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Top News & Analysis Georgia

  • ATLANTA _ Interface Inc. on Wednesday reported fourth-quarter profit of $4.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Four analysts surveyed by Zacks expected $249 million.

  • 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...

  • ATLANTA _ Southern Co. on Wednesday reported fourth-quarter net income of $208 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. Southern Co. shares have declined nearly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 6 percent.

  • 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...

  • ATLANTA _ Invesco Mortgage Capital Inc. on Tuesday reported fourth-quarter profit of $275.8 million. On a per-share basis, the Atlanta- based company said it had profit of $2.15. Invesco Mortgage Capital shares have risen 7 percent since the beginning of the year.

  • ATLANTA _ Haverty Furniture Cos. on Tuesday reported fourth-quarter earnings of $10.9 million. Haverty Furniture shares have declined 3 percent since the beginning of the year. Keywords: Haverty Furniture, Earnings Report.

  • *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.

  • ATLANTA _ Genuine Parts Co. on Tuesday reported fourth-quarter profit of $152.5 million. Genuine Parts expects full-year earnings to be $4.70 to $4.80 per share. Genuine Parts shares have climbed slightly more than 5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 5 percent.

  • *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.

  • NEW YORK— The Home Depot Inc. on Tuesday reported a boost in sales and profit during the fourth quarter, as rising home prices and low mortgage rates continued lifting a healthy housing market. The Atlanta- based home-improvement retailer reported an 18.6 percent jump in quarterly profit to $1.74 billion, or $1.44 per share. Both measures topped Wall Street...

  • 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,...

  • A related issue is whether Ohio has a realistic chance of finding an alternative drug— a barbiturate called pentobarbital— that once was widely used in executions but has become difficult or, in Ohio's case, impossible to obtain. The court's ruling, likely a few weeks afterward, will be closely watched not just in Ohio but in other states that use midazolam or might...

  • BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University students- 2030 GMT. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on the economy and the role of the Federal Reserve before the Financial...

  • BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University students- 2030 GMT. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on the economy and the role of the Federal Reserve before the Financial...

  • Traffic analytics firm Inrix has calculated how much time drivers spend stuck in traffic during peak travel times last year in 1,064 cities in 38 countries worldwide. Source: Inrix Inc., 2016 Global Traffic Scorecard. Does not include cities in Japan or China, where Inrix does not collect its own data.

  • DETROIT— When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. That topped second-place Moscow at 91 hours and third-place New York at 89, according to a traffic scorecard compiled by Inrix, a transportation analytics firm. San Francisco was the fourth-most congested city, while Bogota, Colombia, was fifth, Sao Paulo...

  • DETROIT, Feb 20- Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world's biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. While Thailand was the world's most congested country in 2016, according to the study, the United States had the worst traffic...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...