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  • 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 profile that should support rapid FDA approval,...

  • ST. LOUIS _ Perficient Inc. on Tuesday reported fourth-quarter net income of $3.7 million. On a per-share basis, the St. Louis- based company said it had net income of 11 cents. The company expects full-year earnings in the range of $1.17 to $1.31 per share, with revenue ranging from $485 million to $515 million.

  • US DOLLAR WEAKENS SLIGHTLY AFTER GDP DATA, FALLS TO SESSION LOW OF 112.04 YEN.

  • Feb 28- Nestle SA-backed Accera Inc said on Tuesday its experimental Alzheimer's drug failed a late-stage study, adding to the laundry list of disappointments in the pursuit of an effective treatment for the rampant mind-wasting disease. Accera's AC-1204 failed to induce a statistically significant improvement in symptoms versus a placebo in patients...

  • WASHINGTON— The U.S. economy grew at an anemic 1.9 percent rate in the fourth quarter, unchanged from an initial estimate, although consumers performed better than first thought. The Commerce Department says that the gross domestic product, the broadest measure of economic health, increased at an annual rate of 1.9 percent in the October-December quarter.

  • LONDON, Feb 28- Iraq has trimmed exports of Kirkuk crude oil to better meet its supply reduction obligations with OPEC and deliver fuel for local needs amid its campaign against Islamic State, a senior official from Iraq's semi-autonomous region of Kurdistan said. Kurdistan and Iraq agreed last year to jointly export crude from the giant Kirkuk oilfield after...

  • WASHINGTON— US economy grew at 1.9 percent rate in Q4, unchanged from initial estimate; consumer spending improved.

  • IRAQ REDUCES EXPORTS OF ITS SHARE OF KIRKUK OIL TO SERVE LOCAL MARKET AND COMPLY WITH OPEC CUTS- KURDISTAN RESOURCES MINISTER.

  • *Passive investors will wear losses if France leaves euro. LONDON, Feb 28- Investors across the world who track bond indexes may be stranded with loss-making French debt if National Front leader Marine Le Pen wins the presidential election and, as she wants, takes the country out of the euro zone. Presidential hopeful Le Pen- an anti-euro, far-rightist with an...

  • LAWRENCE, Mass. _ NxStage Medical Inc. on Tuesday reported a loss of $1.6 million in its fourth quarter. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 2 cents per share. Five analysts surveyed by Zacks expected $91.8 million.

  • Feb 28- Canada's Valeant Pharmaceuticals International Inc reported a better-than-expected quarterly profit on Tuesday, helped by lower costs and strength in its Bausch and Lomb eyecare business, but its net loss widened and the company said it was feeling pricing pressure. U.S.-listed shares were off at $15.83 in pre-market trading compared with a close...

  • NEW HAMPTON, N.Y. _ Balchem Corp. on Tuesday reported fourth-quarter profit of $15.9 million. The New Hampton, New York- based company said it had net income of 50 cents per share. For the year, the company reported profit of $56 million, or $1.75 per share.

  • *Earnings of C $2.28 before items vs forecast C $1.88. TORONTO, Feb 28- Bank of Montreal, Canada's fourth-biggest lender, on Tuesday reported much higher-than-expected quarterly earnings and announced plans to buy back 15 million of its shares. Net income rose to C $1.49 billion, or C $2.22 per share, from C $1.07 billion, or C $1.58 per share, a year earlier.

  • SANTA MONICA, Calif. _ Kite Pharma Inc. on Tuesday reported a loss of $84.9 million in its fourth quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of $1.75 per share. Kite Pharma shares have increased 27 percent since the beginning of the year.

  • Feb 28- JPMorgan Chase& Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts. Total adjusted expenses for 2017 are expected to be about $58 billion, up from $56.1 billion in 2016, according to slides posted on the company's website as part of the bank's...

  • LONDON, Feb 28- Intercontinental Exchange is looking into setting up a London- based metals trading system, industry sources familiar with the matter said, more than four years after its ailed attempt to buy the London Metal Exchange. The sources said New York- listed ICE is talking to Martin Abbott, a former chief executive of the 140- year-old LME, the world's...

  • JOHANNESBURG, Feb 28- South Africa's Nedbank booked a $293 million writedown on the value of its stake in sub-Saharan lender Ecobank on Tuesday and reported its slowest growth in annual profit since 2009.. Ecobank Transnational Inc's operations in central and west Africa are exposed to some economies that have been pressured by the commodity price slide and...

  • ROCK HILL, S.C. _ 3 D Systems Corp. on Tuesday reported fourth-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. Seven analysts surveyed by Zacks expected $176.1 million.

  • LAVAL, Quebec _ Valeant Pharmaceuticals International Inc. on Tuesday reported a loss of $515 million in its fourth quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share. Six analysts surveyed by Zacks expected $2.35 billion.

  • ATLANTA _ PRGX Global Inc. on Tuesday reported a fourth-quarter loss of $233,000, after reporting a profit in the same period a year earlier. On a per-share basis, the Atlanta- based company said it had a loss of 1 cent. PRGX Global shares have declined roughly 2 percent since the beginning of the year.