[ {"id":"e9bfc14b-4cb0-5ba9-89ab-1f2176a47e66","type":"article","starttime":"1481131527","starttime_iso8601":"2016-12-07T11:25:27-06:00","lastupdated":"1481132737","priority":0,"sections":[{"business":"business"}],"flags":{"ap":"true"},"application":"editorial","title":"Trian, hungry for more, takes a bigger bite of Wendy's","url":"http://qctimes.com/business/article_e9bfc14b-4cb0-5ba9-89ab-1f2176a47e66.html","permalink":"http://qctimes.com/business/trian-hungry-for-more-takes-a-bigger-bite-of-wendy/article_e9bfc14b-4cb0-5ba9-89ab-1f2176a47e66.html","canonical":"http://news.lee.net/business/trian-hungry-for-more-takes-a-bigger-bite-of-wendy/article_7e710891-0da3-52aa-a1c5-7ebf8f6c99cd.html","relatedAssetCounts":{"article":0,"audio":0,"image":0,"link":0,"vmix":0,"youtube":0,"gallery":0},"prologue":"WASHINGTON (AP) \u2014 Wendy's shares are up almost 4 percent after Trian Fund Management increased its stake in the burger chain.","supportsComments":false,"commentCount":0,"keywords":["wire","business","consumer services","consumer products and services","investment management","financial services"],"internalKeywords":["#lee"],"customProperties":{},"presentation":null,"revision":3,"commentID":"e9bfc14b-4cb0-5ba9-89ab-1f2176a47e66","body":"

WASHINGTON (AP) \u2014 Wendy's shares are up almost 4 percent after Trian Fund Management increased its stake in the burger chain.

The 3.7 million share purchase gives Trian, led by activist investor and board member Nelson Peltz, more than 23 percent of Wendy's outstanding stock. Before the purchase, according to the data provider FactSet, Trian had about a 15 percent stake in the company.

In June of last year, Wendy's bought back about $1.4 billion of its stock from board members Peltz, Peter May and Edward Garden, along with investment funds managed by Trian. Trian is controlled by Peltz, May and Garden.

Shares of Wendy's Co., based in Dublin, Ohio, hit $13.49 in midday trading Wednesday, their highest point in nearly a decade.

