New housing data show the consumer environment is still healthy, investment pros tell CNBC.» Read More
LONDON-- Pearson PLC, the U.K. publisher and education company, said Wednesday that chief executive Marjorie Scardino has decided to step down.
MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians based outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the performers' average salary by $46,000 a year.
*ADP payrolls report slightly stronger than forecast. NEW YORK, Oct 3- U.S. "There's rate-locking and traders are adding to steepening exposure," said Tom di Galoma, managing director at Navigate Advisors LLC in Stamford, Connecticut. "
Both Stanley and Crawford joined the firm as senior vice presidents of wealth management, leading the Palmetto Advisory Group, which also includes advisers Linda Fraser, Geoffery Forsyth and Carolee McKeown and private client assistant Henry Batts.
Oct 2- BWAY Parent Co Inc, which supplies metal and plastic containers to the packaging industry, said it will be acquired by an affiliate of Platinum Equity for about $1.24 billion. BWAY Parent, which operates through its subsidiary BWAY Corp, said Platinum Equity would acquire it from funds managed by Madison Dearborn Partners.
NEW YORK, October 02 Fitch Ratings affirms the following credit ratings of Highwoods Properties, Inc. and its operating partnership, Highwoods Realty Limited Partnership,: Highwoods Properties, Inc.-- Long-term IDR at' BBB-';-- Preferred stock at' BB'.
MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the average musicians' salary by $46,000 a year.
ATLANTA, Oct 2- The percentage of U.S. high school students who drink and drive has dropped by more than half in two decades, in part due to tougher laws against driving under the influence of alcohol, federal health officials said on Tuesday.
ATLANTA-- A drop in last-minute travelers in September hurt a key revenue measurement for Delta Air Lines Inc., the company said on Tuesday, although its fuel bill came in lower than expected, too. Per-seat passenger revenue rose 0.5 percent in September. Delta had previously said it expected an increase of 1 percent to 3 percent.
NASHVILLE, Tenn.-- Three Tennessee employees have sued Wal-Mart claiming they lost pay and promotion opportunities because they are women. The Barrett Johnston law firm said the lawsuit, filed Tuesday in Nashville, is the third of its kind against Wal-Mart since 2011..
Many thought Ted Turner's idea to start the network was "crazy," said Robert Sorcher, who worked there for its first five years. He said critics didn't understand Turner Broadcasting Systems' $320 million purchase of the Hanna-Barbera library or earlier acquisition of the MGM film library, which includes "Tom& Jerry."
Nathan Deal would deny a tax break for tourist attractions to a planned convention hotel on Jekyll Island because it would be unfair to competing hotels in the area, the governor's spokesman said Tuesday.
ATLANTA-- Georgia Southern University students have endorsed two new fees for athletics and the Georgia Board of Regents now must consider them. In a campus-wide referendum, 70 percent of the 9,400 students voting supported a $25 per-semester fee to expand Paulson Stadium.
ATLANTA-- Acuity Brands' fiscal fourth-quarter net income fell 3 percent, pulled down by a charge and expenses related to a plant closing. The lighting maker, which sells lights under brands including Holophane, Gotham and Synergy Lighting Controls, earned $33.3 million, or 78 cents per share, for the three months ended Aug. 31.
Oct 2- Lighting fixture maker Acuity Brands Inc's. Net income fell to $33.3 million, or 78 cents per share, from $34.2 million, or 79 cents per share, a year earlier. Shares of the Atlanta, Georgia- based company touched a low of $58.57 in early trading on the New York Stock Exchange.
NEW YORK-- Electronic payments processor Global Payments said Tuesday that it has completed its $413 million acquisition of smaller client Accelerated Payment Technologies. Global Payments Inc. announced the deal in August. Global Payments shares finished at $41.79 on Monday.
S&P 500 futures rose 7.7 points, Dow Jones industrial average futures rose 23 points, and Nasdaq 100 futures. The biotechnology company and Japan's Daiichi Sankyo Co Ltd. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.
U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up between 0.2 and 0.3 percent. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.