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  • *Applied Materials falls after merger called off. *Celladon nosedives on lead drug's trial failure. "So far, both the economic data and earnings data has been weaker-than-expected and so that means that an imminent rate hike is most likely off the table," said Adam Sarhan, chief executive of Sarhan Capital in New York.

  • NEW YORK, April 27- U.S. Treasuries prices fell on Monday as investors made room for the upcoming $26 billion of two-year notes, part of this week's $90 billion in fixed-rate government debt supply. I don't think the data are there for them to be tweaking things, "said Brian Rehling, chief fixed-income strategist at Wells Fargo Advisors in St. Louis, Missouri.

  • Mylan rejects Teva's $40.1 billion buyout offer Monday, 27 Apr 2015 | 9:58 AM ET

    NEW YORK— Mylan N.V. rejected Teva Pharmaceuticals' $40.1 billion buyout offer, saying the cash-and-stock proposal undervalues the company. Mylan has made a $29 billion bid of its own for rival Perrigo but that offer as been rejected. Shares of Mylan fell $3.56, or 4.7 percent, to $72.50 in morning trading Monday.

  • *Fed, other central bank meetings key to week ahead. NEW YORK, April 27- The dollar firmed on Monday, recovering from recent losses in the wake of some weak U.S. economic data, but gains are expected to be contained ahead of the Federal Reserve's key monetary policy meeting this week. "Any sense from the Fed that a rate hike appears on a further horizon could mean a weaker...

  • Inogen tops 4Q revenue forecasts Monday, 27 Apr 2015 | 9:54 AM ET

    GOLETA, Calif. _ Inogen Inc. on Monday reported fourth-quarter profit of $1.5 million. The Goleta, California- based company said it had net income of 7 cents per share. Four analysts surveyed by Zacks expected $26.4 million.

  • NEW YORK— The U.S. stock market is opening moderately higher as investors prepare for a busy week of company earnings news. The Dow Jones industrial average rose 73 points, or 0.5 percent, to 18,154. The Standard& Poor's 500 index rose five points, or 0.3 percent, to 2,122. The Nasdaq composite climbed 11 points, or 0.2 percent, to 5,104.. More than 150 companies in the...

  • COLUMN-BP must remain British, says Whitehall: Kemp Monday, 27 Apr 2015 | 9:44 AM ET

    But the company's identity remains complicated, at once BP and British Petroleum, part of Britain's establishment but also a footloose international oil major with operations around the world. Much more than Royal Dutch Shell, with its historical link to the Netherlands, BP is Britain's national oil company and bears with it the country's hopes for a major...

  • WASHINGTON, April 27- The U.S. Supreme Court on Monday agreed to consider whether online people-search service Spokeo Inc should face a class action lawsuit for including incorrect information in its database. Thomas Robins filed suit in California on behalf of himself and others under the federal Fair Credit Reporting Act, which requires consumer...

  • High court to consider lawsuits over personal data Monday, 27 Apr 2015 | 9:39 AM ET

    WASHINGTON— The Supreme Court said Monday it will decide whether Web sites and other firms that collect personal data can be sued for publishing inaccurate information even if the mistakes don't cause any actual harm. Thomas Robins, a Virginia resident, sued Spokeo after viewing a profile on him that was riddled with errors. But the 9th U.S. Circuit Court of...

  • NEW YORK— French technology company Capgemini is paying about $4 billion to buy U.S. rival iGate Corp. and expand its presence in North America. IGate offers similar information technology services to financial services companies and other industries. Capgemini says it will gain new clients with the deal, including General Electric Co. and the Royal Bank of...

  • Old National Bancorp meets 1Q profit forecasts Monday, 27 Apr 2015 | 9:12 AM ET

    EVANSVILLE, Ind. _ Old National Bancorp on Monday reported first-quarter profit of $20.9 million. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 24 cents per share. Old National Bancorp shares have fallen 4 percent since the beginning of the year.

  • *Applied Materials falls after merger called off. April 27- U.S. stock index futures pointed to a modestly higher open on Monday after the Nasdaq and S&P 500 chalked up record high closes on Friday and ahead of Apple's results after the close. "So far, both the economic data and earnings data has been weaker-than-expected and so that means that an imminent rate hike...

  • Cambridge posts 1Q profit Monday, 27 Apr 2015 | 9:09 AM ET

    CAMBRIDGE, Mass. _ Cambridge Bancorp on Monday reported first-quarter profit of $3.7 million. The bank, based in Cambridge, Massachusetts, said it had earnings of 94 cents per share. Cambridge shares have decreased 3.5 percent since the beginning of the year.

  • OSI posts 3Q profit Monday, 27 Apr 2015 | 9:09 AM ET

    HAWTHORNE, Calif. _ OSI Systems Inc. on Monday reported fiscal third-quarter net income of $13.2 million. OSI expects full-year earnings in the range of $3.42 to $3.60 per share, with revenue in the range of $950 million to $975 million. Keywords: OSI Systems, Earnings Report.

  • 20 charged with targeting Pennsylvania Lowe's stores Monday, 27 Apr 2015 | 9:08 AM ET

    CRANBERRY, Pa.— Police say they've charged 20 people from one western Pennsylvania county in a shoplifting ring that targeted Lowe's home improvement stores in five counties. Police in Cranberry Township, Butler County, tell the Butler Eagle that the suspects face racketeering charges because they were allegedly acting as a corrupt organization.

  • LOS ANGELES, April 27- Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said, in a move that could revive labor tension at the nation's busiest cargo hub. Delegations of drivers planned to notify the companies of their intent to strike at 6 a.m....

  • Discover discovers Apple Pay for its US cardholders Monday, 27 Apr 2015 | 8:59 AM ET

    NEW YORK— U.S. users of Discover cards are getting their Apple Pay, the last holdout among major credit card networks in the country. After months of complaints from customers, Discover Financial Services announced Monday that it has reached an agreement with Apple Inc. that will let its cardholders make payments in participating stores through Apple Pay by...

  • Celladon shares dive on failed heart drug study Monday, 27 Apr 2015 | 8:57 AM ET

    NEW YORK— Shares of Celladon Corp. plummeted after the biotechnology company said its developing heart failure treatment failed to meet key goals in a pivotal study. The stock shed $10.18, or 74 percent, to $3.50 in premarket trading about 45 minutes before the market open. The drug candidate had been given special "Breakthrough Therapy" status by the Food and...

  • Tennant posts 1Q profit Monday, 27 Apr 2015 | 8:54 AM ET

    MINNEAPOLIS _ Tennant Co. on Monday reported first-quarter net income of $5 million. The Minneapolis- based company said it had net income of 27 cents per share. Tennant expects full-year earnings to be $2.40 to $2.70 per share, with revenue in the range of $825 million to $855 million.

  • Sun Bancorp posts 1Q profit Monday, 27 Apr 2015 | 8:54 AM ET

    MOUNT LAUREL, N.J.— Sun Bancorp Inc. on Monday reported first-quarter net income of $2.8 million, after reporting a loss in the same period a year earlier. Sun Bancorp shares have climbed 3.5 percent since the beginning of the year. Keywords: Sun Bancorp, Earnings Report.