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  • Lawmakers near deal to extend popular tax breaks Tuesday, 25 Nov 2014 | 4:55 PM ET

    WASHINGTON— Lame duck lawmakers are closing in on an agreement to renew dozens of expired tax breaks for businesses and individuals, including permanent enactment of a generous tax breaks on investments in new equipment and research and development. In trade-offs that angered the administration but gave political wins to top Senate Democrats, the emerging...

  • *Apple briefly crosses $700 bln market cap, ends lower. NEW YORK, Nov 25- U.S. stocks ended little changed on Tuesday as the U.S. economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range. "We did get that great GDP number noting earth-shattering but confirmation the U.S. economy is really...

  • Arrowhead Research misses 4Q profit forecasts Tuesday, 25 Nov 2014 | 4:51 PM ET

    PASADENA, Calif. _ Arrowhead Research Corp. on Tuesday reported a fiscal fourth-quarter loss of $22.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share. Arrowhead Research shares have dropped 46 percent since the beginning of the year.

  • Nov 25- The final vote tally on an Oregon ballot measure that would require labeling of foods made with genetically modified ingredients was so close that state officials are doing a recount, a spokesman for the state said on Tuesday. Final results show the Oregon measure losing by 812 votes out of a total of more than 1.5 million votes, according to the Oregon...

  • Pall and DSW are big market movers Tuesday, 25 Nov 2014 | 4:45 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Pall Corp., up $3.31 to $98. Workday Inc., down $5.12 to $87.37.

  • WASHINGTON, Nov 25- The United States is in the midst of renewing its 35- year-old commitment to supply Israel with oil in emergency situations after the pact expired on Tuesday, a U.S. State Department official said. The United States "is in close contact with the government of Israel on extending the longstanding memorandum of understanding" between the two...

  • Infoblox reports 1Q loss Tuesday, 25 Nov 2014 | 4:42 PM ET

    SANTA CLARA, Calif. _ Infoblox Inc. on Tuesday reported a fiscal first-quarter loss of $10.2 million. Analysts expected $64.2 million, according to Zacks. For the current quarter ending in January, Infoblox expects its per-share earnings to range from 4 cents to 5 cents.

  • AeroVironment misses Street 2Q forecasts Tuesday, 25 Nov 2014 | 4:39 PM ET

    MONROVIA, Calif. _ AeroVironment Inc. on Tuesday reported a loss of $2.9 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. AeroVironment expects full-year revenue in the range of $250 million to $270 million.

  • HP beats 4Q profit forecasts Tuesday, 25 Nov 2014 | 4:39 PM ET

    PALO ALTO, Calif. _ Hewlett-Packard Co. on Tuesday reported earnings of $1.33 billion in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Analysts expected $28.84 billion, according to Zacks.

  • Analog Devices beats Street 4Q forecasts Tuesday, 25 Nov 2014 | 4:39 PM ET

    NORWOOD, Mass. _ Analog Devices Inc. on Tuesday reported fiscal fourth-quarter earnings of $108.7 million. Analysts expected $804.3 million, according to Zacks. For the current quarter ending in January, Analog Devices expects its per-share earnings to range from 58 cents to 64 cents.

  • Veeva beats Street 3Q forecasts Tuesday, 25 Nov 2014 | 4:39 PM ET

    PLEASANTON, Calif. _ Veeva Systems Inc. on Tuesday reported fiscal third-quarter profit of $10.3 million. For the current quarter ending in January, Veeva expects its per-share earnings to range from 8 cents to 9 cents. Veeva expects full-year earnings in the range of 33 cents to 34 cents per share, with revenue ranging from $310.7 million to $311.7 million.

  • Cubic tops Street 4Q forecasts Tuesday, 25 Nov 2014 | 4:39 PM ET

    SAN DIEGO _ Cubic Corp. on Tuesday reported fiscal fourth-quarter net income of $32.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. Analysts expected $394.9 million, according to Zacks.

  • Microsoft to pay China $140 mln for 'tax evasion' Tuesday, 25 Nov 2014 | 4:38 PM ET

    SEATTLE, Nov 25- China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there. "In 2012 the tax authorities of China and the United States agreed to a bilateral advanced pricing agreement with regards to...

  • HSBC to pay $12.5 million to settle SEC charge Tuesday, 25 Nov 2014 | 4:37 PM ET

    The Securities and Exchange Commission said Tuesday that the private-banking unit failed to register with the SEC before providing brokerage services and investment advice to U.S. clients. The SEC says HSBC Private Bank began doing so more than 10 years ago and collected fees totaling about $5.7 million. According to the SEC, HSBC Private Bank decided to exit...

  • NEW YORK, Nov 25- U.S. Month-end buying of Treasury notes boosted demand at the Treasury's auction of $35 billion in five-year notes, analysts said. "It was a vote of confidence in U.S. bonds versus other sovereign fixed income instruments," said Tyler Tucci, Treasury strategist at RBS Securities in Stamford, Connecticut, on the strong bidding.

  • HP earnings show continued struggle Tuesday, 25 Nov 2014 | 4:26 PM ET

    SAN FRANCISCO— Hewlett-Packard Co.' s latest earnings report shows that despite three years of efforts to turn its business around, the venerable tech giant still has a lot more work ahead. CEO Meg Whitman has decided to split the pioneering Silicon Valley company in two. For the August-October fiscal quarter, HP reported net income of $1.3 billion, or 70 cents a...

  • Lawmakers target Golden Gate Bridge sidewalk fee Tuesday, 25 Nov 2014 | 4:23 PM ET

    SAN FRANCISCO— Two California lawmakers plan to introduce legislation to block a possible sidewalk toll on the Golden Gate Bridge. Assemblymen Phil Ting and Marc Levine said at a news conference Tuesday that a sidewalk toll would be the wrong message to send when officials are trying to cut greenhouse gas pollution and encourage people to walk and bike.

  • *China gold imports from Hong Kong jump in Oct. NEW YORK/ LONDON, Nov 25- Gold edged up slightly to just above $1,200 an ounce on Tuesday as the U.S. dollar eased after data showed a deterioration in consumer confidence, offsetting better-than-expected U.S. economic growth numbers. The U.S. Commerce Department raised its estimate of gross domestic product to a 3.9...

  • Rough week for Fox in Nielsen ratings Tuesday, 25 Nov 2014 | 4:12 PM ET

    The Nielsen company said the struggling network finished fifth in prime-time viewership behind Spanish-language network Univision last week. The highest-ranked Fox show in Nielsen's weekly ratings was the "Batman" prequel "Gotham," the network's biggest success of the fall. Still, Nielsen said 45 other programs had a bigger audience than the 6.5 million...

  • Stock gains fizzle; Indexes still near records Tuesday, 25 Nov 2014 | 4:11 PM ET

    NEW YORK— The U.S. stock market is ending the day pretty much it started, leaving indexes near record highs. Investors were weighing an upward revision in U.S. economic growth Tuesday against a drop in consumer confidence. Energy stocks fell 1.6 percent after the price of oil resumed its slide ahead an OPEC meeting on Thursday.