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Wires

  • *Sterling tops $1.40 for first time since Brexit vote. *Wall Street to start steady after recent highs. Wall Street futures were pointing to a steady start but records in Asia and 0.3-0.5 percent gains on Europe's biggest bourses after upbeat data from German and Britain, ensured the new year bull run rumbled on.

  • Jan 23- Johnson& Johnson reported a quarterly loss due to a $13.6 billion charge related to the new U.S. tax law, but beat adjusted quarterly profit estimate on strong demand for new cancer drugs and gains from its Actelion acquisition. The net loss was $10.71 billion, or $3.99 per share, for the latest quarter, compared with a profit of $3.81 billion, or $1.38 per share,...

  • *France will be "vigilant" on staff cut plans- Le Maire. *Voluntary redundancy offered to 2,400 employees in France. PARIS, Jan 23- Carrefour is to cut jobs, boost ecommerce investment and seek a partnership in China with Tencent in the face of competition from Amazon, sending its shares higher on Tuesday.

  • AUBURN, Ala. _ Auburn National Bancorporation Inc. on Tuesday reported fourth-quarter profit of $1.8 million. The Auburn, Alabama-based bank said it had earnings of 50 cents per share. For the year, the company reported profit of $7.8 million, or $2.15 per share.

  • MONTREAL, Jan 23- Canada will sign on to a revised 11- member Asia-Pacific trade pact, a government source confirmed on Tuesday, saying " Canada has secured real gains" in talks to agree a deal.

  • HATO REY, Puerto Rico _ Popular Inc. on Tuesday reported a loss of $102.2 million in its fourth quarter. The bank, based in Hato Rey, Puerto Rico, said it had a loss of $1.01 per share. The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $531.5 million in the period.

  • NEW YORK, Jan 23- Verizon Communications Inc on Tuesday reported quarterly revenue that exceeded analyst estimates as phone subscribers grew while tax cuts helped its profits soar, boosting its shares in premarket trading. Verizon estimated that the impact of that law to earnings per share for the year ended Dec. 31 was about $4.10. Net income attributable to...

  • WASHINGTON— President Donald Trump is signing a measure Tuesday imposing tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufacturers. The administration says the decision is part of Trump's pledge to put American companies and jobs first. The administration is imposing an immediate tariff of 30 percent on most...

  • SAN FRANCISCO _ Prologis Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of 66 cents per share. Five analysts surveyed by Zacks expected $534.3 million.

  • BRUSSELS, Jan 23- Facebook will make it easier for its more than 2 billion users to manage their own data in response to a tough new European Union law that comes into force in May, the social network's Chief Operating Officer Sheryl Sandberg said. "We're rolling out a new privacy centre globally that will put the core privacy settings for Facebook in one place and...

  • Jan 23- JPMorgan Chase& Co unveiled a $20 billion investment plan on Tuesday to increase wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. tax law and improved regulatory environment. As part of the five year plan, the largest U.S. bank by assets will increase wages for 22,000 employees by an average of 10...

  • QUINTON, Okla.— The search is resuming for five people who are unaccounted for after a fiery explosion at an Oklahoma gas drilling rig. The blast happened Monday morning at a drilling site near Quinton, about 100 miles southeast of Tulsa. The explosion sent plumes of black smoke into the air and left a derrick crumpled on the ground.

  • *HNA Group has acknowledged liquidity problems. DUBLIN, Jan 23- The head of the aviation leasing arm of China Development Bank said on Tuesday that HNA Group has solid airline operations and it would serve nobody's interest to see the group collapse. Last week, China's aviation-to-financial services conglomerate HNA Group acknowledged liquidity problems...

  • LONDON, Jan 23- Drugmakers' response to the threat posed by "superbugs" remains patchy even after years of warnings, according to the first analysis of individual companies' efforts to tackle the antibiotic resistance crisis. New analysis by the non-profit Access to Medicine Foundation, published on Tuesday, found that GlaxoSmithKline and Johnson& Johnson were...

  • LONDON, Jan 23- Drugmakers' response to the threat posed by "superbugs" remains patchy even after years of warnings, according to the first analysis of individual companies' efforts to tackle the antibiotic resistance crisis. New analysis by the non-profit Access to Medicine Foundation, published on Tuesday, found that GlaxoSmithKline and Johnson& Johnson were...

  • MEXICO CITY, Jan 23- Mexico's peso would take a bigger hit if U.S. If Lopez Obrador wins and NAFTA falls apart, the peso would hit 21.5, slightly above the peso's all-time low of 22 against the dollar, reached on Jan. 11, 2017, shortly before U.S. Trump has repeatedly threatened to pull out of NAFTA, which underpins much of the more than $1 trillion in annual trilateral...

  • LONDON, Jan 23- Drugmakers' response to the threat posed by "superbugs" remains patchy even after years of warnings, according to the first analysis of individual companies' efforts to tackle the antibiotic resistance crisis. New analysis by the non-profit Access to Medicine Foundation, published on Tuesday, found that GlaxoSmithKline and Johnson& Johnson were...

  • LONDON, Jan 23- Drugmakers' response to the threat posed by "superbugs" remains patchy even after years of warnings, according to the first analysis of individual companies' efforts to tackle the antibiotic resistance crisis. New analysis by the non-profit Access to Medicine Foundation, published on Tuesday, found that GlaxoSmithKline and Johnson& Johnson were...

  • PITTSBURGH _ Allegheny Technologies Inc. on Tuesday reported fourth-quarter net income of $1.7 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Four analysts surveyed by Zacks expected $904.5 million.

  • COLUMBUS, Ohio _ Huntington Bancshares Inc. on Tuesday reported fourth-quarter profit of $432 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share. Seven analysts surveyed by Zacks expected $1.1 billion.