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  • In a speech in Colorado, Securities and Exchange Commission member Daniel Gallagher unveiled the results of a new SEC review that showed an "eye-popping" percentage of licensed brokers have checkered histories, even though they are routinely inspected by regulators.

  • NEW YORK, May 9- U.S. crude futures were ranged bound on Friday as the market balanced support from a drawdown in domestic crude stockpiles against technical sell points that have kept oil from rallying higher, while Brent was lower as traders awaited developments in the Ukraine crisis.

  • *Athens wants investor to spend 2.5 bln euros on grid. According to two sources with knowledge of the matter, the possible suitors include Chinese grid operator China State Grid Corp., Italy's Terna and Belgium's Elia. Athens is selling 66 percent of ADMIE, which runs about 11,000 kilometres of high-voltage power lines across the country.

  • WASHINGTON, May 9- A big rise in U.S. wholesale inventories in March is likely to temper an expected downward revision to the government's estimate of first quarter economic growth, but fall short of keeping it from being pushed into negative territory.

  • SAN FRANCISCO/ WASHINGTON, May 9- Oracle Corp is entitled to copyright protection over certain parts of the Java programming language, according to a U.S. appeals court ruling on Friday in Oracle's high-profile lawsuit against Google Inc.. Oracle sued Google in 2010, claiming that Google had improperly incorporated parts of Java into Android.

  • Barclays sees generational shift, rivals smell blood Friday, 9 May 2014 | 12:11 PM ET

    *Barclays pares back ambitions to be Wall Street powerhouse. *Barclays to remain largest investment bank in Europe.

  • The act enables anyone to petition the EPA to initiate an amendment or repeal of rules requiring chemical testing, imposing regulatory controls and requiring information. The EPA said its notice may not result in any formal measures at all, and it would consider non-regulatory approaches.

  • *Apple reportedly close to deal for Beats Electronics. Apple Inc was the biggest drag on both the benchmark S&P index and the Nasdaq 100 on news it is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear. Apple shares lost 1.2 percent to $581.

  • *Oil prices ease after gaining on Ukraine tensions. NEW YORK, May 9- The U.S. dollar strengthened against the euro and Japanese yen on Friday after the European Central Bank signaled it could deliver fresh monetary stimulus next month, while global equity markets eased after hitting record peaks this week.

  • BUSINESS-NEWS-SCHEDULE AT 1530 GMT / 11:30 AM ET Friday, 9 May 2014 | 11:35 AM ET

    Wal-Mart should face lawsuit over alleged Mexico bribery- U.S. judge. Wal-Mart Stores Inc should face a U.S. lawsuit accusing it of defrauding shareholders by concealing suspected corruption at its Mexico operations, even after learning that a damaging media report detailing alleged bribery was being prepared, a federal judge says.

  • BRUSSELS, May 9- European Union ambassadors have agreed in principle to add about 15 people and several Crimean-based companies to the bloc's list of sanctions against Russia over its annexation of Ukraine's Crimea region, EU diplomats said on Friday.

  • SAN FRANCISCO, May 9- A U.S. appeals court on Friday ruled that Oracle Corp is entitled to copyright protection over certain parts of the Java programming language in a high profile lawsuit against Google Inc.. Google's Android operating system is the world's best-selling smartphone platform.

  • WASHINGTON, May 9 (Reuters)- The U.S. House of Representatives on Friday voted 274-131 to approve making a tax credit for business research and development (R&D) costs a permanent part of the federal tax code for the first time.

  • European shares slip after rally, Telefonica drops Friday, 9 May 2014 | 11:21 AM ET

    *Telefonica falls after Q1 profits miss forecasts. LONDON, May 9- European shares retreated on Friday as a disappointing business update from leading telecoms group Telefonica sobered the mood after a rally the previous day.

  • *Narrowing trend may soon run out of steam- analysts. LONDON, May 9- The premium which emerging dollar bonds hold over U.S. yields has shrunk to a level not seen since May 2013 when the Federal Reserve flagged plans to taper its stimulus programme and triggered a sell-off in the risky asset class.

  • LONDON, May 9- Central Oklahoma faces a significantly increased risk of a damaging earthquake, and the threat is probably related to oil and gas extraction, the U.S. Geological Survey warned on Monday.

  • WASHINGTON, May 9- U.S. trade regulators ruled on Friday in favor of investigating allegations that Mexico is dumping cheap sugar in the United States, taking Washington closer to imposing penalties on sweetener imports.

  • OTTAWA, May 9- Canada's economy lost 28,900 jobs in April, Statistics Canada said on Friday in a report that revealed across-the-board weakness in a labor market that is stalled and has been adding jobs at a more sluggish pace than in the United States.

  • *CEO Brady Dougan earned $11.2 mln in 2013. ZURICH, May 9- Credit Suisse's decision to issue shares to pay staff bonuses received the backing of shareholders by the narrowest of margins on Friday, amid widespread criticism of the Swiss lender's remuneration policy.

  • WASHINGTON, May 9- The U.S. House of Representatives on Friday voted 274-131 to approve making a tax credit for business research and development costs a permanent part of the federal tax code for the first time.