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Wires

  • NEW YORK, Dec 14- U.S. Traders also booked some profits from Wednesday's bond market rally following a disappointing report on consumer prices in November and the Federal Reserve's assessment that U.S. inflation would remain tame despite policy-makers' view of faster U.S. growth in 2018 and 2019. "We are giving back some of the post-Fed gains," said John Canavan,...

  • KEEPING SCORE: The Standard& Poor's 500 index rose 4 points, or 0.2 percent, to 2,667 as of 10:15 a.m. Eastern Time. The Dow Jones industrial average gained 58 points, or 0.2 percent, to 24,643. The Nasdaq added 14 points, or 0.2 percent, to 6,890. The Russell 2000 index of smaller-company stocks picked up 1 point, or 0.1 percent, to 1,526.. HOLIDAY BOOST: The Commerce...

  • SCHNEIDER ELECTRIC SAYS EVIDENCE SUGGESTS CYBER ATTACK WAS' ISOLATED INCIDENT,' NOT DUE TO VULNERABILITY IN TRICONEX PRODUCT OR CODE.

  • SCHNEIDER ELECTRIC ISSUES GUIDANCE ON STEPS CUSTOMERS CAN TAKE TO AVOID CYBER ATTACKS.

  • LONDON, Dec 14- Euro zone government bond yields rose on Thursday after upbeat U.S. and European data and upward revisions to growth forecasts from the European Central Bank forced bond markets onto the defensive. "Our take from the conference was that the growth forecasts have been revised upwards quite significantly, but the inflation is still very...

  • HAMPTON, N.H.— A program that reduces power plant emissions in the Northeast is being eyed by states looking to take action to reduce greenhouse gas emissions. It also has returned $2.8 billion to those states from the auctioning of permits allowing power plants to emit carbon dioxide. Virginia announced it is taking steps to become the first Southern state to...

  • MOSCOW, Dec 14- Russian central bank has preliminary agreed to merge the three non-state pension funds of Otkritie Bank, spokeswoman for the bank's new head, Mikhail Zadornov, told Reuters.

  • An investigation by Reveal from The Center for Investigative Reporting finds that Goodyear Tire& Rubber Co. has ranked among the top five manufacturers for worker deaths since 2009.. Tires involved in three fatal accidents since 2011 were made in North Carolina and Virginia. Police say a tire from the North Carolina plant caused a crash that killed two people...

  • Insurance might be the least exciting thing about surprising your loved one with a valuable gift this holiday— but don't let it fall off your priority list. "Don't sacrifice preparedness for the surprise," says Lisa Lindsay, executive director at the Private Risk Management Association, an insurance industry group that focuses on high net worth customers.

  • LONDON, Dec 14- Euro zone government bond yields are close to multi-month lows just as the European Central Bank is on the verge of cutting its bond-buying scheme by half, leaving some investors worried that a sharp correction may be due in 2018.. I think it's very difficult to price in that deceleration ahead of time when the weight of central bank money is so...

  • TUNIS, Dec 14- The International Monetary Funds says Tunisia is committed to "decisive action" to reform its economy before the IMF reviews the payment of its next loan tranche. Last year, the Washington- based IMF agreed a four-year loan programme worth about $2.8 billion with Tunisia, but tied to economic reforms. Tunisia has been hit by a sharp fall in tourism...

  • WASHINGTON, Dec 14- U.S. business inventories fell in October amid strong sales growth, suggesting that inventory investment will probably not provide a large boost to economic growth in the fourth quarter. The Commerce Department said on Thursday that business inventories slipped 0.1 percent after being unchanged in September. Inventories are a key...

  • TORONTO, Dec 14- Canada's main stock index inched higher on Thursday, but traded below the all-time high hit in the prior session, with railway stocks and some natural resource names rising while gold miners weighed. *At 9:52 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index rose 7.3 points, or 0.05 percent, to 16,143.89. *The largest percentage gainer...

  • *Disney to buy Fox film, TV businesses for over $52 bln. On Wednesday, Republicans in the Senate and the House reached a deal on final tax legislation that would slash the corporate tax rate to 21 percent. "We have a pretty positive background, investors are focused on the tax deal that they are closed to an agreement between the House and the Senate," said Scott Brown,...

  • U.S. mortgage rates were mixed this week: The rate on 30- year, fixed-rate mortgages fell; the 15- year, fixed-rate was flat; and the five-year adjustable rose.

  • WASHINGTON, Dec 14- The U.S. Federal Communications Commission is expected on Thursday to rescind rules that were aimed at ensuring a free and open internet, as protesters gathered online and in front of FCC headquarters to oppose the change. Online protesters included celebrities like "Star Wars" actor Mark Hamill, while net neutrality supporters rallied in...

  • BERLIN— German automaker Volkswagen says a study into its role during Brazil's 1964-1985 military dictatorship has concluded that some site security officials in Brazil cooperated with the regime but there was no clear evidence the collaboration was "institutionalized." Volkswagen has faced accusations it collaborated with the military government and...

  • NEW YORK— As a Republican-backed tax cut bill makes its way through Congress, some investors are scouring the market for potential winners and losers: companies they think will benefit the most, and those who'll be left out. Mark Hackett, chief of investment research at financial services firm Nationwide, said investors should be careful about buying and...

  • *IEA joins OPEC, EIA, raises forecast for U.S. 2018 output growth. LONDON, Dec 14- Oil prices came under pressure on Thursday after the International Energy Agency increased its forecast for growth in U.S. oil output next year, raising the prospect of excess supply. "The IEA underlined the same take that the U.S. Energy Department had the day before yesterday and OPEC...