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  • 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.

  • *Surprise monetary easing in Singapore helps U.S. dollar. LONDON, Jan 28- The dollar climbed against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses, although gains were muted before a statement from the Federal Reserve after its policy meeting. "The Fed is going to be patient and we could see investors price out chances of a...

  • Jan 28- Cenovus Energy Inc, Canada's No. 2 independent oil producer, cut its capital spending budget for 2015 in response to the slump in crude oil prices. The company said it could defer spending of up to C $700 million, mainly by suspending a bulk of its conventional drilling in southern Alberta and Saskatchewan and delaying long-term oil sands expansion and new...

  • Creating an old-girls network in Silicon Valley Wednesday, 28 Jan 2015 | 7:00 AM ET

    Jan 28- Thanks to Facebook COO Sheryl Sandberg and her mega-bestselling book, Lean In, the gender-disparity debate has been front and center for years now in Silicon Valley. "Work your relationships," says Lisa Lambert, a VP with Intel Corp.' s venture-capital unit. She has launched a new chapter in Israel, and plans four more this year, in Bangalore; London; Austin, Texas;...

  • BRUSSELS, Jan 28- The European Union will extend by six months sanctions imposed on Russia last March over its annexation of Crimea, add new people to those under sanctions and prepare new measures, draft conclusions for an EU foreign ministers meeting showed. "In view of the worsening situation, the Council agrees to extend the restrictive measures targeting...

  • Shake Shack expects IPO to be priced at $17-$19/share Wednesday, 28 Jan 2015 | 6:50 AM ET

    Jan 28- Burger chain Shake Shack Inc said it now expects its initial public offering to be priced at $17- $19 per share, up from its previous range of $14- $16.

  • RIO DE JANEIRO, Jan 28- Brazil's Petrobras released unaudited third-quarter results on Wednesday after months of delays, but the state-run oil company left investors in the dark over the financial impact of a multibillion-dollar corruption scandal. Petroleo Brasileiro SA, as Petrobras is formally known, reported a net profit of 3.09 billion reais, down about...

  • Textron profit up 27 pct Wednesday, 28 Jan 2015 | 6:44 AM ET

    Jan 28- Textron Inc, maker of Cessna jets and Bell helicopters, reported a 27 percent jump in quarterly profit, helped by its acquisition of smaller peer Beechcraft last March. Textron's net profit rose to $212 million, or 76 cents per share, for the fourth quarter ended Jan. 3 from $167 million, or 59 cents per share, a year earlier. Revenue increased 17 percent to $4.10...

  • MOSCOW, Jan 28- The Russian Finance Ministry sold 2.5 billion roubles of OFZ treasury bonds at auction on Wednesday at an average yield of 12.99 percent, out of the 5 billion roubles on offer, Reuters data showed.

  • Following the sharpest outflows in 18 months in December, portfolio inflows in January were expected to tally $18 billion, with bond investment rising to $14 billion and $4 billion going into stocks, the Washington- based finance industry body said in its monthly report. The recovery was at its strongest in Latin America, followed by Asia, while foreign...

  • *Dollar up on surprise monetary easing in Singapore. LONDON, Jan 28- Gold eased on Wednesday as the dollar steadied on expectations the Federal Reserve is unlikely to deliver significant changes to its policy outlook, though concerns about the global economy might push back the timing of a rate rise. "I don't think we can expect a big change in the Fed's policy...

  • Jan 28- Health insurer Anthem Inc's quarterly profit more than tripled due to a rise in enrollments. 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, or 49 cents per share, a year earlier. Excluding items, the company earned $1.73 per share.

  • Jan 28- Telecom equipment maker CommScope Holding Co Inc said it will buy Swiss electronics firm TE Connectivity's network equipment business for about $3 billion in cash to expand in Europe and Asia. The transaction is expected to close by the end of 2015.. The deal will add to CommScope's adjusted earnings in excess of 20 percent by the end of the first full year...

  • TOKYO, Jan 28- Japan's Canon Inc reported a slight increase in fourth-quarter profit, with a weaker yen and rising sales of office equipment countering difficulties faced by its camera division. Operating profit for the three months to Dec. 31 rose 5.4 percent year on year to 98.5 billion yen, the company said on Wednesday. That was slightly less than analysts'...

  • STOCKHOLM, Jan 28- Sweden's central bank may be the next to adopt unconventional policies to fight falling prices, but it is unlikely to match the impact of others as the bond market is small, yields are low and banks are already flush with cash. The U.S. Federal Reserve and Bank of England have taken similar steps. While growth in Sweden looks relatively solid at an...

  • Oil producer Cenovus Energy cuts 2015 capital spending Wednesday, 28 Jan 2015 | 6:14 AM ET

    Jan 28- Cenovus Energy Inc, Canada's No. 2 independent oil producer, cut its capital spending budget for 2015 in response to the slump in crude oil prices. The company said it could defer capital spending of up to C $700 million until oil prices recover. Cenovus announced in December a capital budget of C $2.5 billion- C $2.7 billion for this year, about 15 percent lower...