Top News & Analysis Phoenix

  • 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...

  • Cavco posts 3Q profit Thursday, 28 Jan 2016 | 5:05 PM ET

    PHOENIX _ Cavco Industries Inc. on Thursday reported fiscal third-quarter net income of $8.1 million. The Phoenix- based company said it had profit of 89 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Walgreens has told blood-testing startup Theranos to stop sending samples collected at the drugstore chain's stores to a testing facility that drew regulatory scrutiny over possible patient risks. The decision only affects 40 stores in Arizona and a Palo Alto, California, store, where Walgreens has suspended Theranos laboratory services.

  • 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...

  • Avnet misses Street 2Q forecasts Thursday, 28 Jan 2016 | 9:05 AM ET

    PHOENIX _ Avnet Inc. on Thursday reported fiscal second-quarter profit of $156 million. For the current quarter ending in April, Avnet expects its per-share earnings to range from 93 cents to $1.03. Avnet expects full-year earnings to be $2.34 per share.

  • 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...

  • BOSTON— A lawyer for a Chinese national who supplied Iran with U.S.-made devices that can be used to convert uranium for nuclear weapons is criticizing the U.S. government for dropping charges against his Iranian co-defendant as part of a breakthrough U.S.- Iran deal. The criticism was leveled Wednesday during a sentencing hearing for Sihai Cheng, who...

  • Knight Transportation tops 4Q profit forecasts Wednesday, 27 Jan 2016 | 4:13 PM ET

    PHOENIX _ Knight Transportation Inc. on Wednesday reported fourth-quarter profit of $29.2 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Knight Transportation shares have decreased almost 2 percent since the beginning of the year.

  • WASHINGTON— Few neighborhoods can match the perks of Adams Morgan in Washington, D.C.— a reality that reflects a broader problem for the U.S. housing market. And many of those neighborhoods exist in only two cities: Washington and Seattle, according to a new analysis released Wednesday by the real estate brokerage Redfin. Some cities, such as Baltimore, Boston and...

  • BOSTON— A lawyer for a Chinese national who supplied Iran with U.S.-made devices that can be used to convert uranium for nuclear weapons is criticizing the U.S. government for dropping charges against his Iranian co-defendant as part of a breakthrough U.S.- Iran deal. The criticism was leveled Wednesday during a sentencing hearing for Sihai Cheng, who...

  • *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...

  • Freeport-McMoran reports 4Q loss Tuesday, 26 Jan 2016 | 8:09 AM ET

    PHOENIX— Falling oil and commodities prices led Freeport-McMoran Copper& Gold Inc. to report a loss of $4.08 billion in its fourth quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. The mining company posted revenue of $3.8 billion in the period, which was short of the $4 billion expected by...

  • CHICAGO— A federal jury convicted a former Chicago transportation official on Tuesday for taking bribes to steer $100 million in red-light camera contracts to a Phoenix company. The Chicago man faces a maximum combined sentence of 304 years in prison when sentenced on May 5. During closing arguments on Monday, Sanan told jurors the money actually went to "...

  • *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...

  • Swift Transportation beats 4Q profit forecasts Monday, 25 Jan 2016 | 4:27 PM ET

    PHOENIX _ Swift Transportation Co. on Monday reported fourth-quarter profit of $72.5 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Swift Transportation shares have declined 1 percent since the beginning of the year.