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  • Domtar tops Street 4Q forecasts Friday, 5 Feb 2016 | 8:03 AM ET

    FORT MILL, S.C. _ Domtar Corp. on Friday reported fourth-quarter earnings of $57 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. Domtar shares have declined 15 percent since the beginning of the year.

  • WASHINGTON/ NEW YORK, Feb 4- Former drug executive Martin Shkreli smirked and brushed off questions about drug prices then tweeted that lawmakers were imbeciles on Thursday, when he appeared at a U.S. congressional hearing against his will. Shkreli, 32, sparked outrage last year among patients, medical societies and Democratic presidential front-runner...

  • WASHINGTON/ NEW YORK, Feb 4- Former drug executive Martin Shkreli laughed off questions about drug prices and tweeted that lawmakers were imbeciles on Thursday, when he appeared at a U.S. congressional hearing against his will. Shkreli, 32, sparked outrage last year among patients, medical societies and Democratic presidential front-runner Hillary Clinton...

  • WASHINGTON/ New York, Feb 4- Former Turing Pharmaceuticals Chief Executive Officer Martin Shkreli invoked his Fifth Amendment right against self-incrimination and declined to answer questions on Thursday from U.S. lawmakers interested in why the company raised the price of a lifesaving medicine by 5,000 percent. Shkreli, 32, sparked outrage last year...

  • WASHINGTON, Feb 3- Switching the disposal of weapons-grade plutonium to New Mexico from an existing South Carolina site could cost the U.S. government more than $20 billion and raise safety concerns, according to a new study commissioned by the firms building the current site. High Bridge, a consultant to the nuclear industry, in its report said disposal of...

  • Feb 3- U.S. stocks staged a late-day rally on Wednesday as an 8- percent jump in oil prices lifted beaten-down energy shares and financials rebounded. Comments by Russia's foreign minister reignited hopes of a deal among oil producers to trim output. "What are keying off of is the move in commodities and in the dollar," said Walter Todd, chief investment officer at...

  • *Wall St higher as oil rally boosts energy stocks. NEW YORK, Feb 3- The U.S. dollar tumbled on Wednesday after comments from a Federal Reserve official and a soft services sector report suggested a slowing pace of rate hikes, sparking a rally in oil prices that also boosted U.S. equities. "What are keying off of is the move in commodities and in the dollar," said Walter Todd,...

  • Rubio could see campaign fortunes rise from Iowa finish Wednesday, 3 Feb 2016 | 3:15 AM ET

    WASHINGTON— Marco Rubio's strong third-place finish in Iowa could sound like a starting gun to the Republican Party's top donors. Rubio, a 44- year-old Florida senator, came within striking distance of Trump's second place in Iowa, a surprising result given the celebrity businessman's dominance in polls. Rubio moves on to New Hampshire, which weighs in Tuesday,...

  • WASHINGTON, Feb 2- A panel of former U.S. transportation officials commissioned by Takata Corp to review its safety and quality efforts said on Tuesday the Japanese air bag manufacturer must make significant improvements to address quality problems in the wake of a record-setting recalls. The panel's report, released on Tuesday, was commissioned by Takata in...

  • Takata panel finds problems with its quality processes Tuesday, 2 Feb 2016 | 10:24 AM ET

    DETROIT— Embattled air bag maker Takata Corp. lacks processes that would improve the quality of its products, including air bag inflators that have been blamed for at least 11 deaths and 139 injuries, an outside panel hired by the company has found. The group, which includes three former heads of the U.S. National Highway Traffic Safety Administration, was formed...

  • NEW YORK— In the latest chapter of a scandal that's jolted New York's art world, a federal jury is hearing about a Chinese immigrant who forged fakes of modern masters such as Jackson Pollock and Mark Rothko in his garage, a once-reputable Manhattan gallery that sold them and the wealthy buyers who paid millions for the knockoffs. "I got a fake painting for $8.3...

  • Regional Management misses 4Q profit forecasts Thursday, 28 Jan 2016 | 5:52 PM ET

    GREENVILLE, S.C. _ Regional Management Corp. on Thursday reported fourth-quarter net income of $7.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Regional Management shares have declined 15 percent since the beginning of the year.

  • That expenditure by the Port Authority of New York and New Jersey on the Pulaski Skyway is now being challenged by an airline, probed by the Federal Aviation Administration and investigated by both the Securities Exchange Commission and the Manhattan district attorney. The case focuses on whether the Port Authority, the entity that controls the region's...

  • Kemet reports 3Q loss Thursday, 28 Jan 2016 | 10:08 AM ET

    SIMPSONVILLE, S.C. _ Kemet Corp. on Thursday reported a fiscal third-quarter loss of $8.6 million, after reporting a profit in the same period a year earlier. The Simpsonville, South Carolina- based company said it had a loss of 19 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • World Acceptance posts 3Q profit Thursday, 28 Jan 2016 | 6:37 AM ET

    GREENVILLE, S.C. _ World Acceptance Corp. on Thursday reported fiscal third-quarter profit of $14.8 million. World Acceptance shares have risen roughly 2 percent since the beginning of the year. Keywords: World Acceptance, Earnings Report.

  • Another death reported in crash involving Takata air bags Wednesday, 27 Jan 2016 | 10:46 AM ET

    The driver of a 2007 Honda Civic died last year in India, according to Takata documents posted Wednesday by the U.S. National Highway Traffic Safety Administration. An inflator exploded in the crash, spraying metal fragments, but authorities in India have not determined the cause of death, according to the documents. On Wednesday, Takata filed paperwork...

  • Nikki Haley on Tuesday moved forward with her threat to sue the U.S. Department of Energy for the agency's failure to meet a Jan. 1 nuclear fuel deadline, asking South Carolina's top prosecutor to pursue litigation and collection of $1 million daily fine. "South Carolina will not sit idly by while DOE continues— in violation of federal law— to ignore its commitment...

  • Hiring rises in 36 US states in December Tuesday, 26 Jan 2016 | 10:35 AM ET

    WASHINGTON— Employers added jobs in 36 states last month, led by big gains in California, Texas and Florida, evidence that hiring remains solid nationwide. THE NUMBERS: The widespread hiring helped push down unemployment rates in 25 states in December, with the sharpest drops occurring in Missouri and Oregon. BIG PICTURE: California added 60,400 jobs last month,...

  • Joel Knight, 52, of Kershaw died when he was struck in the neck by metal shrapnel after his 2006 Ranger hit a cow in the road and struck a fence. The government says automakers will recall another 5 million vehicles equipped with faulty inflators made by Takata Corp. of Japan. The National Highway Traffic Safety Administration says the number of recalls is likely...

  • AVX posts 3Q profit Tuesday, 26 Jan 2016 | 8:35 AM ET

    FOUNTAIN INN, S.C. _ AVX Corp. on Tuesday reported fiscal third-quarter net income of $26.8 million. On a per-share basis, the Fountain Inn, South Carolina- based company said it had profit of 16 cents. This story was generated by Automated Insights using data from Zacks Investment Research.