Top News & Analysis Georgia

  • NEW YORK-- Newell Rubbermaid plans to cut more than 1,900 jobs, or about 10 percent of its worldwide workforce, over the next two and a half years. Newell Rubbermaid also said that its business will be restructured under two groups, a development organization and a delivery organization.

  • "After last year's small crop, we saw peanut butter prices on average rise 30 percent or more," said Patrick Archer, president of the American Peanut Council. " A 10 percent decrease on a $3 jar of peanut butter, for example, would translate to a savings of 30 cents.

  • *Q3 FF0 $1.99/ share vs Street view $1.92. Oct 25- Simon Property Group Inc reported a 19 percent increase in a key earnings measure Thursday on higher rents and sales at its malls and outlet centers, easily beating estimates, and the real estate investment trust raised its outlook for the year.

  • Oct 25- Potash Corp of Saskatchewan's third-quarter earnings fell 22 percent as a standoff over new contracts led to a sharp drop in shipments to China and India, the world's two biggest consumers of the company's namesake crop nutrient. China accounted for just 12 percent of sales and India 5 percent.

  • AUSTIN, Texas-- American Campus Communities Inc. said Thursday that it will buy 19 student housing properties across the country from Kanye Anderson Capital Advisors LP in a deal worth roughly $862.8 million. American Campus Communities, based in Austin, Texas, is a real estate investment trust with a portfolio of 169 properties across the country.

  • Oct 25- Potash Corp of Saskatchewan's third-quarter earnings fell 22 percent as a standoff over new contracts led to a sharp drop in shipments to China and India, the world's two biggest consumers of the company's namesake crop nutrient. China accounted for just 12 percent of sales and India 5 percent.

  • NEW YORK-- A growth in early voting and tough economy for the media are forcing changes to the exit poll system that television networks and The Associated Press depend upon to deliver the story on Election Night, all with the pressure-filled backdrop of a tight presidential race.

  • *Q3 FF0 $1.99/ share vs Street view $1.92. Oct 25- Simon Property Group Inc reported a 19 percent increase in a key earnings measure Thursday on higher rents and sales at its malls and outlet centers, easily beating estimates, and the real estate investment trust raised its outlook for the year.

  • MARIETTA, Ga.-- Graphic Packaging earned $40.1 million in the third quarter, reversing a year-ago loss when results were dampened by one-time charges. Net income was 10 cents per share, compared with a loss of $47.5 million, or 12 cents per share, a year earlier, when the company had $96 million in write-downs and restructuring costs.

  • California: Up 26,935, due to layoffs in all sectors, particularly the service industry. Florida: Up 3,947, due to layoffs in agriculture, construction, manufacturing, retail and services. Ohio: Up 1,936, due to layoffs in transportation and manufacturing.

  • BANGKOK-- Her dream was to look less Thai and more like Jennifer Lopez, so the 25- year-old street food vendor went to the Internet and typed in "cheap Botox." That was the start of a five-year makeover for Ratphila Chairungkit that included two nose jobs, two eye-widening surgeries, chin augmentation, lip trimming, skin whitening and dozens of Botox-type injections.

  • The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas.

  • Carter's earned $59.4 million, or 99 cents per share, compared with $34.4 million, or 58 cents per share, in the prior-year period. Revenue for the three months ended Sept. 29 climbed 5 percent to $668.7 million from $639.6 million, but missed Wall Street's estimate of $682.6 million.

  • CHICAGO-- People who collapse from cardiac arrest in poor black neighborhoods are half as likely to get CPR from family members at home or bystanders on the street as those in better-off white neighborhoods, according to a study that found the reasons go beyond race. The findings suggest a big need for more knowledge and training, the researchers said.

  • ATLANTA-- Want a chance to win a rifle or handgun? That's the message from an Atlanta- area sporting goods store. Georgia law prohibits anyone from giving or receiving money or gifts in exchange for voting, and felony charges could be brought if the law were broken, Secretary of State Brian Kemp said in a statement.

  • ATLANTA-- Georgia labor officials say metro Atlanta's unemployment rate dropped to 8.4 percent in September. The Georgia Department of Labor announced the new preliminary unemployment figure early Thursday morning. Among other Georgia metro areas, the Athens area continued to have the lowest area jobless rate at 6.4 percent.

  • ATLANTA-- Coca-Cola Enterprises Inc. reported a drop in its third-quarter profit and revenue Thursday as the bottling company struggled with the weak economy in Europe and the drag of currency translations.

  • *$3 billion bid tops offer from Nationstar Mortgage Holdings. Oct 24- Ocwen Financial Corp and Walter Investment Management Corp on Wednesday prevailed in a bankruptcy auction for Residential Capital LLC's mortgage business with a $3 billion bid that topped rival Nationstar Mortgage Holdings Inc..

  • ATLANTA-- Equifax Inc., which collects and sells consumer credit information, said Wednesday that its profit grew 17 percent in the third quarter, aided by stronger revenue in its consumer-information business. Excluding the impact of acquisition-related expenses, Equifax's earnings amounted to 75 cents per share.

  • Delta Air Lines reported a billion-dollar third-quarter profit and said demand is holding up well. The world's second-largest airline posted net income of $1.05 billion, or $1.23 per share, compared with $549 million, or 65 cents, a year earlier. And Southwest is still integrating AirTran _ 17 months after buying the company.