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  • March 2- Connecticut Attorney General George Jepsen's office said on Monday it has launched an investigation into Lenovo Group Ltd's sales of laptops preloaded with Superfish software, which the U.S. government last month warned made users vulnerable to cyberattacks. The office said that Jepsen last week sent letters to Lenovo, the world's biggest personal...

  • Salix reports 4Q loss Monday, 2 Mar 2015 | 5:14 PM ET

    RALEIGH, N.C. _ Salix Pharmaceuticals Ltd. on Monday reported a fourth-quarter loss of $287.6 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 15 cents per share. Analysts expected $233.9 million, according to Zacks.

  • Triangle Capital beats Street 4Q forecasts Monday, 2 Mar 2015 | 8:00 AM ET

    RALEIGH, N.C. _ Triangle Capital Corp. on Monday reported fourth-quarter earnings of $478,000. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Triangle Capital shares have risen 17 percent since the beginning of the year.

  • LOS ANGELES— PacWest Bancorp is buying Square 1 Financial in a deal valued at about $789 million. Square 1 Financial Inc., based in Durham, North Carolina, is the parent company of Square 1 Bank, and had one banking office in Durham and 12 U.S. loan production offices. Square 1 Bank will merge with Pacific Western Bank, a Los Angeles subsidiary of PacWest Bancorp.

  • FairPoint more attractive to buyers with new labor pact Saturday, 28 Feb 2015 | 9:19 AM ET

    PORTLAND, Maine— FairPoint Communications said it needed to bring costs and benefits into sync with competitors in the telecommunications industry. Workers said during a four-month strike in northern New England that the company was positioning itself for potential sale, and a Wall Street analyst said shareholders are pressing for one.

  • China's central bank cuts rates again to boost economy Saturday, 28 Feb 2015 | 5:46 AM ET

    BEIJING— China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply. The People's Bank of China announced a rate cut on one-year loans by commercial banks by 0.25 percentage point to 5.35 percent. Last year, China's economic growth fell to...

  • House Roll Call: Approving 1-week DHS funding bill Friday, 27 Feb 2015 | 10:25 PM ET

    The 357-60 roll call Friday by which the House approved a bill to fund the Homeland Security Department for one week. The bill goes to President Barack Obama for his signature. Republicans— Aderholt, X; Brooks, N; Byrne, Y; Palmer, N; Roby, Y; Rogers, Y.

  • JOHNSTOWN, Pa.— A Toronto- bound jet with 35 people aboard has landed safely at a Pennsylvania airport after smoke from a shorted-out cabin light prompted the captain to declare an emergency. Flight 7316 left Raleigh-Durham International Airport in Morrisville, North Carolina around 11:15 a.m. and was due at Toronto Pearson International Airport just after...

  • U.S., Liberia kick off trial of Ebola drug ZMapp Friday, 27 Feb 2015 | 12:50 PM ET

    CHICAGO, Feb 27- U.S. and Liberian researchers have started a clinical trial to test the safety and effectiveness of Mapp Biopharmaceutical Inc's Ebola drug ZMapp, an experimental treatment that has already been tried in a handful of Ebola patients, including two U.S. missionaries. The trial, a joint effort by the Liberian government and the National Institute...

  • Extended Stay America reports 4Q loss Thursday, 26 Feb 2015 | 8:15 AM ET

    CHARLOTTE, N.C. _ Extended Stay America Inc. on Thursday reported a loss of $58.3 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share. Extended Stay America shares have risen 6 percent since the beginning of the year.

  • Campus Crest reports 4Q results Thursday, 26 Feb 2015 | 6:51 AM ET

    CHARLOTTE, N.C. _ Campus Crest Communities Inc. on Thursday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Charlotte, North Carolina, said it had funds from operations of $3.1 million, or 5 cents per share, in the period. The company said it had a loss of $34.8 million, or 53 cents per share.

  • FCC allows city-owned Internet providers to expand Thursday, 26 Feb 2015 | 4:57 AM ET

    The decision quietly played out minutes before the FCC took up the higher-profile issue of Internet neutrality, which imposed the toughest rules yet on broadband providers like Comcast, Verizon and AT&T. In the less prominent case, the cities of Wilson, North Carolina, and Chattanooga, Tennessee, asked the FCC to override state laws that have prevented them from...

  • Regulators approve tougher rules for Internet providers Thursday, 26 Feb 2015 | 3:05 AM ET

    "Today is a red-letter today for Internet freedom," said FCC Chairman Tom Wheeler, whose remarks at Thursday's meeting frequently prompted applause by Internet activists in the audience. In an online letter, he thanked the millions who wrote to the FCC and spoke out on social media in support of the change. "Today's FCC decision will protect innovation and create a...

  • Babcock & Wilcox reports 4Q loss Wednesday, 25 Feb 2015 | 7:33 PM ET

    CHARLOTTE, N.C. _ Babcock& Wilcox Co. on Wednesday reported a fourth-quarter loss of $103.3 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 45 cents per share. Babcock& Wilcox shares have dropped nearly 1 percent since the beginning of the year.

  • Cempra reports 4Q loss Wednesday, 25 Feb 2015 | 4:52 PM ET

    CHAPEL HILL, N.C. _ Cempra Inc. on Wednesday reported a loss of $16.9 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for a loss of 46 cents per share. Cempra shares have risen 29 percent since the beginning of the year.

  • WASHINGTON, Feb 25- The U.S. Supreme Court on Wednesday ruled that a North Carolina state dental board does not have the authority to regulate teeth-whitening services, accepting the federal government's claim that the system is anticompetitive because dentists sit on the panel. The court, on a 6-3 vote, ruled for the U.S. Federal Trade Commission, which had...

  • $100M settlement for hundreds in Florida tobacco lawsuits Wednesday, 25 Feb 2015 | 10:52 AM ET

    MIAMI— A $100 million settlement has been reached between three major tobacco companies and hundreds of people who sued them for smoking-related deaths and illnesses in Florida federal court. The tentative agreement announced Wednesday involves R.J. Reynolds Tobacco Co., Philip Morris USA Inc. and Lorillard Tobacco Co. The deal resolves about 400 cases...

  • WASHINGTON, Feb 25- The U.S. Supreme Court on Tuesday ruled that a North Carolina state dental board does not have the authority to regulate teeth-whitening services, accepting the federal government's claim that the system is anticompetitive because dentists sit on the panel. The court, on a 6-3 vote, ruled for the U.S. Federal Trade Commission, which had decided...

  • WASHINGTON— The Supreme Court ruled Wednesday that a state regulatory board made up mostly of dentists violated federal law against unfair competition when it tried to prevent lower-cost competitors in other fields from offering teeth-whitening services. Justice Anthony Kennedy said in his majority opinion that the Federal Trade Commission was right...

  • Tree.com posts 4Q profit Wednesday, 25 Feb 2015 | 9:42 AM ET

    CHARLOTTE, N.C. _ Tree.com Inc. on Wednesday reported fourth-quarter net income of $15.6 million, after reporting a loss in the same period a year earlier. The Charlotte, North Carolina- based company said it had net income of $1.30 per share. For the year, the company reported profit of $9.4 million, or 84 cents per share.