Financial News from AP

  • Vantage meets 4Q profit forecasts Associated Press - 1 hour 2 minutes ago

    The Grand Cayman, Virgin Islands-based company said it had profit of 4 cents per share. Earnings, adjusted to extinguish debt, were 3 cents per share. The results met Wall Street expectations. The average ...

  • New Home posts 4Q profit Associated Press - 1 hour 2 minutes ago

    The Aliso Viejo, California-based company said it had profit of 32 cents per share. The homebuilder posted revenue of $73 million in the period. For the year, the company reported profit of $4.8 million, ...

  • Bank of Greece: need progress in talks with creditors Associated Press - 1 hour 2 minutes ago
    Bank of Greece: need progress in talks with creditors

    Greece's central bank governor says it is "very important" for next week's meeting of eurozone finance ministers, set for Monday in Brussels, to go well for Greece. The 19 finance ministers are ...

  • German Parliament approves quota for female directors Associated Press - 1 hour 5 minutes ago
    German Parliament approves quota for female directors

    Germany's Parliament on Friday approved a quota system that will require leading companies in Europe's biggest economy to have at least 30 percent women on their supervisory boards starting next year. ...

  • Ahead of the Bell: US trade gap Associated Press - 1 hour 7 minutes ago
    Ahead of the Bell: US trade gap

    The Commerce Department reports on the U.S. trade deficit for January. The report will be released Friday at 8:30 a.m. Eastern. GAP NARROWS: The expectation is that the trade deficit fell to $42 billion ...

  • Big Lots beats 4Q profit forecasts Associated Press - 1 hour 11 minutes ago

    On a per-share basis, the Columbus, Ohio-based company said it had net income of $1.77. Earnings, adjusted to account for discontinued operations, were $1.76 per share. The results exceeded Wall Street ...

  • Staples reports 4Q loss Associated Press - 1 hour 11 minutes ago

    Staples Inc. (SPLS) on Friday reported a fiscal fourth-quarter loss of $260.4 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Framingham, Massachusetts-based ...

  • Sri Lanka suspends work on China-backed resort Associated Press - 1 hour 59 minutes ago

    Sri Lanka has informed Beijing it is suspending work on a $1.5 billion Chinese-backed resort as part of a reevaluation of recent foreign investments, China's Foreign Ministry said Friday. The project was ...

  • Ringling Bros. says circuses to be elephant-free in 3 years Associated Press - 2 hours 38 minutes ago
    Ringling Bros. says circuses to be elephant-free in 3 years

    Animal rights activists were stunned when the parent company of Ringling Bros. and Barnum & Bailey Circus announced it would eliminate elephants from its circus performances by 2018. "Monumental and ...

  • Caution before US jobs report tempers gains in global stocks Associated Press - 2 hours 53 minutes ago
    Caution before US jobs report tempers gains in global stocks

    European stocks traded cautiously ahead of a U.S. jobs report Friday that could influence when the Federal Reserve raises interest rates this year. Asian markets were mostly higher after being buoyed by ...

  • Silicon Valley gender bias suit puts spotlight on industry Associated Press - 3 hours ago

    A sex discrimination trial against one of Silicon Valley's most prestigious venture capital firms is providing a rare peek into the elite investment companies vying to fund the next Google and Amazon. ...

  • 'Homebrew' email servers: Genius as well as sneaky? Associated Press - 4 hours ago
    'Homebrew' email servers: Genius as well as sneaky?

    No, it's not always a room filled with wires and glowing blue lights. It's probably not even the size of your furnace. The personal email server used by Hillary Rodham Clinton during her time as secretary ...

  • 3 reasons Apple's watch will _ or won't _ change the game Associated Press - 4 hours ago
    3 reasons Apple's watch will _ or won't _ change the game

    No one can argue that many Apple devices have changed the way people live their lives. The company's iTunes, iPhone and iPad have shaken up music, phone and computer markets worldwide. Is the Apple Watch ...

  • Higher food prices, typhoon worsen poverty in Philippines Associated Press - 4 hours ago

    Poverty worsened in the Philippines in the first half of 2014 due to government restrictions on rice imports and the lingering effects of a killer typhoon, an official said Friday. Socio-economic Planning ...

  • German industry production up 5th straight month in January Associated Press - 4 hours ago

    German industrial production rose by 0.6 percent in January, a fifth consecutive monthly increase that was propelled by a surge in construction activity. The Federal Statistical Office's report Friday ...

  • Asia stocks gain after ECB upgrades growth ahead of US jobs Associated Press - 5 hours ago
    Asia stocks gain after ECB upgrades growth ahead of US jobs

    Asian stock markets were higher on Friday as investor sentiment was boosted by the European Central Bank's growth forecast upgrade and expectations for a solid increase in U.S. employment. KEEPING SCORE: ...

  • NYC landing mishap raises questions on runway snow closures Associated Press - 5 hours ago
    NYC landing mishap raises questions on runway snow closures

    The rough landing of a Delta jetliner at LaGuardia Airport in a driving snowstorm just minutes after the runway had been plowed has raised questions about when airports should close runways due to snow ...

  • Emirates forges special relationship with el-Sissi's Egypt Associated Press - 5 hours ago
    Emirates forges special relationship with el-Sissi's Egypt

    This small Gulf nation, known for its soaring skyscrapers and mercantile bent, is making itself into the most stalwart ally of the Arab world's biggest country. The United Arab Emirates has pumped billions ...

