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  • Dec 4- Dollar General Corp reined in its full-year sales forecast and said it remained committed to buying Family Dollar Stores Inc, a deal that would allow it to keep its position as the No. 1 U.S. discount retailer. Dollar General will lose its top position if it fails to upend a merger agreement between Family Dollar and Dollar Tree Inc.. Dollar General took its $80...

  • KUALA LUMPUR, Dec 4- Copper rose on Thursday as investors hoped for more stimulus in Europe and worried about the impact of a fire at a mine, though concerns about the outlook for demand from top consumer China limited gains. Bolstering financial markets was a meeting of the European Central Bank, which kept the cost of borrowing at record lows.

  • U.S. jobless claims fall, unwind prior week's increase Thursday, 4 Dec 2014 | 8:31 AM ET

    WASHINGTON, Dec 4- The number of Americans filing new claims for unemployment benefits fell last week, pointing to an improving labor market. Initial claims for state unemployment benefits dropped by 17,000 to a seasonally adjusted 297,000 for the week ended Nov. 29, the Labor Department said on Thursday. A Labor Department analyst said there were no special...

  • *Government collapse, slower growth weigh on Israel's currency. JERUSALEM/ TEL AVIV, Dec 4- The collapse of Israel's government will keep investors on edge at least until new elections are held in March, adding to the economic hit to tourism and growth from the July-August Gaza war. This week alone it has lost 2.5 percent against the dollar, with the fall of Prime...

  • LONDON, Dec 4- Bidders including Borealis, Macquarie and Cheung Kong Infrastructure Holdings are lining up multi-billion dollar bids for Fortum's Swedish power grid ahead of a mid-December deadline, sources familiar with the matter told Reuters. Finland's state-controlled utility Fortum is selling its Swedish power grid, which is seen fetching around 6...

  • Dec 4- U.S. proven crude oil and lease condensate reserves increased 9.3 percent to 36.5 billion barrels in 2013, up from 33.4 billion barrels in 2012, the U.S. Energy Information Administration said in a report Thursday. EIA also said proven wet natural gas reserves gained 9.7 percent to 354 trillion cubic feet in 2013, up from 322.7 tcf in 2012..

  • Gusty winds delay NASA's Orion spaceship test flight Thursday, 4 Dec 2014 | 8:12 AM ET

    CAPE CANAVERAL, Fla., Dec 4- The launch of NASA's Orion deep-space capsule for a test flight around Earth was delayed on Thursday due to gusty winds at the launch site. Liftoff of the United Launch Alliance Delta 4 Heavy rocket and Orion capsule from Cape Canaveral Air Force Station in Florida had been targeted for 7:05 a.m. EST. "There is high optimism that we'll be...

  • TIGHT OIL PLAYS ACCOUNTED FOR 28 PERCENT OF ALL U.S.

  • *Brent seen averaging $82.50, U.S. crude $78.00 in 2015. Although forecasts have collapsed in the wake of OPEC's decision last week not to cut output despite a global glut, analysts still see oil prices next year averaging more than $10 a barrel above current levels, the poll showed. The survey of 31 analysts and economists, conducted after the Organization of the...

  • NORTH DAKOTA'S CRUDE OIL AND LEASE CONDENSATE PROVED RESERVES SURPASSED THOSE OF THE FEDERAL GULF OF MEXICO, RANKING IT SECOND ONLY TO TEXAS AMONG U.S.

  • PROVEN WET NATURAL GAS RESERVES UP 9.7 PERCENT TO 354 TRILLION CUBIC FEET IN 2013- EIA.

  • TORONTO, Dec 4- Toronto-Dominion Bank reported a weaker-than-expected fourth-quarter profit on Thursday, even as its revenue and earnings rose, and said it expects a more challenging operating environment in 2015.. Canada's second-largest lender said its net income rose to C $1.75 billion, or 91 Canadian cents per share, in the fourth quarter ended Oct. 31, from...

  • PROVEN CRUDE OIL AND LEASE CONDENSATE RESERVES UP 9.3 PERCENT TO 36.5 BILLION BARRELS IN 2013- EIA.

  • NEW YORK, Dec 4- Ah, the holidays. Robin Gorman Newman is no different. "Like any kid, my son loves to receive," says Newman, mom to an 11- year-old in Long Island, New York, and founder of the organization Motherhood Later for moms over 35..

  • NEW YORK, Dec 4- U.S. stock index futures ticked up on Thursday, with the Dow industrials nearing the 18,000 mark, ahead of news from the European Central Bank on whether it will further ease monetary policy. Dechra Pharmaceuticals recently launched its own treatment for the condition in Britain. *Workers in various industries are expected to stage strikes and...

  • ECB leaves cost of borrowing unchanged Thursday, 4 Dec 2014 | 7:48 AM ET

    FRANKFURT, Dec 4- The European Central Bank left interest rates unchanged on Thursday, holding them at record lows while it considers whether to print money to buy government debt to shore up the euro zone economy. The decision to leave the cost of borrowing at record lows was widely expected after the ECB cut rates to rock-bottom levels in September and the...

  • Dec 4- Canadian discount chain Dollarama Inc reported a 18.4 percent rise in third-quarter profit, helped by strong Halloween sales and store openings. Net income rose to C $73 million, or 55 Canadian cents per share, in the quarter ended Nov. 2 from C $61.7 million, or 43 Canadian cents per share, a year earlier. The Montreal- based company's revenue rose 12.4 percent...

  • Dec 4- Dollar General Corp reported a 7.8 percent rise in quarterly sales and said it remained committed to buying Family Dollar Stores Inc, which has already agreed to be acquired by Dollar Tree Inc.. Dollar Tree will unseat Dollar General as the No. 1 U.S. deep-discount retailer if it closes the deal with Family Dollar. Dollar General's net income slipped to...

  • Gildan Activewear's quarterly profit rises 27 pct Thursday, 4 Dec 2014 | 7:21 AM ET

    Dec 4- Canadian apparel maker Gildan Activewear Inc's quarterly profit rose 26.8 percent, helped by higher sales of its printwear and branded apparel and its acquisition of Canadian hosiery company Doris Inc.. Net income rose to $122.7 million, or $1 per share, in the fourth quarter ended Oct. 5 from $96.8 million, or 79 cents per share, a year earlier.

  • COLUMN-No more geopolitical risks please: Kemp Thursday, 4 Dec 2014 | 7:20 AM ET

    LONDON, Dec 4- "Warning lights are flashing over the global economy," Britain's finance minister, George Osborne, told a packed House of Commons on Wednesday during the last major economic debate of the current parliament. "Japan is in recession, the euro zone is stagnating, and the geopolitical risks are rising," according to Osborne, who warned that forecasts for...