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    Cyprus Semiconductor shares are up 1.5% to $9.89 in trading after reporting first quarter earnings in line with analysts estimates.The company posted lower revenue --$170 million this quarter compared to $173 million over the same period in 2013 -- but increased EPS by 4 cents to 7 cents this quarter, matching analysts EPS estimates.The company attributed the higher returns despite falling reve...

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    Shares of Northrop Grumman Corp.  are up 1.20% to $122.05. CEO Wes Bush said that despite belt-tightening at the Pentagon, defense contractors can count on the military's continuing need for advanced technology and personnel training as well as expanded opportunities for exports to allies, the Wall Street Journal reported. Bush said the company's strategy isn't just to chase growth.

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    Illinois Attorney General Lisa Madigan's office said on Thursday it is investigating Herbalife Ltd (HLF), joining other state and federal probes of allegations that the weight loss and nutrition company is running a pyramid scheme. Herbalife shares fell 0.3 percent to close at $55.10, reversing earlier gains.

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     Shares of Linear Technology Corporation (LLTC) are trading higher 3.33% to $46.57 on Thursday after the company released its financial results for the third quarter of 2014. The company, which designs, manufactures and markets a variety of analog integrated circuits for companies around the world, reported a 4% rise in quarterly revenue to $348 million from $334 million in the previous quarter.

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     YOU On Demand fell Thursday on higher-than-average volume. The stock dropped 5.25% to $3.43 at 2:50 p.m. More than 1.9 million shares had changed hands by that point, slightly greater than its average volume of 1,868,330. Must Read: Warren Buffett's 10 Favorite Growth Stocks.

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    Shares of Home Depot Inc.  are up 1.23% to $77.52 as the home improvement retailer moves deeper into online distribution. "The retail model forever was to increase sales through opening additional units, but as you added stores to a finite group of households, each store becomes less profitable," company CEO Frank Blake told the Wall Street Journal.

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    SAN FRANCISCO-- Shares of Herbalife Ltd. (HLF) swung to a loss Thursday following reports of a probe into the company from the Illinois Attorney General. Herbalife (HLF) shares, which had been up as much as 2.7% on the day, swung to a loss and were trading down as much as 2% following the news. In recent trading, shares were down 0.4% at$ 55.06.

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     Warren Resources  stock is surging on heavier-than-normal trading volume on Thursday. By midafternoon, shares of the crude oil and gas producer had spiked 8.2% to $5.20. . Trading volume of 1.9 million was more than double its three-month daily average. Year to date, the stock is up 65.6%. . Must Read: Warren Buffett's 10 Favorite Stocks.

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     BIOFUEL ENERGY CORP (BIOF)  stock is spiking on heavier-than-normal volume on Thursday. By early afternoon, shares had surged 33.8% to $8.11. Trading volume of 5.64 million was nearly quadruple its three-month daily average. Year to date, the stock is up 370.7%. . Must Read: Warren Buffett's 10 Favorite Stocks.

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    Update: Updated with one-day high price information.  Weibo , the Chinese social media company that has been described as the country's equivalent to Twitter , soared on Thursday, its first day of trading after its IPO. The company raised $286 million by pricing its initial public offering of 16.8 million shares, 16% fewer than expected, at $17 a share.

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     Shares of The Blackstone Group (BX) are trading higher 2.29% to $31.65 on Thursday following news the company's net income increased 30% to $814 million. On Wednesday, the private capital manager and financial advisor announced its economic net income grew to $814 million in Q1'14 from $628 million in Q1'13.

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    Phillip Morris shares are down 2.9% to $82.35 in trading on Thursday following a disappointing first quarter earnings report.Net income for the tobacco company fell 12% to $1.88 billion, or $1.18 per share, from $2.13 billion, or $1.28 per share. Must Read: Warren Buffett's 10 Favorite Growth Stocks.

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    - Monster Beverage Corp (MNST) reached a $16.25 million settlement with shareholders who said the energy drink maker defrauded them by overstating the financial benefits of a distribution arrangement with Anheuser-Busch. The accord was disclosed in a Wednesday filing with the U.S. District Court in Los Angeles, and requires court approval.

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    Shares of Chesapeake Energy Corp. (CHK) are up 1.96% to $28.03 after Southeastern Asset Management Inc., the largest shareholder in the natural gas and oil exploration and production company, said it was more bullish on the firm as CEO Doug Lawler continues to cut costs, according to Bloomberg.

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    Shares of Sabre Corp (SABR), the airline ticketing technology provider that also owns online travel agency Travelocity, rose as much as 7 percent in their market debut after the company sold fewer shares than expected in its initial public offering and priced them below the targeted range.

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    Shares of BB&T Corporation (BBT) are down -3.30% to $38.04 after its first quarter profits missed analysts' expectations. The company reported a first quarter profit increase of $501 million, or $0.69 per share.