Finance news

• BRIEF-Franklin Resources announces month-end Assets Under Management

  10-10-2016 23:59
  
  * Franklin Resources Inc announces month-end assets under
  management
  
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• EMERGING MARKETS-Mexico currency, stocks rally as Trump outlook fades

  10-10-2016 23:49
  
  (Updates peso close, updates table)By Bruno FederowskiSAO PAULO, Oct 10 (Reuters) - Mexico's currency and stocks
  rose on Monday over shrinking expectations that Republican Party
  candidate...
  
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• CBS CEO Moonves to seek autonomy following any deal with Viacom: sources

  10-10-2016 23:42 via news.yahoo.com
  
  CBS Corp Chief Executive Leslie Moonves is planning to seek autonomy from the Redstone family, the broadcaster's controlling shareholder, in leading the company if it merges with Viacom Inc , two people familiar with the matter said. While there is no certainty that CBS and Viacom will agree to a merger, Moonves is seeking to capitalize on his 10-year track record at the helm of CBS to gain as much influence as possible over the combined company, the people said on Monday. The 67-year-old media
  
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• Wall St gains with energy shares; Apple up on Samsung woes

  10-10-2016 22:57 via news.yahoo.com
  
  U.S. stocks rose on Monday as energy shares gained with oil prices and as Apple jumped due to rival Samsung Electronics' worsening smartphone recall crisis. Aiding the advance, polls showed Democrat Hillary Clinton's lead widening in the U.S. presidential race following further turmoil in Republican Donald Trump's campaign over the weekend and a late Sunday debate between the candidates. Clinton is viewed as more positive for stocks partly because her positions are well known, Wall Street strate
  
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• Wall Street gains with energy shares; Apple up on Samsung woes

  10-10-2016 22:56 via news.yahoo.com
  
  Aiding the advance, polls showed Democrat Hillary Clinton's lead widening in the U.S. presidential race following further turmoil in Republican Donald Trump's campaign over the weekend and a late Sunday debate between the candidates. Clinton is viewed as more positive for stocks partly because her positions are well known, Wall Street strategists have said. Apple's stock jumped 1.7 percent to $116.05 and hit a high not seen since December after Samsung Electronics Co Ltd suspended production of
  
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• Wall Street rises with energy shares; Apple up on Samsung woes

  10-10-2016 22:37 via news.yahoo.com
  
  Aiding the advance, polls showed Democrat Hillary Clinton's lead widening in the U.S. presidential race following further turmoil in Republican Donald Trump's campaign over the weekend and a late Sunday debate between the candidates. Clinton is viewed as more positive for stocks partly because her positions are well known, Wall Street strategists have said. Apple's stock jumped 1.7 percent to $116.05 and hit a high not seen since December after Samsung Electronics Co Ltd suspended production of
  
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• Wall St rises with energy shares; Apple up on Samsung woes

  10-10-2016 22:37 via news.yahoo.com
  
  U.S. stocks rose on Monday as energy shares gained with oil prices and as Apple jumped due to rival Samsung Electronics' worsening smartphone recall crisis. Aiding the advance, polls showed Democrat Hillary Clinton's lead widening in the U.S. presidential race following further turmoil in Republican Donald Trump's campaign over the weekend and a late Sunday debate between the candidates. Clinton is viewed as more positive for stocks partly because her positions are well known, Wall Street strate
  
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• UPDATE 8-Samsung halts Note 7 production after new fire scare - source

  10-10-2016 22:07
  
  * U.S. Australia carriers halt sales or exchanges of new
  Note 7s
  
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• US STOCKS SNAPSHOT-Wall St rises on energy, Apple boost

  10-10-2016 22:02
  
  NEW YORK, Oct 10 (Reuters) - U.S. stocks rose on Monday as
  energy shares gained with oil prices and as Apple jumped
  following problems with rival Samsung Electronics Co Ltd's Note
  7 phone.
  
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• DIARY - Today in Washington - Oct 11

  10-10-2016 22:00
  
  0600/1000: The National Federation of Independent Business
  issues Small Business Optimism Index for September.
  
