Susquehanna's Stacey Gilbert explains why Delta is trading at a discount relative to its peer group.» Read More
ATLANTA-- Oxford Industries Inc. said Monday that J. Hicks Lanier, CEO of the clothing company, is retiring at the end of the year. Oxford said that Thomas Chubb III, president and a current member of the board, has been named CEO and president of the company beginning Jan. 1. Oxford, based in Atlanta, owns clothing brands such as Tommy Bahama and Lilly Pulitzer.
NEW YORK-- Fitch Ratings has put Ocwen Financial Corp. on watch for a possible downgrade after the company announced plans to buy Homeward Residential Holdings Inc.. Ocwen is paying $588 million in cash and $162 million in convertible preferred stock for Homeward. Shares of Atlanta- based Ocwen fell 47 cents, or 1.3 percent, to close at $36.28 Monday.
Activists joined current and retired Atlanta police Monday for a demonstration and discussion at the home of retired Atlanta police Det. Jaqueline Barber in Fayetteville, south of the city. Representatives of Minneapolis- based U.S. Bank, which is involved in the foreclosure proceedings, did not return phone calls and emails from The Associated Press.
MIAMI-- LeBron James is visiting China for the ninth time, which makes him one of the resident Miami Heat experts about the world's most populous nation. So maybe it's fortunate that the coming week won't exactly include a ton of free time for the Heat, who arrived in Beijing on Monday night for a weeklong trip.
Delta plans to add a flight between Seattle and Shanghai starting on June 17, 2013. Delta, which is based in Atlanta, is also proposing a flight between Seattle and Tokyo-Haneda, Japan, set to begin in March.
Oct 8- Gannett Co Inc said it reached a deal with Charles Ergen's Dish Network Corp on Monday avoiding a blackout that would have prevented some Dish customers in the United States from seeing content broadcast by networks ABC, NBC and CBS.
ATLANTA-- After a spike in crashes involving farm equipment last year, Georgia agriculture and highway safety officials are continuing an effort aimed at reducing such wrecks.
NEW YORK-- Citi cut its earnings forecast for UPS, citing weakening speedy package volumes and rising fuel costs.
Oct 8- Gannett Co Inc and Dish Network Corp have agreed to extend by several hours their deadline to reach a deal over the satellite TV provider's commercial-skipping digital video recorder. Gannett had earlier set a midnight, Oct. 7 deadline for negotiations with Dish and said that an agreement was possible.
Oct 8- Gannett Co Inc and Dish Network Corp have agreed to extend their negotiation deadline by several hours to reach a deal over fees that involve the satellite TV provider's controversial digital video recorder. "In order to provide additional time to reach a deal, both sides have agreed to extend the deadline by several hours," Gannett said in a statement.
McLEAN, Va.-- Dish Network Corp. and Gannett Co. say they've agreed to extend a deadline by several hours as their talks continue in a dispute over fees involving access by more than 2 million Dish subscribers to Gannett's TV stations in 19 cities.
--An affiliate of Platinum Equity has entered into a definitive agreement to acquire BWAY Parent Co. Inc. in a transaction valued at approximately $1.24 billion. --To resolve the CreditWatch, we plan to assess the impact of the acquisition on Atlanta- based BWAY Holding Co.' s financial profile to resolve the CreditWatch.
Oct 5- American Airlines said on Friday it had repaired seat locks on 42 of 48 Boeing 757 jets after some seats came loose during flights this week. In recent days, three separate incidents occurred in which seats on American Airlines flights came unbolted from the floor, prompting an investigation by the FAA and jet inspections.
*Dish says Gannett wants it to shut down Hopper DVR. *Gannett source says it never asked Dish to disable Hopper. Oct 5- Gannett Co Inc and the Dish Network Corp are sparring over fees that could leave Dish customers blacked out from major networks on Sunday in a fight the No. 2 satellite TV provider said involves its controversial DVR, the Hopper.
ATLANTA-- Atlanta's public transit system has named a Texas transportation official as its new chief executive officer and general manager. Before that, he was the CEO of the Charlotte Area Transit System in North Carolina. Parker was selected after a nationwide search for a new CEO and general manager of the Metropolitan Atlanta Rapid Transit Authority.
SAO PAULO-- The man who has headed the Olympic movement in Brazil for decades and helped bring the Summer Games to Rio de Janeiro is set to extend his rule amid increased criticism and accusations of wrongdoing.
Oct 4- Dish Network Corp said the broadcasting arm of newspaper publisher Gannett Co Inc has threatened to withdraw broadcasting on the satellite TV provider if it does not block the commercial-skipping feature on its digital video recorders or agree to pay massive penalties.
NEW YORK, Oct 5- Colonial Pipeline, the nation's largest oil product pipeline, said on Thursday one of its stublines carrying gasoline from Atlanta to Nashville may have had a release of about 500 gallons, necessitating the shutdown of Line 19..
Oct 4- Though it's relatively rare, there are ways to break a prenup. Agreements are just agreements, after all, says Paul Talbert, a matrimonial lawyer in New York. " There are no statistics on how many prenuptial agreements are made a year, says Randall M. Kessler, a divorce lawyer in Atlanta, but he estimates that half of high-net-worth marriages have prenups.
To be sure, Fidelity surveyed just 1,200 advisers and brokers at broker-dealers, banks, wirehouses, insurers and registered investment advisors- a small fraction of a group that research firm Cerulli Associates estimates at more than 300,000..