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  • Equifax posts higher profit, revenue for 3Q Wednesday, 24 Oct 2012 | 8:39 PM ET

    ATLANTA-- Equifax Inc., which collects and sells consumer credit information, said Wednesday that its profit grew 17 percent in the third quarter, aided by stronger revenue in its consumer-information business. Excluding the impact of acquisition-related expenses, Equifax's earnings amounted to 75 cents per share.

  • Delta 3Q profit surges on fuel gains Wednesday, 24 Oct 2012 | 6:04 PM ET

    Delta Air Lines reported a billion-dollar third-quarter profit and said demand is holding up well. The world's second-largest airline posted net income of $1.05 billion, or $1.23 per share, compared with $549 million, or 65 cents, a year earlier. And Southwest is still integrating AirTran _ 17 months after buying the company.

  • US suit alleges 'brazen' fraud at Countrywide Wednesday, 24 Oct 2012 | 3:33 PM ET

    The suit, filed Wednesday by the top federal prosecutor in Manhattan, also underscored how Bank of America's purchase of Countrywide in July 2008, just before the financial crisis, backfired severely. He also charged that Bank of America has resisted buying back soured mortgages from Fannie Mae and Freddie Mac, which bought loans from Countrywide.

  • Ally mortgage servicing unit OKs $3B buyout offer Wednesday, 24 Oct 2012 | 3:15 PM ET

    NEW YORK-- Ally Financial Inc.' s mortgage lending and servicing subsidiary has given preliminary approval to a $3 billion buyout offer from a unit of Ocwen Financial Corp..

  • *New home sales touch highest rate since April 2010. WASHINGTON, Oct 24- New U.S. single-family home sales surged in September to their highest level in nearly 2-1/ 2 years, further evidence the housing market recovery is gaining steam.

  • Rural Media Group buys another cable network Wednesday, 24 Oct 2012 | 2:36 PM ET

    OMAHA, Neb.-- The Rural Media Group has purchased another cable network to expand its programming into more markets. Rural Media produces RFD-TV and Rural TV with rural-themed programming. The deal gives the company access to several major markets, including New York, Chicago, Atlanta, Dallas and Los Angeles.

  • Oilfield operator RPC's 3Q profit falls 21 percent Wednesday, 24 Oct 2012 | 1:35 PM ET

    ATLANTA-- Oilfield-services provider RPC Inc. said Wednesday that third-quarter earnings fell 21 percent and revenue declined on lower natural gas prices. Net income in the quarter was $66 million, or 30 cents per share, compared with $83.1 million, or 38 cents per share, a year earlier.

  • Panel: Pregnant women, get whooping cough shot Wednesday, 24 Oct 2012 | 1:12 PM ET

    ATLANTA-- An expert panel is urging every expecting mother to get a shot preventing whooping cough, preferably in the last three months of her pregnancy to help protect her baby. The advice follows a frightening resurgence of the dreaded childhood disease.

  • Settlement meeting set in Miss. mill blast lawsuit Wednesday, 24 Oct 2012 | 11:00 AM ET

    JACKSON, Miss.-- A settlement conference is scheduled Thursday in a federal lawsuit brought by a man who was injured in an explosion at an International Paper Co. mill in Mississippi in 2008.. The lawsuit claims International Paper recklessly ignited the boiler when it was filled with combustible gas.

  • NRC approves design change for Ga. nuclear plant Wednesday, 24 Oct 2012 | 10:04 AM ET

    ATLANTA-- The U.S. Nuclear Regulatory Commission has given a Georgia utility permission to change the design of a nuclear power plant under construction, resolving a conflict over the installation of metal bars.

  • *Macitentan the big hope as Tracleer nears patent expiry. ZURICH, Oct 24- A new lung and heart drug from Actelion prolonged overall survival by more than a third in a clinical trial, reassuring Europe's leading biotech company that it has a viable successor to its current top seller.

  • Oct 23- A federal appeals court on Tuesday reinstated a $9.2 million securities arbitration ruling against Morgan Keegan& Co stemming from a group of bond funds that became the subject of a civil fraud action by regulators.

  • Aflac's Q3 profit up 36 pct amid investment gains Tuesday, 23 Oct 2012 | 9:15 PM ET

    COLUMBUS, Ga.-- Insurance company Aflac Inc. said Tuesday its third-quarter profit jumped nearly 36 percent as it reaped gains on investments and benefitted from a lower effective tax rate. Aflac reported net income of $1.02 billion, or $2.16 per share, in the July-September quarter, up from $736 million, or $1.57 per share, in the third quarter of 2011..

  • Bayer drug eases high blood pressure in lungs Tuesday, 23 Oct 2012 | 8:30 PM ET

    FRANKFURT, Oct 23- German drugmaker Bayer said its experimental riociguat pill could become the first treatment option for some patients suffering from a life-threatening form of high blood pressure in the lungs.

  • *Asbury plans to repurchase $25 M- $30 M of stock per year. Oct 23- U.S. auto dealership groups Sonic Automotive Inc and Asbury Automotive Group Inc posted higher third-quarter adjusted earnings as vehicle sales rose and costs stayed about flat.

  • Correction: Nike-Endorsements story Saturday, 20 Oct 2012 | 12:18 AM ET

    In a story about athletes and corporate endorsements, The Associated Press erroneously described an endorsement by Gabrielle Douglas, the Olympic gymnast. Nike forgave Tiger Woods after he apologized for cheating on his wife.

  • News Summary: Feds probe Graco car seat buckles Friday, 19 Oct 2012 | 3:44 PM ET

    BUCKLED UP: Federal safety officials are investigating complaints that children have been trapped in Graco car seats because the buckles won't unlatch. THE DETAILS: The probe covers My Ride and Nautilus car seats from 2009 through 2011 made by Graco Children's Products Inc. of Atlanta, the National Highway Traffic Safety Administration said Friday.

  • Unemployment rates in US states, at a glance Friday, 19 Oct 2012 | 3:38 PM ET
  • UPS expected to post flat 3Q profit Friday, 19 Oct 2012 | 2:49 PM ET

    NEW YORK-- United Parcel Service Inc. is expected to offer a subdued view of the global economy when it reports its third-quarter results before the market opens Tuesday. Smaller rival FedEx Corp. said the same in September. Last month FedEx unveiled a plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets.

  • Feds probe complaints about Graco car seat buckles Friday, 19 Oct 2012 | 11:24 AM ET

    DETROIT-- The National Highway Traffic Safety Administration is investigating complaints that children have been trapped in Graco car seats because the buckles won't unlatch.