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  • July 31- Wall Street was mixed on Friday as a drop in energy companies' stocks was offset by expectations the U.S. Exxon Mobil shares fell 3.5 percent while Chevron was down 3.9 percent after reporting poor quarterly earnings due to weak oil prices. This definitely puts a lower probability on that, "said Stanley Sun, interest rate strategist at Nomura Securities...

  • NEW YORK— Shares of Fluor Corp. skidded Friday after the engineering and construction company slashed its annual profit forecast, saying it isn't getting as many contracts because of the falling price of oil and metals. Fluor now expects a profit of $4.05 to $4.35 per share in 2015. It had forecast a profit of $4.40 to $5 per share. KeyBanc Capital Markets analyst...

  • NEW YORK— As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. For instance, Exxon Mobil said Friday it cut spending by $1.54 billion in the second quarter, while Chevron announced it is laying off 1,500 workers.

  • July 31- The founders of Vermillion Asset Management have left the firm after an exodus of investor cash left just $50 million in assets at its flagship fund, a person familiar with the matter said, in the latest upheaval at a big commodities fund amid a price rout. Andrew Gilbert and Chris Nygaard, who set up commodities hedge fund manager Vermillion 10 years ago,...

  • WASHINGTON, July 31- The U.S. nuclear industry has made a last-minute push to urge the Obama administration to protect the country's 100 nuclear units in its forthcoming carbon rule and prevent the early retirement of several plants. Representatives of the Nuclear Energy Institute met on July 21 with White House officials who are currently reviewing the...

  • NEW YORK, July 31- A New York judge has narrowed the scope of a $100 million defamation lawsuit filed by billionaire hedge fund manager Louis Bacon against Canadian fashion designer Peter Nygård, part of a bitter dispute over neighboring properties they own in the Bahamas. In a decision made public on Friday, Justice Cynthia Kern in State Supreme Court in...

  • NEW YORK— Uniform and first aid products company Cintas Corp. is buying ZEE Medical from McKesson Corp. for about $130 million in cash, expanding its position in emergency services products. The deal is expected to add between $110 and $120 million in annual revenue for Cintas. Cincinnati, Ohio- based Cintas expects the deal to close on Aug. 1.

  • NEW YORK, July 31- Investors worldwide pulled $1.2 billion out of precious metals funds in the week ended July 29 on expectations for higher U.S. interest rates and weakness in Chinese shares, data from a Bank of America Merrill Lynch Global Research report showed on Friday. A sudden, sharp rout across New York and Shanghai markets intensified selling pressure on...

  • DETAILS: Quartet Magnetic and Dry Erase Boards sold between January 2005 and December 2013. The boards were sold in eight sizes, including 5 ½ x 14, 8 ½ x 11, 11 ½ x 11 ½, 11 x 17, 12 x 12, 14 x14, 17 x 17 and 17 x 23. They were sold at Ace Hardware, Fred Meyer, Menards, Office Depot and other stores nationwide. FOR MORE: Call ACCO Brands at 800-611-6654 from 8 a.m. to 5 p.m. CT...

  • *Oil hit by bearish Reuters July survey on OPEC oil. *5 rigs added this week to U.S. oil rig count- Baker Hughes. NEW YORK, July 31- Oil prices fell on Friday, with U.S. crude looking set to post the largest monthly drop since the 2008 financial crisis after signs that top producers in the Middle East were continuing to pump at record levels despite a growing global gut.

  • *Second-qtr wage growth slowest in 33 years. July 31- Wall Street rose in early afternoon trading on Friday after an historically weak reading of U.S wage growth lent weight to the view that the U.S. Exxon Mobil shares fell 3.5 percent to $80.12 while Chevron was down 3.9 percent at $89.43 after quarterly profits slumped on falling oil prices.

  • The surprisingly smaller rise reported by the Labor Department on Friday did little to temper expectations that the Federal Reserve is set to raise interest rates later this year. This is precisely how the Fed will interpret this report, even if the numbers here are atrocious, "said Eric Green, chief economist at TD Securities in New York. The Employment Cost...

  • *Oil weighed by bearish Reuters July survey on OPEC oil. NEW YORK, July 31- Oil prices fell on Friday, with U.S. crude set to post the largest monthly drop since the 2008 financial crisis, after signs that top producers in the Middle East were continuing to pump at record levels despite a growing global gut. July's losses came on the back of a stock market tumble in top...

  • ALBANY, N.Y.— The five companies picked to grow and dispense medical marijuana in New York include one run by a Minnesota physician, three with dispensaries in other states and another with a personal connection to those the state's new program aims to help. Grow centers are planned for Queens, Orange, Monroe, Fulton and Warren counties. "We are ready to go," said...

  • NEW YORK— HanesBrands fell further than any other stock on the Standard& Poor's index Friday after it reported disappointing sales and declining profit. At the time HanesBrands thought that change was temporary, but now believes those changes to be permanent. After the market closed on Thursday, Hanesbrands reported net income of $94.9 million, down from...

  • Employment Cost Index barely rises in Q2. NEW YORK, July 31- U.S. The Employment Cost Index, the broadest measure of labor costs, rose 0.2 percent, marking the smallest increase in the index's 33- year history, the U.S. Labor Department reported.

  • *Dollar index on track for 1.2 percent gain in July. *Upbeat core inflation data bolsters euro. NEW YORK, July 31- The dollar fell against a basket of currencies on Friday, ending a decent month on a sour note as a record-low rise in U.S. employment costs in the second quarter dialed back bets the Federal Reserve would raise interest rates later this year.

  • *Wall St slightly higher in early trading. NEW YORK, July 31- The dollar tumbled and benchmark U.S. Wall Street stock prices rose, also taking a cue from the Employment Cost Index data showing the smallest quarterly increase in 33 years.

  • NEW YORK— It hasn't been an easy week in social media, despite double-digit revenue growth from Twitter, LinkedIn and Facebook. Investors are looking beyond headline numbers and finding reasons to sell. Yelp fared the worst, its shares down 25 percent for the week as some question the company's ability to survive on its own.

  • NEW YORK— Amazon wants to make the connected home a little more connected... to your shopping list. With its new' Dash' buttons, members of its $99 annual Prime loyalty program can reorder household items like baby food, coffee and laundry detergent with the touch of a button. Shares rose $1.99 to $538.75 in morning trading Friday.