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  • SALT LAKE CITY _ Franklin Covey Co. on Wednesday reported fiscal third-quarter net income of $1.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 13 cents per share. Franklin Covey shares have risen 4 percent since the beginning of the year.

  • Supreme Court ruling against a federal regulation aimed at cutting air pollution from power plants will limit growth for Cabot Corp and Calgon Carbon Corp, which make activated carbon used to curb mercury emissions. The tiny $80 million market for activated carbon could have shot up to $300 million- $350 million by 2017, analysts had said.

  • WASHINGTON— Figures on government spending and debt.

  • WILMINGTON, Delaware, July 1- The bankrupt $3.5 billion Baha Mar mega resort in the Bahamas secured up to $30 billion in interim financing on Wednesday, but it was unclear when construction on the stalled project would resume. Baha Mar's developer, Sarkis Izmirlian, the son of Armenian billionaire Dikran Izmirlian, has agreed to arrange the funding.

  • NEW YORK— The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out. In forms filed with the Securities and Exchange Commission on Wednesday, the companies disclosed that...

  • NEW YORK/ LONDON, July 1- Gold fell on Wednesday, as the dollar strengthened and hopes for progress in the Greek crisis revived after the country told international creditors Athens could accept their bailout offer if some conditions were changed. Spot gold was down 0.3 percent at $1,169.10 an ounce at 3:39 p.m. EDT, still near the previous session's low of...

  • *WTI discount vs Brent hits $5 a barrel, biggest in 2 weeks. *Slide came on U.S. stockpile build, Greece and Iran fears. NEW YORK, July 1- U.S. crude prices fell 4 percent on Wednesday, posting their biggest daily drop since April after oil stockpiles in the United States rose for the first time in more than two months.

  • NEW YORK, July 1- The euro fell against the U.S. dollar on Wednesday after strong U.S. economic data raised expectations the Federal Reserve will hike rates in September, while a combative address from Greece's prime minister also weighed on the euro. The ADP National Employment Report showed 237,000 private-sector U.S. jobs were created in June, handily...

  • *Corn turns firm late; supported by USDA stocks, acreage figures. *Wheat pressured by poor exports, harvest. "Wheat got smoked early and often as harvest pressure started the break," Charlie Sernatinger, global head of grain futures at ED&F Man Capital said in a note to clients.

  • SunEdison announced Wednesday it had secured $360 million in financing for the wind farm that is expected to produce 185 megawatts of electricity, enough to power about 65,000 homes. When it's finished in late 2016, the 56- turbine farm will bring SunEdison's total wind-generation capacity in Maine to 552 megawatts. Missouri- based SunEdison says it will...

  • July 1- Real estate developer Donald Trump's string of luxury hotel properties, The Trump Hotel Collection, could be the latest victim of credit card breach, KrebsonSecurity reported, citing data shared by several U.S.-based banks. Credit card data at various Trump properties in the United States, including those in Chicago, Honolulu, Las Vegas, Los Angeles,...

  • July 1- Real estate developer Donald Trump's string of luxury hotel properties, The Trump Hotel Collection, could be the latest victim of credit card breach, KrebsonSecurity reported, citing data shared by several U.S.-based banks. Credit card data at various Trump properties in the United States, including those in Chicago, Honolulu, Las Vegas, Los Angeles,...

  • NEW YORK, July 1- J.M. Smucker Co cut prices for most of its Folgers and Dunkin' Donuts coffee brands sold in the United States by 6 percent, the biggest U.S. roaster said on Wednesday, partially reversing last year's price hikes to woo back customers. The company is the first U.S. roaster to cut prices after a customer backlash following a 9 percent price hike just over a...

  • They also agreed to wind down their AlphaBridge Fixed Income Master Fund and two similarly named "feeder funds," which were all launched in 2001, and Carino accepted a three-year ban from the securities industry, the SEC said. Instead, the SEC said the defendants by 2010 were generating those valuations themselves, and encouraging broker-dealers to pass them...

  • BOGOTA, July 1- Colombia has ruled out conducting debt swaps with market participants this year, the director of public credit Ana Milena Lopez told Reuters on Wednesday. The government is also considering the possibility next year of monetizing overseas assets, mostly the proceeds of bond sales, to take advantage of a weakened peso against the dollar, Harvard-...

  • HOUSTON, July 1- A surge in West Texas oil pipeline startups and expansions has squeezed viability of some crude-by-rail terminals in the region, but increased output of ultra-light condensate could give them a niche pipelines cannot fill, a top rail operator in the region said on Wednesday. "The big topic used to be that there wasn't enough takeaway capacity out...

  • SAO PAULO, July 1- A Braskem SA shareholder has sued the Brazilian petrochemical producer, accusing it of being involved in a graft scandal that has engulfed key stakeholders Odebrecht and Petrobras and led to a selloff in Braskem's U.S.-traded stock. Plaintiff Douglas W. Peters is seeking class action status for the lawsuit, filed in a Manhattan federal court...

  • DETROIT— A state board that examined a preliminary review of Wayne County's finances said Wednesday the entity is operating under probable financial stress. Khouri chairs the Local Emergency Financial Assistance Loan Board, which looked at the Treasury Department's two-week review before announcing its ruling in Lansing. Wayne County has about 1.7...

  • *Euro zone finance ministers put off Greece talks. *Chubb jumps after ACE's buyout offer. On Tuesday, Greece became the first advanced nation to default on an International Monetary Fund loan repayment.

  • NEW YORK— The U.S. government is seeking to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of ovens and other cooking-related kitchen appliances, especially to customers like home builders, property managers, hotels, and governments. General Electric Co. and Electrolux said they will...