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  • NEW YORK, Feb 10- U.S. crude stockpiles fell unexpectedly last week as imports slumped, while gasoline inventories hit a record high for a second week, data from the Energy Information Administration showed on Wednesday. U.S. crude futures initially rose on the news, topping $29 a barrel, but quickly retreated, and was at $27.85, down 9 cents on the day by 11:03 a.m....

  • Feb 10- Waste collection company Advance Disposal Services Inc has decided to delay a $471 million initial public offering that was scheduled to price on Wednesday, due to stock market volatility, people familiar with the matter said. Airport restaurant operator OTG EXP Inc, which had been looking to raise as much as $585 million in its IPO, announced its...

  • The motion filed by Lance Cooper, a Georgia attorney who first publicly exposed the defect, accused a lawyer leading federal litigation over the switch, Robert Hilliard, of mismanaging the cases and negotiating a multimillion dollar settlement primarily to benefit his own clients, rather than all plaintiffs. District Judge Jesse Furman in Manhattan, who...

  • NEW YORK— Got hundreds of Facebook friends you hardly know? Now is a good time to do some digital cleanup, while the year is still fresh. Review your security and privacy settings, and make sure those casual acquaintances you met at a bar eons ago aren't still getting the most intimate details of your life.

  • *Yellen sees "gradual" adjustments to monetary policy. Feb 10- Wall Street was higher on Wednesday, led by financial stocks, after Federal Reserve Chair Janet Yellen said conditions in the United States would allow the Fed to pursue "gradual" adjustments to monetary policy. However, tightening financial conditions driven by falling stock prices, uncertainty over...

  • CHARGES FOLLOW PROBE BY FEDERAL PROSECUTORS IN MANHATTAN INTO PAYDAY LENDING FIRMS INCLUDING AMG SERVICES INC.

  • Feb 10- Wall Street was set to open higher on Wednesday, but U.S. stock futures eased some of their gains after Federal Reserve Chair Janet Yellen said conditions in the United States would allow the Fed to pursue "gradual" adjustments to monetary policy. However, tightening financial conditions driven by falling stock prices, uncertainty over China and a global...

  • Feb 10- Health insurer Humana Inc, which is being bought by rival Aetna Inc, on Wednesday said that it had set aside 74 cents per share in the fourth quarter to cover anticipated shortfalls in its 2016 individual health plan business. Wall Street analysts had estimated last month that the set aside would be about 70 cents per share. Humana said that many of its high...

  • NEW YORK _ BGC Partners Inc. on Wednesday reported fourth-quarter net income of $65 million, after reporting a loss in the same period a year earlier. The company, based in New York, said it had earnings of 24 cents per share. BGC Partners shares have declined 14 percent since the beginning of the year.

  • NEW YORK _ AmTrust Financial Services Inc. on Wednesday reported fourth-quarter profit of $72.6 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Three analysts surveyed by Zacks expected $1.09 billion.

  • MELVILLE, N.Y. _ Henry Schein Inc. on Wednesday reported fourth-quarter net income of $129.9 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share. Seven analysts surveyed by Zacks expected $2.83 billion.

  • NEW YORK— Staples has received European approval for its buyout of Office Depot and in exchange, it said Wednesday that it would split off some operations in Europe to allay monopoly fears. The company will divest all of Office Depot's operations in Sweden, as well as European retail, contract, online and catalog operations in an agreement with the European...

  • NEW YORK— Time Warner reported better-than-expected earnings in its fourth quarter, but a shortage of blockbusters at the box office pushed revenue lower. Time Warner reported fourth-quarter profit of $857 million, or $1.06 per share, up from $718 million, or 84 cents per share, in the same quarter a year ago. The average estimate of 14 analysts surveyed by Zacks...

  • NEW YORK _ Medidata Solutions Inc. on Wednesday reported fourth-quarter net income of $6.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Five analysts surveyed by Zacks expected $104.8 million.

  • Voya reports 4Q loss 9 Hours Ago

    NEW YORK _ Voya Financial Inc. on Wednesday reported a fourth-quarter loss of $106.8 million, after reporting a profit in the same period a year earlier. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Fourteen analysts surveyed by Zacks expected $319.3 million.

  • WASHINGTON, Feb 10- U.S. House of Representatives lawmakers will introduce bipartisan legislation on Wednesday that would prohibit states from requiring tech companies to build encryption weaknesses into their products. The legislation is in response to proposals in recent months in New York and California that would require companies to be able to...

  • The rout in oil prices since 2014 has hurt banks that made loans to oil and gas companies across the United States. At a conference on Tuesday ahead of the downgrade, senior executives at Comerica Inc estimated it would need to set aside an additional $75 million to $125 million in loan-loss reserves over the course of a year if oil prices remain at $30 per barrel.

  • NEW YORK _ Apollo Commercial Real Estate Finance on Tuesday reported fourth-quarter profit of $27.2 million. The New York- based company said it had net income of 32 cents per share. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

  • Pzena posts 4Q profit 21 Hours Ago

    NEW YORK _ Pzena Investment Management Inc. on Tuesday reported fourth-quarter earnings of $2.2 million. The New York- based company said it had net income of 12 cents per share. For the year, the company reported profit of $7.7 million, or 51 cents per share.

  • RYE, N.Y. _ Acadia Realty Trust on Tuesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Rye, New York, said it had funds from operations of $25.4 million, or 35 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 35 cents...