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  • May 4- DaVita HealthCare Partners Inc, one of the largest U.S. kidney dialysis providers, said it agreed to pay $450 million to settle a whistleblower lawsuit accusing it of deliberately wasting medicines in order to receive higher Medicare payments. The lawsuit alleged that DaVita, whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, used...

  • NEW YORK, May 4- Jeffrey Gundlach, chief executive of investment firm DoubleLine Capital, said on Monday he recommended that investors buy Puerto Rican municipal bonds partly for their yield, despite their risk. "Puerto Rican muni bonds are my recommendation for a risky thing to buy because they have priced in a lot of problems," Gundlach said at the annual Sohn...

  • NEW YORK, May 4- A company that distributed films such as " Major League" and "Ace Ventura" was cleared to exit bankruptcy on Monday after a U.S. judge criticized a federal official for being too devoted to legal doctrine in trying to block the move. Judge Shelley Chapman, in New York, approved the settlement, under which bankrupt Inverness Distribution Ltd will repay...

  • NEW YORK, May 4- Not all investors agree with hedge fund manager David Einhorn's take on Pioneer Natural Resources' Co, which he described as "A business that burns cash and doesn't grow, isn't worth anything." "He is right if oil prices remain under $60; he is dead wrong if prices go beyond $75," said Fadel Gheit, an analyst at Oppenheimer& Co.. Because oil markets may be...

  • TG Therapeutics reports 1Q loss Monday, 4 May 2015 | 5:46 PM ET

    NEW YORK _ TG Therapeutics Inc. on Monday reported a loss of $14.6 million in its first quarter. TG Therapeutics shares have decreased 9.5 percent since the beginning of the year. Keywords: TG Therapeutics, Earnings Report.

  • NEW YORK— Holcim and Lafarge have agreed to sell cement plants, distribution terminals and other assets in order to complete their merger, which will make the world's largest cement company. In order to gain FTC backing for the deal, Lafarge will sell its Continental Cement business along with a cement plant, a quarry and some distribution assets, while Holcim...

  • Macquarie reports 1Q loss Monday, 4 May 2015 | 5:40 PM ET

    NEW YORK _ Macquarie Infrastructure Co. on Monday reported a first-quarter loss of $89 million, after reporting a profit in the same period a year earlier. The New York- based company said it had a loss of $1.22 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • On Deck Capital reports 1Q loss Monday, 4 May 2015 | 5:15 PM ET

    NEW YORK _ On Deck Capital Inc. on Monday reported a loss of $5.3 million in its first quarter. For the current quarter ending in June, On Deck Capital said it expects revenue in the range of $58 million to $60 million. On Deck Capital shares have dropped 11 percent since the beginning of the year.

  • National General posts 1Q profit Monday, 4 May 2015 | 5:13 PM ET

    NEW YORK _ National General Holdings Corp. on Monday reported first-quarter net income of $42.8 million. National General shares have risen 5.5 percent since the beginning of the year. Keywords: National General Holdings, Earnings Report.

  • Starboard Value says it bought 4M shares of Brink's Monday, 4 May 2015 | 5:05 PM ET

    Starboard Value disclosed ownership of almost 4 million shares in a form filed with the Securities and Exchange Commission on Monday. Starboard Value LP started buying shares of the Richmond, Virginia- based company March 10. Starboard Value has pushed Internet giant Yahoo to make big changes, including spinning off some businesses, and in 2014 it took control...

  • Rouse Properties reports 1Q results Monday, 4 May 2015 | 4:54 PM ET

    NEW YORK _ Rouse Properties Inc. on Monday reported a key measure of profitability in its first quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 40 cents per share. Rouse Properties expects full-year funds from operations in the range of $1.73 to $1.77 per share.

  • Baltic Trading reports 1Q loss Monday, 4 May 2015 | 4:54 PM ET

    NEW YORK _ Baltic Trading Ltd. on Monday reported a loss of $42.4 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share. Three analysts surveyed by Zacks expected $8.9 million.

  • Vornado reports 1Q results Monday, 4 May 2015 | 4:48 PM ET

    NEW YORK _ Vornado Realty Trust on Monday reported a key measure of profitability in its first quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of $1.19 per share. Four analysts surveyed by Zacks expected $622.1 million.

  • Treasuries prices fell on Monday, with the long-end of the curve suffering the most of the sell-off and extending the prior week's declines amid low trading volumes because of holidays in Tokyo and London. Analysts said a combination of factors affected the 30- year Treasury, including negative yields in Europe and a drop in demand for new bonds, plus hints of...

  • Furmanite and Rite Aid are big market movers Monday, 4 May 2015 | 4:33 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Furmanite Corp., up $1.44 to $8.67. Cyan Inc., up 97 cents to $4.62.

  • NEW YORK, May 4- Billionaire hedge fund manager David Einhorn, who often moves a stock simply by speaking its name, on Monday kicked off the year's most prominent investment conference by laying out a case against oil frackers, arguing these companies drill "lots and lots of holes" and burn through plenty of cash. Einhorn, who often unveils so-called short-bets...

  • NEW YORK— Paul Gigot, the editorial page editor of The Wall Street Journal, has been elected chairman of the Pulitzer Prize Board. Columbia University made the announcement Monday. Allen is a scholar and author who is the incoming director of the Edmund J. Safra Center for Ethics at Harvard University.

  • NEW YORK— President Barack Obama is helping to launch a foundation that will assist minority young men by improving education, training and job placement. The effort comes a week after unrest erupted in Baltimore following the death of Freddie Gray while in police custody. The new organization, My Brother's Keeper Alliance, is an outgrowth of a year-old Obama...

  • May 4- Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the dot.com stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing. Wall Street analysts said a change was expected and could signal a refocusing of Cisco, which acquired dozens of...

  • May 4- Wall Street rose on Monday afternoon as Berkshire Hathaway led finance stocks higher, while shares of McDonald's declined after the fast-food chain's turnaround plan failed to satiate investors. "We just seem to be hanging in an upper range, taking in a rash of earnings and trying to digest if the fundamentals are there to build a platform for us to leg-up...