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  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, Brazil's second-largest soy export port, now...

  • CHICAGO, Feb 27- Chicago drew closer to a fiscal free fall on Friday with a rating downgrade from Moody's Investors Service that could trigger the immediate termination of four interest-rate swap agreements, costing the city about $58 million and raising the prospect of more broken swaps contracts. "This is an unfortunate wake-up call for anyone still asleep...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil on Friday after police began fining and arresting protesters who have slowed grain deliveries in the commodities powerhouse. But silos at Paranagua, Brazil's second-largest port for soy exports, now have enough soybeans to keep filling ships until March 3, rather than...

  • NEW YORK, Feb 27- The U.S. stock market has been quiet this week- too quiet. Wall Street has traded in a tight range of late, with both volatility and trading volumes drying up as the earnings season winds down and Federal Reserve Chair Janet Yellen's recent Congressional testimony delivered no surprises. "Economic data will be the biggest driver of market moves over...

  • CHICAGO, Feb 27- Chicago's rating downgrade to Baa2 by Moody's Investors Service on Friday could terminate four interest-rate swap agreements, costing the city about $58 million, according to the credit rating agency. The swaps, which the city uses to hedge interest-rate risk on its variable-rate bonds, can be ended by bank counterparties if Chicago's credit...

  • SAN FRANCISCO— Thieves drove a car through a high-end electronics store in the latest crash-and-grab heist in the San Francisco Bay Area. San Francisco police say the crime occurred about 4 a.m. Friday at a store on California Street, causing $100,000 in damage to building. On Jan. 27, thieves smashed a stolen SUV through the front of a Wells Fargo museum in San...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT / 11:00 a.m. ET Friday, 27 Feb 2015 | 11:37 AM ET

    WASHINGTON- U.S. economic growth brakes more sharply than initially thought in the fourth quarter as businesses slow their pace of stock accumulation and the trade deficit widens, but the underlying fundamentals remain solid. CHICAGO- Moody's Investors Service cuts Chicago's already-weak credit rating one notch to Baa2, citing the city's growing costs...

  • Grain lower, livestock mostly higher Friday, 27 Feb 2015 | 10:55 AM ET

    CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for May delivery unchanged at $5.0050 a bushel; May corn was 1.75 cents lower at $3.8675 a bushel; May oats were unchanged at $2.7450 a bushel; while May soybeans lost. 75 cent to $10.2575 a bushel. April live cattle was 1.40 cents higher at $1.5120 a pound; March feeder cattle...

  • CHICAGO, Feb 27- Moody's Investors Service on Friday cut Chicago's already-weak credit rating one notch to Baa2, citing the city's growing costs related to its big unfunded pension liability. The downgrade to Baa2, which is just two notches above the junk level, affects $8.3 billion of Chicago's general obligation bonds. Moody's warned the rating could fall...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, the second-largest soy export port in Brazil,...

  • Airbus says net profit soared in 2014 Friday, 27 Feb 2015 | 3:29 AM ET

    PARIS— Airbus says its net profit soared 59 percent last year as a record-high number of jet deliveries helped offset a 551 million euros end-of-year charge against its delayed A400M military transporter program. At the same time Airbus will cut production of its wide-body A330 series to six a month from early next year, from the current rate of 10 a month.

  • The box is actually a newborn incubator, or baby box, and it could be showing up soon at Indiana hospitals, fire stations, churches and selected nonprofits under legislation that would give mothers in crisis a way to surrender their children safely and anonymously. Indiana could be the first state to allow use of the baby boxes on a broad scale to prevent dangerous...

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • Feb 26- Shares of department store chain J.C. Penney Co Inc tumbled 12 percent in after-hours trade on Thursday after it posted a surprise quarterly loss and forecast small margin improvements this year. J.C. Penney said sales at stores open more than a year rose 4.4 percent in the holiday quarter, the high end of its guidance for 3.5 to 4.5 percent growth, driven by...

  • Envestnet tops 4Q profit forecasts Thursday, 26 Feb 2015 | 6:21 PM ET

    CHICAGO _ Envestnet Inc. on Thursday reported fourth-quarter profit of $3.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Envestnet shares have risen 17 percent since the beginning of the year.

  • Feb 26- Department store chain J.C. Penney Co Inc reported a lower-than-expected quarterly adjusted profit as it discounted more during the holiday season and invested in store expansions. J.C. Penney posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share, a year earlier.

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • Feb 26- Department store chain J.C. Penney Co Inc reported a 3 percent rise in quarterly sales as demand for household goods, apparel and jewelry increased during the holiday shopping season. The company posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share a year earlier.

  • AllScripts reports 4Q loss Thursday, 26 Feb 2015 | 4:15 PM ET

    CHICAGO _ Allscripts Healthcare Solutions Inc. on Thursday reported a loss of $2.2 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. Analysts expected $358.8 million, according to Zacks.

  • CHICAGO— Millions of Americans have a big personal stake in next Wednesday's Supreme Court challenge to the nation's health care law: Can they legally continue to get subsidies to help pay for their insurance? Young and healthy, Ariana Jimenez is just the kind of person the health insurance system needs in order to keep costs down for everyone.