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  • European stocks extend drop after U.S. inflation data Wednesday, 19 Aug 2015 | 10:48 AM ET

    *Glencore also down after earnings drop. LONDON, Aug 19- European stock markets fell on Wednesday, extending a recent losing streak after U.S. inflation data supported expectations of a rate rise, while brewer Carlsberg slumped after cutting its outlook. News that German lawmakers had voted to back a third bailout for Greece had little positive effect, with the...

  • AbbVie buys special review voucher for $350 mln Wednesday, 19 Aug 2015 | 10:41 AM ET

    Aug 19- AbbVie Inc has bought a priority review voucher from United Therapeutics Corp for $350 million that will allow it to accelerate the review process for one of its drugs. United Therapeutics received a rare pediatric disease priority review voucher in March after its drug, Unituxin, was approved by the U.S. Food and Drug Administration to treat...

  • UPDATE 1-Greece halts activity at Canadian-run gold mine Wednesday, 19 Aug 2015 | 10:36 AM ET

    ATHENS, Aug 19- Greece has suspended the mining operations of Canada's Eldorado Gold in northern Greece, saying the company violated contract terms, in a setback to one of the top foreign investment projects in the country. The $1 billion project is considered a test case for Greece's ability to attract foreign investment to help revive its economy, but has been...

  • BERLIN/ ATHENS, Aug 19- Germany's parliament approved a third bailout for Greece on Wednesday after Finance Minister Wolfgang Schaeuble argued the country should get "a new start", while in Athens the government agonised over whether to call a snap election. The Bundestag's vote cleared one of the final obstacles to Greece getting funding so that it can make a 3.2...

  • NEW YORK, Aug 19- The dollar drifted lower on Wednesday, with investors cautious ahead of minutes from the Federal Reserve which could signal if it will raise interest rates next month. "Since most of the majors have gone through some major shifts, from the commodity complex to the China devaluation, we are largely focused on Fed policy events and U.S. economic data...

  • CHICAGO, Aug 19- Target Corp on Wednesday reported a higher-than-expected quarterly profit and raised its full-year earnings forecast for the second time, benefiting from strong demand for clothing and other product categories at the center of its growth plan. Sales of those products grew three times faster than the company average during the second...

  • Aug 19- Suja Life LLC said on Wednesday that Coca-Cola Co has bought a minority stake in the organic juice maker and will distribute its products. San Diego- based Suja, founded in 2012 by entrepreneurs Annie Lawless, Eric Ethans, Jeff Church and James Brennan, makes juices and smoothies under cold pressure to kill harmful bacteria and preserve nutrients and taste.

  • LONDON, Aug 19- Gold prices rose 1 percent on Wednesday as concerns over the Chinese economy knocked equities, and ahead of minutes of the Federal Reserve's last policy meeting, which could give fresh clues on whether U.S. interest rates will rise next month. Spot gold was up 0.8 percent at $1,126.38 an ounce at 1158 GMT, having touched a one-month high at $1,129.01.

  • JOHANNESBURG, Aug 19- Miner and commodities firm Glencore cut its forecast on Wednesday for earnings from trading, a division meant to help cushion the company against tumbling commodities prices, sending its shares to record lows. Glencore said tough market conditions, especially for aluminium and nickel, were hurting the business even though it had...

  • NEW YORK, Aug 19- When Josh Smith's boss got his computer stolen out of his car, he simply went to the store, bought a new one, and plugged it into his backup drive. "It even brought up the web page he had looked at the day before," says Smith, editor of Notebooks.com, who lives in Findlay, Ohio. On a recent-issue Apple Inc machine, the computer will automatically ask if you want to...

  • OSLO, Aug 19- Norway's $870 billion sovereign wealth fund reported its first quarterly loss in three years on Wednesday, hauled down by sliding bond and stock markets. The value of the fund's bond holdings- which account for about a third of its portfolio- fell by 2.2 percent in the April-June quarter as yields increased in its main markets, including the United...

  • ATHENS/ FRANKFURT, Aug 19- Deposits are trickling back into Greece's banks, banking sources said, offering some practical justification for a mainly symbolic move by Athens to cut the system's reliance on emergency central bank funding. But there is as yet no evidence of the substantial inflows- notably of householders' hoarded' mattress cash'- that might...

  • *Profit $1.20/ share vs est. Aug 19- Lowe's Cos Inc reported a lower-than-expected quarterly profit, hurt by higher costs and taxes, and the No.2 U.S. home improvement chain posted its slowest growth in same-store sales in five quarters. Demand was low also for exterior improvement items due to heavy rain in parts of the United States, analysts said.

  • Aug 19- Wall Street opened lower on Wednesday as Chinese stocks had another roller coaster ride and investors await the minutes from last month's Federal Reserve meeting for clues on when interest rates will be hiked.

  • Aug 19- Juice maker Suja Life LLC said Coca-Cola Co had bought a minority stake in the company and will distribute its products. Suja, which makes organic juices and smoothies, also said on Wednesday that Goldman Sachs Group Inc's merchant banking division had taken a minority stake. Piper Jaffray& Co was the adviser to Suja and Giannuzzi Group LLP served as legal...

  • WASHINGTON, Aug 19- U.S. consumer prices rose slightly in July, but a solid increase in the cost of shelter suggested inflation was probably stabilizing enough to support expectations the Federal Reserve will raise interest rates this year. The Labor Department said on Wednesday its Consumer Price Index edged up 0.1 percent last month as gasoline and food...

  • *Fed minutes expected at 2 p.m. ET. Aug 19- Wall Street was set to open lower on Wednesday as Chinese stocks had another roller coaster ride and as investors await the minutes from last month's Federal Reserve meeting for clues on when interest rates will be increased. The Fed minutes will be released at 2 p.m. ET.

  • Aug 19- Teen apparel retailer American Eagle Outfitters Inc reported its strongest comparable sales growth in 13 quarters, helped by a wider range of trendy merchandise and fewer discounts. American Eagle, unlike rivals Aeropostale Inc and Abercrombie& Fitch Co, has managed to win back shoppers by improving its merchandise to reflect trends such as festival-...

  • US TREASURY YIELDS REVERSE DECLINE, 10- YEAR NOTE YIELDS INCREASE TO 2.19 PERCENT.

  • WASHINGTON, Aug 19- U.S. consumer prices rose slightly in July as gasoline and food prices increased marginally, but a solid gain in shelter costs suggested inflation pressures were stabilizing enough to support expectations of an interest rate hike this year. The Labor Department said on Wednesday its Consumer Price Index edged up 0.1 percent last month...