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  • OncoMed's shares plummeted after it also said that Germany's Bayer AG had decided to not exercise an option to license two of the U.S. company's other experimental therapies, vantictumab and ipafricept, for "strategic reasons." The stock, which fell as much as 43.6 percent to a record low of $4.94, was the biggest percentage loser on the Nasdaq in afternoon trading.

  • PARIS, April 10- Luxury goods group LVMH posted a surge in first quarter sales on Monday that beat analysts' consensus forecast, although the French company cautioned its business environment remained uncertain. LVMH, whose shares have hit a record high this year, said it had witnessed solid growth across its main markets in Asia, Europe and the United States, but...

  • *Egypt down, but foreign funds net buyers. DUBAI, April 10- Most stock markets closed down on Monday with volumes low as geopolitical risk kept institutional funds away, but Abu Dhabi's energy company TAQA kept rising after the government increased its stake in the company last week. Abu Dhabi's index fell 0.4 percent, with shares of the recently merged lender...

  • SHANGHAI, April 10- China stocks fell on Monday with strong gains in listed companies that would benefit from the country's new economic zone were offset by weakness in other sectors after the securities regulator vowed to punish stingy "iron roosters". The stock regulator has moved to cool speculative fever around plans to build a massive economic zone near...

  • *Forecasts FY18 adj. profit of $7.70- $8/ shr vs. est. *Posts Q4 profit of $1.48/ shr vs. est $1.36/ shr. Shares of the company, which also makes Robert Mondavi wine and Svedka vodka, rose as much as 8.7 percent to a record high of $175.36 in morning trading on Thursday.

  • April 5- Hydrogen fuel cell maker Plug Power Inc said on Wednesday Amazon.com Inc had acquired the right to buy up to 23 percent of the company and that it would supply batteries to power forklifts used by the online retailer in its warehouses. Amazon shares rose as much as 1.9 percent to a record high of $923.72 before ending 0.3 percent higher at $909.28.

  • CHICAGO, April 5- U.S. seeds and agrochemicals company Monsanto Co, which is in the process of being bought by Germany's Bayer AG for $66 billion, reported a better-than-expected quarterly profit on Wednesday, helped by strong demand for its soybean and corn seeds. Monsanto's shares were up 1.6 percent at $115.84 after earlier hitting a 22- month high of $116.37.

  • TAIPEI, April 5- Taiwan stocks rose on Wednesday lifted by the 8 percent surge in shares of Hon Hai Precision, the world's largest contract electronics maker and a. Shares in Hon Hai, which goes by the trade name of Foxconn, were up 8 percent, after posting a surprising 30 percent rise in net profit for the fourth quarter of last year, defying expectations for a decline.

  • TORONTO, April 4- Canada's main stock index advanced on Tuesday to a nearly six-week high as gains in gold and oil prices helped boost the shares of mining and energy companies. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 84.67 points, or 0.54 percent, at 15,669.07. Seven of the index's 10 main groups ended higher.

  • *Sees 1st- qtr average fuel price of $1.68- $1.73/ gallon. April 4- Shares of Delta Air Lines Inc fell on Tuesday after the carrier lowered its forecast for a closely watched revenue metric for the second time in less than a month. Delta shares ended down 2.61 percent at $45.11 on the New York Stock Exchange.

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • *First Abu Dhabi Bank up in heavy trade. DUBAI, April 4- Stock markets in the Middle East rose on Tuesday with Abu Dhabi gaining the most, buoyed by heavy trade in the shares of a newly merged bank while buying from foreign funds boosted Egypt. Shares of recently merged First Abu Dhabi Bank jumped 4.8 percent in very heavy trade, helping lift Abu Dhabi's index 1.8...

  • Visitors gathered at the fence bordering the south lawn of the White House in Washington DC on January 19, 2017

    The Trump administration has issued a warning to U.S. companies, cautioning that it would prosecute those who overlook qualified American workers.