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  • NEW YORK-- Forest Laboratories Inc. said Tuesday it took a loss in the fiscal third quarter on greater payments to partners and a continued decline in its sales. Forest said it lost $153.6 million, or 58 cents per share, over the three months ended Dec. 31. A year earlier the company reported a profit of $278.4 million, or $1.04 per share.

  • AUDUBON, Pa.-- Spinal implant manufacturer Globus Medical expects its fourth-quarter and full-year revenue results to beat Wall Street's expectations. Globus Medical Inc., which went public in August, expects a 14.3 percent rise in fourth-quarter revenue to $100.5 million. Globus Medical rose 52 cents, or 4.2 percent, to $12.84 in afternoon trading.

  • COLUMBIA, Md.-- Corporate Office Properties Trust on Tuesday boosted its fourth-quarter outlook to a level above current Wall Street predictions.

  • *Lennar well positioned to gain market share in 2013- CEO. Jan 15- Lennar Corp, the No. 3 U.S. homebuilder, reported a sharp rise in quarterly profit and a seventh straight jump in new home orders, in further evidence that a housing recovery is well on track.

  • MOSCOW, Jan 15- NefteTransService, one of Russia's biggest private freight rail operators, hopes to raise around $500 million via a London listing, sources said, that it will then use to expand into Ukraine and Kazakhstan as the markets open up to competition.

  • Lennar

    Lennar's quarterly profit handily beat Wall Street expectations and the homebuilder reported a seventh straight jump in new home orders.

  • *Fitch says Spain rating not secure, even if no bailout. MADRID, Jan 15- Spain saw its short-term borrowing costs sink on Tuesday in an auction that drew strong demand, tapping an upturn in investor sentiment to make early inroads into its debt issuance programme for the second year running.

  • Jan 15- Lennar Corp's quarterly profit handily beat analysts' expectations and the homebuilder reported a seventh straight jump in new home orders, indicating that a U.S. housing recovery is well on track. Net income rose to $124.3 million, or 56 cents per share, in the fourth quarter, from $30.3 million, or 16 cents per share, a year earlier.

  • Jan 15- Homebuilder Lennar Corp reported a higher quarterly profit and a seventh straight rise in new home orders. Net income rose to $124.3 million, or 56 cents per share, in the fourth quarter, from $30.3 million, or 16 cents per share, a year earlier. Orders rose 32 percent to 3,983 homes.

  • Battersea power station and nearby residential flats.

    One of the most recognizable buildings in London has seen substantial interest from buyers, as its latest developers try to create an 8 billion pounds ($12.9 billion) “new town center” south of the Thames.

  • LOS ANGELES-- American Express Co. is expected to report a 46 percent drop in earnings for the fourth quarter, reflecting more than $590 million in after-tax charges, most as a result of a restructuring plan aimed at making its business more online-friendly.

  • WASHINGTON, Jan 14- Joblessness is a global crisis, the head of the World Bank's private sector lender, the International Finance Corp, said on Monday, as the group examines ways its investments in developing countries can help generate more jobs.

  • FOOTHILL RANCH, Calif.-- Kaiser Aluminum Corp. on Monday said that it is increasing its quarterly dividend by 20 percent. The aluminum products company will pay a dividend of 30 cents per share, up from 25 cents, on Feb. 15 to shareholders of record as of Jan. 25. Kaiser Aluminum said the move reflects its confidence in its financial strength and future performance.

  • Lululemon Athletica Inc. raised its fiscal fourth-quarter earnings guidance on Monday, after a strong holiday shopping season. Lululemon expects to earn 74 cents per share for the quarter that ends Feb. 3. Analysts polled by FactSet forecast earnings of 74 cents per share on revenue of $489 million.

  • Governments have been the dominant source of venture capital funding in Canada recently, and a government statement on Monday said the consultations found that reasonable government incentives would be needed "to attract institutional investors who have left the asset class in Canada over the past decade".

  • JPMorgan's board is meeting today, sources say, to discuss the findings of that investigation into the Whale losses, reports CNBC's Kayla Tausche.

  • NEW YORK-- MFC Industrial is increasing its 2013 dividend by 9 percent to 24 cents per share. U.S. shares of MFC Industrial Ltd. fell 12 cents to $9.97 in afternoon trading after rising earlier as high as $10.24, its highest level since October 2008. MFC Industrial, based in Vancouver, British Columbia, finds and delivers raw materials to clients around the world.

  • *Goldman veteran has ability to work across bank-insiders. Jan 14- In 2004, Harvey Schwartz, who was then head of the financing business at Goldman Sachs Group Inc's investment bank, came up with a new way for the bank to make money from a seemingly mundane activity: helping companies buy back their shares.

  • The Pittsburgh- based company earned $227 million, or $1.46 per share, up from $216 million, or $1.39 per share, in the same quarter last year. For the full year 2012, PPG earned $941 million, or $6.06 per share, down from $1.1 billion, or $6.87 per share, in 2011. Revenue rose to $15.2 billion from $14.89 billion.

  • JP Morgan sign

    JPMorgan Chase may release on Wednesday additional results of internal probes into its $6.2 billion "London Whale" trading loss that could lead to a lower bonus for CEO Jamie Dimon, according to published reports.