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  • OTTAWA, Oct 26- Canadian housing market activity is likely to moderate over the next two years, the country's housing agency said on Monday, though 2015 was forecast to be modestly stronger than previously anticipated as low borrowing costs helped offset the drag of weaker oil prices. Increased activity in the hot markets of Ontario and British Columbia this...

  • LEFT OF CITRON RESEARCH SAYS HAS NOT BEEN CONTACTED BY U.S.

  • Oct 26- U.S. federal prosecutors are planning to announce a criminal case this week against a former Goldman Sachs Group Inc banker suspected of taking confidential documents from a government employee, the New York Times reported. When Bansal joined Goldman in July 2014, he was assigned to advise one of the same banks he had previously regulated when he worked...

  • LONDON, Oct 26- Argentina's financial markets opened higher on Monday after pro-business Conservative opposition candidate Mauricio Macri's surprisingly strong showing in presidential elections set up a second vote next month. Movements in Argentina's official peso rate are restricted by the various capital controls in the country, but two of its main...

  • The letters, sent on Friday to executives at Verizon Communications Inc, Cablevision Systems Corp and Time Warner Cable Inc, ask each company to provide copies of all disclosures they have made to customers, as well as copies of any testing they may have done of their Internet speeds. "We're confident that we provide our customers the speeds and services we...

  • LONDON, Oct 26- Copper prices slipped back from session highs on Monday as doubts emerged about demand from top consumer China where the central bank last week cut interest rates, but sentiment was supported by a weaker dollar. The metal used in power and construction hit a one-week high of $5,319.50 on Friday after the People's Bank of China cut interest rates in...

  • *Fed meeting, more earnings reports awaited. Oct 26- Wall Street was slightly down on Monday as energy stocks fell on concerns of a crude oil supply glut and Apple's shares retreated a day ahead of its quarterly results. Apple's shares were down 3 percent at $115.55, making it the biggest drag on the three major indexes.

  • Earnings and revenue have been depressed this year largely because of the strong dollar, economic weakness in China and Brazil, and tumbling oil and commodities prices. The problems are clearly not across the board, as shown by better-than-expected results reported last Thursday by technology heavyweights Amazon.com Inc, Google-owner Alphabet Inc, and...

  • NEW YORK, Oct 26- The dollar fell from a 2-1/ 2- month high versus a basket of major currencies on Monday on lower U.S. bond yields and a drop in U.S. new home sales in September that revived concerns about the U.S. economy before a two-day Federal Reserve policy meeting. The dollar index just booked its best week since mid-May as investor sentiment improved following...

  • NEW YORK, Oct 26- Global equity markets slipped on Monday, pausing after a four-week rally ahead of policy announcements from central banks in the U.S. and Japan later in the week, while the dollar lost ground in the wake of soft U.S. housing data. Investors had recently raised bets that Japan's already-massive stimulus would be further increased after China cut...

  • SEC SAYS DBRS INC AGREED TO PAY NEARLY $6 MILLION TO SETTLE THE CHARGES.

  • SEC CHARGES CREDIT RATING AGENCY WITH MISREPRESENTING SURVEILLANCE METHODOLOGY- STATEMENT.

  • *Bank Rate to stay at 0.5 pct on Nov. 5. LONDON, Oct 26- The Bank of England will not raise interest rates from a record low until the second quarter of next year, later than previously thought, as it has made no progress in driving up inflation, a Reuters poll found. Britain's Bank Rate has been just 0.5 percent since early 2009 and the median forecast from nearly 60...

  • LISBON, Oct 26- Portugal's Galp Energia posted a stronger-than-expected 49 percent rise in adjusted quarterly net profit on Monday, boosted by higher refining margins and a steep increase in oil output in Brazil that buttressed its earnings outlook. Chief Executive Officer Carlos Gomes da Silva said 2015 pretax earnings should come in at the top end of the...

  • Oct 26- Xerox Corp, best known for its. Xerox also reported its first quarterly net loss since the first quarter of 2010, but profit excluding restructuring costs inched past market expectations. Xerox, like its rivals Lexmark International Inc and Hewlett-Packard Co, has been shifting focus to higher-value software and services as corporate customers cut...

  • Oct 26- The U.S. government will square off in a Chicago courtroom on Monday against a high-frequency trader accused of using computer algorithms to move market prices, as prosecutors test their ability to enforce a new "anti-spoofing" law. Prosecutors said Michael Coscia, the owner of Red Bank, New Jersey- based Panther Energy Trading LLC, "spoofed" the market when...

  • UPDATE 3-Drugmaker Valeant raises detailed defense Monday, 26 Oct 2015 | 10:46 AM ET

    Oct 26- Drugmaker Valeant Pharmaceuticals International Inc laid out a detailed defense on Monday of its relationship with a little-known specialty pharmacy, but its arguments failed to calm all investors' concerns. Valeant's shares were up about 1 percent in New York and Toronto after tumbling as much as 14 percent before normal trading hours.

  • *New home sales fall 11.5 percent in September. WASHINGTON, Oct 26- New U.S. single-family home sales fell to near a one-year low in September after two straight months of gains, suggesting a temporary cooling in the market for new houses. The Commerce Department said on Monday sales dropped 11.5 percent to a seasonally adjusted annual rate of 468,000 units, the...

  • Oct 26- Intercontinental Exchange Inc said on Monday it would buy financial data firm Interactive Data Corp from investment firms Silver Lake and Warburg Pincus LLC in a deal valued at about $5.2 billion. The deal, which includes $3.65 billion in cash and $1.55 billion in ICE stock, will help build on ICE's market data business by adding technology platforms and...

  • LONDON, Oct 26- Aluminium touched a new six-year low of $1,479 per tonne in London last week. And if you think that's bad, the situation in China is even worse. At such depressed price levels, around 90 percent of China's huge aluminium smelter sector is operating at a loss, according to consultancy AZ China.