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  • Nine partners quit Patton Boggs amid merger talks Friday, 28 Mar 2014 | 9:00 AM ET

    March 28- In the latest defections to hit Washington, D.C., law and lobbying firm Patton Boggs, nine partners are leaving the firm, according to several sources with direct knowledge of the moves. One of the parting lawyers, Benjamin Chew, led the commercial litigation and antitrust group, while Kevin Boardman had been on the firm's strategic planning committee.

  • *Consumer spending rises 0.3 percent in February. WASHINGTON, March 28- U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather. The Commerce Department said on Friday that consumer spending increased 0.3 percent last month after rising by a revised 0.2 percent in January.

  • *Momentum stocks still in focus, Netflix down in premarket. *Red Hat down after outlook, BlackBerry up on results. NEW YORK, March 28- U.S. stock index futures indicated a higher opening on Wall Street Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy.

  • March 28- Idera Pharmaceuticals Inc said its lead experimental drug for the most common form of psoriasis was found to be safe and well tolerated by patients after 12 weeks of treatment in a mid-stage trial. The company's shares rose 40 percent to $5.40 in premarket trading on Friday.

  • U.S. consumer spending, income rise in February Friday, 28 Mar 2014 | 8:30 AM ET

    WASHINGTON, March 28- U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather. The Commerce Department said on Friday that consumer spending increased 0.3 percent last month after rising by a revised 0.2 percent in January.

  • TORONTO, March 28- BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday, sending its shares up nearly 7 percent, even as its smartphone sales continued to slide.

  • *Emerging market ructions marred Europe Q1 performance. LONDON, March 28- Emerging market ructions have driven a divergence in sector performance on European bourses this year that is likely to ebb in the second quarter as investors become more confident about global economic recovery.

  • *China investment promise boosts basic resources. LONDON, March 28- European shares rose on Friday and looked set to gain for a second straight week after basic resources stocks got a boost from China.

  • LONDON, March 28- The euro fell to a three-week low against the dollar on Friday, with investors mindful of strong rhetoric from European Central Bank officials about its recent strength and awaiting German inflation data that could undermine it further.

  • TORONTO, March 28- BlackBerry Ltd reported a quarterly loss on Friday as smartphone sales continued to slide across all regions. The company said during the fourth quarter it recognized hardware revenue on about 1.3 million BlackBerry smartphones compared to about 1.9 million devices in the previous quarter.

  • Chen, viewed by tech industry insiders as a turnaround artist, wants BlackBerry to zero in on its core base of corporate and government clients, and on its services arm, which secures mobile devices on the internal networks of big clients. BlackBerry reported a fiscal fourth-quarter loss on Friday.

  • March 28- Idera Pharmaceuticals Inc said its experimental drug for an inflammatory skin disease was found safe and well tolerated by patients after 12 weeks of treatment in a mid-stage trial. The company's shares rose about 40 percent to $5.40 in premarket trading on Friday.

  • LONDON, March 28- Copper rose on Friday, climbing to its highest in 2-1/ 2 weeks, as speculation gathered pace that China could step-in to stimulate its economy and lift demand for industrial metals.

  • March 28- BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, posted a quarterly net loss, mainly due to higher expenses. The company, which was spun off from Bombardier Inc in 2003, reported a net loss of C $6.3 million for the quarter ended Jan. 31 compared with a profit of C $35.8 million, a year earlier.

  • *Red Hat profit beats expectations, but outlook weak. NEW YORK, March 28- U.S. stock index futures rose on Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy. *The prospect of slowing growth in China, the world's second-largest economy, has long been a market headwind.

  • *Gold on track for 3 pct weekly decline. LONDON, March 28- Gold edged up on Friday, but was near six-week lows under $1,300 an ounce and was on track for a second straight weekly decline as an improving U.S. economic outlook lifted the dollar and bolstered appetite for risk. Gold futures for April delivery rose 0.1 percent to $1,296.10 an ounce.

  • *Close watch on capability, especially U.S. Navy P8. PERTH/ SYDNEY, Australia, March 28- The pot-bellied silhouette of a Chinese Il-76 military transport plane appeared in the sky over Perth International Airport just as the U.S. naval officer was explaining how he guards his cutting-edge surveillance plane.

  • TORONTO, March 28- BlackBerry Ltd reported a quarterly loss on Friday as smartphone sales continued to slide across all regions. The Waterloo, Ontario- based company reported a net loss of $423 million, or 80 cents a share, for the fourth quarter ended March 1. Revenue fell to $976 million from $2.68 billion.

  • March 28- A prolonged drought in California could lead to ratings downgrades on the state's water and public power utilities unless they show a willingness to raise prices, according to a report by Fitch Ratings.

  • LONDON, March 28- Asia- focused bank Standard Chartered Plc paid 118 of its bankers at least 1 million euros last year, topped by a $9.5 million payout to Mike Rees, head of its wholesale or investment banking division.