Wires

  • WASHINGTON, Aug 24- U.S. banking regulators said on Wednesday they are focused on cyber security risks and controls for U.S. financial institutions after attacks earlier this year involving the global financial network known as SWIFT. In a letter responding to questions from Representative Carolyn Maloney, a Democrat from New York, the regulators also said...

  • TORONTO/ OTTAWA, Aug 24- Canada's main stock index posted its biggest decline in more than eight weeks on Wednesday as lower metal and oil prices sent shares of resource companies tumbling. Federal Reserve Chair Janet Yellen at the end of the week with markets hoping for a sign on whether the Fed will raise interest rates before the end of the year.

  • Shoals Entrepreneurial Center in Florence: $1 million for an entrepreneurship program in a nine-county region in Alabama, Mississippi and Tennessee. University of Kentucky Research Foundation in Lexington: $1.5 million, for downtown revitalization projects in eight Kentucky communities. Youngstown State University, Youngstown: $23,000 to develop a...

  • NEW YORK— An accomplished photographer who lets the public use thousands of her images of America for free has sued the Getty Images photo agency in New York for more than $1 billion, saying it's improperly selling her work and sending threatening letters to those who don't pay. Carol Highsmith says she became aware Getty was selling her work when she received a...

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

  • Aug 24- A U.S. appeals court said on Wednesday that Puerto Rico could not force Wal-Mart Stores Inc's affiliate there to pay a special corporate tax that the retailer said was discriminatory and violated the U.S. The 1st U.S. Circuit Court of Appeals in Boston upheld a lower court order blocking the U.S. territory from imposing its alternative minimum tax against...

  • OTTAWA, Aug 24- Canada notably hardened its line with China on Wednesday in a dispute over Canadian canola exports, saying bilateral relations could not improve until Beijing took action to settle the matter.

  • BARTO, Pa.— Animal cruelty charges have been filed against a Pennsylvania small-animal dealer that supplied major pet retailers like Petco and PetSmart. The Montgomery County district attorney's office and Douglass Township police say 49- year-old Clinton Arthur Holmes, of Alburtis, has been cited for 28 instances of animal cruelty. Wednesday's charges...

  • NEW YORK— Stocks closed lower on Wednesday, led by sharp declines in health-care companies as outrage over the steep price hikes for Mylan's EpiPens escalates. The Dow Jones industrial average fell 65.82 points, or 0.4 percent, to 18,481.48. The Standard& Poor's 500 index fell 11.46 points, or 0.5 percent, to 2,175.44.

  • Express Inc., down $4.09 to $11.94. Intuit Inc., down $3.99 to $109.85. Freeport-McMoRan Inc., down 90 cents to $11.08.

  • NEW YORK, Aug 24- The former chief executive officer of Comverse Technology Inc pleaded guilty to securities fraud on Wednesday, a decade after fleeing the United States for Namibia to avoid prosecution. Jacob "Kobi" Alexander, the Woodbury, New York- based software developer's founder, entered his plea in federal court in Brooklyn, after ending his fight to avoid...

  • NEW YORK, Aug 24- The number of prime money funds in the $2.7 trillion industry, which can invest in corporate debt in addition to government securities, is forecast to fall to 264 from 492 last August after new rules from the Securities and Exchange Commission go into effect on Oct. 14, research firm iMoneynet said on Wednesday. Government-only money funds are...

  • The company forecast adjusted earnings of 34- 37 cents per share from continuing operations for the current quarter. HP's net earnings from continuing operations rose more than a fifth to $843 million, or 49 cents per share, in the quarter ended July 31. Excluding items, HP earned 48 cents per share, beating the average analyst estimate of 44 cents.

  • NEW YORK _ PVH Corp. on Wednesday reported fiscal second-quarter profit of $90.5 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.37.

  • HOLLYWOOD, Fla. _ Heico Corp. on Wednesday reported fiscal third-quarter earnings of $42 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • LOS ANGELES _ Guess Inc. on Wednesday reported fiscal second-quarter net income of $32.3 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Three analysts surveyed by Zacks expected $554.5 million.

  • "This bill is reflective of the relentless campaign by the Democratic legislature to make New Jersey as inhospitable as possible to lawful gun ownership and sales, and I refuse to allow that to happen," Christie said. "The Governor's conditional veto is proof that he is out of touch with the overriding sentiments of New Jersey residents, the majority of whom...

  • ELGIN, Ill. _ John B. Sanfilippo& Son Inc. on Wednesday reported fiscal fourth-quarter net income of $7.3 million. On a per-share basis, the Elgin, Illinois- based company said it had net income of 64 cents. For the year, the company reported profit of $30.4 million, or $2.68 per share.

  • SAN FRANCISCO _ Williams-Sonoma Inc. on Wednesday reported fiscal second-quarter earnings of $51.8 million. For the current quarter ending in November, Williams-Sonoma expects its per-share earnings to range from 75 cents to 80 cents. Williams-Sonoma expects full-year earnings in the range of $3.35 to $3.55 per share, with revenue ranging from $5.08...

  • WASHINGTON, Aug 24- U.S. banking regulators said in a letter released on Wednesday that they are continuing to focus on cybersecurity risks and controls for U.S. financial institutions after attacks earlier this year on the global financial network known as SWIFT. In the letter responding to questions from Representative Carolyn Maloney, a Democrat from New...