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Top News & Analysis Atlanta

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  • ATLANTA _ Internap Network Services Corp. on Tuesday reported a loss of $12.5 million in its second quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share. Six analysts surveyed by Zacks expected $81.1 million.

  • *AIG, Allstate fall a day after results. Aug 4- Wall Street ended lower on Tuesday for a third straight session as investors worried about a rise in interest rates while Apple's shares hit their lowest in over six months. "Apple has been the weak sister in the market today," said Alan Gayle, senior investment strategist and director of asset allocation at RidgeWorth...

  • *AIG, Allstate fall a day after results. *Walt Disney, Genworth to report after the bell. *Indexes down: Dow 0.51 pct, S&P 0.43 pct, Nasdaq 0.41 pct.

  • Delta Air Lines Inc. said Tuesday that passenger revenue for every seat flown one mile fell 3 percent last month compared with July 2014. Deutsche Bank predicted that U.S. airlines will report a decline in the per-seat figure of between 5 percent and 6 percent compared with July 2014. It said that traffic— measured in the miles that passengers fly— rose 4.7 percent...

  • American Airlines and United Airlines soon followed. American spokesman Ross Feinstein said it's largely symbolic because his does not serve Africa. United, which only has one flight to Africa, also announced Monday afternoon its own restriction.

  • Beazer posts 3Q profit 22 Hours Ago

    ATLANTA— Beazer Homes USA Inc. on Tuesday reported fiscal third-quarter net income of $12.2 million, after reporting a loss in the same period a year earlier. The Atlanta- based company said it had profit of 38 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • DIARY-Top Economic Events to Aug 14 Monday, 3 Aug 2015 | 8:01 PM ET

    LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT. LONDON- Bank of England to release inflation report- 1100 GMT.

  • EarthLink reports 2Q loss Monday, 3 Aug 2015 | 5:54 PM ET

    ATLANTA _ EarthLink Holdings Corp. on Monday reported a loss of $9.9 million in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share. EarthLink shares have increased 69 percent since the beginning of the year.

  • CatchMark reports 2Q loss Monday, 3 Aug 2015 | 5:54 PM ET

    ATLANTA _ CatchMark Timber Trust Inc. on Monday reported a loss of $2.3 million in its second quarter. The Atlanta- based company said it had a loss of 6 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Post Properties reports 2Q results Monday, 3 Aug 2015 | 4:58 PM ET

    ATLANTA _ Post Properties Inc. on Monday reported a key measure of profitability in its second quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of 73 cents per share. Post Properties expects full-year funds from operations in the range of $2.44 to $2.52 per share.

  • NEW YORK— Delta Air Lines had a major change of heart about shipping hunting trophies, announcing Monday afternoon that it would no longer accept lion, leopard, elephant, rhinoceros and buffalo trophies. The move comes after an American dentist killed a well-known lion named Cecil in Zimbabwe last month in an allegedly illegal hunt, setting off a worldwide...

  • SAN FRANCISCO, Aug 3- Macy's Inc said on Monday the department store chain will expand same day delivery services to nine cities and metropolitan areas this month, pushing into an aggressive field dominated by e-commerce giant Amazon.com Inc.. Macy's, the nation's largest department store chain, said it will now offer same day delivery to customers in 17...

  • It may become harder for businesses to classify workers as freelancers rather than employees following a Labor Department opinion issued last month. Previously, the Labor Department, the IRS and courts have focused on who has control over a worker— whether the work takes place on the employer's premises, the hours the worker spends on the job, who supplies tools...

  • Crawford misses Street 2Q forecasts Monday, 3 Aug 2015 | 7:27 AM ET

    ATLANTA _ Crawford& Co. on Monday reported second-quarter earnings of $4.1 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Three analysts surveyed by Zacks expected $306.3 million.

  • UPS buying Coyote Logistics for $1.8 billion Friday, 31 Jul 2015 | 9:33 AM ET

    ATLANTA— UPS will spend $1.8 billion to acquire Coyote Logistics as it maneuvers for a slice of the burgeoning freight brokerage business. The Chicago company will become a UPS subsidiary and continue to be headed by Jeff Silver. The Atlanta company anticipates the transaction could result in $100 million to $150 million in annual operating savings.

  • Newell Rubbermaid tops Street 2Q forecasts Friday, 31 Jul 2015 | 6:36 AM ET

    ATLANTA _ Newell Rubbermaid Inc. on Friday reported second-quarter net income of $148.5 million. Newell Rubbermaid expects full-year earnings in the range of $2.14 to $2.20 per share. Newell Rubbermaid shares have increased 12 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 2 percent.

  • DIARY-Top Economic Events to Aug 12 Thursday, 30 Jul 2015 | 8:00 PM ET

    LONDON- Bank of England holds Monetary Policy Committee meeting. LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT.

  • Premiere Global posts 2Q profit Thursday, 30 Jul 2015 | 7:43 PM ET

    ATLANTA _ Premiere Global Services Inc. on Thursday reported second-quarter profit of $4.8 million. On a per-share basis, the Atlanta- based company said it had net income of 11 cents. Premiere Global expects full-year earnings in the range of 94 cents to 96 cents per share.

  • Mueller Water Products meets 3Q profit forecasts Thursday, 30 Jul 2015 | 7:06 PM ET

    ATLANTA _ Mueller Water Products Inc. on Thursday reported fiscal third-quarter net income of $16.5 million. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 15 cents per share. Mueller Water Products shares have dropped 17 percent since the beginning of the year.

  • Ocwen misses 2Q profit forecasts Thursday, 30 Jul 2015 | 5:57 PM ET

    ATLANTA _ Ocwen Financial Corporation on Thursday reported second-quarter net income of $9.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.