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Wall St. earnings estimates may not foretell currency impact

Wall street analysts may be inadequately accounting for the dollar’s sharp rise in the first quarter, setting up a scenario in which some multinationals may miss already low consensus estimates - and their shares sell off as a result.


Oil deepens loss on Iran talks; Brent ends March down 12 percent

Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12 percent for the month, as world powers entered into intense negotiations with Iran for a nuclear deal that could bring more of its oil to an oversupplied market.

Wall St. retreats but S&P, Nasdaq post quarterly gains

U.S. stocks ended down on Tuesday in a retreat from the previous session's sharp rally as energy shares declined and the dollar edged up, but the S&P 500 and Nasdaq registered their ninth straight quarterly rise.

Germanwings disaster will not affect image of budget air travel: easyJet

The disaster at budget airline Germanwings which killed 150 people will not harm the image of low-cost air travel in Europe, easyJet (EZJ.L) chief executive Carolyn McCall said on Tuesday.


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Cable television operator Charter Communications Inc said it would buy privately held Bright House Networks in a cash-and-stock deal valued at $10.4 billion to expand in Florida.
U.S. stock fell on Tuesday in a modest retreat from the previous session's sharp rally, though major indexes remained on track for a positive first quarter and the S&P 500 was set for its ninth straight quarterly rise.
Takahide Kiuchi often appears a lone voice of dissent on the Bank of Japan board as his proposals to change key elements of its massive monetary stimulus are consistently voted down, but two years into the policy he is looking increasingly prescient.
Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on Tehran's nuclear program that could end Western sanctions and allow the OPEC member to ship more crude into an already flooded market.
Israel's Teva Pharmaceutical Industries said it would buy U.S. neurology drug company Auspex Pharmaceuticals Inc for an equity value of $3.5 billion to boost its portfolio of treatments for the central nervous system.
American International Group Inc (AIG.N) Chairman Robert "Steve" Miller intends to step down in July after five years in the role, the Wall Street Journal reported.
Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd (HLF.N) of running a pyramid scheme, said on Monday that shutting down the company is "one of the most important things" he can do.
U.S. stocks climbed more than 1 percent on Monday, rebounding from a sharp decline last week, helped by deal activity in healthcare and a bounce in energy shares.
For over 15 years, Raoul Meno has been fishing the waters off the coastal town of Kribi in southern Cameroon. He has sometimes had to face down storms and high seas to bring home a catch to support his family. But now, he is scared.
Japan's industrial output fell in February at the fastest pace in eight months due to declines in production of machinery, cars and electronics in a worrying sign that domestic demand could be faltering.