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Chicago Board of Trade › (CBOT:OZB.H12.12300P)


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Today's Financial News

Accountant who cooperated in probe of Madoff Ponzi scheme sentenced to home detention

5 hours ago

NEW YORK (AP) — A former accountant who certified fake financial records hiding Bernard Madoff's epic Ponzi scheme was sentenced on Thursday to one year of home confinement, becoming the latest defendant to avoid prison by cooperating in the case. "His cooperation has been extraordinary," prosecutor Randall Jackson told U.S. District Judge Laura Taylor Swain in federal court in Manhattan.

Ulta Salon beats 1Q profit and revenue expectations

5 hours ago

BOLINGBROOK, Ill. (AP) _ Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) on Thursday reported fiscal first-quarter earnings of $66.9 million. The Bolingbrook, Illinois-based company said it had profit of $1.04 per share. The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share.

Cash rebates boost grass removal frenzy, aid landscapers in drought-plagued California

5 hours ago

LOS ANGELES (AP) — There's a torrent of Californians taking advantage of rebates for ripping out their lawns to conserve water during the drought and that's providing a boost to landscapers. In Southern California in particular, things could get even better for an industry that was battered by the recession and slow to recover.

Pacific Sunwear reports first-quarter loss, misses expectations

5 hours ago

ANAHEIM, Calif. (AP) _ Pacific Sunwear of California Inc. (PSUN) on Thursday reported a loss of $3.5 million in its fiscal first quarter. The Anaheim, California-based company said it had a loss of 5 cents per share. Losses, adjusted for non-recurring gains, were 12 cents per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

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