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Top News & Analysis United States

  • *Chicago wheat set for 4.5 pct monthly rise. PARIS/ SINGAPORE, Feb 28- Chicago wheat futures edged higher on Tuesday as expectations of renewed export demand helped halt a day-earlier slide linked to ample global supplies. The slight increase kept Chicago wheat on course for a large monthly rise, after a February marked by investment fund flows that carried...

  • ORLANDO, Fla. _ SeaWorld Entertainment Inc. on Tuesday reported a loss of $11.9 million in its fourth quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share. Six analysts surveyed by Zacks expected $269 million.

  • PARSIPPANY, N.J. _ The Medicines Co. on Tuesday reported a loss of $122.9 million in its fourth quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.43 per share. Medicines Co. shares have increased 57 percent since the beginning of the year.

  • DENVER _ Intrepid Potash Inc. on Tuesday reported a loss of $16.6 million in its fourth quarter. The Denver- based company said it had a loss of 22 cents per share. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

  • RALEIGH, N.C. _ INC Research Holdings Inc. on Tuesday reported fourth-quarter earnings of $37.5 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 67 cents per share. Eight analysts surveyed by Zacks expected $269 million.

  • NEW YORK _ Ophthotech Corp. on Tuesday reported a loss of $66.3 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.64 per share. Four analysts surveyed by Zacks expected $6.3 million.

  • LONG ISLAND CITY, N.Y. _ Steven Madden Ltd. on Tuesday reported fourth-quarter profit of $28.7 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 49 cents per share. Four analysts surveyed by Zacks expected $336.3 million.

  • COLUMBIA, Md. _ GP Strategies Corp. on Tuesday reported fourth-quarter net income of $6.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. GP Strategies shares have decreased 12 percent since the beginning of the year.

  • DAYTONA BEACH, Fla. _ TopBuild Corp. on Tuesday reported fourth-quarter earnings of $21.3 million. On a per-share basis, the Daytona Beach, Florida- based company said it had net income of 57 cents. TopBuild shares have increased 15 percent since the beginning of the year.

  • CHAPEL HILL, N.C. _ Cempra Inc. on Tuesday reported a loss of $31.4 million in its fourth quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share. Eight analysts surveyed by Zacks expected $6.9 million.

  • CHARLOTTE, N.C. _ Extended Stay America Inc. on Tuesday reported a loss of $54.4 million in its fourth quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Extended Stay America expects full-year revenue in the range of $1.28 billion to $1.31 billion.

  • HOUSTON _ CenterPoint Energy Inc. on Tuesday reported fourth-quarter net income of $101 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Houston- based company said it had net income of 23 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.

  • NEW YORK, Feb 28- Wells Fargo& Co's wealth management business said on Tuesday it would launch its new robo-adviser Intuitive Investor later this year in a bid to develop a new revenue stream from existing Millennial customers who may be looking to open their first investment account in a crowded online market. Devon McConnell, Wells Fargo Advisors' head of...

  • About 90 percent of marine fish stocks worldwide are already fully or partially over-fished, according to the United Nations. "We have finite fish oil, growing aquaculture and a world that needs more Omega-3s," said Mark Griffin, president of animal nutrition at Omega Protein Corp, the biggest U.S. fish oil producer. The short supply has attracted the world's...

  • An experimental gene therapy that turns a patient's own blood cells into cancer killers worked in a major study, with more than one-third of very sick lymphoma patients showing no sign of disease six months after a single treatment, its maker said Tuesday. Its sponsor, California- based Kite Pharma, is racing Novartis AG to become the first to win approval of the...

  • The big box retailer's net income slumped to $817 million, or $1.45 per share in the fourth quarter ended Jan. 28, from $1.43 billion, or $2.32 per share, a year earlier. Target forecast same-store sales would fall in the low- to mid-single digit percentage range in the first quarter and that it would earn $0.80- $1.00 per share from continuing operations in the period.

  • ORLANDO, Fla. _ Xenia Hotels& Resorts Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The Orlando, Florida- based real estate investment trust said it had funds from operations of $59.4 million, or 55 cents per share, in the period. Xenia Hotels& Resorts expects full-year funds from operations in the range of $1.82 to $1.95 per share.

  • HOUSTON _ Independent Contract Drilling Inc. on Tuesday reported a loss of $10.4 million in its fourth quarter. On a per-share basis, the Houston- based company said it had a loss of 28 cents. For the year, the company reported that its loss widened to $22.2 million, or 67 cents per share.

  • ALBUQUERQUE, N.M. _ PNM Resources Inc. on Tuesday reported fourth-quarter net income of $24.8 million, after reporting a loss in the same period a year earlier. PNM Resources expects full-year earnings in the range of $1.77 to $1.87 per share. PNM Resources shares have risen 5 percent since the beginning of the year.

  • PHOENIX _ Cable One Inc. on Tuesday reported fourth-quarter earnings of $24.4 million. Cable One shares have risen nearly 4 percent since the beginning of the year. Keywords: Cable One, Earnings Report.