×

Wires

  • CHICAGO _ United States Cellular Corp. on Friday reported fourth-quarter net income of $273 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share. Three analysts surveyed by Zacks expected $1 billion.

  • LONDON, Feb 23- Amazon's assault on the retail industry has brought misery to traditional retailers without a strong web presence. Online retail sales are growing at double-digit percentage rates in every western European country, according to consultancy the Centre for Retail Research. In Britain, a fifth of transactions are now conducted online, a...

  • TORONTO _ Royal Bank Of Canada on Friday reported fiscal first-quarter net income of $2.37 billion. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • CHICAGO _ Telephone& Data Systems Inc. on Friday reported fourth-quarter net income of $287 million, after reporting a loss in the same period a year earlier. The Chicago- based company said it had profit of $2.54 per share. Cellular and TDS Telecom posted revenue of $1.31 billion in the period.

  • LONDON, Feb 23- The global recovery has powered through into the new year, bringing with it expectations for tighter monetary policy, something that tends to be followed eventually by recession-- and last time round, financial and economic shock. Federal Reserve, the Bank of England and the Bank of Canada have already raised interest rates, while the European...

  • HONG KONG, Feb 23- Hong Kong Exchanges and Clearing plans to ease rules for U.S. and UK- listed Chinese and other international companies to consider a secondary listing in Hong Kong. "The reason we want to have a separated regime for secondary listing is because currently we have many restrictions that makes it difficult for particularly Greater China companies...

  • NEWARK, N.J. _ Public Service Enterprise Group Inc. on Friday reported fourth-quarter net income of $956 million, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. The parent company of PSEG Power and Public Service Electric& Gas Co. posted...

  • NICOSIA, Cyprus— Cyprus' energy minister says Turkish warships "threatened to use force" to stop a renewed attempt by a rig to reach an area off the east Mediterranean island nation where Italian company Eni was scheduled to drill for gas. Yiorgos Lakkotrypis told local private TV station Antenna Friday that the rig's skipper showed "great determination" to reach...

  • Medicare provides basic health care to one out of six Americans, most of them 65 and older. Even people decades away from retirement, though, should be concerned about Congress meddling with the program. Without a sturdy Medicare system, health care for older Americans could quickly become unaffordable.

  • *Grain markets digest USDA 2018/ 19 supply/demand outlook. PARIS/ SINGAPORE, Feb 23- Chicago soybean futures rose on Friday to stay on course for a third week of gains as investors factored in deteriorating prospects for Argentina's harvest due to a severe drought. The most-active soybean contract on the Chicago Board Of Trade was up 0.4 percent at $10.47-1/ 4 a...

  • BRIDGEWATER, N.J. _ Insmed Inc. on Friday reported a loss of $65.4 million in its fourth quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 67 cents per share. Insmed shares have declined 22 percent since the beginning of the year.

  • NEW YORK _ W.P. Carey Inc. on Friday 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 $142.1 million, or $1.31 per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of $1.12 per share.

  • *OPEC pleased by pace of market rebalancing- UAE minister. LONDON, Feb 23- Oil slipped towards $66 a barrel on Friday as rising U.S. oil output and exports countered OPEC- led attempts to erode stockpiles with output curbs and a dip in Libyan production. "The bull rally which we have seen for the black gold could fade away as the U.S. oil production undermines the OPEC...

  • Feb 23- U.S. stock index were higher on Friday as bond yields retreated for the second straight day, with investors also focusing on speeches by Federal Reserve officials for their views on interest rates. New York Fed President William Dudley, Cleveland Fed's Loretta Mester and their San Francisco counterpart, John Williams, are expected to speak during the day.

  • *Gender pay gap 37 pct at Aberdeen, 42 pct Standard Life. LONDON, Feb 23- Standard Life Aberdeen revealed on Friday its co-chief executive Keith Skeoch's total pay rose by nine percent to 3 million pounds in 2017.. SLA did not provide details of Gilbert's pay before the merger and was not immediately able to say what he earned during the period while he was still chief...

  • LONDON, Feb 23- The euro slipped on Friday and is set to post its second biggest weekly loss in nearly four months as investors focused on adding hedges to their portfolios before a big week for foreign exchange markets from a European politics perspective. The outcome of the Italian general election is due on March 4 and the German Social Democrats poll of its...

  • LONDON— Brexit is a little more than a year away but there is mounting evidence it's having a major impact on the number of European citizens looking to live and work in Britain. Figures released this week show net migration— the difference between those coming into Britain and those leaving— from other European Union countries falling below 100,000 for the...

  • WILTON, Conn. _ Blue Buffalo Pet Products Inc. on Friday reported fourth-quarter net income of $53.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Six analysts surveyed by Zacks expected $319.4 million.

  • CHICAGO _ Potbelly Corp. on Friday reported a fourth-quarter loss of $7.3 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Chicago- based company said it had a loss of 29 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

  • BRENTWOOD, Tenn. _ LifePoint Hospitals Inc. on Friday reported a fourth-quarter loss of $27.5 million, after reporting a profit in the same period a year earlier. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share. Eight analysts surveyed by Zacks expected $1.57 billion.