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  • The company has been investing heavily to expand its reach and recently added Philadelphia, Washington D.C. and San Francisco to its network, which is present in 900 U.S. cities. The company forecast first-quarter revenue of $109 million- $112 million. The company's net income rose to $11.3 million in the fourth quarter ended Dec. 31, from $10.8 million a year...

  • Feb 4- Real estate investment trust Hersha Hospitality Trust said it would sell seven hotels in Manhattan for $571.4 million to a joint venture it is setting up with China's Cindat Capital Management Ltd.. The hotels include the Holiday Inn Express Times Square, the Candlewood Suites Times Square, the Hampton Inn Chelsea and the Holiday Inn Wall Street.

  • Carpenter meets 2Q profit forecasts Thursday, 4 Feb 2016 | 8:34 AM ET

    WYOMISSING, Pa. _ Carpenter Technology Corp. on Thursday reported fiscal second-quarter profit of $11.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 24 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Beneficial Mutual posts 4Q profit Thursday, 4 Feb 2016 | 8:09 AM ET

    PHILADELPHIA _ Beneficial Mutual Bancorp Inc. on Thursday reported fourth-quarter profit of $4.8 million. The Philadelphia- based bank said it had earnings of 6 cents per share. For the year, the company reported profit of $22.9 million, or 29 cents per share.

  • PPL meets 4Q profit forecasts Thursday, 4 Feb 2016 | 7:35 AM ET

    ALLENTOWN, Pa. _ PPL Corp. on Thursday reported fourth-quarter earnings of $399 million. On a per-share basis, the Allentown, Pennsylvania- based company said it had net income of 59 cents. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 43 cents per share.

  • TRENTON, N.J.— AmerisourceBergen Corp. swung to a profit in its fiscal first quarter, thanks to a huge income tax benefit. A $541 million tax benefit enabled the company to post net income of $330.4 million, or $1.46 per share, in the October-December quarter. In the same period in 2014, the company reported a loss of $200 million, or 90 cents per share.

  • EQT reports 4Q loss Thursday, 4 Feb 2016 | 6:47 AM ET

    PITTSBURGH _ EQT Corp. on Thursday reported a loss of $134.6 million in its fourth quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. Four analysts surveyed by Zacks expected $483.8 million.

  • CHICAGO, Feb 4- Punxsutawney Phil may have blown it this year with his prediction of an early spring in the United States. The legend is that if the Pennsylvania groundhog sees his shadow upon emerging from his burrow each Feb. 2, Americans can expect six more weeks of winter. He did not see his shadow on Tuesday, suggesting that winter is soon to be over.

  • BOSTON— Mary Fiumara, best known as the mother who called for her son to come home for dinner in a classic Prince pasta television commercial of the 1960 s, has died at age 88.. from an open window of her apartment in Boston's North End neighborhood in the iconic TV spot. Martigetti told The Boston Globe that Fiumara was "a legend" in the neighborhood and that the...

  • OraSure posts 4Q profit Wednesday, 3 Feb 2016 | 6:25 PM ET

    BETHLEHEM, Pa. _ OraSure Technologies Inc. on Wednesday reported fourth-quarter net income of $4.6 million, after reporting a loss in the same period a year earlier. OraSure shares have declined 15 percent since the beginning of the year. Keywords: OraSure Technologies, Earnings Report.

  • Crown tops 4Q profit forecasts Wednesday, 3 Feb 2016 | 6:17 PM ET

    PHILADELPHIA _ Crown Holdings Inc. on Wednesday reported fourth-quarter net income of $66 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Five analysts surveyed by Zacks expected $2.13 billion.

  • Lannett meets 2Q profit forecasts Wednesday, 3 Feb 2016 | 5:21 PM ET

    PHILADELPHIA _ Lannett Co. on Wednesday reported fiscal second-quarter profit of $13.5 million. Lannett expects full-year revenue in the range of $585 million to $595 million. Lannett shares have dropped 39 percent since the beginning of the year.

  • Lincoln National misses 4Q profit forecasts Wednesday, 3 Feb 2016 | 4:37 PM ET

    RADNOR, Pa. _ Lincoln National Corp. on Wednesday reported fourth-quarter earnings of $283 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share. Lincoln National shares have declined 25 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased slightly more...

  • *Yields end higher as oil, stock prices gain. NEW YORK, Feb 3- U.S. The move capped a volatile day that saw benchmark 10- year note yields plunge below technical resistance to a low of 1.7930 percent, the lowest since Feb. 5, 2015, before rising back to 1.883 percent.

  • Lawmakers seek $1 billion for struggling coal states Wednesday, 3 Feb 2016 | 2:53 PM ET

    Hal Rogers, chairman of the House Appropriations Committee and one of the bill's sponsors, said the measure has bipartisan support and was crafted with help from the White House. The $1 billion taken from the Abandoned Mine Reclamation Fund would be used for economic development— tourism, infrastructure, new business— on or near sites that have been deemed...

  • NEW YORK, Feb 3- Activity in the vast U.S. services sector slowed to a near two-year low in January, suggesting that economic growth weakened further at the start of the first quarter even as the labor market remains resilient. "The slowdown in the services sector indicators may go a long way in fanning fears of a more pronounced slowdown to U.S. growth momentum...

  • NEW YORK, Feb 3- Comcast Corp posted better-than-expected fourth-quarter revenue and added the most video customers in any quarter in eight years, even as viewers gravitate toward online offerings. The largest U.S. cable operator and the No. 1 U.S. high-speed Internet provider said on Wednesday it also raised its annual dividend by 10 percent to $1.10 per share...

  • Lawmakers propose bill to privatize air traffic control Wednesday, 3 Feb 2016 | 11:31 AM ET

    WASHINGTON— Responsibility for the nation's air traffic control operations would shift from the government to a private, nonprofit corporation under legislation introduced Wednesday as part of an overhaul of how Washington oversees the aviation system. The measure extends for six years the authority of the Federal Aviation Administration and...

  • WASHINGTON, Feb 3- Republican leaders of a U.S. House of Representatives transportation panel introduced a measure on Wednesday that would privatize the national air traffic control system, placing it under a private nonprofit group run by a range of stakeholders including airlines. The measure, long-anticipated and controversial, was in a bill to authorize...

  • *Ten-year note yields lowest since Feb 2015. NEW YORK, Feb 3- U.S. The Institute for Supply Management said its index of non-manufacturing activity fell to 53.5 from 55.8 the month before.