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  • *Wheat prices fall on Egypt demand uncertainty. LONDON, Feb 8- U.S. soybeans slid to a one-month low on Monday as rains across Argentina eased fears over dry weather curbing yields while wheat also fell as uncertainty about demand from top buyer Egypt kept prices under pressure. Wheat futures were lower weighed by uncertainty about trade with Egypt following the...

  • SOUTH PORTLAND, Maine _ Wex Inc. on Monday reported fourth-quarter profit of $20.9 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share. Six analysts surveyed by Zacks expected $203.1 million.

  • *Focus shifting to Fed testimony, IEA, EIA and OPEC data. *Iran says European buyers agreed to lift its crude. Global benchmark Brent futures were down 68 cents at $33.38 at 1212 GMT, while U.S. crude futures lost 81 cents to $30.08.

  • Feb 8- Canadian miner Tahoe Resources Inc said it would buy peer Lake Shore Gold Corp in a stock deal valued at C $945 million to add low-cost gold operations to its portfolio. Tahoe will pay 0.1467 of its stock for each Lake Shore Gold share. The offer works out to C $1.71, representing a 15 percent premium to Lake Shore shares, based on both stocks' Friday close.

  • GENEVA, Feb 8- When executive board members of the World Health Organization sat down for their annual meeting in Geneva in January, many powerful figures spoke forcefully of the need to reform the leading global authority on health and disease. "It's time to stop talking," Stewart Jessamine, New Zealand's director of public health and a WHO executive board member,...

  • *Takes impairment charge of $499 mln on 9 rigs. *Adjusted profit $0.90 vs est $0.54. "By conserving additional cash, we will have increased flexibility to manage the company through difficult market conditions and position ourselves for the eventual recovery in offshore drilling," Chief Executive Marc Edwards said in a statement.

  • LONDON, Feb 8- The global economy is being hit by a slowdown in growth, large swings in exchange rates and tumbling commodity prices. The case for a single interconnected adjustment was made by Jaime Caruana, general manager of the Bank for International Settlements on Friday. Much of the borrowing has been conducted in U.S. dollars and was made possible by low...

  • FRANKFURT, Germany— The top central bankers from France and Germany are joining in an appeal to fix longstanding flaws in the euro currency by more closely integrating their economies and putting more authority over policy at the European level. Francois Villeroy de Galhau and Jens Weidmann argue in an article Monday in the Sueddeutsche Zeitung daily that...

  • Feb 8- Drug developer BioCryst Pharmaceuticals Inc said its lead drug failed to reduce the frequency of recurrent swelling in patients with hereditary angioedema, a rare genetic condition. The company's shares slumped 41.7 percent to $3.58 in premarket trading on Monday. BioCryst said patients administered either a 500 mg or 300 mg dose of the drug,...

  • PAWTUCKET, R.I.— Hasbro Inc. on Monday reported fourth-quarter earnings of $175.8 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. Hasbro shares have risen 10 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased 8 percent.

  • *France says will support New Caledonia nickel industry. Three-month nickel on the London Metal Exchange lurched down to $7,900 a tonne, the weakest since April 2003, before paring losses to $8,095, down 0.8 percent, by 1127 GMT. We think there's over one million tonnes of nickel inventories around, "said analyst David Wilson at Citi in London.

  • Feb 8- Hasbro Inc reported better-than-expected quarterly revenue and profit, helped by strong holiday demand for toys based on "Star Wars: The Force Awakens" and " Jurassic World" movies released last year. Revenue from the company's toys targeted at boys, which include toys based on the "Star Wars" and " Jurassic World" films, jumped 35 percent to $569.8 million in the...

  • CHICAGO _ CNA Financial Corp. on Monday reported a fourth-quarter loss of $70 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 90 cents per share. CNA Financial shares have decreased nearly 8 percent since the beginning of the year.

  • Feb 8- Drug developer BioCryst Pharmaceuticals Inc said its lead drug for a rare genetic condition had failed in a large trial to reduce the frequency of recurrent swelling in patients. BioCryst's shares fell 18.6 percent to $5 in light volumes in premarket trading on Monday. The company said patients who took either a 500 mg or 300 mg dose of the drug, avoralstat,...

  • Feb 8- Hasbro Inc's quarterly revenue jumped 12.8 percent, helped by strong holiday demand for toys based on "Star Wars: The Force Awakens" and " Jurassic World" movies, which were released last year. The net income attributable to Hasbro rose to $175.8 million, or $1.39 per share, in the fourth quarter ended Dec. 27 from $169.9 million, or $1.34 per share, a year earlier.

  • PRAGUE— After the attacks in Paris and New Year's security scares, Germans have been snapping up self-defense equipment like stun guns— to the delight of a Czech manufacturer who corners the market. Prague- based Euro Security Products, or ESP, has been flooded by new orders from Germany for stun guns and can't keep up with demand. Ingo Meinhard, the head of the German...

  • Cognizant forecast adjusted profit between 78- 80 cents per share and revenue of $3.18 billion- $3.24 billion for the three months ending March. The company's net income rose to $423.4 million, or 69 cents per share, from $362.9 million, or 59 cents per share, a year earlier. Analysts on average had expected a profit of 78 cents per share and revenue of $3.24 billion,...

  • TEANECK, N.J. _ Cognizant Technology Solutions Corp. on Monday reported fourth-quarter net income of $423.4 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. Eleven analysts surveyed by Zacks expected $3.24 billion.

  • GENEVA— The new CEO of Credit Suisse has proposed that its board make a "significant" cut in his bonus after the Swiss bank posted disappointing earnings last week and announced 4,000 job cuts. An e-mail from Credit Suisse's press office said he proposed the biggest cut among the bank's management team because "I cannot demand sacrifices from others and not make...

  • Feb 8- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, suspended its dividend after swinging to a quarterly loss as it wrote down the value of nine drilling units by nearly half a billion dollars. Gulf of Mexico, for $210 million. Houston- based Diamond Offshore posted a net loss of $245.4 million, or $1.79 per share, in the fourth...