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  • Dallas tycoon Wyly files for bankruptcy protection Tuesday, 21 Oct 2014 | 10:22 AM ET

    DALLAS— Prominent Dallas businessman Samuel Wyly is filing for bankruptcy protection as he and the estate of his brother face up to $400 million in penalties after being found liable for hiding stock holdings overseas. The one-time owner of the Michaels arts-and-crafts store chain says his biggest liabilities are to the IRS— the amount is unknown— and $198...

  • NEW YORK, Oct 21- Anthony Reynolds works on what he calls "the SWAT team of airplane cleaners," scrubbing the seats, carpets and toilets of planes parked overnight at the Philadelphia airport. The Ebola outbreak that has killed more than 4,400 people in West Africa, with three infections in the United States, is pushing the issue of worker health and safety to the top...

  • Kimberly-Clark to cut up to 1,300 jobs Tuesday, 21 Oct 2014 | 9:59 AM ET

    DALLAS— Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient. Kimberly-Clark Corp. said Tuesday that it anticipates restructuring costs between $130 million and $160 million, after taxes. Kimberly-Clark also cut its 2014 adjusted profit forecast to account for...

  • The Government Accountability Office also recommended that the U.S. Department of Energy review the size of the Strategic Petroleum Reserve to ensure it remains appropriate as net oil imports fall. GAO's enormous influence and professional prestige is most likely the reason it was asked to do the study by Senator Lisa Murkowski, the top-ranked Republican...

  • Brinker International meets 1Q profit forecasts Tuesday, 21 Oct 2014 | 7:51 AM ET

    DALLAS _ Brinker International Inc. on Tuesday reported fiscal first-quarter net income of $32.7 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 50 cents per share. Analysts expected $706.9 million, according to Zacks.

  • Kimberly-Clark beats Street 3Q forecasts Tuesday, 21 Oct 2014 | 7:48 AM ET

    IRVING, Texas _ Kimberly-Clark Corp. on Tuesday reported third-quarter net income of $562 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share. Kimberly-Clark expects full-year earnings in the range of $5.93 to $6.03 per share.

  • The meaning of 'organic' hazy for nonfood items Tuesday, 21 Oct 2014 | 3:14 AM ET

    "The consumer should not need a law degree to read a label," says Laura Batcha, president of the Organic Trade Association, the industry's main trade group. According to the Organic Trade Association, sales of those nonfood organic products were about $2.8 billion last year, a small share of the overall organic market but growing rapidly. USDA doesn't regulate any...

  • Ebola: Why virus kills some, other people survive Tuesday, 21 Oct 2014 | 3:05 AM ET

    And while Thomas Eric Duncan died and two U.S. nurses were infected caring for him, there are successes, too: A nurse infected in Spain has recovered, as have four American aid workers infected in West Africa. The end of quarantine for 43 people in Dallas who had contact with Duncan "simply supports what most of us who know something about the disease have been saying...

  • DALLAS, Oct 20- The United States issued stringent new protocols on Monday for health workers treating Ebola victims, directing medical teams to wear protective gear that leaves no skin or hair exposed to prevent medical workers from becoming infected. The new guidelines from the U.S. Centers for Disease Control and Prevention in Atlanta come as 43 people who...

  • DALLAS, Oct 20- The United States issued stringent new protocols on Monday for health workers treating Ebola victims, directing medical teams to wear protective gear that leaves no skin or hair exposed when caring for patients infected with the virus. The new guidelines from the U.S. Centers for Disease Control and Prevention in Atlanta come as 43 people who...

  • DALLAS, Oct 20- The United States is issuing new protocols for health workers treating Ebola patients and a rapid-response military medical team will start training even as Americans' anxiety about the spread of the virus abates with 43 people declared risk free. The government's new guidelines, which were set to come out at 7 p.m. EDT on Monday, were expected to...

  • Ebola fear factor subsides in U.S. financial markets Monday, 20 Oct 2014 | 6:34 PM ET

    NEW YORK, Oct 20- Investors should expect more calm to return to U.S. equity markets after some of the most volatile trading since 2012 as the 21- day incubation period for Ebola passes for many in Texas without new infections. But fears that Ebola could spread in the United States after three people in Dallas were diagnosed with the hemorrhagic fever added more...

  • GulfMark Offshore misses Street 3Q forecasts Monday, 20 Oct 2014 | 6:16 PM ET

    HOUSTON _ GulfMark Offshore Inc. on Monday reported earnings of $24.3 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. For the current quarter ending in December, GulfMark Offshore said it expects revenue in the range of $110 million to $115 million.

  • District Judge Shira Scheindlin in New York ordered Wyly and the estate of his late brother Charles to pay damages of $187.7 million plus interest to the SEC, after a jury found them liable for fraud in May. The SEC has since said the total, including interest, should be $299.4 million, which is one of the largest awards ever sought from individual defendants in a U.S....

  • SAN FRANCISCO, Oct 20- Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. Texas Instruments' quarterly results on Monday came after Chandler, Arizona- based Microchip on Oct 9 warned of weak demand in China that would...

  • Helix Energy beats 3Q profit forecasts Monday, 20 Oct 2014 | 5:45 PM ET

    HOUSTON _ Helix Energy Solutions Group Inc. on Monday reported third-quarter profit of $75.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Celanese beats Street 3Q forecasts Monday, 20 Oct 2014 | 5:21 PM ET

    IRVING, Texas _ Celanese Corp. on Monday reported profit of $253 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share. Analysts expected $1.74 billion, according to Zacks.

  • SAN FRANCISCO, Oct 20- Texas Instruments Inc posted third-quarter revenue of $3.50 billion, up 8 percent from the year-ago period, and above expectations on Wall Street following recent concerns about weak industry demand. Texas Instruments said on Monday its second-quarter net income rose 31 percent to $826 million. Texas Instruments' results came after...

  • Texas Instruments beats Street 3Q forecasts Monday, 20 Oct 2014 | 4:39 PM ET

    DALLAS _ Texas Instruments Inc. on Monday reported third-quarter profit of $826 million. Analysts expected $3.46 billion, according to Zacks. For the current quarter ending in December, Texas Instruments expects its per-share earnings to range from 64 cents to 74 cents.

  • Oct 20- BioMerieux SA is working with U.S. health regulators to determine if its test to screen for bio threats could be used to detect the Ebola virus, spokeswoman Suzanne Jones said. Since the system was solely developed for environmental surveillance, it is necessary for BioMerieux to show the U.S. Food and Drug Administration evidence that the test could be...