March 27- A federal data-sharing system meant to prevent healthcare providers banned from one state's Medicaid program from billing another state's program isn't working as intended, according to the U.S. Department of Health and Human Services Office of the Inspector General.
Greg Dunn faces such challenges every day as co-manager of the $1 billion Thornburg International Growth fund, which won a 2014 U.S. Lipper Fund award for its 3- and 5- year performance in the International Multi-Cap Growth category this year from Lipper, a Thomson Reuters company.
*Puerto Rico bonds rise in secondary trade. NEW YORK, March 11- Puerto Rico on Tuesday sold $3.5 billion of junk-rated bonds at a surprisingly low tax-free interest rate under 9 percent, which was still high enough to tempt investors to snap up the bonds despite the Caribbean island's difficult cash position.
By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen.
BOSTON, Feb 20- Herbalife executives will meet with U.S. lawmakers' staffs in Washington on Friday to explain the business model of the nutrition company that has been fending off accusations by billionaire investor William Ackman that it is running a pyramid scheme.
*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.
Feb 19- A federal judge in Utah on Wednesday barred online television service provider Aereo from retransmitting programs in a handful of U.S. states, ahead of a closely watched Supreme Court hearing this year between the company and major broadcasters.
*To move headquarters to Houston from Los Angeles. Feb 14- Occidental Petroleum Corp said it would spin off its oil and gas assets in California into a separately traded company and move its headquarters from Los Angeles to Houston, where it will be closer to its largest U.S. operations.
Feb 14- Oil and gas producer Occidental Petroleum Corp said it would spin off its California assets into a separately traded company, creating the state's largest natural gas producer. The California unit has been deemed to be a drag on the company due to elusive growth in oil production.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their market debut, valuing the U.S. bank holding company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected range.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their U.S. market debut, valuing the company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected pricing range.
WASHINGTON, Feb 11- Data thefts at U.S. retailers have rekindled enthusiasm in Congress for a single federal law on how customers should be notified about such breaches, but those efforts face the same roadblock as in the past: dozens of overlapping state laws already in place.
In particular, the massive hydroelectric dams along the Columbia River and its tributaries in Washington, Oregon, Montana and Idaho are crucial suppliers of electricity to California via high-voltage transmission lines, known as paths.
LONDON, Feb 10- Water supplies across the western and southwestern United States are becoming severely strained as more people move into areas with limited rainfall and shrinking groundwater.
HOUSTON, Feb 6- Independent oil refiner Tesoro Corp is replacing older railcars in its crude-by-rail fleet with ones that have the latest safety designs, Chief Executive Officer Greg Goff told analysts on Thursday.
WASHINGTON, Feb 5- President Barack Obama's administration announced the formation on Wednesday of seven "climate hubs" help farmers and rural communities adapt to extreme weather conditions and other effects of climate change.
SAN FRANCISCO, Feb 4- Satya Nadella's elevation to CEO and co-founder Bill Gates' decision to relinquish his chairmanship at Microsoft Corp marks a changing of the guard at a 39- year-old company that fueled the PC revolution but is now struggling to establish its long-term identity.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
BOSTON, Jan 31- Billionaire hedge fund investor Daniel Loeb will be losing Rhode Island as a client after the state's pension fund found his Third Point LLC too risky for its taste and decided to pull out all of its money.