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  • Upland Software reports 4Q loss Thursday, 26 Mar 2015 | 4:46 PM ET

    AUSTIN, Texas _ Upland Software Inc. on Thursday reported a loss of $2.7 million in its fourth quarter. Upland Software shares have fallen 21 percent since the beginning of the year. Keywords: Upland Software, Earnings Report.

  • GameStop slumps as exchange rates pressure its outlook Thursday, 26 Mar 2015 | 4:21 PM ET

    GRAPEVINE, Texas— Shares of GameStop Corp. slumped in aftermarket trading Thursday after the video game retailer said the stronger dollar hurt its sales in its fiscal fourth quarter and it gave a disappointing forecast for the current year. GameStop said its sales fell about 6 percent in the three months that ended Jan. 31. GameStop shares lost $1.99, or 5 percent,...

  • Bankruptcy hearing could decide fate of RadioShack Thursday, 26 Mar 2015 | 3:07 PM ET

    RadioShack, based in Fort Worth, Texas, says an offer valued at about $160 million from hedge fund Standard General LP was the best bid submitted in an auction that began Monday in New York and was suddenly reconvened in Wilmington, Delaware after midnight Thursday, just hours before the court hearing. RadioShack's bankruptcy plan calls for Sprint, the No. 3 U.S....

  • Former head of Petrobras testifies in Brazilian Congress Thursday, 26 Mar 2015 | 12:14 PM ET

    SAO PAULO— The former head of Brazil's state-run oil giant Petrobras, told a parliamentary investigative committee Thursday that she and other executives were taken by surprise by the 2014 probe that has revealed a kickback scheme believed to be the largest uncovered in the country's history. "I never knew of any bribes at Petrobras," Maria das Gracas Foster...

  • Joplin sues former master developer for fraud Thursday, 26 Mar 2015 | 8:31 AM ET

    JOPLIN, Mo.— The city of Joplin has sued a Texas- based company that it hired to help in recovery efforts from the devastating 2011 tornado, accusing it of fraud and seeking at least $1.5 million in damages. The lawsuit was filed Wednesday in Jasper County Circuit Court against Wallace Bajjali Development Partners and the company's two partners, one of whom filed...

  • Commercial Metals tops 2Q profit forecasts Thursday, 26 Mar 2015 | 7:27 AM ET

    IRVING, Texas _ Commercial Metals Co. on Thursday reported fiscal second-quarter earnings of $54.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Commercial Metals shares have dropped 7 percent since the beginning of the year.

  • FED' S BULLARD SAYS BY REMOVING WORD "PATIENT", FOMC CAN RETURN TO MORE STANDARD POLICY DECISION-MAKING, WHERE APPROPRIATE POLICY RATE SET AT EACH MEETING.

  • FED' S BULLARD SAYS EVEN WITH SOME NORMALISATION MONETARY POLICY WILL REMAIN EXCEPTIONALLY ACCOMODATIVE.

  • Watchdog says senior Homeland official broke no laws Thursday, 26 Mar 2015 | 3:14 AM ET

    WASHINGTON— A senior Obama administration official violated agency ethics policies but did not break any laws when he intervened in three visa cases involving foreign investors with ties to prominent Democrats, a government watchdog told Congress Thursday. The Homeland Security Department's now deputy secretary used his post as head of the department's...

  • Census: Florida city tops list of fastest-growing areas Thursday, 26 Mar 2015 | 12:08 AM ET

    New figures released Thursday by the U.S. Census Bureau showed Florida was home to six of the nation's 20 fastest-growing metro areas from July 1, 2013, to July 1, 2014. The Villages retirement community located northwest of Orlando was the nation's fastest-growing metro area last year with a 5.4 percent increase that raised the population to 114,000...

  • WASHINGTON— Each month, more than 200,000 needy U.S. households take out what's advertised as a brief loan. The Consumer Financial Protection Bureau proposed rules Thursday to protect Americans from stumbling into what it calls a "debt trap." "The idea is pretty common sense: If you lend out money, you should first make sure that the borrower can afford to pay it back,"...

  • March 25- General Electric Co said it increased planned job cuts in its Lufkin oilfield equipment unit to 575, as it grapples with pressure on the unit from the drop in oil prices. "As a result of increasingly challenging market conditions, we are announcing additional workforce reductions in our Lufkin business," said Kristin Schwarz, a GE Oil& Gas spokeswoman.

  • March 25- General Electric Co increased planned job cuts in its Lufkin oilfield equipment unit to 575, as it grapples with pressure on the unit from the drop in oil prices, Bloomberg reported. The move follows GE's notification to regulators in January of the planned layoffs of 330 people at its beam-pumping manufacturing facility in Lufkin, Texas.

  • HOUSTON, March 25- Striking workers at Tesoro Corp's Martinez, California, refinery have ratified a new contract, ending a 52- day strike at that plant, the United Steelworkers union said on Wednesday. USW members at the Martinez refinery were the last of three Tesoro groups to approve the contract based on a tentative national agreement reached between the...

  • House Roll Call: Republicans approve conservative budget Wednesday, 25 Mar 2015 | 7:19 PM ET

    The 228-199 roll call Wednesday by which the House passed a conservative budget that relies on nearly $5 trillion in cuts to eliminate deficits over the next decade, calls for repealing the health care law and envisions transformations of the tax code and Medicare. Republicans— Aderholt, Y; Brooks, Y; Byrne, Y; Palmer, Y; Roby, Y; Rogers, Y. Republicans— Crawford, N; Hill, Y;...

  • WASHINGTON, March 25- The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine. "For years, in a variety of ways, this foreign company facilitated trade with Iran and Sudan from Sugar Land, Texas," U.S.

  • WASHINGTON— The world's largest oil services company, Schlumberger Ltd., has agreed to a penalty of more than $232 million and one of its subsidiaries will plead guilty to trade sanctions violations, the Justice Department announced Wednesday. The criminal case against Schlumberger Oilfield Holdings Ltd. resolves a yearslong investigation into...

  • NEW YORK— The FCC says the first lawsuits filed against the government's new Internet traffic rules are "premature" and may be dismissed because they were filed too early. The Federal Communications Commission's new rules on broadband service are meant to uphold "net neutrality," and so prohibit providers such as Comcast and Verizon from slowing or blocking Web...

  • WASHINGTON, March 25- The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine. "For years, in a variety of ways, this foreign company facilitated trade with Iran and Sudan from Sugar Land, Texas," Justice Department...

  • March 25- BlackRock Inc, the world's largest asset manager, is looking to invest in infrastructure projects in Mexico, according to sources familiar with the situation. As Mexico has opened up to foreign capital in recent years, BlackRock's infrastructure investment group sees an opportunity and is setting up a team of specialists to work out of its Mexico City...