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  • Tilly's tops 1Q profit forecasts Wednesday, 27 May 2015 | 4:10 PM ET

    IRVINE, Calif. _ Tilly's Inc. on Wednesday reported fiscal first-quarter net income of $1.3 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. Five analysts surveyed by Zacks expected $121.2 million.

  • *Greece worries support Treasuries prices. Treasury yields edged lower on Wednesday on month-end buying and lingering concerns over Greece, while shorter-dated yields were mostly stable after the fears over Greece offset new supply. Concerns over Greece also spurred some demand for safe-haven Treasuries.

  • SAO PAULO, May 27- Russia on Wednesday banned the import of meat from 10 Brazilian processing plants starting on June 9, but the world's top beef exporter said the ban will not impact trade. Russia, the second biggest importer of Brazilian beef in 2014 after Hong Kong and a major importer of the country's pork, regularly bans imports from Brazilian meat packers.

  • 'Canceled': When it makes sense to close a credit card Wednesday, 27 May 2015 | 4:07 PM ET

    New credit card offers can be tempting, especially when they tout a lower interest rate or more attractive rewards than what's in your wallet. But before you sign up for yet another card, consider whether you'd be better off financially closing out any of the cards you already have. "Don't let concerns about a credit score cause you to make a bad financial decision,"...

  • May 27- Wearable fitness tracking device maker Fitbit Inc is being sued by rival Jawbone, which accused Fitbit of "plundering" confidential data, the New York Times reported. Jawbone accused Fitbit of "systematically plundering" confidential information by poaching employees who improperly downloaded sensitive materials shortly before leaving, the Times...

  • NEW YORK, May 27- U.S. stocks rose on Wednesday, with the Nasdaq Composite setting a record closing high, led by a rebound in technology and healthcare stocks and on optimism that Greece would avoid defaulting on its debt.

  • WASHINGTON, May 27- The U.S. Navy on Wednesday said it had signed a deal with Japan to buy components from two decommissioned, U.S.-built MH-53E heavy-lift helicopters operated by the Asian country, and other spare parts to help service its own aging fleet of H-53 aircraft. The deal is small, valued at just over $67,000, but marks the first time that Naval Air Systems...

  • Figures on government spending and debt Wednesday, 27 May 2015 | 4:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Office Depot to pay $3.4 million over faulty chairs Wednesday, 27 May 2015 | 3:58 PM ET

    NEW YORK— Office Depot will pay regulators $3.4 million to settle charges that it did not report defects of two of its office chair models fast enough, even after receiving more than 200 complaints. The agency said Office Depot did not notify the regulator until it contacted the company. Office Depot sold more than 1.4 million of the defective Gibson chairs...

  • Tracy Morgan settles suit with Wal-Mart over fatal crash Wednesday, 27 May 2015 | 3:56 PM ET

    NEWARK, N.J.— Actor-comedian Tracy Morgan has settled his lawsuit against Wal-Mart over a highway crash that killed one man and left Morgan and two friends seriously injured. Morgan's lawyer, Benedict Morelli, said he and Walmart worked diligently to reach the settlement for the plaintiffs and their families. "Walmart took full responsibility for the accident,...

  • Wal-Mart, Tracy Morgan settle lawsuit related to accident Wednesday, 27 May 2015 | 3:51 PM ET

    May 27- Wal-Mart Stores Inc said it settled a lawsuit with the representatives of comedian Tracy Morgan and two others, who were seriously injured in an accident involving its truck. Wal-Mart had already settled with his children. McNair, Morgan and others were returning from a performance in Delaware when the limousine bus they were traveling in on the New...

  • CHICAGO, May 27- The operating unit of Caesars Entertainment Corp received court approval on Wednesday to remain in control of its bankruptcy for another six months. Bankruptcy Judge Benjamin Goldgar in Chicago allows the country's largest casino operator to pursue its plan for cutting its $18 billion debt without the threat of a rival plan from creditors.

  • OSLO, May 27- Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. Already under pressure from Norway's political establishment, the fund has been selling down its coal portfolio in recent quarters...

  • NY Assembly votes for universal health coverage Wednesday, 27 May 2015 | 3:46 PM ET

    ALBANY, N.Y.— The New York Assembly voted 89-47 on Wednesday for legislation to establish publicly funded universal health coverage in a so-called single payer system. Also, waivers would be sought so federal funds now received for New Yorkers in Medicare, Medicaid and Child Health Plus would apply. The Manhattan Democrat estimated universal care would save...

  • Stocks of major US airlines end 6-session losing streak Wednesday, 27 May 2015 | 3:43 PM ET

    Airline stocks rose Wednesday to break a losing streak caused by investors' concern that cheaper oil has tricked the carriers into growing too quickly. Airline stocks started sliding last week after Southwest announced another increase in its planned expansion for 2015, and after Parker said that American would cut prices to match moves by discount...

  • INTERNATIONAL FALLS, Minn.— An old wooden railroad bridge near Minnesota's northern border burned and collapsed early Wednesday, shutting a busy train route that connects the Pacific Coast with Chicago. The bridge in Koochiching County belongs to Canadian National Railway. The collapse blocked a Canadian National line that runs from Prince Rupert, British...

  • U.S. state April income tax revenue returns to growth Wednesday, 27 May 2015 | 3:35 PM ET

    May 27- U.S. state personal income taxes rebounded in the key revenue month of April, partly due to 2014' s strong stock market, after dropping a year ago, but collections have not fully stabilized since big increases in 2013.. Brian Sigritz, director of state fiscal studies at the National Association of State Budget Officers, said income tax revenue, boosted in part...

  • Software glitch can cause iPhones to crash Wednesday, 27 May 2015 | 3:31 PM ET

    AP Technology Writer— A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message. Apple says it's aware of the problem and is working on a fix. But some pranksters are sharing information about the glitch on social media and using it to crash other peoples' phones.

  • NEW YORK, May 27- Oil prices fell by up to 3 percent for a second straight day on Wednesday as a resurgent dollar weighed on the market ahead of U.S. inventory data. Other factors held little sway, including France's warning to Iran that it was ready to block a final deal on Tehran's nuclear program unless Iran provided full access to inspectors.

  • May 27- The Federal Bureau of Investigation is probing a surgical tool found to spread uterine cancer and what Johnson& Johnson knew about its risks before withdrawing its version of the device last year, the Wall Street Journal reported. A J&J spokesman said the company has not been contacted by the FBI regarding its Ethicon morcellation devices.