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  • UPDATE 1-Boeing's profit rises on higher deliveries Wednesday, 28 Jan 2015 | 8:04 AM ET

    Jan 28- Boeing Co, the world's biggest planemaker, reported a 19 percent rise in quarterly profit, helped by booming demand for commercial aircraft. Boeing's shares rose about 4 percent in premarket trading. Boeing's net profit rose to $1.47 billion, or $2.02 per share, in the quarter from $1.23 billion, or $1.61 per share, a year earlier.

  • *Gazprom cannot afford to lose Ukraine. MOSCOW/ KIEV, Jan 28- Ukraine has a stronger hand to play at talks with Russia on gas supplies thanks to the fall in oil prices, which has dragged down gas prices, and after showing it can live on less. Although a milder winter and a scramble for other sources has shown Ukraine can survive with less gas from Russia, it still needs it to...

  • MOSCOW, Jan 28- Russia's Economy Ministry is reviewing a request by oil company Rosneft for 1.3 trillion roubles from the National Wealth Fund to fund 28 projects, Deputy Economy Minister Nikolai Podguzov said on Wednesday.

  • Greek banks extend slide to peg back European shares Wednesday, 28 Jan 2015 | 7:53 AM ET

    LONDON/ PARIS, Jan 28- European shares dipped on Wednesday, with Greek stocks extending the sell-off sparked by anti-bailout party Syriza's victory in Sunday's election. It has plummeted 98.6 percent since late 2009, before Europe's sovereign debt crisis started. The combined value of the top four Greek listed banks, Alpha Bank, Piraeus Bank, National Bank of...

  • US STOCKS-Futures up with Apple, Boeing; Fed eyed Wednesday, 28 Jan 2015 | 7:49 AM ET

    *Yahoo unveils plan to spin off Alibaba stake. NEW YORK, Jan 28- U.S. stock index futures rose on Wednesday, boosted by earnings including from Apple and Boeing, while focus could shift later in the day to the Federal Reserve's first two-day policy meeting of the year. *Yahoo gained 6.7 percent after it unveiled plans to spin off its 15 percent stake in Alibaba Group...

  • MOSCOW, Jan 28- Russia announced a $35 billion "anti-crisis" spending plan on Wednesday to bail out an economy battered by Western sanctions and falling oil prices, but gave few details of the deep cuts it said would be enacted this year to pay for it. The 2.34 trillion rouble spending plan includes 1.55 billion roubles to support banks, most of which was already...

  • RUSSIAN ECONOMY MINISTRY SAYS ROSNEFT SHOULD SELECT MOST IMPORTANT PROJECTS FOR FUNDING.

  • RUSSIAN ECONOMY MINISTRY SAYS REVIEWING REQUEST FROM ROSNEFT FOR 1.3 TRILLION ROUBLES FROM NATIONAL WEALTH FUND.

  • BEIJING, Jan 28- Chinese regulators will launch a fresh investigation into stock margin trading, and banks have been told to tighten lending supervision to avoid loans being funnelled into stock markets, three sources with direct knowledge of the matter told Reuters. The China Securities Regulatory Commission and the China Banking Regulatory Commission...

  • Boeing's profit gets boost from higher deliveries Wednesday, 28 Jan 2015 | 7:40 AM ET

    Jan 28- Boeing Co reported a 19 percent increase in quarterly profit, helped by booming demand for commercial aircraft. The company earned $1.47 billion, or $2.02 per share, for the fourth quarter ended Dec. 31, up from $1.23 billion, or $1.61 per share, a year earlier. Core earnings, which exclude pension and other costs, rose to $2.31 per share from $1.88.

  • Jan 28- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a 42 percent jump in fourth-quarter profit and said quarterly aircraft orders were at their highest in more than three years. General Dynamics said on Wednesday it returned about $4.2 billion to shareholders through stock repurchases and dividends in 2014, more than...

  • LONDON, Jan 28- Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later as signs emerge that the greenback's strength is hurting company profits. Worries that Greece's new government is heading for clashes with the rest of the euro zone over its debts saw European shares...

  • Anthem, which operates Blue Cross Blue Shield health plans in 14 states, forecast 2015 adjusted earnings to be more than $9.70 per share and operating revenue of between $78 billion- $78.5 billion. It also operates Medicare and Medicaid plans. The company's net profit rose to $506.7 million, or $1.80 per share, in the fourth quarter ended Dec. 31 from $148.2 million,...

  • Jan 28- Rockwell Automation Inc, which makes automation systems that help factories run smoothly, reported an 8 percent rise in quarterly profit, helped by higher sales of motion control and industrial safety products, and lower cost of sales. Net income from continuing operation rose to $214.2 million, or $1.56 per share, in the first quarter ended Dec. 31, from...

  • UK council defers controversial shale gas permits Wednesday, 28 Jan 2015 | 7:21 AM ET

    LONDON, Jan 28- A local English government council has voted to delay a decision on whether shale gas firm Cuadrilla can progress with two fracking projects, in a case that is being closely watched by the industry and environmental campaigners. Cuadrilla's projects near Blackpool in north west England are expected to become Britain's first shale gas...

  • Jan 28- Burger chain Shake Shack Inc now expects its initial public offering to be priced at $17- $19 per share, up from $14- $16 expected earlier, valuing the company at up to $674.5 million. The company's international outlets include those in Dubai, Istanbul, London and Kuwait. Shake Shack's offering follows a string of successful IPOs by casual dining chains last...

  • Jan 28- Telecom equipment maker CommScope Holding Co Inc said it would buy nearly all of Swiss electronics firm TE Connectivity's network gear business for about $3 billion to expand in Europe and Asia. The deal will help CommScope expand in overseas markets. CommScope said it would finance the deal through cash and up to $3 billion in debt.

  • Jan 28- Textron Inc, maker of Cessna jets and Bell helicopters, reported quarterly revenue below average analyst estimate as deliveries of Bell helicopters declined, and forecast full-year profit and revenue below expectations. Textron's revenue increased 17 percent to $4.10 billion, but missed the average analyst expectation of $4.3 billion.

  • The American Petroleum Institute said late on Tuesday that U.S. crude stocks jumped by a massive 12.7 million barrels last week, triple the volume expected, and including a 2 million barrel increase at Cushing, Oklahoma, the delivery point of the U.S. oil contract. If confirmed by official data from the U.S. Energy Information Administration at 1530 GMT on...

  • General Dynamics profit jumps 42 pct, jet orders rise Wednesday, 28 Jan 2015 | 7:10 AM ET

    Jan 28- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a 42 percent jump in fourth-quarter profit and said quarterly aircraft orders were at the highest in more than three years. Net income rose to $701 million, or $2.09 per share, from $495 million, or $1.40 per share, a year earlier. Revenue increased 4 percent to $8.36 billion.