China June Flash HSBC PMI Falls to 9-Month Low
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Twenty-four current and former Internal Revenue Service employees have been charged with stealing government benefits, federal prosecutors said Wednesday.
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June 19- A Kansas meat processing plant has voluntarily recalled about 23,000 lbs of raw ground beef that may be contaminated with E.coli bacteria, according to a company press release. "
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June 19- FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia.
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June 19- FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.
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NEW YORK, June 19- For some people, overspending might mean ordering the lobster or splurging on an extra pair of shoes at Macy's. The Portland, Oregon, author woke up one day and decided to go on a trip to China. Along the way, she blew through around $10,000.
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June 19- FedEx Corp posted a bigger than expected quarterly profit as its ground shipment business did well, and the company saw benefits from lower jet fuel prices.
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MEMPHIS, Tenn.-- Agriculture Secretary Tom Vilsack says the federal government is funding nine Tennessee business-related projects with more than $100,000 in grants.
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Rejecting an Arizona law, the Supreme Court says states can't require people to prove they are U.S. citizens before using a federal system designed to make registering easier.
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NASHVILLE, Tenn.-- Tenn. officials say that call center company U.S. Solutions Group Inc. is expanding its operations in Bristol, adding 128 jobs in the process. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty say the expansion includes a $117,000 investment in Sullivan County.
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June 14- JPMorgan Chase& Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, a federal judge ruled. Rogers also dismissed racketeering claims against JPMorgan, but said the plaintiffs can try again to pursue them.
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NEW YORK, June 13- U.S. Renewed appetite for Treasuries will likely bolster bidding at the $13 billion auction of 30- year bonds at 1 p.m., part of this week's $66 billion in coupon-bearing government debt supply, analysts said.
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MEMPHIS, Tenn.-- Auto parts retailer AutoZone Inc. said Thursday that it is adding to its buyback program with the repurchase up to $750 million in company stock. AutoZone bought back 833,000 shares for about $325 million during its latest fiscal quarter. Shares of AutoZone rose 71 cents to $416.71 in midday trading.
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*Fed to buy $2.75 bln to $3.50 bln in Treasuries. NEW YORK, June 13- U.S. Renewed appetite for Treasuries will likely bolster bidding at a $13 billion auction of 30- year bonds at 1 p.m., part of this week's $66 billion in coupon-bearing government debt supply, analysts said.
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JOHNSON CITY, Tenn.-- NN Inc. said Tuesday that its board reinstated the industrial parts maker's quarterly cash dividend, declaring a payment of 6 cents. The dividend will be paid on July 9 to shareholders of record as of June 25. NN shares rose 3 cents to $9.48 in afternoon trading.
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MEMPHIS, Tenn.-- Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.. Georgia-Pacific is a privately held Atlanta- based paper, packaging and building products company.
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WASHINGTON, June 7- The strongest criticism of President Barack Obama normally comes from the U.S. Congress, but reports the government engaged in sweeping surveillance of Americans' phone and Internet activity left even many of his critics uncharacteristically supportive.
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NEW YORK, June 7- U.S. The latest U.S. payrolls gain of 175,000, while below the top-end of economist forecasts above 200,000, was enough to feed speculation that Fed policymakers will scale back their $85 billion monthly purchases of Treasuries and mortgage-backed securities later this year.
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LAWRENCE, Kan.-- The familiar three stripes of adidas will adorn Kansas apparel through at least 2019 after the two sides agreed to renew their partnership in a deal worth in excess of $26 million.
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LONDON, June 7- "Production under these circumstances no longer makes sense." So said Ivo Bradvica, general manager of Bosnian aluminium producer, Aluminij Mostar, in announcing the full curtailment of activities at the 130,000- tonne per year smelter. The company has been dependent on a tolling agreement with Glencore for many years.
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Analyst Ralph Giacobbe upgraded LifePoint Hospitals Inc. shares to "Outperform" from "Neutral" and raised his price target on shares of LifePoint, Community Health Systems Inc., and Health Management Associates Inc. Giacobbe said the companies typically have a large share of the markets they operate in, and that will help them as prices for public health insurance exchanges are negotiated.
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The U.S. Judicial Panel on Multidistrict Litigation said it would promote efficiency to move the lawsuits by 14 U.S. states and Washington, D.C. to a federal court in New York, where they will be overseen by U.S.
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