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  • Recalls this week: space heaters, orbital sanders Friday, 30 Jan 2015 | 3:45 PM ET

    About 34,000 oil-filled space heaters are being recalled because they could spray heated oil, posing a scald hazard. Other recalled products this week include orbital sanders with a short-circuit hazard and candles that are a fire hazard. They were sold at Target and small department stores nationwide from August 2014 through November 2014.

  • WILLISTON, N.D., Jan 30- Chevron Corp halted its 2015 share repurchase program on Friday, a move designed to conserve cash amid tumbling oil prices and its latest cost-cutting step after slashing capital spending. The move echoed similar steps earlier this week by Royal Dutch Shell, Hess Corp, ConocoPhillips and others to conserve cash in an environment where the...

  • MONTPELIER, Vt.— Vermont's state auditor is asking lawmakers to beef up the information consumers can get when deciding where to have a medical procedure done. Auditor of Accounts Doug Hoffer, joined by Andrew Stein, a special investigator in the auditor's office, told the House Health Care Committee on Friday that the state is falling short in meeting a legal...

  • Correction: Earns-Mitek Systems story Friday, 30 Jan 2015 | 12:32 PM ET

    SAN DIEGO— In a story Jan. 29 about Mitek Systems Inc.' s earnings, The Associated Press reported erroneously, in a report generated by Automated Insights using data from Zacks Investment Research, that the company reported a loss in its first quarter. Mitek Systems posts profit of $146,000 in first quarter. Mitek Systems Inc. on Thursday reported a profit of...

  • WILLISTON, N.D., Jan 30- Chevron Corp halted its 2015 share repurchase program on Friday, a move designed to conserve cash amid tumbling oil prices and its latest cost-cutting step after slashing capital spending. Chief Executive Officer John Watson said Chevron's dividend, currently $1.07 a quarter, remained the "highest priority" for the company's balance...

  • GenCorp posts 4Q profit Friday, 30 Jan 2015 | 10:01 AM ET

    RANCHO CORDOVA, Calif. _ GenCorp Inc. on Friday reported fiscal fourth-quarter net income of $10.1 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Rancho Cordova, California- based company said it had net income of 15 cents. GenCorp shares have fallen 7 percent since the beginning of the year.

  • TriCo tops 4Q profit forecasts Friday, 30 Jan 2015 | 9:07 AM ET

    CHICO, Calif. _ TriCo Bancshares on Friday reported fourth-quarter net income of $5.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Analysts expected $46 million, according to Zacks.

  • NEW YORK— Chevron Corp. said Friday its net income and revenue dropped in the fourth-quarter as oil and gas prices slumped, and the company said it plans significant cuts in spending in 2015.. Chevron said net income sank 30 percent and revenue declined 18 percent in the fourth quarter, as it earned $3.47 billion, or $1.85 per share, on $46.09 billion in revenue.

  • Franklin Resources misses Street 1Q forecasts Friday, 30 Jan 2015 | 8:39 AM ET

    SAN MATEO, Calif. _ Franklin Resources Inc. on Friday reported fiscal first-quarter profit of $566.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. Franklin Resources shares have declined roughly 5 percent since the beginning of the year, while the Standard& Poor's 500 index has declined...

  • WEST HOLLYWOOD, Calif.— Police: Rap mogul' Suge' Knight arrested on murder charge in LA hit-and-run, held on $2 M bail.

  • MoSys reports 4Q loss Friday, 30 Jan 2015 | 7:51 AM ET

    SANTA CLARA, Calif. _ MoSys Inc. on Friday reported a loss of $9 million in its fourth quarter. On a per-share basis, the Santa Clara, California- based company said it had a loss of 18 cents. For the year, the company reported that its loss widened to $32.7 million, or 66 cents per share.

  • Mattel misses Street 4Q forecasts Friday, 30 Jan 2015 | 6:45 AM ET

    EL SEGUNDO, Calif. _ Mattel Inc. on Friday reported fourth-quarter profit of $149.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share. Mattel shares have declined 13 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen nearly 2 percent.

  • SANTA URSULA, Mexico— People in the hamlet of Santa Ursula began to worry when the logging started. In Santa Ursula, some 1.5 miles away, the ground shook and cracks formed in homes, some residents say. "For us, the arroyo is life," said Federico Cohetero, a farmer in Santa Ursula, a hamlet in Oaxaca state six hours southeast of Mexico City.

  • How can Google snap its stock out of its stupor? Friday, 30 Jan 2015 | 3:05 AM ET

    SAN FRANCISCO— Google has turned into a stock market laggard as the shift to mobile devices has lowered the Internet search leader's digital ad prices and the company's expensive investments in far-out technology has trimmed its profit margins. Those factors have left some investors wondering what Google might do to boost its stock price, especially after...

  • China's new tech rules play to local firms' strengths Thursday, 29 Jan 2015 | 11:59 PM ET

    BEIJING/ SAN FRANCISCO, Jan 30- Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups. Western companies say the rules have not yet been...

  • Callaway reports 4Q loss Thursday, 29 Jan 2015 | 7:37 PM ET

    CARLSBAD, Calif. _ Callaway Golf Co. on Thursday reported a loss of $41.5 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share. Analysts expected $138.9 million, according to Zacks.

  • Green Dot reports 4Q loss Thursday, 29 Jan 2015 | 7:33 PM ET

    PASADENA, Calif. _ Green Dot Corp. on Thursday reported a fourth-quarter loss of $844,000, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Green Dot expects full-year earnings in the range of $1.24 to $1.47 per share, with revenue in the range...

  • Aviat reports 2Q loss Thursday, 29 Jan 2015 | 7:19 PM ET

    SANTA CLARA, Calif. _ Aviat Networks Inc. on Thursday reported a loss of $3.3 million in its fiscal second quarter. On a per-share basis, the Santa Clara, California- based company said it had a loss of 5 cents. Keywords: Aviat Networks, Earnings Report.

  • Proofpoint reports 4Q loss Thursday, 29 Jan 2015 | 6:57 PM ET

    SUNNYVALE, Calif. _ Proofpoint Inc. on Thursday reported a loss of $17.4 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. For the current quarter ending in March, Proofpoint expects its results to range from a loss of 9 cents per share to a loss of 8 cents per share.

  • InvenSense beats Street 3Q forecasts Thursday, 29 Jan 2015 | 6:57 PM ET

    SAN JOSE, Calif. _ InvenSense Inc. on Thursday reported fiscal third-quarter net income of $10.2 million, after reporting a loss in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. InvenSense shares have decreased almost 3 percent since the beginning of the year.