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  • TORONTO, Feb 28- Canada's main stock index gained in early trade on Tuesday, with Bank of Montreal leading heavyweight banks higher after its earnings beat expectations while energy stocks and Valeant Pharmaceuticals International Inc weighed.

  • PARIS, Feb 28- PSA, the French carmaker behind the Peugeot and Citroen brands, unveiled on Tuesday its new DS7 Crossback SUV model, as the company looks to turn around the performance of its DS brand. The company said the new car would be manufactured in Mulhouse, France and in China, and would go on sale in the second half of this year. Last month, a senior executive told...

  • In documents posted to its website on Tuesday as part of its annual investor day, JPMorgan predicted its costs will rise 3.4 percent to $58 billion, from $56.1 billion this year. At the day-long confab, held at JPMorgan's headquarters in New York, top executives offer their visions for the bank's four major business lines and mingle with investors, analysts and...

  • Feb 28- British Land and Oxford Properties are in advanced talks to sell the "Cheesegrater" skyscraper in London, with some media reports naming China's CC Land as the potential buyer in a billion pound deal. A sale of the distinctive central London office building will give an indication of the health of the UK commercial property market following last June's...

  • DALLAS _ InfraREIT Inc. on Tuesday reported fourth-quarter profit of $20 million. The Dallas- based company said it had net income of 46 cents per share. InfraREIT shares have decreased slightly more than 7 percent since the beginning of the year.

  • HAMILTON, Bermuda _ Ship Finance International Ltd. on Tuesday reported fourth-quarter earnings of $28.5 million. Three analysts surveyed by Zacks expected $96.3 million. Ship Finance shares have fallen slightly more than 1 percent since the beginning of the year.

  • *No additional deaths due to adverse events. Feb 28- Kite Pharma Inc said on Tuesday its experimental CAR T-cell therapy, which helps the immune system fight cancer, was highly effective in treating aggressive non-Hodgkin lymphoma, meeting the main goal of a key study. "Data looks very good and above expectations, demonstrating a solid risk/benefit efficacy...

  • Feb 28- OneWeb Ltd, a U.S. satellite startup backed by Japan's SoftBank Group Corp, and debt-laden satellite operator Intelsat SA agreed to merge in a share-for-share deal on Tuesday. Shares of Intelsat, which has a market value of about $630 million, were down 8 percent to $5.40 in premarket trading. The merger will allow Luxembourg- based Intelsat, a satellite...

  • GOLDEN, Colo. _ Golden Minerals Co. on Tuesday reported fourth-quarter net income of $315,000, after reporting a loss in the same period a year earlier. On a per-share basis, the Golden, Colorado- based company said it had net income of 1 cent. Keywords: Golden Minerals, Earnings Report.

  • NASHVILLE, Tenn. _ Ryman Hospitality Properties Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The Nashville, Tennessee- based real estate investment trust said it had funds from operations of $76 million, or $1.48 per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds...

  • ABUJA, Feb 28- Nigeria's economy is "well on its way out of recession", the vice president's office said on Tuesday, after data showing gross domestic product shrank a less-than-previously 1.3 percent year-on-year in the fourth quarter of 2016.. While Nigeria's rapid inflation through 2016 outweighed any economic growth, slowing inflation will enable an early...

  • ABUJA, Feb 28- Nigeria's economy is "well on its way out of recession", the vice president's office said on Tuesday, after data showing gross domestic product shrank a less-than-previously 1.3 percent year-on-year in the fourth quarter of 2016.. While Nigeria's rapid inflation through 2016 outweighed any economic growth, slowing inflation will enable an early...

  • ABUJA, Feb 28- Nigeria's economy is "well on its way out of recession," the vice president's office said on Tuesday, after data showing gross domestic product shrank a less-than-previously 1.3 percent year-on-year in the fourth quarter of 2016.. While Nigeria's rapid inflation through 2016 outweighed any economic growth, slowing inflation will enable an early...

  • ABUJA, Feb 28- Nigeria's economy is "well on its way out of recession," the vice president's office said on Tuesday, after data showing gross domestic product shrank a less-than-previously 1.3 percent year-on-year in the fourth quarter of 2016.. While Nigeria's rapid inflation through 2016 outweighed any economic growth, slowing inflation will enable an early...

  • *Saudi wants Brent at $60, Russia cuts Feb output. LONDON, Feb 28- Global oil prices dipped on Tuesday but continued to trade in a tight range, with OPEC- led output cuts offset by increasing crude production from the United States. The Organization of the Petroleum Exporting Countries has so far surprised the market by showing record compliance with oil-output...

  • *Co to cut prices, launch brands, spend on stores& online. Feb 28- Target Corp gave a full-year profit forecast far below market expectations on Tuesday as the retailer plans to pour more money into improving its online platform and cutting prices to stay relevant amid fierce competition. Target, however, was unable to act as swiftly due to high costs related to a...

  • LONDON, Feb 28- British oil major BP said it will be able to balance its books at an oil price as low as $35- 40 a barrel by 2021 as the company has reined in spending. BP also said its upstream and downstream segments, its main oil and gas business units, will generate pre-tax free cashflow of $13- 14 billion and $9- 10 billion a year by 2021.. "Over the next five years we expect...

  • WASHINGTON, Feb 28- U.S. economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment. Gross domestic product rose at a 1.9 percent annual rate in the final three months of 2016, the Commerce Department said on Tuesday in its second estimate for the period.

  • *Trump to speak at 9:00 p.m. ET. Feb 28- U.S. stocks looked set to open flat on Tuesday, as investors preferred to wait and watch President Donald Trump's first speech to a joint session of Congress for clues on how he planned to implement his policies. "If he gives minimal detail this evening, then perhaps we might get a little bit wind out of the sails on this recent...

  • BRUSSELS/ FRANKFURT, Feb 28- After more than a year of negotiations, Deutsche Boerse got only 30 minutes notice on Sunday from the London Stock Exchange that their planned merger was effectively over, sources familiar with the talks told Reuters. The LSE move followed weeks of acrimony over German pressure to give Frankfurt preeminence as the headquarters for...