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DURHAM, N.C. _ Quintiles Transitional Holdings Inc. on Thursday reported fourth-quarter profit of $104.6 million. The Durham, North Carolina- based company said it had net income of 85 cents per share. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.
CHAPEL HILL, N.C. _ Investors Title Co. on Wednesday reported fourth-quarter earnings of $2.2 million. Investors Title shares have fallen 13 percent since the beginning of the year. Keywords: Investors Title, Earnings Report.
CHARLOTTE, N.C. _ Sealed Air Corp. on Wednesday reported fourth-quarter earnings of $123.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Sealed Air expects full-year earnings in the range of $2.52 to $2.60 per share, with revenue expected to be $6.8 billion.
WASHINGTON— Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy's growth and slow the pace of Fed interest rate hikes. She did concede, though, that negative rates, which central banks in Japan and Europe have recently imposed, are a tool the Fed has at least studied.
RALEIGH, N.C. _ Highwoods Properties Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations of 81 cents per share. Eight analysts surveyed by Zacks expected $169.7 million.
GREENSBORO, N.C. _ Tanger Factory Outlet Centers Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Greensboro, North Carolina, said it had funds from operations of $58.1 million, or 58 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research...
NEW YORK, Feb 9- Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/ 2- year lows hit last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weak equities also pressured prices. "The longs got out, the shorts jumped back in and there was possibly a whole lot of hedging by producers...
RALEIGH, N.C.— The country's largest electric company is being fined $6.6 million for environmental pollution related to a big spill of liquefied coal ash in 2014, North Carolina environmental regulators said Tuesday. The fine covers violations that Duke Energy admitted when it pleaded guilty to federal pollution crimes nine months ago and agreed to pay...
RALEIGH, N.C. _ Martin Marietta Materials Inc. on Tuesday reported fourth-quarter net income of $83.2 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share. Four analysts surveyed by Zacks expected $842.6 million.
CVS Health's fourth-quarter profit rose 13 percent, as acquisition gains helped the drugstore operator and pharmacy benefits manager meet Wall Street's earnings expectations. That deal, which closed last summer, gave CVS Health national reach in dispensing prescription drugs to assisted living and skilled nursing homes, long-term care facilities,...
All but Florida had accepted a Medicaid expansion that is one of two major pathways to coverage under President Barack Obama's health care law. GOP presidential candidates are vowing to repeal "Obamacare," while offering hardly any detail on how they'd replace it without millions losing coverage. They are Arizona, California, Colorado, Florida, Illinois,...
CHARLOTTE, N.C. _ Premier Inc. on Monday reported a loss of $54.4 million in its fiscal second quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Premier Inc. shares have decreased 15 percent since the beginning of the year.
*India, Philippines, Indonesia consider tax on sugary drinks. *British lawmakers debate issue, follows sugar tax in Mexico. Scandinavian countries have had such taxes, with varying degrees of success, for many years, and in 2012, France and Hungary joined the list, followed by Mexico in 2014..
EDEN, N.C.— Giant earthmoving machines beep and grind as they drop 17- ton scoops of coal ash and dirt into dozens of railroad cars lined up for two-thirds of a mile at a site along the Virginia- North Carolina border, where the country's largest electricity company was responsible for one of the worst spills of the toxic, liquefied waste in U.S. history.
DUNN, N.C. _ Select Bancorp Inc. on Friday reported fourth-quarter net income of $1.6 million. Select Bancorp shares have declined slightly since the beginning of the year. Keywords: Select Bancorp, Earnings Report.
LONDON, Feb 5- Zinc is the stand-out amid the general industrial metals gloom right now. It helps that big mines such as Century in Australia and Lisheen in Ireland have just reached the end of their natural lives. Now a new, largely unexpected, ingredient has been thrown into the supply mix in the form of Horsehead Holding's shuttering of its zinc plant in North...
Feb 5- Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate consolidation among lenders. Hedge funds such as Ancora Advisors, Clover Partners and Seidman& Associates are buying up stakes in lenders across the U.S., from community banks to large regional lenders.
MORRISVILLE, N.C. _ ChannelAdvisor Corp. on Thursday reported a loss of $680,000 in its fourth quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share. For the current quarter ending in April, ChannelAdvisor said it expects revenue in the range of $24.6 million to $25 million.
MORRISVILLE, N.C. _ SciQuest Inc. on Thursday reported fourth-quarter earnings of $1.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. For the current quarter ending in April, SciQuest expects its per-share earnings to range from 7 cents to 8 cents.
WINSTON-SALEM, N.C.— HanesBrands Inc. on Thursday posted worse-than-expected quarterly results and issued weak guidance, sending its shares down in extended trading. The average estimate of nine analysts surveyed by Zacks Investment Research was for adjusted earnings of 46 cents per share. Six analysts surveyed by Zacks expected $1.53 billion.