Morgan Stanley to buy E-Trade for $13 billion

NEW YORK (AP) – Morgan Stanley is buying E­Trade Financial for $13 billion in stock.

Gov. Stitt commutes 147 more under HB 1269

OKLAHOMA CITY - Since HB 1269 went into effect on Nov. 1, 2019, a record number of people have been released from Oklahoma’s prisons. The bill, which was approved by Gov.

Opioid settlement still elusive as some lawyers criticize it

State attorneys general are finding a national settlement over the toll of opioids to be elusive, as some lawyers for state and local governments are renewing public criticism of the proposed deal with a group of companies led by the nation’s largest drug distributors.

Blue Apron sees 4th-quarter loss

NEW YORK (AP) – Blue Apron Holdings Inc. (APRN) on Tuesday reported a loss of $21.9 million in its fourth quarter. On a per-share basis, the New York-based company said it had a loss of $1.66. The meal-kit seller posted revenue of $94.3 million in the period.

KBR results for Q4 beat expectations

HOUSTON (AP) – KBR Inc. (KBR) on Thursday reported fourth-quarter net income of $58 million. The Houston-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 46 cents per share. The results beat Wall Street expectations.

La-Z-Boy quarter results exceed Street forecasts

MONROE, Mich. (AP) – La-Z-Boy Inc. (LZB) on Tuesday reported fiscal third-quarter net income of $34.5 million. The Monroe, Michigan-based company said it had net income of 74 cents per share. Earnings, adjusted for non-recurring gains, came to 72 cents per share.

A rare miss for retailer Walmart to end the year

NEW YORK (AP) – Walmart reported disappointing fourth-quarter profits after a sluggish and shortened holiday shopping season. Overseas, violent social protests in Chile cut into international sales. Walmart also delivered a weak profit forecast for the year.

Devon reports loss for quarter

OKLAHOMA CITY (AP) – Devon Energy Corp. (DVN) on Tuesday reported a fourth-quarter loss of $642 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Oklahoma City-based company said it had a loss of $1.70.

Measure would set state tobacco policy in line with federal law

OKLAHOMA CITY — With federal tobacco policies shifting, state-level policies may be following suit this spring. In December, the U.S. Food and Drug Administration raised the federal minimum age to purchase commercial tobacco products from 18 to 21.