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  • *Pernod to hold board meeting Jan. 23. PARIS, Jan 18- Pernod Ricard, the family-backed French spirits group under pressure from activist investor Elliott, will continue to improve its governance, it pledged on Friday. Elliott, which has become more active in Europe in recent years, said in December it had spent around 930 million euros to build a stake of just over 2.5...

  • LONDON, Jan 18- German government bond yields rose to a one-month high on Friday as hopes grew that Britain would avoid a messy divorce from the European Union and perhaps hold a second referendum, raising the prospect of no Brexit at all. Treasury Secretary Steven Mnuchin discussed lifting tariffs imposed on Chinese imports also helped erode some of the safety...

  • Jan 18- CVS Health Corp and Walmart Inc said on Friday the world's largest retailer would remain part of CVS's network for commercial and Medicaid pharmacy customers, breaking a contract impasse CVS disclosed earlier this week. On Tuesday, CVS said the companies had failed to agree on pricing and that Walmart was leaving the pharmacy network for the...

  • LONDON, Jan 18- A new year but the same old problems for aluminum. That was the stark message from Roy Harvey, president and chief executive of U.S. aluminum producer Alcoa, speaking on the company's Q1 results call. Graphic on China's exports of aluminum "semis":.

  • VF, whose shares rose 6.5 percent to $78 in premarket trading, raised its full-year adjusted earnings forecast to $3.73 per share from a prior expectation of $3.65. The company also raised its full-year revenue forecast by $100 million to $13.8 billion. VF reported a net income of $463.5 million, or $1.16 per share, in the third quarter ended Dec. 29, compared to a...

  • LONDON, Jan 18- The pound weakened on Friday as investors took profits after a stellar rally this week that set the currency up for its biggest weekly gain against the euro in more than a year on growing confidence that a no-deal Brexit can be avoided. "The market is pricing out the risk of hard Brexit and some kind of agreement... so against this background, you'd expect...

  • Jan 18- Apparel maker VF Corp beat Wall Street's estimates for quarterly revenue on Friday, boosted by demand for its high-margin Vans shoes and North Face apparel. The company reported a net income of $463.5 million, or $1.16 per share, in the third quarter ended Dec. 29, compared to a loss of $90.3 million, or 23 cents per share, a year earlier. Net revenue rose to $3.94...

  • LONDON, Jan 18- LME copper and zinc hit one-month highs on Friday as base metals rallied on signs the trade dispute between the United States and top metals consumer China could be easing. The Wall Street Journal reported on Thursday that U.S. *COPPER: Three-month copper on the London Metal Exchange was 1.2 percent higher at $6,062.50 a tonne by 1019 GMT, having hit...

  • Jan 18- Tiffany& Co said on Friday that its worldwide same-store sales fell 2 percent during the holiday season, leading the upscale jeweler to temper its expectation for full-year profit. "Overall holiday sales results came in short of our expectations," Chief Executive Officer Alessandro Bogliolo said. The company said it now expects full-year profit to be...

  • Jan 18- Tesla Inc said it would cut thousands of jobs to rein in costs as it ramps up production of its crucial Model 3 sedan, and the electric car maker expects fourth-quarter profit to be lower than the previous quarter, sending its shares down 7 percent. The company has long struggled with cash burn and Chief Executive Officer Elon Musk has been under intense...

  • Jan 18- Gold slipped to the lowest in more than a week on Friday as hopes of a thaw in the U.S.- China trade dispute perked up stock markets, while palladium held above $1,400 on a supply crunch. Spot gold was down 0.4 percent to $1,285.82 per ounce at 1127 GMT, having hit its lowest since Jan. 9 at $1,283.51. Global stocks rose to their highest in more than a month after a...

  • *Sees March-qtr IT services rev $2.05 bln to $2.09 bln. Net profit rose to 25.10 billion rupees in the three months to Dec. 31 from 19.31 billion rupees in the same period a year earlier, the company said https://www.bseindia.com/xml-data/corpfiling/AttachLive/168c015c-1fe6-4a73-ae8b- e f c e c c 2 f 0 3 f 5. p d f. Wipro said it expects revenue from its IT services...

  • Jan 18- CVS Health Corp and Walmart Inc reached a multi-year agreement, under which Walmart will continue participating in CVS's pharmacy benefit management commercial and Medicaid retail pharmacy networks, the companies said on Friday. Financial terms of the new contract were not disclosed. On Tuesday, CVS said Walmart was leaving its network for...

  • Jan 18- CVS Health Corp:. *CVS HEALTH AND WALMART ANNOUNCE NEW PBM PHARMACY NETWORK AGREEMENT. *CVS HEALTH CORP- WALMART ALSO REMAINS IN CVS CAREMARK MEDICARE PART D NETWORKS.

  • LONDON, Jan 18- The dollar held firm against its rivals on Friday and is poised for its first weekly gain in five weeks as investors trimmed some of their excessive short bets against it after some weak eurozone data this week. "With the market consensus being short dollar at the start of the year, some of the expectations are being unwound especially in light of the...

  • CVS HEALTH SAYS WALMART TO CONTINUE PARTICIPATING IN CVS CAREMARK PHARMACY BENEFIT MANAGEMENT COMMERCIAL& MANAGED MEDICAID RETAIL PHARMACY NETWORKS.

  • LONDON, Jan 18- Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said on Friday. It was not clear yet what that meant for margins, which slumped as the price of crude rose last year, said the Paris- based IEA, which...

  • HELSINKI, Jan 18- The EU Chemicals Agency ECHA on Friday proposed a ban on deliberately adding microplastics to products such as cosmetics, detergents and agricultural fertilisers in the EU by 2020 to combat pollution. The European Commission, which estimates that between 70,000 and 200,000 tonnes of microplastics enter the environment each year, had...

  • *Final results, new strategy to be presented Feb. 21. MILAN, Jan 18- Tensions between Telecom Italia's top two shareholders flared again on Friday after the Italian phone group warned of a decline in 2018 profit and said its domestic business would remain under pressure this year. TIM has been caught since early last year in a battle between top shareholder Vivendi...

  • BUDAPEST/ WARSAW, Jan 18- The Hungarian forint hit a seven-month high against the euro on Friday and gained against the Polish zloty after data pointed to slower growth in Poland. The forint has rallied since Wednesday when Hungarian central bank Deputy Governor Marton Nagy said monetary tightening could start if core inflation reached or exceeded 3 percent,...