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  • DirecTV revenue rises 3.8 pct Thursday, 19 Feb 2015 | 7:46 AM ET

    Feb 19- DirecTV, the No.1 U.S. satellite TV company, posted a 3.8 percent rise in quarterly revenue as it earned more in the United States and added more subscribers there than expected. Net income attributable to the company fell to $778 million, or $1.53 per share, in the fourth quarter ended Dec. 31, from $810 million, or $1.53 per share, a year earlier.

  • LONDON, Feb 19- A Greek proposal to extend its bailout and not to undermine agreed fiscal targets lifted European stocks to seven-year highs on Thursday and cut government borrowing costs across the euro zone, even though Germany rejected it. Despite the German rejection, Greece's wording of a document seen by Reuters appeared to go substantially toward the...

  • BERLIN, Feb 19- The German finance ministry rejected a new proposal from Athens on Thursday for an extension of its bailout programme, saying it fell short of the conditions set out by Greece's euro zone partners. "The letter from Athens is not a proposal that leads to a substantial solution," ministry spokesman Martin Jaeger said in a statement.

  • UK's Asda sales hurt by supermarket price war Thursday, 19 Feb 2015 | 7:14 AM ET

    LONDON, Feb 19- Supermarket Asda, the British arm of United States retailer Wal-Mart, said on Thursday same store sales fell in its Christmas quarter, hurt by an escalating industry price war. Asda, which trails UK market leader Tesco by annual revenue, said sales at stores open over a year, excluding fuel, were down 2.6 percent on a year ago in the 12 weeks to Jan. 4, its...

  • RIO DE JANEIRO, Feb 19- Brazilian miner Vale SA said on Thursday it produced 319.2 million tonnes of iron ore in 2014, beating its forecast for the year, as it begins to boost production after years of stagnation. The growth in production will be more than offset by falling iron ore prices, which fell by half last year as a massive increase in Australian capacity...

  • FOREX-Dollar recoups lost ground on talk of SNB buying Thursday, 19 Feb 2015 | 7:11 AM ET

    *Greece requests extension of loan agreement. LONDON, Feb 19- The dollar recovered on Thursday, on talk the Swiss National Bank was buying the greenback, helping it recoup losses made after minutes from the Federal Reserve policy meeting showed an interest rate hike was some distance away. It got little support from news that Greece had formally requested a...

  • Feb 19- Discovery Communications Inc, the owner of Animal Planet and the Discovery Channel, reported a 9 percent rise in quarterly revenue, helped by growth in advertising and distribution revenue at its international networks. Discovery, which gets more than half its revenue from international networks, said revenue rose to $1.68 billion from $1.54 billion a...

  • Feb 19- LPL Financial Holdings Inc, the largest U.S. independent broker-dealer, reported a better-than-expected quarterly adjusted profit on Thursday, driven by strong growth in its advisory business. On an adjusted basis, LPL earned 66 cents per share in the fourth quarter ended Dec. 31, above the average analyst estimate of 60 cents per share, according to...

  • US STOCKS-Futures flat, but crude oil sharply lower Thursday, 19 Feb 2015 | 7:02 AM ET

    *Crude oil slumps, but above $50 per barrel. *Greece aims to finish euro zone deal "soon". NEW YORK, Feb 19- U.S. stock index futures were little changed on Thursday as investors looked ahead to data on the labor market and continued to digest recent comments by Federal Reserve officials.

  • AMSTERDAM, Feb 19- Dutch insurer Aegon reported better than expected fourth-quarter earnings on Thursday, boosted by investment gains as the company sold off assets in preparation for Europe's new Solvency II capital rules which come into force next year. Net income jumped to 399 million euros from 157 million euros in the same period of 2013, as the company...

  • Feb 19- T-Mobile US Inc's quarterly profit and revenue handily beat market estimates as aggressive discounts helped the No. 4 U.S. wireless operator add more than 2 million subscribers. The carrier, two-thirds of which is owned by Deutsche Telekom, has turned around years of subscriber losses with discount offers in recent quarters. T-Mobile reported net...

  • FRANKFURT, Feb 19- German exchange operator Deutsche Boerse aims to conclude a wide-ranging cooperation agreement with the Shanghai Stock Exchange soon, completing a key element to its Asian expansion plans, Deputy CEO Andreas Preuss said. Deutsche Boerse aims to offer trading, clearing and other services across the Asian time zone under its new brand Eurex...

  • *Europe losing market share in India to U.S., Russia. Europe's share of defence sales to India, the world's top arms importer, slid to less than 4 percent in 2013 from more than a fifth in 2005, data from think tank Stockholm International Peace Research Institute showed. But India has stipulated that for winning defence deals, foreign firms give domestic companies...

  • Feb 19- U.S. drinks can maker Ball Corp agreed to buy British rival Rexam Plc in a sweetened 4.43 billion pounds deal, creating an industry giant that can better manage capital spending and costs as aluminium premiums rise. Shares in Rexam, which makes cans for Coca-Cola Co and Anheuser-Busch InBev, rose more than 6 percent to 571.5 pence in early trading before...

  • TEXT-Greek request letter for bailout extension Thursday, 19 Feb 2015 | 6:34 AM ET

    BRUSSELS, Feb 19- Following is the text of a letter sent by Greek Finance Minister Yanis Varoufakis to his Dutch counterpart Jeroen Dijsselbloem, president of the Eurogroup of euro zone finance ministers. Over the last five years, the people of Greece have exerted remarkable efforts in economic adjustment. The Greek authorities honour Greece's financial...

  • *2014 EPS of 38 pence in line with 37.7 pence forecast. LONDON, Feb 19- BAE Systems, the world's third-largest defence contractor by revenue, said it believed the worst was over for spending cuts in its key U.S. market as it forecast that earnings would return to growth in 2015.. Its profits have been hit in recent years by government spending cuts, particularly in the...

  • LPL Financial profit rises 9.3 percent Thursday, 19 Feb 2015 | 6:23 AM ET

    Feb 19- LPL Financial Holdings Inc reported a 9.3 percent rise in quarterly profit, helped by higher advisory and brokerage assets. Net income rose to $48.5 million, or 49 cents per share, in the fourth quarter ended Dec. 31, from $44.4 million, or 43 cents per share, a year earlier. Advisory and brokerage assets rose 8.4 percent to $475.1 billion.

  • T-Mobile revenue jumps 19.4 pct Thursday, 19 Feb 2015 | 6:15 AM ET

    Feb 19- T-Mobile US Inc, the No. 4 U.S. wireless operator, reported a 19.4 percent rise in quarterly revenue as it added more subscribers. The company added a net 2.1 million customers in the fourth quarter ended Dec. 31. Revenue jumped to $8.15 billion from $6.83 billion a year ago.

  • BEIJING, Feb 19- China's Lenovo Group Ltd, the world's largest PC maker, had pre-installed a virus-like software on laptops that makes the devices more vulnerable to hacking, cybersecurity experts said on Thursday. Users reported as early as last June that a programme called Superfish pre-installed by Lenovo on consumer laptops was' adware', or software that...

  • *Athens uses vital EU wording to request extension. ATHENS/ BRUSSELS, Feb 19- Greece formally requested a six-month extension to its euro zone loan agreement on Thursday, offering major concessions as it raced to avoid running out of cash within weeks and overcome resistance from skeptical partners led by Germany. A government official told Reuters that Athens...