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  • Halliburton in talks to acquire Baker Hughes -source Thursday, 13 Nov 2014 | 5:07 PM ET

    Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, a person familiar with the matter said on Thursday. Baker Hughes declined to comment while Halliburton representatives could not immediately be reached for comment. The Wall Street Journal reported on the talks earlier on Thursday.

  • NEW YORK, Nov 13- An information technology engineer at Wilson Sonsini Goodrich& Rosati pleaded guilty on Thursday to insider trading based on information he learned while working at the prominent Silicon Valley law firm. Dimitry Braverman, 41, pleaded guilty in New York federal court to one count of securities fraud, two years after another Wilson Sonsini...

  • Treasury Secretary John Connally told Europeans fretting over the falling value of the dollar that "The dollar may be our currency, but it's your problem." That, argues Michael Howell of consultancy Crossborder Capital in London, is an issue given the diminished importance of the U.S. economy, now only about a fifth of the global whole but one which produces the...

  • SAN FRANCISCO, Nov 13- Applied Materials posted higher fiscal fourth-quarter results but the top chip gear-maker's outlook for the first quarter was shy of Wall Street's expectations and its stock fell. Chief Executive Gary Dickerson told analysts on a conference call he expects approval early next year for Applied Materials' agreement to buy rival Tokyo...

  • CHICAGO, Nov 13- Farmland prices in the U.S. "The downturn in crop prices of the past two years finally extinguished the trend of rising farmland values that had prevailed in the District since the fourth quarter of 2009," the Federal Reserve Bank of Chicago said, reporting land prices fell 2 percent from the second quarter but were unchanged from a year ago.

  • BOSTON, Nov 13- Two U.S.-based groups representing some of the world's biggest automakers have agreed on privacy standards for securing vast quantities of data generated by the dozens of tiny computers and tracking systems used in modern vehicles. Senator Edward Markey, a Massachusetts Democrat, said automakers should allow customers to opt out of having...

  • WASHINGTON, Nov 13- The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender's survival strategy. "Rarely does Ex-Im miss a opportunity to claim that it primarily helps small business, but Ex-Im is...

  • Canadian crude imports likely to keep falling -NEB Thursday, 13 Nov 2014 | 4:44 PM ET

    Canada has the world's third-largest crude reserves behind Saudi Arabia and Venezuela, most of which are located in the oil sands in northern Alberta. The closure of Shell Canada's Montreal East refinery in Quebec, and Imperial Oil Ltd's refinery in Dartmouth, Nova Scotia, has also reduced demand for imported crude. NEB data showed that the U.S. shale boom has...

  • Reddit CEO Wong resigns, co-founder Ohanian to return Thursday, 13 Nov 2014 | 4:38 PM ET

    Nov 13- Social news hub Reddit said Chief Executive Yishan Wong had resigned and that co-founder Alexis Ohanian would return as full-time executive chairman. Ellen Pao, Reddit's business and partnerships strategist, will serve as interim chief executive, the company said in its blog. Reddit investor Sam Altman said in a blog post that Wong resigned last week...

  • SAN FRANCISCO, Nov 13- Applied Materials posted higher fiscal fourth-quarter results but the outlook for the top chip gear-maker for the first quarter was shy of Wall Street's expectations and its stock fell. Applied Materials said on Thursday it had a net profit for the quarter ended in October of $290 million, or 23 cents a share, compared with a net profit of...

  • Puma Biotech says cancer drug fails mid-stage study Thursday, 13 Nov 2014 | 4:30 PM ET

    Nov 13- Puma Biotechnology Inc said its experimental breast cancer drug failed in a mid-stage study, sending its shares down 14 percent in extended trading. The company said the drug, neratinib, did not significantly improved disease-free survival when given in combination with cancer drug paclitaxel as a primary treatment. Puma's shares, which closed at...

  • At a Chicago hearing on Thursday, a three-judge panel of the 7th U.S. Circuit Court of Appeals questioned whether the allegations had enough connection to the United States to be heard in U.S. courts. Motorola Mobility, a unit of China's Lenovo Group Ltd, sued the suppliers in Chicago federal court in 2009, saying some of its subsidiaries had overpaid for liquid...

  • Scientific Games bond hits new bump in road Thursday, 13 Nov 2014 | 4:26 PM ET

    NEW YORK, Nov 13- Investor pushback forced Scientific Games to widen talk on its much anticipated acquisition financing bond on Thursday, which could leave the underwriters losing money on the deal. The leads announced price talk of 7.00%-7.25% for a US $700 m 7 NC3 senior secured note offering that was roughly in line with whispers. Bankers away from the deal...

  • *Brent hits Sept 2010 low below $78, US crude below $75. The decline compounded Wednesday's losses stemming from comments by Saudi Arabia's oil minister that showed little will by the kingdom to cut output when the Organization of the Petroleum Exporting Countries meets on Nov. 27. Brent settled down $2.46, or 3.1 percent, at $77.92 a barrel, after plumbing a...

  • NEW YORK/ SAO PAULO, Nov 13- A director of U.S. nutrition company Herbalife is among 12 people charged in a years-old Brazilian embezzlement case that has never been mentioned in Herbalife public disclosures, according to court documents and company filings. Herbalife has become one of America's most closely-watched companies after billionaire investors...

  • The legislation would circumvent the need for approval of TransCanada Corp's $8 billion project by the Obama administration, which has been pending for more than six years. The Senate could take up the bill next week, possibly on Tuesday. Energy and Natural Resources Committee Chairman Mary Landrieu, a Louisiana Democrat, led the effort to approve the bill in...

  • Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, Dow Jones reported on Thursday, citing unidentified sources. Baker Hughes declined to comment while Halliburton representatives could not immediately be reached for comment. Baker Hughes shares were halted in New York Stock Exchange trading due to volatility.

  • EXCLUSIVE-Virtu aiming for spring 2015 IPO -sources Thursday, 13 Nov 2014 | 4:21 PM ET

    NEW YORK, Nov 13- Electronic trading company Virtu Financial LLC hopes to go public in the spring, about a year after it originally planned its market debut, two sources familiar with the matter said on Thursday. Its release nearly coincided with the filing of a high-profile lawsuit by New York's attorney general accusing Barclays Plc of securities fraud in its...

  • July 2008- TransCanada announces plans to expand its existing 590,000 bpd Keystone oil pipeline system to the Gulf Coast. September 2008- TransCanada Corp files an application with the U.S. State Department for a presidential permit allowing construction of the project. November 2011- The U.S. State Department says it needs to assess alternative routes for...

  • WASHINGTON/ NEW DELHI, Nov 13- After this week's carbon deal between the United States and China, No. 3 emitter India faces growing pressure to devise a clear strategy and step out of China's shadow during pivotal global climate talks. The U.S.- China deal "frees up India to say what it believes is an equitable stance... now that China is saying what it plans to do," said...