×

Wires

  • Stocks closed slightly lower Thursday, pulling the market below the record highs it set the day before. Losses in industrial and energy stocks contributed the most to the modest declines. The Russell 2000 index of smaller-company stocks gave up 9.93 points, or 0.6 percent, to 1,576.73.

  • DANVILLE, Va. _ American National Bankshares Inc. on Thursday reported fourth-quarter profit of $2.1 million. The Danville, Virginia- based bank said it had earnings of 24 cents per share. American National Bankshares shares have increased 2 percent since the beginning of the year.

  • TORONTO, Jan 18- Canada's main stock index slipped on Thursday, weighed by gold miners and energy stocks including Husky Energy Inc and Barrick Gold Corp, which were both hit by sanctions from regulators, while banks moved higher. *The Toronto Stock Exchange's S&P/TSX composite index ended down 42.23 points, or 0.26 percent, at 16,284.47. *Husky fell 6.8 percent to C...

  • *Canadian dollar at C $1.2419, or 80.52 U.S. cents. TORONTO, Jan 18- The Canadian dollar steadied against its American counterpart on Thursday, after volatile trading the day before when the Bank of Canada raised interest rates, as investors shrugged off worries that the United States will pull out of NAFTA. On Wednesday, the Bank of Canada raised its benchmark...

  • OKLAHOMA CITY _ BancFirst Corp. on Thursday reported fourth-quarter net income of $19.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. BancFirst shares have risen roughly 8 percent since the beginning of the year.

  • FRANKLIN, N.C. _ Entegra Financial Corp. on Thursday reported a fourth-quarter loss of $3.3 million, after reporting a profit in the same period a year earlier. The bank, based in Franklin, North Carolina, said it had a loss of 48 cents per share. The holding company for Macon Bank posted revenue of $15.8 million in the period.

  • FISHERS, Ind. _ First Internet Bancorp on Thursday reported fourth-quarter earnings of $3.5 million. The Fishers, Indiana- based bank said it had earnings of 41 cents per share. For the year, the company reported profit of $15.2 million, or $2.13 per share.

  • The payment includes a $63.1 million fine plus $38.4 million in restitution to a corporate client, according to a deferred prosecution agreement filed on Thursday with the U.S. District Court in Brooklyn, New York. In October, a federal jury in Brooklyn convicted Mark Johnson, the former head of HSBC's global foreign exchange cash trading desk, of trading ahead...

  • *Boeing slides, weighs on Dow. *Morgan Stanley up slightly on earnings beat. NEW YORK, Jan 18- Wall Street fell on Thursday as losses in industrials and interest-rate sensitive sectors offset marginal gains in tech stocks.

  • CINCINNATI _ First Financial Bancorp on Thursday reported fourth-quarter profit of $24.8 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Three analysts surveyed by Zacks expected $90 million.

  • Having route approval in Nebraska and the necessary commercial support for KXL brings us closer to a final investment decision, "TransCanada spokesman Terry Cunha said in an email. Alberta had previously committed to ship crude on TransCanada's canceled Energy East project, which would have transported 1.1 million bpd to the Atlantic Coast.

  • Apple's new campus is unlikely to be located in California, where the tech company's headquarters are housed at its sleek "spaceship" Apple Park campus in Cupertino, or in Texas, where it has facilities in Austin that house customer service and some computer assembly operations, said Cook in an interview with ABC News on Wednesday. Apple announced plans for a new...

  • PARK CITY, Utah/ LOS ANGELES, Jan 18- For the first time in three decades, producer Harvey Weinstein will not be trudging down Park City's snowy Main Street when the Sundance Film Festival opens Thursday, leaving the independent movie festival marketplace without its most-watched tastemaker. His absence will be filled by streaming services, upstart studios and...

  • Net loss attributable to common shareholders was $1.20 billion, or $1.41 per share, in the fourth quarter, compared with a profit of $825 million, or 88 cents per share, a year earlier. Excluding the charge, AmEx earned $1.58 per share, beating analysts' estimates of $1.54 per share, according to Thomson Reuters I/B/E/S. Total revenue, net of interest expense, rose to...

  • Amazon said on Thursday that Toronto and 19 U.S. locales made the first cut in a contest to find a second headquarters where it promises to invest $5 billion and create 50,000 jobs. As it reviews Toronto, Amazon must weigh whether advantages including Canada's open immigration policy, top technical schools and universal healthcare outweigh any potential...

  • WASHINGTON, Jan 18- Proposals before the U.S. Senate and House to tighten rules on foreign investment into critical technologies could cause companies to take their research and development overseas to avoid scrutiny, critics said on Thursday. The bills before the House of Representatives and the Senate would allow the inter-agency Committee on Foreign...

  • Amazon said on Thursday that Toronto and 19 U.S. locales made the first cut in a contest to find a second headquarters where it promises to invest $5 billion and create 50,000 jobs. As it reviews Toronto, Amazon must weigh whether advantages including Canada's open immigration policy, top technical schools and universal healthcare outweigh any potential...

  • YOKNEAM, Israel _ Mellanox Technologies Ltd. on Thursday reported a fourth-quarter loss of $2.6 million, after reporting a profit in the same period a year earlier. Four analysts surveyed by Zacks expected $235.3 million. For the current quarter ending in April, Mellanox said it expects revenue in the range of $222 million to $232 million.

  • CALGARY, Alberta _ Canadian Pacific Railway Ltd. on Thursday reported fourth-quarter net income of $774.8 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.57 per share. Seven analysts surveyed by Zacks expected $1.36 billion.

  • NEW YORK, Jan 18- A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable. Judge Martin Glenn of the U.S. Bankruptcy Court in New York said the agreement that car owners had reached with a trust that holds many...