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  • *Pfizer to buy Hospira for about $15 billion. *Michael Kors tumbles after results, outlook. NEW YORK, Feb 5- U.S. stocks climbed on Thursday as energy shares bounced with oil prices, while news Pfizer would buy Hospira in a massive deal also lifted investor sentiment.

  • UPDATE 1-LSE puts Russell Investments up for sale Thursday, 5 Feb 2015 | 12:55 PM ET

    LONDON, Feb 5- The London Stock Exchange Group said on Thursday it would sell Russell Investments, the asset management arm of the Frank Russell Co business which it acquired for $2.7 billion last year. The exchange beat a number of interested buyers, including the Canadian Imperial Bank of Commerce and a handful of private equity firms, sources told Reuters last...

  • Feb 5- Airbus reported a roughly $11 billion preliminary order from Colombian airline group Avianca Holdings on Thursday, gaining a head start in its 2015 order race with U.S. rival Boeing subject to a final confirmation of the deal. The memorandum of understanding for 100 A320neo-family jets is worth $10.6 billion at list prices based on the main model of the...

  • Greek central bank says Greek banks "absolutely safe" Thursday, 5 Feb 2015 | 12:45 PM ET

    ATHENS, Feb 5- Greek banks are "absolutely safe" and there is no problem with their liquidity, Greek central bank governor Yannis Stournaras said on Thursday. "The ECB's decision can be taken back if there is a deal from the Greek government," he told reporters. "Deposits and liquidity are absolutely safe," Stournaras, who is also a member of the European Central Bank's...

  • LOS ANGELES, Feb 5- Walt Disney Co named parks division chief Thomas Staggs as chief operating officer of the media and theme park company on Thursday, putting him in the race to succeed Chief Executive Bob Iger. Iger recently extended his contract through June 2018. Staggs and Chief Financial Officer Jay Rasulo have been considered leading candidates to...

  • Feb 5- Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter, disappointing investors used to the luxury accessories retailer's spectacular growth over the past three years. Shares of the company, founded by fashion designer Michael Kors, fell as much as 6 percent on Thursday. Michael Kors has a history of beating estimates...

  • PARIS/ ZURICH Feb 5- Shares in Swatch Group reversed earlier losses on Thursday after the Swiss watchmaker gave a buoyant trading update and said it expected trends in the important market of China to improve. Analysts said management forecast sales could rise by about 5-8 percent in Asia, Swatch Group's biggest market, this year. Swatch shares fell sharply...

  • *Says was considering a Trian nominee as additional board member. *Says Trian wants Nelson Peltz himself on DuPont board. Feb 5- Trian Fund Management turned down DuPont's proposal to consider appointing one of the activist investor's nominees to the company's board as the fund wanted its chief executive, Nelson Peltz, to get a seat, the chemical maker said.

  • Manhattan District Attorney Cyrus Vance on Thursday said the ring bought $700,000 worth of gift cards after fraudulently obtaining "instant credit" that Apple had offered online in conjunction with Barclays Plc's Barclaycard, and then used the cards to buy Apple products. Prosecutors said he recruited Apple store employees to misuse names, addresses, birth...

  • LSE puts Russell Investments up for sale Thursday, 5 Feb 2015 | 12:28 PM ET

    LONDON, Feb 5- The London Stock Exchange Group said on Thursday it would sell Russell Investment, the asset management arm of the Frank Russell Co which it acquired for $2.7 billion last year. LSE said in a statement on Thursday it was launching a sale process, after already having received a number of expressions of interest in the unit. Reuters reported in January...

  • Disney parks chief Staggs named chief operating officer Thursday, 5 Feb 2015 | 12:25 PM ET

    LOS ANGELES, Feb 5- Walt Disney Co named parks division chief Thomas Staggs as chief operating officer of the media and theme park company, making him the likely successor to Chief Executive Bob Iger.

  • *Wall St up after jobless claims data, energy shares rise. NEW YORK, Feb 5- Stock markets around the world were mostly higher on Thursday as crude oil rebounded, but a plunge in Greek banking stocks took a toll on European equities after the European Central Bank's surprise decision to strike Greek bonds off its list of accepted collateral. The ECB move increases the...

  • LONDON, Feb 5- Copper edged higher on Thursday, helped by a weak dollar, though concerns about lacklustre demand and excess supplies kept gains in check, with data showing inventories jumped by 13 percent. "European demand is weak and getting weaker, so surplus metal is attracted back into warehouses with the ongoing backwardation," said Robin Bhar, head of metals...

  • *AMY PASCAL OUT HAS HEAD OF SONY PICTURES - CNBC SAYS Thursday, 5 Feb 2015 | 12:13 PM ET
  • Feb 5- Estee Lauder Cos Inc reported a better-than-expected rise in revenue in the second quarter, helped by higher demand for its skin care and makeup products such as Clinique lotions and Pure Color Envy lipstick during the holiday shopping season. Estee Lauder, however, said sales would fall more than it had forecast in the year ending June 30, hurt by a stronger...

  • Feb 5- Specialty chemical manufacturer W.R. Grace& Co said it would split into two companies in a tax-free transaction to shareholders, driving up its shares by as much as 15 percent. W.R. Grace, which emerged from one of the longest U.S. bankruptcies in 2013, said the split would improve its strategic focus, simplify operations and allow for better use of capital.

  • TOKYO, Feb 6- Japan's Suntory Holdings Ltd aims to double revenue at its Beam spirits business to $10 billion in five years as it capitalizes on the growing popularity of drinks like whisky and bourbon and forays further into developing markets, its new president said. Suntory last year bought U.S. bourbon maker Beam for $16 billion, propelling the company to rank...

  • FACTBOX-Russia's 'anti-crisis' fund has little to spare Thursday, 5 Feb 2015 | 11:59 AM ET

    Last week, Russia announced a $35 billion "anti-crisis" spending plan to help the economy. Almost half of the Fund is already committed to domestic projects and companies- close to a 60 percent cap that limits investments within Russia. The NWF was set up in 2008 when Russia split up its Stabilisation Fund, a rainy-day fund financed from oil taxes, into two...

  • Feb 5- Pfizer Inc said it would buy Hospira Inc for about $15 billion to boost its portfolio of generic injectable drugs and copies of biotech medicines. Pfizer offered $90 per share in cash, a 39 percent premium to Hospira's closing stock price on Wednesday. Hospira shares soared 35 percent to nearly $88 on Thursday, while Pfizer was up 2.7 percent at $32.93.

  • WRAPUP 7-Oil resumes rise, euro recovers after slide Thursday, 5 Feb 2015 | 11:49 AM ET

    *Wall St rises after data, Europe still down. NEW YORK, Feb 5- Stock markets around the world were mostly higher on Thursday, lifted by energy stocks as crude oil prices resumed their recent rise. But the European Central Bank's surprise decision late Wednesday to strike Greek bonds off its list of accepted collateral kept investors on edge.