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  • UPDATE 2-TJ Maxx raises wages, following Wal-Mart's lead Wednesday, 25 Feb 2015 | 1:39 PM ET

    Feb 25- It didn't take long for a big retailer to follow the lead of Wal-Mart Stores in raising minimum pay for workers. The announcement comes less than a week after Wal-Mart, the world's largest retailer, announced that it was giving half a million U.S. workers a raise, bringing its minimum hourly pay to $9 in 2015 and $10 next year. Analysts had predicted that other...

  • ADM cuts biodiesel output as industry hit by weak margins Wednesday, 25 Feb 2015 | 1:23 PM ET

    WINNIPEG/ NEW YORK, Feb 25- Archer Daniels Midland, one of the world's top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand. The Chicago- based agri business has "temporarily" shifted production at its Velva, North Dakota, oilseeds...

  • Grain lower, livestock higher Wednesday, 25 Feb 2015 | 10:53 AM ET

    CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for May delivery unchanged at $5.0375 a bushel; May corn was 1.50 cents lower at $3.84 a bushel; May oats were unchanged at $2.7275 a bushel; while May soybeans lost 1 cent to $10.1775 a bushel. April live cattle was 1.08 cent higher at $1.4665 a pound; March feeder cattle was...

  • Feb 25- Dollar Tree Inc posted better-than-expected quarterly sales on Wednesday and said it expected to reach an agreement with the U.S. antitrust regulator by early March on store divestitures to get approval for its acquisition of larger rival Family Dollar Stores Inc.. Dollar Tree said it remained confident it would not have to divest more than 300 stores...

  • U.S. Cellular reports 4Q loss Wednesday, 25 Feb 2015 | 9:51 AM ET

    CHICAGO _ United States Cellular Corp. on Wednesday reported a fourth-quarter loss of $21.3 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 64 cents per share. Analysts expected $1.04 billion, according to Zacks.

  • SYDNEY, Feb 25- Australia and the United States, two of the world's biggest wheat exporters, are racing to become mass producers of the South American "super food" quinoa and tap a gluten-free market expected to be worth more than $6 billion by 2018.. "We have been growing quinoa for about five years now, and as the market has grown, there is little shortage of other...

  • Motorola aims new phone at first-time smartphone buyers Wednesday, 25 Feb 2015 | 9:31 AM ET

    NEW YORK— Motorola is updating its low-cost smartphone, the Moto E, as it targets first-time smartphone buyers worldwide. The 4 G model will cost $150 in the U.S., while the 3 G will go for $120, both without contract requirements. Motorola, which Lenovo Group bought from Google Inc. in October, has been trying to set itself apart from other phone makers by selling...

  • TDS reports 4Q loss Wednesday, 25 Feb 2015 | 9:09 AM ET

    CHICAGO _ Telephone& Data Systems Inc. on Wednesday reported a loss of $16.5 million in its fourth quarter. Cellular and TDS Telecom posted revenue of $1.3 billion in the period. Keywords: Telephone& Data Systems, Earnings Report.

  • Feb 25- Dollar Tree Inc's quarterly sales rose about 11 percent, helped by higher demand for party supplies, household products and food during the holiday season. Shares of Dollar Tree, which sells items for $1 or less at its namesake chain, rose 1.2 percent to $78.40 in light premarket trading. Dollar Tree, which will replace Dollar General Corp as the No.1 U.S....

  • Dollar Tree's quarterly sales rise about 11 pct Wednesday, 25 Feb 2015 | 7:43 AM ET

    Feb 25- Dollar Tree Inc's quarterly sales rose about 11 percent, helped by higher demand for party supplies, household products and food during the holiday season. Dollar Tree said this month that the U.S. antitrust regulator was reviewing more than 500 stores for divestiture. The company's net income fell to $206.6 million, or $1.00 per share, in the fourth...

  • R.R. Donnelley posts 4Q profit Wednesday, 25 Feb 2015 | 6:54 AM ET

    CHICAGO _ R.R. Donnelley& Sons Co. on Wednesday reported fourth-quarter earnings of $19.5 million. R.R. Donnelley expects full-year revenue in the range of $11.7 billion to $11.9 billion. R.R. Donnelley shares have increased 11 percent since the beginning of the year.

  • Feb 25- Lowe's Cos Inc, the No. 2 U.S. home improvement chain, reported same-store sales well above analysts' estimates as lower gas prices and an improving job market encouraged Americans to spend more on home renovations. The forecast translates to sales of $58.75- $59.04 billion- above the average analyst estimate of $58.52 billion, according to Thomson Reuters...

  • *Euronext to imminently relaunch wheat futures contract. *Euronext raises EBITDA margin target. Feb 25- Euronext's 20 years of experience in wheat futures and a planned relaunch of its contracts will help the exchange operator cope if U.S. rival CME Group enters the European wheat market, a senior executive said on Wednesday.

  • Lowe's fourth-quarter sales up 7.5 pct Wednesday, 25 Feb 2015 | 6:10 AM ET

    Feb 25- Lowe's Cos Inc, the No. 2 U.S. home improvement products retailer, reported a 7.5 percent rise in quarterly sales as lower gas prices and an improving job market encouraged Americans to spend more on home renovations. Net income rose to $450 million, or 46 cents per share, in the fourth quarter ended Jan. 30, from $306 million, or 29 cents per share, a year earlier.

  • Huron Consulting tops 4Q profit forecasts Tuesday, 24 Feb 2015 | 6:25 PM ET

    CHICAGO _ Huron Consulting Group Inc. on Tuesday reported fourth-quarter earnings of $12.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. Huron Consulting expects full-year earnings in the range of $3.70 to $4 per share, with revenue in the range of $880 million to $920 million.

  • CHICAGO, Feb 24- Results from Home Depot Inc and Toll Brothers Inc bode well for a continued recovery in the housing market this year, thanks largely to an improving jobs market and low gasoline prices, industry officials and analysts said. Luxury home builder Toll Brothers also lifted its full-year home delivery forecast. Private residential fixed investment...

  • FOB Gulf Grain-Soybean offers ease on slowing demand Tuesday, 24 Feb 2015 | 6:07 PM ET

    Feb 24- Soybean export premiums at the U.S. Gulf Coast eased on Tuesday on slowing demand for U.S. supplies as newly harvested South American beans began to flood the global market, traders said. *FOB hard red winter wheat basis offers were firm after a large sale to Egypt's government buyer, while Gulf corn and soft red winter wheat export premiums were mostly...

  • Century misses 4Q profit forecasts Tuesday, 24 Feb 2015 | 5:12 PM ET

    CHICAGO _ Century Aluminum Co. on Tuesday reported fourth-quarter net income of $61.8 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 66 cents per share. Analysts expected $510.2 million, according to Zacks.

  • The American Progressive Bag Alliance, which represents bag manufacturers, had about 50,000 more valid signatures than the 505,000 needed to qualify the referendum after a random sample of the signatures was tallied, said Bill Mabie, chief deputy for Secretary of State Alex Padilla. "California voters will now have the chance to vote down a terrible law that, if...

  • NEW YORK— When "Modern Family" producers revealed that they recorded this week's episode entirely with the iPhone and other Apple products, I was skeptical. Claire uses Apple's FaceTime video-calling software to communicate with the rest of her family as they try to track down Haley. The episode airs on ABC at 9 p.m. ET on Wednesday.