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• UPDATE 1-Lula charged over Odebrecht Angola work in Brazil graft probe

  10-10-2016 21:59
  
  SAO PAULO, Oct 10 (Reuters) - Corruption charges against
  former Brazilian President Luiz Inacio Lula da Silva piled up on
  Monday as prosecutors accused him and Marcelo Odebrecht, ex-CEO
  of...
  
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• Emails show how private and public Clinton statements clash

  10-10-2016 21:59 via news.yahoo.com
  
  WASHINGTON (AP) — Behind closed doors, Hillary Clinton adopted a rather more accommodating tone with Wall Street than she has on the campaign trail.
  
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• Wells Fargo expands operating committee, creates online services group

  10-10-2016 21:54
  
  Oct 10 (Reuters) - Wells Fargo & Co said on Monday
  it was expanding its operating committee and forming a business
  group to streamline its online services.
  
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• Salesforce still mulls bid for Twitter as shareholders resist -sources

  10-10-2016 21:43
  
  Oct 10 (Reuters) - Salesforce.com Inc is still
  deliberating whether it should make an offer for Twitter Inc
  in the face of resistance from Salesforce shareholders
  over the strategic merits and...
  
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• Actress Shailene Woodley arrested at North Dakota pipeline protest

  10-10-2016 21:37
  
  Oct 10 (Reuters) - Actress Shailene Woodley was arrested in
  North Dakota on Monday while protesting a planned pipeline that
  Native Americans say will desecrate sacred land and pollute
  water, an...
  
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• UBS to launch digital wealth management platform in Britain

  10-10-2016 21:34
  
  ZURICH (Reuters) - UBS said on Monday it was launching a new digital platform to provide online advice for wealth management clients in Britain.
  
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• BRIEF-Elbit Imaging Announces that Gamida Cell has received FDA breakthrough therapy designation for Nicord

  10-10-2016 21:26
  
  * Elbit Imaging ltd. announces that Gamida Cell has received
  FDA breakthrough therapy designation for Nicord
  
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• RPT-COLUMN-For millennials, adulthood now defined by financial freedom

  10-10-2016 21:23
  
  NEW YORK, Oct 10 (Reuters) - For millennials, feeling like
  an adult may no longer be about starting a family and buying a
  house, but rather landing a job and not asking mom and dad for
  allowance...
  
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• For millennials, adulthood now defined by financial freedom

  10-10-2016 21:20
  
  NEW YORK (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters)
  
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• U.S. stocks gain on widening Clinton lead, oil surges

  10-10-2016 20:45 via news.yahoo.com
  
  By Herbert Lash NEW YORK (Reuters) - U.S. stocks strode higher on Monday, lifted by Hillary Clinton's widening lead in the U.S. presidential campaign and by a surge in oil prices, while sterling was under pressure on concerns Britain will make a hard exit from the European Union. Brent crude prices rose to their highest in a year after Russia said it was ready to join a proposed deal to cap oil production in the hope of stemming a two-year price slide, Russian President Vladimir Putin said in Is
  
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• U.S. federal agencies ask for another pipeline construction pause

  10-10-2016 20:25
  
  WASHINGTON, Oct 10 (Reuters) - The U.S. Army and Departments
  of Interior and Justice on Monday asked the company building the
  Dakota Access pipeline to voluntarily halt construction within
  20 miles...
  
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• COLUMN-For millennials, adulthood now defined by financial freedom

  10-10-2016 20:25
  
  NEW YORK, Oct 10 (Reuters) - For millennials, feeling like
  an adult may no longer be about starting a family and buying a
  house, but rather landing a job and not asking mom and dad for
  allowance...
  
  Read more

• BRIEF-Fitch says Mylan's Epipen settlement removes major risk

  10-10-2016 20:24
  
  * Mylan will have sufficient liquidity to make settlement
  payment without derailing expected de-leveraging subsequent to
  mostly debt-funded acquisition of MedaSource text for Eikon:Further...
  
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• UPDATE 2-TV audience falls sharply for second Trump-Clinton debate

  10-10-2016 20:14
  
  Oct 10 (Reuters) - The second debate between White House
  contenders Donald Trump and Hillary Clinton drew a television
  audience of about 59 million Americans on Sunday, well below
  their first,...
  
