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  • CARACAS, June 19- Venezuela's all-powerful Constituent Assembly on Tuesday nominated Calixto Ortega, who has worked as Finance Vice President for Venezuelan-owned refiner Citgo, to run the country's central bank.

  • TOKYO, June 20- Japanese manufacturers' confidence improved for a second straight month in June but the service sector's mood slumped from May's record high level, a Reuters poll found, suggesting some fragility in the outlook after a first-quarter contraction. President Donald Trump's "America First" policy raises fears of protectionism and global trade war,...

  • LOS ANGELES/ NEW YORK, June 19- FedEx Corp reported fourth-quarter profit that beat Wall Street estimates on Tuesday, as revenues and operating margins increased in each of the company's operating units. Shares of the Memphis- based package delivery company extended losses in after-hours trading, following their worst regular session sell-off in two months...

  • June 19- Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women, as it steps up efforts to close the gender investing gap, the Wall Street bank said on Tuesday. The program, Goldman Sachs' second geared toward female entrepreneurs, will also help clients invest directly in private, late-stage companies or provide seed capital...

  • June 20- Australia's biggest telecommunications company Telstra Corp Ltd on Wednesday said it would lay off 8,000 employees, including removing 25 percent of executive and middle management roles, as well as spinning off its infrastructure assets into a standalone unit. Telstra said it would increase its productivity program by a further A $1 billion in...

  • June 19- Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women as it steps up efforts to close the gender investing gap, the Wall Street bank said on Tuesday. The program, Goldman Sachs second geared toward female entrepreneurs, will also help clients invest directly in private, late-stage companies or provide seed capital...

  • Oracle sees first-quarter adjusted earnings per share to be between 68 cents and 70 cents, below analysts' average estimate of 72 cents. "In regard to Q1 guidance, exchange rates have moved from a 3 percent revenue tailwind to now being a 1 percent headwind from the last time I gave guidance," Oracle's head of investor relations Ken Bond said on the conference call.

  • BUENOS AIRES, June 19- Argentine bonds touched their lowest levels of market-friendly President Mauricio Macri's term on Tuesday, adding to weeks of losses during a run on the peso currency, but rebounded in a volatile trading session. Argentina's country risk- a measure of the difference between its bond yields and those issued by other countries- rose as much...

  • NEW YORK, June 19- Chipmaker Mellanox Technologies Ltd struck a settlement with activist investor Starboard Value LP to appoint new board members and name a director if the company fails to meet certain operating goals. Mellanox, based in Israel and the United States, said on Tuesday that three newcomers will join its 11- member board, reaching a negotiated...

  • GE's stock slipped 1.5 percent in extended trade following the announcement, furthering a long decline this year that reflects worries on Wall Street about the company's sprawling operations and disappointing quarterly results. GE's share price significantly underperformed the broader market under the leadership of former Chief Executive Officer...

  • June 19- Verizon Communications Inc will stop selling its customers' phone location data to third parties after an investigation by a U.S. In a letter to Senator Ron Wyden of Oregon dated June 15 and released by Wyden's office on Tuesday, Verizon said it was beginning the process to stop selling customer location data to vendors that aggregate the data.

  • VANCOUVER, British Columbia _ Cardero Resource Corp. on Tuesday reported a loss of $288,000 in its fiscal second quarter. On a per-share basis, the Vancouver, British Columbia- based company said it had a loss of less than 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK— S&P Dow Jones Indices announced Tuesday that General Electric would be replaced in the Dow Jones industrial average by Walgreens Boots Alliance. GE was an original member of the Dow, which made its debut on May 26, 1896. A look at the list of original components:.

  • LOS ANGELES/ NEW YORK, June 19- FedEx Corp reported fourth-quarter profit that beat Wall Street estimates on Tuesday, as revenues and operating margins increased in each of the company's operating units. Shares of the Memphis- based package delivery company rose marginally in after-market trading, after suffering their worst sell-off in two months in regular...

  • June 19- Starbucks Corp on Tuesday said it would close 150 cafes in some saturated U.S. markets and warned comparable sales globally this quarter would miss Wall Street expectations, sending shares down 3 percent after hours. The world's largest coffee chain has faced increasing competition from upscale coffee houses and fast-food chains like McDonald's...

  • LOS ANGELES— General Electric will be dropped from the Dow Jones industrial average next week, ending the industrial conglomerate's more than 100- year run in the 30- company blue chip index. Its slot will go to drugstore chain Walgreens Boots Alliance. Boston- based GE was an original member of the Dow Jones industrials dating back to 1896.

  • NEW YORK, June 19- Chipmaker Mellanox Technologies Ltd struck a settlement with activist investor Starboard Value LP to appoint new board members and name a director if the company fails to meet certain operating goals. Mellanox, based in Israel and the United States, said on Tuesday that three newcomers will join its 11- member board, reaching a negotiated...

  • VENEZUELA'S CONSTITUENT ASSEMBLY CONFIRMS ORTEGA AS NEW CENBANK CHIEF.

  • LAS VEGAS— Thousands of unionized workers at Las Vegas casino-resorts operated by MGM Resorts International are deciding whether to approve a new five-year contract. Francis Garcia has been a housekeeper at the MGM Grand for 11 years. If approved, the agreement would cover workers employed at several properties, including Bellagio, Aria, MGM Grand and...

  • CARACAS, June 19- Venezuela's all-powerful Constituent Assembly on Tuesday nominated Calixto Ortega, who has served on the Supreme Court, to run the country's central bank.