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Wires

  • *Abbott up after raising full-year profit forecast. July 20- U.S. stock indexes looked set to open higher on Thursday, a day after all three major indexes closed at record highs, as investors waited for earnings to sustain the rally in technology stocks. The S&P 500 tech sector, which has been the best performing sector this year, broke its previous record closing...

  • ZURICH, July 20- Swiss smart meter maker Landis+ Gyr has priced its initial public offering at 78 Swiss francs per share, a source familiar with the matter said on Thursday. The IPO price range had been set at 70 to 82 francs per share. Landis+ Gyr is majority-owned by Japan's Toshiba.

  • MANITOWOC, Wis. _ County Bancorp Inc. on Thursday reported second-quarter profit of $2.1 million. County Bancorp shares have declined slightly more than 8 percent since the beginning of the year. Keywords: County Bancorp, Earnings Report.

  • TREASURY YIELDS TURN FLAT, PARE EARLIER FALL; 10- YEAR YIELD LAST AT 2.268 PCT.

  • TROY, Mich. _ Syntel Inc. on Thursday reported second-quarter profit of $36.7 million. Syntel expects full-year earnings to be $1.62 to $1.77 per share, with revenue in the range of $865 million to $900 million. Syntel shares have fallen 15 percent since the beginning of the year.

  • NEW YORK, July 20- U.S. Treasury yields held close to their session lows on Thursday, as jobless claims hitting a near five-month trough last week were offset by a regional business gauge from the Philadelphia Federal Reserve falling to an eight-month low. At 8:38 a.m., the benchmark 10- year Treasury yield was 2.261 percent, down 0.6 basis point from late on...

  • LONDON— Britain's culture secretary needs more time to consider Twenty-First Century Fox's takeover bid for the Sky pay television and broadband network. Culture Secretary Karen Bradley said Thursday in an update before Parliament breaks for recess that she is not yet in a position to make a final decision on whether or not to refer the matter to the...

  • CARACAS, July 20- Many Venezuelan streets were deserted and barricaded on Thursday for a strike called by foes of President Nicolas Maduro to demand a presidential election and the abandonment of a plan for a new congress they fear would institute a dictatorship. Many businesses were staying shut as the opposition organized a 24- hour national shutdown from 6...

  • LONDON, July 19- The electric vehicle revolution is gathering momentum. Barely a week goes by without a fresh, starting revelation, whether it be Sweden's Volvo promising to phase out traditional internal combustion engines from 2019 or France aiming to end the sale of gasoline and diesel vehicles by 2040.. We don't know at which precise point of that chain...

  • The company raised its full-year adjusted earnings from continuing operations by 3 cents to a range of $2.43 per share to $2.53 per share. Abbott's second-quarter profit of 62 cents per share edged past estimates by 1 cent, according to Thomson Reuters I/B/E/S. Net profit from continuing operations more than halved to $270 million, or 15 cents per share, in the...

  • WASHINGTON— US applications for unemployment benefits fell 15,000, to 233,000 last week.

  • WASHINGTON, July 20- The number of Americans filing for unemployment benefits fell more than expected last week, touching its lowest level in nearly five months, suggesting another month of strong job growth. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 233,000 for the week ended July 15, the Labor Department said on...

  • LONDON, July 20- U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. In a memo to staff Jim Cowles, the bank's head of Europe, Middle East and Africa, said the bank also planned to build up its...

  • HOFFMAN ESTATES, Ill.— Sears will begin selling Kenmore appliances on Amazon.com, including smart appliances that can be synced with Amazon's voice assistant, Alexa. Sears, which also owns Kmart, says that its Kenmore Smart appliances will be fully integrated with Amazon's Alexa, allowing users to fully control things like air conditioners through voice...

  • July 20- Sears Holdings Corp said its Kenmore brand of home appliances would now be available on Amazon.com, sending the struggling retailer's shares up 7 percent in premarket trading on Thursday. The retailer also said it had integrated "smart" appliances from the Kenmore brand, such as connected room air conditioners, with Alexa, Amazon's digital assistant...

  • July 20- Elias Sanchez, a trusted adviser to Puerto Rican Governor Ricardo Rossello and the governors liaison to Puerto Ricos financial oversight board, has resigned, Sanchez said on Thursday. Sanchez, who was effectively the face of the Puerto Rican government on issues concerning the islands massive debt restructuring, said in an interview that he wanted to...

  • July 20- Elias Sanchez, a trusted adviser to Puerto Rican Governor Ricardo Rossello and the governors liaison to Puerto Ricos financial oversight board, has resigned, Sanchez said on Thursday. Sanchez, who was effectively the face of the Puerto Rican government on issues concerning the islands massive debt restructuring, said in an interview that he wanted to...

  • July 20- Elias Sanchez, a trusted adviser to Puerto Rican Governor Ricardo Rossello and the governors liaison to Puerto Ricos financial oversight board, has resigned, Sanchez said on Thursday. Sanchez, who was effectively the face of the Puerto Rican government on issues concerning the islands massive debt restructuring, said in an interview that he wanted to...

  • July 20- Elias Sanchez, a trusted adviser to Puerto Rican Governor Ricardo Rossello and the governors liaison to Puerto Ricos financial oversight board, has resigned, Sanchez said on Thursday. Sanchez, who was effectively the face of the Puerto Rican government on issues concerning the islands massive debt restructuring, said in an interview that he wanted to...