×

Top News & Analysis Atlanta

  • NEW YORK, Feb 24- A judge on Friday rejected Cumulus Media Inc's bid to proceed with a refinancing plan that the second-largest U.S. radio network hoped would help reduce its $2.4 billion debt load, but was opposed by some lenders. District Judge Katherine Polk Failla in Manhattan came in a lawsuit the Atlanta- based company filed in December, accusing JPMorgan...

  • NEW YORK, Feb 24- U.S. President Donald Trump's planned economic agenda has fanned the flames for Wall Street's record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague. In Tuesday's speech, "the market wants to hear about concrete tax reform plans that have...

  • NEW YORK, Feb 24- A U.S. judge on Friday rejected Cumulus Media Inc's bid to proceed with a refinancing plan that the second-largest U.S. radio network hoped would help reduce its $2.4 billion debt load, but was opposed by some lenders. District Judge Katherine Polk Failla in Manhattan came in a lawsuit the Atlanta- based company filed in December, accusing JPMorgan...

  • District Judge Katherine Polk Failla in Manhattan came in a lawsuit the Atlanta- based company filed in December, accusing JPMorgan Chase& Co of withholding consent to parts of its refinancing plan.

  • WASHINGTON, Feb 24- New U.S. single-family home sales rose less than expected in January, likely held back by heavy rains and flooding in California, but continued to point to a strengthening housing market despite higher prices and mortgage rates. Consumers are confident and are buying homes, but builders are not getting their share of that demand, "said Joel...

  • Feb 24- Coca-Cola Femsa SAB de CV, the largest Coke bottler in the world, reported a jump in quarterly profit on Friday, helped by higher volume sales in Costa Rica, Nicaragua and the Philippines. The company's net income attributable to equity holders rose to 3.51 billion Mexican pesos in the fourth quarter ended Dec. 31, from 2.69 billion Mexican pesos, a year...

  • ATLANTA _ American Software Inc. on Thursday reported fiscal third-quarter net income of $2.2 million. American Software shares have climbed nearly 3 percent since the beginning of the year. Keywords: American Software, Earnings Report.

  • FCC Chairman Ajit Pai declined to say on Thursday if he would seek to use the proposed TV station license transfer as a way to examine the AT&T/Time Warner merger. The station that Time Warner is selling, WPCH-TV in Atlanta, is its only FCC- regulated broadcast station. Time Warner said last month that since it did not plan to transfer any FCC licenses to AT&T, it would...

  • NEW YORK— Coke says it supports the World Health Organization's guidelines for limiting added sugar, as the company works on repairing its image in public health circles and reshaping its business. Incoming CEO James Quincey also said the company has "outgrown" its namesake cola and is focusing on becoming a "total beverage company." Coca-Cola Co., based in...

  • FCC Chairman Ajit Pai on Thursday declined to say if he would seek to use the proposed TV station license transfer as a way to examine the AT&T Time Warner merger. The station that Time Warner is selling, WPCH-TV in Atlanta, is its only FCC- regulated broadcast station. Time Warner said last month that since it does not plan to transfer any FCC licenses to AT&T, it would...

  • ATLANTA _ Carter's Inc. on Thursday reported fourth-quarter profit of $87.1 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share. Four analysts surveyed by Zacks expected $914 million.

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • ATLANTA _ Popeyes Louisiana Kitchen Inc. on Wednesday reported fourth-quarter net income of $9.2 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Four analysts surveyed by Zacks expected $60.9 million.

  • ATLANTA _ Interface Inc. on Wednesday reported fourth-quarter profit of $4.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Four analysts surveyed by Zacks expected $249 million.

  • Feb 22- Verizon Communications Inc said on Wednesday it would offer its high-speed wireless 5 G network to certain customers in 11 U.S. cities in the first half of 2017.. Verizon will begin pilot testing 5 G "pre-commercial services" in cities, including Atlanta, Dallas, Denver, Houston, Miami, Seattle and Washington, D.C.. AT&T Inc said in January that it planned to test...

  • ATLANTA _ Southern Co. on Wednesday reported fourth-quarter net income of $208 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. Southern Co. shares have declined nearly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 6 percent.

  • NEW YORK- Federal Reserve Board Governor Jerome Powell speaks on "The Economic Outlook and Monetary Policy" before a Forecasters Club of New York luncheon- 1800 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan discusses issues facing the nation and the global economy- 2330 GMT. LONDON- Bank of England Deputy Governor for...

  • NEW YORK- Federal Reserve Board Governor Jerome Powell speaks on "The Economic Outlook and Monetary Policy" before a Forecasters Club of New York luncheon- 1800 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan discusses issues facing the nation and the global economy- 2330 GMT. LONDON- Bank of England Deputy Governor for...

  • ATLANTA _ Invesco Mortgage Capital Inc. on Tuesday reported fourth-quarter profit of $275.8 million. On a per-share basis, the Atlanta- based company said it had profit of $2.15. Invesco Mortgage Capital shares have risen 7 percent since the beginning of the year.