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  • MeadWestvaco meets 1Q profit forecasts Wednesday, 29 Apr 2015 | 7:48 AM ET

    RICHMOND, Va. _ MeadWestvaco Corp. on Wednesday reported first-quarter profit of $31 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 27 cents per share. MeadWestvaco shares have climbed 6 percent since the beginning of the year, while the Standard& Poor's 500 index has risen roughly 3 percent.

  • General Dynamics tops Street 1Q forecasts Wednesday, 29 Apr 2015 | 7:36 AM ET

    FALLS CHURCH, Va. _ General Dynamics Corp. on Wednesday reported first-quarter profit of $716 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.94 per share. General Dynamics shares have declined 3 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 3 percent.

  • Northrop Grumman 1Q results beat analysts' expectations Wednesday, 29 Apr 2015 | 7:21 AM ET

    FALLS CHURCH, Va.— Northrop Grumman's first-quarter profit fell as expenses climbed. Northrop Grumman's general and administrative expenses increased in the quarter, as did its federal and foreign income tax expense. Northrop Grumman Corp. said Wednesday it now anticipates full-year earnings in a range of $9.40 to $9.60 per share.

  • US seeks criminal charges against Lumber Liquidators Wednesday, 29 Apr 2015 | 7:03 AM ET

    TOANO, Virginia— The Justice Department is seeking criminal charges against Lumber Liquidators in an ongoing investigation over imported products. In March a report on CBS' "60 Minutes" said that Lumber Liquidators' laminate flooring made in China contains high levels of formaldehyde. In a regulatory filing Wednesday, Lumber Liquidators said that the Justice...

  • April 29- Hilton Worldwide Holdings Inc, owner of Waldorf Astoria and Conrad brands of hotels, reported higher-than-expected quarterly revenue, helped by higher room rates and increased occupancy. Net income attributable to shareholders rose to $150 million, or 15 cents per share, from $123 million, or 12 cents per share. Analysts on average expected a profit of...

  • Hilton meets 1Q profit forecasts Wednesday, 29 Apr 2015 | 6:21 AM ET

    MCLEAN, Va.— Hilton Worldwide Holdings Inc. on Wednesday reported first-quarter net income of $150 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 12 cents per share. Six analysts surveyed by Zacks expected $2.49 billion.

  • US seeks criminal charges against Lumber Liquidators Wednesday, 29 Apr 2015 | 6:15 AM ET

    TOANO, Va.— The Justice Department is seeking criminal charges against Lumber Liquidators in an ongoing investigation over imported products. In early March a report on CBS' "60 Minutes" said that Lumber Liquidators' laminate flooring made in China contains high levels of formaldehyde, a carcinogen. In a regulatory filing Wednesday, Lumber Liquidators said that...

  • Corporate Executive Board posts 1Q profit Tuesday, 28 Apr 2015 | 5:57 PM ET

    ARLINGTON, Va. _ The Corporate Executive Board Co. on Tuesday reported first-quarter net income of $19.1 million. Corporate Executive Board expects full-year revenue in the range of $944 million to $969 million. Corporate Executive Board shares have climbed 18 percent since the beginning of the year.

  • Genworth Financial beats 1Q profit forecasts Tuesday, 28 Apr 2015 | 5:39 PM ET

    RICHMOND, Va. _ Genworth Financial Inc. on Tuesday reported first-quarter profit of $154 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Genworth Financial shares have declined 6 percent since the beginning of the year, while the Standard& Poor's 500 index has risen roughly 3 percent.

  • MicroStrategy posts 1Q profit Tuesday, 28 Apr 2015 | 5:00 PM ET

    TYSONS CORNER, Va. _ MicroStrategy Inc. on Tuesday reported first-quarter net income of $20.5 million, after reporting a loss in the same period a year earlier. The Tysons Corner, Virginia- based company said it had profit of $1.79 per share. MicroStrategy shares have risen 4.5 percent since the beginning of the year.

  • First Community Bancshares posts 1Q profit Tuesday, 28 Apr 2015 | 9:03 AM ET

    BLUEFIELD, Va. _ First Community Bancshares Inc. on Tuesday reported first-quarter net income of $6 million. First Community Bancshares shares have climbed roughly 2 percent since the beginning of the year. Keywords: First Community Bancshares, Earnings Report.

  • K12 tops Street 3Q forecasts Tuesday, 28 Apr 2015 | 8:21 AM ET

    HERNDON, Va. _ K12 Inc. on Tuesday reported fiscal third-quarter net income of $17 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Three analysts surveyed by Zacks expected $239.2 million.

  • B-29 Superfortress dropped the atomic bomb on Hiroshima 70 years ago this summer, none knew the four-engine bomber better than Capt. On Wednesday, two of his wartime flight log books, Hiroshima bombing plans, mission notes and other items are up for sale during an auction of World War II material being held at Bonhams in Manhattan. "He wrote down everything and he...

  • Arlington Asset Investment posts 1Q loss Monday, 27 Apr 2015 | 5:42 PM ET

    ARLINGTON, Va. _ Arlington Asset Investment Corp. on Monday reported a first-quarter loss of $42.2 million, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share. Arlington Asset Investment shares have dropped 12 percent since the beginning...

  • Owens & Minor meets 1Q profit forecasts Monday, 27 Apr 2015 | 5:36 PM ET

    MECHANICSVILLE, Va. _ Owens& Minor Inc. on Monday reported first-quarter earnings of $18.9 million. Owens& Minor expects full-year earnings in the range of $1.90 to $1.95 per share. Owens& Minor shares have declined nearly 5 percent since the beginning of the year.

  • WASHINGTON— Reports about a Senate cafeteria worker who makes so little money he is homeless are prompting calls for change from Democrats on Capitol Hill. Lawmakers led by the No. 2 Senate Democrat, Dick Durbin of Illinois, released a letter Monday urging the Senate Rules Committee, which oversees Senate services, to provide a preference to contractors that pay...

  • AvalonBay reports 1Q results Monday, 27 Apr 2015 | 4:33 PM ET

    ARLINGTON, Va. _ AvalonBay Communities Inc. on Monday reported a key measure of profitability in its first quarter. The average estimate of 13 analysts surveyed by Zacks Investment Research was for funds from operations of $1.83 per share. Six analysts surveyed by Zacks expected $439.1 million.

  • *Euro gains on Greece optimism. NEW YORK, April 27- Wall Street fell modestly on Monday following healthcare stocks, but European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team. Concerns over Greece have mounted since the country looks set to run out of cash in coming weeks.

  • Agriculture Secretary Tom Vilsack on Monday asked China to drop a ban on imports of U.S. poultry imposed because of an outbreak of bird flu in chickens and turkeys. The United States wants China to limit trade only from states or regions that have had cases of the flu, which is deadly to poultry, Vilsack told reporters. Cases of avian flu prompted China and South...

  • JACKSON, Miss.— A Chicago bankruptcy judge has blessed plans to dismantle the former casino at the shuttered Harrah's complex in Mississippi's Tunica County. It's one facet of a massive bankruptcy case involving Caesars Entertainment Corp. and its attempt to restructure or shed almost $20 billion in debt. The board collects $3.65 million yearly from a port...