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  • LONDON, Feb 11- Drugmaker Shire reported better-than-expected profit in the last quarter of 2015, a period when management could have been distracted by buying rare disease specialist Dyax and the final stages of its $32 billion pursuit of Baxalta International. Shares in the London- listed company reversed early losses on Thursday to trade up 0.7 percent at...

  • LONDON, Feb 11- "The aluminium market continues to, in our view, face the greatest bearish fundamental shock in a generation, and perhaps, in its history." The Wall Street heavyweight is now projecting aluminium will trade at $1,350 per tonne on a 12- month horizon, down from its previous estimate of $1,550. On the London Metal Exchange three-month metal is today...

  • *All 10 S&P sectors fall, led by financials. Feb 11- U.S. stock indexes plummeted on Thursday morning as investors spooked by the health of the global economy jettisoned stocks and fled to safe-haven assets. Federal Reserve Chair Janet Yellen on Wednesday acknowledged tightening financial conditions and uncertainty about China and the risks that posed to the...

  • LAS VEGAS _ Pinnacle Entertainment Inc. on Thursday reported a fourth-quarter loss of $13.9 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Pinnacle Entertainment shares have dropped 12 percent since the beginning of the...

  • BRUSSELS _ Wabco Holdings Inc. on Thursday reported fourth-quarter earnings of $98.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Wabco expects full-year earnings in the range of $5.30 to $5.80 per share.

  • U.S. TREASURY BACKS SECOND TERM FOR IMF CHIEF LAGARDE -STATEMENT.

  • SAO PAULO, Feb 11- The Mexican peso hit a record low on Thursday as a lingering slump in oil prices and concerns over global growth drove investors away from riskier assets. Worried that lower crude prices and weakness in world No. 2 economy China could have lasting effects on the global economy, investors have been unwinding trades that sought to profit from high...

  • SUNNYVALE, Calif. _ Adesto Technologies Corp. on Thursday reported a loss of $3.3 million in its fourth quarter. For the current quarter ending in April, Adesto Tech said it expects revenue in the range of $11.8 million to $12 million. Adesto Tech shares have fallen 21 percent since the beginning of the year.

  • NEW YORK, Feb 11- A U.S. government weather forecaster on Thursday said the El Nino weather phenomenon under way was likely to dissipate by the Northern Hemisphere's late spring or early summer and possibly transition to La Nina conditions later this year. The National Weather Service's Climate Prediction Center said in its monthly forecast that most models...

  • JAKARTA, Indonesia— Indonesia's government has demanded that instant messaging apps remove stickers featuring same-sex couples, in the latest high-profile attempt to discourage visible homosexuality in the socially conservative country. Information and Communication Ministry spokesman Ismail Cawidu said Thursday that social media and messaging...

  • LOS ANGELES _ VCA Inc. on Thursday reported fourth-quarter earnings of $63.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Five analysts surveyed by Zacks expected $530.3 million.

  • WASHINGTON, Feb 11- Morgan Stanley is poised to pay $3.2 billion to settle federal and state charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, the New York Attorney General's office said on Thursday. The case stems from an investigation by the Residential Mortgage-Backed Securities...

  • HAMILTON, Bermuda _ Textainer Group Holdings Ltd. on Thursday reported fourth-quarter profit of $21.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Textainer shares have dropped 36 percent since the beginning of the year.

  • MIGDAL HAEMEK, Israel _ Camtek Ltd. on Thursday reported a fourth-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Migdal Haemek, Israel- based company said it had a loss of 34 cents. For the current quarter ending in April, Camtek said it expects revenue in the range of $24 million to $25 million.

  • *4th- qtr revenue $18.59 bln vs est $18.51 bln. Feb 11- PepsiCo Inc reported better-than-expected quarterly net revenue on Thursday as higher sales of snacks and non-fizzy beverages such as Gatorade in North America helped reduce the impact of a strong dollar. PepsiCo increased its annual dividend to $3.01 per share from $2.81 and said it would return about $7...

  • TORONTO, Feb 11- Canada's main stock index fell to a three-week low in early trade on Thursday, as investors broadly retreated from global stocks amid fears of financial instability while gold miners gained as bullion hit a one-year high.

  • Bank shares were broadly down Thursday, as the Milan Stock Exchange's benchmark index fell 5 percent, the worst performer in Europe. Market leaders UniCredit and Intesa SanPaolo shed 8.8 percent and 6.7 percent. That comes after the government late Wednesday approved measures agreed with the European Union to bundle bad loans that have worried investors...

  • ELMIRA, N.Y. _ Hardinge Inc. on Thursday reported fourth-quarter profit of $2.8 million. On a per-share basis, the Elmira, New York- based company said it had profit of 21 cents. Hardinge shares have decreased 14 percent since the beginning of the year.

  • LAGOS, Feb 11- Nigeria's stock exchange, Africa's second-largest, is looking to attract investors spooked by a weak currency and oil price by offering more products ahead of a possible listing. "We would like to give exposure to asset classes that we are not necessarily trading," chief executive Oscar Onyema, a former Wall Street executive who returned home like...

  • Feb 11- Wall Street sank at the open on Thursday as doubts regarding the health of the global economy saw investors fleeing to safe haven assets. The Dow Jones industrial average was down 139.16 points, or 0.87 percent, at 15,775.58. The S&P 500 was down 15.76 points, or 0.85 percent, at 1,836.1 and the Nasdaq Composite index was down 63.35 points, or 1.48 percent, at...