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  • Manhattan Associates posts 4Q profit Tuesday, 2 Feb 2016 | 4:27 PM ET

    ATLANTA _ Manhattan Associates Inc. on Tuesday reported fourth-quarter net income of $26.4 million. Manhattan Associates expects full-year earnings in the range of $1.69 to $1.72 per share, with revenue in the range of $609 million to $615 million. Manhattan Associates shares have fallen 16 percent since the beginning of the year.

  • The Atlanta- based airline does not expect further delays due to the issue, and no flights already in the air were affected, spokesman Michael Thomas said in a statement. The delays prompted concern from travelers on social media, including journalists who were in Iowa to cover the caucuses there ahead of the U.S. presidential election in 2016..

  • NEW YORK, Feb 2- General Motors Co has asked a judge to reject efforts by a lawyer who first publicly exposed a faulty ignition switch in GM vehicles to undo a settlement fund resolving 1,380 death and injury lawsuits. District Judge Jesse Furman of Manhattan to reject motions filed last week by Georgia- based lawyer Lance Cooper. Cooper said that one of the lawyers...

  • CHICAGO, Feb 2- Despite signs of slowing growth and increasing pessimism from many in the corporate world about where the U.S. economy is headed, package delivery company UPS should continue to see growth in 2016 thanks to rising e-commerce sales and a continued focus on improving operations, a top executive said on Tuesday. "If you look at most economic forecasts......

  • CHICAGO, Feb 2- United Parcel Service Inc on Tuesday reported a significantly higher quarterly net profit on a strong performance during the crucial holiday season and gave a solid 2016 earnings outlook despite warning of uncertain economic conditions. UPS posted fourth-quarter net income of $1.33 billion or $1.48 per share, nearly triple the $453 million...

  • CHICAGO, Feb 2- United Parcel Service Inc on Tuesday reported a significantly higher quarterly net profit on a solid performance during the crucial holiday season, and gave a solid earnings outlook for 2016 despite warning of uncertain economic conditions. The Atlanta- based company was under pressure to deliver in the fourth quarter, after two disappointing...

  • Agco tops 4Q profit forecasts Tuesday, 2 Feb 2016 | 8:23 AM ET

    DULUTH, Ga. _ Agco Corp. on Tuesday reported fourth-quarter profit of $62.1 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Five analysts surveyed by Zacks expected $2.03 billion.

  • UPS fourth quarter profit surges Tuesday, 2 Feb 2016 | 8:00 AM ET

    CHICAGO, Feb 2- Package delivery company United Parcel Service Inc on Tuesday reported a significantly higher quarterly net profit as the company boosted its margins and performed well during its peak holiday season. The Atlanta- based company posted fourth-quarter net income of $1.33 billion or $1.48 per share, nearly triple the $453 million or 49 cents per...

  • DALLAS— UPS nearly tripled its fourth-quarter profit and seemed to avoid many of the holiday package-delivery breakdowns that it suffered a year earlier. UPS expects 2016 earnings of between $5.70 and $5.90 per share, which would be an increase of between 5 percent and 9 percent over 2015 and stronger than Wall Street expected. United Parcel Service Inc....

  • ATLANTA— Delta Air Lines is apologizing to passengers after a confrontation between two flight attendants last month led pilots to make an unscheduled landing halfway through the trip. The Aviation Herald, a website that tracks accidents and other incidents involving planes, said Delta flight 2598 was headed from Los Angeles to Minneapolis on Jan. 22 when two...

  • Aflac beats 4Q profit forecasts Monday, 1 Feb 2016 | 4:24 PM ET

    COLUMBUS, Ga. _ Aflac Inc. on Monday reported fourth-quarter earnings of $730 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share. Aflac shares have dropped almost 6 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen 5 percent.

  • LOS ANGELES— Dwayne Angebrandt wasn't all that surprised when his bosses at the U.S. Department of Homeland Security asked their expert on sex trafficking to put together a public presentation on how to spot the signs of it. What really took him aback was the audience he was asked to deliver it to: a group of strip-club operators. But as the special agent in charge of...

  • New federal coal mine dust rules taking effect Monday, 1 Feb 2016 | 9:58 AM ET

    The U.S. Mine Safety and Health Administration is requiring coal operators to increase the number of air samples taken in underground mines. The United Mine Workers of America has supported it, saying the rule will reduce the incidence of black lung among workers. The National Mining Association, an industry group, has opposed the new rule, saying the increased...

  • WASHINGTON, Feb 1- U.S. consumers are cautious about spending their windfall from cheap gasoline and are saving more, according to a Reuters/Ipsos poll and official data, suggesting low oil prices are less of a boon for the U.S. economy than in the past. Commerce Department data shows that the crude's 70 percent drop since mid-2014 cut households' annual spending...

  • WASHINGTON, Feb 1- U.S. consumers are cautious about spending their windfall from cheap gasoline and are saving more, according to a Reuters/Ipsos poll and official data, suggesting low oil prices are less of a boon for the U.S. economy than in the past. Commerce Department data shows that the crude's 70 percent drop since mid-2014 cut households' annual spending...

  • ASBURY PARK, N.J.— Officials from several New Jersey shore towns joined with some members of the state's congressional delegation Sunday to oppose federal plans that would allow oil and gas drilling in the Atlantic Ocean. Bob Menendez and Cory Booker and Rep. Frank Pallone, all Democrats, were among those who cited a potential for "catastrophic" oil spills that...

  • Budget fight leaves Illinois stuck with overdue bills Sunday, 31 Jan 2016 | 10:30 AM ET

    SPRINGFIELD, Ill.— The Friday afternoon email read with remarkable alacrity, given its message: The trip to a Springfield store to buy all-purpose Fabuloso Cleaner for the Secretary of State's office was for naught. As Illinois politicians continue to squabble over a budget that should have taken effect July 1, hundreds of state contractors have been left with...

  • NEW YORK— Axiall confirmed Friday that it rejected a $1.4 billion buyout from rival Westlake Chemical, saying the deal undervalued the maker of building materials and chemicals. Westlake had said Friday when it publicly announced the offer that it was disappointed by Axiall's rejection. Westlake offered a mix of stock and cash worth about $20 for each share of...

  • Caterpillar closing 5 plants, cutting 670 jobs Friday, 29 Jan 2016 | 3:19 PM ET

    Caterpillar says it plans to close five plants, causing a net reduction of about 670 jobs in Illinois and several other states, as part of a broader cost-cutting campaign announced last year. The mining and construction equipment company will cut about 230 jobs for office and production workers at a major manufacturing campus in East Peoria, Illinois, where...

  • Newell Rubbermaid matches Street 4Q forecasts Friday, 29 Jan 2016 | 6:49 AM ET

    ATLANTA _ Newell Rubbermaid Inc. on Friday reported fourth-quarter net income of $13.2 million. Newell Rubbermaid expects full-year earnings in the range of $2.21 to $2.30 per share. Newell Rubbermaid shares have dropped 15 percent since the beginning of the year, while the Standard& Poor's 500 index has dropped slightly more than 7 percent.