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  • BOSTON, Oct 23- Proxy advisory firm Glass Lewis said on Monday that it recommends Automatic Data Processing shareholders vote for all three dissident directors, giving activist investor Bill Ackman a boost in a bitter proxy battle with the company. Glass Lewis, which advises large institutional investors, is the first advisory firm to issue its findings...

  • Oct 23- U.S. specialty metals maker Arconic Inc named former veteran General Electric Co executive Charles "Chip" Blankenship as its as chief executive, six months after its CEO resigned under pressure from an activist investor. Blankenship, whose appointment is effective Jan. 15, began his career with GE in 1992 and was named the CEO of GE Appliances in December...

  • DELRAY BEACH, Fla. _ PetMed Express Inc. on Monday reported fiscal second-quarter earnings of $8.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Three analysts surveyed by Zacks expected $62.9 million.

  • FLINT, Mich.— The City Council in Flint, Michigan, is asking a federal judge for more time to choose a long-term source of drinking water in the wake of the city's lead-tainted water crisis. Rick Snyder's administration sued Flint to force the council to approve a 30- year deal with the Great Lakes Water Authority, a regional water agency, which has been serving the...

  • NEW YORK, Oct 23- T-Mobile US Inc's quarterly profit topped Wall Street analyst estimates and the No. 3 U.S. wireless carrier raised the lower end of its expected range of customer additions for the year but didn't elaborate on a potential deal with rival Sprint Corp.. T-Mobile's net income was $550 million, or 63 cents a share for the quarter ended Sept. 30, up from...

  • WASHINGTON, D.C.— The Latest on President Donald Trump:. President Donald Trump says there will be "NO change" to tax incentives for 401 contributions. In a conference call, President Donald Trump personally urged House GOP members to pass the tax package or face political failure in 2018..

  • NEW YORK _ Arconic Inc. on Monday reported third-quarter net income of $119 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Arconic expects full-year earnings in the range of $1.15 to $1.20 per share, with revenue in the range of $12.6 billion to $12.8 billion.

  • RICHARDSON, Texas _ Lennox International Inc. on Monday reported third-quarter net income of $103.5 million. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.44 per share. Fourteen analysts surveyed by Zacks expected $1.03 billion.

  • PORTERVILLE, Calif. _ Sierra Bancorp on Monday reported third-quarter profit of $5.7 million. The parent company of Bank of the Sierra posted revenue of $25.7 million in the period. Sierra Bancorp shares have increased 4 percent since the beginning of the year.

  • LONDON, Oct 23- Hedge fund managers continue to hold large bullish positions in crude and fuels, anticipating strong demand growth and output restraint will lift oil prices into a new, higher, trading range. Hedge funds and other money managers held a net long position equivalent to 883 million barrels in the five biggest futures and options contracts linked to...

  • NOVATO, Calif. _ Bank of Marin Bancorp on Monday reported third-quarter profit of $5.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. Three analysts surveyed by Zacks expected $20.7 million.

  • SAN MARCOS, Texas _ Thermon Group Holdings Inc. on Monday reported fiscal second-quarter earnings of $4.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. Thermon Group shares have climbed 10 percent since the beginning of the year.

  • DUBLIN _ Seagate Technology PLC on Monday reported fiscal first-quarter profit of $181 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. Five analysts surveyed by Zacks expected $2.53 billion.

  • Aetna, the nation's third-largest health insurer, is selling its domestic group life and disability businesses for $1.45 billion to Hartford Life and Accident Insurance Co.. Aetna says the cash deal also includes its absence management business and should close next month. Health insurance is Hartford, Connecticut- based Aetna's main business.

  • GLENVIEW, Ill. _ Illinois Tool Works Inc. on Monday reported third-quarter profit of $640 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share. Illinois Tool Works expects full-year earnings to be $6.62 to $6.72 per share.

  • Hasbro's estimate for the fourth quarter of an increase of 4 to 7 percent over last year's $1.63 billion, however, was below Wall Street expectations. "As a result of the Toys'R'Us bankruptcy filing in the U.S. and Canada, there was a negative impact on our quarterly revenues and operating profit," Hasbro's Chief Executive Brian Goldner said in a statement.

  • Oct 23- U.S. specialty metals maker Arconic Inc said on Monday it appointed former General Electric Co executive Charles "Chip" Blankenship as its as chief executive and a member of the company's board, effective Jan. 15.

  • Oct 23- Cisco Systems Inc, the world's largest networking gear manufacturer, said it will buy U.S. telecommunications software company BroadSoft Inc in a deal valued at about $1.9 billion, including debt. Cisco said it would offer $55 per share, a premium of 2 percent to BroadSoft's last close. The deal, which comes after Reuters first reported in August that...

  • *Iraq says boosting exports from its southern region. *Iraq, Saudi Arabia hail OPEC cooperation. AMSTERDAM, Oct 23- Oil prices held on to last week's gains on Monday, supported by supply disruptions in Iraq and a drop in U.S. drilling.

  • *Soybeans little changed after hitting lowest since Oct. 12. PARIS/ SINGAPORE, Oct 23- Chicago soybeans traded little changed on Monday after dropping to their lowest in more than a week, as investors waited to see how fast the U.S. harvest had progressed before weekend showers, while assessing the prospects for rain in dry soy belts in Brazil. The Chicago Board of...