×

Top News & Analysis United States

  • EPS 72 cents vs. est. of 70 cents. Analysts polled by Consensus Metrix expected a 0.5 percent drop in the Americas and a growth of 1.3 percent in the Asia-Pacific region in the first quarter ended April 30. "Mainland China was very strong, but other parts of China were weaker and Macau and Hong Kong have been struggling now for a little while," Yarbrough added.

  • NAPLES, Fla.— A Florida man says a Southwest Airlines employee refused to let him board a flight as a family with his husband, their three children and a grandparent. Grant Morse tells USA Today he was in the family boarding area at the gate at the Buffalo, New York, airport on Saturday when a gate agent told them the area is for family boarding. In an emailed statement to...

  • BEIJING— Internet users outside China watched a computer defeat its national go champion, but few Chinese web surfers could see it. The event got little coverage from Chinese newspapers and broadcasters, suggesting they may have received orders to avoid mentioning Google, which closed its China- based search engine in 2010 in a dispute over censorship and...

  • DUBAI, United Arab Emirates— A court in the United Arab Emirates sentenced a businessman accused of stealing $1.5 billion while working for one of its sheikhdoms to 15 years in prison over one alleged scam, authorities said Wednesday. Businessman Khater Massaad maintained his innocence and told The Associated Press from Saudi Arabia that the charges were...

  • FT MYERS, Fla. _ Chico's FAS Inc. on Wednesday reported fiscal first-quarter earnings of $33.6 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Six analysts surveyed by Zacks expected $625.4 million.

  • May 24- Tiffany& Co reported lower-than-expected quarterly sales and a surprise drop in comparable sales due to lower spending by tourists and domestic customers in the Americas, its largest market. Comparable-store sales in the Americas, which account for nearly half of Tiffany's revenue, fell 4 percent, while the company posted a 3 percent decline in the...

  • Lightning oil rig

    Market watchers are keeping a keen eye on Vienna this week as the Organization of the Petroleum Exporting Countries meet.

  • DAYTON, Ohio _ REX American Resources Corp. on Wednesday reported fiscal first-quarter profit of $4.5 million. On a per-share basis, the Dayton, Ohio- based company said it had profit of 69 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, May 23- A Trump administration plan to sell off half the U.S. emergency crude oil stockpile to help balance the budget faces opposition in Congress, with lawmakers from both parties worried the proposal would undermine the drilling industry and make the country vulnerable to supply shocks. The White House's 2018 budget proposal, sent to Congress on...

  • WASHINGTON— President Donald Trump has enlisted his longtime attorney Marc Kasowitz in a still-forming outside legal team that will represent him in the investigation into Russian interference in the U.S. election. Trump and top White House advisers have been considering whether to fill out the team with lawyers with deep experience in Washington...

  • SINGAPORE/ PARIS, May 24- Chicago wheat futures slid for a third session with the U.S. hard red winter crop's resilience to late spring snow storms pulling the market lower while soybeans were virtually flat after recovering from early losses. The Chicago Board Of Trade's most-active wheat contract fell by 0.2 percent to $4.28-1/ 2 a bushel, having closed down 1.1...

  • The median pay for a female CEO was $13.1 million last year, up 9 percent from 2015, according to an analysis by executive data firm Equilar and The Associated Press. The highest paid woman was Virginia Rometty of International Business Machines Corp., bumping out Yahoo's Marissa Mayer from the top spot. But she may be out of a job after Yahoo Inc. completes the...

  • NEW YORK— Tiffany& Co. took a hit in early trading Wednesday after it reported a surprise drop in comparable-store sales and disappointing first-quarter revenue. Tiffany's first-quarter net income of $92.9 million actually beat Wall Street expectations on a per-share basis. Profit was 74 cents, easily topping expectations for 70 cents, according to a poll of...

  • ROANOKE, Va. _ Advance Auto Parts Inc. on Wednesday reported first-quarter earnings of $108 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share. Advance Auto Parts shares have dropped 17 percent since the beginning of the year.

  • LONDON, May 24- Food and drink megabrands are seeing their sales chewed away by smaller, nimbler, cooler rivals. This is forcing the companies to take a leaf out of Silicon Valley's venture capital playbook- and their success or failure in harnessing promising new trends at a very early stage could help determine how well they adjust to the changing landscape, and...

  • ROMULUS, Mich.— A $32 million maintenance hangar at Detroit Metropolitan Airport has opened as part of efforts to ensure safety among Spirit Airlines' fleet. Plans for the Spirit Airlines hangar at the airport in the Detroit suburb of Romulus were announced in 2015. It opened this month and Kirk Thornburg, vice president of technical operations, tells The Detroit...

  • BERWYN, Pa. _ Triumph Group Inc. on Wednesday reported a loss of $126.8 million in its fiscal fourth quarter. Triumph Group expects full-year revenue in the range of $3.1 billion to $3.2 billion. Triumph Group shares have dropped 8.5 percent since the beginning of the year.

  • PALM BEACH GARDENS, Fla. _ Dycom Industries Inc. on Wednesday reported fiscal third-quarter earnings of $38.8 million. Six analysts surveyed by Zacks expected $735.9 million. For the current quarter ending in July, Dycom Industries expects its per-share earnings to range from $1.35 to $1.50.

  • NEW YORK— A hefty charge cut into first-quarter sales at Lowe's and investors were unimpressed by the retailer's profit, sending shares down sharply in early trading. The contrast was even more stark for Wall Street, given the upward trajectory of Lowe's rival, Home Depot Inc.. Lowe's shares slumped 7 percent before the opening bell.

  • Inquiries have spiked for temporary office spaces that do not require travel through Pennsylvania Station, the busiest train station in the U.S., where weeks-long outages in July and August are expected to trigger a travel nightmare for employees living in New Jersey and Long Island suburbs, according to businesses and real estate specialists.