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  • DOLLAR GAINS AGAINST EURO, ERASING EARLIER WEAKNESS, TRADES AT $1.3910.

  • May 7- Cablevision Systems Corp reported a rise in quarterly revenue, as higher advertising and increased cable prices offset a fall in video subscribers. Net income attributable to the company's shareholders was $89.8 million, or 33 cents per share, in the three months ended March 31, compared with a loss of $16.1 million, or 6 cents per share a year earlier.

  • May 8- Travel website owner Priceline Group Inc forecast second-quarter results below market estimates, saying a decline in its "name-your-own-price" business is hurting revenue growth. Shares of the company, which owns travel websites Priceline.com, Booking.com and Kayak.com, fell about 4 percent before the bell.

  • WASHINGTON, May 8- The number of Americans filing new claims for unemployment benefits fell more than expected last week, indicating the labor market was strengthening despite a run-up in applications in prior weeks.

  • TEXT-ECB statement after policy meeting Thursday, 8 May 2014 | 8:47 AM ET

    FRANKFURT, May 8- Following is the text of the ECB's statement issued after its policy meeting on Thursday:. Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unchanged.

  • May 8- China's JA Solar Holdings Co Ltd posted a first-quarter profit, compared with a year-earlier loss, driven by higher demand for its panels in Japan and Europe. JA Solar's shares rose 6 percent in premarket trading. JA Solar had forecast shipments of 610 MW for the first quarter.

  • May 8- Dish Network Corp, the second-largest U.S. satellite TV company, reported a better-than-expected 6 percent growth in quarterly revenue due to higher net subscriber additions.

  • ECB's Draghi says euro zone recovery proceeding Thursday, 8 May 2014 | 8:41 AM ET

    BRUSSELS, May 8- The euro zone's moderate recovery is continuing and inflationary pressures are subdued, the European Central Bank said on Thursday, pledging to keep interest rates low for an extended period of time.

  • DOLLAR FALLS AGAINST EURO TO $1.3992, WEAKEST SINCE NOVEMBER 2011.

  • DOLLAR FALLS AGAINST EURO AFTER JOBLESS CLAIMS, AS DRAGHI SPEAKS, TRADES AT $1.3974.

  • *Separatists ignore Putin calls to postpone Ukraine secession vote. LONDON, May 8- The euro was back at a two-month high on Thursday as the European Central Bank resisted calls for a rate cut to cool the currency.

  • May 8- Cable TV network AMC Networks Inc reported a better-than-expected 37 percent rise in quarterly revenue, as more people watched the fourth-season finale of its popular show "The Walking Dead". The company completed the acquisition of Chellomedia, the international content unit of Liberty Global Inc, in January.

  • WASHINGTON, May 8- The number of Americans filing new claims for unemployment benefits fell more than expected last week, indicating the labor market was strengthening despite a run-up in applications in prior weeks.

  • LONDON, May 8- The Bank of England kept interest rates at a record low on Thursday but the strong pace of Britain's economic recovery and a surge in house prices is likely to lead to a split among policymakers soon.

  • May 8- China's JA Solar Holdings Co Ltd posted a first-quarter profit, compared with a year-earlier loss, driven by higher demand for its panels in Japan and Europe. The company posted a net profit of $13.7 million, or 23 cents per American depositary share, in the quarter ended March 31, compared with a net loss of $33.3 million, or 85 cents per ADS, a year earlier.

  • Cheetah Mobile IPO raises $168 mln Thursday, 8 May 2014 | 8:23 AM ET

    May 8- China- based Cheetah Mobile Inc's initial public offering raised about $168 million after its shares were priced at $14, near the top end of the expected price range. The company sold 12 million American Depositary Shares, which were expected to be priced between $12.50 and $14.50 per ADS.

  • May 8- Dean Foods Co, the largest U.S. dairy processor, reported a quarterly loss, as milk costs rose and a severe winter in the United States hurt supply. Net loss attributable to Dean Foods was $9 million, or 9 cents per share, in the first quarter ended March 31 compared with a profit of $493 million, or $5.30 per share, a year earlier.

  • Changes aimed at making $700 trillion market safer. LONDON, May 8- Banks should get a breathing space of a few months to adjust to coming new rules on the clearing of derivatives deals, a top European Union regulator proposed on Thursday. The global derivatives market is worth around $700 trillion, with London and New York the biggest centres.

  • Biota says U.S. agency terminates funding for flu drug Thursday, 8 May 2014 | 8:14 AM ET

    May 8- Biota Pharmaceuticals Inc said a U.S. agency has terminated funding for the development of its influenza drug. The company said the Biomedical Advanced Research and Development Authority, in charge of developing countermeasures against public health emergencies, did not provide a reason for the withdrawal of support.

  • LONDON, May 8- The euro rose to a two-month high against the dollar on Thursday after the European Central Bank kept interest rates unchanged, as expected, with investors now waiting to see if President Mario Draghi ramps up warnings about a strong currency.