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Government Agencies

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  • NEW YORK, May 5- Jeffrey Gundlach, chief executive of investment firm DoubleLine Capital, said on Tuesday that he believes the U.S. Federal Reserve will probably not raise interest rates this year, in part because of a lack of wage inflation. Gundlach, an influential bond investor, was speaking at DoubleLine's annual investor event at the New York Yacht Club.

  • NEW YORK/ LONDON, May 5- Gold rose on Tuesday as the dollar turned lower and global shares fell ahead of U.S. non-farm payroll data later in the week that could give clues as to when the Federal Reserve will raise interest rates. "Gold was firm yesterday and is continuing the trend today, with dollar weakness helping," Deutsche Borse's MNI senior analyst Tony Walters...

  • COST SO FAR FOR FARMER CLAIMS, OTHER BIRD FLU EXPENSES TO $414.5 MILLION- USDA SOURCES.

  • WASHINGTON, May 5- Netflix Inc has urged the U.S. Federal Communications Commission to reject the pending $48 billion merger of AT&T Inc and DirecTV unless its concerns about the deal are addressed. According to regulatory disclosures posted on Tuesday, Netflix representatives met recently with more than 20 FCC officials and raised concerns about the...

  • WASHINGTON, May 5- Netflix Inc has urged the U.S. Federal Communications Commission to reject the pending $48 billion merger of AT&T Inc and DirecTV as currently proposed, according to regulatory disclosures posted on Tuesday. Previous FCC filings from Netflix on the deal called for approval with conditions. Netflix's April 30 meeting with the FCC's merger...

  • LONDON, May 5- Gold edged higher on Tuesday as the dollar paused ahead of U.S. non-farm payroll data later in the week that could give clues as to when the Federal Reserve will raise interest rates. Gold fell to a six-week low of $1,170 on Friday after the Federal Reserve indicated it saw a slowdown in the U.S. economy as transitory and did not rule out a rate rise this...

  • LONDON, May 5- Gold edged lower on Tuesday as the dollar and European shares rose ahead of U.S. nonfarm payrolls later in the week that could give clues on when the Federal Reserve will hike interest rates. Gold fell to a six-week low of $1,170 on Friday after the Federal Reserve indicated that it saw a recent slowdown in the U.S. economy as transitory and did not rule...

  • SINGAPORE, May 5- Gold retained overnight gains on Tuesday but was stuck below $1,200 an ounce as investors awaited a U.S. nonfarm payrolls report later in the week for clues on when the Federal Reserve would hike interest rates. *Spot gold was little changed at $1,187 an ounce by 0037 GMT. *Silver gained for a third straight session, after climbing to a four-week high...

  • SAN FRANCISCO, May 4- The U.S. Environmental Protection Agency has cited Plains All American Pipeline LP's Bakersfield crude by rail terminal with a series of violations, according to a notice made public on Monday. The EPA notice does not, however, bring operations at the facility to a halt, noted Elizabeth Forsyth, an attorney with environmental group...

  • WASHINGTON— Federal Reserve Chair Janet Yellen on Monday disclosed that she met with a financial analyst at the center of an investigation into a possible leak of confidential interest-rate information. The lawmakers had requested the names of Fed officials and staff who had contact with the analyst's firm, Medley Global Advisors, from June through October...

  • May 4- AcelRx Pharmaceuticals Inc said a division of the U.S. Food and Drug Administration had rejected the company's request for a meeting to discuss the need for an additional trial of its pain drug device, Zalviso. The company's shares fell about 32 percent to $2.85 in after-market trading on Monday after the FDA also restated its view that the additional...

  • WASHINGTON, May 4- Holcim Ltd, a Swiss company, and Lafarge S.A., which is based in Paris, on Monday won U.S. antitrust approval to merge after they agreed to divest assets, the Federal Trade Commission. Lafarge said previously that it would sell its Davenport cement plant in Iowa and seven terminals along the Mississippi River to Summit Materials for $450 million in...

  • WASHINGTON, May 4- Holcim Ltd, a Swiss company, and Lafarge S.A., which is based in Paris, on Monday won U.S. antitrust approval to merge after they agreed to divest assets, the Federal Trade Commission.

  • WASHINGTON, May 4- Bank lending officers said they expect more bad loans among companies in the energy sector, and have begun taking steps to protect against the downturn among oil and gas companies, according to a Fed survey released on Monday. The quarterly survey covered senior loan officers at 76 U.S. banks and 23 branches of foreign banks.

  • The Small Business Administration plans events in five big cities, and local governments and organizations will hold meetings, forums, luncheons and dinners across the country. The SBA's schedule starts with Administrator Maria Contreras-Sweet's keynote address in Miami Beach, Florida, and ends with the announcement of the Small Business Person of the...

  • Sysco's profit falls as meat, poultry costs rise Monday, 4 May 2015 | 8:14 AM ET

    May 4- Sysco Corp, the no. 1 U.S. food distributor, reported a 2 percent fall in quarterly profit, hurt by a rise in meat and poultry prices, a strong dollar and higher expenses. Sysco, whose proposed $3.5 billion deal to buy smaller rival US Foods Inc is facing opposition from the Federal Trade Commission, said net income fell to $177 million, or 30 cents per share, in the...

  • OMAHA, Neb.— Investor Warren Buffett says he thinks the Federal Reserve will have a hard time raising interest rates significantly while Europe continues to struggle. Buffett discussed the outlook for rates during an interview on CNBC Monday after answering questions in front of more than 40,000 people at Berkshire Hathaway's annual meeting Saturday.

  • *Gold snaps 3- day losing streak, but still below $1,200. SINGAPORE, May 4- Gold edged up on Monday after three days of losses, but the metal wasn't too far from a six-week low as investors continued to speculate on when the Federal Reserve might raise U.S. interest rates. "Gold has proven one time too many that it prefers to stick to $1,200 amid large fluctuations and I am...

  • *Gold snaps 3- day losing streak, but still below $1,200. SINGAPORE, May 4- Gold snapped a three-day losing streak on Monday as equities took a hit from weak Chinese economic data, but the metal wasn't too far from a six-week low as investors continued to speculate on when the Federal Reserve might raise U.S. interest rates. "Gold has proven one time too many that it...

  • SINGAPORE, May 4- Gold languished near a six-week low on Monday, unable to recover from a three-day losing streak, as the dollar gained on signs of stabilisation in the U.S. economy, and fears the Federal Reserve would soon hike interest rates. *Spot gold was firm at $1,178.50 an ounce by 0042 GMT, not far from a six-week low of $1,170.20 reached on Friday.