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May 6- Whole Foods Market Inc on Tuesday cut its 2014 same-store sales and earnings forecast for the third time amid rising competition in the natural and organic grocery sector that it dominates and shares tumbled more than 12 percent.
May 6- Cybersecurity company FireEye Inc reported higher-than-expected quarterly revenue but said it expects a bigger loss in 2014 as it spends more on developing new products. Shares of FireEye, which went public last September, fell as much as 8 percent in extended trading.
DETROIT, May 6- Fiat Chrysler said on Tuesday it expects to increase its net profit fivefold by 2018 to around 5 billion euros, boosted by a major increase in sales of its Jeep SUVs and an overhaul of its sporty Alfa Romeo brand.
May 6- Media company Walt Disney Co on Tuesday reported higher profit that beat Wall Street expectations for the quarter that ended in March, boosted by the continued strength of its blockbuster animated film "Frozen."
CRUDE OIL FUTURES RISE IN POST-SETTLEMENT TRADE AFTER API REPORTS INVENTORY UNEXPECTEDLY FALLS.
The original injunction, issued on Wednesday, stemmed from a lawsuit by rival Space Exploration Technologies, or SpaceX, in protest of the U.S. Air Force's award of a multibillion-dollar, non-compete contract for 36 core rocket boosters to Lockheed and Boeing's United Launch Alliance partnership.
The company's net income was $202.8 million, or 94 cents per share, for the first quarter ended March 31, compared with a loss of $187.5 million, or $1.30 per share, a year earlier.
NEW YORK, May 6- U.S. stocks fell broadly on Tuesday, closing at session lows, with AIG pulling financial shares lower after disappointing earnings and as a slide in Twitter took down other names in the technology and internet space.
BERLIN, May 6- German conglomerate Siemens announced a corporate overhaul on Tuesday which will streamline the structure of the company into nine divisions, see its healthcare business managed separately, and its audiology activities publicly listed.
The news comes two weeks after three smaller U.S. cable operators became the first to carry Netflix on set-top boxes provided by TiVo, including RCN. Suddenlink said that starting this summer it will have Netflix on the cable boxes that it provides to customers through an agreement with TiVO.
MILAN, May 6- Automaker Fiat Chrysler ended the first quarter of the year with a net loss, hit by one-off charges linked to a deal to fully acquire its U.S. operations and by currency fluctuations, the company said on Tuesday. In a statement, Fiat Chrysler said it posted a net loss of 319 million euros compared with a net profit of 31 million euros a year earlier.
CHICAGO, May 6- A lethal pig virus sweeping across farms in the United States could cut pork production as much as 7 percent this year, a far steeper decline than the government has forecast, according to agribusiness research firm Rabobank.
May 6- Travel review website TripAdvisor Inc's quarterly profit rose 9 percent, helped by increased revenue from referrals to booking sites and display advertisements. The net income attributable to TripAdvisor rose to $68 million, or 47 cents per share, in the first quarter ended March, from $62.3 million, or 43 cents per share, a year earlier.
BOSTON, May 6- Target Corp interim Chief Executive John Mulligan said he is not interested in becoming the company's permanent chief executive. He made the comment in an interview with Reuters on Tuesday, a day after the board the announced the immediate departure of CEO and Chairman Gregg Steinhafel following last year's devastating data breach.
May 6- Cybersecurity company FireEye Inc's quarterly revenue nearly tripled on higher demand for its software that helps businesses fight off sophisticated computer viruses.
May 6- Insurer Allstate Corp posted a 17 percent fall in quarterly profit as losses from disasters soared due to a more severe winter than usual across most of North America. The company's net income available to common shareholders fell to $587 million, or $1.30 per share, in the quarter ended March 31, from $709 million, or $1.47 per share, a year earlier.
TARGET'S MULLIGAN SAYS COMPANY WILL NOT WAIT FOR NEW CEO TO ADDRESS CHALLENGES IN CANADA, OTHER BUSINESS ISSUES.
The ruling could have broad implications for the biofuel mandate, as various groups weigh challenges to EPA's management of the program. The oil industry unsuccessfully urged the EPA to lower the federal mandate to use 16.55 billion gallons of biofuels in 2013, saying it would unduly burden refiners.
TARGET'S MULLIGAN SAYS HE BELIEVES DATA THEFT IS LIMITED TO WHAT COMPANY HAS ALREADY REPORTED.
TARGET INTERIM CEO MULLIGAN TELLS REUTERS SAYS HE IS NOT INTERESTED IN BECOMING THE COMPANY'S CEO.