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  • Apple's Mac is selling strong, iPad not so much Tuesday, 28 Apr 2015 | 12:02 AM ET

    SAN FRANCISCO— Apple's iPhone was again the company's star in the first three months of the year. That represented about two-thirds of its $58 billion in revenue. But Cook said he sees a future for the iPad in business settings, where workers can use specialized iPad apps created by IBM and other commercial software developers.

  • LOS ANGELES— Bumble Bee Foods and two managers were charged by Los Angeles prosecutors Monday with violating safety regulations in the death of a worker who was cooked in an industrial oven with tons of tuna. Jose Melena was performing maintenance in a 35- foot-long oven at the company's Santa Fe Springs plant before dawn Oct. 11, 2012, when a co-worker, who...

  • A look at the schools Corinthian Colleges is closing Monday, 27 Apr 2015 | 5:43 PM ET

    Corinthian Colleges canceled classes Monday and shut down all of its remaining 28 ground campuses, displacing about 16,000 students, less than two weeks after the Education Department announced it was fining the for-profit institution $30 million for misrepresentation. Everest— City of Industry, California. Everest— West Los Angeles, California.

  • Barracuda reports 4Q loss Monday, 27 Apr 2015 | 5:18 PM ET

    CAMPBELL, Calif. _ Barracuda Networks Inc. on Monday reported a fiscal fourth-quarter loss of $68.4 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Four analysts surveyed by Zacks expected $71.8 million.

  • Alexandria Real Estate Equities reports 1Q results Monday, 27 Apr 2015 | 5:16 PM ET

    PASADENA, Calif. _ Alexandria Real Estate Equities Inc. on Monday reported a key measure of profitability in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of $1.27 per share. Alexandria Real Estate Equities expects full-year funds from operations to be $5.17 to $5.27 per share.

  • Procera reports 1Q loss Monday, 27 Apr 2015 | 5:12 PM ET

    FREMONT, Calif. _ Procera Networks Inc. on Monday reported a loss of $3.3 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Cadence beats Street 1Q forecasts Monday, 27 Apr 2015 | 5:09 PM ET

    SAN JOSE, Calif. _ Cadence Design Systems Inc. on Monday reported first-quarter profit of $36.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Four analysts surveyed by Zacks expected $408.8 million.

  • WASHINGTON— Reports about a Senate cafeteria worker who makes so little money he is homeless are prompting calls for change from Democrats on Capitol Hill. Lawmakers led by the No. 2 Senate Democrat, Dick Durbin of Illinois, released a letter Monday urging the Senate Rules Committee, which oversees Senate services, to provide a preference to contractors that pay...

  • Sarkar named AP's deputy editor for east region Monday, 27 Apr 2015 | 5:03 PM ET

    PHILADELPHIA— Pia Sarkar, a veteran reporter, editor and newsroom leader, has been named deputy editor for the east for The Associated Press, charged with helping to oversee news coverage in 10 states. The appointment was announced Monday by Karen Testa, editor for the news cooperative's east region, which includes New England, New Jersey, New York, Ohio and...

  • *Amgen's fall drags downs biotech stocks. April 27- U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen. Amgen shares led the S&P 500 and Nasdaq's decline, dropping 3.3 percent to $162.38 after U.S. regulators said Amgen's skin cancer immunotherapy cannot be considered for an...

  • CHICAGO, April 27- Initial tests have found five probable new cases of the rapidly spreading avian influenza on commercial poultry sites in Iowa, affecting an estimated 6 million birds, the state's agriculture department and the U.S. Department of Agriculture said on Monday. If these tests are positive, the state's tally of egg-laying chickens affected by the...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike against four trucking firms on Monday, demanding recognition as employees rather than contractors in a move reviving labor tension around the country's busiest cargo hub. Delegations of drivers notified the companies of their intent to...

  • Apple beats Street 2Q forecasts Monday, 27 Apr 2015 | 4:39 PM ET

    The average estimate of 19 analysts surveyed by Zacks Investment Research was for earnings of $2.19 per share. Fifteen analysts surveyed by Zacks expected $56.6 billion. Analysts surveyed by Zacks had expected revenue of $46.93 billion.

  • US STOCKS-Wall St ends down as biotechs drop 4 pct Monday, 27 Apr 2015 | 4:38 PM ET

    *Amgen's fall drags downs biotech stocks. April 27- U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen. Amgen shares led the S&P 500' s decline, dropping 3.3 percent to $162.38 after U.S. regulators said Amgen's skin cancer immunotherapy cannot be considered for an accelerated review...

  • Apple sold more than 61 million iPhones in the quarter, accounting for more than two-thirds of its $58 billion in revenue for the three-month period and the lion's share of its $13.6 billion in profit. "We're seeing great results all over the world," Apple Chief Financial Officer Luca Maestri told The Associated Press, adding that iPhone sales grew 72 percent in...

  • NEW YORK— The former chief information officer at a California- based technology company who spent years in the Air Force and CIA before entering the corporate world was sentenced Monday to 6½ years in prison for an insider trading scheme that authorities say produced $27 million in illegal profits. Riley, 48, was convicted by a Manhattan federal jury in...

  • PMC-Sierra tops Street 1Q forecasts Monday, 27 Apr 2015 | 4:16 PM ET

    SUNNYVALE, Calif. _ PMC-Sierra Inc. on Monday reported first-quarter net income of $4.7 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. PMC-Sierra shares have decreased slightly more than 3 percent since the beginning of the...

  • Corinthian Colleges closes all 28 remaining campuses Monday, 27 Apr 2015 | 2:37 PM ET

    WASHINGTON— Corinthian Colleges canceled classes Monday and shut down all of its remaining 28 ground campuses, displacing about 16,000 students, less than two weeks after the Education Department announced it was fining the for-profit institution $30 million for misrepresentation. The closures include Heald College campuses in California, Hawaii and...

  • April 27- Chipotle Mexican Grill Inc on Monday said the 46 ingredients used in its roughly 1,800 restaurants were now free of genetically modified organisms, becoming the first major U.S. restaurant chain to make that switch. U.S. diners, particularly those in the sought-after young millennial generation, are seeking fresh foods that are less processed and...

  • DES MOINES, Iowa— Wild birds are believed to be behind the first major widespread outbreak of bird flu in the United States, with the virus confirmed in the animals in 10 states. The number of birds infected climbed to more than 9 million Monday with more reported cases in Iowa. The U.S. Department of Agriculture and the U.S. Geological Survey have reported three...