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  • Morningstar posts 3Q profit Wednesday, 22 Oct 2014 | 7:09 PM ET

    CHICAGO _ Morningstar Inc. on Wednesday reported earnings of $30.2 million, or 67 cents per share, in its third quarter. The company, based in Chicago, posted revenue of $193.1 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Horace Mann misses 3Q profit forecasts Wednesday, 22 Oct 2014 | 7:03 PM ET

    SPRINGFIELD, Ill. _ Horace Mann Educators Corp. on Wednesday reported third-quarter earnings of $25.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency did not adequately analyze the impact of one of the new herbicide's active ingredients, 2,4- D, before granting approval on Oct. 15 to Dow's Enlist Duo herbicide. "They did not do an adequate job," said Andrew Kimbrell, an attorney with...

  • Oct 22- Drugmakers Abbott Laboratories and Mylan Inc on Wednesday declined to explain in detail why they changed the terms of a $5.3 billion deal in which Mylan will buy part of Abbott's overseas generics business and reincorporate for tax purposes in the Netherlands. Windau said many investors had feared the new Treasury rules might derail the deal, and they...

  • United Stationers tops 3Q revenue forecasts Wednesday, 22 Oct 2014 | 4:21 PM ET

    DEERFIELD, Ill. _ United Stationers Inc. on Wednesday reported profit of $38.2 million, or 98 cents per share, in its third quarter. Analysts expected $1.35 billion, according to Zacks. United Stationers shares have decreased 11 percent since the beginning of the year.

  • California malpractice cap generates big spending Wednesday, 22 Oct 2014 | 3:55 PM ET

    SACRAMENTO, Calif.— Bob Pack wanted to go after the HMO doctors for recklessly prescribing painkillers to a drug-abusing nanny who ran over his 10- year-old son and 7- year-old daughter as they were heading for ice cream one early fall evening in 2003.. But under California's 1970 s-era medical malpractice law there was a $250,000 cap on pain and suffering.

  • Boeing books first sales to Iran since 1979 Wednesday, 22 Oct 2014 | 3:21 PM ET

    SEATTLE, Oct 22- Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between U.S. aerospace companies and Iran since the 1979 U.S. hostage crisis. The sales did not include spare parts for aircraft, which were thought to be likely since Iran Air's fleet of planes includes vintage...

  • UPDATE 4-Boeing profit jumps 18 pct, but cash is scarce Wednesday, 22 Oct 2014 | 3:01 PM ET

    Last year, Boeing blew past its cash forecast, booking $9.7 billion in operating cash flow before pension contributions, compared with a forecast of more than $8.5 billion. But this year Boeing has a lower forecast of more than $7 billion, and in the first nine months has booked only $4.6 billion. He didn't provide details, and Boeing's official forecast rose to "...

  • A Republican Senate means changing the chairmen Wednesday, 22 Oct 2014 | 1:58 PM ET

    WASHINGTON— If Republicans win the Senate, the Pentagon should brace for constant grilling from Sen. The size of a Republican majority would determine committee ratios and budgets; more seats in the Senate translate into a greater advantage on the panels. "If we lose the Senate, for one thing, the way this Senate's been operating, they could end up blocking all my...

  • The top 20 US cities for tech startup funding Wednesday, 22 Oct 2014 | 1:44 PM ET

    About half of that funding went to San Francisco and Silicon Valley, according to the National Venture Capital Association. 1. San Francisco, $9.32 billion, 506 deals. 2. San Jose, California, $3.78 billion, 237 deals.

  • Norfolk Southern CEO says rail mergers won't work Wednesday, 22 Oct 2014 | 12:07 PM ET

    OMAHA, Neb.— Norfolk Southern Corp.' s CEO doesn't think railroad mergers are a good idea even if regulators might approve one. CP CEO Hunter Harrison said Tuesday that talks fell apart after several meetings because they couldn't agree on key issues. CP also considered approaching Norfolk Southern, but opted not to after deciding CSX was a better fit.

  • Oct 22- Polaris Industries Inc reported a higher-than-expected quarterly profit on Wednesday, lifted by strong demand for its snowmobiles, motorcycles and other off-road and specialty vehicles in every region outside Europe. But in a measure of Polaris's operating efficiency and pricing power, the company reported it was still able to post double-digit...

  • Spot will cost you: Pet rents become apartment fad Wednesday, 22 Oct 2014 | 10:53 AM ET

    Now, a monthly rental payment ranging from $10 to $50 is quickly becoming the norm, adding to the cost. With a third of the country's population— 103 million people— living in apartments, according to the Arlington, Virginia- based National Apartment Association, loads of pet owners are facing extra costs. That's something Fred Lopez, of the small Los Angeles suburb...

  • Grain mostly higher, livestock higher Wednesday, 22 Oct 2014 | 10:49 AM ET

    CHICAGO— Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.1925 a bushel; Dec corn was 1.50 cents lower at $3.5450 a bushel; Dec oats were unchanged at $3.51 a bushel; while Nov soybeans gained 7.75 cents to $9.72 a bushel. Dec live cattle was. 75 cent higher at $1.6780 pound; Oct feeder...

  • Oct 22- Boston Scientific Corp on Wednesday posted a third-quarter profit on increased sales of its implantable heart devices and raised its full-year revenue outlook, sending its shares up more than 3 percent. Sales of cardiac rhythm management devices, including implantable defibrillators and pacemakers, rose 3 percent to $480 million from a year earlier.

  • Abbott tops 3Q profit expectations Wednesday, 22 Oct 2014 | 7:57 AM ET

    NORTH CHICAGO, Ill.— Abbott Laboratories' third-quarter earnings sank 44 percent to $538 million compared to last year, but the drugmaker's performance topped analysts' expectations. In the third quarter, Abbott, which also makes infant formula and medical devices, earned $538 million, or 36 cents per share. The combined total of $5.62 billion edged past the...

  • Passenger jets push Boeing's profit up 18 percent Wednesday, 22 Oct 2014 | 7:42 AM ET

    NEW YORK— Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year. In the past quarter alone, Boeing booked 501 net plane orders, bringing its backlog up to more than 5,500 airplanes valued at a record $430 billion. During the quarter, Boeing delivered...

  • Oct 22- Polaris Industries Inc reported a higher-than-expected quarterly profit on Wednesday, lifted by double-digit percentage sales growth for all its motorized vehicles and especially strong demand in North America. Third-quarter net income from continuing operations rose to $140.8 million, or $2.06 a share, from $116.9 million, or $1.64 a share, a year...

  • Polaris beats, raises full-year forecast yet again Wednesday, 22 Oct 2014 | 6:34 AM ET

    Oct 22- Polaris Industries Inc reported a higher-than-expected quarterly profit on Wednesday, lifted by double-digit percentage sales growth for all its motorized vehicles and especially strong demand in North America. Polaris posted a third-quarter net profit of $140.8 million, or $2.06 a share, from continuing operations, up from $116.9 million, or $1.64...

  • CHICAGO, Oct 21- With rain delaying the U.S. harvest and domestic and export use of crops strong, the squeeze on storage space in the world's biggest food exporter is not as bad as many feared, a top grain market analyst said on Tuesday. But the fact that we are stretching harvest out means that every day you are consuming another 70 million bushels, " Darrel Good,...