"}, {"id":"4a89dc0d-1187-5ecd-b2f1-671f70613925","type":"article","starttime":"1481131638","starttime_iso8601":"2016-12-07T11:27:18-06:00","lastupdated":"1481132737","priority":0,"sections":[{"business":"business"},{"entertainment":"entertainment"}],"flags":{"ap":"true"},"application":"editorial","title":"Brooke Shields' gift list sweetens sales for Vermont syrup","url":"http://qctimes.com/business/article_4a89dc0d-1187-5ecd-b2f1-671f70613925.html","permalink":"http://qctimes.com/business/brooke-shields-gift-list-sweetens-sales-for-vermont-syrup/article_4a89dc0d-1187-5ecd-b2f1-671f70613925.html","canonical":"http://news.lee.net/business/brooke-shields-gift-list-sweetens-sales-for-vermont-syrup/article_fcfe1c73-7c45-5091-9529-7332700c5968.html","relatedAssetCounts":{"article":0,"audio":0,"image":2,"link":0,"vmix":0,"youtube":0,"gallery":0},"prologue":"BRATTLEBORO, Vt. (AP) \u2014 Brooke Shields' gift list is sweetening a Vermont family farm's sale of maple syrup.","supportsComments":false,"commentCount":0,"keywords":["wire","business","arts and entertainment","celebrity","entertainment","gift shopping","holidays","shopping","lifestyle","occasions"],"internalKeywords":["#lee"],"customProperties":{},"presentation":null,"images":[{"id":"b276991b-e0b5-5bbc-a3f9-baaaa910e738","description":"In this Tuesday, Dec. 6, 2016 photo, Charles Robb Sr., left, and Helen Robb pose with their maple syrup at their farm in West Brattleboro, Vt. Their sales have jumped 60 percent since Brooke Shields recommended their syrup in a People Magazine holiday gift guide. (AP Photo/Lisa Rathke)","byline":"Lisa Rathke","hireswidth":null,"hiresheight":null,"hiresurl":null,"presentation":null,"versions":{"full":{"type":"image/jpeg","width":"512","height":"393","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/b/27/b276991b-e0b5-5bbc-a3f9-baaaa910e738/584847f91b0eb.image.jpg?resize=512%2C393"},"100": {"type":"image/jpeg","width":"100","height":"77","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/b/27/b276991b-e0b5-5bbc-a3f9-baaaa910e738/584847f91b0eb.image.jpg?resize=100%2C77"},"300": {"type":"image/jpeg","width":"300","height":"230","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/b/27/b276991b-e0b5-5bbc-a3f9-baaaa910e738/584847f91b0eb.image.jpg?resize=300%2C230"},"1024":{"type":"image/jpeg","width":"1024","height":"786","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/b/27/b276991b-e0b5-5bbc-a3f9-baaaa910e738/584847f91b0eb.image.jpg"}}},{"id":"d80841af-6301-51fd-bdc7-e393d66e4a3d","description":"In this Tuesday, Dec. 6, 2016 photo, the Robb family, left to right, Charles Sr., Helen and Charles, Jr. pose outside their maple syrup farm in West Brattleboro, Vt. Their sales have jumped 60 percent since Brooke Shields recommended their syrup in a People Magazine holiday gift guide. (AP Photo/Lisa Rathke)","byline":"Lisa Rathke","hireswidth":null,"hiresheight":null,"hiresurl":null,"presentation":null,"versions":{"full":{"type":"image/jpeg","width":"512","height":"384","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/d/80/d80841af-6301-51fd-bdc7-e393d66e4a3d/584847f945505.image.jpg?resize=512%2C384"},"100": {"type":"image/jpeg","width":"100","height":"75","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/d/80/d80841af-6301-51fd-bdc7-e393d66e4a3d/584847f945505.image.jpg?resize=100%2C75"},"300": {"type":"image/jpeg","width":"300","height":"225","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/d/80/d80841af-6301-51fd-bdc7-e393d66e4a3d/584847f945505.image.jpg?resize=300%2C225"},"1024":{"type":"image/jpeg","width":"1024","height":"768","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/d/80/d80841af-6301-51fd-bdc7-e393d66e4a3d/584847f945505.image.jpg"}}}],"revision":3,"commentID":"4a89dc0d-1187-5ecd-b2f1-671f70613925","body":"

BRATTLEBORO, Vt. (AP) \u2014 Brooke Shields' gift list is sweetening a Vermont family farm's sale of maple syrup.

The 109-year-old Robb Family Farm in Brattleboro says it's seen a 60 percent jump in sales since the actress listed the syrup among her 12 best holiday gifts for women. Her list was published in People Magazine's holiday gift guide last month.

Shields told the magazine: \"We go through a lot of maple syrup in our house.\"

Shields' list includes the $14.95 pint-sized tin of syrup, a skincare travel set, a scarf, a necklace, a book, pens and $100 Hermes playing cards.

The Robb family thanks Shields and says it hopes it has enough syrup to get through the holiday season.

"}, {"id":"e068a595-7d1d-5b05-a921-f84965588177","type":"article","starttime":"1481131359","starttime_iso8601":"2016-12-07T11:22:39-06:00","lastupdated":"1481132737","priority":0,"sections":[{"business":"business"}],"flags":{"ap":"true"},"application":"editorial","title":"Northern Indiana Indian tribe plans to open casino next year","url":"http://qctimes.com/business/article_e068a595-7d1d-5b05-a921-f84965588177.html","permalink":"http://qctimes.com/business/northern-indiana-indian-tribe-plans-to-open-casino-next-year/article_e068a595-7d1d-5b05-a921-f84965588177.html","canonical":"http://news.lee.net/business/northern-indiana-indian-tribe-plans-to-open-casino-next-year/article_2690d7e1-5f3c-541e-8475-9957058de076.html","relatedAssetCounts":{"article":0,"audio":0,"image":0,"link":0,"vmix":0,"youtube":0,"gallery":0},"byline":"By TOM COYNE\nAssociated Press","prologue":"SOUTH BEND, Ind. (AP) \u2014 An Indian tribe in northern Indiana has announced plans to build a casino with 175,000 square feet of gaming space that will have 1,800 gaming devices.","supportsComments":false,"commentCount":0,"keywords":["wire","business","general news","native americans","consumer services","consumer products and services"],"internalKeywords":["#lee"],"customProperties":{},"presentation":null,"revision":4,"commentID":"e068a595-7d1d-5b05-a921-f84965588177","body":"

