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Wires

  • LONDON, Jan 24- Bond yields in the euro zone crept higher on Wednesday, as investors struck a cautious tone the day before a European Central Bank meeting. But a strong euro, which rose above $1.23 to its highest level since December 2014, could encourage the ECB to play down talk of an imminent change in its policy stance. ECB bond buys have not led to "statistically...

  • DAVOS, Switzerland Jan 24- The appointment of a new leader of South Africa's ruling party has removed political uncertainty that contributed to the depreciation of the rand currency and has been welcomed by investors, the country's central bank governor said on Wednesday. The new leader of the ruling African National Congress, Cyril Ramaphosa, narrowly won...

  • INDICATORS IN SOUTH AFRICA SHOW ECONOMY DEMONSTRATING A RESURGENCE- CENBANK GOVERNOR.

  • SOUTH AFRICA CENBANK GOVERNOR SAYS DEPRECIATION OF SOUTH AFRICA'S RAND IN 2017 WAS OVERDONE DUE TO POLITICAL UNCERTAINTY.

  • SOUTH AFRICA'S EXCHANGE RATE WAS SENSITIVE TO POLITICAL UNCERTAINTY BUT THAT UNCERTAINTY HAS GONE- CENBANK GOVERNOR.

  • SOUTH AFRICA CENBANK GOVERNOR SAYS INVESTORS VERY POSITIVE ABOUT LEADERSHIP CHANGE IN SOUTH AFRICA'S RULING ANC PARTY.

  • MILWAUKEE _ Rockwell Automation Inc. on Wednesday reported a fiscal first-quarter loss of $236.4 million, after reporting a profit in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share. Rockwell Automation expects full-year earnings in the range of $7.60 to $7.90 per...

  • Jan 24- General Electric Co reported a 5- percent fall in revenue and a $10 billion loss for the fourth quarter on Wednesday, driven by an already announced $11- billion charge for insurance losses and taxes. GE said cash from industrial operating activities totaled $7.8 billion in the quarter, above expectations of about $7 billion, and GE said its ability to...

  • Rockwell, which in November rejected a sweetened takeover bid from bigger rival Emerson Electric Co, reported a loss of $236.4 million for the first quarter ended Dec. 31, compared with a profit of $214.7 million a year earlier. On a per-share basis, the company reported a loss of $1.84 per share, compared with a profit of $1.65 per share. Revenue rose to $1.59 billion...

  • BRIDGEVILLE, Pa. _ Universal Stainless& Alloy Products Inc. on Wednesday reported fourth-quarter net income of $7.9 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Bridgeville, Pennsylvania- based company said it had net income of $1.06. For the year, the company reported net income of $7.6 million, or $1.03 per share,...

  • ATLANTA _ RPC Inc. on Wednesday reported fourth-quarter net income of $57.7 million, after reporting a loss in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Eight analysts surveyed by Zacks expected $522.6 million.

  • DAVOS, Switzerland, Jan 24- China will roll out fresh market-opening measures this year that could exceed "international expectations", a top Communist Party official said in Davos on Wednesday. China will ease restrictions for foreign companies in its financial, manufacturing and services sectors, while stepping up efforts in protecting intellectual...

  • PHILADELPHIA— Comcast Corp. on Wednesday reported fourth-quarter earnings of $14.99 billion. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Fifteen analysts surveyed by Zacks expected $21.8 billion.

  • CLEARWATER, Fla. _ MarineMax Inc. on Wednesday reported fiscal first-quarter profit of $4.2 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share. MarineMax expects full-year earnings in the range of $1.30 to $1.40 per share.

  • ATLANTA _ Marine Products Corp. on Wednesday reported fourth-quarter net income of $3.4 million. The Atlanta- based company said it had net income of 10 cents per share. Marine Products shares have climbed almost 10 percent since the beginning of the year.

  • NEW YORK, Jan 24- Comcast Corp's adjusted quarterly profit topped Wall Street estimates on Wednesday, helped by more high-speed internet customers and higher theme park revenue. Excluding impacts from a $12.7 billion one-time benefit following the U.S. tax overhaul signed into law in December, earnings per share were 49 cents, beating analyst estimates of 47...

  • EXCLUSIVE- BRAZIL CENTRAL BANK LOOKS TO REIN IN FEES ON DEBIT CARDS- SOURCES.

  • DUBLIN, Jan 24- The head of aircraft leasing company Avolon said on Wednesday it is well protected from uncertainty surrounding its ultimate parent HNA Group of China. Ratings analysts have said Avolon would benefit from tougher guarantees that it would not be forced to bail out HNA, which controls Avolon via its 52- percent subsidiary Bohai Capital.

  • *Say more America First steps to come. World leaders, including Indian Prime Minister Narendra Modi, Canadas Justin Trudeau and Brazilian President Michel Temer, raised concerns this week at the gathering in the Swiss ski resort of Davos about growing protectionism, in remarks that delegates said seemed aimed at Trumps policies. Under his America First agenda,...

  • FARMINGTON, Conn. _ United Technologies Corp. on Wednesday reported fourth-quarter net income of $397 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share. United Technologies expects full-year earnings in the range of $6.85 to $7.10 per share, with revenue in the range of $62.5 billion to...