Top News & Analysis Phoenix

  • GLENDALE, Ariz.— Police: 2 students, both 15- year-old girls, killed in shooting at Phoenix- area high school.

  • Republic Services tops 4Q profit forecasts Thursday, 11 Feb 2016 | 4:29 PM ET

    PHOENIX _ Republic Services Inc. on Thursday reported fourth-quarter net income of $172.3 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Republic Services expects full-year earnings in the range of $2.13 to $2.17 per share.

  • *Recommendation linked to payment of 5 pct export tax. JAKARTA, Feb 9- Indonesia's mining ministry on Tuesday recommended that Freeport McMoRan Inc receive a new six-month copper export permit, potentially ending a near two-week stoppage after the previous permit expired last month. Freeport was forced to halt overseas shipments from one of the world's...

  • Apollo Education to go private in $1.1B deal Monday, 8 Feb 2016 | 7:33 AM ET

    NEW YORK— Apollo Education is being taken private in a $1.1 billion deal by a consortium led by private investment firm The Vistria Group. Apollo Education has had several lackluster quarters as enrollments at for-profit schools fall amid increased government scrutiny of the industry. Shareholders of Apollo Education Group Inc. will receive $9.50 per...

  • PHOENIX— Arizona residents are one step closer to getting a tax credit for attending a firearms safety class after Republican lawmakers passed a measure offering a dollar-for-dollar credit for concealed-carry permit holders Monday. House Majority Leader Steve Montenegro, R- Litchfield Park, sponsored the bill to create a tax credit up to $80 for people who...

  • MARICOPA, Ariz.— A former president of a major aircraft manufacturer was one of the two people killed after their World War II-era plane crashed and burned near the town of Maricopa. Pilot Jeffrey Pino, 61, was formerly the president of Sikorsky Aircraft, a Connecticut- based aircraft manufacturer. The second victim was identified as 72- year-old Nickolas...

  • Mobile Mini tops 4Q profit forecasts Friday, 5 Feb 2016 | 7:47 AM ET

    PHOENIX _ Mobile Mini Inc. on Friday reported fourth-quarter profit of $9.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Mobile Mini shares have fallen 17 percent since the beginning of the year.

  • Viad reports 4Q loss Thursday, 4 Feb 2016 | 5:01 PM ET

    PHOENIX _ Viad Corp. on Thursday reported a loss of $957,000 in its fourth quarter. For the current quarter ending in April, Viad expects its results to range from a loss of 33 cents per share to a loss of 23 cents per share. Viad shares have declined almost 2 percent since the beginning of the year.

  • *Freeport copper export licence expired Thursday. *Freeport says "everything is normal" at massive mine. Asked if overseas shipments had ceased, a Freeport spokesman said "everything is normal", without elaborating.

  • *Freeport copper export licence expired Thursday. JAKARTA, Jan 29- Indonesia has not yet issued a new copper export permit to the local unit of U.S. mining giant Freeport McMoRan Inc, government officials said on Friday, but talks on the issue are expected to continue later in the day. Freeport's six-month licence to export copper concentrate expired on Thursday...

  • JAKARTA, Jan 28- Indonesia's government and Freeport McMoRan Inc on Thursday failed to reach a deal on extending the U.S. mining giant's six-month export permit, potentially halting shipments from Indonesia's massive Grasberg copper and gold mine. Freeport's six-month export permit for its Indonesian unit expired on Thursday but it was still unclear how...

  • JAKARTA, Jan 28- Indonesia's government and Freeport McMoRan Inc are meeting on Thursday in last-ditch talks to prevent a halt in exports of copper concentrate from the U.S. mining giant's massive Grasberg mine in the province of Papua. "There has been no information whatsoever from Freeport that states whether they are able to pay or not," Mohammad Hidayat, the...

  • *Govt demands Freeport pay $530 million smelter deposit. *Freeport says requirement is "inconsistent" with 2014 deal. Indonesia's government has said the U.S. mining giant must provide a $530 million deposit by Thursday to prevent a possible halt in copper concentrate exports from its massive Grasberg mine in the province of Papua.

  • The Phoenix, Arizona- based company said it was looking to advance the sale of interests in certain mining assets to help reduce its debt, which stood at $20.43 billion at the end of December, nearly four times its market value of about $5 billion. The company's average realized price for copper in the quarter fell to $2.18 a pound, from $2.95 in the same period last...

  • Jan 26- Diversified U.S. miner and oil producer Freeport-McMoRan Inc reported a bigger fourth-quarter loss, squeezed by plunging commodity prices and flagging Chinese demand. The Phoenix, Arizona- based company, which is under pressure from activist investor Carl Icahn, said its quarterly net loss attributable to common stock was $4.08 billion, or $3.47 per...

  • *Govt wants Freeport to pay $530 mln smelter deposit. Freeport, which has seen its stock plummet over 70 percent in the last three months as commodity markets plunge, could be forced to halt exports from its massive Grasberg copper and gold mine in Papua if it fails to meet government obligations. Freeport executives are expected to discuss the issue with the...

  • JAKARTA, Jan 20- Indonesia will reach a decision on whether to accept Freeport McMoRan Inc's $1.7 billion divestment price for its unit in the country by the end of the first quarter, a mines ministry official said on Wednesday. Under agreements reached in 2014, the U.S. mining giant must sell the government a greater share of the Grasberg copper and gold mine in...

  • Apollo Global in talks to buy Apollo Education Tuesday, 12 Jan 2016 | 6:05 AM ET
    A student walks to the main building of the University of Phoenix, part of Apollo Group Inc., in Phoenix, Arizona.

    Apollo Global Management is in advanced talks to buy for-profit education provider Apollo Education, a source familiar with the matter said on Monday.

  • The deal, which could be worth about $1 billion, was first reported by the Wall Street Journal on Monday. Apollo Education, the owner of the University of Phoenix, said earlier Monday that it was considering selling itself after years of declining enrollments but provided no details. Stricter funding rules from the U.S. Department of Education have also squeezed...

  • Jan 11- Private equity firm Apollo Global Management LLC is in advanced talks to buy for-profit education provider Apollo Education Group Inc for about $1 billion, the Wall Street Journal reported, citing people familiar with the matter. The owner of the University of Phoenix said earlier on Monday it was considering selling itself, after years of declining...