Top News & Analysis Atlanta

  • NEW YORK, Aug 20- Wall Street's major indexes rose on Monday on optimism over trade talks between the United States and China, though they fell from session highs after President Donald Trump criticized the Federal Reserve's raising interest rates. U.S. stocks moved lower in the last 10 minutes of the session after Trump, in an interview with Reuters, said he was "...

  • NEW YORK, Aug 20- Why settle for nine-and-a-half years when you can do an even 10 or better? They tend to glow brightest just before they go out, "said Sam Stovall, chief investment strategist at research firm CFRA. As of Friday, the S&P 500 was 0.8 percent shy of its record high, set on Jan. 26.

  • JERUSALEM— PepsiCo bought carbonated drink maker SodaStream for $3.2 billion on Monday, a move the beverage giant hopes will further help it adjust as consumers drink less traditional soda and opt more for flavored waters and other drinks. The deal is also a boon to SodaStream, which has enjoyed a resurgence after being targeted by anti- Israel boycotters in the...

  • HOPKINS, S.C.— Federal regulators say Westinghouse Electric Co. has no plans to clean a plume of uranium under its nuclear fuel factory despite evidence it could reach South Carolina's water supply. Instead, Westinghouse wants a new 40- year extension from the Nuclear Regulatory Commission, even though there's nearly a decade left on its current license.

  • NEW YORK, Aug 15- U.S. The yield curve also flattened, with the spread between U.S. 2- year and 10- year notes narrowing to 23.2 basis points, the tightest gap since at least March 2010, according to Reuters data. "Right now, the overall sentiment, especially toward emerging markets, is fragile, and then you have the strong dollar, which is adding to uncertainty," said Keith...

  • ATLANTA _ Atlantic American Corp. on Tuesday reported second-quarter net income of $3.2 million. The Atlanta- based company said it had net income of 15 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • The Atlanta company's second-quarter profit hit $3.51 billion, or $3.05 per share. That a much bigger per-share profit than the $2.84 that Wall Street was looking for, according to analysts surveyed by Zacks Investment Research. Revenue rose to $30.46 billion, from $28.11 billion, also topping projections of $29.98 billion on Wall Street.

  • The financials slipped 0.63 percent as U.S. bank stocks, like its European counterparts, bore the brunt of investor worries over exposure to Turkey's crisis. The lira has tumbled more than 40 percent https://reut.rs/2vFv6Ue against the dollar this year on worries over President Tayyip Erdogan's increasing control over the economy and deteriorating...

  • ATLANTA _ PRGX Global Inc. on Thursday reported a loss of $2.9 million in its second quarter. On a per-share basis, the Atlanta- based company said it had a loss of 13 cents. PRGX Global shares have risen 30 percent since the beginning of the year.

  • The campaign was a focus of the annual International Spa Association show held Tuesday in New York to showcase trends, treatments and new spas. Spas are now a $17.5 billion industry in the United States, up 4 percent in a year, according to iSPA statistics, with 187 million visits to spas in nearly 22,000 locations, and more than 370,000 employees, about half of them...

  • ATLANTA _ Veritiv Corp. on Thursday reported a loss of $10.6 million in its second quarter. On a per-share basis, the Atlanta- based company said it had a loss of 67 cents. Veritiv shares have risen 33 percent since the beginning of the year.

  • ATLANTA _ BlueLinx Holdings Inc. on Thursday reported a second-quarter loss of $8.6 million, after reporting a profit in the same period a year earlier. The Atlanta- based company said it had a loss of 93 cents per share. BlueLinx shares have more than tripled since the beginning of the year.

  • BATAVIA, Ill., Aug 9- German-owned discount supermarket Aldi Inc is rolling out scores of new products in the United States, it said on Thursday, in an aggressive push to expand in the country even as rivals are struggling in a drawn-out price war. Aldi, the world's No. 5 retailer owned by Aldi Sud, embarked on a $5 billion plan last year to remodel and expand its U.S. chain...

  • LAWRENCEVILLE, Ga.— A mysterious economic development project code-named "Project Rocket" is advancing in Atlanta's suburbs. The Atlanta Journal-Constitution reports that the identity of the company seeking the massive distribution facility remains shrouded in secrecy. Gwinnett County Planning Commission Chairman Chuck Warbington said he doesn't...

  • ATLANTA _ Southern Co. on Wednesday reported a loss of $150 million in its second quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Southern Co. shares have risen 2 percent since the beginning of the year, while the Standard& Poor's 500 index has increased roughly 7 percent.

  • ATLANTA _ Invesco Mortgage Capital Inc. on Tuesday reported second-quarter earnings of $91.1 million. On a per-share basis, the Atlanta- based company said it had profit of 72 cents. Invesco Mortgage Capital shares have fallen 10 percent since the beginning of the year.

  • ATLANTA _ Gray Television Inc. on Tuesday reported second-quarter profit of $40.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Four analysts surveyed by Zacks expected $252.1 million.

  • Aug 6- Apple Inc, Alphabet Inc's YouTube, Facebook Inc and Spotify all took down podcasts and channels from U.S. conspiracy theorist Alex Jones, saying on Monday that the Infowars author had broken community standards. Among the theories he has promoted is that the Sept. 11, 2001, attacks on New York and Washington were staged by the government.

  • Aug 3- Shares in Apple Inc edged higher on Friday but stayed close to the $1 trillion valuation milestone the iPhone maker reached a day earlier, even as Wall Street predicted more gains. After becoming the first $1 trillion publicly-listed U.S. company on Thursday, Apple last traded up 0.1 pct at $207.57 after falling as low as $205.48 and as high as $208.74, as it...

  • Aug 3- Shares in Apple Inc edged higher on Friday, bobbing close to the iPhone maker's $1 trillion valuation milestone, but Wall St was just biding its time for more gains. After becoming the first $1 trillion publicly-listed U.S. company on Thursday, Apple last traded up 0.4 percent at $208.22 after falling as low as $205.48 and rising as high as $208.74.