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  • In an unusual hearing before a standing room-only audience, trial lawyers for the U.S. Securities and Exchange Commission sought to convince the regulator's commissioners of the legality of SEC administrative proceedings. The case involved Timbervest LLC, which was seeking to overturn an August decision by SEC Administrative Law Judge Cameron Elliot...

  • *Atmel jumps on M&A report. June 8- U.S. stocks ended lower on Monday as investors worried about Greece and mulled the prospect of the Federal Reserve raising interest rates as early as September. The market is cringing at that idea, "said Frank Davis, director of sales and trading at LEK Securities in New York.

  • NEW YORK, June 8- Could prison stocks be poised for a breakout? The two main prison operators have been dogged by the prospect of new government regulations, with presidential candidates Hillary Clinton and Senator Rand Paul among those calling for criminal justice reform, an issue seen as a threat to the group. Corrections Corporation of America, which has a...

  • CHICAGO, June 8- The death of more than 46 million chickens and turkeys in a bird flu outbreak is opening a rare fissure within the usually tight-knit U.S. poultry industry, pitting farmers with infected flocks against those who so far largely have sidestepped the worst outbreak in U.S. history. Hard-hit turkey producers in the Midwest say they will continue to...

  • WASHINGTON, June 5- A group of investment managers and their firm have called into question the impartiality of a U.S. Securities and Exchange Commission judge who oversaw a case against them, leading the regulator to ask the judge if their concern is valid. Timbervest LLC, a Georgia- based investment firm, and its executives, have appealed a decision by Elliot made...

  • TBC: Currency weakness was a challenge Friday, 5 Jun 2015 | 1:48 AM ET
    TBC: Currency weakness was a challenge

    Mamuka Khazaradze, chairman of the supervisory board of Georgia's second largest bank TBC, said currency devaluation last year was its biggest challenge.

  • June 4- Delta Air Lines Inc on Thursday said its operating profit margin this quarter could be lower than it expected as the U.S. airline industry wrestles with slightly weaker U.S. demand and with oil prices inching up. Delta's shares fell more than 1 percent while United's tumbled more than 2 percent after Compton said United was pricing competitively to...

  • June 3- Stock Building Supply Holdings Inc and fellow construction materials supplier Building Materials Holding Corp said they would combine to expand in the fast-growing south and west regions in the United States. BMC's shareholders will receive 0.5231 new shares of Stock Building Supply for each share held and own about 60 percent of the merged entity,...

  • Police met U.S. Airways flight 648, with 88 passengers and five crew on board, when it landed at Philadelphia International Airport due to a "possible security threat," said Victoria Lupica, a spokeswoman for U.S. Airways' parent company, American Airlines Group Inc. NBC and CNN reported that other U.S. commercial flights received bomb threats on Tuesday: a United...

  • CHICAGO, May 30- Indiana is training 300 prisoners to kill infected chickens and banning bird shows at county fairs. Iowa is trying to figure out how to deal with a mountain of dead- and reeking- chickens. Robert Cobb, state veterinarian for Georgia, the nation's leading producer of chickens raised for meat, which has not had any cases so far.

  • May 28- Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99, plus 99 cents per unit.

  • May 28- Amazon.com Inc said on Thursday it will expand same-day delivery to San Diego and the Tampa Bay Area under its Prime shipping service, which has been an engine of revenue growth for the online seller. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99 plus 99 cents per unit. The same-day delivery service is...

  • May 26- Delta Air Lines Inc on Tuesday announced new flights from Seattle to five destinations in its latest move to strip market share from Alaska Air Group Inc, which is based in that city. Investors worry that overlaps with the airport's larger operator Alaska Airlines could lead to lower ticket prices and revenue from Seattle. Delta said it would begin...

  • *Bank of Japan keeps policy unchanged, as expected. NEW YORK, May 22- The U.S. dollar turned higher on Friday, spurred off early losses after a U.S. inflation report that indicated underlying pressures are building bolstered the case for the U.S. "Stronger inflation, along with stronger growth data, is something that the Fed certainly wants to see," said Brian...

  • Nevertheless, total egg production rose slightly in April, supported by a greater output of eggs for hatching into meat-producing birds and more egg-laying hens, the USDA reported. The USDA's Animal and Plant Health Inspection Service has since confirmed cases in 54 Iowa flocks containing more than 26 million birds, most of them egg-laying hens.

  • An SEC statement said Gray Financial Group steered public pension fund clients into an investment fund that did not comply with state law and collected more than $1.7 million as a result. The SEC said the investments violated Georgia law because they did not have at least four other investors and did not have a minimum of $100 million in assets.

  • Atlanta firm charged by SEC over public pension funds Thursday, 21 May 2015 | 11:35 AM ET

    WASHINGTON, May 21- The U.S. Securities and Exchange Commission on Thursday announced fraud charges against an Atlanta- based investment advisory firm and two of its executives for their handling of the city's pension funds for police, firefighters, transit workers and other employees.

  • May 20- A unit of ConAgra Foods Inc pleaded guilty to a criminal misdemeanor and will pay $11.2 million to end a federal probe into a 2007 recall of peanut butter, including the Peter Pan brand, linked to a salmonella outbreak that sickened hundreds. The plea agreement also calls for the unit to pay an $8.01 million criminal fine, a record in a U.S. food safety case, and...

  • May 20- A unit of ConAgra Foods Inc has pleaded guilty to a criminal misdemeanor and will pay $11.2 million to end a federal probe into a 2007 recall of peanut butter linked to a salmonella outbreak, court papers showed. ConAgra Grocery Products Co pleaded guilty to one count of introducing adulterated food into interstate commerce, will pay a $8.01 million...

  • District Judge Jack Zouhary in Toledo, Ohio to approve the preliminary settlements, which combined with earlier accords would boost their total recovery to $433.1 million. Other payments include $60 million from Foamex Innovations Inc, $50 million from Woodbridge Foam Corp and affiliates, $32 million from Future Foam Inc, $19.5 million from Hickory Springs...