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  • Babcock & Wilcox beats Street 1Q forecasts Wednesday, 6 May 2015 | 6:03 PM ET

    CHARLOTTE, N.C. _ Babcock& Wilcox Co. on Wednesday reported first-quarter net income of $45.3 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Babcock& Wilcox shares have climbed 5 percent since the beginning of the year.

  • FairPoint reports 1Q loss Wednesday, 6 May 2015 | 6:15 AM ET

    CHARLOTTE, N.C. _ FairPoint Communications Inc. on Wednesday reported a loss of $45.2 million in its first quarter. FairPoint shares have climbed 39 percent since the beginning of the year. Keywords: FairPoint Communications, Earnings Report.

  • DOVER, Del.— A Delaware judge is considering Duke Energy's request for a six-month halt of a shareholder lawsuit prompted by a massive coal ash spill in North Carolina while the company tries to resolve related lawsuits and finalize a $102 million settlement of a federal criminal investigation. "We hope and expect that the DOJ matter will be resolved soon," said...

  • Coca-Cola Bottling posts 1Q profit Tuesday, 5 May 2015 | 6:36 PM ET

    CHARLOTTE, N.C. _ Coca-Cola Bottling Co. on Tuesday reported first-quarter net income of $2.2 million. On a per-share basis, the Charlotte, North Carolina- based company said it had profit of 24 cents. The Coca-Cola bottler posted revenue of $453.3 million in the period.

  • May 4- XPO Logistics Inc reported a smaller quarterly loss and struck its second deal in a week by agreeing to buy U.S.-based Bridge Terminal Transport for $100 million. XPO, which signed its biggest-ever deal last week by agreeing to buy France- based Norbert Dentressangle SA for $3.5 billion including debt, has become a one-stop shop in transportation...

  • WASHINGTON, May 4- New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar. The report on Monday from the Commerce Department was the latest indication that the rebound from the first quarter's...

  • WASHINGTON, May 1- U.S. factory activity failed to gain steam in April after slowing for five straight months, but stronger-than-expected vehicle sales suggested the economy was finding some momentum after almost stalling in the first quarter. "The reacceleration in growth will not come fast enough for many, especially those looking for a liftoff by the Fed to...

  • Duke Energy beats 1Q profit forecasts Friday, 1 May 2015 | 7:21 AM ET

    CHARLOTTE, N.C.— Duke Energy Corp. on Friday reported first-quarter net income of $864 million, after reporting a loss in the same period a year earlier. Duke Energy expects full-year earnings in the range of $4.55 to $4.75 per share. Duke Energy shares have dropped 7 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly...

  • CommunityOne posts 1Q profit Thursday, 30 Apr 2015 | 10:42 AM ET

    CHARLOTTE, N.C. _ CommunityOne Bancorp on Thursday reported first-quarter net income of $2.5 million. The bank, based in Charlotte, North Carolina, said it had earnings of 10 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Tree.com posts 1Q profit Thursday, 30 Apr 2015 | 10:30 AM ET

    CHARLOTTE, N.C. _ Tree.com Inc. on Thursday reported first-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Charlotte, North Carolina- based company said it had profit of 43 cents. For the current quarter ending in June, Tree.com said it expects revenue in the range of $51 million to $53 million.

  • EnPro reports 1Q loss Thursday, 30 Apr 2015 | 9:13 AM ET

    CHARLOTTE, N.C. _ EnPro Industries Inc. on Thursday reported a first-quarter loss of $1.6 million, after reporting a profit in the same period a year earlier. Three analysts surveyed by Zacks expected $283.1 million. Access a Zacks stock report on NPO at http://www.zacks.com/ap/NPO.

  • Extended Stay America beats Street 1Q forecasts Thursday, 30 Apr 2015 | 8:36 AM ET

    CHARLOTTE, N.C. _ Extended Stay America Inc. on Thursday reported first-quarter earnings of $21.5 million. Extended Stay America expects full-year revenue in the range of $1.27 billion to $1.3 billion. Extended Stay America shares have increased 8 percent since the beginning of the year.

  • Curtiss-Wright meets 1Q profit forecasts Wednesday, 29 Apr 2015 | 6:45 PM ET

    CHARLOTTE, N.C. _ Curtiss-Wright Corp. on Wednesday reported first-quarter profit of $16 million. Curtiss-Wright expects full-year earnings to be $3.80 to $3.90 per share. Curtiss-Wright shares have climbed almost 7 percent since the beginning of the year.

  • SPX reports 1Q loss Wednesday, 29 Apr 2015 | 6:46 AM ET

    CHARLOTTE, N.C. _ SPX Corp. on Wednesday reported a first-quarter loss of $7.1 million, after reporting a profit in the same period a year earlier. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. Eight analysts surveyed by Zacks expected $980.4 million.

  • NEW YORK, April 22- Bank of America Corp on Wednesday asked a federal appeals court to toss a $1.27 billion penalty imposed in a mortgage fraud case, and in a rare move asked that the prominent Manhattan judge who oversaw its trial be replaced if the case were to continue. Bank of America spokesman Lawrence Grayson declined to comment. Rakoff imposed the civil...

  • Bank of America settles currency-rigging lawsuit Thursday, 16 Apr 2015 | 12:00 PM ET

    NEW YORK, April 16- Bank of America Corp has settled its portion of a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the foreign exchange market. Bank of America is the third bank to settle investor claims related to the $5.3 trillion- a-day currency market. Scott& Scott said Bank of America's settlement will "mirror" the earlier...

  • *Nonfarm payrolls forecast rising 245,000 in March. WASHINGTON, April 3- U.S. job growth likely remained solid in March, which should allay fears over recent economic weakness and keep the Federal Reserve on course to start raising interest rates this year. The labor market has largely shrugged off a harsh winter, a buoyant dollar, weaker global demand and a...

  • LOS ANGELES, April 1- McDonald's Corp plans to raise the average pay of about 90,000 U.S. workers to around $10 an hour, but the increase will not benefit workers at the vast majority of the restaurants, because they are operated by franchisees, who make their own wage decisions. Wal-Mart Stores Inc and other retailers have introduced entry-level wage hikes in...

  • BOSTON, March 26- Bank of America Corp will not hold a shareholder vote on its decision to reunite the roles of chairman and chief executive officer, according to the bank's proxy statement filed on Thursday. But both also said they would support Bank of America directors this year after the bank separately adopted a rule change to make it easier for shareholders...

  • March 20- A federal judge rejected Bank of America Corp's request to dismiss a lawsuit in which Cook County, Illinois, accused the lender of targeting black and Hispanic borrowers in the Chicago area with subprime mortgages. District Judge Elaine Bucklo in Chicago said Cook County could pursue allegations that the bank steered minority borrowers into an...