SOUTH BEND, Ind. (AP) \u2014 An Indian tribe in northern Indiana has announced plans to build a casino with 175,000 square feet of gaming space that will have 1,800 gaming devices.

The size of the casino by the Pokagon Band of Potawatomi is smaller than documents previously submitted to the Bureau of Indian Affairs, but a spokesman for the tribe says this is the first phase. The tribe says the project on the city's southwest side will include four restaurants, three bars, a retail outlet and about 4,500 parking spaces. The casino is expected to be completed in early 2018 and is expected to employ about 1,200 people.

Other casinos in Indiana are concerned the new casino will hurt their businesses.

"}, {"id":"b3641ce7-1f9a-5bcb-93f9-fcfd156eab2c","type":"article","starttime":"1481130813","starttime_iso8601":"2016-12-07T11:13:33-06:00","lastupdated":"1481132737","priority":0,"sections":[{"business":"business"}],"flags":{"ap":"true"},"application":"editorial","title":"BC-Noon Oil","url":"http://qctimes.com/business/article_b3641ce7-1f9a-5bcb-93f9-fcfd156eab2c.html","permalink":"http://qctimes.com/business/bc-noon-oil/article_b3641ce7-1f9a-5bcb-93f9-fcfd156eab2c.html","canonical":"http://news.lee.net/business/bc-noon-oil/article_b03ae919-1359-5acd-aeb1-12b36ccaee4e.html","relatedAssetCounts":{"article":0,"audio":0,"image":0,"link":0,"vmix":0,"youtube":0,"gallery":0},"prologue":"NEW YORK (AP) \u2014 The spot month contract for light sweet crude was $50.09 per barrel at 12 p.m. Wednesday on the New York Mercantile Exchange.","supportsComments":false,"commentCount":0,"keywords":["wire"],"internalKeywords":["#lee"],"customProperties":{},"presentation":null,"revision":3,"commentID":"b3641ce7-1f9a-5bcb-93f9-fcfd156eab2c","body":"

NEW YORK (AP) \u2014 The spot month contract for light sweet crude was $50.09 per barrel at 12 p.m. Wednesday on the New York Mercantile Exchange.

"}, {"id":"d5a722ff-793f-558d-a2ac-8c3f29193af0","type":"article","starttime":"1481130430","starttime_iso8601":"2016-12-07T11:07:10-06:00","lastupdated":"1481132739","priority":0,"sections":[{"business":"business"}],"flags":{"ap":"true"},"application":"editorial","title":"The Latest: Senate OKs higher speed limits on rural highways","url":"http://qctimes.com/business/article_d5a722ff-793f-558d-a2ac-8c3f29193af0.html","permalink":"http://qctimes.com/business/the-latest-senate-oks-higher-speed-limits-on-rural-highways/article_d5a722ff-793f-558d-a2ac-8c3f29193af0.html","canonical":"http://news.lee.net/business/the-latest-senate-oks-higher-speed-limits-on-rural-highways/article_e1b74e9a-102c-557b-870e-66e5cee2c03c.html","relatedAssetCounts":{"article":0,"audio":0,"image":0,"link":0,"vmix":0,"youtube":0,"gallery":0},"prologue":"LANSING, Mich. (AP) \u2014 The Latest on the Michigan Legislature postelection session (all times local):","supportsComments":false,"commentCount":0,"keywords":["wire","business","government and politics","state legislature","legislation","state governments","transportation safety","legislature","industry regulation","government business and finance","government regulations","transportation","general news"],"internalKeywords":["#lee"],"customProperties":{},"presentation":null,"revision":3,"commentID":"d5a722ff-793f-558d-a2ac-8c3f29193af0","body":"

LANSING, Mich. (AP) \u2014 The Latest on the Michigan Legislature postelection session (all times local):

12:05 p.m.

