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Wires

  • HOUSTON _ Westlake Chemical Corp. on Tuesday reported fourth-quarter net income of $802 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share. Four analysts surveyed by Zacks expected $2.07 billion.

  • ATHENS, Greece— Investors in Greece have shrugged off a delay in the payout of a rescue loan installment. On Monday, Greece's peers in the 19- country eurozone said the country had not fulfilled all conditions necessary for the release of a 5.7 billion-euro bailout installment. Bailout inspectors from EU institutions and the International Monetary Fund are...

  • HAMBURG, Feb 20- Chicago soybean futures rose to seven-month highs on Tuesday, supported by low volumes of rain over the weekend in Argentina's drought-hit oilseed growing areas. Concern about soybean crop damage in Argentina, the worlds largest soymeal supplier, pushed soymeal to its highest levels in over 18 months. Chicago Board of Trade most-active March...

  • JERUSALEM, Feb 20- Israel's largest construction group Shikun& Binui said on Tuesday it had been informed that four current and former employees of a foreign subsidiary had been detained for questioning by Israeli police on suspicion of bribery in Africa. Israel's national fraud investigation unit said it has been investigating a company along with...

  • NAIROBI, Feb 20- The International Monetary Fund stopped Kenya's access to a $1.5 billion standby credit facility last June after failing to agree with the government on a reduction of the fiscal deficit, the fund said on Tuesday. The two-year precautionary facility, set to expire next month, was put in place for Kenya in case of unforeseen external shocks that...

  • Feb 20- Medtronic Plc reported a third-quarter loss on Tuesday, compared with a year-ago profit, hurt by a $2.2 billion charge related to recent changes in U.S. tax laws. The net loss attributable to Medtronic was $1.39 billion, or $1.03 per share, in the quarter ended Jan. 26, compared with a profit of $821 million, or $0.59 per share, a year earlier.

  • HOUSTON _ Westlake Chemical Partners LP on Tuesday reported fourth-quarter earnings of $15.5 million. The Houston- based company said it had profit of 46 cents per share. Westlake Chemical Partners shares have decreased slightly more than 7 percent since the beginning of the year.

  • GLENDALE, Calif. _ DineEquity Inc. on Tuesday reported fourth-quarter net income of $85.5 million. DineEquity expects full-year earnings in the range of $4.95 to $5.25 per share. DineEquity shares have risen nearly 8 percent since the beginning of the year.

  • JACKSONVILLE, Fla. _ Rayonier Advanced Materials Inc. on Tuesday reported fourth-quarter earnings of $295 million. On a per-share basis, the Jacksonville, Florida- based company said it had net income of $5.01. Rayonier Advanced Materials shares have decreased 11 percent since the beginning of the year.

  • BENTONVILLE, Ark. _ Wal-Mart Stores Inc. on Tuesday reported fiscal fourth-quarter profit of $2.17 billion. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Nine analysts surveyed by Zacks expected $135.04 billion.

  • LONDON, Feb 20- Euro zone government bond yields edged higher across the board on Wednesday as market speculation swirled over the next European Central Bank chief at a time when monetary policy is the main threat for bond markets. Euro zone finance ministers on Monday chose Spanish Economy Minister Luis de Guindos to succeed ECB Vice President Vitor...

  • NORTHVILLE, Mich. _ Gentherm Inc. on Tuesday reported a fourth-quarter loss of $5.2 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Five analysts surveyed by Zacks expected $252.8 million.

  • MEMPHIS, Tenn. _ Education Realty Trust Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 58 cents per share. Three analysts surveyed by Zacks expected $87.3 million.

  • U.S. oil producers have benefited from rising shale oil prices, which hovered at highs of around $60 in the fourth quarter, recovering from the lows of around $26 in early 2016.. The Alabama- based company's net income was $262.4 million, or $2.68 per share, in the three months ended Dec. 31, compared to a loss of $54.5 million, or 56 cents per share, a year earlier.

  • NORTH VENICE, Fla. _ PGT Inc. on Tuesday reported fourth-quarter earnings of $20.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Three analysts surveyed by Zacks expected $118.9 million.

  • CORAL GABLES, Fla. _ Fresh Del Monte Produce Inc. on Tuesday reported a fourth-quarter loss of $6.3 million, after reporting a profit in the same period a year earlier. The Coral Gables, Florida- based company said it had a loss of 13 cents per share. For the year, the company reported profit of $120.8 million, or $2.39 per share.

  • *Spot gold likely to fall to $1,326/ oz- technical analyst. LONDON, Feb 20- Gold prices were weighed down by a stronger dollar on Tuesday, dropping for the third session, but were underpinned by geopolitical worries and uncertainty about this week's huge U.S. bond auctions. Spot gold is expected to fall to the next support level at $1,326, according to Reuters...

  • The retailer's net sales rose 7.5 percent to $23.88 billion in the latest fourth quarter beating analysts estimate of $23.66 billion. Home Depot's net earnings rose 2 percent to $1.78 billion, or $1.52 per share, in the quarter ended Jan. 28. Excluding one time items, the company earned $1.69 per share beating analysts' estimate of $1.61 per share.

  • MELVILLE, N.Y. _ Henry Schein Inc. on Tuesday reported a fourth-quarter loss of $8.5 million, after reporting a profit in the same period a year earlier. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of 97 cents per share. Nine analysts surveyed by Zacks expected $3.31 billion.

  • BIRMINGHAM, Ala. _ Energen Corp. on Tuesday reported fourth-quarter net income of $262.4 million, after reporting a loss in the same period a year earlier. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Nine analysts surveyed by Zacks expected $304 million.