The Supreme Court ruled that the victims of former Texas tycoon R. Allen Stanford's massive Ponzi scheme can go forward with class-action lawsuits.» Read More
*Cuts 2015 earnings/share forecast to $3.40- $3.70 vs $3.80- $4.00. *Estimates fourth-quarter adjusted earnings/share $0.75- $0.80 vs est $0.93. Woodlands, Texas- based Conn's operates 79 stores in Texas, Louisiana, Arizona, Oklahoma and New Mexico, catering mainly to lower income shoppers.
*Cuts 2015 earnings/share forecast to $3.40- $3.70 vs $3.80- $4.00. Conn's operates 79 stores in Texas, Louisiana, Arizona, Oklahoma and New Mexico. For the year ending Jan. 31, 2015, Conn's forecast earnings of $3.40- $3.70 per share, down from a range of $3.80- $4.00 issued in December.
NEW YORK, Feb 19- U.S. natural gas futures sprinted past $6 on Wednesday to their highest price in more than five years, ending up nearly 11 percent on forecasts that more late winter cold weather across the United States will increase heating demand and deplete increasingly thin supplies.
NEW YORK, Feb 19- Lululemon Athletica Inc says its nearly year-long struggle with bad publicity linked to slowing growth and a messy product recall did not reflect any corporate intent to defraud shareholders, and that an expanded lawsuit suggesting otherwise should be thrown out of court.
Natural gas futures for March delivery settled up 59.8 cents at $6.149 per million British thermal units, after jumping as much as 72.4 cents, or 13 percent, to $6.275 per mmBtu, the highest since December 2008. "This test of $6.00 stinks of speculative involvement," Aaron Calder, senior market analyst with Gelber& Associates in Houston, said in a client note.
NEW YORK, Feb 19- U.S. natural gas futures jumped nearly 13 percent on Wednesday to the highest in more than five years, boosted by forecasts for frigid cold weather across the United States that will further increase gas-fired heating demand and deplete supplies.
Natural gas futures for March delivery gained as much as 53.3 cents by late morning, or 9.6 percent, to reach a high of $6.085 per mmBtu, the highest since Jan. 7, 2010, when prices were at $6.108. The 11-15 day forecast points to "ongoing colder than normal conditions" over much of North America, said meteorologists at MDA Weather Services in Gaithersburg, Maryland.
NEW YORK, Feb 19- U.S. natural gas futures rose to $6 per million British thermal units on Wednesday, the highest in more than four years, boosted by unrelenting forecasts for frigid cold weather across the United States that will further drive heating demand and deplete natural gas supplies.
But in January 2012 an old business acquaintance was ready to go public with accusations of widespread mortgage fraud at Bank of America's Countrywide unit, and he turned to Wasinger.
Prices will rise even further in 2015 and 2016 as demand for electric generation rises with the shutdown of coal power plants and as exports to Mexico, Europe and Asia increase.
NEW YORK, Feb 14- U.S. natural gas prices at Henry Hub, a key supply point in Louisiana, are expected to average $4.37 per million British thermal units in 2014, up 9 percent from a previous poll published in November and up 18 percent the $3.70 average in 2013. For a related story, click on.
NEW YORK, Feb 13- The only three insurance companies in Louisiana that sell healthcare policies under President Barack Obama's healthcare law throughout the state are rejecting payments from a federal program intended to help low-income HIV patients, advocacy groups said on Thursday.
WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.
The former banker, Martin Lack, is a Swiss national who was indicted in 2011 in Florida on a charge of conspiracy to defraud the United States. In a court filing last week, Lack's attorney and the U.S. Department of Justice asked a federal judge in Fort Lauderdale, Florida to set a date for Lack to plead guilty.
NEW YORK, Feb 8- Hundreds of people with HIV/AIDS in Louisiana trying to obtain coverage under President Barack Obama's healthcare reform are in danger of being thrown out of the insurance plan they selected in a dispute over federal subsidies and the interpretation of federal rules about preventing Obamacare fraud.
In 2013, about 20 percent of all new businesses were started by entrepreneurs aged 50 to 59 years. the NYT reports.
*U.S. crude rises above $100 for first time in 2014. NEW YORK, Feb 7- Oil rose by more than $2 to one-month highs on Friday, fueled by a sharp rally in gasoline and heating oil as supplies tightened and refiners started to shut down plants for maintenance.
*Tighter North Sea supplies support Brent. NEW YORK, Feb 7- Oil rose by more than $1 to one-month highs on Friday, fueled by a sharp rally in gasoline and heating oil as supplies tightened and refiners started to shut down plants for maintenance.
NEW YORK, Feb 7- Brent crude oil rose by more than $1 to a one-week high on Friday on tighter North Sea supplies and rising heating oil and gasoline prices, which were supported by continued cold and a decline in the U.S. jobless rate.
HOUSTON, Feb 6- Unusually frigid weather was blamed for slipping output of natural gas in the United States on Thursday as California warned of short supplies and No. 2 U.S. producer Chesapeake Energy Corp said foul weather hurt its operations.