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  • WASHINGTON, Feb 3- The state-owned China National Chemical Corp, which plans to buy Swiss seeds and pesticide maker Syngenta, will promptly start preparations for what could be a lengthy U.S. national security review, as the House Agriculture Committee chairman said he would monitor the deal. The $43 billion deal, which was announced on Wednesday as a way for...

  • Report: Climate change threatens food fish in Northeast Wednesday, 3 Feb 2016 | 4:01 PM ET

    PORTLAND, Maine— Fish and shellfish that humans rely on for food and that are important to the economy are on a list of Northeastern marine species considered most vulnerable to climate change, a federal government report released Wednesday and published by the journal PLOS ONE said. The study ranged from Cape Hatteras, North Carolina, to the Gulf of Maine and is...

  • BELLE GLADE, Fla.— Dozens of farmworkers looked up at the little yellow plane buzzing over the Florida radish field, a mist of pesticide falling from its wings. "I smelled a strong odor and started feeling bad," worker Maria Garcia later told a state investigator. An Associated Press review of federal and state enforcement data and other records revealed that the...

  • *Lowe's to pay C $24/ shr per common share, C $20 for prefs. Feb 3- U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc in a deal valued at C $3.2 billion, winning over Rona's board with a far higher offer than its previous unsolicited bid more than three years ago that was opposed by the company and politicians in Quebec. North Carolina- based...

  • NEW YORK— Lowe's is expanding its footprint in Canada with a $2.3 billion acquisition of the home improvement retailer Rona. Chairman and CEO Robert Niblock said in a written statement Wednesday that the acquisition gives Lowe's exposure in Quebec, a province of more than 8 million people, where Lowe's currently has no presence. Lowe's has had limited...

  • District Judge Jed Rakoff in Manhattan certified two classes of plaintiffs, saying their claims are similar enough to be pursued as groups. One class bought various Petrobras securities from January 2010 to July 2015 and will be led by Universities Superannuation Scheme of Liverpool, England. The other bought debt securities from offerings in 2013 and 2014,...

  • District Judge Jed Rakoff in Manhattan certified two classes of plaintiffs, saying their claims are similar enough to be pursued as groups. One class bought various Petrobras securities from January 2010 to July 2015 and will be led by Germany's Union Asset Management Holdings AG. The other bought debt securities from offerings in 2013 and 2014, and will be...

  • GLOBAL MARKETS-Stocks slide as oil prices dive again Tuesday, 2 Feb 2016 | 4:23 PM ET

    *U.S. crude settles below $30/ barrel. NEW YORK, Feb 2- U.S. and European stock indexes fell sharply on Tuesday and buyers sought safe-haven government bonds after another tumble in depressed oil prices. Benchmark Brent crude settled down 4.4 percent, while U.S. crude fell 5.5 percent, settling below $30 a barrel.

  • *U.S. crude settles below $30/ barrel. NEW YORK, Feb 2- U.S. and European stock indexes fell sharply on Tuesday and buyers sought safe-haven government bonds after another tumble in depressed oil prices. Benchmark Brent crude settled down 4.4 percent, while U.S. crude fell 5.5 percent, settling below $30 a barrel.

  • Feb 2- U.S. stocks extended their selloff in early afternoon trading on Tuesday as falling oil prices heightened concerns regarding the health of the global economy and investors sought safer investments. Brent oil fell nearly 6 percent, while U.S. crude briefly slid below $30 per barrel, as hopes for a deal between OPEC and Russia on output cuts faded.

  • US STOCKS-Wall St dips as oil extends selloff Tuesday, 2 Feb 2016 | 11:35 AM ET

    Feb 2- Wall Street was sharply lower on Tuesday as falling oil prices heightened concerns regarding the health of the global economy and investors sought safer investments. Brent oil fell more than 5 percent, while U.S. crude briefly slid below $30 per barrel, as hopes for a deal between OPEC and Russia on output cuts faded. "We still haven't broken the correlation...

  • U.S. zinc producer Horsehead files for bankruptcy Tuesday, 2 Feb 2016 | 10:37 AM ET

    WILMINGTON, Del., Feb 2- Horsehead Holding Corp, a large U.S. zinc producer, filed for Chapter 11 bankruptcy on Tuesday due to a slump in metals prices and a shortage of cash. The Pittsburgh- based company is the latest victim of a commodity price crash that has claimed scores of U.S. energy exploration companies, miners and metals producers. Commodity prices have...

  • NEW YORK, Feb 2- Americans say they are on a sugar detox. A Reuters/Ipsos poll of 1,883 adults living in the United States, conducted Jan. 15-21, finds that 58 percent say they tried to limit sugar in their diets in the previous 30 days. To be sure, the survey asked people about their attempts to limit sugar, not about their success rate in doing so, and notoriously...

  • ASB Bancorp posts 4Q profit Monday, 1 Feb 2016 | 8:32 AM ET

    ASHEVILLE, N.C. _ ASB Bancorp Inc. on Monday reported net income of $946,000 in its fourth quarter. ASB Bancorp shares have fallen nearly 6 percent since the beginning of the year. Keywords: ASB Bancorp, Earnings Report.

  • HomeTrust Bancshares posts 2Q profit Friday, 29 Jan 2016 | 4:15 PM ET

    ASHEVILLE, N.C. _ HomeTrust Bancshares Inc. on Friday reported fiscal second-quarter net income of $2.4 million. HomeTrust Bancshares shares have fallen almost 9 percent since the beginning of the year. Keywords: HomeTrust Bancshares, Earnings Report.

  • CommunityOne posts 4Q profit Friday, 29 Jan 2016 | 8:29 AM ET

    CHARLOTTE, N.C. _ CommunityOne Bancorp on Friday reported fourth-quarter earnings of $356,000. The bank, based in Charlotte, North Carolina, said it had earnings of 1 cent per share. For the year, the company reported profit of $6.9 million, or 29 cents per share.

  • NewBridge posts 4Q profit Thursday, 28 Jan 2016 | 5:59 PM ET

    GREENSBORO, N.C. _ NewBridge Bancorp on Thursday reported fourth-quarter net income of $3.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share. The holding company for NewBridge Bank posted revenue of $26.9 million in the period.

  • First Bancorp posts 4Q profit Thursday, 28 Jan 2016 | 5:07 PM ET

    SOUTHERN PINES, N.C. _ First Bancorp on Thursday reported fourth-quarter net income of $6.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 33 cents per share. First Bancorp shares have risen slightly since the beginning of the year.

  • Yadkin posts 4Q profit Thursday, 28 Jan 2016 | 9:37 AM ET

    RALEIGH, N.C. _ Yadkin Financial Corp. on Thursday reported fourth-quarter earnings of $11.8 million. The bank, based in Raleigh, North Carolina, said it had earnings of 37 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.

  • Park Sterling posts 4Q profit Thursday, 28 Jan 2016 | 9:33 AM ET

    CHARLOTTE, N.C. _ Park Sterling Corp. on Thursday reported fourth-quarter profit of $3.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 11 cents per share. Park Sterling shares have dropped roughly 7 percent since the beginning of the year.