Legislation that would authorize higher speed limits on 1,500 miles of rural Michigan interstates and highways is nearing Gov. Rick Snyder's desk.

The Michigan Senate voted 28-8 for the bill Wednesday.

It would require the state Transportation Department, within a year of the law taking effect, to set a 75 mph limit on 600 miles of interstates if a safety study shows it's OK. The current limit is 70 mph. The bill also would require a 65 mph limit on 900 miles of state highways if a study indicates it's safe.

Supporters say the goal is to raise speed limits where 85 percent of drivers are already traveling at higher speeds.

An earlier version of the bill was approved by the House, so the measure appears headed toward final passage.

___

11:05 a.m.

Republicans who control the Michigan House say they will not vote this year on legislation that would have let developers keep up to $50 million annually in taxes generated from developing future \"transformational\" projects on contaminated brownfield sites.

The announcement was made Wednesday, in the final weeks of the two-year term.

Detroit businessman Dan Gilbert and local economic development agencies support the incentives to help with urban renewal. The bills could be reintroduced in 2017.

The legislation is the second set of Senate-passed incentives to be rejected in the House this week. Conservatives have expressed concern with carving out incentives after a major cut in business taxes that was enacted in 2011.

"}, {"id":"6157fa29-8396-58e3-b350-1359b040d5b1","type":"article","starttime":"1481129906","starttime_iso8601":"2016-12-07T10:58:26-06:00","lastupdated":"1481132027","priority":0,"sections":[{"travel":"travel"},{"business":"business"}],"flags":{"ap":"true"},"application":"editorial","title":"6 ways to keep phone charges low during international travel","url":"http://qctimes.com/travel/article_6157fa29-8396-58e3-b350-1359b040d5b1.html","permalink":"http://qctimes.com/travel/ways-to-keep-phone-charges-low-during-international-travel/article_6157fa29-8396-58e3-b350-1359b040d5b1.html","canonical":"http://news.lee.net/travel/ways-to-keep-phone-charges-low-during-international-travel/article_2d652ec4-60dd-5edb-a020-377f88c060a3.html","relatedAssetCounts":{"article":0,"audio":0,"image":1,"link":0,"vmix":0,"youtube":0,"gallery":0},"byline":"By ANICK JESDANUN\nAP Technology Writer","prologue":"FLORENCE, Italy (AP) \u2014 It's a sure-fire way to dampen the holiday cheers: Spend a week on a dream vacation abroad, then come back to find an additional several hundred dollars on your cellphone bill.","supportsComments":false,"commentCount":0,"keywords":["wire","business","technology","travel","lifestyle","mobile phones","consumer electronics","mobile media","wi-fi","telecommunications services","telecommunications","media","wireless technology"],"internalKeywords":["#lee"],"customProperties":{},"presentation":null,"images":[{"id":"39134b95-9ef8-58f1-915a-f7b467a3161f","description":"FILE - In this Wednesday, May 27, 2015, file photo, a passenger makes a phone call as he walks by a flight information board at Brussels Airport in Zaventem, Belgium. You don\u2019t have to pay a fortune to use your phone abroad, but you need to plan ahead. Getting a local plan when you arrive is the most economical choice, but it\u2019s not practical for many people. (AP Photo/Geert Vanden Wijngaert, File)","byline":"Geert Vanden Wijngaert","hireswidth":null,"hiresheight":null,"hiresurl":null,"presentation":null,"versions":{"full":{"type":"image/jpeg","width":"512","height":"341","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/3/91/39134b95-9ef8-58f1-915a-f7b467a3161f/58483cc1215e0.image.jpg?resize=512%2C341"},"100": {"type":"image/jpeg","width":"100","height":"67","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/3/91/39134b95-9ef8-58f1-915a-f7b467a3161f/58483cc1215e0.image.jpg?resize=100%2C67"},"300": {"type":"image/jpeg","width":"300","height":"200","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/3/91/39134b95-9ef8-58f1-915a-f7b467a3161f/58483cc1215e0.image.jpg?resize=300%2C200"},"1024":{"type":"image/jpeg","width":"1024","height":"682","url":"http://bloximages.chicago2.vip.townnews.com/qctimes.com/content/tncms/assets/v3/editorial/3/91/39134b95-9ef8-58f1-915a-f7b467a3161f/58483cc1215e0.image.jpg"}}}],"revision":2,"commentID":"6157fa29-8396-58e3-b350-1359b040d5b1","body":"

