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Top News & Analysis Georgia

  • Domestic consumers and businesses have been embracing solar energy at a furious pace- thanks to a big assist from China. Low-cost photovoltaic cells and panels made in China and other Asian countries have helped drive down costs by around 70% since 2010, enabling more Americans to go solar. About 95% of cells and panels sold in the U.S. last year were made abroad,...

  • KENNESAW, Ga. _ CryoLife Inc. on Monday reported second-quarter profit of $3.2 million. For the current quarter ending in October, CryoLife said it expects revenue in the range of $46.5 million to $47.5 million. CryoLife shares have increased roughly 3 percent since the beginning of the year.

  • WASHINGTON— The Republican-led House is moving to allow the Department of Veterans Affairs to shift $2 billion from other programs to cover a sudden budget shortfall in its Choice program of private-sector care, a plan drawing stiff protests from veterans' groups. At its national convention in New Orleans Monday, the leader of Veterans of Foreign Wars took aim...

  • The state agency reports its ports in Savannah and Brunswick handled 33.4 million tons of total imports and exports in the fiscal year that ended June 30. Savannah is the nation's fourth-busiest container port, behind only the ports of New York- New Jersey, Los Angeles and Long Beach, California. The big numbers come after the Panama Canal finished a major...

  • ATLANTA— The U.S. company that manufactured panels on a London apartment tower where at least 80 people perished in an inferno has quit selling them for high-rises because it has no control over their installation, a top company executive said Monday. Arconic Inc. is continuing to work with investigators to determine what caused the flames to spread so rapidly...

  • The Hamilton-Middletown Journal-News reports the water will be canned at the MillerCoors Trenton, Ohio, brewery over the next three years in a partnership with the American Red Cross. Red Cross officials say clean drinking water is one of the most urgent needs after a disaster because normal supplies are often contaminated or inaccessible.

  • WASHINGTON— A House committee has unveiled a disputed plan to allow the Department of Veterans Affairs to shift $2 billion from other programs to cover a sudden budget shortfall that could threaten medical care for thousands of patients in the coming weeks. Friday's proposal by the House Veterans Affairs Committee would provide a six-month funding fix to...

  • WASHINGTON, July 21- The U.S. regulator of credit unions will soon close some regional and agency offices and reorganize others, as it works to cut costs and respond to changes in the industry, according to an announcement released on Friday. "Months of very hard work by agency staff have produced a solid, commonsense plan that will help the agency respond to a new...

  • ATLANTA— U.S. building owners should review what materials their structures are built with following a deadly fire in London that showed how flames can quickly cover a high-rise, devouring it from the outside, fire experts said Friday. An Associated Press review found that the manufacturer of the panels used in the London tower said the same panels were used in...

  • July 21- Weak refinancing, thanks to higher interest rates, took a bite out off regional banks' earnings in the second quarter and loan growth remained sluggish, mirroring trends seen at larger banks. Mortgage banking income fell by double digits on a percentage basis at most regional banks that have reported results so far. But mortgage rates are starting to inch...

  • The Labor Department said Friday that unemployment rates fell in 10 states and rose in only 2. The rate has fallen below 3 percent in five states: Colorado, Hawaii, Nebraska, New Hampshire and North Dakota. North Dakota's unemployment rate fell to 2.3 percent, a record low for the state dating back to 1976 and tying for lowest in the nation with Colorado.

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  • MOULTRIE, Ga. _ Ameris Bancorp on Friday reported second-quarter profit of $23.1 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. Ameris Bancorp shares have increased 8 percent since the beginning of the year.

  • ATLANTA _ SunTrust Banks Inc. on Friday reported second-quarter profit of $528 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share. Seven analysts surveyed by Zacks expected $2.29 billion.

  • DULUTH, Ga. _ NCR Corp. on Thursday reported second-quarter earnings of $102 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. NCR expects full-year earnings in the range of $3.32 to $3.42 per share, with revenue ranging from $6.63 billion to $6.75 billion.

  • ATLANTA _ Manhattan Associates Inc. on Thursday reported second-quarter profit of $31.1 million. Manhattan Associates expects full-year earnings in the range of $1.85 to $1.89 per share, with revenue in the range of $590 million to $600 million. Manhattan Associates shares have declined 11 percent since the beginning of the year.

  • CHICAGO— President Donald Trump's administration has ended Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, meaning shoppers on the insurance exchanges will have fewer places to turn for help signing up for coverage. People will have 45 days to shop for 2018 coverage, starting Nov. 1 and...

  • ATLANTA _ Fidelity Southern Corp. on Thursday reported second-quarter net income of $8.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. Fidelity Southern shares have dropped roughly 4 percent since the beginning of the year.

  • ATLANTA _ Genuine Parts Co. on Thursday reported second-quarter net income of $190 million. Genuine Parts expects full-year earnings to be $4.70 to $4.75 per share. Genuine Parts shares have decreased 13 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 10 percent.

  • ATLANTA— A Russian man who helped develop and distribute malicious software designed to steal personal financial information was sentenced Wednesday in Atlanta to serve five years in prison. District Judge Mark Cohen said Vartanyan would receive credit for time served, including more than two years in a prison in Norway following his arrest there in...