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Wires

  • LONDON, March 23- Euro zone stocks and bonds rallied on Thursday as banks snapped up almost quarter of a trillion euros of interest-free European Central Bank cash in what the ECB hopes will be the last outing for one of its main crisis-fighting tools. The pan-European FTSEurofirst 300 rose 0.25 percent with Frankfurt, Paris and Milan up as much as 0.6 percent and...

  • HOUSE DEMOCRATIC WHIP HOYER TELLS MSNBC REPUBLICANS CLEARLY DO NOT YET HAVE VOTES TO PASS HEALTHCARE BILL.

  • JOHANNESBURG, March 23- South African hotelier Tsogo Sun said it could increase its stake in Hospitality Property Fund to as much as 60 percent as part of an exchange if it reaches agreement to sell more hotel assets to the fund. Tsogo Sun acquired a 50.6 percent stake in Hospitality Property Fund, a real estate investment trust, last year in exchange for selling 10...

  • WASHINGTON— More people sought U.S. unemployment benefits last week, but applications are still at a low level that points to a healthy job market. The Labor Department says weekly unemployment benefit applications rose 15,000 last week to a seasonally adjusted 258,000. The four-week average ticked up 1,000 to 240,000.. The figure had topped 100 weeks but the...

  • WASHINGTON— Applications for US unemployment benefits rise to still-low 258,000, a sign layoffs are low.

  • NEWPORT BEACH, Calif. _ Accelerize Inc. on Thursday reported a loss of $2.8 million in its fourth quarter. The Newport Beach, California- based company said it had a loss of 4 cents per share. For the year, the company reported that its loss narrowed to $3.9 million, or 6 cents per share.

  • MUMBAI, March 23- India's finance ministry has called bankers into a meeting on Friday to discuss setting up a new facility to absorb surplus cash in the banking system, according to a letter sent to all heads of lenders seen by Reuters on Thursday. The proposal on draining surplus cash through such a facility had previously been mooted by the Reserve Bank of India.

  • NEW YORK— ABC News says three of its Twitter accounts were hacked Thursday morning and sent out profanity-filled tweets to its millions of followers. The tweets have since been deleted and ABC News says it is "working on resolving the problem." "ABC News is owned by Burbank, California- based The Walt Disney Co..

  • CHICAGO _ ConAgra Foods Inc. on Thursday reported fiscal third-quarter earnings of $179.7 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Four analysts surveyed by Zacks expected $1.99 billion.

  • *Anglo American seeking to maximise diamond revenues. Analysts said the joint venture no longer fitted LVMH's strategy, while Anglo American, which has long dominated global rough diamond sales, has been developing its presence on the high-margin diamond retail market. Anglo American, which along with other mining companies has largely recovered from a deep...

  • *Talks on raising fresh funds from China not successful-sources. HONG KONG/ MUMBAI, March 23- Indian online retailer Snapdeal is seeking investment to shore up its finances after unsuccessful talks with Chinese funds and Alibaba Group Holding Ltd as it battles to remain competitive, sources with direct knowledge of the matter said. "Snapdeal has been...

  • SAN DIEGO _ Neothetics Inc. on Thursday reported a loss of $2 million in its fourth quarter. On a per-share basis, the San Diego- based company said it had a loss of 14 cents. For the year, the company reported a loss of $13 million, or 94 cents per share.

  • LONDON, March 23- Financial firms must not base a decision to move from London after Brexit on expectations of being less heavily regulated, a senior Irish regulator said on Thursday. Sharon Donnery, deputy governor for central banking at the Central Bank of Ireland, said her country was receiving many enquiries from UK- based financial firms about relocating to...

  • LONDON, March 23- Financial firms must not base a decision to move from London after Brexit on expectations of being less heavily regulated, a senior Irish regulator said on Thursday. Sharon Donnery, deputy governor for central banking at the Central Bank of Ireland, said her country was receiving many enquiries from UK- based financial firms about relocating to...

  • LONDON— Official figures show retail sales in Britain bounced back strongly in February but that the underlying picture remains gloomy as the country prepares to start two years of discussions to leave the European Union. The Office for National Statistics said Thursday that retail sales rose 1.4 percent in February from the previous month.

  • LONDON, March 23- Liberty House, the industrial and commodities group that is buying up steel assets around the world, is considering investing in the troubled Italian Piombino mill as the global market picks up from a slump, two sources close to the matter said. The mill is owned by Algeria's Cevital Group, which has approached British financier Sanjeev Gupta,...

  • PALO ALTO, Calif. _ Eiger BioPharmaceuticals Inc. on Thursday reported a loss of $12.8 million in its fourth quarter. The Palo Alto, California- based company said it had a loss of $1.53 per share. Keywords: Eiger BioPharmaceuticals, Earnings Report.

  • March 23- Conagra Brands Inc, the maker of Chef Boyardee pasta and Orville Redenbacher's popcorn, reported a better-than-expected quarterly profit on Thursday, as it cut down on unprofitable products and discounts. Net income attributable to the company fell to $179.7 million, or 41 cents per share, from $204.6 million, or 46 cents per share in the third quarter.

  • Denver Health Medical Center, for example, opened a new $26.9 million clinic in the city's southwest in 2016 to provide care to an area lacking in health services and saw more patients within six months than it had expected over two years. But since November's election, when Republicans swept the White House and Congress, Denver Health has deferred $73.7 million-...

  • Spot iron ore fell to $84.99 a tonne on Wednesday, down 10.4 percent since its peak this year of $94.86, reached on Feb. 21, although it is still up 7.7 percent so far this year. The most-actively traded iron ore futures contract on the Dalian Commodity Exchange fell to 677.5 yuan a tonne on Wednesday, a drop of 6.9 percent since its peak so far this year of 727.5 yuan on...