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  • *Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar fell on Friday headed for steep weekly losses, as investors braced for another day of cratering sentiment and waited to see whether Japan would act to stem its currency's slid. "The BOJ's negative interest rate policy has less effect on encouraging more liquidity by banks but...

  • -Lipper@ NEW YORK, Feb 11- Investors pulled money from U.S.-based stock funds again during the most recent week, piling into Treasuries, gold and other safe-haven assets as global market performance continued to falter. The stock funds posted $1.5 billion in withdrawals during the week that ended Feb. 10, Lipper data showed on Thursday, as money fled the risk assets...

  • NEW YORK, Feb 11- A U.S. judge on Thursday ordered creditors suing Argentina over defaulted bonds to establish why an order that restricted it from servicing its restructured debts should not be vacated after the country's $6.5 billion offer to settle the dispute. District Judge Thomas Griesa in Manhattan gave bondholders until mid-February to show cause why...

  • Feb 11- France's largest bank BNP Paribas is pulling out of a niche U.S. energy lending business for the second time in four years after plunging oil prices dragged what was once seen as some of the safest energy loans into losses. BNP shut its reserve-based lending business in Houston last week after 13- year-low oil prices stoked concerns of rising loan...

  • NEW YORK _ Varonis Systems Inc. on Thursday reported fourth-quarter net income of $2.6 million, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. For the current quarter ending in April, Varonis expects its results to range from a loss of 39...

  • NEW YORK, Feb 11- Jamie Dimon, chief executive officer of JPMorgan Chase& Co, recently bought 500,000 shares of the company's stock worth more than $25 million, according to a person familiar with the matter. JPMorgan shares closed at $53.07 on Thursday. Dimon's share purchase was earlier reported by The Wall Street Journal.

  • NEW YORK, Feb 11- A U.S. judge on Thursday ordered creditors suing Argentina over defaulted bonds to establish why an order that restricted the it from servicing its restructured debts should not be vacated after the country's $6.5 billion offer to settle the dispute. District Judge Thomas Griesa in Manhattan gave bondholders until Feb. 18 to show cause why the...

  • *10- yr Treasury yields hit 1.53 pct, lowest since Aug 2012. *Dollar hits lowest vs yen since October 2014. NEW YORK, Feb 11- Stock markets fell worldwide on Thursday on fears over the health of the global economy and the banking sector, with MSCI's global stock index dropping to more than 20 percent below its all-time high, while safe-haven 10- year Treasury yields hit...

  • NEW YORK, Feb 11- Jamie Dimon, chief executive officer of JPMorgan Chase& Co, recently bought 500,000 shares of the company's stock worth more than $25 million, according to a person familiar with the matter. JPMorgan shares closed at $53.07 on Thursday. The stock has fallen nearly 20 percent this year.

  • NEW YORK— New York City police say a Brooklyn man caught on camera waving what appeared to be a handgun behind a television reporter during a live broadcast has been arrested. Police say Khanukov waved the weapon-like object while standing behind a WNBC-TV reporter during a live broadcast in front of Brooklyn Supreme Court. It happened Wednesday afternoon as...

  • MEXICO CITY, Feb 11- A global selloff of riskier assets drove the Mexican peso to a record low on Thursday, spurring bets that the central bank of Latin America's No. 2 economy could hike interest rates ahead of the United States. Both Mexico and Colombia are major crude producers, but Mexico depends much less on oil exports as it ships mostly factory-made goods.

  • NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:. Bank of America Corp., down 82 cents to $11.16. Twitter Inc., down 67 cents to $14.31.

  • NEW YORK _ Multi Packaging Solutions International Ltd. on Thursday reported a loss of $7.9 million in its fiscal second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Multi Packaging Solutions shares have decreased 16 percent since the beginning of the year.

  • NEW YORK _ CBS Corp. on Thursday reported fourth-quarter net income of $261 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share. CBS shares have declined almost 8 percent since the beginning of the year, while the Standard& Poor's 500 index has declined 11 percent.

  • NEW YORK _ American International Group Inc. on Thursday reported a fourth-quarter loss of $1.84 billion, after reporting a profit in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 93 cents per share. American International Group shares have fallen 18 percent since the beginning...

  • NEW YORK, Feb 11- Stock indexes worldwide stumbled on Thursday on fears over the health of the global economy, with a global equity benchmark index closing the day more than 20 percent below its record high last May, confirming global stocks are in a bear market. MSCI's all-country world equity index, which tracks shares in 45 nations, was last down 4.73 points, or...

  • NEW YORK, Feb 11- The dollar fell to a 15- month low against the yen on Thursday, on track for its worst week against the Japanese currency since 2008, as fears of a global economic slowdown and concerns about stress in the banking system increased demand for safe havens. The dollar fell as much as 2 percent against the yen, touching a low of 110.98 yen.

  • NEW YORK, Feb 11- Global stock markets are on their shakiest footing in years. In addition to the fall in U.S. stock markets, major stock indexes worldwide have also been hit hard, despite efforts by the Bank of Japan and the European Central Bank to spur growth through lower interest rates. With Thursday's decline, the S&P 500 stock index has lost 10.5 percent so far in...

  • NEW YORK, Feb 11- Goldman Sachs Group Inc has reached a $27.5 million settlement of a class-action lawsuit accusing it of defrauding investors in subprime mortgage debt that some U.S. senators blamed for helping cause the 2008 financial crisis. It resolves claims by the Dodona I LLC hedge fund and other investors that Goldman structured the Hudson Mezzanine...

  • *WSJ report of likely OPEC production cut helps pare losses. Prices came off session lows in post-settlement trade after the Wall Street Journal quoted UAE's energy minister as saying OPEC was ready to cooperate on production cuts. Most traders were skeptical, noting that Venezuela and Russia recently called in vain for OPEC and other major oil producers to...