KUALA LUMPUR, March 11- Malaysia's air force chief denied a media report that the military last tracked a missing Malaysia Airlines jetliner over the Strait of Malacca, far from where it last made contact with civilian air traffic control when it disappeared four days ago.» Read More
RIO DE JANEIRO, Nov 21 (Reuters)- A Brazilian judge on Thursday denied bankruptcy protection for the foreign subsidiaries of OGX in a decision that may complicate the recovery of the oil company, which is controlled by former billionaire Eike Batista.
NEW YORK, Nov 21- U.S. retailer Sears Holdings Corp, which has been struggling to generate cash from its operations, sees room to close more stores next year, Chief Executive Edward Lampert said on Thursday.
Nov 21- Data analytics software maker Splunk Inc reported better-than-expected quarterly results due to the addition of more corporate and government customers, and raised its full-year revenue forecast. Splunk shares rose 9 percent in extended trading. Splunk won 207 deals worth more than $100,000 each in the quarter, including a deal from Intuit Inc..
NEW YORK, Nov 21- Many prominent managers at the Reuters 2014 Global Investment Outlook Summit believe the record-setting run-up in U.S. stocks is due for a reckoning but acknowledge that ample liquidity could push equities higher regardless of fears.
WASHINGTON, Nov 21- The four key negotiators on the new farm bill are miles apart on the paramount issue- the level of cuts in the major U.S. anti-hunger program- with no sign of compromise as time runs down for legislative action before the end of the year.
SYDNEY, Nov 22- The yen fell to a fresh four-year low against the euro early in Asia on Friday, left exposed after promising data in both Germany and the United States underpinned the single currency and the U.S. dollar. The euro climbed as far as 136.45 yen, reaching highs not seen since October 2009, while the U.S. dollar scaled a four-month peak of 101.19 yen.
TOKYO, Nov 22- U.S. hedge fund Third Point LLC has made no management proposals to Japanese telecommunications operator SoftBank Corp in conjunction with its $1 billion investment, a source close to Third Point said on Friday.
*Cuts 2013 earnings/share forecast to $1.42- $1.47 from $1.50- $1.55. Nov 21- Specialty grocery retailer Fresh Market Inc cut its 2013 earnings forecast for the second time as it battles a weak U.S. consumer spending environment, sending its shares down as much as 16 percent after the bell.
BIRMINGHAM, Ala., Nov 21- A U.S. judge on Thursday approved a landmark settlement between Alabama's bankrupt Jefferson County and creditors that locks in more than $1 billon of losses for Wall Street and clears a path to end the second-biggest U.S. municipal bankruptcy case.
CARACAS, Nov 21- Venezuelan state oil company PDVSA's January-to-September revenue reached nearly $87 billion, oil minister Rafael Ramirez said on Thursday, adding that investment would close out 2013 at $25 billion. "We are going to end the year with investment of $25 billion."
Gasoline prices jumped about 3 percent, crude oil rose nearly 2 percent and heating oil and natural gas added about 1 percent each after news of dwindling energy inventories and refinery glitches in the United States and Europe.
The company, whose customers include hard disk drive and flash drive makers Western Digital Corp, Seagate Technology and Toshiba Corp, also reported better-than-expected results for the third quarter. Marvell said it expected an adjusted profit of 23- 27 cents per share for the current quarter on revenue of $880 million to $920 million.
SAN JUAN, Nov 21- The Obama administration is dispatching a team of experts to Puerto Rico to advise the Caribbean island's government on its hard-pressed finances and to help it better tap federal funding programs, according to officials.
*SEC mulls rules to strip out credit-rating references. Besides the voluminous Volcker rule, the SEC is reviewing other proposals and final rules touching everything from credit ratings and asset-backed securities to private securities offerings and derivatives, several people told Reuters.
Nov 21- JPMorgan Chase& Co plans to keep overall compensation per employee roughly flat this year from last year, lagging gains at rivals, as the bank's massive legal settlements weigh on its results, two sources familiar with the matter said.
NEW YORK, Nov 21- New York City's outgoing mayor, Michael Bloomberg, said he will hand a balanced budget to his successor in the next financial year, closing a forecasted$ 2.2 billion budget hole through a mixture of one-off gains, higher revenues, and cost savings.
NEW YORK, Nov 21- The Dow industrials closed above 16,000 for the first time on Thursday as stocks rebounded from three days of weakness, after economic data pointed to a slowly improving labor market and subdued inflation.
ROGERS, Ark./ ASHEBORO, NC, Nov 21- As the Federal Reserve nears a decision to pare its bond-buying program, top policymakers on Thursday turned to a new monetary policy battlefront: a growing debate over how the Fed should signal the timing of eventual interest rate hikes.
Retailers from Macy's Inc to Wal-Mart Stores Inc are responding with massive discounts, which are likely to hurt margins. The San Francisco- based company, known for its namesake, Old Navy and Banana Republic brands, reaffirmed its profit forecast of $2.57 to $2.65 per share for the year ending in February.
way to SAC Capital Advisors portfolio manager Michael. Steinberg is the first employee of Steven A. Cohen's SAC Capital Advisors to face trial in a decade-long government investigation of insider trading at the hedge fund.