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• GE interested in Nigeria railway concession worth around $2 billion

  10-10-2016 20:13
  
  LAGOS, Oct 10 (Reuters) - General Electric has a
  "keen interest" in acquiring a Nigeria railway concession worth
  around $2 billion, the U.S. company said on Monday.
  
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• UPDATE 1-Greece gets positive review but euro zone withholds part of new loan payment

  10-10-2016 20:08
  
  * Finance ministers agree on payment of 1.1 bln loan to
  Greece
  
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• RBS Irish unit sells problem loans with $2.8 bln face value

  10-10-2016 20:03
  
  DUBLIN, Oct 10 (Reuters) - The Irish unit of Royal Bank of
  Scotland has sold non-performing loans with a face value
  of 2.5 billion euro ($2.8 billion) to private equity firm
  Cerberus, the bank said...
  
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• BRIEF-International speedway corporation Q3 2016 financial results conference call rescheduled

  10-10-2016 20:02
  
  * International Speedway Corporation third quarter 2016
  financial results conference call rescheduled
  
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• Ford luxury brand Lincoln nearly triples China sales in 3rd qtr

  10-10-2016 19:59
  
  DETROIT, Oct 10 (Reuters) - Ford Motor Co's luxury
  Lincoln brand nearly tripled its China sales in the third
  quarter to 8,546 vehicles, the company said on Monday.
  
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• Lula charged over Odebrecht Angola work in Brazil graft probe

  10-10-2016 19:47
  
  SAO PAULO, Oct 10 (Reuters) - Brazilian prosecutors said on
  Monday they had charged former President Luiz Inacio Lula da
  Silva and Marcelo Odebrecht, ex-CEO of engineering group
  Odebrecht SA, with...
  
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• South Africa's rand firmer as investors venture into risky assets, stocks flat

  10-10-2016 19:28 via news.yahoo.com
  
  The rand was the second strongest emerging market currency after the Mexican peso, which surged as investors trimmed the chances of Trump winning. Trump's campaign rhetoric has triggered uncertainty about what his administration would mean for U.S. foreign policy, trade, the economy and even governance at the Federal Reserve.
  
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• EU green-lights new bailout loans for debt-stricken Greece

  10-10-2016 19:27 via news.yahoo.com
  
  Finance ministers from the nations using the euro single currency gave their green light Monday for new loans to Greece to help bolster its debt-stricken economy. At talks in Luxembourg, the ministers ...
  
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• EU's Vestager says not investigating Google's European tax deals

  10-10-2016 19:11
  
  BRUSSELS, Oct 10 (Reuters) - EU regulators who are
  investigating whether Alphabet unit Google is abusing
  its market power have has not extended their scrutiny to its tax
  deals with national...
  
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• BRIEF-United Security Bancshares Inc announces name change

  10-10-2016 19:05
  
  * United Security Bancshares Inc says it will change its
  corporate name to First US Bancshares, Inc., effectiveOctober
  11, 2016
  
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• RPT-Dubai says starts building world's tallest tower

  10-10-2016 19:03
  
  DUBAI, Oct 10 (Reuters) - Dubai said on Monday it had
  started building what would be the world's tallest tower,
  another record for the city that is already home to the highest
  skyscraper - the Burj...
  
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• Facebook rolls out business software, launches pricing war

  10-10-2016 19:00
  
  SAN FRANCISCO, Oct 10 (Reuters) - Facebook Inclaunched a workplace version of its mobile app and website on
  Monday, marking the social networking company's first foray into
  the hotly competitive...
  
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• BRIEF-Best Buy Co says it stopped selling all Samsung Note 7 phones

  10-10-2016 19:00
  
  * Customers can return or exchange their Note 7 for a
  different phone of their choiceSource text for Eikon:Further company coverage:
  
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• Buffett hits back at Trump over tax comments

  10-10-2016 18:52
  
  Oct 10 (Reuters) - Billionaire investor Warren Buffett
  denied on Monday an allegation by Republican presidential
  candidate Donald Trump that he, like Trump, had taken "a massive
  deduction" that...
  
