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  • *USDA raises forecast for world ending stocks, adds pressure. SINGAPORE, Feb 10- Chicago wheat futures slid for a fifth straight session on Wednesday to trade near its lowest since 2010 as the market faced headwinds from a U.S. estimate of record global year-end stocks. Chicago Board Of Trade most-active wheat contract fell 0.1 percent to $4.57 a bushel by 0242 GMT,...

  • SYDNEY, Feb 10- U.S. wheat was steady on Wednesday, but holding near the lowest since 2010 hit in the previous session, as prices remained under pressure from the U.S. Department of Agriculture's larger-than-expected forecast for end of season stocks. *USDA pegged wheat ending stocks above trade expectations, largely due to a 4 million tonne cut in usage by China,...

  • SPRINGFIELD, Ill. _ Horace Mann Educators Corp. on Tuesday reported fourth-quarter earnings of $21.1 million. The Springfield, Illinois- based company said it had net income of 50 cents per share. For the year, the company reported profit of $93.5 million, or $2.20 per share.

  • NORTHBROOK, Ill. _ KapStone Paper and Packaging Corp. on Tuesday reported fourth-quarter earnings of $11.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. Five analysts surveyed by Zacks expected $771.9 million.

  • NAPERVILLE, Ill. _ Calamos Asset Management Inc. on Tuesday reported fourth-quarter earnings of $830,000. For the year, the company reported profit of $3.3 million, or 18 cents per share. Calamos Asset Management shares have declined almost 7 percent since the beginning of the year.

  • In its filing, U.S. Foods said it has about 25,000 workers and annual sales of $23 billion. The filing comes several months after a judge blocked plans by larger rival Sysco Corp. to acquire U.S. Foods for $3.5 billion. U.S. Foods is owned by two private investment firms, Clayton, Dubilier& Rice and Kohlberg Kravis Roberts, which say they plan to keep controlling a...

  • *Yellen to defend Fed rate hikes in Congress. Feb 9- U.S. stocks ended a volatile session slightly lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices. Shares of Anadarko Petroleum dropped 7 percent to $37.24.

  • NEW YORK, Feb 9- Oil traders have scrambled to scoop up options as additional protection against wild swings in prices, sending a key index to its highest level since the worst of the global economic crisis in 2008, data shows. The flurry comes as oil benchmarks have tested new 12-1/ 2- year lows, falling nearly 8 percent on Tuesday, as one of the worst supply gluts in...

  • GLENWOOD, Ill. _ Landauer Inc. on Tuesday reported fiscal first-quarter profit of $3.6 million. The Glenwood, Illinois- based company said it had profit of 38 cents per share. Landauer shares have fallen 17 percent since the beginning of the year.

  • *U.S. shares erase most losses to end slightly lower. Index of top European shares hits lowest since Sept' 13. NEW YORK, Feb 9- U.S. stocks recovered from early losses to end slightly lower on Tuesday while European shares plunged for a second straight day on fears of slowing global growth, with particular concern over the health of the banking sector.

  • *Yellen to defend Fed rate hikes in Congress. Feb 9- U.S. stocks ended a volatile session barely lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices. Shares of Anadarko Petroleum dropped 7 percent to $37.24.

  • NEW YORK, Feb 9- Shareholders of the former GFI Group Inc may pursue a lawsuit accusing two top executives of fraudulently causing them to sell their stock prematurely as part of a plan to take the firm's main brokerage unit private, a federal judge ruled on Tuesday. District Judge William Pauley in Manhattan said former GFI Chairman Michael Gooch, former Chief...

  • CHICAGO, Feb 9- Bunge Ltd has launched legal proceedings against Egypt's state grain buyer over a rejected cargo of French wheat, highlighting uncertainty among suppliers who are already charging a risk premium to the world's largest wheat importer. Egypt, which buys wheat to provide its poorest citizens with bread, has in recent weeks fueled confusion in the...

  • WASHINGTON, Feb 9- U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to a drop in already weak demand for U.S. supplies on the export market, the government said on Tuesday. The U.S. Agriculture Department in its monthly supply and demand report also raised its soybean ending stocks outlook due to a slowdown...

  • Crop prospects are also improving in South America, which competes with the United States for export business, after weekend rains eased concerns about dryness in Argentina, the world's top exporter of soyoil and soymeal and the No. 3 soybean supplier. Traders will probably resume monitoring South American yields and demand once the USDA issues monthly crop...

  • CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for March delivery was 1.50 cents lower at $4.57 a bushel; March corn was 1 cent lower at $3.6120 a bushel; March oats were. 50 cent higher at $1.9940 a bushel; while March soybeans was. 50 cent higher at $8.63 a bushel. April live cattle was. 45 cent lower at $1.3095 a pound; March...

  • VERNON HILLS, Ill. _ CDW Corp. on Tuesday reported fourth-quarter profit of $89.3 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 73 cents per share. Five analysts surveyed by Zacks expected $3.4 billion.

  • *USDA supply/demand report due at 1700 GMT. PARIS/ SYDNEY, Feb 9- Chicago wheat edged higher on Tuesday, recovering from a one-month low as investors awaited monthly U.S. government grain forecasts, but Paris futures extended losses to new contract lows as export worries continued to weigh on European prices. But wheat remained under pressure from ample global...

  • HOFFMAN ESTATES, Ill.— Sears keeps pruning its business in a years-long makeover, a bid to transform itself from a 123- year-old retail store into a nimble, 21st century operator. Comparable-store sales in the fourth quarter dropped 6.9 percent at Sears, and 7.2 percent at Kmart, which the also company owns. While the quarter that contains the critical shopping...

  • LAKE FOREST, Ill. _ Tenneco Inc. on Tuesday reported fourth-quarter net income of $68 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share. Tenneco shares have decreased 22 percent since the beginning of the year.