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  • NEW YORK/ WASHINGTON, June 3- The U.S. trade deficit narrowed in April on a drop in imports, which surged in March following the end of a West Coast ports labor dispute, while companies picked up their hiring in May after a pullback the previous month. The U.S. Commerce Department on Wednesday said the trade gap narrowed to $40.9 billion from March's revised deficit of...

  • *Synchronoss jumps on reports of possible sale. June 3- U.S. stocks were higher in early trading on Wednesday after data showed that the country's private sector added more jobs than expected in May and the European Central Bank left interest rates unchanged at record lows. "There was nothing disturbing in the numbers," said Mark Luschini, chief investment...

  • NEW YORK— Shares of G-III Apparel Group Ltd. are surging in Wednesday premarket trading following a strong quarterly performance and raised full-year forecast on strong sales of Calvin Klein and other brands. Analysts polled by Zacks investment Research expected earnings of 7 cents per share on revenue of $404.7 million. KeyBanc Capital Markets' Edward...

  • *Synchronoss jumps on reports of possible sale. June 3- Wall Street was set to open higher after data showed that the U.S. private sector added more jobs than expected in May and the European Central Bank left interest rates unchanged at record lows. "There was nothing disturbing in the numbers," said Mark Luschini, chief investment strategist at Janney Montgomery...

  • Village Super Market posts 3Q profit Wednesday, 3 Jun 2015 | 8:54 AM ET

    SPRINGFIELD, N.J. _ Village Super Market Inc. on Wednesday reported fiscal third-quarter earnings of $13.2 million. Village Super Market shares have increased 18 percent since the beginning of the year. Keywords: Village Super Market, Earnings Report.

  • Wendy's to buy back stock, move will trim Peltz's stake Wednesday, 3 Jun 2015 | 8:53 AM ET

    NEW YORK— The Wendy's Co. board of directors approved a new $1.4 billion stock buyback plan that will also trim Chairman Nelson Peltz's stake in the company. The remaining $211 million will be bought from board members Nelson Peltz, Peter W. May and Edward P. Garden, along with investment funds managed by Trian Fund Management L.P.. It expects adjusted profit of 31...

  • US trade deficit drops sharply in April Wednesday, 3 Jun 2015 | 8:32 AM ET

    WASHINGTON— The U.S. trade deficit declined sharply in April as exports posted a modest gain and imports fell, raising hopes that trade's drag on economic growth will ease in the current quarter. The April deficit tumbled 19.2 percent to $40.9 billion after surging to $50.6 billion in March, the Commerce Department said Wednesday. With the ports fully...

  • Survey: US business hiring picks up in May to 201,000 Wednesday, 3 Jun 2015 | 8:32 AM ET

    WASHINGTON— U.S. companies stepped up hiring in May, a private survey found, evidence that employers remain confident in the economy even after it contracted at the start of the year. Payroll processor ADP said Wednesday that businesses added 201,000 jobs last month, up from just 165,000 in the previous month. "The relative strength in today's report is an...

  • WASHINGTON— US trade deficit drops sharply to $40.9 billion in April as exports rise and imports fall.

  • Vera Bradley reports 1Q loss Wednesday, 3 Jun 2015 | 8:12 AM ET

    ROANOKE, Ind. _ Vera Bradley Inc. on Wednesday reported a fiscal first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier. Six analysts surveyed by Zacks expected $105.8 million. For the current quarter ending in July, Vera Bradley said it expects revenue in the range of $116 million to $120 million.

  • MINNEAPOLIS— UnitedHealth Group is raising its cash dividend by more than 30 percent once again, as the nation's largest health insurer keeps pace with its rising stock price. UnitedHealth Group Inc. has increased its dividend 30 percent or more each year since 2010, when it became the first health insurer to offer more than a token dividend.

  • LITTLE ROCK, Ark.— A 2- mile section of the Arkansas River near Little Rock remained closed Wednesday following the rupture of a pipeline that released enough natural gas to fuel about 65 homes for a year. U.S. Coast Guard spokesman Jonathan Lally said the section of the river, which is near Arkansas' busiest airport, will remain closed until Spectra Energy Corp....

  • 'Skylanders' injecting vehicles in next installment Wednesday, 3 Jun 2015 | 8:01 AM ET

    LOS ANGELES— "Skylanders" is pushing the pedal to the metal. "Skylanders" launched the toys-to-life category in 2011 before Disney's "Infinity" and Nintendo's "amiibo" followed suit. Warner Bros. unveiled plans earlier this year to release "Lego Dimensions."

  • SAN FRANCISCO, June 3- Medications-by-mail company PillPack said it had raised $50 million in funding, underscoring the continuing appeal of healthcare companies to venture capital backers. PillPack is taking on established U.S. pharmacies such as CVS, Rite-Aid and Walgreens, betting its tweaks, such as delivering rolls of individual-dose packs labeled by...

  • NEW YORK— AutoNation Inc. said new auto sales rose 5 percent in May on strong results from domestic and high-priced luxury vehicles. Fort Lauderdale, Florida- based AutoNation said it sold 31,777 new vehicles in May. AutoNation owns and operates 293 new vehicle franchises, selling 35 brands across 15 states.

  • June 3- Stock Building Supply Holdings Inc and fellow construction materials supplier Building Materials Holding Corp said they would combine to expand in the fast-growing south and west regions in the United States. BMC's shareholders will receive 0.5231 new shares of Stock Building Supply for each share held and own about 60 percent of the merged entity,...

  • Brown-Forman meets 4Q profit forecasts Wednesday, 3 Jun 2015 | 7:39 AM ET

    LOUISVILLE, Ky. _ Brown-Forman Corp. on Wednesday reported fiscal fourth-quarter profit of $140 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 66 cents per share. Brown-Forman expects full-year earnings to be $3.40 to $3.60 per share.

  • TOKYO, June 3- Japanese Prime Minister Shinzo Abe's ruling party called for a "cautious response" to the China-led Asian Infrastructure Investment Bank, but will leave the decision on joining to the premier, a draft report showed on Wednesday. A panel of ruling Liberal Democratic Party was lawmakers tasked with looking into Japan's possible membership in the...

  • Today, it is Warsaw's Soho Factory, a hip new space of exhibitions, offices and restaurants. Taking inspiration from SoHo and the Meatpacking District in New York City, entrepreneur Rafal Bauer saw "soul" in a pile of dilapidated brick buildings sinking into the ground in Warsaw's gritty Praga neighborhood and transformed them into a creative space whose...

  • Quanex beats 2Q profit forecasts Wednesday, 3 Jun 2015 | 7:10 AM ET

    HOUSTON _ Quanex Building Products Corp. on Wednesday reported fiscal second-quarter net income of $2.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. This story was generated by Automated Insights using data from Zacks Investment Research.