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  • CHICAGO _ Groupon Inc. on Wednesday reported a second-quarter loss of $54.9 million, after reporting a profit in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. Groupon expects full-year revenue in the range of $3 billion to $3.1 billion.

  • MEXICO CITY, July 27- Fund manager Michael Hasenstab expects Mexico's peso to be supported by the country's solid economy and says investors who are using the currency as a proxy bet against risks in other emerging markets could be burned. However, the number of bets against the currency registered on the Chicago exchange fell sharply since Mexico's central...

  • CHICAGO— British billionaire Richard Branson says if kids are going to smoke marijuana, their parents should join them. The Chicago Tribune reports the Virgin Group founder told an audience of entrepreneurs in Chicago on Tuesday that if their kids are "going to have a joint, do it with them." He adds, "Don't let them sneak off and do it on their own.

  • CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was 3.50 cents a bale higher $4.1860 a bushel; Sept. corn was 4.25 cents higher at $3.3660 bushel; Sept. oats was unchanged at $2.0020 a bushel; while August soybeans gained 20.25 cents to $10.1360 a bushel. August live cattle was. 13 cents lower at...

  • NEW YORK— Boeing, absorbing billions in write-downs related to two of its newest commercial jets and a military fuel tanker, reported its first quarterly loss in nearly seven years. Yet revenue for the Chicago aerospace giant rose 1 percent to $24.8 billion, and company shares rose steadily before the opening bell Wednesday. Charges totaling $3 billion before...

  • CHICAGO— Boeing Co. on Wednesday reported a second-quarter loss of $234 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 88 cents per share. Three analysts surveyed by Zacks expected $24.45 billion.

  • *Chicago wheat little changed after falling over 3 pct on Tuesday. HAMBURG, July 27- Chicago wheat fell on Wednesday, as dealers weighed up the impact of falling European Euronext futures against a crop tour forecasting lower U.S. harvest yields. The Chicago Board Of Trade's most-active September wheat contract fell 0.1 percent to $4.14-1/ 2 a bushel at 1057 GMT.

  • *Chicago wheat edges higher after Tuesday's over 3 pct fall. SINGAPORE, July 27- Chicago wheat rose on Wednesday as the market recovered from a more than three percent fall in the previous session, supported by a widely watched crop tour that found lower U.S. spring wheat yield prospects. The Chicago Board Of Trade's most-active wheat contract rose 0.4 percent to...

  • SYDNEY, July 27- U.S. wheat edged higher on Wednesday, rebounding from losses of more than 3 percent in the previous session, drawing support a widely watched U.S. crop tour that pegged yields below five-year average levels. *The most active wheat futures Chicago Board Of Trade rose 0.1 percent to $4.15-1/ 2 a bushel, having closed down 3.3 percent on Tuesday.

  • CHICAGO _ John Bean Technologies Corp. on Tuesday reported second-quarter net income of $18.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • CHICAGO _ Huron Consulting Group Inc. on Tuesday reported second-quarter net income of $15.2 million. Huron Consulting expects full-year earnings in the range of $3.35 to $3.50 per share, with revenue in the range of $755 million to $775 million. Huron Consulting shares have risen 8.5 percent since the beginning of the year.

  • Excluding one-time items, Edwards said second-quarter earnings rose to 76 cents a share from 57 cents in the year-ago period. The Irvine, California- based company raised its full-year forecast, excluding items, by 11 cents, to a range of $2.78 to $2.88 a share. It now expects sales to be at the high end of the range of its previous forecast of $2.7 billion to $3 billion.

  • CHICAGO _ TransUnion on Tuesday reported second-quarter net income of $17.3 million, after reporting a loss in the same period a year earlier. For the current quarter ending in October, TransUnion expects its per-share earnings to range from 34 cents to 35 cents. TransUnion expects full-year earnings in the range of $1.37 to $1.39 per share, with revenue...

  • The forecast and weak quarterly sales at domestic McDonald's restaurants sent shares in the world's biggest restaurant company down 4.5 percent to $121.71 and pulled down most of the restaurant sector. The Dow Jones U.S. Restaurants& Bars Index was off 2.2 percent. The world's biggest fast-food chain gets roughly one-third of its revenue and 40 percent of...

  • Edwards earned 76 cents a share, excluding one-time items, in the second quarter. Analysts on average had expected 70 cents a share, according to Thomson Reuters I/B/E/S. The Irvine, California- based medical device maker raised its full-year forecast, excluding items, by 11 cents, to a range of $2.78 to $2.88 a share.

  • CHICAGO _ Equity Residential on Tuesday reported a key measure of profitability in its second quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations of 77 cents per share. For the current quarter ending in October, Equity Residential expects its per-share funds from operations to range from 75 cents...

  • WASHINGTON, July 26- A record 64 percent of U.S. private sector workers are now entitled to sick leave, marking a steady rise in the past decade, the Labor Department said on Tuesday. The Labor Department said in a blog post that the percentage of workers with at least one day of sick leave had risen 3 points in the past year, and is up 7 percentage points since 2006..

  • They seem to be setting themselves up for at least being able to meet or beat expectations in the future by addressing it now, "said Jim Corridore, analyst at S&P Global Market Intelligence. Caterpillar said global uncertainty persists, and the recent vote in Britain to leave the European Union and the attempted coup in Turkey have heightened risks, especially in...

  • NEW YORK, July 26- U.S. crude prices fell on Tuesday, hitting three-month lows, as worries over a gasoline glut outweighed expectations of U.S. crude stock declines, while Brent erased early losses to settle higher due to its better fundamentals versus U.S. crude. "The Brent-WTI spread play has picked up to Brent's advantage, given the depressing inventory...

  • DETROIT— Fiat Chrysler has revised more than five years of U.S. sales figures and says a much-touted streak of 75 months of gains should have ended in 2013.. The move comes as the Justice Department and Securities and Exchange Commission investigate whether the company inflated sales by pressing dealers to buy more vehicles. Neither Justice nor the SEC would...