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  • NEW ORLEANS— A federal appeals court has upheld a lower court's dismissal of a lawsuit against BP and other companies by three Mexican states over the 2010 Gulf of Mexico oil spill. The 5th U.S. Circuit Court of Appeal upheld a 2013 district court ruling. The courts held that, because Mexico's federal government owns the affected property, the states— Veracruz,...

  • Stone Energy reports 1Q loss Monday, 4 May 2015 | 5:13 PM ET

    LAFAYETTE, La. _ Stone Energy Corp. on Monday reported a first-quarter loss of $327.4 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. Stone Energy shares have decreased 3 percent since the beginning of the year.

  • WASHINGTON, May 4- Holcim Ltd, a Swiss company, and Lafarge S.A., which is based in Paris, on Monday won U.S. antitrust approval to merge after they agreed to divest assets, the Federal Trade Commission. Lafarge said previously that it would sell its Davenport cement plant in Iowa and seven terminals along the Mississippi River to Summit Materials for $450 million in...

  • PetroQuest reports 1Q loss Monday, 4 May 2015 | 4:36 PM ET

    LAFAYETTE, La. _ PetroQuest Energy Inc. on Monday reported a first-quarter loss of $121 million, after reporting a profit in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share. Six analysts surveyed by Zacks expected $43.1 million.

  • NEW YORK— Dean Foods plans to market its 31 brands of milk, some of which have been around for decades, under the new "DairyPure" label. —Garelick Farms: The brand was founded in 1931 with its market currently in New York State and throughout New England. —Dean's: Available throughout Pennsylvania, Ohio, Indiana, Illinois, and Wisconsin.

  • Judge Susan Braden of the U.S. Court of Federal Claims in Washington said the flooding was, in effect, a "taking" of property under the Fifth Amendment, for which the plaintiffs must be compensated. Friday's ruling came in an October 2005 lawsuit filed by the government of St. Bernard Parish— adjacent to New Orleans— and several property owners. "It's great news for St....

  • The change follows New Mexico's scathing state audit report Thursday that found Taser hired Albuquerque police chief Ray Schultz days after he stepped down in 2013— even as he remained on the city payroll. The Associated Press reported in March on similar arrangements between the Scottsdale, Arizona- based company and former Fort Worth, Texas, police chief...

  • MADISON, Wis.— A former pipeline inspector must pay nearly $19.3 million in restitution for his role in a jet fuel leak at General Mitchell International Airport three years ago. Federal prosecutors said in a news release issued Thursday that Randy Jones had been ordered to pay the $19.3 million and serve five years' probation. According to court documents and...

  • H&E Equipment posts 1Q profit Thursday, 30 Apr 2015 | 8:51 AM ET

    BATON ROUGE, La. _ H&E Equipment Services Inc. on Thursday reported first-quarter profit of $6.1 million. On a per-share basis, the Baton Rouge, Louisiana- based company said it had profit of 17 cents. H&E Equipment expects full-year revenue in the range of $1.07 billion to $1.09 billion.

  • Hornbeck Offshore tops 1Q profit forecasts Wednesday, 29 Apr 2015 | 7:51 PM ET

    COVINGTON, La. _ Hornbeck Offshore Services on Wednesday reported first-quarter profit of $35.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Four analysts surveyed by Zacks expected $137.7 million.

  • Amerisafe posts 1Q profit Wednesday, 29 Apr 2015 | 6:24 PM ET

    DERIDDER, La. _ Amerisafe Inc. on Wednesday reported first-quarter profit of $15.1 million. On a per-share basis, the Deridder, Louisiana- based company said it had net income of 79 cents. Amerisafe shares have climbed nearly 9 percent since the beginning of the year.

  • LAFAYETTE, La.— Bell Helicopter says its decision to trim jobs from its global workforce won't affect plans to hire workers at a $26.3 million plant in Louisiana. "This week's announcement for reductions in force for Bell Helicopter's global operations will not change our plans for our Lafayette facility," said David Sylvestre, a spokesman for Bell's parent...

  • A motion filed Monday seeks to add nine states where the EPA approved the herbicide for use on April 1. The substance has been linked to Parkinson's disease, non-Hodgkin lymphoma and reproductive problems, said a statement by plaintiff Center for Food Safety. The stay motion focuses on what Achitoff said was EPA's failure, prior to registering the herbicide for...

  • Amedisys reports 1Q loss Wednesday, 29 Apr 2015 | 7:15 AM ET

    BATON ROUGE, La. _ Amedisys Inc. on Wednesday reported a loss of $35 million in its first quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Amedisys shares have decreased 11 percent since the beginning of the year.

  • TOKYO— Japan's largest drugmaker Takeda Pharmaceutical Co. said Wednesday it has agreed to pay up to $2.4 billion to thousands of patients and their families over its diabetes drug Actos which has been linked to cancer. The settlement will go into effect if 95 percent of the litigants agree to the deal, and the company would pay $2.37 billion.

  • Cleco posts 1Q profit Tuesday, 28 Apr 2015 | 6:48 PM ET

    PINEVILLE, La. _ Cleco Corp. on Tuesday reported first-quarter earnings of $26.9 million. On a per-share basis, the Pineville, Louisiana- based company said it had net income of 44 cents. Cleco shares have risen slightly since the beginning of the year.

  • MidSouth posts 1Q profit Tuesday, 28 Apr 2015 | 5:27 PM ET

    LAFAYETTE, La. _ MidSouth Bancorp Inc. on Tuesday reported first-quarter profit of $1.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON— A bipartisan bill to update regulation of harmful chemicals for the first time in nearly 40 years won approval from a Senate committee Tuesday, moving it closer to a vote in the full Senate. The Senate Environment and Public Works Committee approved the bill, 15-5. Four Democrats joined all 11 committee Republicans to support the bill, which would...

  • NEW ORLEANS— A federal judge has ruled oil spill cleanup workers who sue BP for medical problems that surface later in life have the right to make their case before a jury. The BP oil spill medical settlement reached in 2012 was set up to pay cleanup workers and others who experienced certain illnesses during the immediate aftermath of the April 2010 disaster.

  • Investar posts 1Q profit Tuesday, 28 Apr 2015 | 8:18 AM ET

    BATON ROUGE, La. _ Investar Holding Corp. on Tuesday reported net income of $2 million in its first quarter. The holding company for Investar Bank posted revenue of $10 million in the period. Investar shares have climbed 14 percent since the beginning of the year.