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Wires

  • *France election campaign continues to weigh on euro. LONDON, Feb 27- The dollar edged up from a 2-1/ 2- week low against the yen on Monday but struggled to gain traction more broadly, as investors awaited a speech this week by U.S. "The FX market is going to be most reactive to anything in the address which seems to reverse what we were already thinking was in train," said...

  • Cash will remain a crucial part of the financial system despite these concerns, Fritz Zurbruegg, deputy head of the Swiss National Bank, said. The European Central Bank last year caused a stir in some countries, notably Germany, when it said it would stop issuing 500 euro notes as part of a push against their use by criminals. There was concern in Switzerland that the...

  • *UAE and Iraq pledge to catch up with production cut targets. Brent crude oil rose 52 cents to $56.51 a barrel by 1224 GMT, while U.S. Money managers also raised their bullish U.S. crude futures and options positions in the week to Feb. 21 to the highest on record, the U.S. Commodity Futures Trading Commission said on Friday.

  • CHICAGO _ Gogo Inc. on Monday reported a loss of $26.9 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share. Seven analysts surveyed by Zacks expected $152.6 million.

  • ALPHARETTA, Ga. _ Halyard Health Inc. on Monday reported fourth-quarter earnings of $10 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Four analysts surveyed by Zacks expected $401.8 million.

  • NEW YORK _ Sotheby's on Monday reported fourth-quarter net income of $65.5 million, after reporting a loss in the same period a year earlier. The New York- based company said it had net income of $1.20 per share. Sotheby's shares have risen nearly 1 percent since the beginning of the year.

  • BOSTON _ American Tower Corp. on Monday reported a key measure of profitability in its fourth quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of $1.38 per share. Eight analysts surveyed by Zacks expected $1.55 billion.

  • Feb 27- U.S. stock index futures struggled for direction on Monday as investors looked for fresh catalysts following Wall Street's record-setting run. *Investors will keenly watch President Donald Trump's address to a joint session of Congress on Tuesday evening for clues on his proposed tax reform and how he plans to overhaul the Affordable Healthcare Act.

  • DUBLIN _ Horizon Pharma Inc. on Monday reported a fourth-quarter loss of $130.5 million, after reporting a profit in the same period a year earlier. The Dublin- based company said it had a loss of 81 cents per share. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

  • NEW YORK _ Shutterstock Inc. on Monday reported fourth-quarter profit of $9.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Three analysts surveyed by Zacks expected $136.1 million.

  • BARCELONA, Feb 27- Softbank's semiconductor subsidiary ARM will deliver about a trillion chips designed for the so-called internet of things over the next 20 years, the chairman and CEO of the Japanese company said on Monday. Speaking at the Mobile World Congress, the industry's largest annual trade show, Softbank's Masayoshi Son said the number of "brain cells"...

  • COLUMBUS, Ohio _ Installed Building Products Inc. on Monday reported fourth-quarter net income of $11.1 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Installed Building Products shares have decreased nearly 1 percent since the beginning of the year.

  • NEWTON, Mass. _ Senior Housing Properties Trust on Monday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Newton, Massachusetts, said it had funds from operations of $118.6 million, or 50 cents per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds...

  • Berkshire Hathaway holds sizeable stakes in American Airlines, Delta Air Lines, United Continental and Southwest. At the end of 2016, Berkshire held 45.5 million shares of American, 60 million shares of Delta, 43.2 million shares of Southwest and nearly 29 million shares of United Continental. The billionaire investor said on CNBC Monday that Berkshire...

  • HAMILTON, Bermuda _ Kosmos Energy Ltd. on Monday reported a fourth-quarter loss of $56.7 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 1 cent per share. Kosmos Energy shares have fallen 15 percent since the beginning of the year.

  • LAUNCESTON, Australia, Feb 27- If you were looking for evidence of reduced crude oil supply from OPEC and its main ally in cutting output to boost prices, Russia, then stay away from Asia's top importers. January import data from China, India and Japan do little to show the impact of reduced crude supply, but do suggest that prices have risen in response to move by the...

  • *Full-year adjusted earnings per share up 12 pct. LONDON, Feb 27- British newspaper group Trinity Mirror said it would focus on growing its digital advertising sales to cope with "challenging and volatile" markets after reporting a 10.7 percent drop in full-year print revenue. "The print environment is challenging, we are under no illusions about that," Chief...

  • *Drug found statistically significant compared to a placebo. Feb 27- La Jolla Pharmaceutical Co said on Monday its lead experimental drug to treat low blood pressure met the main goal of a late-stage study on patients with distributive shock who had not adequately responded to existing treatments. La Jolla's stock jumped 51 percent to $29.99 in low volumes in...

  • NEW YORK _ AmTrust Financial Services Inc. on Monday reported fourth-quarter net income of $114.7 million. On a per-share basis, the New York- based company said it had net income of 57 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

  • NEW YORK _ Leucadia National Corp. on Monday reported fourth-quarter earnings of $138.2 million. On a per-share basis, the New York- based company said it had profit of 37 cents. For the year, the company reported profit of $130 million, or 34 cents per share.