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  • *Corn sags on technical selling; exports fail to impress. CHICAGO, Jan 29- Chicago Board of Trade wheat futures rose on Thursday, halting a six-session slide and rebounding from a three-month low after the U.S. Department of Agriculture reported larger-than-expected weekly export sales. Wheat rallied after the USDA reported U.S. export sales in the week ended...

  • SAN FRANCISCO, Jan 29- A passenger who said she had been raped by an Uber driver in India's capital sued the online car service in U.S. federal court on Thursday, claiming the company failed to maintain basic safety procedures. India is Uber's largest market outside the United States by the number of cities covered, and the country's radio taxi market is estimated...

  • Abbott CEO losing no sleep over stronger dollar Thursday, 29 Jan 2015 | 3:15 PM ET

    Jan 29- Abbott Laboratories' chief executive officer is not worried about the stronger dollar, telling analysts on Thursday his company will better withstand its painful effects than rivals due to its European factories and growing sales of nutritional products, medical diagnostics and medical optics. Half of its sales are in emerging markets, like China and...

  • The IPO market has been particularly fruitful recently for so-called fast-casual restaurant operators such as burger chain Habit Restaurants Inc and others that hope to replicate the sizzling growth of Chipotle Mexican Grill Inc.. Preliminary demand prompted Shake Shack to raise its expected IPO price to a range of $17 to $19 per share on Wednesday, from...

  • *Corn sags on technical selling; exports fail to impress. CHICAGO, Jan 29- Chicago Board of Trade wheat futures rose on Thursday, halting a six-session slide and rebounding from a three-month low after the U.S. Agriculture Department reported larger-than-expected weekly export sales. Wheat bounced after the USDA reported U.S. export sales in the week ended Jan....

  • NEW YORK— Generic drugmaker Mylan said Thursday that its shareholders approved its purchase of an Abbott Laboratories business and its tax-reducing move to the Netherlands. As part of the purchase, Mylan will reorganize in the Netherlands as a company called Mylan NV, reducing its tax expenses. Mylan says Abbott will own 22 percent of Mylan NV but that it won't...

  • Jan 29- Colgate-Palmolive Co on Thursday reported a rise in an important sales metric, sending its shares up 6 percent as investors shrugged off a lowered earnings forecast. Net sales suffered because of the strong dollar and weak demand in markets such as Brazil and Europe. Sales were down 7.5 percent in Europe and 10 percent in Africa but rose 4.5 percent in Asia.

  • COLUMN-College is not just for the young Thursday, 29 Jan 2015 | 12:25 PM ET

    DCI is similar to a Harvard University's Advanced Learning Initiative, launched in 2009. Both are one-year programs that focus on elite "C-suite" leaders looking to transform the second half of their careers, and both are expensive. DCI costs $60,000, not including housing; tuition and other costs of the Harvard program are similar. Pizzo, who just turned 70,...

  • DES MOINES, Iowa— Closing in on a decision about whether to again run for president, Mitt Romney is finding that several past major fundraisers and donors in key states have defected to former Florida Gov. The donors, in interviews with The Associated Press, said they see in Bush what they liked about Romney in 2012, namely what they believe it takes to serve...

  • Senate panel approves Iran sanctions bill Thursday, 29 Jan 2015 | 11:18 AM ET

    WASHINGTON— A bill that would levy tough new sanctions on Iran if it fails to sign an agreement to curb its nuclear program cleared a Senate committee on Thursday. Republican and Democratic members of the Senate Banking, Housing and Urban Affairs Committee voted 18-4 to pass the bill aimed at ramping up economic pressure on Iran starting in July if it doesn't ink...

  • Grain lower, livestock mixed Thursday, 29 Jan 2015 | 11:03 AM ET

    CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $5.0525 a bushel; Mar corn was 3.75 cents lower at $3.6950 a bushel; Mar oats were unchanged at $2.8750 a bushel; while Mar soybeans lost 1.75 cents to $9.6850 a bushel. Apr live cattle was 1.15 cents higher at $1.5265 a pound; Mar feeder...

  • Shake Shack IPO is hot but can it match Chipotle? Thursday, 29 Jan 2015 | 10:45 AM ET

    The IPO market lately has been particularly fruitful for so-called fast-casual chains such as Shake Shack rival Habit Restaurants Inc and others that hope to replicate the red-hot growth of burrito chain Chipotle Mexican Grill Inc. Preliminary demand on Wednesday prompted Shake Shack to raise its expected IPO price to a range of $17 to $19 per share from...

  • SunCoke reports 4Q loss Thursday, 29 Jan 2015 | 10:33 AM ET

    LISLE, Ill. _ SunCoke Energy Inc. on Thursday reported a fourth-quarter loss of $65.4 million, after reporting a profit in the same period a year earlier. The Lisle, Illinois- based company said it had a loss of 98 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

  • Brunswick reports 4Q loss Thursday, 29 Jan 2015 | 10:06 AM ET

    LAKE FOREST, Ill. _ Brunswick Corp. on Thursday reported a fourth-quarter loss of $4.3 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Analysts expected $925.5 million, according to Zacks.

  • Mead Johnson tops 4Q profit forecasts Thursday, 29 Jan 2015 | 8:48 AM ET

    GLENVIEW, Ill. _ Mead Johnson Nutrition Co. on Thursday reported fourth-quarter earnings of $158.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. Analysts expected $1.1 billion, according to Zacks.

  • Abbott beats 4Q profit forecasts Thursday, 29 Jan 2015 | 8:06 AM ET

    The Abbott Park, Illinois- based company said it had net income of 59 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Analysts expected $5.48 billion, according to Zacks.

  • William Shatner knows the ups, downs of traveling Thursday, 29 Jan 2015 | 7:56 AM ET

    LOS ANGELES— William Shatner is back as a shrewd, unflappable travel expert in his latest TV commercial for an online company. It was one of the most embarrassing moments of my life, "Shatner said, recalling the incident at Los Angeles International Airport. Shatner returns as the priceline.com Negotiator in a new ad campaign that launches Sunday, with Kaley...

  • Baxter beats Street 4Q forecasts Thursday, 29 Jan 2015 | 7:48 AM ET

    DEERFIELD, Ill. _ Baxter International Inc. on Thursday reported fourth-quarter earnings of $953 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share. Analysts expected $4.35 billion, according to Zacks.

  • The company said Wednesday after markets closed that Don Thompson, who has been CEO for 2 1/ 2 years, was stepping down and would be replaced by Steve Easterbrook, the chief brand officer. Janney Capital Markets analyst Mark Kalinowski said the new CEO faces several key questions like whether the company's menu simplification can be meaningfully accelerated...

  • Cabot posts 1Q profit Thursday, 29 Jan 2015 | 7:00 AM ET

    AURORA, Ill. _ Cabot Microelectronics Corp. on Thursday reported fiscal first-quarter profit of $19.7 million. The Aurora, Illinois- based company said it had profit of 80 cents per share. Keywords: Cabot Microelectronics, Earnings Report.