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Top News & Analysis Florida

  • Aug 8- SeaWorld Entertainment Inc reported a quarterly net loss on Tuesday as declining attendance at its Orlando and San Diego parks squeezed revenue, and the company said it was boosting promotional spending to tackle "perception" issues. Its shares fell as much as 8.2 percent to $12.50 on the New York Stock Exchange in midday trading before recovering...

  • Aug 8- Canada's Valeant Pharmaceuticals International Inc said on Tuesday it expects to repay more than $5 billion in debt earlier than it had targeted, news that pushed its shares up 9 percent. One of Papa's biggest challenges has been to cut the company's towering debt, which ballooned to nearly $30 billion following a spate of deal-making under former CEO...

  • Aug 8- Canada's Valeant Pharmaceuticals International Inc reported a better-than-expected quarterly profit and said it expected to repay more than $5 billion in debt earlier than it had targeted, sending its shares up 10 percent. Last month, the drugmaker paid down $811 million of debt with proceeds from the sale of its cancer treatment unit Dendreon...

  • MEXICO CITY, Aug 7- Tropical Storm Franklin churned toward the tourist hubs along Mexico's Caribbean coast on Monday, and is expected to strike the east coast of the Yucatan Peninsula just south of major resorts, according to the U.S. National Hurricane Center. Heavy rainfall and flash flooding is possible across the Yucatan and parts of Belize.

  • CARACAS, Aug 7- Venezuela launched a country-wide manhunt on Monday for the men who assaulted an army base the day before, using state TV to flash pictures of the accused rebels who escaped with weapons after a gunfight with soldiers. Those who attacked the base near the city of Valencia said their operation was aimed at starting an insurgency against unpopular...

  • Aug 7- U.S. residential solar company Sunrun Inc on Monday reported second-quarter revenue and earnings per share that fell short of Wall Street estimates, sending its shares down nearly 10 percent in extended trading. Unlike rival Tesla Inc, which put the brakes on its rapid solar expansion to preserve cash amid slowing industry growth, Sunrun has kept up a...

  • MEXICO CITY, Aug 7- Tropical Storm Franklin churned toward the tourist hubs along Mexico's Caribbean coast on Monday, and is expected to strike the Yucatan Peninsula Tuesday just south of major resorts, according to the U.S. National Hurricane Center. Franklin, which formed on Sunday, is located 155 miles east of Chetumal, the Mexican city near the country's...

  • SAN FRANCISCO, Aug 4- Background checks related to U.S. firearm purchases suffered their deepest quarterly decline in over three years in July, suggesting a sales slump despite price discounts aimed at improving customer demand following President Donald Trump's election. U.S. Federal Bureau of Investigation background checks in July fell 25 percent to...

  • Aug 4- U.S. health insurer WellCare Health Plans Inc on Friday reported a better-than-expected quarterly profit and raised its annual earnings forecast, boosted by higher enrolments in its Medicare and Medicaid businesses. Tampa, Florida- based WellCare, which focuses on government-backed Medicare and Medicaid plans, said Medicaid memberships increased...

  • CHICAGO, Aug 3- If you are hovering around retirement age today, you will be closing in on your eighties in the year 2030. The United States is headed toward a severe shortage of caregivers- paid and unpaid- in the decades ahead, according to human resources expert Paul Osterman. A professor of human resources and management at the Massachusetts Institute of...

  • Hyndman, Pa., Aug 2- Rail cars carrying gas and sulfur on a CSX Corp freight train skidded off the tracks and burst into flames on Wednesday in a small Pennsylvania town, forcing hundreds of residents to flee their homes as firefighters fought the blaze. No injuries were reported after the crash in Hyndman, about 100 miles southeast of Pittsburgh.

  • Aug 2- A CSX Corp freight train carrying flammable materials derailed as it moved through a southern Pennsylvania town on Wednesday, striking a residential garage that caught fire, forcing more than 100 residents from their homes, authorities said. No injuries were reported after the crash in Hyndman, about 100 miles southeast of Pittsburgh, but CSX warned...

  • Aug 2- AutoNation Inc, the largest U.S. auto retail chain, on Wednesday reported a 21.8- percent fall in quarterly profit, hurt by lower new vehicle sales, and the company's shares fell 4.4 percent in early New York trading. New car retail sales at the Fort Lauderdale, Florida- based company dropped 6.7 percent to 79,892 units, in the second quarter.

  • New car retail sales at the Fort Lauderdale, Florida- based company dropped 6.7 percent to 79,892 units, in the second-quarter ended June 30. AutoNation's revenue per vehicle for new cars rose 2.3 percent to $36,686, and fell 2.1 percent to $19,413 for used vehicles. The company's net income from continuing operations fell to $87.7 million, or 86 cents per share, in...

  • JERUSALEM, Aug 2- Haifa Chemicals said on Wednesday it was closing shop and letting go of its 800 employees after failing to find a reasonable alternative to a large ammonia tank it needs to function which was ordered to be shut down earlier this year. The colossal, circular vat is located in the northern port of Haifa, Israel's third largest city, and can hold 12,000...

  • JERUSALEM, Aug 2- Haifa Chemicals said on Wednesday it was closing shop and letting go of its 800 employees after failing to find a reasonable alternative to a large ammonia tank it needs to function which was ordered to be shut down earlier this year. The colossal, circular vat is located in the northern port of Haifa, Israel's third largest city, and can hold 12,000...

  • PANAMA CITY, July 31- The head of the Panama Canal Authority said on Monday a Miami- based arbitration board rejected a demand by Spanish-led GUPC consortium for $192.8 million to cover cost overruns during the building of a third set of locks for the century-old waterway. GUPC or Grupo Unidos por el Canal includes Sacyr SA of Spain, Impregilo of Italy, Jan De Nul of...

  • Worried about Tropical Storm Emily? How to change your travel plans

    NOAA expects an "above normal" hurricane season, with 11 to 17 named storms.

  • WASHINGTON, July 28- Republican U.S. lawmakers said on Friday they expected Washington would announce more sanctions on Venezuela if its government proceeds with an effort to elect a legislative body that critics call a plan to create a dictatorship. Republican Senator Marco Rubio, who has worked closely with President Donald Trump's administration on...

  • DETROIT, July 28- A letter from the top U.S. rail regulator to CSX Corp this week highlights growing customer dissatisfaction with the No. 3 U.S. railroad's service problems since its new chief executive officer Hunter Harrison was appointed to the spot amid investor and analyst fanfare in March. The Surface Transportation Board's July 27 letter to Harrison, a...