Morningstar Inc
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It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
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acquired an 18 percent stake in web portal Sina Corp's microblogging service Weibo in its first big move into selling advertising on China's highly competitive social networks. Sina's U.S.-listed shares surged 21 percent to $60.81 in early trading, before easing back to $56.90.
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*To cut CEO bonus, director compensation. April 29- Occidental Petroleum Corp, the fourth-largest U.S. oil company, said Chief Executive Steve Chazen would continue in his role through 2014 with the full support of the board, reducing uncertainty surrounding its CEO succession plans.
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The Centers for Medicare and Medicaid Services said the proposed rule also clarifies admission and medical review criteria for hospital inpatient services. "There is no real bad news here," said CRT Capital Group analyst Sheryl Skolnick. "
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More than US $8.5 bn in private-label CMBS has been marketed to investors so far in April, including a new JP Morgan conduit for US $1.2 bn, JPMCC 2013- LC11, that was announced on Friday. A further US $2.8 bn in government-backed Freddie Mac multi-family deals have also priced this month, according to IFR and Thomson Reuters data.
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April 26- AbbVie Inc's quarterly profit rose 10 percent on surging sales of its Humira treatment for rheumatoid arthritis, and the company said it plans to launch several potentially lucrative new treatments for hepatitis C by early 2015..
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April 26- AbbVie Inc's quarterly profit rose 10 percent on surging sales of its Humira treatment for rheumatoid arthritis, and the company said it plans to launch several potentially lucrative new treatments for hepatitis C by early 2015..
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April 26- AbbVie Inc reported slightly better than expected quarterly results on Friday, fueled by surging sales of its Humira treatment for rheumatoid arthritis.
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April 26- AbbVie Inc reported slightly better than expected quarterly results on Friday, fueled by surging sales of its Humira treatment for rheumatoid arthritis.
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April 25- Harley-Davidson Inc sounded an upbeat note about the state of the global consumer on Thursday with a 34 percent increase in quarterly profit and a big jump in shipments of its iconic motorcycles ahead of the traditional spring selling season.
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April 25- United Parcel Service Inc, the world's No. 1 package delivery company, said its international package business will drive results in the near term and that it expects the small-package market to grow faster than the U.S. economy in 2013..
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April 25- Bristol-Myers Squibb reported disappointing first-quarter sales, prompting a drop in shares that have risen sharply this year on enthusiasm for its lineup of promising experimental drugs.
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April 25- Medical device maker Boston Scientific Corp reported better-than-expected first-quarter results on Thursday, which the company said will put it on the path to return to growth. Boston Scientific's operating margin was considerably better than a year ago, Morningstar analyst Debbie Wang said.
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April 25- Harley-Davidson Inc reported profits on Thursday that were in line with expectations and kept its full-year shipment forecast unchanged as its five-year-long restructuring effort continued to boost its financial performance.
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April 25- Bristol-Myers Squibb reported disappointing first-quarter sales, prompting a drop in shares that have risen sharply this year on enthusiasm for its lineup of promising experimental drugs.
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April 25- Bristol-Myers Squibb reported disappointing first-quarter sales, prompting a drop in shares that have risen sharply this year on enthusiasm for its lineup of promising experimental drugs.
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*Reports first-quarter 2013 financial results. *Q1 earnings per share $0.63. *Q1 revenue rose 5 percent to $168.9 million.
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*Coal revenue was down 17 percent. April 23- Coal shipments by Norfolk Southern Corp fell sharply in the first quarter, but the U.S. railroad still posted a higher profit on increased transport of goods. Coal revenue was down 17 percent in the quarter for Norfolk, due to lower prices and demand.
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*Netflix is fourth-priciest stock in S&P 500 on P/E basis. April 23- Netflix investors may be cheering after a blowout quarter caused shares to surge on Tuesday, but the longer-term picture is cloudy as the stocks' valuation has reached a lofty level shared by few stocks.
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April 23- Casino operator Caesars Entertainment Corp said it would spin off assets, with buyout firms Apollo Global Management LLC and TPG Capital LP investing $250 million each in a new business free from the shackles of the company's debt.
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April 23- FedEx Corp launched a new service to let customers select from a range of options to schedule dates, locations and times of delivery, catching up to rival UPS, which offered its "UPS My Choice" service more than a year ago.