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  • MEXICO CITY, Aug 3- Mexican real estate investment trust Fibra Nova raised 1.22 billion Mexican pesos, the Mexican stock exchange said on Thursday, in an initial public offering that raised much less than expected. Fiba Nova certificates debuted on the market at 19.50 pesos, below estimates of a range between 20 and 21.50 pesos. Five investors bought the...

  • SAO PAULO, Aug 3- Brazil grains exporters group Anec on Thursday said it will send an official communication to foreign buyers saying that protests by truck drivers in the country might delay grain loading operations at Brazilian ports. Anec's director Sergio Mendes said protests against high diesel prices have impacted the flow of grains particularly in...

  • MILAN, Aug 3- Italian luxury group Tod's said on Thursday it was ready to make short-term sacrifices in margins and revenues in pursuit of medium-term growth as it turns away from fashion to focus on higher-end products. Chief Financial Officer Emilio Macellari told analysts on Thursday the group did not want to compete with fashion brands but would turn to "a...

  • In a voice vote, the Senate approved the nominations of Republican Chris Giancarlo to serve as CFTC chairman, as well as Republicans Dawn Stump and Brian Quintenz and Democrat Rostin "Russ" Behnam to serve as commissioners.

  • TORONTO, Aug 3- Activist investor Jonathan Litt, who is pushing for retailer Hudson's Bay Co to boost its stock by generating more cash from its real-estate holdings, said he is open to letting the retailer come up with its own strategy to unlock value. Litt, who runs the hedge fund Land and Buildings Investment Management LLC that disclosed a 4.3 percent stake in...

  • LITT SAYS HE WANTS HUDSON'S BAY TO PROVIDE CONCRETE STEPS, TIMEFRAME FOR GENERATING MORE CASH FROM REAL-ESTATE ASSETS.

  • ACTIVIST INVESTOR JONATHAN LITT SAYS HE IS OPEN TO HUDSON'S BAY CO COMING UP WITH OWN PLAN TO MONETIZE REAL-ESTATE ASSETS.

  • *Tesla jumps on solid quarterly results. Aug 3- The S&P 500 and the Nasdaq fell on Thursday, weighed down by Amazon.com, Apple and other top-shelf technology stocks, while the Dow Jones Industrial rose marginally and was on track for a record high close. Silicon Valley electric carmaker Tesla jumped 6.50 percent reporting quarterly results above Wall Street's...

  • Aug 3- Dish Network Corp's shares declined on Thursday after the satellite television provider's quarterly results missed analysts' estimates, and its chief executive declined to give specifics on merger discussions, saying that the company was focused on building its new wireless network. Dish has been buying up wireless airwaves, or spectrum, in recent...

  • NEW YORK/ LONDON, Aug 3- Gold steadied on Thursday, hovering below Tuesday's seven-week high, as investors awaited U.S. jobs data for further clues on the outlook for interest rates. ounce by 2:02 p.m. EDT, not far from Tuesday's seven-week high of $1,273.97. In early Asian trade, it fell $6.20 within one minute to the session low of $1,258.20 but quickly recovered.

  • WASHINGTON, Aug 3- The Environmental Protection Agency will reject a proposal to overhaul the U.S. biofuels program to shift blending responsibility away from refining companies, two sources familiar with the matter told Reuters on Thursday. Independent refiners had petitioned the EPA repeatedly during the administration of former President Barack...

  • As of 12:47 p.m. CDT, Chicago Board of Trade November soybeans were down 21 cents at $9.56-1/ 2 per bushel after dipping to $9.55-1/ 2, the contract's lowest since June 30. CBOT December corn was down 1 cent at $3.78 a bushel, after posting a one-month low at $3.75, and September wheat was down 3 cents at $4.57-3/ 4 a bushel. CBOT corn futures were lower but underpinned by...

  • *FTSE rallies, sterling falls after BoE holds rates. NEW YORK, Aug 3- A gauge of world stock declined as Wall Street dipped on Thursday, although European shares rallied, while sterling hit a nine-month low against the euro after the Bank of England's policymakers kept interest rates unchanged. Britain's FTSE index, up 0.85 percent, led the charge in overseas...

  • WASHINGTON, Aug 3- The Federal Reserve said on Thursday that it was seeking public comment on a proposal that would reduce the role bank boards play in the day-to-day regulatory obligations of their institutions. The U.S. central bank is proposing a series of changes in how it monitors banks, with an eye towards ensuring senior management at banks handles the...

  • Aug 4- Toyota Motor Corp would take a roughly 5 percent stake in Mazda Motor Corp to establish a U.S. auto plant and develop key electric vehicle technologies, the Nikkei reported. The deal could be announced as soon as Friday, the newspaper said. The Japanese automakers would discuss building a plant together in southern United States through a joint venture,...

  • SAN FRANCISCO, Aug 3- Tesla Inc jumped 6 percent on Thursday as its quarterly report fueled bets that its new Model 3 sedan will propel the luxury electric carmaker into the mainstream. RBC Capital Markets raised its target price by $31 to $345, pushing it well ahead of the median price target of $322, according to Thomson Reuters data. "While we don't have meaningful...

  • Bats said in May it planned to offer brokers a type of order that would give them the same closing prices derived from the closing auctions on Nasdaq and the NYSE for stocks listed on those exchanges, but with lower execution fees. NYSE and Nasdaq have said the Bats proposal would risk undermining exchanges' closing auctions by siphoning orders away from the...

  • *High supply from OPEC producers keeps lid on prices. NEW YORK, Aug 3- Oil prices fell on Thursday, turning negative as cautious buying dried up after U.S. crude rose to near $50 a barrel, with concern about high crude supplies from producer club OPEC offseting the previous day's data showing record U.S. gasoline demand. OPEC crude oil exports rose to a record high in...

  • Aug 3- The U.S. Senate on Thursday passed a bill allowing the Food and Drug Administration to continue collecting fees from drug companies to review new product applications. The Senate passed the bill by a vote of 94-1.. Separately, the Senate passed a so-called right-to-try bill designed to allow terminally ill patients access to unapproved medications and...

  • WASHINGTON, Aug 3- The Federal Reserve said on Thursday that it was seeking public comment on a proposal that would reduce the role bank boards play in the day-to-day regulatory obligations of their institutions.