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  • NEW YORK— Kate Spade& Co. on Wednesday reported second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. Kate Spade shares have dropped 35 percent since the beginning of the year.

  • NEW YORK _ Keryx Biopharmaceuticals Inc. on Wednesday reported a loss of $26.9 million in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 26 cents per share. Three analysts surveyed by Zacks expected $2.8 million.

  • NEW YORK _ Intra-Cellular Therapies Inc. on Wednesday reported a loss of $21.5 million in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 74 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK— Time Warner Inc. on Wednesday reported second-quarter earnings of $971 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share. Time Warner shares have climbed roughly 3 percent since the beginning of the year, while the Standard& Poor's 500 index has risen almost 2 percent.

  • NEW YORK— Iowa and New Hampshire are still on the horizon— but first there's the Fox primary, and the buildup to this week's first Republican presidential debate shows that the influence of Fox News Channel on the GOP selection process is stronger than ever. Six hopefuls— Donald Trump, Rand Paul, Mike Huckabee, Bobby Jindal, Carly Fiorina and Rick Perry— have appeared...

  • NEW YORK— Companies have learned to use Facebook, Instagram and other social media to drum up business and now they're finding ways to exploit two new apps, Periscope and Meerkat. The apps allow users to stream live video using just a smartphone. Periscope is owned by short-messaging service Twitter and Meerkat by startup Life on Air Inc. Meerkat's investors...

  • NEW YORK— When Apple announced new iPod music players a few weeks ago, many people asked why anyone would need iPods when smartphones can play music and more. I had that question myself— until I remembered I've been carrying an iPod almost every day, mostly for my runs. There are times a stand-alone device such as an iPod works better than a jack-of-all-trades like a...

  • *India also considering small local tax on sugar- sources. NEW DELHI, Aug 5- India is likely to bring in rules to make it compulsory for sugar mills to export millions of tonnes of surplus supplies to support local prices, sources said, in a move that could quell growing anger among farmers but add to a glut on global markets. If approved, India could overtake Australia...

  • KEEPING SCORE: Japan's Nikkei 225 rose 0.7 percent to 20,666.74 and South Korea's Kospi added 0.1 percent to 2,030.11. Stocks in Taiwan, India and Southeast Asia rose. Also on Friday, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for July, which shows the status of U.S. service firms that...

  • NEW YORK— Former New York City Mayor Michael Bloomberg's foundation, Bloomberg Philanthropies, announced the first eight winners Wednesday in a competition that will provide 100 mid-sized U.S. cities with $42 million worth of expert help to make data more accessible and useful to citizens and officials.

  • WASHINGTON— Donald Trump vows to bring back the millions of American jobs lost to China and other foreign competitors if voters put him in the White House. A study published last year by the National Bureau of Economic Research found that between 2 million and 2.4 million jobs were lost to competition from China from 1999 to 2011.. Announcing his presidential...

  • NEW YORK— Jackson, Mississippi, and Mesa, Arizona, aim to make troves of data about city operations available online for the first time. They're among the first eight winners, set to be announced Wednesday, in a $42 million, 100- city data-use contest sponsored by former New York Mayor Michael Bloomberg's foundation. Winners so far also include Chattanooga,...

  • Aug 5- General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the latest step in the U.S. conglomerate's effort to gain business from data generated by machines. GE Chief Executive Jeff Immelt has bet on developing analytics and software for customers of the company's jet engines, power-generating...

  • TOKYO, Aug 5- The dollar extended gains against the yen and euro on Wednesday after Atlanta Federal Reserve President Dennis Lockhart expressed support for an interest rate hike in September. Lockhart, a voter this year on the Federal Open Market Committee, told the Wall Street Journal that it would take "significant deterioration" in the U.S. economy for him to...

  • TOKYO, Aug 5- The dollar stood tall against the yen and euro early on Wednesday after Atlanta Federal Reserve President Dennis Lockhart expressed his support for an interest rate hike in September. The euro was steady at $1.0892 after sliding to a two-week low of $1.0879. "Lockhart was not scheduled to speak until Monday, so the hawkishness of the comments, and the...

  • NEW YORK _ Two Harbors Investments Corp. on Tuesday reported second-quarter profit of $221.5 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Four analysts surveyed by Zacks expected $120.2 million.

  • PORT WASHINGTON, N.Y. _ Systemax Inc. on Tuesday reported a loss of $28.4 million in its second quarter. On a per-share basis, the Port Washington, New York- based company said it had a loss of 77 cents. Systemax shares have decreased 48 percent since the beginning of the year.

  • NEW YORK _ Garrison Capital Inc. on Tuesday reported second-quarter net income of $3.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Garrison Capital shares have risen slightly more than 5 percent since the beginning of the year.

  • The 100- year-old retailer- backed by Canadian Pension Plan Investment Board and Ares Management LP- sells apparel, handbags, shoes, cosmetics and designer jewelry. Dallas- based Neiman Marcus operates 41 department stores bearing its name, the famed Bergdorf Goodman store on Manhattan's Fifth Avenue and the Last Call off-price chain. Neiman Marcus's...

  • MBIA posts 2Q profit 13 Hours Ago

    PURCHASE, N.Y. _ MBIA Inc. on Tuesday reported second-quarter earnings of $64 million. The Purchase, New York- based company said it had profit of 36 cents per share. MBIA shares have decreased 36 percent since the beginning of the year.