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  • UPDATE 1-Dean Foods posts smaller-than-expected loss Monday, 10 Nov 2014 | 9:26 AM ET

    Nov 10- Dean Foods Co, the largest U.S. milk processor, reported a quarterly adjusted loss that beat market estimates for the first time in seven quarters, sending shares up 10 percent in premarket trading. The average cost of raw milk rose about 24 percent, Dean Foods said, dragging the company to its fourth straight loss in the third-quarter ended Sept. 30.

  • Nissan's recall in June covered vehicles in four U.S. states and territories. Nissan said in a statement on Monday that it had expanded the June recall based on additional information from Takata and after consulting with NHTSA. An unidentified number of the recalled vehicles have already been repaired, according to a letter Nissan filed with NHTSA.

  • UPDATE 1-Mitel raises offer for ShoreTel to $574 mln Monday, 10 Nov 2014 | 9:09 AM ET

    Nov 10- Canadian telecommunications provider Mitel Networks Corp raised its offer for smaller U.S. peer ShoreTel Inc, after ShoreTel did not accept its earlier offer. Mitel raised its offer to $8.50 per share in cash and stock from its previous offer of $8.10 per share in cash, representing a 3.7 percent premium to ShoreTel's closing price on Friday.

  • Nov 10- In-flight internet services provider Gogo Inc posted a bigger quarterly loss as it spent more on expanding its services, sending its shares down 7 percent in premarket trading. Gogo has been spending more on international expansions, connectivity fees and regulatory approvals. Gogo also said cash capital expenditure rose 21 percent to $29.8 million...

  • Earnings season begins to wind down this week, with 16 S&P 500 companies expected to report quarterly results, including retailers Wal-Mart and Macy's as well as network equipment maker Cisco Systems. "We have had a nice run and last week we did see the markets largely go into neutral and take a bit of a pause," said Peter Kenny, chief market strategist at Clearpool...

  • UPDATE 1-McDonald's October same-store sales falls Monday, 10 Nov 2014 | 8:57 AM ET

    Nov 10- McDonald's Corp's sales fell at established restaurants in all regions last month, hurt by stiff competition in the United States and the fallout from a supplier scandal in Japan and China. Diners shunned the chain in China and Japan after a television news expose showed workers mishandling meat at a key supplier in China, and McDonald's scrambled to...

  • Mitel raises offer for ShoreTel to $574 mln Monday, 10 Nov 2014 | 8:23 AM ET

    Nov 10- Canadian telecommunications provider Mitel Networks Corp raised its offer for smaller U.S. peer ShoreTel Inc, after ShoreTel did not accept its earlier offer. Mitel raised its offer to $8.50 per share in cash and stock from its previous offer of $8.10 per share in cash, representing a 3.7 percent premium to ShoreTel's closing price on Friday.

  • *Earnings season begins to wind down this week, with 16 S&P 500 companies expected to report quarterly results, including retailers Wal-Mart and Macy's as well as network equipment maker Cisco Systems. *McDonald's Corp said worldwide sales at restaurants open at least 13 months fell 0.5 percent in October, hurt by stiff competition in the United States,...

  • LONDON, Nov 10- " The Silk Road, no longer just a concept in history books, has evolved into a story of modern logistics and Sino-European cooperation," Yang Jiechi, China's top diplomat, told a conference this month. The New Silk Road Economic Belt- from China across Central Asia and Russia to Europe- and the 21st Century Maritime Silk Road- through the Malacca Strait to...

  • Nov 10- Dean Foods Co, the largest U.S. Net sales rose 8 percent to $2.37 billion in the third quarter ended Sept. 30. Net loss attributable to the company was $16 million, or 17 cents per share, compared with a profit of $415.1 million, or $4.35 per share, a year earlier.

  • *Sees $95 oil price next year followed by decline. MOSCOW, Nov 10- Russia faces the prospect of three years of economic stagnation, the central bank predicted on Monday, underscoring the heavy costs of President Vladimir Putin's Ukraine policies and of Russia's dependence on fragile oil prices. In an annual monetary policy strategy document, the bank slashed its...

  • Nov 7- Canada's Turquoise Hill Resources Ltd reported a lower third-quarter loss due to the start of sales from its Oyu Tolgoi copper-gold mine in Mongolia and lower operating expenses. Net loss attributable to the company fell to $38.6 million, or 2 cents per share, in the quarter ended Sept. 30 from $94 million, or 9 cents per share, a year earlier.

  • Nov 10- Hong Kong- based Sky Solar Holdings Ltd slashed the size of its IPO by two-thirds to $48 million, after postponing the offering last week. Sky Solar said in a filing on Monday its offering of 6 million American Depositary Shares was expected to be priced at $7- $8 per ADR, valuing the company at about $387 million at the top end of the range. The company also listed...

  • McDonald's October same-store sales fall 0.5 percent Monday, 10 Nov 2014 | 8:07 AM ET

    Nov 10- McDonald's Corp said on Monday sales at established restaurants fell across all regions in October, hurt by stiff competition in the United States, economic and political upheaval in Europe and the fallout from a supplier scandal in China.

  • Nov 10- Cancer vaccine maker Dendreon Corp filed for Chapter 11 bankruptcy protection on Monday after its potential blockbuster cancer drug failed to live up to expectations, saddling the company with heavy debt. Dendreon's stock was down nearly 62 percent at 36 cents in premarket trading. Under the agreements, senior noteholders will support a plan of...

  • LOS ANGELES, Nov 10- Saving for college can be tough, but many families do not tap a potentially generous resource: relatives and friends. "I think people can feel comfortable going out and saying they prefer gifts that are more meaningful," said Erin Condon, vice president of Upromise, a college savings and cash rewards program, run by Sallie Mae.

  • Nov 10- Toll Brothers Inc, the largest U.S. luxury homebuilder, reported a 29 percent jump in quarterly revenue after it sold more homes at higher prices as housing demand strengthened. Toll Brothers said the number of homes it finished rose 22 percent to 1,807 in the fourth quarter ended Oct. 31, while the average selling price rose 6.3 percent to $747,000 from a...

  • Nov 10- Hong Kong- based Sky Solar Holdings Ltd, which postponed its U.S. initial public offering last week, said on Monday it expects to raise up to $48 million from the IPO. Sky Solar, which develops, owns and operates solar parks, was seeking earlier to raise up to $150 million. The company said in a filing on Monday its offering of 6 million American Depositary Shares...

  • LONDON, Nov 10- British Prime Minister David Cameron on Monday rejected a charge from his main political rival that his plan to reshape Britain's ties with its European Union partners creates uncertainty for businesses,. In an attempt to quell dissent among some of his own lawmakers and win back Eurosceptic voters who have defected to the anti- EU UK...

  • LONDON, Nov 10- Serco turned to its investors for emergency cash on Monday after writing off 1.5 billion pounds and slashing profit forecasts, sending shares plummeting by a third. Shares fell as much as 35 percent, wiping some 600 million pounds off Serco's market capitalisation, with some analysts concerned that this might not be the end of the bad news.