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  • 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— As truth wars go, Vani Hari of the Food Babe blog has produced a doozy. "I think she means well, but I wish she would pick more important issues and pay closer attention to the science," said Marion Nestle, a nutrition, food studies and public health professor at New York University. Steven Novella, a clinical neurologist and assistant professor at Yale...

  • Nucor beats 1Q profit forecasts Thursday, 23 Apr 2015 | 9:12 AM ET

    CHARLOTTE, N.C. _ Nucor Corp. on Thursday reported first-quarter earnings of $67.8 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Nucor shares have declined 4.5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 2 percent.

  • Park Sterling meets 1Q profit forecasts Thursday, 23 Apr 2015 | 8:30 AM ET

    CHARLOTTE, N.C. _ Park Sterling Corp. on Thursday reported first-quarter earnings of $3.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share. Park Sterling shares have declined roughly 4 percent since the beginning of the year.

  • Carlisle tops Street 1Q forecasts Thursday, 23 Apr 2015 | 6:21 AM ET

    CHARLOTTE, N.C. _ Carlisle Cos. Inc. on Thursday reported first-quarter net income of $39.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. Three analysts surveyed by Zacks expected $698.4 million.

  • NEW YORK— Bank of America asked a federal appeals court Wednesday to toss out a $1.27 billion fine against it, saying the case brought by the federal government after the 2008 financial crisis should never have gone to trial. The bank said in papers filed with the 2nd U.S. Circuit Court of Appeals in Manhattan that the case against it was unfair and "utterly...

  • 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...

  • Sonic Automotive misses 1Q profit forecasts Tuesday, 21 Apr 2015 | 7:51 AM ET

    CHARLOTTE, N.C. _ Sonic Automotive Inc. on Tuesday reported first-quarter profit of $14 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Sonic Automotive shares have dropped 10 percent since the beginning of the year.

  • 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...