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  • Medical Properties reports 3Q results Thursday, 30 Oct 2014 | 9:36 AM ET

    The Birmingham, Alabama- based real estate investment trust said it had funds from operations of $46.6 million, or 27 cents per share, in the period. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 27 cents per share. Analysts expected $79.1 million, according to Zacks.

  • Walter Energy tops 3Q profit forecasts Thursday, 30 Oct 2014 | 7:48 AM ET

    BIRMINGHAM, Ala. _ Walter Energy Inc. on Thursday reported a third-quarter loss of $98.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of $1.63 per share. Analysts expected $336.6 million, according to Zacks.

  • Tim Cook: 'I'm proud to be gay' Thursday, 30 Oct 2014 | 7:28 AM ET

    NEW YORK— Apple CEO Tim Cook says he's proud to be gay. The executive said that for years he's been open with many people about his sexual orientation and that plenty of his Apple colleagues know he is gay. Cook is a native of Robertsdale, Alabama, and attended Auburn University.

  • What is Orbital Sciences? Wednesday, 29 Oct 2014 | 4:53 PM ET

    NEW YORK— NASA pays it billions. And its $2 billion deal to resupply the International Space Station had gone well— until this week. Aerospace company Orbital Sciences Corp. suffered a big failure late Tuesday when one of its unmanned rockets bound for the station exploded moments after liftoff.

  • Gov't pushes air bag maker on replacement parts Wednesday, 29 Oct 2014 | 4:35 PM ET

    The National Highway Traffic Safety Administration sent letters Wednesday to Japanese air bag maker Takata Corp. and 10 automakers seeking information in a widening air bag recall that now covers almost 8 million U.S. vehicles. The vehicles are equipped with Takata air bags that can potentially inflate with too much force, blowing apart metal canisters and...

  • *Shares open at $32 and touch a high of $33.30. Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 45 percent in their market debut, in the latest MLP offering to win investor confidence. Royal Dutch Shell is the first of the industry majors to take an MLP public as a means of monetizing assets while...

  • Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 41 percent in their market debut, in what was the largest initial public offering by an MLP in a decade. Royal Dutch Shell became first of the industry majors to take an MLP public as a way to monetize assets while lowering the cost of capital.

  • AutoNation halts sales of cars in air bag recalls Tuesday, 28 Oct 2014 | 3:08 PM ET

    The recalls are giving the auto industry a black eye because they are "confusing and incoherent," AutoNation CEO Mike Jackson said Tuesday in an interview. Dozens of models made by BMW, Chrysler, Ford, General Motors, Mazda, Honda, Mitsubishi, Nissan, Subaru and Toyota dating to the 2001 model year are covered by the recalls. AutoNation, a 277- franchise chain that's in...

  • HealthSouth tops Street 3Q forecasts Monday, 27 Oct 2014 | 5:07 PM ET

    BIRMINGHAM, Ala. _ HealthSouth Corp. on Monday reported third-quarter earnings of $50.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. HealthSouth expects full-year earnings to be $2.24 to $2.27 per share.

  • NEW YORK, Oct 27- U.S. stocks edged lower in afternoon trading on Monday, pausing after the S&P 500' s biggest weekly gain since January 2013, as energy shares fell with another decline in oil prices. Shares of Gilead Sciences, due to report results Tuesday, were up 1.8 percent and helped to limit some of the declines. Micron Technology jumped 3.5 percent and was the...

  • Apple CEO challenges home state on LGBT rights Monday, 27 Oct 2014 | 5:31 AM ET

    MONTGOMERY, Ala.— Apple chief executive and Alabama native Tim Cook is being honored by his home state. Cook and seven others including University of Alabama football coach Nick Saban are being inducted into the Alabama Academy of Honor on Monday. Other honorees include University of Alabama President Judy Bonner; Big Oak Ranch founder John Croyle; and biotech...

  • What you need to know about massive air bag recall Friday, 24 Oct 2014 | 4:51 PM ET

    So far, more than 12 million vehicles worldwide with air bags made by Japanese parts supplier Takata Corp. have been recalled for the problem. There have been recalls in Japan, Europe, China and other areas. A: Chemicals that quickly inflate air bags during a crash are exploding with too much force in Takata air bags made from 2001 to 2011. This blows apart metal...

  • 2 closed Alabama abortion clinics reopen Thursday, 23 Oct 2014 | 7:10 AM ET

    MONTGOMERY, Ala.— Two closed abortion clinics in Alabama have reopened, giving the state a total of five licensed clinics, but how long most remain open depends on the outcome of a lawsuit. The Planned Parenthood Southeast clinic in Birmingham reopened after taking corrective actions and Alabama Women's Center in Huntsville is back in business after moving to a...

  • Feds to bring indoor plumbing to Alaska village Thursday, 23 Oct 2014 | 5:07 AM ET

    ANCHORAGE, Alaska— A remote Alaska Native village where only half the homes have indoor plumbing is among rural communities nationwide that will receive upgrades to rural water and wastewater systems with $352 million in grants and loans from the U.S. Department of Agriculture. Among other awards for water system improvements include a $6 million loan and...

  • DETROIT, Oct 22- The United Auto Workers hopes to be recognized as the exclusive bargaining agent for workers at a Volkswagen AG assembly plant in Chattanooga, Tennessee within a year, the union's President Dennis Williams said on Wednesday. He said "I hope so," however, when asked if the UAW would gain recognition to bargain for VW workers by the time contract talks...

  • Correction: Air Bag Recall-Glance story Wednesday, 22 Oct 2014 | 3:28 PM ET

    The National Highway Traffic Safety Administration has expanded the number of vehicles and manufacturers covered by a warning about air bags. But Wednesday it added multiple models and removed about 133,000 older General Motors cars that were put on the list by mistake. The agency is urging people in high-humidity areas such as Florida, Puerto Rico, Guam,...

  • A Republican Senate means changing the chairmen Wednesday, 22 Oct 2014 | 1:58 PM ET

    WASHINGTON— If Republicans win the Senate, the Pentagon should brace for constant grilling from Sen. The size of a Republican majority would determine committee ratios and budgets; more seats in the Senate translate into a greater advantage on the panels. "If we lose the Senate, for one thing, the way this Senate's been operating, they could end up blocking all my...

  • Alabama small business panel holds first meeting Wednesday, 22 Oct 2014 | 11:03 AM ET

    Robert Bentley unveiled a new website meant to help entrepreneurs and small business owners during the first meeting of the Alabama Small Business Commission. The commission is headed by Rosemary Elebash, who is the Alabama director for the National Federation of Independent Business. The U.S. Small Business Administration says Alabama has about 400,000...

  • Regions Financial tops 3Q profit forecasts Tuesday, 21 Oct 2014 | 6:15 AM ET

    BIRMINGHAM, Ala. _ Regions Financial Corp. on Tuesday reported third-quarter profit of $325 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Regions Financial shares have decreased slightly more than 7 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 3...

  • Labor Secretary Perez pushes Obama jobs proposals Monday, 20 Oct 2014 | 5:35 PM ET

    WASHINGTON— Labor Secretary Tom Perez sought Monday to re-energize President Barack Obama's stalled push for raising the minimum wage from $7.25 to $10.10 an hour and for making paid leave for mothers of newborns more widely available. Perez formerly headed the Justice Department's civil rights division and has been mentioned as a possible replacement...