it plans to drill nine to 12 deepwater exploration wells offshore Colombia, Kenya and the Gulf of Mexico.

  • FOREX-Dollar eases after touching 11-year peak Tuesday, 3 Mar 2015 | 11:31 AM ET

    NEW YORK, March 3- The dollar softened on Tuesday after touching an 11- year high against an index of other major currencies as dealers awaited details of Europe's massive bond-buying program and a key U.S. jobs report. The dollar surrendered early gains against the euro on widening interest-rate differences and was last flat against Europe's shared currency...

  • Federal agency cancels sensitive U.S. patent program Tuesday, 3 Mar 2015 | 11:23 AM ET

    March 3- The United States Patent and Trademark Office has canceled a largely unknown but controversial program that flagged "sensitive" patent applications for heavier scrutiny, saying it was of minimal benefit. The program, called the Sensitive Application Warning System, began in 1994 and was meant to notify the federal agency's leadership of...

  • ATHENS, March 3- Greece is tapping into the cash reserves of pension funds and public sector entities through repo transactions as it scrambles to cover its funding needs this month, debt officials told Reuters on Tuesday. Shut out of debt markets and with aid from lenders frozen, Athens is in danger of running out of cash in the coming weeks as it faces a 1.5 billion...

  • March 3- U.S. chief executive officers are modestly more upbeat about the economy and almost half plan to increase capital spending over the next six months, a quarterly business group survey said on Tuesday. CEOs expect U.S. gross domestic product to rise by 2.8 percent this year, compared to a projection of a 2.4 percent increase a quarter earlier, according to...

  • Euro zone bond yields edge up as ECB QE details eyed Tuesday, 3 Mar 2015 | 11:22 AM ET

    *Markets waiting for operational details on QE. LONDON, March 3- Most euro zone bond yields bounced off record lows on Tuesday as investors waited for the European Central Bank to provide more details of its trillion euro quantitative easing programme later this week. "D-day is drawing near," said ING strategist Martin van Vliet, expecting more details on the...

  • March 3- Apple Inc sold the most number of smartphones globally in the fourth quarter, overtaking Samsung Electronics Co Ltd for the first time since 2011, according to research firm Gartner. Apple sold 74,832 smartphones to end users worldwide, ahead of the 73,032 phones sold by Samsung, according to Gartner's report. Apple's smartphones sales jumped about 49...

  • VIENNA, March 3- Among the "bad banks" that have emerged since the global crisis, Austria's Heta Asset Resolution stands out as a spectacular failure, brought down by setbacks ranging from the demands of accounting rules to ailing Balkan economies and a Swiss decision to let the franc surge. Questions are swirling over how things could have gone so wrong so quickly...

  • March 3- Bank of Nova Scotia posted a lower-than-expected quarterly profit on Tuesday, hurt by an increase in credit-loss provisions and higher expenses, sending its shares down about 1.6 percent. The results at Scotiabank, Canada's No. 3 lender, round out a mixed quarter for the country's big banks, with Royal Bank of Canada and Canadian Imperial Bank of Commerce...