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Op-ed: Obama’s oil tax plan won't work

Obama's oil tax plan doesn't add up. Even the president seems confused about what he wants, says energy adviser Steven Kopits.
Source: | By: Steven Kopits
Citing huge patient load, NY nurses seek rules on staffing

ALBANY, N.Y.— When the emergency room fills up— whether it's a big accident, flu season or a stroke of misfortune— Brooklyn nurse Rose Green says she can find herself sprinting from room to room, trying to keep ahead of the whims of calamity. California already has such a law, and the proposal has been debated in New York for years. Hospitals and nursing homes estimate the...
Source: The Associated Press
"Star Wars" and other movie toys give Hasbro a boost

PAWTUCKET, R.I.— Hollywood gets the top billing in Hasbro's star performance over the critical holiday season. Hasbro's total revenue rose more than 3 percent from the year before, accelerating the revenue gains that the company booked last year. The final quarter of the year, the most important for retailers, was a big one for Hasbro and its rival, Mattel Inc., which...
Source: The Associated Press
Toymaker Hasbro's quarterly revenue rises 12.8 pct

Feb 8- Hasbro Inc's quarterly revenue jumped 12.8 percent, helped by strong holiday demand for toys based on "Star Wars: The Force Awakens" and " Jurassic World" movies, which were released last year. The net income attributable to Hasbro rose to $175.8 million, or $1.39 per share, in the fourth quarter ended Dec. 27 from $169.9 million, or $1.34 per share, a year earlier.
Source: Reuters
UPDATE 1-Cognizant forecast misses estimates as clients cut IT spending

Cognizant forecast adjusted profit between 78- 80 cents per share and revenue of $3.18 billion- $3.24 billion for the three months ending March. The company's net income rose to $423.4 million, or 69 cents per share, from $362.9 million, or 59 cents per share, a year earlier. Analysts on average had expected a profit of 78 cents per share and revenue of $3.24 billion,...
Source: Reuters
Cognizant revenue rises 17.9 pct

Feb 8- IT services provider Cognizant Technology Solutions Corp reported a 17.9 percent rise in quarterly revenue, boosted by higher-spending healthcare and financial sector clients in North America. The company's net income rose to $423.4 million, or 69 cents per share, in the fourth quarter ended Dec. 31, from $362.9 million, or 59 cents per share, a year earlier.
Source: Reuters
Thomson Reuters spot FX volumes rebound in January to $123 bln

Total foreign exchange trading volume across TR platforms, including forwards, swaps, options and non-deliverable forwards rose 12 percent on the month to $377 billion from $337 billion, but fell 5 percent on the year from $398 billion. The latest numbers from the Bank of England and New York Federal Reserve last month painted a similar picture.
Source: Reuters | By: Jamie McGeever
European shares steady in early trading, miners advance

LONDON, Feb 8- European shares steadied in early trading on Monday after steep losses in the previous week, with some encouraging company updates and stronger mining stocks underpinning the market. Casino shares rose 5 percent after the French retailer said it had agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion...
Source: Reuters
JGBs slip after BOJ skips bond buying operation

TOKYO, Feb 8- Japanese government bond prices slipped on Monday after the Bank of Japan skipped its bond buying operation, forcing traders who were counting on the BOJ's bids to sell their position into the market. The 10- year JGB yield rose 1.5 basis points to 0.040 percent. The price of 10- year JGB futures dipped 0.09 point to 151.31, their first daily decline...
Source: Reuters
Wall of worry weighs on markets, particularly in Europe

TOKYO— Asian stock markets crept higher Monday in thin holiday trading, with gains kept in check as investors fretted about a global economic slowdown after data showed U.S. employers added fewer jobs last month. KEEPING SCORE: Japan's benchmark Nikkei 225 rose 1.1 percent to 17,004.30 while Australia's S&P/ASX 200 was flat at 4,975.40. Markets were closed in...
Source: The Associated Press | By: By YURI KAGEYAMA, AP Business Writer