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As Washington focuses on what Vice President Joseph R. Biden Jr. will propose next week to curb gun violence, gun and ammunition sales are spiking in the rest of the country. The New York Times reports.
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ADAIRSVILLE, Ga.-- For Darleen Evans, it was sheer terror as the manufacturing plant where she worked collapsed around her and her colleagues. On two occasions, tornadoes have ripped through the Daiki Corp. steel manufacturing plant that employs more than 90 people in this small community.
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*Cotton slides on low U.S. export data, China cancellations. NEW YORK, Jan 31- Cotton futures slid on Thursday after U.S. government sales data revealed cancellations in orders from China, as a 10.5 percent rise in prices for the month of January discouraged buyers in the world's largest textile market.
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ATLANTA-- Invesco Ltd. said Thursday its fourth-quarter net income dropped 22 percent as its clients invested less. The Atlanta- based money manager earned $158.7 million, or 35 cents per share, down from $202.3 million, or 44 cents per share, in the same quarter last year. Revenue rose 10 percent to $1.09 billion from $997.1 million.
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Jan 31- Money manager Invesco Ltd, which runs the Powershares brand of exchange-traded funds, said its fourth-quarter profit slipped 22 percent as the firm gathered less new money from customers than in prior quarters.
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Jan 31- Money manager Invesco Ltd, which runs the Powershares brand of exchange-traded funds, said its fourth-quarter profit slipped 7 percent as the firm gathered less new money from customers than in prior quarters.
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RALEIGH, N.C.-- In a case prosecutors say highlights weaknesses in the nation's gun laws, a South Carolina man admitted Wednesday he sold dozens of powerful military-style rifles at gun shows and in a hotel parking lot without any paperwork or background checks.
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Jan 31- Money manager Invesco Ltd, which runs the Powershares brand of exchange-traded funds, said its fourth-quarter profit slipped 7 percent. Net income totaled $158.7 million, or 35 cents per share, in the fourth quarter compared with $170.6 million, or 38 cents per share, in the same period a year earlier, Atlanta- based Invesco said in a release on Thursday.
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Jan 31- United Parcel Service Inc reported a fourth-quarter net loss after taking a large pension-related charge and forecast weaker-than-expected 2013 profit due to an uneven global economy.
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United Parcel Service Inc. is expected to show rising profits when it reports fourth-quarter results before the stock market opens on Thursday. This month, it walked away from a $6.9 billion proposal to buy Dutch package-delivery company TNT Express NV.
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D.R. Horton Inc., the nation's largest homebuilder, led the sector rally, with shares jumping more than 10 percent in afternoon trading. The Fort Worth, Texas, company reported earlier in the day that its net income more than doubled in its fiscal first quarter, handily beating Wall Street's expectations.
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ATLANTA-- Homebuilder Beazer Homes USA Inc. slid to a loss in its fiscal first quarter, as sharp gains in home orders and completed sales were offset by the impact of a larger income tax benefit in the same period last year. The loss reported Monday by the Atlanta company was smaller than Wall Street anticipated, but revenue fell short of analysts' expectations.
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*LNG exports planned from Elba Island near Savannah, Georgia. NEW YORK, Jan 28- With U.S. natural gas prices stuck at much less than half global levels, Royal Dutch Shell and Kinder Morgan Inc said on Monday they are teaming up to export liquefied natural gas from a terminal that was originally built to import gas.
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MIAMI BEACH, Fla., Jan 28- I ntercontinentalExchange Inc has received inquiries from rivals interested in buying NYSE Euronext's European stock exchanges once ICE completes its planned purchase of the New York- based exchange operator, ICE's chief executive said on Monday.
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PITTSBURGH-- PPG has completed the sale of its $2.5 billion commodity chemicals business to Georgia Gulf, the companies said Monday. The combination of the former PPG unit and Georgia Gulf has been renamed Axiall Corp., which will start trading Tuesday on the New York Stock Exchange under the "AXLL" ticker.
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NEW CASTLE, Del.-- A Delaware firm known for making NASA spacesuits has been awarded more than half a million dollars in taxpayer money for a new manufacturing facility in Sussex County.
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A U.S. division of Royal Dutch Shell PLC said Monday that it has agreed to join a venture that plans to export liquefied natural gas from a terminal near Savannah, Ga.. The terminal company, Southern LNG Co., applied for an export permit from the Department of Energy last March.
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Senator Tom Harkin, the Democrat from Iowa who championed landmark legislation banning discrimination against people with disabilities, said Saturday that he would retire and not seek re-election next year.
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*Was target of conservative Tea Party movement. Senator Saxby Chambliss of Georgia announced on Friday he will not seek a third term in 2014, saying he was fed up with the partisan gridlock in Congress that has left the country lurching from one fiscal crisis to another.
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Senator Saxby Chambliss of Georgia will not run for a third term in 2014, a congressional aide said on Friday, potentially leaving Congress with one less Republican willing to sit down with Democrats on fiscal issues.
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WASHINGTON, Jan 25- Republican U.S. Senator Saxby Chambliss of Georgia will not run for a third term in 2014, a congressional aide said on Friday, potentially leaving Congress with one less Republican who was willing to sit down with Democrats on fiscal issues.