FLORENCE, Italy (AP) \u2014 It's a sure-fire way to dampen the holiday cheers: Spend a week on a dream vacation abroad, then come back to find an additional several hundred dollars on your cellphone bill.

Although some U.S. phone plans cover international travel, especially to Canada and Mexico, many don't. Leaving your phone off isn't practical these days . But you don't have to pay a fortune if you follow these tips. You might find some of these steps annoying, but they're surely less painful than an unexpected data bill. Start planning well before you leave.

___

GET A PLAN ABROAD

This is the most economical choice, but also the least practical for many people. With the exception of Verizon , carriers typically block your phone from other carriers' plans until you've paid off the hardware, typically after two years. They might make a temporary exception if you're traveling, but it's on you to get that set up. You might have an old phone to use instead, or you can rent or buy a cheap one for your trip.

This route gives you a lot of data at competitive prices. Upon arrival in Bangkok, for instance, I got 2.5 gigabytes of data for just less than $13. Two more gigabytes would have cost just $3 more.

Just visit a kiosk at the airport when you arrive, or stop by a cellphone or convenience store in town. You'll be assigned a phone number for that country, though, so friends and family will need that to call or text. But Facebook, email accounts and messaging services such as Apple's Facetime should work just as they do in the U.S.

If you're visiting multiple countries, you'll need a separate local plan for each.

___

STEP UP YOUR U.S. PLAN

Check with your carrier on an international package. For instance, Verizon offers 100 megabytes of data for $25. Ten minutes of streaming video can wipe that out. But it'll get you email and basic messaging, and it's much cheaper than the $205 Verizon would charge for 100 megabytes without an international plan. You keep your U.S. number.

You might find this adequate for emergencies, such as when you need directions back to the hotel. Use your hotel's Wi-Fi as much as possible; your Instagram pictures can wait, especially if your friends are asleep anyway. For a two-week trip to Italy, I had plenty of data left after taking additional data-saving measures. Verizon even refunded me nearly $16. But I got socked with another $25 because I wasn't careful on a separate trip to Barcelona, Spain.

This option is good for multi-country trips. You can still get a local plan for the country where you'll spend the most time.

___

LEAVE CELLULAR DATA OFF MOST OF THE TIME

Turn off \"Cellular Data\" under the \"Cellular\" settings on iPhones, or \"Mobile data\" on Android (the location in the settings varies by device). In Italy, I turned cellular back on for the brief times I needed it. You can go further by enabling airplane mode, but that also blocks incoming calls and texts, as well as Wi-Fi and Bluetooth.

___

LIMIT DATA USE

Even if you have cellular on just briefly, tons of data-hungry messages could still flood in while the gate is open. To prevent that, you can prevent apps from using cellular data at all.

On iPhones, go to \"Cellular\" in the settings, then turn off as many items as possible in the list of apps. Also turn off \"Wi-Fi Assist.\" In Italy, I turned off all apps. When I needed to check or send Gmail, I just turned that app back on temporarily. Otherwise, the phone waited until I got back to the hotel's Wi-Fi. Notifications still came through, but they don't use much data.

