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Wires

  • WASHINGTON, Feb 21- Andrew Olmem, an attorney and former Republican congressional aide, has joined the White House National Economic Council as a deputy to Gary Cohn, said two sources familiar with the move. Olmem, an attorney to the Senate Banking Committee during the financial crisis, left his job at Venable LLP last week, said the law firm. The National Economic...

  • OAKLAND, Calif. _ Dasan Zhone Solutins Inc. on Tuesday reported a fourth-quarter loss of $5.3 million, after reporting a profit in the same period a year earlier. The Oakland, California- based company said it had a loss of 7 cents per share. For the year, the company reported that its loss widened to $13.8 million, or 24 cents per share.

  • SANTIAGO, Feb 21- Chile's Escondida copper mine owned by BHP Billiton said on Tuesday it would not replace striking workers for at least 30 days into a strike to show its openness to dialog. Legally the company can hire temporary workers after 15 days of strike. Tuesday marked 13 days since unionized workers walked off the job at the world's biggest copper mine.

  • By a 2-1 vote, the U.S. Circuit Court of Appeals for the District of Columbia said a lower court had correctly barred claims that the government overstepped its authority in 2012 by eliminating dividend payouts to various shareholders and requiring the companies to pay the U.S. "For me, it looks like the end of the road," Ellis Phifer, senior market strategist at...

  • TORONTO _ Golden Star Resources Ltd. on Tuesday reported fourth-quarter profit of $3.4 million. The Toronto- based company said it had net income of 1 cent per share. Keywords: Golden Star Resources, Earnings Report.

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

  • TORONTO, Feb 21- Canada's main stock index closed at a record high on Tuesday, with energy shares leading broad-based gains as oil prices climbed, while Restaurant Brands International Inc jumped more than 7 percent after it announced an acquisition. Gains for the Toronto Stock Exchange's S&P/TSX composite index came as data showed the fastest pace of growth...

  • Feb 21- Tribune Media Co, one of the largest U.S. television station operators, said on Tuesday that activist investor Starboard Value LP had taken a 6.6 percent stake in the company.

  • MONROE, Mich. _ La-Z-Boy Inc. on Tuesday reported fiscal third-quarter net income of $23.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. La-Z-Boy shares have fallen 5 percent since the beginning of the year.

  • NEW YORK, Feb 21- A U.S. judge on Tuesday dismissed most of an investor lawsuit accusing major banks of conspiring to manipulate the benchmark European Interbank Offered Rate, or Euribor. In a 100- page decision, U.S. District Judge Kevin Castel in Manhattan said most of the plaintiffs lacked standing to pursue antitrust claims, and that several claims must fail...

  • BURLINGTON, Mass. _ LeMaitre Vascular Inc. on Tuesday reported fourth-quarter net income of $2.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. Three analysts surveyed by Zacks expected $23.5 million.

  • FARMINGTON HILLS, Mich. _ Ramco-Gershenson Properties Trust on Tuesday reported a key measure of profitability in its fourth quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of 34 cents per share. Ramco-Gershenson Properties expects full-year funds from operations in the range of $1.34 to...

  • Live sports is one of the last types of content people will watch live, leading social networks to race to sign deals.

  • VANCOUVER, Wash. _ Nautilus Inc. on Tuesday reported fourth-quarter earnings of $11.6 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Five analysts surveyed by Zacks expected $132.7 million.

  • SPRINGFIELD, Mass. _ Eversource Energy on Tuesday reported fourth-quarter net income of $229.2 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. The New England power provider posted revenue of $1.78 billion in the period.

  • RIDGEFIELD, Conn. _ The Chefs' Warehouse Inc. on Tuesday reported fourth-quarter earnings of $9.1 million. Chefs' Warehouse expects full-year earnings in the range of 34 cents to 41 cents per share, with revenue in the range of $1.25 billion to $1.28 billion. Chefs' Warehouse shares have risen roughly 1 percent since the beginning of the year.

  • VOORHEES, N.J. _ American Water Works on Tuesday reported fourth-quarter earnings of $101 million. American Water Works expects full-year earnings to be $2.98 to $3.08 per share. American Water Works shares have risen nearly 3 percent since the beginning of the year.

  • Feb 21- Billionaire investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co and sees the drugmaker as a possible takeover target, according to a report published on Tuesday that sent the company's shares from a loss to more than 2 percent higher. Earlier on Tuesday, Bristol-Myers said it added three directors to its board, a move supported by JANA...

  • LOUISVILLE, Ky. _ Texas Roadhouse Inc. on Tuesday reported fourth-quarter earnings of $20.7 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Texas Roadhouse shares have decreased almost 1 percent since the beginning of the year.

  • First Solar raised its 2017 net sales forecast to $2.8 billion- $2.9 billion from the $2.5 billion- $2.6 billion it previously forecast. The new revenue forecast allows for full revenue recognition on the Moapa project sale, located northeast of Las Vegas, Nevada, the company said. First Solar reported a net loss of $719.9 million, or $6.92 per share, for the fourth...