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Top News & Analysis Atlanta

  • March 10- U.S. stocks looked set to open higher on Friday after an upbeat monthly jobs report underscored the strength of the U.S. economy and firmed the odds for the first interest rate hike this year. The Labor Department data showed 235,000 jobs were added in the public and private sectors in February, blowing past economists' average estimate of 190,000 as the...

  • Home sellers, watch out for these two hot weeks every year

    When it comes to real estate, this spring is the seller's market.

  • FCC Chairman Ajit Pai had told the Wall Street Journal in an interview on Monday at the Mobile World Congress in Barcelona that he did not foresee a role for the FCC on the takeover and his comments were confirmed to Reuters by FCC spokesman Neil Grace. In January, AT&T said it expected to be able to bypass the FCC because it would not seek to transfer any Time Warner...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • *Q4 sales $22.21 bln vs est $21.81 bln. *Q4 adj profit $1.44/ shr vs est $1.34/ shr. Feb 21- Home Depot Inc reported higher-than-expected quarterly profit and sales, boosted by a strong housing market in the United States, and set a $15 billion share repurchase program.

  • *Q4 sales $22.21 bln vs est $21.81 bln. *Q4 adj profit $1.44/ shr vs est $1.34/ shr. Shares of the company, which also forecast 2017 sales ahead of Wall Street estimates, were up 1.8 percent at $145.59 in premarket trading on Tuesday.

  • Feb 21- Home Depot Inc, the world's largest home improvement chain, reported higher-than-expected profit and sales helped by a strong housing market in the United States and set a $15 billion share repurchase plan. Home Depot's net earnings rose to $1.74 billion, or $1.44 per share, in the fourth quarter, from $1.47 billion, or $1.17 per share, a year earlier.

  • Feb 21- Home Depot Inc, the world's largest home improvement chain, reported a 5.8 percent rise in quarterly sales on Tuesday as more customers visited its stores in the United States, and said it would repurchase share worth $15 billion. The Atlanta, Georgia- based company's net earnings rose to $1.74 billion, or $1.44 per share, in the fourth quarter ended Jan. 29,...