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  • 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...

  • VW chairman quits, but questions over future remain Monday, 27 Apr 2015 | 12:05 PM ET

    FRANKFURT, Germany— Volkswagen's patriarch has left the building. Ferdinand Piech shaped the company's destiny for more than 25 years. Piech had criticized CEO Martin Winterkorn in an interview with Germany's Der Spiegel magazine, saying he was "at a distance" from him.

  • NEW YORK, April 27- A measure of equity markets worldwide hit record highs on Monday as optimism over Greece supported European stocks while U.S. shares added to last week's gains ahead of Apple results and a Federal Reserve policy meeting. MSCI's all-country world stock index, which tracks shares in 45 countries, extended a multi-year rally to a fresh record...

  • High court to consider lawsuits over personal data Monday, 27 Apr 2015 | 9:39 AM ET

    WASHINGTON— The Supreme Court said Monday it will decide whether websites and other firms that collect personal data can be sued for publishing inaccurate information even if the mistakes don't cause any actual harm. Thomas Robins, a Virginia resident, sued Spokeo after viewing a profile on him that was riddled with errors. But the 9th U.S. Circuit Court of...

  • COLUMN-Financial records: What to keep, what to toss Monday, 27 Apr 2015 | 8:00 AM ET

    LOS ANGELES, April 27- I don't make New Year's resolutions. Kelley Long, a Chicago CPA and personal financial specialist, tries to generate as little paperwork as possible, opting for electronic records instead. "The IRS accepts electronic records," said Long, resident financial adviser with Financial Finesse in Chicago.

  • LONDON— There is still time to save lives— that's why governments and aid agencies Sunday rushed doctors, volunteers and equipment to Nepal without waiting for the dust to settle. U.N. spokeswoman Orla Fagan, who is heading to Nepal, said preventing the spread of disease is one of the most important tasks facing aid workers who are arriving. They will use military...

  • Starbucks stores reopen Saturday after computer glitch Saturday, 25 Apr 2015 | 12:30 AM ET

    SEATTLE— Starbucks was back in business Saturday after a computer outage forced thousands of its stores to close early the night before. The glitch affected registers at 7,400 company-operated stores in the U.S. and 1,000 in Canada, and prompted some stores to give away drinks. "All Starbucks stores in the U.S. and Canada are expected to open for business as usual...

  • Eastern Virginia Bankshares posts 1Q profit Friday, 24 Apr 2015 | 11:36 AM ET

    TAPPAHANNOCK, Va. _ Eastern Virginia Bankshares Inc. on Friday reported first-quarter earnings of $1.6 million. Eastern Virginia Bankshares shares have fallen slightly more than 5 percent since the beginning of the year. Keywords: Eastern Virginia Bankshares, Earnings Report.

  • Valley Financial posts 1Q profit Friday, 24 Apr 2015 | 8:39 AM ET

    ROANOKE, Va. _ Valley Financial Corp. on Friday reported first-quarter net income of $1.9 million. Valley Financial shares have increased 3.5 percent since the beginning of the year. Keywords: Valley Financial, Earnings Report.

  • WashingtonFirst posts 1Q profit Thursday, 23 Apr 2015 | 6:18 PM ET

    RESTON, Va. _ WashingtonFirst Bankshares Inc. on Thursday reported first-quarter net income of $2.8 million. The bank, based in Reston, Virginia, said it had earnings of 28 cents per share. Keywords: WashingtonFirst Bankshares, Earnings Report.

  • American National Bankshares posts 1Q profit Thursday, 23 Apr 2015 | 5:45 PM ET

    DANVILLE, Va. _ American National Bankshares Inc. on Thursday reported first-quarter net income of $3.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 40 cents per share. American National Bankshares shares have fallen 12 percent since the beginning of the year.

  • National Bankshares posts 1Q profit Thursday, 23 Apr 2015 | 5:06 PM ET

    BLACKSBURG, Va. _ National Bankshares Inc. on Thursday reported first-quarter earnings of $4 million. National Bankshares shares have fallen almost 3 percent since the beginning of the year. Keywords: National Bankshares, Earnings Report.