  • Train carrying Bakken crude derails, burns in Illinois Associated Press - 6 hours ago
    Train carrying Bakken crude derails, burns in Illinois

    A freight train loaded with crude oil derailed in northern Illinois, bursting into flames and prompting officials to suggest that everyone with 1 mile evacuate, authorities said. The BNSF Railway train ...

  • More want local beef, but fewer want tough job of cutting it Associated Press - 6 hours ago
    More want local beef, but fewer want tough job of cutting it

    Kent Weise loves his work, but after 38 years slaughtering cattle, lugging carcasses that can weigh more than 1,000 pounds and slowly, methodically slicing cuts of meat, he understands why few people want ...

  • Harrison Ford crash lands vintage plane on golf course Associated Press - 7 hours ago
    Harrison Ford crash lands vintage plane on golf course

    Harrison Ford crash-landed his World War II-era airplane on Thursday after losing engine power, suffering serious but not life-threatening injuries as he used his years of piloting prowess to bring down ...

  • Another solid month of job gains over 200K expected for Feb. Associated Press - 7 hours ago
    Another solid month of job gains over 200K expected for Feb.

    U.S. employers are expected to follow the best three-month burst of hiring in 17 years with another solid round of job gains in February. Still, the result is unlikely to match the furious pace of November ...

  • Plane skids off snowy New York runway, stops next to icy bay Associated Press - 7 hours ago
    Plane skids off snowy New York runway, stops next to icy bay

    A Delta jetliner landing at LaGuardia Airport in a driving snowstorm Thursday skidded off a runway and crashed through a chain-link fence, its nose coming to rest just feet from the roiling waters of an ...

  • Chain of kidney transplants begins at San Francisco hospital Associated Press - 8 hours ago

    Zully Broussard thought she was going to help one person by donating a kidney. Instead, she helped six. The Sacramento woman's donation to a Benicia man set off an organ swap that resulted in five more ...

  • Freight train carrying crude oil derails near Illinois city Associated Press - 8 hours ago
    Freight train carrying crude oil derails near Illinois city

    A freight train loaded with crude oil derailed in northern Illinois on Thursday, bursting into flames and prompting officials to suggest that everyone with 1 mile evacuate, authorities said. The BNSF Railway ...

  • Harrison Ford survives crash-landing on golf course Associated Press - 9 hours ago
    Harrison Ford survives crash-landing on golf course

    Harrison Ford crash-landed his vintage plane Thursday after losing engine power, suffering serious but not life-threatening injuries as he used his extensive piloting experience to skillfully bring down ...

  • Harrison Ford 'banged up' but recovering from plane crash Associated Press - 9 hours ago
    Harrison Ford 'banged up' but recovering from plane crash

    Harrison Ford's representative says he's "banged up" but expected to make a full recovery after crash-landing a vintage plane on a Los Angeles golf course. Ford's publicist Ina Treciokas (EE-nuh ...

  • Elaine Wynn fights to stay on Wynn Resorts board Associated Press - 10 hours ago

    Admonishing the Wynn Resorts board for attempting to oust its only female director and defending her role with the company, Elaine Wynn implored shareholders in a proxy statement Thursday to re-elect her ...

  • Ringling Bros. to give up elephant acts in 3 years Associated Press - 10 hours ago
    Ringling Bros. to give up elephant acts in 3 years

    The Ringling Bros. and Barnum & Bailey Circus says the "Greatest Show on Earth" will go on without elephants. Animal rights groups took credit for generating the public concern that forced the ...

  • Jury hears closing arguments in 'Blurred Lines' case Associated Press - 10 hours ago
    Jury hears closing arguments in 'Blurred Lines' case

    Singers Robin Thicke and Pharrell Williams lied about how they crafted the 2013 hit "Blurred Lines" and should be financially punished for using music by Marvin Gaye, a lawyer for the late singer's ...

  • Google providing car insurance quotes in latest expansion Associated Press - 11 hours ago

    Google is helping California drivers shop for car insurance as part of a new service that could foreshadow the Internet company's latest attempt to shake up a long-established industry. The feature unveiled ...

  • BNSF freight train with crude oil derails near Illinois city Associated Press - 11 hours ago

    A BNSF Railway freight train loaded with crude oil derailed Thursday near the northern Illinois city of Galena and erupted into flames, authorities said. The train derailed around 1:20 p.m. in a rural ...

  • AP source: Harrison Ford crash-lands plane on golf course Associated Press - 11 hours ago
    AP source: Harrison Ford crash-lands plane on golf course

    Harrison Ford crash-landed his small vintage airplane at a Los Angeles golf course Thursday, shortly after taking off from a nearby airport and reporting engine problems. People on the ground rushed to ...

  • Amid crisis, Venezuelans remember Chavez 2 years after death Associated Press - 11 hours ago
    Amid crisis, Venezuelans remember Chavez 2 years after death

    Early morning fireworks burst over Venezuela's capital Thursday for a commemoration of Hugo Chavez on the second anniversary of his death, even as economic crisis threatens to undo his legacy of lifting ...

  • Plane skids off snowy NYC runway, stops feet from icy bay Associated Press - 11 hours ago
    Plane skids off snowy NYC runway, stops feet from icy bay

    A Delta jetliner landing at LaGuardia Airport in a driving snowstorm Thursday skidded off a runway and crashed through a chain-link fence, its nose coming to rest just feet from the roiling waters of an ...