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    Shares of Facebook  are up 0.82% to $80.21 in afternoon trading Thursday, following a positive note by analysts at Piper Jaffray earlier today. The firm issued a note saying the social media giant's Oculus division could be used to watch NBA and NHL games using virtual reality technology.

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    Shares of Gold Fields (GFI) are up 4.76% to $4.62 in afternoon trading today as gold prices rise. Gold for April delivery was up 0.63% to $1209.10 an ounce at 2:32 p.m. on the COMEX in New York. Gold pared early gains, but remained higher after the Federal Reserve indicated this week that it was in no rush to raise interest rates, Reuters reports. Exclusive Report: Jim Cramer's Best Stocks for 2015.

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    North Dakota's largest oil producer, Whiting Petroleum Corp (WLL), struck a confident tone for 2015 on Thursday, saying it will hydraulically fracture all wells it drills even as peers scale back, but its bold tactic prompted a sharp drop in its share price. Executives said they were sure that the company can still make a profit with oil prices around $50 per barrel.

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    Chubb Corp. (CB) said on Thursday that it raised its quarterly dividend to 57 cents a share, which represents a 14% increase over the previous dividend of 50 cents a share. The insurer's new dividend will be paid out on April 1 to shareholders of record as of March 13. "The dividend increase we announced today reflects Chubb's (CB) strong financial performance," said Chief Executive John Finnegan. The stock was up 0.7% in midday trade.

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    Cheaters, listen up: It's now legal to have an affair in South Korea. South Korea's highest court scrapped the controversial anti-adultery law -- and sent the shares of the country's biggest condom maker surging. Stock of South Korean latex products manufacturer Unidus Corp. climbed 15%, the daily maximum on Korea's Exchange, after the court announced its decision on Thursday.

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    Shares of Swift Energy  surged 8.8% to $3.09 in afternoon trading Thursday after the independent oil and gas company reported fourth-quarter earnings that beat analysts' expectations. The Houston-based company reported a loss of $298.2 million, or $6.80 a share, in the fourth quarter. Revenue totaled $110.5 million, which beat the consensus estimate of $103.4 million.

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     Shares of LKQ Corp.  plunged 12.9% to $24.26 in early afternoon trading Thursday after the auto parts company reported fourth-quarter earnings that missed analysts' expectations. The Chicago-based company reported profit of $80.5 million, or 26 cents a share, which missed the consensus estimate of 32 cents a share from analysts at Zacks Investment Research.

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    - A New York state appeals court has revived two claims accusing JC Penney Co Inc of interfering improperly with a merchandising contract between Macy's Inc and Martha Stewart Living Omnimedia Inc. In a decision on Thursday, the appeals court said a lower court judge erred last June in dismissing Macy's claims that J C Penney breached the confidentiality provisions of its contract with Martha S...

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    Shares of Whiting Petroleum Corp. (WLL) are slumping by 5.79% to $34.64 in late morning trading on Thursday, after the independent oil and gas company issued its 2014 fourth quarter earnings results which showed the company's net loss per share widened year-over-year and its adjusted earnings fell short of analysts' expectations.

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    Shares of WPX Energy  declined sharply, down 7.08% to $11.10 in morning trading Thursday, as oil prices fell following the release of U.S. inventory data on Wednesday. The U.S. Energy Information Administration reported data Wednesday that showed oil inventories rose 8.4 million barrels to 434.1 million barrels last week.

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    Workers at General Motors Co's Brazilian car factory ended a six-day strike on Thursday after the company agreed to drop plans to lay off 800 employees, the union said. In a compromise deal, GM agreed to furlough 650 workers for five months as of March 9, with a guarantee they will get their jobs back, the local metalworkers' union said in a statement.