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  • *U.S. oil settles up 12 pct on renewed talk of OPEC cut. U.S.-listed shares of Deutsche Bank were up 12 percent at $17.38, while the S&P financial index rallied 4 percent, its largest daily percentage gain since November 2011. "Europe was strong and especially the banks in Europe, and that appeared to have some positive carryover effect on sentiment towards banking...

  • *U.S. oil settles up 12 pct on renewed talk of OPEC cut. U.S.-listed shares of Deutsche Bank were up 11.3 percent at $17.27, while the S&P financial index rallied 3.8 percent. "Europe was strong, especially the banks, and that appeared to have some positive carryover effect on banking stocks here in the U.S.," said John Carey, portfolio manager at Pioneer Investment...

  • Feb 12- BlackRock Inc's $1.9 billion Obsidian hedge fund recorded losses in January, suffering its worst start to the year in its nearly 20- year history, but the fund was narrowing those losses so far in February. Through Jan. 31, the fund posted a negative 4 percent return, according to an estimate the hedge fund provided to investors, a copy of which was seen by...

  • There have been no other reports of illness related to the Buffalo Wild Wings' restaurant in Overland Park in suburban Kansas City, Johnson County spokeswoman Barbara Mitchell told Reuters in an email. "We have taken additional steps to conduct deep cleaning for norovirus at all Kansas City area restaurants," Buffalo Wild Wings, known for its chicken wings, said...

  • OXFORD, Mass. _ IPG Photonics Corp. on Friday reported fourth-quarter net income of $60.7 million. Five analysts surveyed by Zacks expected $223.4 million. Analysts surveyed by Zacks had expected revenue of $220.3 million.

  • BOSTON— A fuel van has struck a plane at Boston's Logan Airport, damaging the jet but causing no injuries to the passengers. Authorities say the van, which did not have a driver, struck a Tampa, Florida- bound JetBlue plane at a gate at about 6 a.m. Friday. JetBlue says in a statement that the aircraft is being inspected and passengers were placed on other flights to Tampa.

  • NEW YORK, Feb 12- Gold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing oil prices and concerns about the global economy have revived its safe-haven status after years as the dog of global financial markets. The precious metal has climbed 20 percent so far this year to $1,260.60 an ounce with money...

  • BSB Bancorp posts 4Q profit Thursday, 11 Feb 2016 | 6:39 PM ET

    BELMONT, Mass. _ BSB Bancorp Inc. on Thursday reported fourth-quarter earnings of $2.1 million. BSB Bancorp shares have dropped almost 10 percent since the beginning of the year. Keywords: BSB Bancorp, Earnings Report.

  • Brightcove beats Street 4Q forecasts Thursday, 11 Feb 2016 | 6:11 PM ET

    BOSTON _ Brightcove Inc. on Thursday reported fourth-quarter net income of $172,000, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. For the current quarter ending in April, Brightcove expects its results to range from a loss of 1 cent per...

  • ConforMIS reports 4Q loss Thursday, 11 Feb 2016 | 6:09 PM ET

    BEDFORD, Mass. _ ConforMIS Inc. on Thursday reported a loss of $15 million in its fourth quarter. ConforMIS expects full-year revenue in the range of $84 million to $87 million. ConforMIS shares have declined 51 percent since the beginning of the year.

  • Ex-Irish bank executive agrees to return to Ireland Thursday, 11 Feb 2016 | 5:59 PM ET

    BOSTON— The former chief executive of Anglo Irish Bank, now living in Boston, has dropped his fight against extradition and agreed to return to Ireland to face fraud charges. He left Ireland after the bank collapsed. But on Thursday, Drumm agreed to return to Ireland.

  • LPL Financial posts 4Q profit Thursday, 11 Feb 2016 | 5:57 PM ET

    BOSTON _ LPL Financial Holdings Inc. on Thursday reported fourth-quarter profit of $26.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. LPL Financial shares have declined 41 percent since the beginning of the year.

  • WASHINGTON, Feb 11- Two influential U.S. lawmakers on Thursday criticized the financial industry for saying in public that a new rule on retirement advice could have "dire consequences," but then speaking optimistically about it with shareholders. "Some of these same companies are providing very different assessments to their own investors," Senator Elizabeth...

  • LogMein beats Street 4Q forecasts Thursday, 11 Feb 2016 | 4:57 PM ET

    BOSTON _ LogMein Inc. on Thursday reported fourth-quarter earnings of $6.2 million. Six analysts surveyed by Zacks expected $74.5 million. For the current quarter ending in April, LogMein expects its per-share earnings to range from 29 cents to 30 cents.

  • BOSTON, Feb 11- The former head of Anglo Irish Bank agreed in a Boston courtroom on Thursday to be extradited to his native Ireland to face criminal charges related to the bank's collapse. U.S. officials arrested David Drumm, 49, at his home in the wealthy Boston suburb of Wellesley on Oct. 10 after Irish officials asked that he be sent back to face a 33- count criminal...

  • Alnylam reports 4Q loss Thursday, 11 Feb 2016 | 4:15 PM ET

    CAMBRIDGE, Mass. _ Alnylam Pharmaceuticals Inc. on Thursday reported a loss of $90.7 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.01 per share. Five analysts surveyed by Zacks expected $11.7 million.

  • Shares of travel websites Expedia and TripAdvisor soar Thursday, 11 Feb 2016 | 3:50 PM ET

    NEW YORK— Shares of Expedia and TripAdvisor soared Thursday, even though the travel website companies reported differing results for the fourth quarter. Expedia's results were worse than Wall Street expected as costs piled up related to its acquisition of Orbitz, the company reported late Wednesday. Meanwhile, TripAdvisor, which was spun off from Expedia in...

  • Cisco shares rose 10 percent on Thursday, bucking the overall market after it set a profit target in line with Wall Street expectations despite the weaker spending it noted around the world by businesses. The company also cut targets three months ago, moderating Wall Street expectations. "This was really a litmus test for all of IT spending," said Sun Trust analyst...

  • NEW YORK, Feb 11- Stock indexes worldwide tumbled on Thursday on fears over the health of the global economy, with banking shares slumping on both sides of the Atlantic, while safe-haven 10- year Treasury yields hit their lowest since 2012.. The U.S. dollar slid to its lowest against the safe-haven yen since October 2014 of 110.985 yen, and was on track for its worst...

  • BOSTON— A federal jury has rejected claims by a group of Massachusetts smokers who sued Philip Morris USA to try to force the cigarette maker to pay for lung cancer screenings. Instead they wanted Philip Morris to pay for a medical-monitoring program, including three-dimensional chest scans that can detect signs of early-stage lung cancer.