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PRECIOUS-Gold jumps 2.6 pct on US interest rate outlook

Reuters - ‎1 hour ago‎
... * U.S. 10-year yields hit lowest in nearly three years. * European shares and dollar dip (Updates throughout, changes dateline from SINGAPORE).

Twitter Inc. Q4 2015 Earnings: Active User Growth Actually Dropped, Revenue Expectations Simply Met

International Business Times - ‎41 minutes ago‎
Twitter has simply stopped growing. That was the bombshell dropped, for the first time, in a filing with the Securities and Exchange Commission along with earnings on Wednesday, a revelation that casts a darker pall over the future of the short ...

Oil falls on US supply record, weak demand outlook

Reuters - ‎4 hours ago‎
LONDON Oil slid on Thursday, dented by record U.S. crude inventories at the Cushing delivery point, worries about the demand outlook, and as Goldman Sachs said prices would remain low and volatile until the second half of the year.

Jobless Claims in U.S. Decline to Lowest Level in Seven Weeks

Bloomberg - ‎31 minutes ago‎
Filings for unemployment benefits in the U.S. declined to a seven-week low as hiring managers demonstrated confidence in the outlook after temporary adjustments around the holidays.

Rooftop Solar Providers Face a Cloudier Future

New York Times - ‎13 hours ago‎
Just two years ago, SolarCity and other rooftop solar providers were Wall Street darlings, and prospects for growth were flying high, as enthusiasm for solar power was seemingly boundless.

Dollar, stocks plunge sparks scramble for safety

Reuters - ‎1 hour ago‎
LONDON The dollar hit a 16-month low against the yen on Thursday and headed for its worst week since the Lehman crisis as investors scrambled for relative safety, buying up gold and top-rated bonds and dumping stocks.

Reynolds American profit surges on Newport brand

MarketWatch - ‎29 minutes ago‎
Reynolds American Inc. on Thursday reported better-than-expected revenue growth in its latest quarter, driven by last year's acquisition of the Newport cigarette brand, but offered a 2016 earnings forecast that fell mostly below Wall Street expectations.

Southwest 'intends' to fly from Long Beach

USA TODAY - ‎10 hours ago‎
Southwest Airlines appears to have won access to California's capacity controlled Long Beach Airport near Los Angeles. The carrier on Wednesday announced its “interest and application” to add service from the airport, which would give Southwest its ...

There are a lot of empty homes in Flint, Michigan

WJXT Jacksonville - ‎7 hours ago‎
Nationwide, the average vacancy rate is 1.6 percent, according a report from RealtyTrac. But in Flint, the rate is nearly five times higher at 7.5 percent.

UPDATE 1-Bunge expects challenging year; earnings miss estimates

Reuters - ‎58 minutes ago‎
(Adds company comments, background). By Tom Polansek. CHICAGO Feb 11 Bunge Ltd expects a challenging year in 2016, Chief Executive Officer Soren Schroder said on Thursday, as the global grain trader reported a lower-than-expected quarterly profit.

Gold surge has no end in sight as market panic pushes prices above $1200 - ‎1 hour ago‎
Fears that the world is on the brink of another financial crisis pushed gold prices above $1,200 on Thursday as nervous investors snapped up the precious metal.

Shakeup at Burger King: hot dogs join burgers on the menu

WHIO - ‎27 minutes ago‎
This Tuesday, Feb. 9, 2016, photo, shows a Burger King “classic” hot dog at a media event to introduce the restaurant's new menu item, in New York.

UPDATE 1-Nokia posts strong network result, warns over China slowdown

Reuters - ‎7 hours ago‎
(Adds analyst comments; Alcatel results; merger details). By Jussi Rosendahl. HELSINKI Feb 11 Finland's Nokia reported better-than-expected profits for its mainstay telecom network equipment business but warned that rollouts for new mobile networks ...

Incyte posts profit, but scraps cancer drug trial

MarketWatch - ‎17 minutes ago‎
Incyte Corp. swung to a fourth-quarter profit as sales of the company's blood-cancer drug nearly doubled, but the company scrapped late-stage trials that would expand its use to treating solid tumors.

Google Defends U.K. Tax Deal as Lawmakers Go on the Attack

Bloomberg - ‎1 hour ago‎
Google Inc. defended its settlement with British tax officials as lawmakers used a televised hearing to attack the company and question the 130 million-pound ($188 million) deal.

Shire posts better-than-expected 13 percent rise in fourth-quarter earnings

Reuters - ‎1 hour ago‎
LONDON Shire (SHP.L), the London-listed drugmaker buying Baxalta (BXLT.N) International for $32 billion, reported a better-than-expected 13 percent rise in fourth-quarter earnings on Thursday, helped by strong sales of its ADHD treatment Vyvanse.

UPDATE 3-Rio Tinto ditches boom time payout policy as profit plunges

Reuters - ‎2 hours ago‎
... * 2015 underlying earnings down 51 pct to $4.54 bln. * Promises 2016 dividend will be at least half of 2015. * Aims to cut $2 bln in costs over two years (Adds more CEO, CFO comments, analysts, updates shares).

Europe Bank Selloff Deepens as Traders Locked in `No Man's Land'

Bloomberg - ‎15 minutes ago‎
It's been a bad seven weeks for European banks -- worse even than during the 2008 financial crisis, by one measure. Societe Generale SA was the latest on Thursday to report earnings that missed estimates, tumbling 12 percent and dragging the whole ...

Thomson Reuters beats EPS forecast, sees 2016 revenue growth

Reuters - ‎26 minutes ago‎
Thomson Reuters Corp (TRI.N) (TRI.TO) reported higher-than-expected quarterly profit on Thursday, benefiting from lower costs and tax savings, and said it expects its revenue to grow by low single digits in 2016.

PepsiCo Forecasts 2% Profit Gain as Dollar Weighs on Sales

Bloomberg - ‎1 hour ago‎
PepsiCo Inc. said profit this year will rise about 2 percent as the strong dollar weighs on revenue abroad, nearly offsetting gains in its North American businesses.

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