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  • NEW YORK, May 1- The U.S. stock market has struggled for direction of late, but next week's payroll report could confirm whether the recent weakness in data and stock prices is waning as the weather warms, or the start of a longer-term trend. "There are a lot of offsetting trends in the market, which is causing a lot of choppy volatility," said Michael Mullaney, chief...

  • NEW YORK, May 1- A former ally of New Jersey Governor Chris Christie on Friday pleaded guilty to federal charges related to the George Washington Bridge closure scandal, while two others were indicted- another blow to Christie's image at a time when he is trying to get his presidential campaign off the ground. David Wildstein, a former senior Christie appointee to...

  • NEW YORK, May 1- A former ally of New Jersey Governor Chris Christie on Friday pleaded guilty to charges related to the George Washington Bridge closure scandal, delivering another blow to Christie's image at a time when he is trying to get his presidential campaign off the ground. David Wildstein, a former senior Christie appointee to the Port Authority of New...

  • LAS VEGAS— Casino mogul and prominent Republican donor Sheldon Adelson testified Friday he isn't sure where he was when he and his second-in-command at the time crafted a list of reasons to fire Sands China's chief executive in 2010.. Adelson, CEO of Las Vegas Sands and one of the world's richest men, told a Clark County courtroom he could have been in a plane...

  • BOSTON— Marty Meehan, the former congressman and current chancellor of the University of Massachusetts-Lowell, was named president of the five-campus UMass system on Friday after selling his vision of turning the system into one of the nation's best and promising to raise more money than his predecessors. Meehan listed a number of his priorities, including...

  • DIARY- Top Economic Events to May 14 Thursday, 30 Apr 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting hosted by the bank- 1300 GMT. BOSTON- Federal Reserve Board Governor Daniel Tarullo speaks at opening session before the Economic Growth and Regulatory Paperwork Reduction...

  • BOSTON— Boston- based Partners HealthCare is notifying about 3,300 patients about a security breach. Partners said some emails contained patient information like names, addresses, dates of birth, telephone numbers and, in some instances, Social Security numbers and clinical information including diagnosis, treatment received and insurance information.

  • Brightcove reports 1Q loss Thursday, 30 Apr 2015 | 5:57 PM ET

    BOSTON _ Brightcove Inc. on Thursday reported a loss of $2.8 million in its first quarter. For the current quarter ending in June, Brightcove expects its results to range from a loss of 5 cents per share to a loss of 3 cents per share. Brightcove expects full-year results to range from a loss of 12 cents per share to a loss of 5 cents per share, with revenue ranging from...

  • CRA posts 1Q profit Thursday, 30 Apr 2015 | 10:51 AM ET

    BOSTON _ CRA International Inc. on Thursday reported first-quarter net income of $2.8 million. On a per-share basis, the Boston- based company said it had net income of 30 cents. Keywords: CRA International, Earnings Report.

  • American Tower misses 1Q profit forecasts Thursday, 30 Apr 2015 | 7:27 AM ET

    BOSTON _ American Tower Corp. on Thursday reported first-quarter net income of $193.3 million. American Tower expects full-year revenue in the range of $4.56 billion to $4.61 billion. American Tower shares have decreased slightly more than 5 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly more than 2 percent.

  • LPL Financial meets 1Q profit forecasts Thursday, 30 Apr 2015 | 6:21 AM ET

    BOSTON _ LPL Financial Holdings Inc. on Thursday reported first-quarter profit of $50.7 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 64 cents per share. LPL Financial shares have decreased nearly 8 percent since the beginning of the year.

  • Boston Beer beats 1Q profit forecasts Wednesday, 29 Apr 2015 | 7:03 PM ET

    BOSTON _ Boston Beer Co. on Wednesday reported first-quarter profit of $13.7 million. Boston Beer expects full-year earnings to be $7.10 to $7.50 per share. Boston Beer shares have dropped 10 percent since the beginning of the year.

  • Cabot misses Street 2Q forecasts Wednesday, 29 Apr 2015 | 6:24 PM ET

    BOSTON _ Cabot Corp. on Wednesday reported fiscal second-quarter earnings of $26 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Three analysts surveyed by Zacks expected $822.9 million.

  • April 29- General Motors Co said it is likely it will cease vehicle production in Venezuela in July as the automaker joins other U.S. corporations in taking action to shield their profits from the South American country's volatile currency. GM has one plant in Venezuela, in Valencia, where it builds the Chevrolet Aveo and Cruze cars, the Orlando crossover vehicle...

  • BOSTON— Vertex Pharmaceuticals Inc. said Wednesday that sales of its cystic fibrosis drug Kalydeco climbed 31 percent in the first quarter. The Boston- based company pared its loss to $198.6 million, or 83 cents per share. Analysts had forecast a loss of 75 cents per share on $139.9 million in revenue, according to Zacks Investment Research.

  • NEW YORK— Technology stocks are trading at levels not seen since Y2K and that may trigger some bad memories. The Nasdaq is just a number, says Stuart Ritter, a senior financial planner at T. Rowe Price in Baltimore. The Nasdaq composite is not dependent on the technology sector like it was in 2000. "It's diversified," says Hugh Anderson, partner and managing Director at...

  • Howard Johnson's restaurants— the once-ubiquitous orange-roofed eateries that nourished baby boomers before the rise of burgers and burritos— have almost disappeared. The HoJo's on the main strip of this Adirondack Mountain resort town and another in Bangor, Maine, are the last two restaurants operating under the famous name. The Bangor restaurant is...

  • NEW YORK, April 29- A major funds company is putting directors on notice: if you adopt poison pill anti-takeover measures without shareholder approval, you will be blacklisted. Since October, Dimensional Fund Advisors, the eighth largest U.S. mutual fund firm with $398 billion in assets, has been sending warning letters to companies whose stock it owns and who...

  • NEW YORK, April 28- A night of arson and looting in Baltimore has shaken the confidence of people running businesses beyond the areas hardest hit. While Baltimore's unemployment rate is higher than the national average and it is lagging in per capita income, the city government's budget is stable, it has a diverse business sector, elite universities and medical...

  • DIARY- Top Economic Events to May 12 Tuesday, 28 Apr 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Division of Banking Supervision and Regulation Deputy Director Mark van der Weide testifies on insurance regulation before the House Financial Services subcommittee on housing and insurance- 1400 GMT. Treasury Under Secretary for International Affairs Nathan Sheets speaks on "What to Expect from the Next U.S.- China...