×

Wires

  • SAO PAULO, March 27- Brazil's Agriculture Ministry said on Monday it ordered three more food processing facilities to suspend production amid an investigation into alleged corruption of inspectors and unsanitary conditions in the world's biggest meat producer. The investigation hit hard at one of the few strong sectors in Brazil's economy, which is...

  • *Canadian dollar ends at C $1.3376, or 74.76 U.S. cents. TORONTO, March 27- The Canadian dollar was little changed on Monday against its U.S. counterpart as lower oil prices offset broadbased losses for the greenback, while investors braced for a speech by Bank of Canada Governor Stephen Poloz. "The market has been leaning itself ever so slightly towards a softer bias...

  • Florida- based Stonegate will merge into Home BancShares' unit, Centennial Bank. Home BancShares acquired Giant Holdings Inc in November through which Giant's unit, Landmark Bank, merged into Centinnal Bank. RBC Capital Markets LLC was Home's financial adviser in the deal, while Stonegate was advised by Keefe, Bruyette& Woods.

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

  • An environmental cleanup company says it is disappointed by a ruling from New Jersey's highest court that the state isn't on the hook for part of an $80 million toxic waste cleanup along the Raritan Bay. New Jersey's Supreme Court has ruled the state isn't liable for part of an $80 million toxic waste cleanup along the Raritan Bay. A company designated in 2013 by...

  • March 27- The U.S. Food and Drug Administration on Monday approved Tesaro Inc's key drug, niraparib, for the treatment of recurrent ovarian cancer. The U.S. biopharmaceutical company's shares were up 7.78 percent at $168.9 in extended trading. Tesaro expects to launch niraparib in the United States in late April.

  • MOSCOW, March 27- Russia's biggest bank Sberbank is selling its subsidiary in Ukraine to a consortium of investors, which include Norvik Bank and a Belarussian private company, Sberbank said in a statement on Monday. The deal is expected to close in the first half of 2017 after receiving approval by the financial and anti-monopoly regulators of relevant...

  • NEW YORK, March 27- A wealthy Turkish gold trader's decision to hire former New York City Mayor Rudolph Giuliani and former U.S. Attorney General Michael Mukasey to represent him, as he defends against charges he conspired to violate U.S. sanctions on Iran, raises a potential conflict of interest, prosecutors said. Attorney Joon Kim in Manhattan said in a letter...

  • Worries that Washington may not be able to help businesses as much as once thought knocked stock indexes down hard early Monday, before they clawed back most of their losses and ended the day mixed. The Russell 2000 index of smaller-company stocks picked up 2.68 points, or 0.2 percent, to 1,357.32. The S&P 500 is up 102.76 points, or 4.6 percent.

  • March 27- Olive Garden owner Darden Restaurants Inc said on Monday it would buy Cheddar's Scratch Kitchen for $780 million in an all-cash transaction. Darden said it would buy the restaurant chain from its shareholders including private equity firms L Catterton and Oak Investment Partners. Cheddar's, which has 165 locations across 28 states, would add a...

  • March 27- Some day, perhaps soon, the populist revolt will spread to another group badly served in recent decades: shareholders. The upswell in populism which swept Donald Trump to power has thus far been good news for entrenched corporate interests, proposing only tax cuts and foreign cash repatriation holidays kindly to those, such as company executives, whove...

  • ABUJA, March 27- Nigeria is likely to pass the 2017 budget into law before May, a lawmaker who chairs a committee on the spending plans in the upper chamber of parliament said on Monday. The budget lays out plans to pull Africa's largest economy out of its first recession for 25 years, largely prompted by low global prices for the oil it produces and the impact of...

  • RALEIGH, N.C. _ Red Hat Inc. on Monday reported fiscal fourth-quarter profit of $65.8 million. Ten analysts surveyed by Zacks expected $618.5 million. For the current quarter ending in June, Red Hat expects its per-share earnings to range from 52 cents to 53 cents.

  • March 27- Bank holding company Home BancShares Inc said it would acquire regional lender Stonegate Bank in a cash-and-stock deal valued at about $778.4 million. Florida- based Stonegate will merge into Home BancShares' unit, Centennial Bank. Stonegate shareholders will receive proceeds of about $749.8 million, which consists of about $50 million in cash and...

  • SAO PAULO, March 27- Brazil's Agriculture Ministry said on Monday that it ordered three more food processing facilities to suspend production amid an investigation into alleged corruption of inspectors and unsanitary conditions in the world's biggest meat producer. The investigation hit hard at one of the few strong sectors in Brazil's economy, which is...

  • March 27- Olive Garden owner Darden Restaurants Inc said on Monday it would buy Cheddar's Scratch Kitchen for $780 million in an all-cash transaction.

  • FREMONT, Calif. _ Synnex Corp. on Monday reported fiscal first-quarter earnings of $61.8 million. On a per-share basis, the Fremont, California- based company said it had profit of $1.54. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Stocks rebound from steeper losses. March 27- The S&P 500 cut earlier losses on Monday to end slightly lower, while the Dow declined for an eighth straight session, as investors assessed how the defeat of President Donald Trump's first major legislative action would impact the rest of his agenda. Tax legislation done right and done quickly is a big stimulant to...

  • ORLANDO, Fla. _ Darden Restaurants Inc. on Monday reported fiscal third-quarter earnings of $165.6 million. Darden Restaurants expects full-year earnings to be $3.95 to $4 per share. Darden Restaurants shares have risen roughly 4 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 5 percent.

  • TORONTO, March 27- Canada's main stock index advanced on Monday, helped by strength in gold-mining shares amid heightened demand for safe-haven assets like precious metals. The Toronto Stock Exchange's S&P/TSX composite index closed up 63.55 points, or 0.41 percent, at 15,506.22. The TSX had ended last week with two straight days of gains after Canada's...