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  • CDI posts 1Q profit Tuesday, 5 May 2015 | 7:33 PM ET

    PHILADELPHIA _ CDI Corp. on Tuesday reported first-quarter net income of $470,000. On a per-share basis, the Philadelphia- based company said it had profit of 2 cents. For the current quarter ending in June, CDI said it expects revenue in the range of $245 million to $255 million.

  • CHICAGO— Comcast, long dogged by a terrible reputation for customer service, is planning to hire thousands and is rolling out new tools to improve its interactions with customers. Comcast is the country's biggest cable company. Asked if Comcast's customer-service issues were a factor in the government's rejection of the $45 billion deal, Comcast Corp. CEO...

  • *Stand-off in Greece's debt talks bogs down sentiment. NEW YORK, May 5- Long-term U.S. The two-week selloff in Treasuries, German Bunds and British gilts stemmed from a host of factors including heavy debt supply, less pessimism about Europe, and easing downward pressure on U.S. and European inflation.

  • The $51.4 billion deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week. "Everyone is now keeping an eye on Friday's jobs numbers to see if last month's dismal numbers were a momentary blip or for real," said Kim Forrest, senior equity research...

  • They use complicated corporate structures that protect their China- based parent companies from U.S. lawsuits. The report calls on Congress to establish that Chinese companies fall under the jurisdiction of U.S. courts and require that Chinese firms assign agents to accept subpoenas and other U.S. court documents. That forces plaintiffs into a cumbersome...

  • Prudential Bancorp posts 2Q profit Monday, 4 May 2015 | 6:09 PM ET

    PHILADELPHIA _ Prudential Bancorp Inc. on Monday reported earnings of $1.7 million in its fiscal second quarter. Prudential Bancorp shares have risen roughly 5 percent since the beginning of the year. Keywords: Prudential Bancorp, Earnings Report.

  • Sean and Ryan Esmond and their parents fell ill after an applicator working for Terminix used methyl bromide at the resort in the U.S. Virgin Islands. Their father and mother, Stephen Esmond and Theresa Devine, continue to undergo therapy, said the family's statement, which provided the first update on the family's medical condition in a month.

  • Comcast beats Street 1Q forecasts Monday, 4 May 2015 | 6:12 AM ET

    PHILADELPHIA _ Comcast Corp. on Monday reported first-quarter profit of $2.06 billion. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Comcast shares have climbed roughly 1 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 2 percent.

  • Comcast now has more Internet than cable customers Monday, 4 May 2015 | 6:01 AM ET

    NEW YORK— Just before its $45 billion deal with Time Warner Cable collapsed over regulators' fears about a giant cable company's control over the Web, Comcast was racking up more Internet customers. For the first time, the country's largest cable provider, which also owns NBCUniversal, has more Internet subscribers than cable subscribers, Comcast executive...

  • Police in Portland, Oregon, say an initially peaceful May Day demonstration turned violent Friday evening as a splinter group hurled chairs and other objects at officers. The Burnside Bridge over the Willamette River was closed for about a half-hour during the height of the evening commute when protesters tried to force their way across.

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income for the Omaha, Nebraska- based insurance and investment conglomerate rose to $5.16 billion, or $3,143 per share, from...

  • ORANGE, Calif./ PHILADELPHIA, May 1- The Federal Reserve could well raise interest rates as soon as June, two top U.S. central bankers said on Friday, so long as economic data strengthens as expected from a dismal first quarter. The key, both Loretta Mester, president of the Cleveland Fed, and John Williams, president of the San Francisco Fed, said, is that by a quirk of the...

  • NEW YORK— Comcast, which reports financial results on Monday, faces some tough questions about what's next for the country's biggest cable company after its dreams of a far-reaching network collapsed with the death of its $45 billion Time Warner Cable deal. Comcast, which owns NBCUniversal, wanted Time Warner Cable to bulk up its business-services division,...

  • LOS ANGELES— Chatting on the red carpet with Bradley Cooper and Jennifer Lawrence; recording a country song with Clint Black; working a relief mission with Patricia Arquette; receiving a serenade from Michael Bolton on a Caribbean island. "If you can have a Military Channel and a History Channel, I don't see any reason there can't be a' Cause Network,'" said Wagner, who...

  • Police say black-clad May Day marchers hurled wrenches and rocks at officers and hit police with sticks as a Friday evening march through a Seattle neighborhood turned violent, injuring three officers. That brought the day's Seattle demonstration arrest total to four. Hundreds of people earlier joined in May Day marches in Seattle and Yakima, Washington, in...

  • US, Canada unveil rules to boost oil train safety Friday, 1 May 2015 | 10:30 AM ET

    The regulations are a long-awaited response to a series of fiery train crashes in the U.S. and Canada, including four so far this year. The most serious accident occurred in July 2013, when a runaway oil train derailed in Lac-Megantic, Quebec, just across the border from Maine, killing 47 people and destroying most of the town's central business district.

  • Independence Realty Trust reports 1Q results Friday, 1 May 2015 | 8:09 AM ET

    PHILADELPHIA _ Independence Realty Trust Inc. on Friday reported a key measure of profitability in its first quarter. The Philadelphia- based real estate investment trust said it had funds from operations of $5.9 million, or 19 cents per share, in the period. The company said it had a loss of $233,000, or 1 cent per share.

  • DIARY- Top Economic Events to May 14 Thursday, 30 Apr 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting hosted by the bank- 1300 GMT. BOSTON- Federal Reserve Board Governor Daniel Tarullo speaks at opening session before the Economic Growth and Regulatory Paperwork Reduction...

  • US STOCKS-Wall St opens lower as Apple, Celgene weigh Thursday, 30 Apr 2015 | 10:39 AM ET

    *Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street opened lower on Thursday as Apple weighed on the major indexes and Celgene led a fall in biotech stocks, more than offsetting encouraging economic data. The company limited availability of the Apple Watch after a key component supplied by a Chinese company was found to be defective, according to the...

  • RAIT Financial reports 1Q results Thursday, 30 Apr 2015 | 10:27 AM ET

    PHILADELPHIA _ RAIT Financial Trust on Thursday reported a key measure of profitability in its first quarter, after reporting a loss in the same period a year earlier. The real estate investment trust, based in Philadelphia, said it had funds from operations of $15.3 million, or 19 cents per share, in the period. The company said it had a loss of $7.6 million, or 9 cents...