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  • WASHINGTON, March 12- Orbital ATK expects to complete an investigation into the Oct. 28 explosion of its Antares rocket by the end of March, the company's chief executive said on Thursday. Orbital CEO David Thompson declined to give any details about the investigation. The explosion destroyed a cargo ship bound for the International Space Station.

  • March 12- Charter Communications is in talks to buy privately held cable company Bright House Networks LLC, according to a source familiar with the matter. Bright House has an operating agreement in place with Time Warner Cable Inc that allows it to share technology and programming rates with the larger cable operator. That agreement came into question when...

  • Earnings support European shares near seven-year highs Thursday, 12 Mar 2015 | 1:32 PM ET

    PARIS/ LONDON, March 12- European shares held near fresh seven-year highs hit on Thursday, weighed down by Sabadell after it made a bid for TSB, although better than expected earnings reports supported the market. Spain's Banco de Sabadell fell 6.6 percent after making a takeover bid that valued British bank TSB at around $2.6 billion. But they have to set aside the...

  • NEW YORK, March 12- United Technologies Corp's chief executive officer said on Thursday that the company will spend $1 billion on acquisitions this year, "maybe a little bit more." United Technologies CEO Greg Hayes, speaking at investor day in New York, previously said he was interested in large deals. Hayes also said the company expects $45 billion in free...

  • *Spot copper demand in China recovers only marginally-traders. LONDON, March 12- Copper prices hit their highest in more than a week on Thursday after upbeat lending data from China calmed fears about metals demand and triggered short-covering while a dip in the dollar also offered support. "We'd had a bit of a breather in the dollar and that's lending a bit of...

  • *Says sales fell in 9 days after CBS show. March 12- Lumber Liquidators Holdings Inc defended its flooring against allegations that some of its products contain dangerous levels of a cancer-causing substance, delivering a blow-by-blow account of its testing process to assuage investor concerns. Lumber Liquidators came under fire after CBS's "60 Minutes" show...

  • SAO PAULO, March 12- Brazilian steelmaker Cia Siderurgica Nacional SA expects to double its sales on the U.S. market in 2015 to 600,000 tonnes with the help of a stronger dollar, the company's head of sales said on Thursday. Brazil's currency, the real, has weakened nearly 17 percent against the dollar so far in 2015 and is trading near 11- year lows.

  • Disney to release 'Star Wars: Episode VIII' in May 2017 Thursday, 12 Mar 2015 | 1:29 PM ET

    March 12- Walt Disney Co will release the eighth installment in the "Star Wars" sci-fi film series on May 26, 2017, Chief Executive Bob Iger said on Thursday.

  • *Spain 10- year yields fall below 1 percent. Core bonds lagged their peripheral euro zone peers as some investors booked profits after the start of the European Central Bank's 60 billion euro- a-month securities buying programme kicked yields to record lows. Spain, Italy and Ireland sold nearly 13 billion euros combined of new debt at record low yields, helping...

  • MOSCOW, March 12- Ukraine's High Court has decided to take back into state ownership a 68- percent stake in an asset of Russian aluminium giant Rusal, the General Prosecutor's office said in a statement on Thursday. Rusal suspended work at the Zaporizhia alumina and aluminium complex in southeastern Ukraine several years ago as a result of low aluminium prices.

  • WASHINGTON, March 12- Exide Technologies has agreed to shutter its lead-acid battery recycling facility in Vernon, California, and pay $50 million in clean-up costs to avoid criminal prosecution for illegal storage of hazardous waste. As part of a deal reached late Wednesday with the U.S. Attorney's Office in California's central district, Exide also...

  • President Barack Obama will not accept action by Congress that "locks in" sequestration spending constraints, White House budget director Shaun Donovan said on Thursday as Republicans prepare to release their budget plans. Although the president doesn't sign the non-binding budget resolution from Congress, he does have the ability to veto spending...

  • *Genscape cites another big U.S. crude stock in Cushing- trade. NEW YORK, March 12- Global oil prices weakened on Thursday, with both benchmark Brent and U.S. crude surrendering early gains in volatile trading before the expiry of their front-month contracts and in fears of a supply build at the delivery point for U.S. oil. "The ship channel opening allows crude to get...

  • OTTAWA, March 12- Canada's broadcast regulator said on Thursday it was relaxing long-standing requirements for television broadcasters to carry a certain amount of Canadian-produced content.

  • Citi's Corbat says stress test efforts "far from over" Thursday, 12 Mar 2015 | 1:04 PM ET

    March 12- Citigroup Inc Chief Executive Mike Corbat told employees that the bank's stress test work is "far from over," despite the Federal Reserve raising no objections to Citi's capital plan. Citi failed the so-called stress tests in 2012 and 2014. Corbat has staked his job on the bank never failing them again. Desoer, who joined Citi in 2013, worked at Bank of...

  • ANDORRA LA VELLA, March 12- The Andorra government dismissed the board of Banca Privada d' Andorra on Thursday, two days after taking control of the lender to investigate U.S. allegations of money laundering. Andorra, a tiny tax haven nestled in the Pyrenees mountains between France and Spain, relies on the banking sector for about 20 percent of gross domestic...

  • SAO PAULO, March 12- Brazilian meats company JBS SA plans to focus on Australia, its U.S. pork operations and its processed foods division under a 2015 strategy focused on "organic expansion" rather than acquisitions, CEO Wesley Batista said on Thursday. JBS plans to finalize its $1.25 billion purchase of Australian processed foods maker Primo Smallgoods this...

  • WHITE HOUSE BUDGET DIRECTOR DONOVAN SAYS OBAMA WON'T ACCEPT BUDGET FROM CONGRESS THAT "LOCKS IN" SEQUESTRATION SPENDING CONSTRAINTS.

  • *Genscape cites another big U.S. crude stock in Cushing- trade. NEW YORK, March 12- Global oil prices weakened on Thursday, with both benchmark Brent and U.S. crude surrendering early gains in volatile trading before the expiry of their respective front-month contracts and fears of a new supply build at the delivery point for U.S. oil. The estimate came after U.S....

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.