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  • Nov 14- Zoetis Inc adopted a poison pill, three days after activist investor William Ackman's Pershing Square Capital Holdings revealed a stake in the animal health company. Ackman said his hedge fund had picked up an 8.5 percent stake in Zoetis, along with Sachem Head Capital, which owned 1.6 percent stake separately. Shares of Zoetis, which have gained 7 percent...

  • The decision Friday by the U.S. Court of Appeals for the Federal Circuit invalidating the patent owned by Ultramercial LLC confirmed the reach of a recent U.S. Supreme Court ruling that has placed a cloud over the soundness of many software patents. CLS Bank, the Supreme Court ruled that a basic idea- not normally eligible for a patent- does not become...

  • UBS looking to take back bonuses from forex traders Friday, 14 Nov 2014 | 6:26 PM ET

    Nov 14- UBS AG, among the six banks fined this week for their role in the global foreign exchange scandal, is looking at clawing back bonuses from its traders. HSBC Holdings Plc, Royal Bank of Scotland Group Plc, JPMorgan Chase& Co and Citigroup Inc are the other banks looking to take back bonuses, according to the FT report. JPMorgan declined to comment on the FT report,...

  • Nov 14- Denbury Resources Inc said it planned to cut its 2015 capital spending by 50 percent, joining a raft of oil and gas producers scaling back investments due to the recent slide in crude oil prices. Denbury Resources said it would discuss these proposals at its annual analyst day on Nov. 18. Denbury Resources also said it planned to give an annual dividend of 40...

  • Nov 14- Activist investor Starboard Value LP disclosed stakes in Yahoo Inc and AOL Inc on Friday, nearly two months after it urged the two companies to merge. Starboard disclosed a 7.7 million share stake in Yahoo and a 1.9 million share stake in AOL. This translates to a 0.8 percent stake in Yahoo and a 2.5 percent stake in AOL, according to Thomson Reuters data.

  • BOSTON, Nov 14- Soros Fund Management, one of the world's most widely followed investment firms, slashed its stake in Herbalife Ltd. by 60 percent during the third quarter, a period when Herbalife missed Wall Street earnings estimates and its stock price tumbled. Herbalife has become one of America's most closely watched companies since billionaire investor...

  • NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, for a fourth consecutive quarter in the third quarter, when bullion prices fell on an improving U.S. economic outlook. New York- based Paulson& Co, led by longtime gold bull John Paulson, owned around 10.2 million shares of the ETF...

  • LOS ANGELES, Nov 14- Walt Disney Co's cloud-based movie storage service will give customers the ability to add purchases from Vudu, an online store operated by Wal-Mart Stores Inc, a Disney official said on Friday. Films bought on Vudu will be integrated with the Disney Movies Anywhere service starting on Tuesday, Jamie Voris, Disney Studios' chief technology...

  • NEW YORK, Nov 14- Hedge funds scooped up shares of China's Alibaba Group Holding in the third quarter, making the e-commerce giant one of the most commonly bought stocks among some of the biggest U.S. investors, according to regulatory filings on Friday. Among the institutional investors that took new stakes in Alibaba were Soros Fund Management, the hedge fund...

  • Nov 14- The U.S. Food and Drug Administration said on Friday it expects China, after almost two years of delays, to soon approve visas that will allow the agency to more than double its staff in China. "We're heading into the homestretch," Margaret Hamburg told reporters on a conference call, when asked how soon China might approve the visas, which would more than triple...

  • SOROS FUND MANAGEMENT LLC CUTS STAKES IN BARRICK GOLD CORP, GOLD MINING COMPANIES ETFS- 13- HR FILING.

  • NEW YORK, Nov 14- U.S. stocks posted a fourth straight week of increases but ended Friday little changed as losses in healthcare shares offset gains in energy. Apple shares rose 1.2 percent to $114.18, another record high. Biotech stocks were among biggest decliners in the S&P health care index, which fell 0.8 percent and was the biggest drag on the S&P 500. Gilead...

  • PAULSON HOLDS ONTO GOLD ETF IN Q3 DESPITE PRICE DROPS-. NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, for a fourth consecutive quarter in Q3, when bullion prices fell on an improving U.S. economic outlook. New York- based Paulson& Co, led by longtime gold bull John Paulson, owned...

  • NEW YORK, Nov 14- Brent crude jumped almost $2 a barrel on Friday for its biggest daily gain in three weeks as support emerged a day after prices crashed to four-year lows below $80, but analysts were skeptical the rebound would continue, citing concerns over oversupply. Brent remains below $80 a barrel, compared with a June high above $115. "The market was so...

  • NEW YORK, Nov 14- Hedge funds scooped up shares of Chinese company Alibaba Group Holding in the third quarter, making the e-commerce giant one of the most commonly bought stocks among some of the country's biggest investors, according to regulatory filings on Friday. Among the institutional investors that took new stakes in Alibaba were Jana Partners, the $11...

  • NEW YORK, Nov 14- The dollar gave up strong early gains and turned lower on Friday after the battered euro pivoted to price gains amid reports of short-covering in the common currency and a drop in U.S. bond yields. "We have a fairly well-developed upward trend in the U.S. dollar," said Camilla Sutton, chief currency strategist at Scotiabank in Toronto.

  • NEW YORK, Nov 14- U.S. stocks rose for a fourth straight week but ended Friday little changed as declines in healthcare and consumer stocks were offset by gains in energy and technology. The Dow Jones industrial average fell 16.96 points, or 0.1 percent, to 17,635.83, the S&P 500 gained 0.53 points, or 0.03 percent, to 2,039.86 and the Nasdaq Composite added 8.40...

  • CALGARY, Alberta, Nov 14- Kinder Morgan Energy Partners LP said on Friday it would resume preliminary work on its Trans Mountain pipeline after a British Columbia court granted an injunction against protesters blocking work crews in the Vancouver suburb of Burnaby. Kinder Morgan hopes to triple the size of its 300,000- barrel-per-day Trans Mountain...

  • Morgan Lewis announced on Friday that its partners voted to accept 227 partners from Bingham, which has about 300 overall. The announcement came days after Bingham partners voted to approve the deal. A Morgan Lewis spokeswoman declined to comment on the terms of the deal, and a Bingham spokeswoman did not immediately return a call for comment.

  • NEW YORK, Nov 14- U.S. long-dated Treasury debt prices rose on Friday for a third straight session, as institutional buyers scooped up bonds, comforted by benign inflation in the world's largest economy that should allow the Federal Reserve to keep interest rates lower for longer. "Low inflation expectations in the U.S. have prompted buying on the long end," said Kim...