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Wires

  • ATLANTA _ Invesco Mortgage Capital Inc. on Tuesday reported fourth-quarter net income of $140.5 million. The Atlanta- based company said it had net income of $1.18 per share. Invesco Mortgage Capital shares have dropped roughly 10 percent since the beginning of the year.

  • TORONTO, Feb 20- Ontario's Liberals, the ruling party in Canada's most populous province, introduced legislation on Tuesday that would give officials authority to retaliate against U.S. states that institute "Buy American" procurement policies. The Fairness in Procurement Act would give Ontario's government authority "to take responsive action to address...

  • MANILA/ SHANGHAI, Feb 21- China's steel producers are eager to unleash their mills' capacity when this winter's output curbs end next month, hoping for a repeat of last year's record profits based on high margins and less competition as outdated plants were closed. China shut down up to half of its steel production this winter in 28 cities in the country's...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 21- Feb United States Sale of 2- year floating rate notes 21- Feb United States Sale of 5- year notes 21- Feb Sweden Auction of government bonds 22- Feb United States Sale of 7- year notes 22- Feb Japan 3- month discount bill auction 22- Feb Japan Auction of 20- year government...

  • THURSDAY, FEBRUARY 22 WARSAW- National Bank of Poland releases the minutes of its monitory policy meeting. BUDAPEST- Hungarian Central Bank rate-setting meeting- 1300 GMT. **SAO PAULO- Federal Reserve Bank of New York President William Dudley speaks on trade and globalization before an event organized by the Central Bank of Brazil- 1600 GMT.

  • FRANKFURT, Feb 21- Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns. The study, published on Wednesday by 25 technical and public policy researchers from...

  • WASHINGTON- Federal Open Market Committee will release the minutes from its January policy meeting- 1900 GMT. FRANKFURT- ECB Governing Council meeting. **FRANKFURT- Speech by ECB board member Yves Mersch at the European Banking Federation's executive committee meeting in Frankfurt am Main, Germany 0930 GMT.

  • NEW YORK _ LivePerson Inc. on Tuesday reported a loss of $3.7 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. For the current quarter ending in April, LivePerson said it expects revenue in the range of $56.8 million to $57.8 million.

  • DALLAS _ EnLink Midstream LLC on Tuesday reported fourth-quarter net income of $202.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Dallas- based company said it had profit of $1.11. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

  • NEW YORK— Toy makers have gone to the toilet for their latest creations. Mattel, a company best known for its clean-cut Barbie dolls, is set to release a game called Flushin' Frenzy that sends a brown plastic poop flying into the air. "Yeah, poop is a theme," says Juli Lennett, the toy analyst at market research company The NPD Group.

  • AUSTIN, Texas _ American Campus Communities Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Austin, Texas, said it had funds from operations of $99.6 million, or 72 cents per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from...

  • TOKYO, Feb 21- Japan's top currency diplomat has issued a fresh warning to markets against pushing up the yen too much, the Nikkei newspaper reported on Wednesday.

  • HOUSTON, Feb 20- Oil and gas producer Devon Energy Corp on Tuesday reported quarterly results that fell short of analyst profit estimates on weaker-than-expected production. The Oklahoma City- based company reported profit of $183 million, or 35 cents a share, in the quarter ended Dec. 31, compared with $207 million, or 41 cents a share, a year earlier.

  • VICTORIA, British Columbia, Feb 20- British Columbia moved on Tuesday to crack down on real estate speculators, expanding its foreign buyer tax and introducing a new speculation tax, as part of a wide-ranging strategy to cool housing prices in Canada's most expensive real estate market. Foreign buyers, mainly from China, have been blamed for Vancouver's red-hot...

  • THE HAGUE, Netherlands _ Chicago Bridge& Iron Co. on Tuesday reported a loss of $1.07 billion in its fourth quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Four analysts surveyed by Zacks expected $1.77 billion.

  • MILL VALLEY, Calif. _ Four Corners Property Trust Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Mill Valley, California, said it had funds from operations of $20.8 million, or 34 cents per share, in the period. The company said it had net income of $18.4 million, or 30 cents per share.

  • GLENDALE, Calif. _ Public Storage on Tuesday reported a key measure of profitability in its fourth quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of $2.72 per share. Six analysts surveyed by Zacks expected $680.5 million.

  • BRASILIA, Feb 20- President Michel Temer's decision to throw in the towel on reforming Brazil's loss-making pension system leaves the unpopular measure as a campaign issue for October's elections and a major headache for his successor. Brazil's generous pension system is at the heart of budget deficit that ballooned from 3 percent of GDP in 2013 to a massive...

  • HOUSTON, Feb 20- An oil and gas worker on a Talos Energy platform in the U.S. Gulf of Mexico was killed on Saturday while replacing piping, the Bureau of Safety and Environmental Enforcement said on Tuesday. The Houston- based company said it has initiated an investigation and was working with regulators in its review of the accident, which occurred about 64 miles...

  • FORT LAUDERDALE, Fla. _ Universal Insurance Holdings Inc. on Tuesday reported fourth-quarter net income of $36.4 million. On a per-share basis, the Fort Lauderdale, Florida- based company said it had net income of $1.03. For the year, the company reported profit of $106.9 million, or $2.99 per share.