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  • 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...

  • LogMein beats Street 1Q forecasts Tuesday, 28 Apr 2015 | 4:45 PM ET

    BOSTON _ LogMein Inc. on Tuesday reported first-quarter profit of $372,000. Three analysts surveyed by Zacks expected $60.5 million. For the current quarter ending in June, LogMein expects its per-share earnings to range from 32 cents to 33 cents.

  • *Merck on track for its best day since January 2014. April 28- U.S. stocks held on to their gains in early afternoon trading on Tuesday, reversing earlier declines, on strong earnings from Merck, better-than-expected housing data and a dividend hike from IBM. The shares then fell as much as 2.3 percent, weighing on all three major indices, before recovering to trade up...

  • April 28- JetBlue Airways Corp shattered expectations Tuesday by forecasting a rise in April unit revenue while investors were braced for a decline, sending its stock up nearly 5 percent. This was "remarkably better" than anticipated, Wolfe Research analyst Hunter Keay said during JetBlue's earnings call. Customers' response to JetBlue's premium cabin...

  • WILMINGTON, Del.— A Delaware bankruptcy judge said Tuesday that he's willing to approve bid procedures for the sale of RadioShack's intellectual property, including data on millions of customers. RadioShack, which won court approval last month to sell more than 1,740 of its stores to hedge fund Standard General LP, is now seeking to auction off its intellectual...

  • Iron Mountain to buy Recall Holdings for about $2.2 bln Tuesday, 28 Apr 2015 | 11:02 AM ET

    April 28- Document and data storage services company Iron Mountain Inc said it will buy Australia- listed data protection services provider Recall Holdings Ltd for about $2.2 billion in cash and stock. Atlanta, Georgia- based Recall rejected an offer of A $7 per share from Boston- based Iron Mountain in December, saying the premium was too low.

  • WASHINGTON, April 28- Hailing the U.S.- Japan partnership as "indestructible," President Barack Obama on Tuesday hosted Prime Minister Shinzo Abe during a visit to showcase deeper defense ties and advance a Pacific trade pact as the two allies seek to counter China's growing power in the region. But while Japan moves to loosen restrictions on its post- war...

  • Mohegan Sun casinos report boost in 2nd-quarter profit Tuesday, 28 Apr 2015 | 10:02 AM ET

    HARTFORD, Conn.— The parent company of the Mohegan Sun casinos in Connecticut and Pennsylvania reported a strong second quarter Tuesday, as revenue dropped only slightly while profit jumped 56 percent on increased table game popularity and reduced expenses since Mohegan Sun no longer is seeking a Massachusetts casino license after being rebuffed.

  • Carbonite reports 1Q loss Tuesday, 28 Apr 2015 | 8:51 AM ET

    BOSTON _ Carbonite Inc. on Tuesday reported a loss of $6.2 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share. Three analysts surveyed by Zacks expected $32.2 million.

  • Iron Mountain beats 1Q profit forecasts Tuesday, 28 Apr 2015 | 6:33 AM ET

    BOSTON _ Iron Mountain Inc. on Tuesday reported first-quarter net income of $41.1 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Seven analysts surveyed by Zacks expected $770.5 million.

  • Sales of single-family homes were up almost 1 percent, according to The Warren Group, a Boston- based publisher of real estate data. These homes were shopped and deals signed during January and some in February, just as the snowstorms were beginning to roll in, "said Timothy Warren Jr., CEO of The Warren Group. The median price rose less than 1 percent to $317,400,...

  • WASHINGTON, April 28- President Barack Obama will host Japanese Prime Minister Shinzo Abe for White House talks on Tuesday to showcase newly strengthened defense ties and advance a long-delayed Pacific trade deal as the two allies seek to counter China's rising influence in Asia. A deal between economic power houses Japan and the United States is vital to...

  • Boston Properties reports 1Q results Monday, 27 Apr 2015 | 6:04 PM ET

    BOSTON _ Boston Properties Inc. on Monday reported a key measure of profitability in its first quarter. The average estimate of 15 analysts surveyed by Zacks Investment Research was for funds from operations of $1.24 per share. Boston Properties expects full-year funds from operations to be $5.35 to $5.45 per share.

  • On this score my feeling is no different from my predecessor prime ministers, "he told students at Harvard's John F. Kennedy Jr. Forum in Cambridge, Massachusetts. Abe was visiting Boston ahead of a meeting with President Barack Obama on Tuesday in Washington and a high-profile speech to a joint session of Congress on Wednesday, the first by a Japanese leader.

  • BOSTON— A backpack strap used by an Apollo 14 astronaut as he moved around the surface of the moon in 1971 has sold at auction for nearly $42,000. Massachusetts- based RR Auction says the strap that Edgar Mitchell brought back as a souvenir of the mission fetched $41,806 this week. The suit he wore is on display at the National Air and Space Museum in Washington.

  • BOSTON— Drivers for ride-hailing services such as Uber or Lyft would be required to undergo state criminal background checks, and the companies would be required to carry at least $1 million in liability insurance for each ride, under legislation filed Friday by Gov. Under the measure, which needs approval from the House and Senate, all drivers for ride-hailing...

  • Clarification: New England Energy story Friday, 24 Apr 2015 | 11:20 AM ET

    HARTFORD, Conn.— In a story April 23 about energy policy, The Associated Press reported that five of New England' s six governors said they would work across the region while each state pursues individual projects. New England governors discuss ways to chop energy prices. HARTFORD, Conn.— New England' s governors agreed Thursday to a mix of regional and state actions...

  • NEW YORK— Scholastic will sell its educational technology and services unit to Houghton Mifflin Harcourt for $575 million in cash. It brought in $249 million in revenue in fiscal 2014, which ends May 31 for New York- based Scholastic. Houghton Mifflin Harcourt Co., based in Boston, expects the acquisition to strengthen its offerings in growth areas, including...

  • State Street tops 1Q profit forecasts Friday, 24 Apr 2015 | 6:54 AM ET

    BOSTON _ State Street Corp. on Friday reported first-quarter profit of $409 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Fifteen analysts surveyed by Zacks expected $2.67 billion.

  • The Massachusetts Bay Transportation Authority offered the free rides on all modes of transportation, including trolleys, buses and commuter rail trains. Patricia Varon, of Somerville, said she appreciated the free ride but felt the T needed to be better managed. I don't really particularly think so, "said Varon, outside the Park Street station in downtown...