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  • CVS Health drops Philidor, adds to Valeant's woes Thursday, 29 Oct 2015 | 4:08 PM ET

    Oct 29- Drugstore chain CVS Health Corp said it had dropped Philidor Rx, a specialty pharmacy associated with Valeant Pharmaceuticals Inc, from its Caremark program. Valeant's shares tumbled last week after influential short-seller Citron Research said the company was using specialty pharmacies to inflate revenue. CVS took the step following an audit of...

  • *European currencies gain against dollar. NEW YORK, Oct 29- Profit-taking drove the dollar down on Thursday as markets pulled back one day after a hawkish statement from the U.S. "I think it's just kind of a one-day thing," said Mark McCormick, FX strategist at Credit Agricole CIB, of the dollar's Thursday tumble.

  • NEW YORK, Oct 29- U.S. stocks ended down slightly on Thursday as the market digested the potential for an interest rate hike in December, as well as some disappointing tech earnings reports and a possible massive pharmaceutical merger.

  • Oct 29- Electronic Arts Inc raised its full-year profit and sales forecasts, betting on the highly anticipated launches of "Star Wars: Battlefront" and "Need for Speed" titles. The video-game publisher raised its full-year adjusted revenue forecast to $4.50 billion from $4.45 billion, and its adjusted profit forecast to $3.00 from $2.85 per share.

  • EXPEDIA-ORBITZ MERGER WILL GENERATE MORE IN SAVINGS, REVENUE THAN PREVIOUS $75 MILLION PER YEAR EXPECTED- EXPEDIA CFO.

  • CORRECTS: MICROSOFT LAUNCHES US $13 BN SEVEN-PART BOND.

  • NEW YORK/ HOUSTON, Oct 29- U.S. crude rose slightly while Brent dipped on Thursday, as traders tried to discern the oil market's direction a day after prices rallied the most in two months even as supplies kept growing. U.S. crude settled up 12 cents, or 0.3 percent, at $46.06 a barrel, after trading between $45.16 and $46.79. Brent, the global oil benchmark, finished down...

  • An App Store is the centerpiece of the new device, and hundreds of apps will be ready at launch, including gaming, shopping and photography. "It's a phenomenal opportunity to fit into people's lives when they are comfortably sitting on their sofa," said Madefire CEO Ben Wolstenholme, whose app features vivid digital books. Yet the TV, which starts at $149, has some...

  • On its first day as the front-month, December futures on the New York Mercantile Exchange closed down 4.1 cents at $2.257 per million British thermal units. At one point, the December futures fell to a contract low of $2.235. The U.S. Energy Information Administration, meanwhile, said utilities added 63 billion cubic feet of gas to storage in the week ended Oct. 23,...

  • Oct 29- New York Times Co said it expected a "significant part" of its targeted $800 million annual digital revenue by 2020 to come from outside the United States. "We've got ourselves a 5 year target of $800 and I expect a significant part of that to come from outside the U.S. and I think it will be a blend of digital subscription and digital advertising revenue...

  • *L'Oreal says suffered sales drop in Hong Kong, airports. PARIS, Oct 29- French cosmetics giant L'Oreal missed third-quarter sales expectations and said on Thursday that demand for its luxury products had suffered a slowdown in Hong Kong and at airports. "It was very precisely Chinese consumers outside China and it was generally Hong Kong and travel retail," that...

  • WASHINGTON, Oct 29- The Federal Reserve's six-week countdown to a possible December interest rate rise faces a broad range of risks as policymakers look to lift rates off the floor at a time of tepid global inflation and a potential flood of new liquidity. Rate cuts in China and Norway, plans to expand quantitative easing in the euro zone and Sweden, and the Bank of...

  • Allen Stanford loses appeal of Ponzi scheme conviction Thursday, 29 Oct 2015 | 3:22 PM ET

    Oct 29- A U.S. appeals court on Thursday rejected Texas financier Robert Allen Stanford's bid to overturn his conviction and 110- year prison sentence for running what federal prosecutors called a $7.2 billion Ponzi scheme. The 5th U.S. Circuit Court of Appeals in New Orleans turned aside several arguments raised by Stanford, including that the trial court...

  • SHARES OF MEXICAN CONSTRUCTION COMPANY ICA EXTEND LOSSES TO MORE THAN 20 PCT.

  • Oct 29- ConocoPhillips reported a third-quarter loss on Thursday, and the largest U.S. independent oil company lowered its 2015 spending target in response to the lingering slump in crude prices. Currently, it has deepwater operations in the Gulf of Mexico and offshore Senegal, Angola and Canada. The company posted a loss of $1.1 billion, or 87 cents per share,...

  • *U.S. sells $29 billion 7- year notes to solid demand. NEW YORK, Oct 29- U.S. "The number may be good enough for the Fed to not view the economy negatively," Collin Martin, director of fixed income at Schwab Center for Financial Research in New York.

  • BENGALURU, Oct 29- Antivirus software developer Avast Software is now worth "upwards of $2 billion", its chief executive said on Thursday, but it will be at least 2017 before the company goes public. Prague, Czech Republic- based Avast, hoping to follow Dutch rival AVG Technologies NV, filed to go public in December 2011 but pulled it in July 2012, citing tough market...

  • *Allergan up after confirming buyout talks with Pfizer. *NXP Semiconductors slides after bleak forecast. Stocks had jumped on Wednesday following the Fed statement and, after a strong run from the end of September, were due for a "reprieve," said Jason Ware, chief investment officer at Albion Financial, in Salt Lake City.

  • WASHINGTON, Oct 29- The U.S. federal court that will weigh whether to block the Environmental Protection Agency's Clean Power Plan will not make a decision until after United Nations climate change talks conclude in mid-December, according to a court order issued on Thursday. The EPA's Clean Power Plan is a key measure to help the United States meet the...

  • *London cocoa futures at 1- month high. *Vietnam robusta harvest gets under way. NEW YORK/ LONDON, Oct 29- ICE arabica coffee futures rose further above a one-month low on Thursday, as a weak U.S. dollar provided support in a lackluster market, while London cocoa rose for a fifth straight session to a one-month high on technical strength.