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Top News & Analysis United States

  • unisex sign and the 'We Are Not This' slogan are outside a bathroom in Durham, North Carolina.

    President Donald Trump's administration revoked landmark guidance issued to public schools in defense of transgender student rights.

  • IRVINE, Calif. _ CoreLogic Inc. on Wednesday reported fourth-quarter net income of $3.6 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. CoreLogic expects full-year earnings in the range of $2.15 to $2.40 per share, with revenue in the range of $1.83 billion to $1.88 billion.

  • DALLAS— The CEO of discount carrier Spirit Airlines says he isn't worried about competing against new, cheaper fares from American and United. The "basic economy" fares being offered by American and United are designed to attract the kind of thrifty fliers that have helped Spirit double in revenue in four years. Spirit CEO Robert Fornaro says his customers know...

  • West Texas Intermediate crude April contract added 41 cents, or 0.8 percent, to $54.00 a barrel at 0011 GMT. Crude inventories fell by 884,000 barrels in the week to Feb. 17 to 512.7 million, compared with analysts' expectations for an increase of 3.5 million barrels, data from industry group the American Petroleum Institute showed on Wednesday.

  • NEW YORK _ Iconix Brand Group Inc. on Wednesday reported a loss of $297.5 million in its fourth quarter. The New York- based company said it had a loss of $5.30 per share. Iconix expects full-year earnings in the range of 70 cents to 85 cents per share, with revenue in the range of $350 million to $365 million.

  • NEW YORK _ Alleghany Corp. on Wednesday reported fourth-quarter profit of $69.5 million. The New York- based company said it had profit of $4.50 per share. For the year, the company reported profit of $460.7 million, or $29.59 per share.

  • TAMPA, Fla. _ Masonite International Corp. on Wednesday reported fourth-quarter net income of $15.4 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. Five analysts surveyed by Zacks expected $481.7 million.

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • THE WOODLANDS, Texas _ Western Gas Equity Partners L.P. on Wednesday reported fourth-quarter net income of $83.7 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. Western Gas Equity shares have climbed roughly 10 percent since the...

  • NEW YORK, Feb 22- Jeffrey Ubben, the chief executive of ValueAct Capital, told Reuters on Wednesday that his firm has been disinvesting in the capital markets as valuations have become overextended, leaving it with $3 billion in cash. ValueAct, based in San Francisco, manages around $16 billion. The fund's largest holding is a $2.4 billion stake in Microsoft Corp,...

  • RICHMOND, Va. _ Tredegar Corp. on Wednesday reported fourth-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Richmond, Virginia- based company said it had net income of 5 cents. Tredegar shares have fallen roughly 6 percent since the beginning of the year.

  • Garmin Forerunner 15 watch

    Shares of Garmin climbed in intraday trade Wednesday after the company reported an earnings and sales beat for the quarter.

  • Miles of unused pipe, prepared for the proposed Keystone XL pipeline, sit in a lot on October 14, 2014 outside Gascoyne, North Dakota.

    Shares of Valmont Industries soared Wednesday after the company reported earnings that exceeded analysts' expectations.

  • CANONSBURG, Pa. _ Ansys Inc. on Wednesday reported fourth-quarter earnings of $70 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share. Six analysts surveyed by Zacks expected $267.5 million.

  • The United States should expect a "strong slap in the face" if it underestimates Iran's defensive capabilities, a commander of the elite Revolutionary Guards says, as Tehran concludes war games. The White House has pushed back the release of a new executive order to replace the directive suspending travel to the United States by citizens of seven mostly Muslim...

  • NEW YORK _ Empire State Realty Trust Inc. on Wednesday reported a key measure of profitability in its fourth quarter. The New York- based real estate investment trust said it had funds from operations of $74.2 million, or 25 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of...

  • STAMFORD, Conn. _ Cenveo Inc. on Wednesday reported a loss of $241,000 in its fourth quarter. The Stamford, Connecticut- based company said it had a loss of 3 cents per share. Cenveo shares have dropped 9 percent since the beginning of the year.

  • Steven Mnuchin, U.S. President-elect Donald Trump's reported choice for U.S. Treasury secretary, speaks to members of the news media upon his arrival at Trump Tower in New York, November 30, 2016.

    Traders are hoping Treasury Secretary Steve Mnuchin will reveal what the Trump administration's tax reform plan will look like.

  • EVANSVILLE, Ind. _ Vectren Corp. on Wednesday reported fourth-quarter net income of $69.6 million. Vectren expects full-year earnings to be $2.55 to $2.65 per share. Vectren shares have increased 6 percent since the beginning of the year.