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  • OTTAWA, Dec 11- The Canadian government and the 10 provinces on Monday settled a disagreement on how to split the revenues from a proposed federal tax on the sale of marijuana once the drug is legalized, Finance Minister Bill Morneau said. Morneau said he and his provincial counterparts also agreed to stick to Ottawa's proposal for a tax on all cannabis products...

  • ATLANTIC CITY, N.J.— A Wall Street ratings firm says a Colorado company is buying the former Revel casino in Atlantic City, New Jersey, for $200 million, but the mercurial owner of the shuttered casino insists there's no deal. Moody's Investors Service issued a report Monday saying the $2.4 billion casino will reopen in May under the ownership of AC Ocean Walk LLC, a...

  • BOSTON, Dec 11- A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New York state retirement plan. The New York State Deferred Compensation Plan agreed to keep the Fidelity Over the Counter Portfolio as one of its top investment options, said...

  • Dec 12- Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars, the latest and largest foray by the Swiss company into the Australian market. The deal, announced on Monday, is the third purchase by Zurich in Australia over the last two years as the insurer doubles down on a region where a robust economy and...

  • HOUSTON _ Quanex Building Products Corp. on Monday reported fiscal fourth-quarter profit of $10.7 million. The Houston- based company said it had profit of 31 cents per share. For the year, the company reported net income of $18.7 million, or 54 cents per share, swinging to a profit in the period.

  • FCC Chairman Ajit Pai last month unveiled plans to repeal the rules that prohibit internet service providers from impeding consumer access to web content. On Monday, the FCC and Federal Trade Commission said they plan to enter into a Memorandum of Understanding to coordinate efforts under the new rules. Under Pai's proposal, the FCC would no longer bar any...

  • *Canadian dollar at C $1.2856, or 77.78 U.S. cents. TORONTO, Dec 11- The Canadian dollar was little changed against its U.S. counterpart on Monday as investors awaited this week's Federal Reserve interest rate decision and a speech by Bank of Canada Governor Stephen Poloz. The central bank is worried about a number of uncertainties that could impact Canada's...

  • Bluebird Bio Inc., up $30.65 to $201.80. Apple Inc., up $3.30 to $172.67. Spark Therapeutics Inc., down $25.66 to $47.72.

  • Dec 11- Amgen Inc said on Monday new data from a late-stage trial testing Kyprolis in combination with two other drugs showed improved overall survival rate in patients with blood cancer. The company said it had filed for marketing approval with the U.S. regulator based on the results of the trial, requesting to update the Kyprolis label to include the new...

  • FORT WORTH, Texas _ KMG Chemicals Inc. on Monday reported fiscal first-quarter earnings of $5.9 million. The Fort Worth, Texas- based company said it had profit of 46 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Energy, technology sectors provide biggest boosts. NEW YORK, Dec 11- Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. "Investors are a little exhausted from the rise of the market and making sector moves," said Rick Meckler, president of LibertyView...

  • MANDATE WITH NEW YORK STATE RETIREMENT PLAN REPRESENTS MORE THAN 10% OF FIDELITY OTC'S $17 BLN IN ASSETS.

  • FIDELITY OTC FUND RECENTLY LOST STAR PORTFOLIO MANAGER AFTER HE WAS ACCUSED OF SEXUAL HARASSMENT.

  • FIDELITY OTC PORTFOLIO RETAINS MANDATE TO MANAGE $2 BLN- PLUS FOR NEW YORK STATE DEFERRED COMP PLAN- EXECUTIVE DIRECTOR.

  • Treasury said the tax plan would more than pay for itself in 10 years, basing its forecast on a 2.9 percent annual economic growth assumption, a level well above most economists' expectations, as well other changes on which the White House has made little progress. "It's clear the White House and Republicans are grasping at straws to prove the unprovable and garner...

  • Dec 11- Oil and gas producer Oasis Petroleum Inc said on Monday it would buy 20,300 net acres in the Delaware Basin from privately-held Forge Energy LLC for about $946 million.

  • OTTAWA, Dec 11- The Canadian government and the 10 provinces on Monday agreed on a deal on how to split a proposed federal tax on the sales of marijuana once the drug is legalized, Finance Minister Bill Morneau said. Morneau told reporters that for an initial two years, 75 percent of the revenue would go to the provinces and 25 percent to Ottawa. The government had...

  • ANKENY, Iowa _ Casey's General Stores Inc. on Monday reported fiscal second-quarter net income of $48.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share. Five analysts surveyed by Zacks expected $2.13 billion.

  • TUSTIN, Calif. _ Peregrine Pharmaceuticals Inc. on Monday reported a loss of $12.6 million in its fiscal second quarter. The Tustin, California- based company said it had a loss of 31 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Wall Street closes higher after uncertainty on New York explosion. The Dow Jones Industrial Average and the S&P 500 opened flat after news of an explosion in New York's busy Port Authority commuter hub which New York Mayor Bill de Blasio described as an "attempted terrorist attack." "The market makes an assessment almost immediately as soon as new information...