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  • AUSTIN, Texas _ USA Compression Partners LP on Wednesday reported a fourth-quarter loss of $159.6 million, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. USA Compression shares have dropped 28 percent since the beginning of the year.

  • *Other sectors monitoring case for guidance on pricing methods. BRUSSELS, Feb 10- Leading shipping container groups Maersk, MSC and 13 other companies have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines, two people familiar with the matter said on Wednesday. The European Commission opened an...

  • KIEV, Feb 10- Ukraine must enact promised reforms and root out corruption or risk losing the support of the International Monetary Fund, its head, Christine Lagarde, said in a statement on Wednesday. "I am concerned about Ukraine's slow progress in improving governance and fighting corruption, and reducing the influence of vested interests in policymaking," she...

  • BETHESDA, Md. _ Walker& Dunlop Inc. on Wednesday reported fourth-quarter net income of $20.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Walker& Dunlop shares have declined 25 percent since the beginning of the year.

  • *USDA forecast of big world inventories weakens. Corn was again weak after dropping in the previous session after the USDA forecast hefty U.S. supplies. "Wheat, corn and soybeans are still burdened by the forecasts of large global supplies made by the USDA monthly report on Tuesday," said Frank Rijkers, agrifood economist at ABN AMRO Bank.

  • BERLIN, Feb 10- German Finance Minister Wolfgang Schaeuble is not concerned about Deutsche Bank whose shares have fallen sharply recently, a ministry spokeswoman said on Wednesday. "You heard the short sentence that the minister said yesterday in Paris that he is not concerned, I don't have anything to add to that," said the spokeswoman at a regular government...

  • NEW YORK, Feb 10- Guggenheim Partners is launching a new fixed-income exchange-traded fund on Wednesday, bringing its approach to risk management to a roiling corporate bond market. "The world of fixed-income today is becoming a risk-off market," said Anne Walsh, one of the funds' other portfolio managers, who said China's currency could devalue further and oil...

  • FRANKFURT, Germany— Deutsche Bank shares have rebounded strongly after a news report that the bank may buy back some of its own bonds to strengthen its finances. Deutsche Bank shares had fallen on worries over whether the bank could pay some of its obligations, and more generally by disappointment with the announcement Jan. 28 of a 6.8 billion euro loss for last...

  • *Iran says open to cooperation with Saudi Arabia. LONDON, Feb 10- Oil rose towards $31 a barrel on Wednesday after four days of declines, supported by the prospect of OPEC and rival producers cooperating to tackle a supply glut that has sent prices to a 12- year low. Iran's oil minister said Tehran was ready to negotiate with Saudi Arabia and the Kremlin's oil tsar...

  • *Says oil price drop driven by OPEC decision. Oil prices have slumped more than 70 percent to near $30 a barrel over the past 18 months as supply exceeded demand by up to 2 million bpd after OPEC, seeking to drive higher-cost producers out of the market, decided not to cut production. Struggling oil-producing countries have urged OPEC leader Saudi Arabia in recent...

  • MOSCOW— Russian activists and political commentators have criticized Moscow authorities over the late-night destruction of kiosks around the city. The city decided to tear them down in December, and the remaining ones will be torn down by Feb. 24, according to the Russian RIA Novosti news agency. They used hashtags such as " Moscow,"'' apocalypse, "'' demolition" and "ruin"...

  • TEL AVIV, Israel _ Wix.com Ltd. on Wednesday reported a loss of $11.3 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share. For the current quarter ending in April, Wix.com said it expects revenue in the range of $73 million to $74 million.

  • WASHINGTON, Feb 10- U.S. House of Representatives lawmakers will introduce bipartisan legislation on Wednesday that would prohibit states from requiring tech companies to build encryption weaknesses into their products. The legislation is in response to proposals in recent months in New York and California that would require companies to be able to...

  • *Says not overly worried about China. LONDON, Feb 10- Britain's ARM Holdings said more than half of all smartphones shipped in the fourth quarter contained its most powerful processor technology, helping it grow revenue even as demand cools in markets such as China. Chief Financial Officer Chris Kennedy said that a 14 percent rise in revenue in the fourth quarter,...

  • *Asahi eyes overseas growth as beer sales fall in Japan. TOKYO, Feb 10- Asahi Group Holdings Ltd has reached a preliminary deal to buy SABMiller PLC's Peroni and Grolsch beer brands for over 400 billion yen, the Nikkei daily reported, as part of efforts to offset slow growth at home. But the company has sought grow outside Japan where beer sales have fallen over the...

  • *Bank shares lead Europe stocks up after Asia falls. LONDON, Feb 10- European stocks rose on Wednesday, rallying after losses in Asia, as concerns about the health of banks that have hammered shares globally in recent days eased and oil prices recovered from Tuesday's steep falls. Investors and traders were looking ahead to Congressional testimony from Federal...

  • HELSINKI— Hit by sharp declines in freight rates and the oil price, Danish shipping and oil group A.P. Moller-Maersk says it turned a $2.5 billion loss in the fourth quarter, a big turnaround from the previous year's profit of $189 million in the equivalent period. The company said it reduced the value of some of its oil assets by $2.6 billion in light of the sharp...

  • TOKYO, Feb 10- Japan's Nikkei benchmark on Wednesday plunged below what could be the most important support level in recent years for foreign investors, a break some analysts say could lead to a foreign investment reversal in Japanese shares. At the current exchange rate, that 136 mark would correspond to about 15,600 in the Nikkei, its lowest level since October...

  • *FTSEurofirst 300 recovers after sharp fall. LONDON, Feb 10- European shares rebounded on Wednesday from two-year lows reached in the previous session, helped by some solid corporate earnings and a recovery in Deutsche Bank. The pan-European FTSEurofirst 300 index, which had fallen 1.6 percent to its lowest point since September 2013 on Tuesday, rose 1.5...

  • SEOUL, Feb 10- South Korea said on Wednesday it would suspend operations at a jointly run factory park just inside North Korea following the North's long-range rocket launch over the weekend, cutting off an important source of revenue for the impoverished North. North Korea's Feb. 7 rocket launch put a satellite into orbit, although the United States and South...