Wires

  • MELVILLE, N.Y. _ Verint Systems Inc. on Wednesday reported a fiscal third-quarter loss of $8.2 million, after reporting a profit in the same period a year earlier. Verint expects full-year earnings to be $2.50 per share. Verint shares have declined almost 6 percent since the beginning of the year.

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • President-elect Donald Trump plans to nominate wrestling magnate Linda McMahon as his choice to head the Small Business Administration, Trump's transition team said in a statement on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • *Wheat falls on hefty crop estimates for Canada, Australia. Chicago Board of Trade wheat for March delivery settled down 5-3/ 4 cents at $4.01 per bushel. March corn ended down 2-1/ 2 cents at $3.58 a bushel while January soybeans finished up 1-1/ 4 cents at $10.49 a bushel.

  • *S&P, Dow close at records as indexes rise over 1 pct. NEW YORK, Dec 7- Wall Street surged on Wednesday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the election of Donald Trump as U.S. president, and a new high for transportation stocks added to the bullish tone. "I think it's continuation of the view that the...

  • KANSAS CITY, Mo. _ H&R Block Inc. on Wednesday reported a loss of $146.2 million in its fiscal second quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share. H&R Block shares have dropped 30 percent since the beginning of the year, while the Standard& Poor's 500 index has risen almost 10 percent.

  • MELVILLE, N.Y. _ Comtech Telecommunications Corp. on Wednesday reported a fiscal first-quarter loss of $2.5 million, after reporting a profit in the same period a year earlier. Three analysts surveyed by Zacks expected $138.2 million. Comtech shares have fallen 37 percent since the beginning of the year.

  • ISSAQUAH, Wash. _ Costco Wholesale Corp. on Wednesday reported fiscal first-quarter profit of $545 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share. Costco shares have decreased nearly 5 percent since the beginning of the year, while the Standard& Poor's 500 index has risen almost 10 percent.

  • Dec 7- Warehouse club retailer Costco Wholesale Corp reported a 3.2 percent rise in quarterly revenue, helped by higher traffic in stores and higher sales of fresh foods. Net income attributable to the company rose to $545 million, or $1.24 per share, in the first quarter ended Nov. 20, from $480 million, or $1.09 per share, a year earlier. Total revenue rose to $28.10...

  • Dec 7- United States Steel Corp could be looking at restoring up to 10,000 jobs in the United States, Chief Executive Mario Longhi told CNBC on Wednesday, without providing a timeline for the additions. The company had about 21,000 employees in North America as of Dec. 31, down from about 28,000 in 2007.. The steelmaker is hoping to accelerate its investments in the...

  • *Oil dips on U.S. inventory date, doubts on impact of OPEC deal. NEW YORK, Dec 7- U.S. stocks jumped to record levels and bond prices climbed on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting. "The market does not have a lot of clarity on what the ECB would do tomorrow," said Jeffery Elswick,...

  • SAN FRANCISCO, Dec 7- Donald Trump's planned tax cuts and regulatory rollbacks will propel the world's biggest economy out of its slow-growth doldrums, economists sympathetic to the U.S. president-elect's policies say. They were among a group of 305 economists who signed a letter criticizing Hillary Clinton's economic policies ahead of the November...

  • VANCOUVER, British Columbia _ Lululemon Athletica Inc. on Wednesday reported fiscal third-quarter earnings of $68.3 million. Thirteen analysts surveyed by Zacks expected $542.7 million. Analysts surveyed by Zacks had expected revenue of $792 million.

  • President-elect Donald Trump plans to nominate Oklahoma Attorney General Scott Pruitt to head the Environmental Protection Agency, a Trump transition team source said on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest bank.

  • President-elect Donald Trump plans to nominate Oklahoma Attorney General Scott Pruitt to head the Environmental Protection Agency, a Trump transition team source said on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest bank.

  • President-elect Donald Trump plans to nominate Oklahoma Attorney General Scott Pruitt to head the Environmental Protection Agency, a Trump transition team source said on Wednesday. He assembled an investor group to buy a failed California mortgage lender in 2009, rebranded it as OneWest Bank and built it into Southern California's largest bank.

  • The increases come amid signs the siege mentality that permeated all parts of Canada's energy industry is lifting after more than two and a half years of slumping prices. "In western Canada outside of oil sands we expect to see activity increase year over year," said FirstEnergy Capital analyst Mike Dunn. The oil sands produce 2.4 million barrels per day, 65...

  • The increases come amid signs the siege mentality that permeated all parts of Canada's energy industry is lifting after more than two and a half years of slumping prices. "In western Canada outside of oil sands we expect to see activity increase year over year," said FirstEnergy Capital analyst Mike Dunn. The oil sands produce 2.4 million barrels per day, 65...