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Top News & Analysis Atlanta

  • PHILADELPHIA— Coca-Cola says Philadelphia's new tax on sweetened drinks is seriously hurting their business in the city. Fran McGorry, president and general manager of the local bottler known as Philly Coke, says because of the lost sales, the company's workforce has been reduced by about 40 positions. Lauren Hitt, a spokeswoman for Mayor Jim Kenney, says the...

  • WASHINGTON/ TAIPEI, April 28- Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, is planning a "capital-intensive" investment in the United States, Chairman Terry Gou said as he exited the White House on Friday. It was unclear if Gou had met personally with Trump, who had already departed the White House for a trip to...

  • ATLANTA _ Atlantic Capital Bancshares Inc. on Friday reported first-quarter profit of $3.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Atlantic Capital Bancshares shares have risen slightly more than 2 percent since the beginning of the year.

  • ATLANTA _ Aaron's Inc. on Friday reported first-quarter earnings of $53.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share. Aaron's shares have increased slightly since the beginning of the year.

  • ATLANTA _ Cousins Properties Inc. on Thursday reported a key measure of profitability in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 15 cents per share. Four analysts surveyed by Zacks expected $117 million.

  • ATLANTA _ Mueller Water Products Inc. on Thursday reported fiscal second-quarter profit of $73.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share. Mueller Water Products shares have dropped almost 5 percent since the beginning of the year.

  • ATLANTA _ Columbia Property Trust Inc. on Thursday reported a key measure of profitability in its first quarter. The Atlanta- based real estate investment trust said it had funds from operations of $34.8 million, or 28 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 27...

  • ATLANTA— Thomas Francis Forkner Sr., who jumped from selling real estate to the restaurant business when he co-founded Waffle House in the 1950 s, has died less than two months after the death of his business partner who recruited him to help launch the famous Southern diner chain. He grew up in DeKalb County just outside Atlanta, the company said, and returned there...

  • MITCHELL, S.D.— A South Dakota man who claims to have found a mouse in a can of soda is suing Coca-Cola Co., saying he missed 60 hours of work and accumulated $1,000 in medical bills after becoming ill. In court documents, attorneys for Coca-Cola Co. disputed that there was proof that the mouse ended up in the can during bottling, saying it would have been in a more...

  • Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period, above expectations of $15.17 billion in revenue. Revenue at its domestic segment rose 5 percent to $9.535 billion from $9.084 billion. For international, revenue was also up 5 percent to $3.058...

  • CHICAGO, April 27- At least 10 major U.S. airports say their rules prevent security officers from physically removing passengers from airplanes unless a crime is committed, meaning they would normally avoid incidents such as the one involving the passenger dragged off a United Airlines flight in Chicago. Officials at 10 of the busiest U.S. airports- in Atlanta,...

  • MILWAUKEE— A Wisconsin man was removed from a Delta Air Lines flight after using the bathroom against crew instructions shortly before takeoff. Kima Hamilton says he urgently needed to use the bathroom April 18 while on a Milwaukee- bound plane in Atlanta. Hamilton says FBI agents met him at the gate but didn't arrest him.

  • Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period, above expectations of $15.17 billion in revenue, according to Thomson Reuters I/B/E/S. Revenue at its domestic segment rose 5 percent to $9.535 billion from $9.084 billion a year ago.

  • ATLANTA _ State Bank Financial Corp. on Thursday reported first-quarter profit of $11.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. State Bank Financial shares have risen 2 percent since the beginning of the year.

  • Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period. Revenue at the company's domestic segment rose 5 percent to $9.535 billion from $9.084 billion a year ago, with the company saying e-commerce demand was strong. The Atlanta- based company posted...

  • NEW YORK, April 27- United Parcel Service Inc reported a higher quarterly net profit on Thursday as revenue grew across its domestic, international and supply chain and freight segments. Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period.

  • ATLANTA _ United Parcel Service Inc. on Thursday reported first-quarter net income of $1.16 billion. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. Seven analysts surveyed by Zacks expected $15.18 billion.

  • ATLANTA _ Invesco PLC on Thursday reported first-quarter net income of $212 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Three analysts surveyed by Zacks expected $1.22 billion.

  • ATLANTA _ Carter's Inc. on Thursday reported first-quarter earnings of $46.7 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. Three analysts surveyed by Zacks expected $714.8 million.

  • NEW YORK— Giving workers a raise, investing in new machinery. Brian Hart, the sole owner of a public relations company in Philadelphia, said he would reinvest any tax savings into Flackable, but doesn't expect to have enough to hire employees. Nearly 80 percent of businesses are pass-through entities, a survey by the National Small Business Association advocacy...