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  • July 30- A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc's online games unit for $4.4 billion in cash, the companies said. Caesars Interactive Entertainment is currently owned by Caesars...

  • July 30- A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc's online games unit for $4.4 billion in cash, people familiar with the matter said. Caesars Interactive Entertainment is...

  • *Both down nearly 15 pct on month; WTI drop most since July 2015. NEW YORK, July 29- Oil prices steadied on Friday after touching three-month lows during a week-long selloff fueled by a persistent global supply glut, bringing the monthly decline to nearly 15 percent, the biggest monthly loss in a year for U.S. crude. Hedge funds, some of the biggest bulls in oil, slashed...

  • *Both down nearly 15 pct on month; WTI drop most since July 2015. NEW YORK, July 29- Oil prices steadied on Friday after touching three-month lows amid a week-long selloff but still finished the month nearly 15 percent lower, with U.S. crude declining the most in a year because of a persistent glut. Hedge funds, some of the biggest bulls in oil, slashed their positive bets...

  • CHICAGO, July 29- Chicago's budget deficit could reach a 10- year low next year despite unresolved funding questions for its largest and most underfunded pension system, according to an annual financial analysis released by the city on Friday. "This is the result of hard work and difficult decisions, which have put Chicago on path towards long-term financial...

  • CHICAGO— Grain futures were mostly higher Friday on the Chicago Board of Trade. Wheat for Sept. delivery fell 2.50 cents at $4.0775 a bushel; Sept. corn rose 3.25 cents to 3.3125 a bushel; Sept. oats gained 2.25 cents at $2.0050 a bushel; while Aug. soybeans advanced 29 cents to $10.3250 a bushel. August live cattle was down. 25 cent at $1.1307 a pound; August feeder cattle...

  • WASHINGTON, July 29- New York state and nuclear power have never been best friends, but the state is expected to decide as soon as Monday on a proposed subsidy plan that could furnish the rest of the country with a model for saving a struggling industry while reducing carbon emissions. Five plants in states from Florida to California have shut since 2013 and many...

  • July 29- Genetically modified wheat developed by Monsanto Co, and never approved by federal regulators, has been found growing in a Washington state farm field, the U.S. Department of Agriculture said on Friday. The USDA is testing grain harvested from the farmer's other wheat fields as a precaution, the agency said. The grain has not been traced in commercial...

  • *Both down 15 pct on month; WTI drop the biggest since July 2015. NEW YORK, July 29- Oil prices recovered on Friday after a week-long selloff but still finished the month nearly 15 percent lower, with U.S. crude declining the most in a year because of a persisting glut. The Brent September contract, which expired as the front-month, settled at $42.46 a barrel, down 0.6...

  • *Both down 15 pct on month; WTI drop the biggest since July 2015. NEW YORK, July 29- Oil prices steadied on Friday amid short-covering after a week-long selloff but were on track to end the month about 15 percent lower on persistent glut concerns, with the biggest decline seen for U.S. crude in a year. Brent's expiring front-month contract, September, was at $42.15 a...

  • CHICAGO, July 29- U.S. soybeans surged as much as 2 percent on Friday, reversing earlier losses in a rally sparked by U.S. data showing improved export demand, traders and analysts said. The most-active CBOT November soybeans gained 19 cents, or 1.9 percent, to $9.97 per bushel as of 11:50 a.m.. Soy prices rallied to their session peaks after the U.S. Department of...

  • *Both down 15 pct on month; WTI drop the biggest since July 2015. NEW YORK, July 29- Oil prices steadied on Friday amid short-covering after a week-long selloff but were on track to end the month about 15 percent lower on persistent glut concerns, with the biggest decline seen for U.S. crude in a year. Brent's most active contract, October, was down 8 cents at $43.15 after...

  • The drug, used to treat forms of arthritis and Crohn's disease among other conditions, generated sales of $4.15 billion in the quarter, topping the consensus estimate of $3.93 billion, compiled by Evercore ISI. Amgen, as the first to seek U.S. approval, could end up first to market, after an advisory panel to the U.S. Food and Drug Administration backed its copycat...

  • *Soybeans face 16 pct monthly slump as weather fears ease. SYDNEY/ PARIS, July 29- U.S. soybeans fell on Friday, poised for its biggest one-month fall in more than two years as fears ease over potential yield losses due to unfavourable weather. The most active soybean futures on the Chicago Board Of Trade lost 0.7 percent, falling to $9.71 a bushel after rising to...

  • The drug, used to treat forms of arthritis and Crohn's disease among other conditions, generated sales of $4.15 billion in the quarter, topping the consensus estimate of $3.93 billion, compiled by Evercore ISI. AbbVie raised its adjusted full-year profit forecast to $4.73- $4.83 per share from its previous projection of $4.62- $4.82. The company's net profit...

  • Net income allocated to CBOE's common shareholders rose to $50.7 million, or 62 cents per share, in the quarter ended June 30, from $44.6 million, or 54 cents per share, a year earlier. The company, which owns the Chicago Board Options Exchange, said operating revenue rose 9.8 percent to $163.3 million. "Investors worldwide turned to CBOE's marketplace in the face of...

  • NORTH CHICAGO, Ill.— AbbVie Inc. on Friday reported second-quarter profit of $1.61 billion. AbbVie expects full-year earnings in the range of $4.73 to $4.83 per share. AbbVie shares have climbed slightly more than 9 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 6 percent.

  • LAKE FOREST, Ill. _ Tenneco Inc. on Friday reported second-quarter earnings of $86 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.60 per share. Tenneco shares have increased 16 percent since the beginning of the year.

  • CHICAGO _ CBOE Holdings Inc. on Friday reported second-quarter earnings of $50.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. CBOE shares have increased slightly more than 5 percent since the beginning of the year.

  • The Chicago- based real estate investment trust said it had funds from operations of $355.8 million, or $1.04 per share, in the period. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of $1.04 per share. Three analysts surveyed by Zacks expected $837.2 million.