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  • World Point posts 4Q profit Thursday, 26 Mar 2015 | 5:24 PM ET

    ST. LOUIS _ World Point Terminals LP on Thursday reported fourth-quarter net income of $6.3 million. On a per-share basis, the St. Louis- based company said it had profit of 19 cents. Keywords: World Point Terminals, Earnings Report.

  • Trial set for videographer arrested covering Ferguson Tuesday, 24 Mar 2015 | 2:32 AM ET

    Moore was among 13 people taken into custody during a demonstration outside Ferguson police headquarters in early October, and was charged with municipal violations. Protests have continued since Brown, who was black and unarmed, was shot and killed Aug. 9 by then- Ferguson police officer Darren Wilson. Moore is one of an estimated two dozen journalists from...

  • NEW YORK— Monsanto said Wednesday it will pay about $350,000 to settle class action lawsuits brought by farmers in seven states over genetically modified wheat. The St. Louis company said Wednesday it will make donations of $50,000 to agricultural schools at land grant colleges in Kansas, Missouri, Illinois, Oklahoma, Texas, Louisiana and Mississippi.

  • WASHINGTON, March 17- The Pentagon is concerned that congressional funding for lists of "unfunded priorities" submitted by the U.S. military services will drain money out of other higher-priority programs, a top official said on Tuesday. Congress uses the unfunded lists as it shapes the yearly budget plan submitted by the Pentagon, often using them to promote...

  • Murray Energy to buy controlling stake in Foresight Monday, 16 Mar 2015 | 11:04 AM ET

    NEW YORK— Coal miner Murray Energy Corp. said Monday that it will pay about $1.4 billion in cash to buy a controlling stake in Foresight Energy LP and its subsidiary. The deal, which is expected to close in the second quarter, will give Murray Energy about a 50 percent stake in Foresight Energy LP and an 80 percent stake in the subsidiary, Foresight Energy GP.

  • The shooting of two police officers and a subsequent manhunt in Ferguson on Thursday have relit tensions that erupted in the St. Louis suburb after the fatal shooting of unarmed black teenager Michael Brown by white policeman Darren Wilson in August. The shooting came as local businesses and home owners were showing the first timid signs of hope that Ferguson...

  • *Lingering concern over Greece adds to bearish tone in equities. "Expectations for the Fed to begin raising rates were being pushed out to the fourth quarter and what we are seeing is a temporary adjustment to the fact they may come as soon as June," said Michael Arone, chief investment strategist for State Street Global Advisors' U.S. Concerns over Greece added to...

  • *Lingering concern over Greece adds to bearish tone, hits stocks. *China CPI lands above forecast but producer prices still falling. Technical negotiations intended to prevent Greece going bankrupt and potentially being forced to abandon the euro bloc will start in Brussels on Wednesday.

  • NEW YORK, March 10- The U.S. dollar hit a fresh nearly 12- year peak against the euro and its highest level against the Japanese yen in nearly eight years on Tuesday on expectations for a mid-year Federal Reserve rate hike and the European Central Bank's bond-buying program. The euro fell to $1.07205, its lowest level since April 2003, before paring losses.

  • *ECB policymakers meet in Cyprus on Wednesday, Thursday. NEW YORK, March 2- The dollar edged up on Monday, with an index that tracks the greenback against major currencies touching an 11- year peak even after soft economic data. "The dollar's long-term trend is up but it now is in some consolidation," said Paul Christopher, international strategist at Wells Fargo in St...

  • FOREX-Dollar touches 11-year peak as euro gains fade Monday, 2 Mar 2015 | 11:58 AM ET

    *ECB policymakers meet in Cyprus on Wednesday, Thursday. The yen was off 0.45 percent at 120.07 yen to the dollar in late-morning New York trade. "The dollar's long-term trend is up but it now is in some consolidation," said Paul Christopher, international strategist at Wells Fargo in St Louis.

  • Viking boats to cruise Mississippi River Wednesday, 25 Feb 2015 | 5:22 PM ET

    NEW ORLEANS, Feb 25- Viking Cruises Ltd will establish its first North American beachhead, a homeport in New Orleans, and will offer cruises up the Mississippi River starting in 2017, the company and Louisiana officials announced. The company- whose boats ply the rivers of Europe, Russia, China, Southeast Asia and Egypt- will begin cruising the Mississippi with two...

  • ADM cuts biodiesel output as industry hit by weak margins Wednesday, 25 Feb 2015 | 1:23 PM ET

    WINNIPEG/ NEW YORK, Feb 25- Archer Daniels Midland, one of the world's top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand. The Chicago- based agri business has "temporarily" shifted production at its Velva, North Dakota, oilseeds...

  • HOUSTON, Feb 20- Barely two months into his new job as the head of the world's largest offshore driller, Steven Newman was steering Transocean through the 2010 Gulf of Mexico oil spill, quickly earning a reputation as a CEO with a steady hand. A Transocean official declined to comment. According to a Transocean presentation, its fleet is about 25 percent larger than...

  • NEW YORK, Feb 19- Diversified U.S. manufacturer Emerson Electric Co is "moving to being more of a buyer"- after shedding businesses worth $3.5 billion in recent years- and would consider multi-billion-dollar acquisitions, the company's president said on Thursday. Emerson is still exploring $500 million to $1 billion worth of divestitures to focus the business,...

  • Stocks in Europe at seven-year high. NEW YORK, Feb 18- U.S. stocks showed modest declines on Wednesday while the dollar pulled back from earlier gains in the wake of the release of minutes from the Federal Reserve's policy meeting last month. "A rate hike is still possible but it's not necessarily a sure thing," said Gary Thayer, head of global macro strategy at Wells...

  • Janet McCabe, assistant administrator for air and radiation at the EPA, confirmed later in the day that the EPA may revisit the timeline, noting a change in the interim target "was very much on the table." Last week, St. Louis- based utility Ameren flagged concerns about the interim target and proposed ways for the EPA to achieve the same goals of its proposed rule...

  • Feb 13- United Airlines will outsource about 1,150 positions at 16 airports across the country, but reached tentative agreements with its union to keep another 800 jobs in-house that also had been under scrutiny, a company spokesman said on Friday. Before taking effect, the agreement must be approved by a vote of the affected workers, who are located in or near...

  • ST. LOUIS/ WASHINGTON, Feb 12- Clashes over strategy within JPMorgan Chase& Co's compliance operations have led to the departure of a series of managers in the past year, according to three of those who have left. The moves are being watched closely by the rest of Wall Street and could be adopted more widely if JPMorgan is successful in keeping compliance costs under...

  • Feb 11- Panera Bread Co on Wednesday warned that 2015 earnings per share could decline as it works to speed up service at its popular bakery cafes, sending shares down 6 percent in extended trading. St. Louis- based Panera said it expects 2015 diluted earnings per share growth that is flat or possibly mid- to high-single digit percentage points lower from 2014' s...