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• Portugal cab drivers block Lisbon airport in anti-Uber protest

  10-10-2016 18:50
  
  LISBON, Oct 10 (Reuters) - Thousands of Portuguese cab
  drivers blocked access to Lisbon international airport on Monday
  to protest government plans to regulate alternative ride-hailing
  services like...
  
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• BRIEF-Warren Buffett says he's being audited and has no problem releasing tax info during audit - CNBC

  10-10-2016 18:45
  
  * Warren Buffett says he's being audited and has no problem
  releasing tax info during audit - CNBC
  
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• CORRECTED-Danish exports to Britain near 16-year lows in post-Brexit months

  10-10-2016 18:44
  
  COPENHAGEN, Oct 10 (Reuters) - Danish exports to Britain
  fell in August for the second straight month, official data
  showed on Monday, after Britons' June vote to leave the European
  Union sent the...
  
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• Merchant ships off Yemen brace for more danger after attacks on navy craft

  10-10-2016 18:28
  
  LONDON, Oct 10 (Reuters) - Missile attacks from Yemen on
  Western military craft risk spilling over into nearby busy sea
  lanes which could disruptoil supplies and also other vital
  goods passing...
  
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• European stocks rise helped by oil stocks; Deutsche Bank rebounds

  10-10-2016 18:10
  
  LONDON/MILAN, Oct 10 (Reuters) - European shares rose on
  Monday, reversing earlier weakness as oil stocks rallied on the
  back of stronger crude prices.
  
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• TEXT-Eurogroup statement on Greece

  10-10-2016 17:59
  
  BRUSSELS, Oct 10 (Reuters) - Euro zone finance ministers
  issued the following statement on Monday on the disbursement of
  loans to Greece:
  
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• Oil hits one-year high as Russia ready to join output caps

  10-10-2016 17:56 via news.yahoo.com
  
  By Barani Krishnan NEW YORK (Reuters) - Oil prices jumped about 3 percent on Monday, with Brent hitting one-year highs, after Russia said it was ready to join OPEC in curbing crude output and Algeria's oil minister said he expected similar commitments from other non-OPEC producers. Sentiment was also boosted by a rally in Wall Street shares and news that work was underway for the launch of the first sovereign bond issue of No. 1 crude exporter Saudi Arabia before the eventual listing of the king
  
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• Wall Street rises as oil prices touch one-year high

  10-10-2016 17:43 via news.yahoo.com
  
  Oil prices rose after Russia said it would join a proposed deal to cap production in a bid to stem a two-year price slide. With the bond market closed, it's safe to go ahead and buy stocks," said Aaron Jett, vice president of global equity research at Bel Air Investment Advisors. The S&P 500 was up 13.68 points, or 0.64 percent, at 2,167.42 and the Nasdaq Composite was up 43.77 points, or 0.83 percent, at 5,336.17.
  
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• Philadelphia Energy Solutions laying off nonunion workers - sources

  10-10-2016 17:42
  
  Oct 10 (Reuters) - Philadelphia Energy Solutions Inc
  has begun laying off nonunion workers at its
  Philadelphia refinery after the company fell short of a goal of
  trimming its workforce through...
  
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• Mexico's Carstens says will consider using IMF credit line -paper

  10-10-2016 17:40
  
  MEXICO CITY, Oct 10 (Reuters) - Mexico will consider using
  its $90 billion flexible line of credit with the International
  Monetary Fund in the event of an external shock, the head of the
  country's...
  
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• Banco Popolare, BPM shares gain as market bets on merger approval

  10-10-2016 17:35
  
  MILAN, Oct 10 (Reuters) - Shares in Banco Popolareand Banca Popolare di Milano (BPM) rose sharply in
  late afternoon trading on Monday as investors bet shareholders
  will approve this week a planned...
  
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• Egypt's core inflation increases to 13.94 pct in September

  10-10-2016 17:19
  
  CAIRO, Oct 10 (Reuters) - Egypt's annual core inflation
  increased to 13.94 percent in September from 13.25 percent in
  August, the central bank said on Monday.
  
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