The historic blizzard bearing down on the East Coast will likely be bullish for energy and public utility firms, if the past is any guide.» Read More
ATLANTA— The delays and cost overruns are piling up for a new plant in Georgia that was supposed to prove nuclear energy can be built affordably. A sister project in South Carolina owned by SCANA Corp. and Santee Cooper has run into similar delays and cost pressures. The latest snag was disclosed Thursday, before Southern Co. announces its earnings next week.
BOSTON, Jan 30- Topface, one of the world's largest dating websites, said it has paid a hacker an undisclosed sum to stop trying to sell about 20 million email addresses stolen from the Russian company. Topface Chief Executive Dmitry Filatov said the company located the hacker, who had published ads to sell the data but had not actually sold them.
ATLANTA _ Newell Rubbermaid Inc. on Friday reported fourth-quarter net income of $52 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Newell Rubbermaid expects full-year earnings in the range of $2.10 to $2.18 per share.
ATLANTA _ Beazer Homes USA Inc. on Friday reported a loss of $22.3 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share. Analysts expected $293.7 million, according to Zacks.
ATLANTA— Southern Co. said the firms building its new nuclear power plant in Georgia estimate the project will be delayed 18 months, potentially costing the power company $720 million in new charges, company officials said Thursday. Westinghouse Electric Co. and Chicago Bridge& Iron Co. expect the first reactor at Plant Vogtle will be complete in mid-2019, and...
*Treasury sells $64 billion of new debt. NEW YORK, Jan 29- U.S. Treasuries fell on Thursday, with long-term yields backing away from record lows as U.S. jobless claims figures shrank to a 15- year low and investors made room for $64 billion of new government debt.
NEW YORK, Jan 29- U.S. Other maturities were also mostly off, according to Thomson Reuters data. Initial claims for state unemployment benefits dropped 43,000 to a seasonally adjusted 265,000 for the week ended Jan. 24, the lowest since April 2000, the Labor Department said on Thursday.
ATLANTA _ State Bank Financial Corp. on Thursday reported fourth-quarter profit of $7.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. State Bank Financial shares have fallen 6.5 percent since the beginning of the year.
In a board of directors meeting last January, Martin Luther King III and Dexter had voted 2-1 against the Rev. Bernice King to sell the artifacts. Fulton County Superior Court Judge Robert McBurney on Wednesday temporarily halted all action in the case at the parties' request to allow them time to settle the matter.
ATLANTA _ Invesco PLC on Thursday reported fourth-quarter profit of $269.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Analysts expected $1.31 billion, according to Zacks.
ATLANTA— PulteGroup Inc. on Thursday reported fourth-quarter profit of $217.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. PulteGroup shares have declined 4 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased roughly 3 percent.
ATLANTA, Jan 29- The U.S. Centers for Disease Control and Prevention has introduced camera monitoring of workers in its highest-level biosafety laboratories as it seeks to restore public faith in its procedures after a series of mishaps, agency officials tell Reuters. Since last June, the Atlanta- based agency has disclosed several incidents, one in which...
WASHINGTON, Jan 28- The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. "The committee, in fact, was downright bullish on current economic conditions and the outlook," said Paul Edelstein, director of financial...
ATLANTA _ Rollins Inc. on Wednesday reported fourth-quarter earnings of $29.9 million. The Atlanta- based company said it had net income of 21 cents per share. For the year, the company reported profit of $137.7 million, or 94 cents per share.
ATLANTA _ RPC Inc. on Wednesday reported fourth-quarter net income of $77.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Analysts expected $637 million, according to Zacks.
ATLANTA _ Marine Products Corp. on Wednesday reported fourth-quarter net income of $2 million. Marine Products shares have decreased 16 percent since the beginning of the year. Keywords: Marine Products, Earnings Report.
ATLANTA— The Republican Governors Association and its Democratic counterpart were the dominant players in making donations to pay for state-level elections in 2014. The two groups often served as pass-throughs for billionaires, unions and corporations seeking influence in statehouses nationwide. The RGA, which helped the GOP grow its roster of...
WASHINGTON, Jan 28- The Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery. Fed Chair Janet Yellen faces growing skepticism that the central bank can tighten monetary policy by...
Jan 27- Apple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history. Apple's cash pile is now $178 billion, enough to buy IBM or the equivalent to $556 for every American.
NASHVILLE, Tenn.— Google said Tuesday it has selected four metro areas in the Southeast to receive its fiber optic service that can deliver Internet speeds at more than 50 times the national broadband average. Google officials said five Western cities previously identified as finalists remain in the running for fiber down the line. "We had four cities here in the...