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  • July 29- Power producer NextEra Energy Inc said it had agreed to buy reorganized Energy Future Holdings Corp and its indirect stake in Oncor Electric Delivery Co in a deal with enterprise value of about $18.4 billion. The agreement will be filed as part of the restructuring of Energy Future, currently before the Delaware bankruptcy court, and it is designed to...

  • July 29- Health insurer Cigna Corp's quarterly revenue rose nearly 5 percent as it added new members to government-backed health plans. The company, whose proposed takeover by bigger rival Anthem Inc is being challenged by U.S. antitrust authorities, said shareholder income fell to $510 million, or $1.97 per share in the second quarter ended June 30 from $588...

  • BLOOMFIELD, Conn. _ Cigna Corp. on Friday reported second-quarter net income of $510 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.39 per share. Eight analysts surveyed by Zacks expected $9.77 billion.

  • ALISO VIEJO, Calif. _ The New Home Co. on Friday reported second-quarter earnings of $2.5 million. The Aliso Viejo, California- based company said it had profit of 12 cents per share. Keywords: New Home Co., Earnings Report.

  • MIRAMAR, Fla. _ Spirit Airlines Inc. on Friday reported second-quarter profit of $73.1 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share. Three analysts surveyed by Zacks expected $586.4 million.

  • LONDON, July 29- A corporate makeover at Barclays under CEO Jess Staley showed signs of paying off on Friday as the British bank reported an improved performance in its key businesses, helping send its shares up more than 7 percent. Staley in March set out a strategy to simplify the bank's structure and seek higher shareholder returns through the sale of the bulk...

  • HOUSTON _ Calpine Corp. on Friday reported a second-quarter loss of $29 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Houston- based company said it had a loss of 8 cents. Calpine shares have decreased nearly 2 percent since the beginning of the year.

  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Signs of Brexit stress: 1) London- focused estate agent Foxtons blames a 42 percent drop in its first-half profit on Britain's EU referendum. 2) British Airways- owner IAG trims growth...

  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Signs of Brexit stress: 1) London- focused estate agent Foxtons blames a 42 percent drop in its first-half profit on Britain's EU referendum. 2) British Airways- owner IAG trims growth...

  • REUTERS POLL- BRENT CRUDE OIL SEEN AVERAGING $45.51/ BARREL IN 2016.

  • A survey of 29 economists and analysts forecast Brent crude will average $45.51 per barrel in 2016, up marginally from last month's forecast of $45.20, and about $3.55 higher than the $41.96 average so far this year. "We project solid global demand growth in 2016, and a reasonable growth in 2017, mostly driven by China, India and Africa. As such, demand should help to...

  • Hungary@ BUDAPEST, July 29- Central European currencies eased slightly on Friday in edgy global sentiment before a first estimate for Q2 U.S. growth, with the forint getting some support from news of Daimler expanding its plant in Hungary. "We do not expect a direct impact on the forint now, but the 1 billion euro investment could be forint-supportive indirectly,...

  • BUDAPEST, Hungary— Automaker Daimler's Mercedes-Benz brand says it will build a new manufacturing plant in Hungary by the end of the decade, investing 1 billion euros and creating 2,500 new jobs. Markus Schafer, head of production and supply chain management at Mercedes-Benz Cars, said the new factory would use a flexible work flow, allowing the assembly line to...

  • By Tim Hepher and Cyril Altmeyer. PARIS, July 29- French aerospace group Safran found itself squeezed between two massive industrial projects on Friday when investors dumped its stock for relying too heavily on its historic CFM56 jet engine, even as it races to deliver the popular successor. Safran co-developed the CFM56 and its LEAP successor with General...

  • Except, that is, in Russia. While in the past two years world oil prices have fallen 60 percent, the prices at the pump for gasoline in Russia- one of the world's biggest oil producers- have risen 11 percent. That extra money is about 1.4 percent of projected budget revenues for this year, or roughly what it will cost the Kremlin to build a planned bridge connecting...

  • LONDON, July 29- Britain's new government has cast doubt over a project with French energy company EDF to build the UK's first new nuclear plant in decades, delaying a decision on the plan just a day after the company's board voted to proceed. Although EDF and Chinese partner China General Nuclear are responsible for the up-front costs of the project, Britain has...

  • SANTIAGO, Chile _ Banco Santander-Chile on Friday reported second-quarter earnings of $175.3 million. Banco Santander-Chile shares have climbed 15 percent since the beginning of the year. Keywords: Banco Santander-Chile, Earnings Report.

  • FRANKFURT, July 29- Volkswagen said on Friday it regretted the Washington Department of Ecology's decision to fine it $176 million over its emissions scandal, saying the move ran counter to efforts to resolve U.S. consumer claims collectively. On Thursday, the Washington Department of Ecology said it had fined VW $176 million for installing illegal software...

  • MILAN— The spotlight is on Italy's troubled banks as regulators prepare to release the results Friday of stress tests of EU lenders that will show how much money the country's financial sector, the most troubled in the region, needs to avoid rekindling a eurozone crisis. Banks in several countries could be shown to be financially weak, but Italy's are under...