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Top News & Analysis Georgia

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  • Carmike reports 2Q loss Monday, 27 Jul 2015 | 4:51 PM ET

    COLUMBUS, Ga. _ Carmike Cinemas Inc. on Monday reported a second-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Three analysts surveyed by Zacks expected $219 million.

  • Savannah port moves a record 3.6M cargo containers Monday, 27 Jul 2015 | 1:55 PM ET

    SAVANNAH, Ga.— Buoyed in part by labor woes on the West Coast, the booming seaports in Savannah and Brunswick saw another fiscal year of record-smashing amounts of cargo moving across their docks, the Georgia Ports Authority reported Monday. Savannah benefited this past year from a labor dispute that was blamed for slowdowns at West Coast ports such as Los...

  • Delta Air to buy stake in China Eastern Airlines Monday, 27 Jul 2015 | 10:45 AM ET

    NEW YORK— Delta said it will pay $450 million to buy a stake in China Eastern Airlines as the Atlanta- based airline seeks to expand into China's fast-growing travel industry. And in April, Delta moved its operations in Shanghai's Pudong Airport to the same terminal as China Eastern and its subsidiary Shanghai Airlines. Shares of Delta Air Lines Inc. slipped 17...

  • WHITE SULPHUR SPRINGS, W.Va.— As Congress considers a long-awaited transportation funding bill, some Republican governors as well as Democrats say they aren't waiting to raise or borrow money to fix or build roads, bridges and highways. GOP governors in Georgia, Iowa, South Dakota and Utah are among those who have approved road tax increases.

  • Ameris Bancorp posts 2Q profit Friday, 24 Jul 2015 | 7:36 AM ET

    MOULTRIE, Ga. _ Ameris Bancorp on Friday reported second-quarter profit of $1.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. Ameris Bancorp shares have increased slightly more than 1 percent since the beginning of the year.

  • Aaron's beats 2Q profit forecasts Friday, 24 Jul 2015 | 7:24 AM ET

    ATLANTA _ Aaron's Inc. on Friday reported second-quarter net income of $40.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Five analysts surveyed by Zacks expected $770.4 million.

  • NEW YORK— Delta Air Lines flights are resuming at LaGuardia Airport's Terminal C after an hourslong power outage resulted in dozens of cancellations. Steve Coleman, a spokesman for the Port Authority of New York and New Jersey, which runs the region's airports, says power went out at 4:30 a.m. when a contractor accidentally cut two electric feeders.

  • Charter posts 3Q profit Thursday, 23 Jul 2015 | 6:39 PM ET

    WEST POINT, Ga. _ Charter Financial Corp. on Thursday reported fiscal third-quarter profit of $1.9 million. On a per-share basis, the West Point, Georgia- based company said it had profit of 12 cents. Keywords: Charter Financial, Earnings Report.

  • The potential life sentence for former Peanut Corporation of America owner Stewart Parnell was disclosed by prosecutors in a court filing Wednesday. Parnell, 61, is scheduled to be sentenced Sept. 21 by a federal judge in Albany, Georgia. "Bill Marler, a lawyer for victims sickened by peanut butter from Parnell's southwest Georgia plant, used the same word.

  • ATLANTA— Chick-fil-A officials say Jeannette McNeil Cathy, the wife of the restaurant chain's late founder, Truett Cathy, has died at age 92.. Officials say Jeannette Cathy attended New Orleans Baptist Theological Seminary and married Truett Cathy in 1948. The two met when she was 8 years old. Officials say Jeanette Cathy supported her husband through the...

  • State Bank Financial reports 2Q loss Thursday, 23 Jul 2015 | 9:24 AM ET

    ATLANTA _ State Bank Financial Corp. on Thursday reported a second-quarter loss of $2 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. State Bank Financial shares have increased 14 percent since the beginning of the year.

  • Graphic Packaging matches Street 2Q forecasts Thursday, 23 Jul 2015 | 8:15 AM ET

    ATLANTA _ Graphic Packaging Holding Co. on Thursday reported second-quarter net income of $57.6 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share. Graphic Packaging shares have risen 8 percent since the beginning of the year.

  • PulteGroup misses Street 2Q forecasts Thursday, 23 Jul 2015 | 6:42 AM ET

    ATLANTA— PulteGroup Inc. on Thursday reported second-quarter net income of $103.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. PulteGroup shares have decreased 6 percent since the beginning of the year, while the Standard& Poor's 500 index has risen roughly 3 percent.

  • SAVANNAH, Ga.—' Unprecedented' life sentence recommended for peanut executive in federal food-poisoning case.

  • Agriculture Secretary Tom Vilsack told the House Agriculture Committee at a hearing on Wednesday. Developing a vaccine targeted to the H5N2 virus that has killed 48 million birds since early March in 15 states, including hardest-hit Iowa, Minnesota and Nebraska, is one aspect of planning for a potential recurrence of the bird flu, Vilsack said.

  • Pilots' union leader at Delta to step down in September Wednesday, 22 Jul 2015 | 5:00 PM ET

    ATLANTA— The head of the pilots' union at Delta Air Lines is resigning. Donatelli's decision comes less than two weeks after members of the Air Line Pilots Association rejected a Delta contract offer that union leaders had narrowly endorsed. "It is time for the pilots of Delta Air Lines to unify," Donatelli said in a letter to the airline's 12,000 pilots.

  • Equifax beats Street 2Q forecasts Wednesday, 22 Jul 2015 | 4:33 PM ET

    ATLANTA _ Equifax Inc. on Wednesday reported second-quarter earnings of $111 million. Six analysts surveyed by Zacks expected $661.7 million. For the current quarter ending in September, Equifax expects its per-share earnings to range from $1.08 to $1.11.

  • When chef Hooni Kim opened his Korean-inspired restaurant Danji in New York City nearly five years ago, he made sure to couch the cuisine's bold, funky flavors in familiar items: sliders filled with the marinated beef called "bulgogi," for example, and chicken wings glazed with garlic, honey and sesame seeds. "I wanted to deliver the flavors in a non-exotic way," says...

  • Home Depot paying $1.63 billion for Interline Wednesday, 22 Jul 2015 | 8:51 AM ET

    NEW YORK— The Home Depot Inc. is buying Interline Brands Inc., which distributes maintenance and repair products, for just under $1.63 billion in cash. Jacksonville, Florida- based Interline is a national distributor and direct marketer of maintenance and repair products. Atlanta- based Home Depot said the purchase will help address the needs of the...

  • NEW YORK— Coca-Cola says people are shelling out more money for its drinks, thanks to a mix of reinvigorated marketing and mini-cans and glass bottles that tend to cost more. The Atlanta- based company, known for more than a century's worth of ads such as "I'd Like To Buy The World A Coke," says the stepped-up quality and quantity of its advertising is helping it command...