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Wires

  • 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.

  • OMAHA, Neb.— Warren Buffett says he's investing heavily in Apple, believing that once consumers begin using the company's products they aren't likely to stop. The billionaire investor said on CNBC Monday that Berkshire Hathaway now holds about 133 million shares of Apple after buying yet more of the company's stock this year. Buffett appeared on CNBC after...

  • EL DORADO, Ark. _ Deltic Timber Corp. on Monday reported fourth-quarter net income of $3.1 million, after reporting a loss in the same period a year earlier. On a per-share basis, the El Dorado, Arkansas- based company said it had net income of 26 cents. Keywords: Deltic Timber, Earnings Report.

  • WINCHESTER, Va. _ American Woodmark Corp. on Monday reported fiscal third-quarter profit of $14.6 million. American Woodmark shares have climbed roughly 8 percent since the beginning of the year. Keywords: American Woodmark, Earnings Report.

  • DURHAM, N.C. _ BioCryst Pharmaceuticals Inc. on Monday reported a loss of $4.5 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share. Five analysts surveyed by Zacks expected $4.7 million.

  • NEW YORK _ Global Net Lease Inc. on Monday reported a key measure of profitability in its fourth quarter. The New York- based real estate investment trust said it had funds from operations of $36.2 million, or 21 cents per share, in the period. The real estate investment trust, based in New York, posted revenue of $52.8 million in the period.

  • ARLINGTON, Va. _ The AES Corp. on Monday reported a loss of $949 million in its fourth quarter. On a per-share basis, the Arlington, Virginia- based company said it had a loss of $1.44. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

  • AZOOR, Israel _ Ituran Location& Control Ltd. on Monday reported fourth-quarter earnings of $9.3 million. On a per-share basis, the Azoor, Israel- based company said it had net income of 44 cents. For the year, the company reported profit of $32.1 million, or $1.53 per share.

  • SHANGRAO, China _ JinkoSolar Holding Co. on Monday reported fourth-quarter net income of $144.5 million. The Shangrao, China- based company said it had net income of $4.48 per share. JinkoSolar shares have increased 13 percent since the beginning of the year.

  • Feb 27- La Jolla Pharmaceutical Co said its lead experimental drug to treat low blood pressure met the main goal of a late-stage study on patients with distributive shock who have not adequately responded to existing treatments. About 500,000 patients in the United States go into distributive shock each year, and close to 200,000 do not derive enough benefit...

  • LONDON, Feb 27- From a non-descript office in south London, Mark Hiley may be showing the way for Wall Street giants such as JPMorgan and Merrill Lynch to adapt to new European rules requiring them to charge an explicit fee for investment research. They rely entirely on what they charge for research, as will be required under the European Union's MiFID II directive...

  • PORTLAND, Ore. _ Northwest Natural Gas Co. on Monday reported fourth-quarter net income of $28.3 million. Northwest Natural Gas expects full-year earnings to be $2.05 to $2.25 per share. Northwest Natural Gas shares have climbed almost 3 percent since the beginning of the year.

  • *Gold faces resistance at $1,260, near the 200- day moving average. at 1059 GMT, having touched its highest since Nov. 11 at $1,260.10 in the previous session. Trump is due to address Congress on Tuesday.

  • BEIJING, Feb 27- China's foreign exchange regulator said on Monday that it will strengthen supervision of the forex market in 2017, while improving policy transparency and promoting the further opening of financial markets. Pan Gongsheng, head of the State Administration of Foreign Exchange, said that China's foreign exchange market was relatively stable...

  • JERUSALEM, Feb 27- Israel's Space Communications has begun operating a new communications satellite, Amos-7, it said on Monday, a major milestone after it lost two satellites in the past two years. Amos-7 will replace the aging Amos-2 and provide service to clients in Europe, Africa and the Middle East. Israel's Eurocom Holdings owns 64 percent of Spacecom, whose...

  • LONDON, Feb 27- Emerging market stocks fell on Monday although currencies mostly strengthened against a lackluster dollar as investors awaited policy direction from the White House on a range of issues. MSCI's emerging market index fell 0.3 percent after tumbling nearly 1 percent on Friday, with bourses across much of Asia, South Africa, Russia and Greece...