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  • Meritage misses 1Q profit forecasts Thursday, 23 Apr 2015 | 8:48 AM ET

    SCOTTSDALE, Ariz. _ Meritage Homes Corp. on Thursday reported first-quarter net income of $16.4 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. Six analysts surveyed by Zacks expected $476.2 million.

  • Freeport-McMoran reports 1Q loss Thursday, 23 Apr 2015 | 8:15 AM ET

    PHOENIX— Freeport-McMoran Copper& Gold Inc. on Thursday reported a first-quarter loss of $2.47 billion, after reporting a profit in the same period a year earlier. The average estimate of 13 analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share. Four analysts surveyed by Zacks expected $4.02 billion.

  • Some police in US looking to body cameras on their own Thursday, 23 Apr 2015 | 1:33 AM ET

    Studies of camera use by police in Rialto, California, and Mesa, Arizona, showed steep declines in citizen complaints and in use of force by officers. In the Ohio village of New Richmond, where Kidder's restraint last week in the face of a potentially deadly suspect has drawn wide acclaim, police chief Randy Harvey said the video shows why he'd like to have the...

  • NEW YORK, April 21- The founders of the privately held producer of AriZona iced tea have reached a settlement resolving a long-running legal feud that had prompted a New York state judge to order the company to pay $1 billion to buy out a co-owner. Domenick Vultaggio, Beverage Marketing USA Inc's managing founder, and estranged partner John Ferolito have reached...

  • April 15- The Medicines Co's intravenous blood clot preventer can be used in angioplasty procedures, an independent advisory panel to the U.S. Food and Drug Administration said on Wednesday. The recommendation follows a review published by FDA staff on Monday, which supported the approval of the drug. Cangrelor, which won European approval in March, was...

  • April 13- An intravenous blood clot preventer developed by The Medicines Co should be approved by the U.S. Food and Drug Administration, FDA staff reviewers concluded. The FDA rejected the blood thinner in April last year, after its reviewers took issue with the way a pivotal trial, called Champion- Phoenix, was conducted, and asked the company to reanalyze its...

  • LOS ANGELES, April 10- Carolin Wood, an artist and graduate student from Brooklyn's trendy Greenpoint neighborhood, has a secret that she keeps from her husband and some foodie friends. Once a month, she takes her two young children to McDonald's for inexpensive breakfasts or ice cream. To lure back consumers, McDonald's Corp's new Chief Executive Steve...

  • April 8- A retired U.S. Army colonel has agreed to plead guilty to negotiating a job with financier Lynn Tilton's private equity firm while also taking steps to ensure a helicopter company that did business with the Department of Defense got paid faster. Court papers do not identify by name the helicopter company, MD Helicopters in Mesa, Arizona, or Patriarch...

  • CEO: Pollo Loco's key for success is ... Tuesday, 7 Apr 2015 | 2:20 PM ET
    El Pollo Loco restaurant

    El Pollo Loco CEO Steve Sather says this has been the key to the company's recent success.

  • *Offering of 23 mln shares priced at $20/ share. April 1- GoDaddy Inc's shares rose as much as 34 percent in their debut on Wednesday following a $460 million initial public offering, as investors spotted a bargain in a company making a shift from Internet domains to small-business services. Etsy Inc, which operates a website that sells handmade goods and craft...

  • April 1- Wall Street analysts may be inadequately accounting for the dollar's sharp first-quarter rally, setting up a scenario in which some multinational companies may miss already low earnings estimates and be punished with selloffs of their shares. North American public companies could give up more than $25 billion in revenues and 7 cents per share in...

  • NEW YORK, April 1- What inspires you? It's a simple question that is not always easy to answer. Claim to fame: #1 New York Times bestselling author, life and business strategist.

  • North American public companies could give up more than $25 billion in revenues and 7 cents per share in earnings in the first quarter alone because of currency-related volatility, said Wolfgang Koester, chief executive of FiREapps, a foreign exchange data analytics firm in Phoenix, Arizona. An early example to watch is Monsanto Co, which reports results on...

  • WASHINGTON, March 31- A Spider-Man toy that shoots out webs of foam was at the center of a U.S. Supreme Court hearing on Tuesday, with the justices appearing little inclined to overturn a half-century-old legal precedent to allow more royalty fees to go to its inventor. The nine justices heard more than an hour of oral arguments in the case pitting the inventor,...

  • WASHINGTON, March 30- The U.S. Supreme Court on Monday declined to hear a new challenge to President Barack Obama's healthcare law that took aim at a bureaucratic board labeled by some Republicans as a "death panel" because it was designed to cut Medicare costs. The high court left intact a ruling by the San Francisco- based 9th U.S. Circuit Court of Appeals that threw...

  • MONTABAUR, Germany, March 27- The German pilot believed to have deliberately crashed a plane in the French Alps killing 150 people broke off his training six years ago due to depression and spent over a year in psychiatric treatment, a German newspaper reported on Friday. The story in German tabloid Bild came a day after French prosecutors said they believed...

  • March 26- Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting...

  • WASHINGTON, March 26- The Pentagon's notoriously slow, bureaucratic and wasteful acquisition system is eroding America's military technological edge and must be reformed, Senator John McCain, the chairman of the Senate Armed Services Committee, said on Thursday. The Arizona Republican, a former presidential candidate and prisoner of war during the Vietnam...

  • Some on Wall Street are even talking about an earnings recession. Wall Street analysts currently estimate earnings growth of 1.3 percent for 2015, down from a forecast of 8.1 percent at the beginning of the year, according to Thomson Reuters data. Nearly one-fifth of S&P 500 companies have warned on earnings for the first quarter, with at least 49 companies...

  • WASHINGTON, March 19- The United States needs to step up its offensive cyber capabilities, a top security official said on Thursday, warning that looming defense budget cuts could hurt efforts to bolster the nation's cyber military facilities and make the country more vulnerable. Admiral Mike Rogers, director of the National Security Agency and commander of...