Wires

  • WASHINGTON, Dec 6- The U.S. Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that said the South Korean company had to pay a $399 million penalty to its American rival for copying key iPhone designs.

  • Dec 6- The U.S. Supreme Court, ruling in an insider trading case for the first time in two decades, on Tuesday upheld a Chicago man's conviction in a decision that could make it easier to prosecute people accused of profiting from confidential information.

  • Dec 6- Verizon Communications Inc, the No. 1 U.S. wireless carrier, is selling 29 data centers in the United States and Latin America to Equinix Inc for $3.6 billion, as the telecom giant focuses on its core business. The data centers being sold are located in 15 metro areas, including New York, Atlanta, Chicago, Bogota and Sao Paulo. Verizon has pivoted to mobile video and...

  • WASHINGTON— Orders to U.S. factories rose in October by the largest amount in 16 months but a key category that tracks business investment posted an anemic gain. The Commerce Department says factory orders increased 2.7 percent in October, the best showing since a 2.9 percent rise in June 2015. The strength came from a big 93.8 percent surge in the volatile...

  • RIYADH, Dec 6- Saudi Aramco's planned flotation is unlikely to require any major changes to Saudi Arabia's securities rules, the vice chairman of the kingdom's market regulator said. Saudi Arabia's ambitious Vision 2030 plan to diversify away from oil includes greater private sector involvement and improving the efficiency of state-owned companies.

  • *Abu Dhabi swings higher in volatile session. DUBAI, Dec 6- The petrochemical sector helped carry Saudi Arabia's stock market to a fresh one-year closing high on Tuesday after crude oil prices hit a 17- month peak, while Egypt's market followed global shares upwards. The petrochemical sector stayed strong; it has been contributing to the market's positive...

  • Dec 6- Wall Street was slightly lower on Tuesday morning, as gains in financial stocks failed to make up for losses in energy stocks following a drop in oil prices. Brent crude prices fell 2.5 percent, the first decline in five days, after data showed an increase in output from major producers, just days after OPEC and Russia agreed to a production cut.

  • BRIEF-SYNCHRONOSS EXPECTS Q4 REVENUE BETWEEN $145- $150 MLN@. *Q4 revenue view $197.8 million-- Thomson Reuters I/B/E/S. *Synchronoss Technologies now expects Q4 revenue between $145- $150 million- conf call.

  • WASHINGTON, Dec 6- New orders for U.S. factory goods recorded their biggest increase in nearly 1-1/ 2 years in October, further evidence that the manufacturing sector is gradually recovering after a prolonged downturn. The Commerce Department said on Tuesday new orders for manufactured goods rose 2.7 percent after an upwardly revised 0.6 percent gain in...

  • Canada posted a smaller-than-expected trade deficit of C $1.13 billion in October, down from a record C $4.38 billion shortfall in September, when a one-time shipment of oil machinery boosted imports, Statistics Canada data showed. "What the Bank of Canada will pay more attention to is the seven-tenths decline in export volumes on the month," said Scotiabank...

  • SAO PAULO, Dec 6- The Brazilian real slipped on Tuesday as a Supreme Court decision to oust the Senate's president raised concerns over potential delays in the approval of austerity measures to curb the country's massive fiscal deficit. Justice Marco Aurelio de Mello removed Senator Renan Calheiros based on a majority ruling by the nation's top court last...

  • *Q4 EPS C $2.10 vs forecast C $1.85. TORONTO, Dec 6- Bank of Montreal on Tuesday reported fourth-quarter earnings well ahead of market expectations, benefiting from strong performances at its capital markets and U.S. personal and commercial businesses. Canada's fourth-biggest lender said its earnings per share, excluding one-off items, rose to C $2.10 in the...

  • TORONTO, Dec 6- Canada's main stock index wavered on either side of flat in early trade on Tuesday, as slipping energy stocks were offset by a jump in Bank of Montreal shares after its earnings beat expectations and a surge in Kirkland Lake Gold Inc after it completed a merger. The Toronto Stock Exchange's S&P/TSX composite index was up 20.66 points, or 0.14 percent,...

  • LOS ANGELES, Dec 6- Chipotle Mexican Grill Inc, under activist pressure to revamp its board, expects to make an announcement shortly about a new slate of directors, the burrito chain's founder and co-chief executive said on Tuesday. Billionaire investor William Ackman, who took a nearly 10 percent stake in the beleaguered burrito chain three months ago, wants...

  • BRASILIA, Dec 6- Brazil's currency and stocks seesawed on Tuesday as a Supreme Court decision to remove the Senate president because he has been indicted on embezzlement charges raised doubts about upcoming votes on the government's austerity agenda. Newspaper O Globo reported that the next president of Brazil's Senate, a member of the opposition, said...

  • NEW YORK— The latest on developments in financial markets:. Devon Energy and rig operator Transocean each fell 3 percent. The S&P 500 slipped 1 point to 2,203. The Nasdaq composite lost 1 point to 5,307..

  • NEW YORK, Dec 6- The euro held slightly below three week highs against the U.S. dollar on Tuesday, following a strong rally on Monday, as investors waited on Thursday's highly anticipated European Central Bank meeting. The euro gained on Monday after Italian Prime Minister Matteo Renzi's loss in a referendum over constitutional reform was viewed by traders as...

  • PARIS, Dec 6- The Renault-Nissan alliance is replacing its top executive in charge of combining the carmakers' engines and gearboxes, sources told Reuters, as tightening emissions regulations expose the slow pace of integration so far. Alain Raposo, global head of powertrain engineering, will be moved to an advisory role, and a successor announced this week, four...

  • MEXICO CITY, Dec 6- Mexico's consumer confidence fell to its lowest level in nearly three years last month when U.S. real estate mogul Donald Trump triumphed in U.S. presidential elections, the national statistics agency said on Tuesday. Mexican consumer confidence slid 0.8 percent to 84.9 in November when adjusted for seasonal factors, its lowest level since...

  • President-elect Donald Trump that deeply rankled China, according to media reports on Tuesday. The telephone call was the first with a U.S. president-elect or president since President Jimmy Carter switched diplomatic recognition to China from Taiwan in 1979.. China regards Taiwan as a renegade province.