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  • NEW YORK— The latest on developments in global financial markets:. Exxon Mobil fell 3 percent early Friday, the most in the Dow Jones industrial average, after reporting its smallest quarterly profit in almost 17 years. The price of crude oil continued its monthlong slump and was down 1 percent at $40.70 a barrel in New York.

  • NEW YORK, July 29- The U.S. dollar weakened on Friday after data showed that the U.S. economy grew at a slower pace than expected in the second quarter, further reducing expectations that the Federal Reserve will raise interest rates in September. The Japanese yen, meanwhile, soared after the Bank of Japan expanded stimulus at its highly anticipated meeting, but...

  • NEW YORK _ Oppenheimer Holdings Inc. on Friday reported net income of $5.2 million in its second quarter. The New York- based company said it had earnings of 39 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK _ Moog Inc. on Friday reported fiscal third-quarter earnings of $36.3 million. On a per-share basis, the New York- based company said it had profit of $1. Moog shares have fallen almost 10 percent since the beginning of the year.

  • NEW YORK _ Revlon Inc. on Friday reported second-quarter profit of $8.3 million. On a per-share basis, the New York- based company said it had net income of 16 cents. Revlon shares have climbed 19 percent since the beginning of the year.

  • NEW YORK _ WisdomTree Investments Inc. on Friday reported second-quarter profit of $3.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. Four analysts surveyed by Zacks expected $55 million.

  • NEW YORK _ PJT Partners Inc. on Friday reported a loss of $323,000 in its second quarter. PJT Partners shares have fallen almost 8 percent since the beginning of the year. Keywords: PJT Partners, Earnings Report.

  • July 29- Credit Suisse Group AG, which exited its U.S. private wealth business last year, is building out a new investment banking group in the region to serve billionaires. Switzerland's second-biggest bank has hired Charlie Buckley from rival UBS Group AG to work with company founders and entrepreneurs, according to an internal memo reviewed by Reuters on...

  • *Global funds throng PSBC meetings in New York, Boston, London. HONG KONG, July 29- Postal Savings Bank of China's up to $10 billion forthcoming IPO is drawing marquee foreign investors' attention due to its clean balance sheet, sources said, though unattractive valuations may mean it will still need local cornerstone investors to succeed. Slots to meet with PSBC's...

  • WASHINGTON, July 29- The U.S. economy likely regained speed in the second quarter as robust consumer spending offset a sharp moderation in inventory investment and weak exports, pointing to underlying growth momentum that could be maintained for the rest of the year. Things are falling in place, the economy will continue to move forward, "said Ryan Sweet, a senior...

  • NEW YORK FED ASKS PHILIPPINES' CENTRAL BANK TO HELP BANGLADESH RECOVER MONEY FROM CYBER HEIST.

  • NEW YORK, July 28- Emerging-market debt funds offered in the United States took in record cash for the second straight week, Lipper data showed on Thursday, as investors hoped more central bank stimulus could make the bonds an appealing buy. The funds attracted nearly $1.4 billion in the period through July 27, larger than the $918 million they attracted the...

  • NEW YORK, July 28- Fortress Investment Group said on Thursday it plans to shut its Fortress Centaurus Global hedge funds, continuing the firm's move away from hedge funds that invest in liquid, or easy to trade, assets such as stocks. The Centaurus funds, which managed $182 million in assets as of June 30, use a so-called global event driven strategy, betting on...

  • TORONTO/ VANCOUVER July 28- Gold bullion prices have increased 26 percent this year, but the world's biggest gold miners are paring costs and selling assets to lower debt despite the windfall rather than boosting spending. "They're still, by and large, in cost-cutting mode and hunkering down, even though conditions have improved over the last five or six months,"...

  • NEW YORK, July 28- A New York federal judge has ruled in favor of Bayer AG against nearly 1,300 lawsuits filed by women who say they suffered internal injuries from the company's Mirena intra-uterine contraceptive device. District Judge Cathy Seibel in White Plains said on Thursday that there was no way for the lawsuits to continue after her earlier ruling...

  • NEW YORK _ MDC Partners Inc. on Thursday reported second-quarter net income of $1.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. MDC Partners shares have declined 16 percent since the beginning of the year.

  • July 28- Oracle Corp said on Thursday it would buy NetSuite Inc for about $9.3 billion, a deal that gives it a bigger share in the fast-growing cloud computing business and also means a big payday for billionaire Larry Ellison. "People care when someone makes the wrong decision," said Kevin McManus, vice president of Egan-Jones Proxy Services.

  • NEW YORK _ Cowen Group Inc. on Thursday reported a second-quarter loss of $10.5 million, after reporting a profit in the same period a year earlier. The company, based in New York, said it had a loss of 11 cents per share. Keywords: Cowen Group, Earnings Report.

  • NEW YORK— Online shoppers want their packages— now. The $99 annual subscription includes a variety of other goodies, but the near-instant gratification of fast, no-extra-cost delivery was the program's original draw, and remains central to its appeal for its estimated 60 million subscribers. The company spent $13.41 billion on fulfillment in all of 2015, up 25...

  • July 28- Jeff Bezos, the founder and chief executive of Amazon.com Inc, has become the world's third-richest person as of the market close for the first time, Forbes magazine said, passing Warren Buffett, the chairman and chief executive of Berkshire Hathaway Inc.. Bezos' fortune was $65.3 billion as of 4:30 p.m. EDT on Thursday, compared with Buffett's $64.9...