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U.S. markets news

Fiat Chrysler Canadian sales edge up in February, topping Ford
TORONTO, March 3 (Reuters) - Fiat Chrysler Automobiles topped February sales in Canada, handily beating Ford Motor Co, which posted lower car and truck sales, according to company sales data.
US car sales lose steam in cold February  MarketWatch
US auto sales up in February despite snowy weather  Scottsbluff Star Herald
Toledo Blade  
US Stocks Retreat After Nasdaq's Climb Above 5000
U.S. stocks fell Tuesday, retreating from Monday gains that pushed the Nasdaq Composite above 5000 for the first time in nearly 15 years and sent other indexes to fresh records.
US STOCKS SNAPSHOT-Wall St dips from record as tech shares weigh  Reuters
The close: Markets slide as stocks retreat from record highs  The Globe and Mail
Best Buy tablet sales dip despite stronger-than-expect profit in fourth quarter
AP Photo/Bebeto Matthews, FileIndustry analysts said people tend to keep their tablets for longer than one may typically hold on to a mobile phone before buying a new one.
Best Buy earnings beat forecasts  USA TODAY
Best Buy is spending millions to maintain its sales momentum  Fortune
Orexigen jumps on possible heart benefit
Tablets of Contrave, a medication made by the San Diego biotech company Orexigen Therapeutics. / photo courtesy of Orexigen. Share Photo.
Contrave may help heart  Investor's Business Daily
The FDA Is Forcing Orexigen To Do A Second Safety Study Because Of ...  Forbes
Target to Cut $2B in Costs, Including Several Thousand Jobs
Target Corp. is cutting several thousand jobs as part of a plan to eliminate $2 billion in costs over the next two years. The goal: to make the Minneapolis-based discounter more agile to compete in an increasingly competitive landscape and appeal to shoppers ...
Target to cut thousands of jobs as seeks to cut costs by $2 billion  Reuters
Target to Cut 'Several Thousand' Jobs Over the Next 2 Years  TIME
CEO Group: Trade Would Increase Hiring in US
Top business executives are pressing Congress to give President Barack Obama greater authority to negotiate international trade deals, citing the potential for increased hiring in the United States and greater competitiveness for their companies overseas.
CEO views on U.S. economy firm in first quarter  Chicago Tribune
AT&T's Stephenson says Washington holding economy back  MarketWatch
Dick's scores with Q4 beat
The sports equipment retailer reported EPS of $1.30 a share, up 17% and beating estimates for $1.22. That marks the biggest quarterly profit gain since Q4 '13.
Dick's sees overwhelming trading volume following better than expected ...  SMN Weekly
Dick's Sporting Goods Posts Stronger-Than-Expected Profit And Revenue  Forbes
Jenkins's L'Or�al moment
In the old L'Or�al cosmetic ads, one of the world's most beautiful women would turn to the camera and pout: �Because I'm worth it!
Barclays shares fall on probe disclosures  USA TODAY
UPDATE 3-Barclays will cut investment bank again if performance doesn't ...  Reuters
UPDATE 1-Bob Evans not currently looking at hiving off food products business
(Adds details, background, shares). March 3 (Reuters) - Bob Evans Farms Inc said it was not currently looking at selling or spinning off its food-products business and was evaluating strategic options for all or a portion of its real-estate assets.
Bob Evans not to spin off prepared food business  MarketWatch
Bob Evans Profit Down, No Spin-Off Or Sale Of BEF Foods; Shares Plunge  RTT News
JPMorgan forks over $50M in 'robo-signing' pact with DOJ
JP Morgan Chase has agreed to fork over $50 million for fraudulent dealings in tens of thousands of mortgages in the aftermath of the mortgage crisis.
JP Morgan, Justice Department reach $50 million robo-signing settlement  MarketWatch
JPMorgan Pays $50 Million for Faulty Bankruptcy Documents  Bloomberg