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  • Dollar General extends offer for Family Dollar Friday, 31 Oct 2014 | 12:32 PM ET

    NEW YORK— Dollar store operator Dollar General said Friday it is extending its $9.1 billion offer for competitor Family Dollar and disclosed that less than 4 percent of Family Dollar shareholders have supported its bid. Dollar General's bid is competing with a deal Family Dollar already made to be acquired by another rival, Dollar Tree. In July Dollar Tree...

  • Energy provider Dominion's 3Q profit falls 7 pct Friday, 31 Oct 2014 | 7:57 AM ET

    RICHMOND, Va.— Dominion Resources' third-quarter profit fell 7 percent as the energy provider spent heavily on the development of a third nuclear reactor at a Virginia facility and offshore wind operations. The Richmond company on Friday reported earnings of $529 million, or 90 cents per share, for the period ended Sept. 30, compared with $569 million, or 98 cents...

  • Gas falling under $3 nationwide: What to know Friday, 31 Oct 2014 | 4:18 AM ET

    NEW YORK— The sight is so surprising that Americans are sharing photos of it, along with all those cute Halloween costumes, sweeping vistas and special meals: The gas station sign, with a price of $2- something a gallon. "It's stunning what's happening here," says Tom Kloza, chief oil analyst at the Oil Price Information Service. When the national average crossed above...

  • Gas ready to drop below $3 for 1st time in 4 years Friday, 31 Oct 2014 | 4:16 AM ET

    NEW YORK— The average price of gasoline in the U.S. hit $3 a gallon Friday, and should soon drop below the benchmark for the first time since December 2010. Drivers in South Carolina and Tennessee are paying the lowest prices, with an average of $2.75 a gallon. Drivers in New York are paying the most in the continental U.S., at an average of $3.37.

  • Rivals gear up for next round of Tenn. whiskey war Thursday, 30 Oct 2014 | 5:43 PM ET

    Jack Daniel's master distiller Jeff Arnett on Thursday urged state lawmakers to stick with the state law enacted in 2013 that required any product labeled as Tennessee whiskey to be made from 51 percent corn, aged in new charred oak barrels, filtered through maple charcoal and bottled at a minimum of 80 proof. Jack Daniel's is owned by Louisville, Kentucky- based...

  • Eastman Chemical tops 3Q profit forecasts Thursday, 30 Oct 2014 | 5:31 PM ET

    KINGSPORT, Tenn. _ Eastman Chemical Co. on Thursday reported third-quarter profit of $210 million. Eastman Chemical expects full-year earnings to be 70 cents per share. Eastman Chemical shares have decreased 6 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 8 percent.

  • Carla Hall hits Kickstarter goal to open eatery Thursday, 30 Oct 2014 | 10:02 AM ET

    Carla Hall had two conditions for opening her first restaurant: The menu had to be Nashville hot chicken and the money had to be crowdsourced. The co-host of ABC's daytime food fest "The Chew" says it took years for friends and family to convince her to open her own eatery— "Restaurants are like a money pit," she says. In late September she launched a Kickstarter campaign...

  • Rural Tennessee museum a success in first year Thursday, 30 Oct 2014 | 10:01 AM ET

    School groups and repeat visitors attracted by fun, educational exhibits have led attendance figures to blow past expectations for this one-of-a-kind museum located in Union City, Tennessee, a town of 11,000 located a few hours' drive from Memphis, Nashville and St. Louis. Discovery Park CEO Jim Rippy said attendance could hit 300,000 by the end of this calendar...

  • Mid-America Apartment Communities reports 3Q results Thursday, 30 Oct 2014 | 5:03 AM ET

    MEMPHIS, Tenn. _ Mid-America Apartment Communities Inc. on Thursday reported a key measure of profitability in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of $1.22 per share. Mid-America Apartment Communities expects full-year funds from operations in the range of $4.87 to $4.99...

  • For-profit programs face 'gainful employment' rule Thursday, 30 Oct 2014 | 12:02 AM ET

    WASHINGTON— For-profit colleges with graduates unable to pay back their student loans could soon face scrutiny by the federal government. The Education Department estimates that about 1,400 programs serving 840,000 students won't pass. Ninety-nine percent of these programs are offered by for-profit schools, although affected career training programs...

  • CBL reports 3Q results Wednesday, 29 Oct 2014 | 7:18 PM ET

    CHATTANOOGA, Tenn. _ CBL& Associates Properties Inc. on Wednesday reported a key measure of profitability in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 54 cents per share. Analysts expected $249.4 million, according to Zacks.

  • Acadia Healthcare beats Street 3Q forecasts Wednesday, 29 Oct 2014 | 6:39 PM ET

    FRANKLIN, Tenn. _ Acadia Healthcare Co. on Wednesday reported net income of $25.4 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Acadia Healthcare expects full-year earnings in the range of $1.52 to $1.53 per share.

  • Unum misses 3Q profit forecasts Wednesday, 29 Oct 2014 | 5:07 PM ET

    CHATTANOOGA, Tenn. _ Unum Group on Wednesday reported earnings of $221.1 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share. Unum shares have declined 1.5 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 7 percent.

  • Dixie Group posts 3Q loss Wednesday, 29 Oct 2014 | 9:52 AM ET

    CHATTANOOGA, Tenn. _ The Dixie Group Inc. on Wednesday reported a loss of $185,000 in its third quarter. On a per-share basis, the Chattanooga, Tennessee- based company said it had a loss of 1 cent. Dixie Group shares have decreased 37 percent since the beginning of the year.

  • Oct 28- J. Alexander's Holdings Inc, a casual-dining chain operator backed by Fidelity National Financial Inc, filed with U.S. regulators on Tuesday for an initial public offering of its common shares. J. Alexander's will join the list of casual dining chains, including El Pollo Loco Holdings Inc and Zoe's Kitchen Inc, that have listed this year.

  • Regal shares jump on talk of sale Tuesday, 28 Oct 2014 | 12:28 PM ET

    Regal Entertainment Group shares soared Tuesday after the movie theater chain said that it is considering a possible sale. Janney Capital Markets analyst Tony Wible said in a research note that the company's strong predictable cash flow and strong box office outlook may appeal to strategic or financial buyers. Cinemark Holdings Inc. shares increased 2...

  • Oct 28- HCA Holdings Inc, the largest U.S. hospital operator, on Tuesday announced a deal to acquire a Dallas- based provider of urgent-care services and said its board authorized the repurchase of up to $1 billion of its outstanding shares. HCA said its third-quarter net income rose to $518 million, or $1.16 a share, compared with $365 million, or 79 cents a share, a...

  • HCA tops Street 3Q forecasts Tuesday, 28 Oct 2014 | 8:37 AM ET

    NASHVILLE, Tenn.— HCA Holdings Inc. on Tuesday reported third-quarter earnings of $518 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share. Analysts expected $9.18 billion, according to Zacks.

  • Regal Entertainment misses Street 3Q forecasts Monday, 27 Oct 2014 | 5:49 PM ET

    KNOXVILLE, Tenn. _ Regal Entertainment Group on Monday reported third-quarter profit of $26.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Analysts expected $726.5 million, according to Zacks.

  • Lawmaker: New York jail heath care needs oversight Monday, 27 Oct 2014 | 4:49 PM ET

    NEW YORK— A city councilman on Monday said he will hold an oversight hearing this year to examine health care services at Rikers Island and other city jails, where documents obtained by The Associated Press raised troubling questions about quality and timeliness of care in more than a dozen inmate deaths since 2009.. Council health committee chairman Corey...