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  • NEW YORK, Feb 27- U.S. stocks edged down late in Friday's session on the last trading day of February, led by technology stocks, but oil prices rebounded for their first monthly gain since June. European shares broke multi-year records ahead of the European Central Bank's planned moves to stimulate growth. The Nasdaq was the weakest of the three major U.S. indexes,...

  • NEW YORK, Feb 27- U.S. stocks dipped Friday afternoon as data showed U.S. economic growth slowed more sharply than initially thought in the fourth quarter, though the Dow and S&P 500 were on track for their best monthly performance since October 2011. "That maybe set a tone for the market that wasn't wildly ebullient," said Mark Luschini, chief investment strategist...

  • NEW YORK, Feb 27- Wall Street stocks fell slightly on the last trading day of February as weak U.S. growth data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank's injection next month of 60 billion euros to spur growth. On Wall Street, the Dow Jones industrial average was down 35.93 points, or 0.20 percent, at...

  • *J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stocks were little changed on Friday, as a mixed batch of economic data provided investors with little incentive to push equities to new records. I would argue it is still on solid footing, it is just we are in a bit of an ebb and the market is kind of ebbing with it a little bit, "said Bill Stone, chief investment...

  • Andrew Hyland, scientific principal investigator on the study and chair of the department of health behavior at Roswell Park Cancer Institute, said they may be transitioning away from cigarettes, or they may be becoming more entrenched. "We were struck by the proportion of users that engaged in polyuse," Mitch Zeller, head of the Food and Drug Administration's...

  • Home builders cater to wealthy in lukewarm market Wednesday, 25 Feb 2015 | 7:14 AM ET
    A worker stands near a home under construction at the Toll Brothers Inc. Jupiter Country Club housing development in Jupiter, Florida.

    Home builders are increasingly targeting the wealthy as the housing market remains tepid, The New York Times reports.

  • WASHINGTON, Feb 24- Three regional Federal Reserve banks in January repeated an unsuccessful push to have the U.S. central bank increase the interest rate charged to commercial banks for emergency loans, according to minutes from Fed board meetings released on Tuesday. Ahead of the Fed's Jan. 27-28 policy-setting meeting, directors of the Philadelphia, Kansas...

  • Feb 23- Comcast Corp and Time Warner Cable Inc have been sued for $20 billion for allegedly discriminating against African American-owned media and employing advocates such as the NAACP and the Rev. According to the complaint, Comcast entered into "memoranda of understanding" with Sharpton, the NAACP and other advocacy groups to provide large cash "donations"...

  • With the same winter chill boosting demand for home heating, U.S. heating oil futures jumped 6 percent as refineries, including the region's largest in Philadelphia, curtailed production, threatening a supply squeeze. Delta Air Lines Inc's 185,000- barrel-per-day refinery in Trainer, Pennsylvania, appeared to be hit hardest. Intelligence group Genscape...

  • *Dow, S&P 500, Germany's DAX set intraday records. NEW YORK, Feb 20- The euro rebounded against the dollar and global equity markets surged to record highs on Friday after Greece and euro zone finance ministers reached an agreement to extend a Greek financial rescue package for four months. Before the deal was announced, Germany's DAX index hit a record intraday...

  • NEW YORK, Feb 20- U.S. stocks rose on Friday in a relief rally after Greece and euro zone finance ministers reached a deal to extend heavily indebted Greece's financial rescue by four months. News of the agreement, which removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area, lifted U.S. indexes...

  • NEW YORK, Feb 20- Oil seesawed on Friday while the price of heating oil jumped more than 6 percent as severe winter cold crimped output at three U.S. refineries, raising worries about higher crude supplies and a possible squeeze on refined products. "It's sell crude, buy products today," said Dominick Chirichella, senior partner at the Energy Management Institute in...

  • Feb 20- At least three refineries that account for more than two-thirds of the U.S. East Coast's output experienced significant disruptions on Friday due to single-digit temperatures that sent the entire Northeast into a deep freeze. Delta Air Lines Inc's 185,000- barrel-per-day refinery in Trainer, Pennsylvania, appeared to be hit hardest.

  • NEW YORK, Feb 20- Oil seesawed on Friday while heating oil hit a more than four-month high as severe cold weather crimped output at three U.S. refineries, raising worries about higher crude supplies and a possible squeeze on refined products. "It's sell crude, buy products today," said Dominick Chirichella, senior partner at the Energy Management Institute in New...

  • UPDATE 1-Philadelphia approves five new charter schools Wednesday, 18 Feb 2015 | 11:14 PM ET

    PHILADELPHIA, Feb 18- Philadelphia's financially distressed school district, one of the country's biggest battlegrounds over the expansion of charter schools, approved five new charters on Wednesday in a contentious meeting marked by protests, shouting and arrests. The vote by the Philadelphia School Reform Commission, formed in 2001 as part of a state...

  • PHILADELPHIA, Feb 18- Philadelphia's financially distressed school district, one of the country's biggest battlegrounds over the expansion of charter schools, will learn on Wednesday whether new charter schools will be approved for the first time in seven years. The American Federation of Teachers has fought against the nation's expansion of mostly...

  • DIARY-Top Economic Events to Feb 27 Monday, 16 Feb 2015 | 8:00 PM ET

    Treasury Under Secretary for International Affairs Nathan Sheets participates in "A Conversation With Treasury Under Secretary for International Affairs Nathan Sheets" on the global economy at the Peterson Institute in Washington- 1345 GMT. NORWICH, England- Bank of England chief economist Andy Haldane at the University of East Anglia lecture series- 1830...

  • DIARY-Top Economic Events to Feb 26 Thursday, 12 Feb 2015 | 7:01 PM ET

    SAN ANTONIO, United States- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Reflections on 10 Years at the Fed" before a community luncheon sponsored by the Federal Reserve Bank of Dallas San Antonio branch- 1830 GMT. LONDON- European Central Bank executive board member Peter Praet to speak at AFME Conference- 1550 GMT. COVENTRY, England-...

  • NEW YORK, Feb 11- Pennsylvania Governor Tom Wolf on Wednesday proposed a new 5 percent severance tax on the state's booming natural gas extraction industry, a turnabout from his Republican predecessor who opposed such a tax. Like other public schools in Pennsylvania, Caln gets about 30 percent of its funding from the state. Wolf noted that Pennsylvania ranks...

  • DIARY- Top Economic Events to Feb 24 Tuesday, 10 Feb 2015 | 7:01 PM ET

    LONDON- Bank of Japan policy board member Takehiro Sato speaks at the Japan Securities Summit 2015 on the outlook for the Japanese economy- 1410 GMT. NEW YORK- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Monetary Policy and a Reflection on 10 Years at the Fed" before the Economic Club of New York- 1300 GMT. PARIS- European Central Bank board...