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  • Feb 9- The new chief executive officer of Spirit Airlines Inc said on Tuesday he wants to make the U.S. budget carrier more reliable and somewhat slow its growth in flight capacity. Shares shot up as much as 10 percent Tuesday following CEO Bob Fornaro's comments, but are off more than 40 percent in the last 52 weeks. Analysts have speculated that a tie-up with...

  • ATLANTA— Coca-Cola's global soda volume rose in the fourth quarter, even as Diet Coke continued to suffer declines. "Some of it may be cannibalization," said Chief Financial Officer Kathy Waller in a phone interview. James Quincey, Coke's president and chief operating officer, noted during a call with analysts that diet and light sodas are outperforming regular...

  • ATLANTA _ Graphic Packaging Holding Co. on Tuesday reported fourth-quarter profit of $57.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Graphic Packaging shares have declined 13 percent since the beginning of the year.

  • MIAMI— Federal transportation officials might soon be looking into a Royal Caribbean cruise ship that ran into high winds and rough seas in the Atlantic Ocean over the weekend. Bill Nelson has called for the National Transportation Safety Board to investigate the voyage that forced frightened passengers into their cabins overnight Sunday as their...

  • 1 person killed in plant explosion in Georgia Sunday, 7 Feb 2016 | 11:17 AM ET

    ROCKMART, Ga.— A coroner says a man has died and six others were injured in an explosion at a plant in northwest Georgia. Polk County Coroner Tony Brazier says 25- year-old Justin Deems died in the explosion that occurred at 2:37 a.m. Sunday at JCG Farms, a feed mill related to chicken farming. Rockmart City manager Jeff Ellis told local media that the cause of the...

  • WASHINGTON, Feb 5- Barack Obama might seem an unlikely investor in the firearms industry. Since Obama was elected in 2009, mutual funds have raised their stakes to about $510 million from $30 million in the nation's two largest gun manufacturers with publicly traded shares, Smith& Wesson Corp and Sturm, Ruger& Co. The White House declined to comment on Obama's...

  • Post Properties reports 4Q results Thursday, 4 Feb 2016 | 6:21 PM ET

    ATLANTA _ Post Properties Inc. on Thursday reported a key measure of profitability in its fourth quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of 77 cents per share. Six analysts surveyed by Zacks expected $96.8 million.

  • Correction: Las Vegas-Pay To Park story Thursday, 4 Feb 2016 | 2:40 PM ET

    LAS VEGAS— In a story Feb. 2 about MGM Resorts International outsourcing its Las Vegas Strip parking operations to a Chicago- based firm, The Associated Press erroneously reported the title of MGM Resorts executive Corey Sanders. SP Plus Corp. will handle paid parking at all non-union MGM Resorts International properties, including Mandalay Bay, Delano, Monte...

  • NEW YORK, Feb 4- Rollins Inc, parent of extermination company Orkin, has seen its shares jump 5 percent during this year's stock market selloff because investors expect fears of the mosquito-borne Zika virus will lead to increased revenues. The virus, rapidly spreading in the Americas, has been linked to thousands of babies in Brazil being born with microcephaly,...

  • NEW YORK, Feb 4- As the long rout on world energy markets intensified in volatile trade in recent months, exchange operators have reaped benefits. On Thursday, the Atlanta- based exchange reported forecast-busting earnings for the fourth quarter due to its data business. "More people are paying attention to those prices and trying to figure out when to lock in low...

  • ICE 4Q profit rises 28 percent, tops forecasts Thursday, 4 Feb 2016 | 7:43 AM ET

    NEW YORK— IntercontinentalExchange Group Inc., which owns the New York Stock Exchange, on Thursday reported a 28 percent boost in fourth-quarter profit on higher data services and listing fees. The company earned $370 million, or $3.29 per share. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share.

  • Beazer posts 1Q profit Thursday, 4 Feb 2016 | 6:51 AM ET

    ATLANTA— Beazer Homes USA Inc. on Thursday reported fiscal first-quarter net income of $999,000, after reporting a loss in the same period a year earlier. The Atlanta- based company said it had net income of 3 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK, Feb 4- As a deepening panic has swept across world energy markets in recent months, exchange operators have reaped benefits as trading volumes soared. The bumper volumes will likely be a hot topic of discussion when Atlanta- based ICE reports quarterly earnings on Thursday and its Chicago rival releases its numbers on Friday. The exit and entry has...

  • Feb 3- Delta Air Lines Inc on Wednesday said President Ed Bastian would replace Richard Anderson as chief executive in May, a long expected move that will see one of the most successful and outspoken leaders in the airline industry retire. The Atlanta- based carrier said in a news release that Anderson will retire as CEO effective May 2 and become Delta's...

  • Feb 3- U.S. carrier Delta Air Lines Inc said President Ed Bastian would replace Richard Anderson as chief executive. Anderson has led the Atlanta, Georgia- based company since 2007 and his retirement has been long expected. "Ed definitely has what it takes to keep Delta at the top of the industry," Sterne Agee CRT analyst Adam Hackel said.

  • ATLANTA— Kik Messenger, a smartphone app popular among younger teens, is on the defensive following the stabbing death of a 13- year-old girl in Virginia who told friends she was using Kik to connect with an 18- year-old man. Kik made an updated guide for parents available on its website following the arrests of two Virginia Tech students in the slaying of Nicole...

  • NEW YORK— Richard Anderson, who oversaw Delta Air Lines' transformation into one of the world's most profitable airlines, will retire this May. His right-hand man, airline president Ed Bastian, will take over as CEO, the Atlanta- based airline said Wednesday. Delta also purchased a 49 percent ownership stake in Virgin Atlantic to gain much-needed access to London...

  • NEW YORK— Home Depot is on a hiring spree. Home Depot Inc. is expected to report its fiscal fourth-quarter and annual results on Feb. 23. Its shares fell 47 cents to $124.80 in morning trading Wednesday and are up more than 16 percent over the past 12 months.

  • Southern Co. beats 4Q profit forecasts Wednesday, 3 Feb 2016 | 7:07 AM ET

    ATLANTA _ Southern Co. on Wednesday reported fourth-quarter profit of $283 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Southern Co. shares have climbed 6 percent since the beginning of the year, while the Standard& Poor's 500 index has declined nearly 7 percent.

  • SP Plus Corp. will handle paid parking at all non-union MGM Resorts International properties, including Mandalay Bay, Delano, Monte Carlo, New York-New York, Vdara, Aria, Bellagio, The Mirage and MGM Grand, the company said. Valets were told during an afternoon employees' meeting that SP Plus will hire MGM Resorts' approximately 400 non-union parking service...