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Top News & Analysis United States

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  • NEW YORK— PartnerRe's biggest shareholder, Italian investment company Exor, is buying the reinsurer in a deal worth about $6.9 billion. PartnerRe is ending its all-stock agreement with Axis Capital Holdings Ltd., which was made in January, in order to move ahead with a combination with Exor. PartnerRe previously rejected a $6.16 billion bid from Exor.

  • ATLANTA _ Crawford& Co. on Monday reported second-quarter profit of $4.1 million. The Atlanta- based company said it had net income of 8 cents per share. Crawford expects full-year earnings in the range of 63 cents to 73 cents per share, with revenue in the range of $1.16 billion to $1.18 billion.

  • STAMFORD, Conn. _ Frontier Communications Corp. on Monday reported a second-quarter loss of $28 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment...

  • Hospira headquarters

    The federal government says health care facilities should stop using Hospira's Symbiq medication infusion pump because its vulnerable to hacking.

  • VERNON HILLS, Ill. _ CDW Corp. on Monday reported second-quarter net income of $108.2 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. Six analysts surveyed by Zacks expected $3.24 billion.

  • PPL reports 2Q loss 27 Mins Ago

    ALLENTOWN, Pa. _ PPL Corp. on Monday reported a second-quarter loss of $757 million, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Aug 3- Loews Corp, a hotel, energy and financial services conglomerate, reported a 44 percent drop in its quarterly operating profit due to lower revenue from its Diamond Offshore Drilling Inc unit and its insurance business. Diamond Offshore, Loews' second-largest subsidiary, also posted an 8.4 percent fall in quarterly revenue, hurt by weak demand due to a slump...

  • Goldman Sachs has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter.

  • HOUSTON _ Columbia Pipeline Partners LP on Monday reported second-quarter earnings of $16.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • MERRILLVILLE, Ind. _ NiSource Inc. on Monday reported a second-quarter loss of $36.1 million, after reporting a profit in the same period a year earlier. NiSource expects full-year earnings in the range of $1 to $1.10 per share. NiSource shares have declined 59 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 2 percent.

  • ASHEVILLE, N.C. _ Ingles Markets Inc. on Monday reported fiscal third-quarter net income of $13.8 million. On a per-share basis, the Asheville, North Carolina- based company said it had profit of 68 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON— The Commerce Department reports on June U.S. construction spending at 10 a.m. Eastern on Monday. BUILDING UP: The expectation is that construction spending posted a solid gain of 0.6 percent, according to a survey of economists by data firm FactSet. BIG GAIN: In May, U.S. construction spending rose 0.8 percent, pushing total activity to a seasonally...

  • CHICAGO _ CNA Financial Corp. on Monday reported second-quarter net income of $138 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share. CNA Financial shares have increased slightly more than 2 percent since the beginning of the year.

  • NEW YORK _ Loews Corp. on Monday reported second-quarter earnings of $170 million. The New York- based company said it had net income of 46 cents per share. Loews shares have declined slightly more than 9 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 2 percent.

  • DARIEN, Conn. _ Genesee& Wyoming Inc. on Monday reported second-quarter earnings of $52.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share. Genesee& Wyoming shares have declined 21 percent since the beginning of the year.

  • HOUSTON _ Diamond Offshore Drilling Inc. on Monday reported second-quarter net income of $90.4 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Diamond Offshore Drilling shares have decreased 40 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 2...

  • FORT SMITH, Ark. _ ArcBest Corp. on Monday reported second-quarter net income of $20 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. ArcBest shares have decreased 29 percent since the beginning of the year.

  • FP&L is the state's largest electric utility, and NextEra operates in 26 other states and Canada. Now, NextEra is opening its own coffers to support Right to Rise, the super PAC formed to help Bush's bid for the presidency. Kristy Campbell, a Bush campaign spokeswoman, denied any conflict of interest in Bush's relationship with NextEra.

  • WASHINGTON— President Barack Obama is mandating even steeper greenhouse gas cuts from U.S. power plants than previously expected, while granting states more time and broader options to comply. The tweaks to Obama's unprecedented emissions limits on power plants, to be unveiled at the White House on Monday, aim to address a bevy of concerns raised by both...

  • WASHINGTON— A new Associated Press-GfK poll finds most Americans think of water as a limited resource that can be depleted if people use too much. When asked to rate priorities when water is scarce during a drought, more said agriculture should be a top or high priority over residential needs, wildlife and industry. Here is a look at some of the poll's key findings:.