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  • US STOCKS-Wall St up slightly ahead of jobs report Thursday, 5 Mar 2015 | 3:15 PM ET

    *AbbVie to buy Pharmacyclics for about $21 bln. NEW YORK, March 5- U.S. stocks were modestly higher on Thursday after two days of declines as investors held back on big bets ahead of Friday's jobs report, which is expected to be a big factor in influencing the timing of a Federal Reserve interest rate hike. "People are taking a wait-and-see approach ahead of the jobs...

  • MIAMI, March 5- A $5 million class-action lawsuit filed this week in Florida accuses hardwood and laminate flooring giant Lumber Liquidators, Inc of selling products laden with cancer-causing chemicals. Senator Bill Nelson of Florida, the ranking Democrat on the Senate Committee on Commerce, Science and Transportation, called on federal agencies Wednesday...

  • Grain lower, livestock mixed Thursday, 5 Mar 2015 | 10:53 AM ET

    CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery unchanged at $4.96 a bushel; May corn was 1.25 cents higher at $3.8975 a bushel; May oats were unchanged at $2.8475 a bushel; while May soybeans lost at 5 cents to $9.89 a bushel. April live cattle was. 05 cent higher at $1.5410 a pound; May feeder cattle was. 18...

  • WASHINGTON, March 5- The Obama administration weighed national standards to control explosive gas in oil trains last year but rejected the move, deciding instead to leave new rules to North Dakota alone. The administration's internal debate shows that concern about the risks associated with oil trains reached the upper level of the White House.

  • *AbbVie to buy Pharmacyclics for about $21 bln. NEW YORK, March 5- U.S. stocks were little changed on Thursday, in the wake of two days of declines on the S&P 500, as gains were curbed by a higher-than-expected initial jobless claims report ahead of a report on factory orders. "That's a bit of an uptick because we've been pretty consistently in the upper 200,000 range,"...

  • *AbbVie to buy Pharmacyclics for about $21 bln. *Costco climbs in premarket after results. "That's a bit of an uptick because we've been pretty consistently in the upper 200,000 range," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

  • Methode tops 3Q profit forecasts Thursday, 5 Mar 2015 | 6:48 AM ET

    CHICAGO _ Methode Electronics Inc. on Thursday reported fiscal third-quarter net income of $27.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Four analysts surveyed by Zacks expected $209.7 million.

  • Ares Commercial Real Estate posts 4Q profit Thursday, 5 Mar 2015 | 6:33 AM ET

    CHICAGO _ Ares Commercial Real Estate Corp. on Thursday reported fourth-quarter net income of $8.9 million. Ares Commercial Real Estate expects full-year earnings to be $1.02 to $1.14 per share. Ares Commercial Real Estate shares have climbed almost 6 percent since the beginning of the year.

  • March 5- AbbVie Inc is to buy Pharmacyclics Inc for about $21 billion, giving it access to what is expected to be one of the world's top-selling cancer drugs and expanding its reach in the profitable oncology field. AbbVie will pay $261.25 per share in cash and stock, a 13 percent premium to Pharmacyclics stock's closing price on Wednesday. Deutsche Bank analyst...

  • *Trade flows in Asia changing due to stronger greenback. *Japan reducing corn purchases from US, taking more S.America. Japan, the world's top corn importer, has seen the yen drop around 14 percent against the greenback since September, while the rupiah in Indonesia, Asia's biggest wheat buyer, has lost about 11 percent.

  • *AbbVie to pay $261.25 per share in cash and stock. The deal gives AbbVie access to Pharmacyclics' cancer drugs portfolio, lessening the Chicago- based company's dependence on its rheumatoid arthritis drug Humira that accounts for most of its sales. "Imbruvica is not only complementary to AbbVie's oncology pipeline, it has demonstrated strong clinical...

  • AbbVie will spend about $21 billion to buy fellow drugmaker Pharmacyclics and add another major revenue producer to a portfolio that already includes the world's top-selling drug. AbbVie executives told analysts on Thursday that their company could reap more than $7 million in annual sales from Imbruvica in a few years. While AbbVie touted the potential...

  • March 4- A plan by McDonald's Corp to phase out chicken raised with certain kinds of antibiotics at its 14,000 U.S. restaurants will put additional pressure on an already-stressed supply chain. Available product has been so tight that when six of the largest U.S. school districts tried to make the switch to antibiotic-free poultry last year, chicken sellers...

  • LAS VEGAS— A federal judge in Chicago ruled Wednesday that a bankrupt division of Caesars Entertainment Corp. can tap some of the $847 million in cash it has on hand for at least five weeks. Judge Benjamin Goldgar said Caesars Entertainment Operating Co. could access its cash in the interim despite objections from some of the company's creditors.

  • The Army Corps of Engineers said it hired Illinois- based Great Lakes Dredge and Dock Company to dredge the outer harbor, beginning in the Savannah River off Tybee Island and extending into the Atlantic Ocean. East Coast seaports including Savannah are scrambling for deeper channels to make room for supersized cargo ships expected to begin arriving via an...

  • SP Plus posts 4Q profit Wednesday, 4 Mar 2015 | 6:07 PM ET

    CHICAGO _ SP Plus Corp. on Wednesday reported fourth-quarter net income of $9.2 million. SP Plus expects full-year earnings in the range of 93 cents to $1.03 per share. SP Plus shares have dropped nearly 10 percent since the beginning of the year.

  • Fed survey finds US economy growing at moderate pace Wednesday, 4 Mar 2015 | 2:01 PM ET

    The Boston district said businesses in its area remained upbeat despite a series of huge snowstorms. Fed Chair Janet Yellen delivered the central bank's semiannual economic report to Congress last week and indicated that the Fed is still willing to be "patient" in terms of raising interest rates because of weak wage growth and inflation well below the Fed's 2...

  • Technology is raising a high bar for high-end mixology Wednesday, 4 Mar 2015 | 1:42 PM ET

    Take the "Highlander," a cocktail offered at Barmini in Washington, D.C. The drink is a combination of bartender Juan Coronado's favorite highland ingredients, scotch and mezcal from Oaxaca, combined with a touch of simple syrup and served in a glass with a floating cloud of creme de cocoa, rosemary, citrus peels and dry ice. "It's quite amazing to see this floating...

  • Grain mostly lower, livestock higher Wednesday, 4 Mar 2015 | 11:04 AM ET

    CHICAGO— Grain futures were mostly lower Wednesday on the Chicago Board of Trade. Wheat for May delivery were off 10 cents to $4.96 a bushel; May corn fell 1.50 cents to 3.8950 a bushel; May oats were 1 cent higher at $2.8475 a bushel; while May soybeans declined 18.25 cents to $9.94 a bushel. April live cattle was up 3 cents to $1.5405 a pound; May feeder cattle rose 4.50...

  • March 4- McDonald's Corp's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous' superbugs.'. The world's biggest restaurant chain announced on Wednesday that within two...