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Chicago Board of Trade › (CBOT:CSI.U13)

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Today's Financial News

South Carolina newspaper wins Pulitzer for reporting on the deadly toll of domestic violence

5 hours ago

NEW YORK (AP) — The Post and Courier of Charleston, South Carolina, won the Pulitzer Prize for public service Monday for an examination of the deadly toll of domestic violence, while The New York Times collected three awards and the Los Angeles Times two. The New York Times and The Wall Street Journal both won investigative reporting prizes, the Times for an examination of lobbyists' influence on state attorneys general, the Journal for detailing fraud and waste in the Medicare payment system.

First Defiance Financial posts 1Q profit of $6.6 million, result tops expectations

5 hours ago

DEFIANCE, Ohio (AP) _ First Defiance Financial Corp. (FDEF) on Monday reported first-quarter net income of $6.6 million. On a per-share basis, the Defiance, Ohio-based company said it had net income of 69 cents. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

Lower oil prices lead Halliburton to cut 9,000 jobs, post to 1Q loss of $643 million

5 hours ago

HOUSTON (AP) — Halliburton Co. has cut 9,000 jobs — more than 10 percent of its workforce — in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling help. Oil prices plunged starting last summer, leading to a decline in drilling activity. Spot prices for crude have risen slightly since early January but remain about half their level of last July.

Brown & Brown meets 1Q earnings expectations, misses revenue forecasts

5 hours ago

DAYTONA BEACH, Fla. (AP) _ Brown & Brown Inc. (BRO) on Monday reported first-quarter profit of $56.9 million. The Daytona Beach, Florida-based company said it had profit of 39 cents per share. Earnings, adjusted for non-recurring costs, were 40 cents per share. The results matched Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 40 cents per share.

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