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UPDATE 2-Argentina seeks to lift debt injunctions after settlement offer

NEW YORK, Feb 11- A U.S. judge on Thursday ordered creditors suing Argentina over defaulted bonds to establish why orders that restricted it from servicing its restructured debts should not be vacated after the country's $6.5 billion offer to settle the dispute. District Judge Thomas Griesa in Manhattan gave bondholders until mid-February to show why the...
Source: Reuters | By: Nate Raymond
UPDATE 1-Argentina seeks debt injunction's lifting after settlement offer

NEW YORK, Feb 11- A U.S. judge on Thursday ordered creditors suing Argentina over defaulted bonds to establish why an order that restricted it from servicing its restructured debts should not be vacated after the country's $6.5 billion offer to settle the dispute. District Judge Thomas Griesa in Manhattan gave bondholders until mid-February to show cause why...
Source: Reuters | By: Nate Raymond
UPDATE 1-Lockheed to offer T-50A in race for U.S. Air Force contract

Feb 11- Lockheed Martin Corp on Thursday said it would offer a modified version of its T-50 training jet developed jointly with Korea Aerospace Industries Ltd, instead of a newly designed plane, in the upcoming U.S. Air Force competition to build 350 new training planes. The U.S. Air Force aims to launch the competition in 2017 to replace its ageing fleet of T-38...
Source: Reuters | By: Radhika Rukmangadhan and Andrea Shalal
Wynn beats 4Q profit forecasts

LAS VEGAS _ Wynn Resorts Ltd. on Thursday reported fourth-quarter profit of $87.2 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Six analysts surveyed by Zacks expected $960.1 million.
Source: The Associated Press
CyberArk tops Street 4Q forecasts

PETACH-TIKVA, Israel _ CyberArk Software Ltd. on Thursday reported fourth-quarter earnings of $9.9 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Seven analysts surveyed by Zacks expected $44.1 million.
Source: The Associated Press
Multi Packaging Solutions posts 2Q loss

NEW YORK _ Multi Packaging Solutions International Ltd. on Thursday reported a loss of $7.9 million in its fiscal second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Multi Packaging Solutions shares have decreased 16 percent since the beginning of the year.
Source: The Associated Press
Bill Ackman urges Bloomberg to run for president

The billionaire CEO of Pershing Square Capital penned a strong endorsement for Bloomberg in a Financial Times op-ed.
Source: CNBC.com | By: Akane Otani
Garmin buys Maine-based GPS products company DeLorme

YARMOUTH, Maine— Swiss-based Garmin Ltd., known for its GPS technologies, is buying Maine- based DeLorme, which produces maps and hand-held satellite communications. DeLorme will become a Garmin subsidiary based in Yarmouth and will retain most of its 92 workers under the deal, which is expected to close in 30 to 60 days. "DeLorme is a respected brand with exciting...
Source: The Associated Press
CNBC update: Deadly Mexican prison riot  

A riot in Mexico's Topo Chico prison kills 52 people, droughts last year grew in the hottest year on record, Royal Caribbean inspects storm-battered cruise ship, and Fenway Park hosts an Olympic sized ski ramp. CNBC's Sue Herera reports.
Source: CNBC.com
Europe tanks on global growth fears

European stocks ended sharply lower on Thursday, as bank and commodity stocks sold off and investors remained jittery over the global economy's health.
Source: CNBC.com | By: Alexandra Gibbs