TORONTO, Feb 21- Canada's main stock index closed at a 2-1/ 2- week high on Wednesday, led by financials and industrials, with all sectors but technology posting gains. The Toronto Stock Exchange's S&P/TSX composite index closed up 84.57 points, or 0.55 percent, higher at 15,524.01, its strongest close since Feb. 2. The biggest gainer was logistics company TFI...
SAN FRANCISCO, Feb 21- Twitter Inc said on Wednesday it would no longer allow people to post identical messages from multiple accounts, cracking down on a tactic that Russian agents and others have allegedly used to make tweets or topics go viral. The San Francisco- based social network also said it would not allow people to use software to simultaneously perform...
OKLAHOMA CITY _ Continental Resources Inc. on Wednesday reported fourth-quarter net income of $841.9 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Eleven analysts surveyed by Zacks expected $951.5 million.
LAWSUIT SEEKS UNSPECIFIED DAMAGES AND RESTITUTION FOR VIOLATIONS OF FEDERAL SECURITIES LAWS.
LAWSUIT SAYS LJM PROMISED FUND WOULD FOCUS ON CAPITAL PRESERVATION, BUT INSTEAD EXPOSED INVESTORS TO UNACCEPTABLY HIGH RISK OF CATASTROPHIC LOSSES, WHICH OCCURRED.
AUSTIN, Texas _ Parsley Energy Inc. on Wednesday reported fourth-quarter net income of $49.9 million, after reporting a loss in the same period a year earlier. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. Eleven analysts surveyed by Zacks expected $298.4 million.
CINCINNATI _ Convergys Corp. on Wednesday reported fourth-quarter net income of $8.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Four analysts surveyed by Zacks expected $695.8 million.
INVESTOR FILES PROPOSED CLASS-ACTION LAWSUIT AGAINST LJM FUNDS MANAGEMENT OVER COLLAPSED VALUE OF LJM PRESERVATION AND GROWTH FUND-- COURT FILING.
LAWSUIT FILED IN FEDERAL COURT IN CHICAGO BY STANLEY BENNETT, ON BEHALF OF FUND'S INVESTORS.
MOUNTAIN VIEW, Calif. _ Synopsys Inc. on Wednesday reported a fiscal first-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier. Four analysts surveyed by Zacks expected $751.4 million. For the current quarter ending in May, Synopsys expects its per-share earnings to range from $1.06 to $1.10.
SAN LUIS OBISPO, Calif. _ Mindbody Inc. on Wednesday reported a loss of $2.9 million in its fourth quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. For the current quarter ending in April, Mindbody said it expects revenue in the range of $53 million to $54.5 million.
Feb 21- Pandora Media Inc reported fourth-quarter revenue on Wednesday that topped Wall Street estimates as the Internet radio company added more subscribers to its platform. The company said total subscription revenue jumped 63.2 percent to $97.7 million, beating the average analysts' estimate of $94.1 million. Net loss attributable to common...
*Canadian dollar at C $1.2686, or 78.82 U.S. cents. The currency's strongest level of the session was C $1.2626, while it touched its weakest since Dec. 26 at C $1.2702. "The market is trying to get its head around how many hikes are to come," said Don Mikolich, executive director, foreign exchange sales at CIBC Capital Markets.
OIL PRICES PARE LOSSES IN POST-SETTLEMENT TRADE AFTER API DATA SHOW SURPRISE DRAW IN U.S.
DETROIT, Feb 21- Ford Motor Co said on Wednesday that its president for North America Raj Nair was leaving the company effective immediately following an investigation into reports of inappropriate behavior.
Advance Auto Parts Inc., up $8.65 to $114. Devon Energy Corp., down $4.08 to $30.57. La-Z-Boy Inc., up $2.85 to $31.75.
BURLINGTON, Mass. _ LeMaitre Vascular Inc. on Wednesday reported fourth-quarter net income of $4.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. The company expects full-year earnings to be 96 cents to $1 per share, with revenue ranging from $110 million to $111.6 million.
The SEC encouraged companies to consider adopting specific policies restricting executive trading in shares while a hack is being investigated and before it is disclosed. The SEC, in unanimously approving the additional guidance, said it would promote "clearer and more robust disclosure" by companies facing cyber security issues, according to SEC Chairman...
WASHINGTON, Feb 21- A U.S. House of Representatives subcommittee plans to hold a hearing next week to discuss efforts to restore Puerto Ricos electrical infrastructure in the wake of last year's devastating storms, the panel said in a statement released on Wednesday. The House Energy and Commerce Committee's oversight panel chairman, Republican U.S.
DUBLIN, Ohio _ Wendy's Co. on Wednesday reported fourth-quarter earnings of $159.3 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. Five analysts surveyed by Zacks expected $315.3 million.