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  • WWE severs ties with wrestling star Hulk Hogan Friday, 24 Jul 2015 | 10:43 AM ET

    STAMFORD, Conn.— World Wrestling Entertainment Inc. has severed ties with Hulk Hogan amid a report that one of the biggest stars in professional wrestling history used racial slurs in a conversation caught on a sex tape. Hogan, perhaps the biggest star in WWE's five-decade history, was the main draw for the first WrestleMania in 1985 and was a fixture for years in...

  • WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four American airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Amtrak traffic between Washington and New York City was shut down for six days as a result.

  • TREASURIES-Prices edge up as U.S. new-home sales fall Friday, 24 Jul 2015 | 10:35 AM ET

    NEW YORK, July 24- U.S. Treasury debt prices drifted higher on Friday in choppy trading, as investors sought safety in government bonds after a softer-than-expected U.S. housing report and amid a persistent downtrend in commodities and weakness on Wall Street. "Overall, a weaker-than-expected release that has marginally supported the Treasury market,...

  • WASHINGTON— Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disrupted rail service. The Transportation Department sent letters on Friday to Delta, American, United,...

  • July 24- Xerox Corp barely managed to eke out a profit in the second quarter after the printer and copier maker took a charge related to a revamp of its business that provides administrative and care-management services to government healthcare programs. Xerox, whose shares were down 0.7 percent in premarket trading, said last week it would record a charge of...

  • NORWALK, Conn.— A strong dollar pressured Xerox's revenue in the second quarter, while charges weighed on earnings. A year earlier it earned $266 million, or 22 cents per share. Wall Street was looking for higher revenue of $4.64 billion.

  • Barnes Group tops 2Q profit forecasts Friday, 24 Jul 2015 | 6:42 AM ET

    BRISTOL, Conn. _ Barnes Group Inc. on Friday reported second-quarter earnings of $34.2 million. Barnes Group expects full-year earnings in the range of $2.45 to $2.55 per share. Barnes Group shares have increased slightly more than 5 percent since the beginning of the year.

  • NEW YORK— Anthem is buying rival Cigna for $48 billion in a deal that would create the nation's largest health insurer by enrollment, covering about 53 million U.S patients. In just three weeks, starting with Aetna's $35 billion bid for Humana Inc. on July 3, the landscape of U.S. health care has been altered in a buyout frenzy that could transform five massive U.S....

  • BOSTON— Lawsuits challenging Massachusetts' decision to award Wynn Resorts a gambling license have come with a hefty price tag. The state Gaming Commission and three cities involved in the legal fight— Boston, Revere and Somerville— have spent more than $1.4 million combined since the first complaints were filed in October, a review by The Associated Press has...

  • House passes bill to prevent mandatory GMO labeling Thursday, 23 Jul 2015 | 2:07 PM ET

    WASHINGTON— Food companies would not have to disclose whether their products include genetically modified ingredients under legislation passed by the House Thursday. So far, Vermont is the only state set to require the labels. Maine and Connecticut have also passed laws requiring the labeling, but those measures don't take effect unless neighboring states...

  • Hubbell tops 2Q profit forecasts Thursday, 23 Jul 2015 | 8:39 AM ET

    SHELTON, Conn. _ Hubbell Inc. on Thursday reported second-quarter profit of $79.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share. Six analysts surveyed by Zacks expected $891.6 million.

  • WASHINGTON— States could no longer require labels on genetically modified foods under legislation the House is considering. So far, Vermont is the only state set to require the labels. "The reality is, biotechnology has time and time again proved safe," the bill's sponsor, Kansas Republican Rep.

  • First Connecticut posts 2Q profit Wednesday, 22 Jul 2015 | 6:54 PM ET

    FARMINGTON, Conn. _ First Connecticut Bancorp Inc. on Wednesday reported second-quarter net income of $3.5 million. The holding company for Farmington Bank posted revenue of $21.2 million in the period. Keywords: First Connecticut Bancorp, Earnings Report.

  • SI Financial posts 2Q profit Wednesday, 22 Jul 2015 | 6:24 PM ET

    WILLIMANTIC, Conn. _ SI Financial Group Inc. on Wednesday reported second-quarter profit of $1 million. SI Financial shares have risen 5 percent since the beginning of the year. Keywords: SI Financial, Earnings Report.

  • New Bedford developer drops out of casino competition Wednesday, 22 Jul 2015 | 5:15 PM ET

    BOSTON— Developers of a planned Foxwoods casino for the New Bedford waterfront abruptly backed out of the competition for Massachusetts' final resort casino license on Wednesday, citing an inability to secure financing for the projected $650 million project. KG Urban Enterprises partner Barry Gosin said in a letter to the Massachusetts Gaming Commission...

  • Cenveo reports 2Q loss Wednesday, 22 Jul 2015 | 5:12 PM ET

    STAMFORD, Conn. _ Cenveo Inc. on Wednesday reported a loss of $2.4 million in its second quarter. The Stamford, Connecticut- based company said it had a loss of 4 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • United Rentals beats 2Q profit forecasts Wednesday, 22 Jul 2015 | 4:33 PM ET

    STAMFORD, Conn. _ United Rentals Inc. on Wednesday reported second-quarter earnings of $86 million. United Rentals expects full-year revenue in the range of $5.8 billion to $5.9 billion. United Rentals shares have decreased 24 percent since the beginning of the year.

  • July 22- Shares of Blue Buffalo Pet Products Inc rose as much as 37 percent in their debut, valuing the maker of Blue Wilderness and other dog and cat foods at $5.38 billion and highlighting growing demand for "healthier" meals for pets. Nestle SA, which makes Purina branded pet food, has questioned those claims in a lawsuit. The offering raised $676.6 million after...

  • Senate GOP adds Dodd-Frank rewrite to $21B funding bill Wednesday, 22 Jul 2015 | 12:24 PM ET

    The measure approved Wednesday by a Senate panel would ease requirements on smaller banks and give lenders greater freedom from mortgage lending rules. The measure cleared the Banking Committee on a party-line vote two months ago and appears unlikely to pass the Senate soon. At the same time, the legislation would require the report to be submitted to...

  • Pet-food maker Blue Buffalo shares soar in debut Wednesday, 22 Jul 2015 | 11:40 AM ET
    Blue Buffalo pet food

    Shares of Blue Buffalo Pet Products rose as much as 36 percent in their debut, valuing the company at $5.34 billion.