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  • Seventy Seven Energy reports 4Q loss Monday, 2 Mar 2015 | 8:33 AM ET

    OKLAHOMA CITY _ Seventy Seven Energy Inc. on Monday reported a loss of $9.4 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Analysts expected $528.9 million, according to Zacks.

  • Sotheby's misses 4Q profit forecasts Monday, 2 Mar 2015 | 8:18 AM ET

    NEW YORK _ Sotheby's on Monday reported fourth-quarter net income of $74 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share. Analysts expected $333.3 million, according to Zacks.

  • NEW YORK, March 2- From its tower on Wall Street, Deutsche Bank enjoys a commanding view of lower Manhattan. That helped it close the global revenue gap with rivals like JP Morgan and Bank of America Merrill Lynch and put it within striking distance of No. 5- ranked Citigroup. It wants to take on U.S. investment banks on their turf and in February for example poached...

  • OMAHA, Neb.— Billionaire Warren Buffett says the U.S. economy continues to improve steadily, and he doesn't think investors should be disappointed with 2 percent growth each year. Buffett appeared on CNBC Monday after releasing his annual letter to Berkshire Hathaway shareholders over the weekend. He says the growth is clear in reports he sees from Berkshire's...

  • RABAT, Morocco— Dallas- based Kosmos Energy said Monday its exploration well off the coast of the disputed Western Sahara territory has not yielded a commercial find and will be plugged, though the search would continue. Morocco annexed the largely desert territory of the Western Sahara in 1975 and fought a 15- year-old war with the Polisario independence...

  • Triangle Capital beats Street 4Q forecasts Monday, 2 Mar 2015 | 8:00 AM ET

    RALEIGH, N.C. _ Triangle Capital Corp. on Monday reported fourth-quarter earnings of $478,000. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Triangle Capital shares have risen 17 percent since the beginning of the year.

  • Pctel posts 4Q profit Monday, 2 Mar 2015 | 7:51 AM ET

    BLOOMINGDALE, Ill. _ Pctel Inc. on Monday reported fourth-quarter net income of $2 million. On a per-share basis, the Bloomingdale, Illinois- based company said it had profit of 11 cents. Pctel shares have fallen 6.5 percent since the beginning of the year.

  • Magnum Hunter misses Street 4Q forecasts Monday, 2 Mar 2015 | 7:48 AM ET

    HOUSTON _ Magnum Hunter Resources Corp. on Monday reported fourth-quarter net income of $103.4 million, after reporting a loss in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. Analysts expected $95.9 million, according to Zacks.

  • Acceleron reports 4Q loss Monday, 2 Mar 2015 | 7:48 AM ET

    CAMBRIDGE, Mass. _ Acceleron Pharma Inc. on Monday reported a fourth-quarter loss of $17.6 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. Analysts expected $12.9 million, according to Zacks.

  • *Manufacturing data expected from Markit, ISM. *Investors will also eye data on the manufacturing sector, with financial data firm Markit final Manufacturing Purchasing Managers Index expected at 9:45 a.m.. The Institute for Supply Management's reading on the manufacturing sector is scheduled for release at 10:00 a.m..

  • The switch saves $400,000 annually for Silverton, a village of 4,800 people less than 10 miles northeast of downtown Cincinnati. Village manager Tom Carroll says Silverton first paid for deputies' services to augment police, and it worked so well that Silverton eliminated its police department. Neil's department took over in July as Silverton's full-time...

  • Stratasys reports 4Q loss Monday, 2 Mar 2015 | 7:27 AM ET

    EDEN PRAIRIE, Minn. _ Stratasys Ltd. on Monday reported a loss of $92 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Stratasys expects full-year earnings in the range of $2.07 to $2.24 per share, with revenue in the range of $940 million to $960 million.

  • BioScrip reports 4Q loss Monday, 2 Mar 2015 | 7:21 AM ET

    ELMSFORD, N.Y. _ BioScrip Inc. on Monday reported a loss of $63.6 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. BioScrip shares have declined 13 percent since the beginning of the year.

  • LOS ANGELES— PacWest Bancorp is buying Square 1 Financial in a deal valued at about $789 million. Square 1 Financial Inc., based in Durham, North Carolina, is the parent company of Square 1 Bank, and had one banking office in Durham and 12 U.S. loan production offices. Square 1 Bank will merge with Pacific Western Bank, a Los Angeles subsidiary of PacWest Bancorp.

  • NEW YORK— Veronica Roth fans can start the countdown. The "Divergent" author is set to write a new two-book series, HarperCollins Children's Books told The Associated Press on Monday. The books currently are untitled, with the first one expected in 2017 and the next in 2018..

  • State board to hear anti-wind group's appeal Monday, 2 Mar 2015 | 7:06 AM ET

    AUGUSTA, Maine— The Maine Board of Environmental Protection is scheduled to meet this week to consider an appeal of the Bingham Wind Project by the anti-wind group Friends of Maine's Mountains. The Kennebec Journal reports that the project has received the approval of the state Department of Environmental Protection. The Bingham Wind Project, which would...

  • OMAHA, Neb.— Investor Warren Buffett is praising both IBM and ExxonMobil even though the computing business has struggled and Berkshire Hathaway sold its 41 million shares in the oil producer. Buffett says he still likes IBM's prospects even though the company has been dealing with declining sales. He backed that up by increasing Berkshire's stake in IBM to...

  • NEW YORK _ American Realty Capital Properties Inc. on Monday reported a key measure of profitability in its third quarter, after reporting a loss in the same period a year earlier. The New York- based real estate investment trust said it had funds from operations of $244.5 million, or 26 cents per share, in the period. Analysts expected $360.6 million, according to...

  • SAN FRANCISCO, March 2- Workers accusing Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries will try on Monday to win approval of a $415 million settlement from a U.S. judge who rejected an earlier deal as too low. The plaintiffs alleged that Apple Inc, Google Inc, Intel Corp and Adobe Systems Inc agreed to avoid poaching each...

  • LSB posts 4Q profit Monday, 2 Mar 2015 | 6:57 AM ET

    OKLAHOMA CITY _ LSB Industries Inc. on Monday reported fourth-quarter net income of $657,000. The Oklahoma City- based company said it had net income of 3 cents per share. For the year, the company reported profit of $19.4 million, or 82 cents per share.