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  • *Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar fell on Friday headed for steep weekly losses, as investors braced for another day of cratering sentiment and waited to see whether Japan would act to stem its currency's slid. "The BOJ's negative interest rate policy has less effect on encouraging more liquidity by banks but...

  • -Lipper@ NEW YORK, Feb 11- Investors pulled money from U.S.-based stock funds again during the most recent week, piling into Treasuries, gold and other safe-haven assets as global market performance continued to falter. The stock funds posted $1.5 billion in withdrawals during the week that ended Feb. 10, Lipper data showed on Thursday, as money fled the risk assets...

  • SAN FRANCISCO, Feb 11- Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices, the agency said Thursday. The announcement of the investigation follows the resignation on Monday of Zenefits Chief Executive Parker Conrad, who was replaced amid allegations from state regulators...

  • LIMA, Feb 11- Peru's central bank raised the benchmark interest rate for the third straight month on Thursday and warned that rising inflation expectations threatened to trigger a feed-back loop of quickening price hikes. The central bank has risen the interest rate four times in the past six months as the currency has tumbled against the dollar amid...

  • TOKYO, Feb 12- Japan's Nikkei share average fell below the psychologically important mark of 15,000 for the first time in 16 months, as the dollar dived to a 15- month low against the yen. The Nikkei fell as much as 4.6 percent to trade at 14,992.14 in early morning trade, the lowest level since October, 2014.. The broader Topix dropped 3.5 percent to 1,221.03, and the...

  • VANCOUVER, British Columbia _ Mercer International Inc. on Thursday reported fourth-quarter profit of $21.7 million. Mercer International shares have dropped 32 percent since the beginning of the year. Keywords: Mercer International, Earnings Report.

  • NEW YORK, Feb 11- A U.S. judge on Thursday ordered creditors suing Argentina over defaulted bonds to establish why orders that restricted it from servicing its restructured debts should not be vacated after the country's $6.5 billion offer to settle the dispute. District Judge Thomas Griesa in Manhattan gave bondholders until mid-February to show why the...

  • BRASILIA, Feb 11- Iran and Brazil are in talks about a possible Iranian investment in troubled refinery projects controlled by Brazilian state-led oil company Petroleo Brasileiro SA, a Brazilian government source told Reuters on Thursday. Iran, which is boosting oil output after the end of sanctions over its nuclear program, is interested in exporting oil to...

  • SINGAPORE, Feb 12- U.S. crude prices bounced away from 12- year lows early on Friday after comments by an OPEC energy minister sparked hopes of a coordinated production cut, yet analysts said such a move remained unlikely and that oversupply would persist. Friday's jump came after a Middle East energy minister of an OPEC country said the producer club was willing...

  • WASHINGTON, Feb 11- The U.S. House of Representatives will vote on Friday on legislation broadening sanctions against North Korea that is expected to pass with overwhelming support, sending the measure to the White House for President Barack Obama to sign into law. Ben Rhodes, his deputy national security adviser, said the White House would review the measure...

  • LIMA, Feb 11- Peru's central bank raised the benchmark interest rate for the third straight month on Thursday and warned that rising inflation expectations threatened to trigger a feed-back loop of quickening price hikes. A majority of analysts polled by Reuters had forecast an increase of the key rate by 25 basis points to 4.25 percent after the annual...

  • VANCOUVER, British Columbia _ Merus Labs International Inc. on Thursday reported a loss of $686,000 in its fiscal first quarter. The Vancouver, British Columbia- based company said it had a loss of 1 cent per share. Keywords: Merus Labs, Earnings Report.

  • SAN CLEMENTE, Calif. _ CareTrust REIT Inc. on Thursday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in San Clemente, California, said it had funds from operations of $7.6 million, or 24 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds...

  • TOKYO, Feb 12- Japanese Finance Minister Taro Aso said on Friday he hopes the Group of 20 finance leaders gathering in Shanghai later this month will consider a global policy response in the wake of the recent market turmoil. "I want to consider if there are ways that the G20 countries can cooperate in response to recent market turmoil," Aso told reporters at a...

  • SAN JOSE, Calif. _ Vocera Communications Inc. on Thursday reported a loss of $3 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share. For the current quarter ending in April, Vocera expects its results to range from a loss of 10 cents per share to a loss of 4 cents per share.

  • RIO DE JANEIRO, Feb 11- A judge in Brazil's state of Minas Gerais has frozen 470 million reais of assets owned by Vale SA and 1.8 million reais linked to BHP Billiton Ltd to ensure payment of damages related to a deadly dam rupture, Rio de Janeiro's O Globo newspaper said on Thursday. A tailings dam at Samarco Mineração SA's main iron ore mine burst in early November,...

  • NEW YORK, Feb 11- A U.S. judge on Thursday ordered creditors suing Argentina over defaulted bonds to establish why an order that restricted it from servicing its restructured debts should not be vacated after the country's $6.5 billion offer to settle the dispute. District Judge Thomas Griesa in Manhattan gave bondholders until mid-February to show cause why...

  • SUNNYVALE, Calif. _ Infinera Corp. on Thursday reported fourth-quarter earnings of $12.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 21 cents per share. Infinera shares have declined 23 percent since the beginning of the year.

  • EAST RUTHERFORD, N.J. _ Amber Road Inc. on Thursday reported a loss of $6.6 million in its fourth quarter. On a per-share basis, the East Rutherford, New Jersey- based company said it had a loss of 25 cents. For the current quarter ending in April, Amber Road expects its results to range from a loss of 19 cents per share to a loss of 17 cents per share.

  • CBS and other media companies are under pressure to show they can survive and thrive as younger viewers turn away from traditional television. "I don't think there is anything in the numbers that doesn't suggest that the strength of the business remains good," Evercore ISI analyst Vijay Jayant said of CBS. CBS will continue "business as usual," he told analysts.