On most version of Android, turn on \"Restrict background data\" to blocks apps from using cellular data while running in the background. To let certain apps override that, you need \"Data saver\" on the latest version of Android, Nougat, which isn't yet available on most phones.

While you're at it, disable automatic video play on Facebook's app. Tap the three horizontal bars. On iPhones, choose \"Settings,\" then \"Account Settings,\" then \"Videos and Photos.\" For \"Autoplay,\" choose Wi-Fi only or never. On Android, check under \"App settings.\"

And be sure to disable automatic app updates over cellular. It might already be set to Wi-Fi only, but double check in the \"iTunes & App Stores\" settings on iPhones and the Play Store settings on Android.

___

DOWNLOAD BEFORE YOU GO

Get and set up apps for museums and other places you're visiting before you leave home or the hotel. Using the apps will consume data, but not as much as starting from scratch.

Likewise, download map data for Google Maps ahead of time. You can get driving directions and basic information on businesses without a data connection. The offline mode isn't meant for walking directions, though what I got for driving was often close enough (The exception was Venice, where cars are banned). Also, there's no offline transit support, but I got transit directions by enabling cellular briefly and used offline mode to get to my stops. Otherwise, Google Maps alone would have eaten up my 100 megabytes with Verizon.

You can also download any video you've bought or rented through iTunes, Amazon or Google Play. Amazon's Prime members can also download up to 25 of the videos available for free streaming. Netflix recently updated its app to offer similar downloads for offline viewing. You'll want to do this before leaving home, even if you plan to use Wi-Fi, as streaming rights for many titles don't extend outside the U.S. A service called PlayOn Cloud also lets you download video from various services for 99 cents each (iPhones only).

___

TRACK YOUR USAGE

Check the settings regularly to see how much data you're using and adjust accordingly. On iPhones, check \"Current Period Roaming\" in the \"Cellular\" settings. Hit \"Reset Statistics\" at the start of your trip. On Android, check \"Data usage.\" Android also keeps track of which apps use how much data, so you can identify culprits more easily. These are estimates, though, and your phone company might measure differently.

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NEW YORK (AP) \u2014 U.S. stocks are moving higher Wednesday, keeping major indexes at record highs. Bond yields are falling, and investors seeking income are buying stocks that pay large dividends, like real estate investment trusts, utilities and phone companies. Health care companies are taking steep losses after President-elect Donald Trump said he wants to reduce drug prices.

KEEPING SCORE: The Dow Jones industrial average added 31 points, or 0.2 percent, to 19,282 as of noon Eastern time. The Standard & Poor's 500 index picked up 3 points, or 0.2 percent, to 2,215, about two points above its most recent all-time high. The Nasdaq composite slipped 2 points to 5,331.

RECORD RECAP: The Dow closed at a record high on Tuesday. So did the Russell 2000, an index of smaller companies. The Russell recovered from an early loss to gain 1 point or 0.1 percent. The S&P 500 set its latest record on Nov. 25.

BONDS: Bond prices rose. The yield on the 10-year Treasury note fell to 2.36 percent from 2.39 percent. Bond yields have risen sharply this year but have slipped in the last few days. That's helped stocks that are seen as similar to bonds, like real estate investment trusts. Their big dividends are attractive to investors who want income, so when bond yields fall, investors often turn to those stocks. Industrial real estate company Prologis rose $1.30, or 2.6 percent, to $52 and electricity and natural gas company Exelon added 37 cents, or 1.1 percent, to $33.42.

TRUMP THUMPS HEALTH STOCKS: In an interview with Time Magazine, which named him Person of the Year, the president-elect said he wants to reduce drug prices. He did not say how his administration plans to do that. Democratic nominee Hillary Clinton campaigned on reducing drug prices, and drug company stocks had rallied since the election as investors felt that was less likely to happen under Trump.

