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  • WASHINGTON— The food industry is pressuring Congress to act before the state of Vermont requires food labels for genetically modified ingredients. At issue is how food companies will deal with Vermont's law. The food industry wants Congress to pre-empt Vermont's law and bar mandatory labeling of genetically modified foods before it goes into effect.

  • NEW YORK, Feb 4- As a deepening panic has swept across world energy markets in recent months, exchange operators have reaped benefits as trading volumes soared. The bumper volumes will likely be a hot topic of discussion when Atlanta- based ICE reports quarterly earnings on Thursday and its Chicago rival releases its numbers on Friday. The exit and entry has...

  • TRC posts 2Q profit Wednesday, 3 Feb 2016 | 4:29 PM ET

    WINDSOR, Conn. _ TRC Cos. on Wednesday reported fiscal second-quarter net income of $3.9 million. On a per-share basis, the Windsor, Connecticut- based company said it had profit of 13 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK, Feb 3- Connecticut Governor Dannel Malloy delivered a downbeat address on Wednesday, outlining plans to slash government spending and admitting to "a visceral feeling" that there was no going back to the prosperity of pre-recession years. Connecticut has consistently lagged the national economic recovery and has been hit by job losses in its key...

  • NEW YORK, Feb 3- Connecticut Governor Dannel Malloy delivered a downbeat address on Wednesday, outlining plans to slash government spending and admitting to "a visceral feeling" that there was no going back to the prosperity of pre-recession years. Connecticut has consistently lagged the national economic recovery and has been hit by job losses in its key...

  • RBC Bearings beats 3Q profit forecasts Wednesday, 3 Feb 2016 | 8:13 AM ET

    OXFORD, Conn. _ RBC Bearings Inc. on Wednesday reported fiscal third-quarter net income of $17 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. RBC Bearings shares have fallen 14 percent since the beginning of the year.

  • IMS Health tops Street 4Q forecasts Wednesday, 3 Feb 2016 | 7:51 AM ET

    DANBURY, Conn. _ IMS Health Holdings Inc. on Wednesday reported fourth-quarter net income of $29 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. IMS Health shares have decreased almost 10 percent since the beginning of the year.

  • Alexion tops 4Q profit forecasts Wednesday, 3 Feb 2016 | 6:53 AM ET

    CHESHIRE, Conn. _ Alexion Pharmaceuticals Inc. on Wednesday reported fourth-quarter net income of $66.6 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share. Eight analysts surveyed by Zacks expected $705.6 million.

  • Dannel P. Malloy issued a somber warning to state lawmakers on Wednesday, cautioning that Connecticut's budget is not sustainable and that changes must be made to how the state crafts its budget to meet a "new economic reality" of shrinking revenues. "Together, this year we need to reshape the way Connecticut budgets," Malloy told a joint session of the General...

  • Silgan tops 4Q profit forecasts Tuesday, 2 Feb 2016 | 5:29 PM ET

    STAMFORD, Conn. _ Silgan Holdings Inc. on Tuesday reported fourth-quarter net income of $26.5 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. For the current quarter ending in April, Silgan expects its per-share earnings to range from 35 cents to 45 cents.

  • Shares of Exxon fell 2.2 percent to $74.59 after the oil major reported its smallest quarterly profit in more than a decade, forecast a 25- percent drop in capital spending from 2015 levels and suspended share repurchases. It's a good indication that one more large oil company is not seeing an improvement in the environment, "said Michael O'Rourke, chief market...

  • W.R. Berkley beats 4Q profit forecasts Tuesday, 2 Feb 2016 | 4:49 PM ET

    GREENWICH, Conn. _ W.R. Berkley Corp. on Tuesday reported fourth-quarter profit of $109.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. W.R. Berkley shares have decreased 10 percent since the beginning of the year.

  • STORRS, Conn.— The University of Connecticut is creating a community for black men inside a new dorm on its campus, following the lead of some other predominantly white schools in an effort to boost low graduation and retention rates among male African-American students. "We really want a wrap-around approach to make sure that we are creating an optimal...

  • Shares of Exxon fell 2.3 percent to $74.54 after the oil major reported its smallest quarterly profit in more than a decade and forecast a 25- percent drop in capital spending from 2015 levels. Brent oil and U.S. crude fell as hopes faded for a deal between OPEC and Russia on output cuts. "The fact that slashed capex so much is an indication that another oil company is...

  • Pitney Bowes misses 4Q profit forecasts Tuesday, 2 Feb 2016 | 7:29 AM ET

    STAMFORD, Conn. _ Pitney Bowes Inc. on Tuesday reported fourth-quarter net income of $86.3 million. Pitney Bowes expects full-year earnings in the range of $1.80 to $2 per share. Pitney Bowes shares have decreased roughly 6 percent since the beginning of the year, while the Standard& Poor's 500 index has declined 5 percent.

  • Working while sick? Vermont bill would ease the need Tuesday, 2 Feb 2016 | 4:20 AM ET

    The Senate on Tuesday gave preliminary approval to its version of a House-passed bill requiring paid time off after a year on the job: three days in the law's first two years; a minimum of five days a year after that. The measure is expected to win final Senate approval Wednesday, and go to Gov. The Vermont chapter of the National Federation of Independent Business...

  • Privately owned, Connecticut- based Purdue had sued Teva, Amneal Pharmaceuticals and Epic Pharma after they sought approval from the U.S. Food and Drug Administration to make generic OxyContin. Purdue said in a statement that it was reviewing the decision and considering what to do next. "Despite the court's ruling, Purdue has several other patents protecting...

  • Aetna wrapped up 2015 with a 38- percent surge in fourth quarter earnings but chased that better-than-expected performance with 2016 guidance that misses Wall Street forecasts. Aetna recorded adjusted earnings of $7.71 per share in 2015. Aetna and other insurers have struggled with business they've received from the ACA's public insurance exchanges,...

  • An Associated Press review of campaign finance records found the change— which doubled the maximum annual allowable donation from $500 to $1,000— has helped flood candidates campaign accounts with money. According to the AP's review, 1,267 individuals kicked in $1,000 checks to Baker, a haul of more than $1.2 million. Karyn Polito, pulled in $580,000 in $1,000...

  • CONCORD, N.H.— In the market for a crate of Boston and Harvard hoodies and baby onesies? Airports in Boston, Connecticut, Rhode Island and New Hampshire send everything from box loads of pocket knives and scissors to unclaimed luggage to New Hampshire's state surplus division. The $700,000 the state grosses from surplus sales is barely a fraction of the business...