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  • WASHINGTON, Feb 11- Morgan Stanley is poised to pay $3.2 billion to settle federal and state charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, the New York Attorney General's office said on Thursday. The case stems from an investigation by the Residential Mortgage-Backed Securities...

  • Feb 11- U.S. stock index futures plunged on Thursday, with risk-averse investors piling into safe haven assets as another sharp fall in oil prices and cautious comments from Federal Reserve Chair Janet Yellen raised fresh doubts about the health of the economy. *Yellen on Wednesday acknowledged tightening financial conditions and uncertainty about China...

  • After big selloffs, a second take on restaurant shares Thursday, 11 Feb 2016 | 7:00 AM ET

    NEW YORK, Feb 11- Restaurant stocks have sat like dry toast for the last six months, but investors are now starting to nibble back into the sector. "We are getting close to an investment opportunity in restaurant stocks," said Bryant Evans, portfolio manager at Cozad Asset Management in Champaign, Illinois. Sector employment has been expanding as well; in January it...

  • NEW YORK, Feb 10- Investment firm EIG Pacific Holdings Ltd said on Wednesday it had extended the deadline and changed some terms for its offer to buy nearly all the debt of Colombia's largest private oil producer, Pacific Exploration& Production Corp.. The deadline for the offer for Pacific's $4.1 billion in debt has been extended until March 24 from Feb. 10.

  • WASHINGTON, Feb 10- Dozens of large U.S. hedge funds are more highly leveraged than the Third Avenue junk-bond mutual fund that collapsed last year, the federal office monitoring the financial system said on Wednesday. The Office of Financial Research analyzed quarterly reports that advisers for hedge funds with at least $500 million in assets under...

  • BOSTON, Feb 10- Fidelity's high-flying OTC Portfolio, which has trounced benchmark returns over the past several years, is taking a beating in the early going of 2016 that is nearly unrivaled in the U.S. mutual fund industry. That is worse than 98 percent of peers running large-cap growth funds, according to Lipper Inc.. It has been an upside-down year for the 39-...

  • TREASURIES-Yields end lower after solid 10-year auction Wednesday, 10 Feb 2016 | 3:15 PM ET

    *Two-, 10- year yield curve flattest since December 2007. NEW YORK, Feb 10- U.S. "It went pretty well... demand is definitely here at these yield levels," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.

  • NEW YORK, Feb 10- Investors in U.S.-based mutual funds poured $8.1 billion into stock funds in the latest week, marking the biggest inflows since Nov. 2013 on views that recent weakness has made U.S. shares more attractive and overseas stocks remained promising. Investors committed $2.3 billion to funds that specialize in U.S. shares in the week ended Feb. 3,...

  • SAN JUAN, Feb 10- Creditors of Puerto Rico's sales tax authority, COFINA, made a counter-offer on Wednesday to Puerto Rico's Feb. 1 debt exchange proposal, saying they would extend maturities but forgo cuts to principal that the original offer would entail. Under Puerto Rico's Feb. 1 proposal, COFINA holders would face repayment reductions of about 51 percent.

  • US 10- YEAR TREASURY YIELDS FALL TO SESSION LOWS OF 1.71 PERCENT AFTER SOLID AUCTION.

  • WASHINGTON, Feb 10- The U.S. Securities and Exchange Commission on Wednesday approved rules governing swaps that involve foreign dealers with trading desks on U.S. soil. The top securities regulator proposed the rules in 2013 and then revised the draft in April in an effort to better fit the highly illiquid derivatives markets that the SEC oversees.

  • *Nigeria suffering its worst economic crisis for decades. LAGOS/ ABUJA, Feb 10- Nigerian Finance Minister Kemi Adeosun plans to travel to China next week, aiming to negotiate a loan of up to $2 billion to help fund record budget spending, financial and government sources said on Wednesday. They also said Nigeria- which is suffering its worst economic crisis for...

  • Feb 10- Creditors of Puerto Rico's sales tax authority, COFINA, on Wednesday proposed a counter-offer to Puerto Rico's Feb. 1 debt exchange proposal, under which they would extend maturities but not sustain the cuts to principal that Puerto Rico's original offer would entail. The plan is sponsored by senior COFINA creditors, who hold about $7.6 billion of...

  • US TREASURIES ERASE MOST EARLIER PRICE LOSSES, 10- YEAR YIELDS FALL TO 1.72 PERCENT.

  • TREASURIES-Yields rise ahead of auction as stocks recover Wednesday, 10 Feb 2016 | 9:47 AM ET

    *Treasury to sell $23 billion 10- year notes. Treasury yields increased on Wednesday as stock markets stabilized, reducing demand for safe haven debt, and before the United States is due to sell $23 billion in new 10- year notes. "The Treasury market is off a little bit because European equities and domestic equities caught a stabilizing bid of some sort ahead of...

  • Feb 10- Wall Street was set to open higher on Wednesday, but U.S. stock futures eased some of their gains after Federal Reserve Chair Janet Yellen said conditions in the United States would allow the Fed to pursue "gradual" adjustments to monetary policy. However, tightening financial conditions driven by falling stock prices, uncertainty over China and a global...

  • GRAPHIC-Global bond yields slump to new lows -Citi Wednesday, 10 Feb 2016 | 8:54 AM ET

    LONDON, Feb 10- Global government borrowing costs slumped to record lows this week as a combination of financial volatility, banking stress and slowing growth and inflation saw a flight to top-rated, liquid assets amid talk of ever lower interest rates. Yields have tumbled since the turn of the year as fears over China's economy, plunging oil prices and...

  • US TREASURY YIELDS STEADY AFTER YELLEN STATEMENT, 10- YEAR NOTES YIELD 1.76 PERCENT.

  • Feb 10- U.S. stock index futures were higher on Wednesday, with oil prices staging a modest recovery, ahead of U.S. Federal Reserve Chair Janet Yellen's appearance before Congress. *Wall Street closed lower for the third session in a row on Tuesday, after a sharp fall in crude battered the energy sector.

  • NEW YORK, Feb 10- Guggenheim Partners is launching a new fixed-income exchange-traded fund on Wednesday, bringing its approach to risk management to a roiling corporate bond market. "The world of fixed-income today is becoming a risk-off market," said Anne Walsh, one of the funds' other portfolio managers, who said China's currency could devalue further and oil...