The Nasdaq biotechnology index tumbled 3.9 percent, as those companies make costly medications and might stand to lose the most under tighter price regulations. Elsewhere, Pfizer gave up 81 cents, or 2.6 percent, to $30.75 and Johnson & Johnson fell $2.42, or 2.2 percent, to $109.64. Drug distributor McKesson sank $6.44, or 4.4 percent, to $138.96. Companies that make medical device and equipment also slid.

GAME ON: Dave & Buster's Entertainment, which owns a chain of restaurants and arcades, reported a bigger profit and higher sales than analysts had expected. The company also raised its forecasts for the year. Its stock jumped $8.60, or 17.9 percent, to $56.60.

WILD WESTERN: Hard drive maker Western Digital climbed $4.83, or 7.6 percent, to $68.68 after it extended a patient licensing deal with Samsung. The new deal will last until the end of 2024. Western Digital raised its revenue outlook after making the announcement.

STEEL DEAL: AK Steel said it will raise base prices for all of its stainless steel products starting Jan. 1. The company's stock gained 27 cents, or 2.6 percent, to $10.82.

BAGGED: Handbag and accessories maker Vera Bradley sank after it posted weak results and issued a disappointing outlook for the current quarter. Its stock, which has jumped more than 20 percent this year, shed 93 cents, or 6.4 percent, to $13.74.

ENERGY: Benchmark U.S. crude lost 56 cents, or 1.1 percent, to $50.37 a barrel in New York. Brent crude, the international standard, slid 41 cents to $53.52 a barrel in London.

EUROPE STIMULUS: European stock indexes jumped as investors anticipated that the European Central Bank will extend its bond-buying stimulus program Thursday. The stimulus is designed to boost growth and inflation. European stock indexes climbed. Germany's DAX gained 1.9 percent and the FTSE 100 in Britain rose 1.7 percent. The CAC 40 of France picked up 1.2 percent.

CURRENCIES: The dollar slipped to 113.64 yen from 114.05 yen. The euro rose to $1.0752 from $1.0715.

ASIAN MARKETS: Japan's benchmark Nikkei 225 rose 0.7 percent and the South Korean Kospi inched up 0.1 percent. The Hang Seng in Hong Kong gained 0.5 percent.

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AP Markets Writer Marley Jay can be reached at http://twitter.com/MarleyJayAP His work can be found at http://bigstory.ap.org/journalist/marley-jay

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PORT BYRON, Ill. (AP) \u2014 The Latest on Illinois Gov. Bruce Rauner signing nuclear plant legislation on Wednesday (all times local):

10:50 a.m.

Illinois Gov. Bruce Rauner has signed legislation providing billions of dollars in subsidies to Exelon Corp. so the power giant can keep unprofitable nuclear plants running in Clinton and the Quad Cities.

Rauner's office says he signed the measure Wednesday morning during a ceremony at Riverdale High School in Port Byron. He planned to sign it again later in the day in Clinton. Both cities are home to nuclear plants. State lawmakers approved the legislation during last week's veto session.

Rauner said in a statement that \"while this legislation isn't perfect, it allows us to protect jobs, ratepayers and taxpayers.\" He says he wasn't willing to \"gamble with thousands of good paying jobs.\"

Exelon says the law \"safeguards the state's top source of clean energy, protects and creates thousands of jobs and strengthens the Illinois economy, while preserving competitive rates.\"

___

4:40 a.m.

Illinois Gov. Bruce Rauner is set to sign legislation that provides billions of dollars in subsidies to Exelon Corp. so the power giant can keep unprofitable nuclear plants running in Clinton and the Quad Cities.

The Republican is scheduled to sign legislation Wednesday to keep the Quad Cities plant open in Port Byron in the morning and do the same later in the day in Clinton to keep the plant there running.

The measure that provides $235 million per year to Exelon was approved by lawmakers last week. It calls for more than 4 million customers of power-distributing subsidiaries ComEd and Ameren to pay more to finance the plan. Rauner previously criticized \"special deals\" for corporations but last week said closing the plants would have \"devastated the two communities.

"} ]