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  • NEW YORK, April 22- A U.S. judge has invalidated two patents owned by Intellectual Ventures just weeks before its lawsuit against Japanese security software provider Trend Micro Inc over the same patents was set to go to trial. The ruling came after Trend Micro and Symantec asked Stark to analyze the patents, which relate to email and software security, to...

  • Sallie Mae beats 1Q profit forecasts Wednesday, 22 Apr 2015 | 4:57 PM ET

    NEWARK, Del.— SLM Corp. on Wednesday reported first-quarter profit of $47.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Sallie Mae expects full-year earnings in the range of 57 cents to 59 cents per share.

  • NEW YORK, April 22- A U.S. judge has invalidated two patents owned by Intellectual Ventures just weeks before its lawsuit against Japanese security software provider Trend Micro Inc, which centers on the patents, was set to go to trial. The ruling came as both Trend Micro and Symantec had asked Stark to analyze the patents, which relate to email and software...

  • DISTRICT JUDGE LEONARD STARK IN DELAWARE SAYS INTELLECTUAL VENTURES SOFTWARE-SECURITY PATENTS TOO ABSTRACT TO DESERVE PROTECTION.

  • April 22- DuPont is buying a California- based microbiome discovery company for development of biological crop products, a move that the chemical and crop company hopes will give it an edge in an emerging agricultural market. DuPont's announcement on Wednesday did not disclose how much it is paying for Taxon Biosciences Inc, but said the 15- year-old company...

  • Rosa DeLauro, a liberal stalwart from New Haven, finds herself in an unusual spot: She's fiercely opposed to President Barack Obama on a key issue. The 13- term congresswoman is organizing opposition to legislation backed by Obama that would allow Congress to vote up or down, without amendments, a trade pact with 11 Pacific nations. Joe Courtney also opposes the...

  • VA pledges broad review of claims processing Wednesday, 22 Apr 2015 | 3:12 AM ET

    WASHINGTON— The Department of Veterans Affairs said Wednesday it has launched a top-down review of its handling of disability claims and pledged to punish those who falsify data as pressure mounted on Capitol Hill for personnel changes amid mismanagement investigations in Philadelphia and other VA facilities. Separately, the office of the VA inspector...

  • WASHINGTON— Emotional disagreements over trade erupted in Congress on Wednesday, when a liberal senator delayed a committee's likely endorsement of a top trade priority for President Barack Obama. Bernie Sanders, I-Vt., a fierce opponent of the trade legislation, invoked a Senate scheduling rule to delay the committee's actions for hours.

  • Navient misses 1Q profit forecasts Tuesday, 21 Apr 2015 | 5:07 PM ET

    WILMINGTON, Del. _ Navient Corp. on Tuesday reported first-quarter net income of $292 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Navient shares have dropped 5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 2 percent.

  • Taj Mahal wants judge to penalize union over letters Tuesday, 21 Apr 2015 | 11:58 AM ET

    A bankruptcy judge in Delaware will consider a request Wednesday by Trump Entertainment Resorts to force Local 54 of the Unite-HERE union to acknowledge that letters it sent to Taj Mahal customers urging them to take their business elsewhere were misleading. The campaign began shortly before the judge granted Trump Entertainment's request in October to...

  • PARIS, April 21- Proxy advisory firms are threatening to block key financial resolutions at French aerospace group Safran, opening a second front in a battle between the French government and institutional investors over a new corporate law. Safran has been able to sidestep the row over "one share, one vote" at companies such as Renault because it already has a...

  • DuPont reports decline in first-quarter earnings Tuesday, 21 Apr 2015 | 6:15 AM ET

    The Wilmington, Del., chemical maker on Tuesday reported net income for the quarter ending March 31 $1.03 billion, or $1. 13 per share, compared with $1.4 billion, or $1.54 per share, for the corresponding quarter last year. Excluding one-time items, DuPont reported earnings of $1.34, down from $1.58 per share for the first quarter of 2014 but higher than the Wall...

  • Correction: Bird Flu story Friday, 17 Apr 2015 | 6:24 PM ET

    ST. PAUL, Minn.— In a story April 16 about bird flu, The Associated Press reported erroneously that recent outbreaks had led to the death of more than 2.5 million turkeys and chickens. USDA veterinarian: Bird flu outbreak could be' devastating'. Top USDA veterinarian: Bird flu outbreak may last for years and be' devastating' to poultry.

  • Clifford spoke on a visit to Minnesota, the state hit hardest by outbreaks that have cost Midwest producers over 2 million turkeys and chickens since early March. He said the fact that the highly pathogenic H5N2 virus has already appeared as far east as southern Ontario means there's an uncomfortable risk of it spreading to the East Coast where much of the U.S....

  • Bird flu outbreak could head eastward with fall migration Wednesday, 15 Apr 2015 | 5:00 PM ET

    Now they're preparing for the worst, said Donna Carver, extension veterinarian at North Carolina State University. The highly pathogenic H5N2 avian influenza strain has turned up since December in commercial poultry farms, backyard flocks wild birds in the Pacific and Central flyways, but it's done the most damage in the heavily traveled Mississippi Flyway,...

  • Audit finds wide mismanagement at Philadelphia VA Wednesday, 15 Apr 2015 | 10:18 AM ET

    WASHINGTON— Unreasonable workloads and poor leadership at the Veterans Affairs facility in Philadelphia have led to mismanagement and delays in handling veterans' disability and pensions claims, according to a government audit released Wednesday. In a blistering 79- page report, the VA's inspector general cites a litany of problems, all part of a rush to...

  • Court: Wal-Mart can exclude gun sales proposal from proxy Wednesday, 15 Apr 2015 | 3:01 AM ET

    DOVER, Del.— A federal appeals court has ruled that Wal-Mart can exclude from its 2015 proxy statement a shareholder's proposal to review the sale of some guns. The appeals court in Philadelphia on Tuesday reversed a 2014 ruling ordering Wal-Mart to include the proposal from Trinity Wall Street Church in New York. The Episcopal parish wants shareholders to vote...

  • NEW YORK, April 14- JPMorgan Chase& Co is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview. Loans that fund smaller leveraged buyouts, where companies often do not have the size or financial resources to weather a business downturn,...

  • April 14- A federal appeals court on Tuesday lifted an injunction that would have required Wal-Mart Stores Inc to let shareholders vote on a proposal to tighten oversight of its sale of guns with high-capacity magazines. District Judge Leonard Stark that would have required a vote at Wal-Mart's annual meeting in June. The church's proposal would have...

  • April 14- A federal appeals court on Tuesday said Wal-Mart Stores Inc will not be required to let shareholders vote at its annual meeting on a proposal to force tighter oversight of its sale of high-capacity guns. The proposal by Trinity Church, a historic church in downtown Manhattan, would have required Wal-Mart's board to more closely examine the sale of...