New housing data show the consumer environment is still healthy, investment pros tell CNBC.» Read More
To be sure, Fidelity surveyed just 1,200 advisers and brokers at broker-dealers, banks, wirehouses, insurers and registered investment advisors- a small fraction of a group that research firm Cerulli Associates estimates at more than 300,000..
NORFOLK, Va.-- Virginia Port Authority officials are holding a public hearing on proposals to privatize some of the Port of Virginia's operations. The Port of Virginia is the third-largest port on the East Coast. But state officials have been frustrated that it hasn't rebounded from the recession as quickly as its competitors in New York and Savannah, Ga., have.
DULUTH, Ga.-- Life insurance company Primerica agreed to buy back approximately 2.1 million shares of its common stock from private equity firm Warburg Pincus for just over $60 million. Primerica Inc. said Thursday that it agreed to pay $28.74 per share for the stock, which was where it closed on Wednesday.
The boozy reality TV series about a group of self-proclaimed "guidos" and "guidettes" cohabiting in a run-down Seaside Heights, N.J., party house is winding down as its sixth _ and MTV promises final _ season gets under way almost three years after it debuted and became a pop-cultural situation spawning catchphrases, punch lines, hairdos and tabloid fodder.
ATLANTA-- Southern small burger chain Krystal will relocate its headquarters to Atlanta from Chattanooga, Tenn.. The majority of the employees have the option to apply for new positions in the Atlanta office. Atlanta- based Argonne owns a portfolio of restaurants.
ATLANTA-- Haverty Furniture Cos. said Thursday that its revenue grew 11 percent in the third quarter as sales increased at established shops. Revenue rose to $172.7 million from $155.4 million a year ago. At locations open at least a year, revenue rose 10 percent.
NEW YORK, Oct 4- Lenders seized fewer U.S. homes in August, in part due to the rising popularity of alternatives to foreclosure, data analysis firm CoreLogic said on Thursday. There were 57,000 foreclosures completed in August, down from 58,000 in July and 75,000 a year ago, according to CoreLogic.
Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt carrier. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was canceled last month.
EASTPOINT, Fla.-- Florida's oyster industry appears near collapse and needs help to survive, including getting more fresh water into Apalachicola Bay from Georgia, Gov. Rick Scott said Wednesday in pledging to try to help.
Rick Scott says the state's oyster industry appears near collapse and needs help to survive. He says that includes getting more fresh water coming into Apalachicola Bay from Georgia. Florida has battled for years over the amount of water coming downstream from Georgia.
Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt airline. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was cancelled last month.
ATLANTA-- Loan servicing company Ocwen Financial Corp. said Wednesday that it is buying Homeward Residential Holdings Inc. in a $750 million deal. Ocwen is buying the loan servicing company from private equity firm WL Ross& Co. LLC for $588 million in cash and $162 in Ocwen convertible preferred stock.
*Third-quarter net income 44 cents a share. Oct 3- Hotel operator Marriott International. Net income came to $143 million, or 44 cents a share, in the fiscal third quarter ended Sept. 7, compared with a loss of $179 million, or 52 cents a share, a year earlier.
Oct 3- Hotel operator Marriott International. reported a higher quarterly profit on Wednesday as its corporate business showed strength. Net income came to $143 million, or 44 cents a share, in the third quarter ended September 7, compared with a loss of $179 million, or 52 cents a share, a year earlier.
WILMINGTON, Del.-- Primedia Inc. is asking a Delaware judge to dismiss a shareholder lawsuit challenging the acquisition of the Georgia- based house and apartment search guide publisher by private investment firm TPG Capital for $316 million.
THOMASTON, Ga.-- Chick-fil-A President Dan Cathy voiced his support for "Biblical families" in one of his first interviews since his earlier comments caused controversy regarding gay marriage. Cathy made the comments over the weekend at an event at his family's Georgia ranch.
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. "