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Wires

  • DALOA, Ivory Coast, May 24- Insufficient rain has dented the size and quality of cocoa beans delivered to Ivory Coast's main ports of Abidjan and San Pedro, despite recent improvements, growers and exporters told Reuters. Acid levels have fallen in recent weeks but remain above European Union standards in the world's top grower because of a lack of rain while bean...

  • NEW YORK, May 24- U.S. 10- year Treasury yields fell to session lows in early U.S. trading on Wednesday, underpinned by some safe-haven demand in the wake of Moody's downgrade of China's debt rating, citing its slowing growth and rising indebtedness.

  • BOSTON _ Eaton Vance Corp. on Wednesday reported fiscal second-quarter profit of $72 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share. Three analysts surveyed by Zacks expected $371.1 million.

  • *Fed minutes scheduled to be released at 2 p.m. ET. *Nvidia up on report of SoftBank holding $4 bln stake. The minutes will be released at 2 p.m. ET.

  • U.S. 10- YEAR TREASURY YIELD FALLS TO SESSION LOWS IN EARLY U.S.

  • *RBS and shareholders given until June 1 to settle. LONDON, May 24- A judge has given Royal Bank of Scotland and thousands of investors until June 1 to agree a deal that would avert a trial over the bank's 12 billion pound cash call in 2008.. "We must have certainty one way or another... and that must be made clear," Hildyard told London's High Court.

  • DeVry Education Group, which owns DeVry University, announced Wednesday that it will now be called Adtalem Global Education. The DeVry University chain has closed 39 campuses since 2014 amid sliding revenue. The company owns several other institutions, including the Chamberlain College of Nursing and Carrington College chains.

  • EPS 72 cents vs. est. of 70 cents. Analysts polled by Consensus Metrix expected a 0.5 percent drop in the Americas and a growth of 1.3 percent in the Asia-Pacific region in the first quarter ended April 30. "Mainland China was very strong, but other parts of China were weaker and Macau and Hong Kong have been struggling now for a little while," Yarbrough added.

  • VIENNA, May 24- OPEC and non-member oil producers could deepen output cuts or extend them for a year at a meeting in Vienna this week, Kuwait said on Wednesday, as they seek to clear a global stocks overhang and prop up the price of crude. OPEC members Iraq and Algeria as well as top non- OPEC producer Russia also said they support a nine-month extension.

  • NAPLES, Fla.— A Florida man says a Southwest Airlines employee refused to let him board a flight as a family with his husband, their three children and a grandparent. Grant Morse tells USA Today he was in the family boarding area at the gate at the Buffalo, New York, airport on Saturday when a gate agent told them the area is for family boarding. In an emailed statement to...

  • May 24- Lowe's Cos Inc, the No. 2 U.S. home improvement retailer, reported quarterly profit and comparable sales that missed analysts' estimates, in contrast to the strong results reported by larger rival Home Depot Inc last week. Lowe's shares were down 4 percent at $79 in premarket trading on Wednesday. Lowe's is trying to catch up with Home Depot's lead on...

  • CHAM, Switzerland, May 24- Miner and trader Glencore is looking to expand its agriculture business via its partnership with two Canadian funds, the company's CEO said on Wednesday, but has no plans to move into any commodities it does not already trade. "Agriculture has always been our strategy," Glasenberg told shareholders at the annual general meeting in Cham,...

  • *OPEC, other producers in Vienna to discuss oil output policy. *High inventories and rising U.S. output undermining OPEC limits. LONDON, May 24- Oil prices steadied on Wednesday as investors waited for news from Vienna where ministers from OPEC and other exporting countries were discussing whether to extend production cuts into the first quarter of next year.

  • MILAN, May 24- Big money managers have started buying cheap Greek stocks from banks to lotteries as clouds over talks between Athens and its international creditors gradually clear, anticipating big returns. A deal in May when Greece agreed to more austerity measures raised hopes of possible debt relief for a country that has endured economic hardship for...

  • LONDON, May 24- The dollar stayed pinned near 6-1/ 2- month lows on Wednesday, investors' focus shifting from U.S. politics to monetary policy after comments from a Federal Reserve official rekindled expectations of an interest rate hike next month. Diminishing expectations of a promised fiscal boost to the U.S. economy from President Donald Trump and a...

  • FRANKFURT, May 24- German prosecutors, who searched Daimler's offices this week as part of an investigation into diesel pollution, are talking to U.S. authorities, the Stuttgart public prosecutor's office said on Wednesday. "We are in contact with U.S. authorities," the Stuttgart public prosecutor's office said, declining to elaborate further about the nature of...

  • CAPE TOWN, May 24- Six South African telecom companies, including MTN Group and Vodacom, will be able to keep their in-demand broadband spectrum until their licenses expire in 2028 after agreeing to buy at least 30 percent of the government's new Wireless Open Access Network, the communications minister said on Thursday. Minister Siyabonga Cwele told...

  • PARIS, May 24- BNP Paribas plans to increase the assets run by its fund management arm by 5 percent a year to 2020 and speed up the development of the business in Germany, China and the United States. It also plans to rebrand BNP Paribas Investment Partners to BNP Paribas Asset Management from June 1. This brand will cover around 80 percent of its business, while the...

  • HANOI, May 24- Vietnam expects to grant investment licenses for three coal-fired power plants worth a combined $7.5 billion in early June, the country's investment minister said. The projects by Japanese, South Korean and Saudi Arabian investors are expected to receive licenses ahead of Vietnamese Prime Minister Nguyen Xuan Phuc's visit to Japan next month,...

  • VIETNAM EXPECTS TO GRANT INVESTMENT LICENCES IN EARLY JUNE FOR 3 COAL-FIRED POWER PLANTS WORTH $7.5 BLN MINISTER.