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  • GulfMark Offshore reports 1Q loss Monday, 20 Apr 2015 | 6:09 PM ET

    HOUSTON _ GulfMark Offshore Inc. on Monday reported a first-quarter loss of $5.1 million, after reporting a profit in the same period a year earlier. For the current quarter ending in June, GulfMark Offshore said it expects revenue in the range of $70 million to $75 million. GulfMark Offshore shares have decreased 33 percent since the beginning of the year.

  • The oil price crash represents for some "a great chance to seize on the crisis and turn it into an opportunity," Les Csorba, a partner with Heidrick& Struggles in Houston, said on the sidelines of the CERAWeek conference. Two executives that typify the new breed include the chief executive officers of Apache Corp and Chesapeake Energy. Apache's John Christmann and...

  • Steakhouse chain Fogo de Chao files for IPO Monday, 20 Apr 2015 | 5:15 PM ET

    April 20- Steakhouse chain Fogo de Chao has filed for an initial public offering of its shares in the United States. Dallas- based Fogo de Chao, backed by buyout firm Thomas H. Lee Partners LP, has outlets in Brazil and the United States. The company, founded in Brazil in 1979, set a nominal fundraising target of $75 million in the filing.

  • The statement follows a story by The Associated Press last month revealing that most big truck tires aren't designed to go over 75 mph. Texas, Wyoming, Utah and South Dakota have limits of 80 or higher. Transportation Department documents show the rule has been stalled in Secretary Anthony Foxx's office since August.

  • HOUSTON— Halliburton Co. has cut 9,000 jobs— more than 10 percent of its workforce— in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling help. Halliburton executives disclosed the job cuts Monday on a conference call with investors. Schlumberger and Halliburton help map underground oil and gas...

  • HOUSTON, April 20- Senator Lisa Murkowski said on Monday she will introduce legislation this year to allow U.S. crude exports, saying the Obama administration shouldn't dare lift sanctions on Iran before scrapping the U.S. crude export ban. While the final framework of the deal has yet to be determined, it appears it would let Iran export far more crude oil than at...

  • BRENHAM, Texas— Blue Bell Creameries issues recall of all products after samples test positive for listeriosis.

  • April 20- A union working on behalf of Wal-Mart employees laid off in the sudden temporary closure of five stores filed a claim on Monday to the National Labor Relations Board accusing the retailer of retaliating against workers for organizing activity and seeking to get them rehired. Wal-Mart Stores, which announced last week that it was temporarily closing...

  • WASHINGTON, April 20- The 12- nation Pacific trade pact would create nearly a quarter of a million U.S. jobs due to increased foreign investment in the United States, a business group estimated on Monday, in the first look at the deal's employment impact. The trade deal, which reaches from Japan to Chile, would also create another 165,000 "indirect and induced" jobs...

  • Euro slips against dollar on Greece default worries. NEW YORK, April 20- Equity markets snapped back on Monday after China took steps to stimulate its economy, while the euro weakened amid worries about Greece and oil rose on Middle East tension. The dollar rose as the euro slid against the greenback amid gathering concerns Greece could default on its debt or...

  • *Hasbro reports surprise revenue rise, shares jump. Royal Caribbean falls as strong dollar hurts onboard spending. *IBM to report after the bell.

  • April 20- Oscar Health Insurance, a privately held company that aims to shake up the industry with technology-driven services for individual consumers, on Monday said it had secured $145 million in new funding led by technology investor Peter Thiel. UnitedHealth Group Inc, Aetna Inc and Anthem Inc each have tens of millions of corporate members and hundreds of...

  • US STOCKS-Wall St rallies on China stimulus, earnings Monday, 20 Apr 2015 | 11:44 AM ET

    *Hasbro reports surprise revenue rise, shares jump. NEW YORK, April 20- U.S. stocks rose on Monday, reversing much of the previous session's sharp decline, as China's steps to stimulate its slowing economy and as earnings lured money back into equities. Royal Caribbean fell 7.8 percent to $72.85 after it reported a fall in revenue, saying a strong dollar hurt onboard...

  • COLUMN-Two-year degrees can really pay off Monday, 20 Apr 2015 | 11:36 AM ET

    LOS ANGELES, April 20- Steven Polasck of Corpus Christi, Texas, liked math and science in high school. He considered attending a four-year college but ultimately decided to use his strengths to get a two-year degree in instrumentation from Texas State Technical College. "I went to work on the Monday after graduation," said Polasck, 27, who monitors and fixes systems...

  • April 20- A controlling stake in Cirque du Soleil, which grew from a ragtag group of street performers in Canada into a global circus and entertainment colossus, will be sold to a U.S. private equity fund and its Chinese partner, Cirque du Soleil said on Monday. `. The deal to sell the stake, the size of which was not disclosed, to a group led by Texas- based TPG Capital LP...

  • April 20- Oscar Health Insurance, a privately held company that aims to shake up the industry with technology-driven services for individual consumers, on Monday said it had secured $145 million in new funding led by technology investor Peter Thiel. UnitedHealth Group Inc, Aetna Inc and Anthem Inc each have tens of millions of corporate members and hundreds of...

  • NEW YORK— A group made up of Wal-Mart workers is asking labor regulators to go to court to force the discounter to rehire all 2,200 employees affected by the abrupt temporary closing of five stores a week ago. Wal-Mart says it closed the stores to fix plumbing issues. "This is a new low, even for Wal-Mart," Venanzi Luna, an eight-year Wal-Mart worker and member of OUR...

  • The cash infusion comes as Oscar prepares to expand its operation beyond New York and New Jersey, where it currently operates. "It's openly known that we are going through the licensing process in California and Texas," company Chief Executive Mario Schlosser said in an interview. Oscar, which estimates it now has 40,000 members, added coverage in New Jersey this...

  • Lennox misses Street 1Q forecasts Monday, 20 Apr 2015 | 8:21 AM ET

    RICHARDSON, Texas _ Lennox International Inc. on Monday reported first-quarter net income of $13.9 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Twelve analysts surveyed by Zacks expected $718.6 million.

  • HOUSTON— Halliburton reported a $643 million loss for its first quarter, as the oilfield services provider continued to adjust to slumping energy prices that have forced layoffs and other cutbacks at companies across the sector. Halliburton announced in February that it will eliminate at least 5,000 jobs. In North America, Halliburton Co. felt pricing...