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Updated: 25 min 59 sec ago
Three Londoners have been charged with insider dealing in Logica shares in May and June 2012, the U.K. Financial Conduct Authority said Wednesday.
Oil major BP said it will gradually sell throughout 2015 more than $1.25 billion of oil it had stored earlier this year to seize on a futures market structure to boost profit.
Canadian drugmaker Valeant Pharmaceuticals International Inc reported a quarterly profit, compared with a year-ago loss, driven by higher demand in the United States.
Hardwood flooring retailer Lumber Liquidators Holdings Inc reported a 2 percent fall in net sales so far in April and said its chief financial officer would leave the company in June.
U.S. crude oil prices dipped Wednesday on oversupply after news that Saudi Arabia King Salman changed the kingdom's line of royal succession in a dramatic reshuffle, replacing his half-brother as crown prince with his nephew.
Time Warner posted a nearly 5% increase in quarterly revenue, helped mostly by higher subscription fees from its Turner Broadcasting and Home Box Office networks.
U.S. equity futures fell sharply into negative territory Wednesday morning after data showed weak consumer spending helped cool first-quarter economic growth, and as traders continued to look ahead to the FOMC statement at 2 p.m. ET.
World stock markets were uneven Wednesday as investors waited for a U.S. growth report that is expected to provide the latest sign of slowing momentum in the world's biggest economy and a Fed policy statement.
The dollar moved lower against most other major currencies on Wednesday, with investors cautious of moving into the greenback ahead of the interest-rate statement from the U.S. Federal Reserve.