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  • PETALUMA, Calif. _ Calix Inc. on Tuesday reported a loss of $9.5 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share. Five analysts surveyed by Zacks expected $104.4 million.

  • WASHINGTON— The House has approved a bill to increase oversight and management of large construction projects at the Department of Veterans Affairs after a new VA hospital outside Denver tripled original cost estimates. The bill, approved Tuesday on a voice vote, requires the VA to allow the Army Corps of Engineers or other federal agency to manage projects...

  • TORONTO, Feb 9- Canada's main stock index tumbled on Tuesday as falling crude oil prices weighed on its energy and financial sector stocks. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 252.75 points, or 2.02 percent, at 12,282.65. It was the index's lowest close since Jan. 25.

  • BURLINGTON, Mass. _ Nuance Communications Inc. on Tuesday reported a loss of $12.1 million in its fiscal first quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Nuance Communications shares have declined 19 percent since the beginning of the year.

  • The company also announced a $1 billion share buyback program. Net income fell to $88.4 million, or 49 cents per share, in the fourth quarter ended Dec. 31 from $97.1 million, or 54 cents per share, a year earlier. Revenue rose to $579.2 million from $536.3 million.

  • BOSTON, Feb 9- Hedge fund manager William Ackman, who has a $1 billion short bet on Herbalife stock, on Tuesday released a video of former Herbalife sellers claiming the company misled them. Herbalife shares on Tuesday opened flat then rose 2.6 percent to $44.55. Ackman's firm, Pershing Square Capital Management, posted the video on its website...

  • NEW YORK, Feb 9- U.S. stocks ended a volatile session down slightly on Tuesday as a late-day rally by materials and healthcare shares offset another big drop in oil prices.

  • Feb 9- General Motors Co said Tuesday it is recalling 473,000 pickups and SUVs in North America because brake pedals could fail due to a faulty nut. The Detroit automaker is calling back 426,573 2015-16 Chevrolet Silverado HD, GMC Sierra HD, and Chevrolet Tahoe police vehicles in the United States and 46,837 in Canada. GM says the brake pedal pivot nut may become...

  • NEW YORK, Feb 9- U.S. "The mood in the market is very much' sell today, ask questions later' which is a boost for Treasuries and that flight to safety is led by fear," said Gennadiy Goldberg, interest rate strategist at TD Securities in New York. "Stocks found a bottom so Treasuries are adjusting and trading in line with that, but investors are still skittish," said Stanley Sun,...

  • NEW YORK, Feb 9- Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/ 2- year lows hit last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weak equities also pressured prices. "The longs got out, the shorts jumped back in and there was possibly a whole lot of hedging by producers...

  • FRESNO, Calif.— A new state report shows California farmers reaping record sales despite the epic drought, thriving even as city-dwellers have been forced to conserve water, household wells have run dry and fish have died. Experts cite two key reasons for California farms' strong showing even in dry times: a California almond boom fed by surging demand from China...

  • NEW YORK, Feb 9- The chief investment officer of Apex Capital is departing to launch a new technology-focused hedge fund, causing a restructuring of his old firm, according to a letter sent to Apex clients and a person familiar with the situation. That new firm is SoMa Equity Partners, and will led by current Apex chief investment officer Gil Simon.

  • EXCLUSIVE: DEPARTURE OF CIO PROMPTS RESTRUCTURING OF APEX- LETTER.

  • EXCLUSIVE: APEX CAPITAL CIO DEPARTS TO LAUNCH TECH-FOCUSED HEDGE FUND- LETTER.

  • Monsanto will pay an $80 million penalty and several executives will pay smaller amounts to settle federal allegations that the agribusiness giant misstated its earnings by not properly disclosing the costs of a rebate program for its Roundup weed-killer. In addition, the SEC said Tuesday that three of Monsanto's accounting and sales executives will pay...

  • *India ruled Monday against differential data pricing. *Regulators in other Free Basics markets may follow India. "Not only because India was expected to be such a critical piece of the overall Internet.org success story, but more so because it has potential dangerous knock-on effects for the universal access initiative in other markets."

  • SAN FRANCISCO, Feb 9- Global economic uncertainty and worries about weak spending on information technology are forcing investors in cloud computing stocks and related enterprise companies to take a reality check. That's the mentality of technology investors right now, "said Michael James, managing director of equity trading at Wedbush Securities in Los...

  • MEXICO CITY, Feb 9- Mexico's peso fell to a record low on Tuesday and Colombia's peso sank as a sharp drop in oil prices and growing fears of a global slowdown pushed investors to safe-haven currencies like the Japanese yen. Mexico's peso shed more than 0.7 percent, paring losses slightly after tumbling to a record low of 18.9350 per dollar, while Colombia's peso...

  • NEW YORK, Feb 9- Burberry Group Plc, the British luxury fashion brand, sued J. C. Penney Co on Tuesday, accusing the U.S. retailer of trademark infringement for selling outerwear that featured exact copies of its famous "Burberry check" pattern. In a complaint filed in U.S. district court in Manhattan, Burberry accused J.C. The Levy Group, a Manhattan distributor accused...

  • Feb 9- Oil and gas company Anadarko Petroleum Corp said it slashed its quarterly dividend by 22 cents to 5 cents per share.