×

Wires

  • SEATTLE-- Alaska Airlines has fixed the computer problem that delayed flights Monday across its 64- airport network on the West Coast and in Mexico and Canada, and operations slowly were returning to normal. Alaska Airlines said the data connection was restored before 1 p.m. but passengers could still expect some delays as the system adjusted.

  • Activists joined current and retired Atlanta police Monday for a demonstration and discussion at the home of retired Atlanta police Det. Jaqueline Barber in Fayetteville, south of the city. Representatives of Minneapolis- based U.S. Bank, which is involved in the foreclosure proceedings, did not return phone calls and emails from The Associated Press.

  • Oct 8- Spartan Stores Inc:. *Ratifies three-year labor agreement with warehouse and transportation. * "We are very pleased to have ratified the labor agreement with our warehouse and transportation associates," stated Dennis Eidson, Spartan`s President and Chief Executive Officer. "

  • Oct 8- Laredo Petroleum Holdings Inc:. *Announces the launch of secondary public offering. Laredo Petroleum Holdings, Inc., a Delaware corporation, announced today the commencement of an underwritten secondary public offering of 12,500,000 shares of its common stock by affiliates of Warburg Pincus LLC, the selling stockholders.

  • TOPEKA, Kan.-- A Kansas school funding task force heard from a policy analyst Monday who said what matters isn't the amount of money spent on K-12 education but how it's spent. Dave Trabert, president of the Kansas Policy Institute, a conservative, free-market research and advocacy group, told members of the task force appointed by Gov.

  • PRESCOTT, Ark.-- A roofing products company in Prescott, Ark. is marking the completion of a $36 million expansion and the addition of 100 new jobs. In 2011, the company announced it would close a factory in Kingtree, S.C., and move those jobs to the expanded Prescott plant.

  • Oct 8- American Airlines said unit revenue, a widely watched measure of pricing power, rose 4 percent in September and would have been higher if not for flight delays and cancellations.

  • Oct 8- Penn Virginia Corp:. *Announces concurrent public offerings of 12,000,000 shares of common stock. and $50 million of depositary shares representing convertible preferred.

  • Oct 8- Facebook Inc has proposed a revised $20 million settlement in a class action lawsuit accusing it of violating the rights of users through its "Sponsored Stories" advertising feature after a U.S. judge rejected an earlier accord.

  • AUSTIN, Texas-- Education leaders in the Texas Senate are holding a hearing on the growing demand for virtual learning statewide. Leticia Van de Putte of San Antonio will serve as acting chairwoman for Monday's hearing, which will include testimony on successful virtual learning programs and analyzing what hinders those not working so well.

  • SEATTLE-- Alaska Airlines says its computer connections have been restored, and operations are returning to normal at its airport gates. The problem started just before 8 a.m. Monday when the airline lost its connection to the Sabre reservation system because of two cut Sprint fiber optic lines.

  • Oct 8- Eli Lilly and Co said its experimental Alzheimer's drug led to a 34 percent reduction in memory decline for patients with mild symptoms over a period of 18 months, giving it potential ammunition to seek approval for the medicine that showed no benefit in more advanced stages of the disease.

  • Oct 8- Anworth Mortgage Asset Corp:. *Announces increase to series B preferred stock conversion rate. *Conversion rate of series B preferred stock will increase from 3.7698 shares.

  • Oct 8- Pzena Investment Management Inc:. *Pzena Investment Management Inc announces September 30, 2012 assets under. *September 30, 2012 assets under management $16.8 billion.

  • WASHINGTON, Oct 8- Wal-Mart and American Express have teamed up for a useful kind of financial innovation. It's a smooth move by Wal-Mart. The partners aren't disclosing financial terms, but it seems unlikely Wal-Mart would pay as much as it does to other card issuers.

  • Oct 8- Moody's cuts Southwestern Public Service rating to Baa2 from Baa1.

  • Oct 8- Oxford Industries Inc:. *Tom chubb to succeed Hicks Lanier as CEO of Oxford Industries; Lanier to. continue to serve as chairman of the board.

  • WEIRD WEATHER: Spring freezes and a historic drought have stripped some charm from rustic fall destinations, especially in the Midwest, leaving some corn too short to create mazes, orchards with few apples and fall colors muted.

  • CANTON, Miss.-- A health care company has donated $30,000 to help children in Mississippi stay healthy. The money was donated over the weekend to the Mississippi 4- H club's Eat4-Health campaign. United Healthcare is sponsoring four community events in Jackson, Canton, Belzoni and Clarksdale to promote fitness, nutrition and healthy living.

  • NEW YORK-- Red Bull is rolling out three fruity flavors this spring, as the company looks to boost its stake in the rapidly growing market for energy drinks. The fruity flavors were first sold in Europe, but a representative for Red Bull didn't know how long they had been on sale there.