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Top News & Analysis Tennessee

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  • Ted Cruz for harshly criticizing Majority Leader Mitch McConnell, an extraordinary display of intraparty division played out live on the Senate floor. The drama came as the Senate defeated a procedural vote to repeal President Barack Obama's health care law and took a step toward reviving the federal Export-Import Bank, both amendments on a must-pass...

  • Ruby Tuesday posts 4Q profit Thursday, 23 Jul 2015 | 6:33 PM ET

    MARYVILLE, Tenn. _ Ruby Tuesday Inc. on Thursday reported fiscal fourth-quarter net income of $4.3 million, after reporting a loss in the same period a year earlier. Ruby Tuesday expects full-year earnings in the range of 12 cents to 17 cents per share. Ruby Tuesday shares have dropped 10 percent since the beginning of the year.

  • Avenue Financial posts 2Q profit Thursday, 23 Jul 2015 | 5:33 PM ET

    NASHVILLE, Tenn. _ Avenue Financial Holdings Inc. on Thursday reported second-quarter net income of $1.6 million. The holding company for Avenue Bank posted revenue of $10 million in the period. Keywords: Avenue Financial Holdings, Earnings Report.

  • Healthways beats Street 2Q forecasts Thursday, 23 Jul 2015 | 5:18 PM ET

    FRANKLIN, Tenn. _ Healthways Inc. on Thursday reported second-quarter net income of $420,000, after reporting a loss in the same period a year earlier. Healthways expects full-year earnings in the range of 7 cents to 15 cents per share, with revenue in the range of $770 million to $785 million. Healthways shares have fallen 39 percent since the beginning of the...

  • LONGVIEW, Texas— The biggest shipment ever received at the Port of Caddo- Bossier in Louisiana has reached its destination— a chemical plant in East Texas. An official with Eastman Chemical Company says the 303- ton piece of equipment arrived Thursday afternoon in Longview. The unit was made in Asia and hauled by barge from the Port of New Orleans to Shreveport, via...

  • SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first public...

  • House approves bill to tweak coal ash standards Wednesday, 22 Jul 2015 | 6:54 PM ET

    David McKinley, R- W.Va., said it was needed because the EPA rule leaves open the possibility that coal ash could be designated as hazardous, creating uncertainty for industry. The White House said in its veto threat that the House bill would undermine public health and environmental protections provided by the EPA rule. The EPA rule "articulates clear and...

  • Tractor Supply meets 2Q profit forecasts Wednesday, 22 Jul 2015 | 4:33 PM ET

    BRENTWOOD, Tenn. _ Tractor Supply Co. on Wednesday reported second-quarter net income of $153.3 million. Tractor Supply expects full-year earnings to be $3 to $3.08 per share, with revenue in the range of $6.25 billion to $6.33 billion. Tractor Supply shares have risen 20 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed...

  • Higher minimum-wage proposals gain ground on both coasts Wednesday, 22 Jul 2015 | 12:33 PM ET

    SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country Wednesday, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first...

  • Noranda reports 2Q loss Wednesday, 22 Jul 2015 | 7:12 AM ET

    FRANKLIN, Tenn. _ Noranda Aluminum Holding Corp. on Wednesday reported a loss of $25.4 million in its second quarter. On a per-share basis, the Franklin, Tennessee- based company said it had a loss of 37 cents. Keywords: Noranda Aluminum, Earnings Report.

  • Pinnacle Financial beats 2Q profit forecasts Tuesday, 21 Jul 2015 | 5:39 PM ET

    NASHVILLE, Tenn. _ Pinnacle Financial Partners Inc. on Tuesday reported second-quarter net income of $22.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Pinnacle Financial shares have increased 39 percent since the beginning of the year.

  • Forward Air misses Street 2Q forecasts Tuesday, 21 Jul 2015 | 4:27 PM ET

    GREENEVILLE, Tenn. _ Forward Air Corp. on Tuesday reported second-quarter earnings of $11.8 million. For the current quarter ending in September, Forward Air expects its per-share earnings to range from 58 cents to 62 cents. Forward Air shares have climbed almost 3 percent since the beginning of the year.

  • NEWARK, N.J.— Republican presidential candidate Donald Trump is ordering that the flags on his U.S. properties lowered to honor the five service members killed in last week's shooting in Chattanooga, Tennessee. John McCain's reputation as a war hero for his service in Vietnam. His campaign released a statement Tuesday criticizing President Barack Obama for...

  • Astec Industries misses Street 2Q forecasts Tuesday, 21 Jul 2015 | 7:39 AM ET

    CHATTANOOGA, Tenn. _ Astec Industries Inc. on Tuesday reported second-quarter net income of $11.8 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. Astec Industries shares have climbed 5.5 percent since the beginning of the year.

  • Mueller Industries posts 2Q profit Tuesday, 21 Jul 2015 | 7:27 AM ET

    MEMPHIS, Tenn. _ Mueller Industries Inc. on Tuesday reported second-quarter earnings of $33.7 million. Mueller Industries shares have risen nearly 1 percent since the beginning of the year. Keywords: Mueller Industries, Earnings Report.

  • Invoking Iraq War, Obama brushes off Iran deal critics Tuesday, 21 Jul 2015 | 6:05 AM ET

    PITTSBURGH, Penn.— Denouncing "chest-beating" critics, President Barack Obama told a veterans group Tuesday that those who oppose the diplomatic agreement to rein in Iran's nuclear program are some of the same people who were quick to want to go to war in Iraq and thought military action there would take only a matter of months. The White House is mounting a massive...

  • *Los Angeles, Chicago claimed bank targeted minorities. July 17- Wells Fargo& Co won the dismissal of two lawsuits on Friday that had accused the largest U.S. mortgage lender of violating the federal Fair Housing Act by engaging in predatory lending practices in Los Angeles and Chicago. The lawsuits by the city of Los Angeles and by Cook County, Illinois, which...

  • Shooting at Navy Reserve Center in Chattanooga Thursday, 16 Jul 2015 | 12:53 PM ET
    Shooting at Navy Reserve Center in Chattanooga

    CNBC's Sue Herera reports the U.S. Navy is confirming there has been a shooting at their building in Chattanooga and a possible second shooting at another facility.

  • TREASURIES-Prices rally on global growth concerns Wednesday, 15 Jul 2015 | 2:47 PM ET

    *China, Canada growth fears create safety bid. "In Greece, people realize we now have to do things as opposed to just talk about things," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee. But " China, Canada, and the emerging market equities are more important with regards to keeping the buying going in Treasuries."

  • WASHINGTON, July 14- The nuclear deal between world powers and Iran starts a new phase of intense negotiation- this time between the Obama administration and the U.S. Congress, where some Republicans have long been working to sink an agreement. Any effort in Congress to overturn the deal will face an uphill fight. Obama vowed on Tuesday that he would veto any bill...