Stocks Bounce Back After Market Selloff; Asia Stumbles

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Global stocks staged a partial recovery as investors bought up recently hit banking shares in Europe, while Asian markets continued to fall.

Chip Designer ARM Holdings' Shares Fall

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Chip designer ARM Holdings has fanned concerns about how fast and how profitable its growth will be given less vibrant demand for smartphones, sending its shares lower despite sturdy fourth-quarter earnings.

SoftBank Operating Profit Rises 7%

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Japanese telecom and Internet company SoftBank said it saw signs of a turnaround at troubled U.S. mobile carrier Sprint.

New Warnings on Lithium Batteries in Air Cargo

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U.S. air-safety regulators, accident investigators and pilot-union leaders issued separate warnings about the hazards of shipping lithium batteries as air cargo, boosting momentum for further international action.

This Chinese City's Property Market Is Out of Control

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Shenzhen housing prices are up nearly 50% from a year ago. Speculation and unaffordability mean such gains are likely unsustainable.

How a Sanofi Diabetes Bet Went Wrong

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French drugmaker Sanofi thought it had a gold mine in its licensing pact with MannKind for the rights to sell the insulin inhaler Afrezza, but safety concerns and reimbursement issues doomed the effort.

AP Moller-Maersk Earnings Hit by Perfect Storm

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Shares in AP Moller-Maersk dropped more than 5% after the Danish conglomerate swung to a hefty fourth-quarter net loss as tumbling freight rates and sluggish trade growth hit its key shipping business, while its oil unit took a $2.5 billion charge.

Japan Shares Fall on Uncertainty About Fed Rate Plan

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Stocks in Japan stumbled as investors fretted about the future course of the Fed’s rate policy and the health of global banks, while Australia fell into a bear market.

Nissan Net Profit Jumps 25% in Third Quarter

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Japan’s second-biggest auto maker said quarterly net profit grew 25% after strong sales in the U.S. and Europe offset a slowdown in emerging markets.

Qihoo 360-Led Consortium Makes $1.2 Billion Offer for Opera

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A consortium of Chinese investors including security software firm Qihoo 360 Technology has agreed to pay $1.2 billion to buy Norwegian browser maker Opera Software.

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