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  • Bristol-Myers earnings jump 27 pct, trounce expectations

    Higher sales of key new medicines and cost cuts helped lift drugmaker Bristol-Myers Squibb Co.'s first-quarter profit by nearly 27 percent. The maker of melanoma drug Yervoy and schizophrenia treatment Abilify trounced Wall Street's profit forecast, beating expectations by 21 cents per share. That was despite facing a much higher tax rate, the...

  • Aetna beats 1Q profit forecasts

    HARTFORD, Conn. (AP) — Aetna Inc. (AET) on Tuesday reported first-quarter net income of $777.5 million. On a per-share basis, the Hartford, Connecticut-based company said it had profit of $2.20. Earnings, adjusted for amortization costs and non-recurring costs, came to $2.39 per share. The results topped Wall Street expectations. The average...

  • Wyndham beats Street 1Q forecasts

    PARSIPPANY, N.J. (AP) — Wyndham Worldwide Corp. (WYN) on Tuesday reported first-quarter net income of $122 million. On a per-share basis, the Parsippany, New Jersey-based company said it had net income of $1. Earnings, adjusted for costs related to mergers and acquisitions, came to $1.03 per share. The results beat Wall Street expectations....

  • Entergy beats 1Q profit forecasts

    NEW ORLEANS (AP) — Entergy Corp. (ETR) on Tuesday reported first-quarter net income of $302.9 million. The New Orleans-based company said it had profit of $1.65 per share. Earnings, adjusted for non-recurring costs, came to $1.68 per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks...

  • Consol beats 1Q profit forecasts

    CANONSBURG, Pa. (AP) — Consol Energy Inc. (CNX) on Tuesday reported first-quarter earnings of $79 million. The Canonsburg, Pennsylvania-based company said it had profit of 34 cents per share. Earnings, adjusted for non-recurring costs, came to 37 cents per share. The results exceeded Wall Street expectations. The average estimate of 13...

  • Pfizer tops Street 1Q forecasts

    NEW YORK (AP) — Pfizer Inc. (PFE) on Tuesday reported first-quarter profit of $2.38 billion. The New York-based company said it had profit of 38 cents per share. Earnings, adjusted for non-recurring costs, were 51 cents per share. The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment...

  • Corinthian Colleges students to meet for help after shutdown

    INDUSTRY, Calif. (AP) — Students who attended the now-closed Corinthian Colleges will meet with state officials for help getting reimbursed for tuition and obtaining transcripts. The Santa Ana, California-based company closed all of its remaining 28 ground campuses, displacing 16,000 students on Monday, less than two weeks after the U.S....

  • Entrepreneurs hatch hen-rental idea for fans of fresh eggs

    MOUNT HOLLY, N.J. (AP) — Want farm-fresh eggs without the commitment of owning chickens? Try renting them. Poultry leases are a growing business for companies nationwide as people seek to live more sustainably through local food sources. Rentals allow customers to get eggs from humanely raised hens without the commitment of ownership....

  • MOVERS & SHAKERS

    Laura Olson and Kimberly Gibson have been named broker associates for Coldwell Banker Residential Brokerage in Colorado Springs. Both will specialize in residential sales. Most recently, Olson helped open the new Trader Joe's for the Springs area. Gibson previously worked in the beauty industry as a full-time stylist, salon owner and educator...

  • UCHealth Memorial plans $10.3 million cancer center in northern Colorado Springs

    UCHealth Memorial plans to begin construction next month on a $10.3 million cancer center at its Memorial Hospital North campus, part of a $15 million expansion and upgrade of its Colorado Springs cancer facilities. It will be Memorial's second location for cancer patients to get radiation treatment, and when construction is complete by year's...

  • Broadmoor hotel postponing plans for equestrian center, Bear Creek horseback riding

    The Broadmoor hotel has called a time out on its planned equestrian center near Bear Creek Regional Park, a project that drew vocal opposition from some residents in the neighborhood. But Broadmoor President Jack Damioli said Monday that the decision to delay the project isn't related to criticism. Instead, he said, it was put on hold because...

  • Mayoral candidate still favors recreational marijuana sales in Colorado Springs

    Mayoral candidate Mary Lou Makepeace on Monday reiterated her support for recreational marijuana sales in Colorado Springs, saying the tax proceeds could be used to address the city's persistent pothole problem. "I say it's time for Pot for Potholes," she said in a news release. In an interview later, Makepeace said she believes legal sales...

  • March brings improved occupancy, higher rates for Colorado Springs hotels

    Local hotels recovered in March from a snowy February, with occupancy increasing from the same month a year earlier for the third time in the past four months, according to the Rocky Mountain Lodging Report. The occupancy rate for local hotels rose to 54.6 percent in March from 52 percent in March 2014. That followed a decline to 50.3 percent...

  • Groups want review of Shell's Arctic regulatory filings

    ANCHORAGE, Alaska (AP) — Two groups petitioned the U.S. Securities and Exchange Commission on Monday for an investigation of Royal Dutch Shell PLC and what the groups call misstatements in regulatory filings regarding the risk of a catastrophic oil spill from Arctic offshore drilling. The petition was filed Monday by Oceana and the Abrams...

  • Apple's Mac is selling strong, iPad not so much

    SAN FRANCISCO (AP) — Apple's iPhone was again the company's star in the first three months of the year. The tech giant sold 61 million iPhones, or 40 percent more than in the same period a year ago. That represented about two-thirds of its $58 billion in revenue. But executives also shed some light on other well-known Apple products in...

  • Capitol Hill Buzz: Dems push higher pay for Senate workers

    WASHINGTON (AP) — Reports about a Senate cafeteria worker who makes so little money he is homeless are prompting calls for change from Democrats on Capitol Hill. Lawmakers led by the No. 2 Senate Democrat, Dick Durbin of Illinois, released a letter Monday urging the Senate Rules Committee, which oversees Senate services, to provide a...

  • Summations expected in Hamptons rape trial of NYC executive

    RIVERHEAD, N.Y. (AP) — Closing arguments are expected to be held Tuesday in the trial of a New York City investment banker accused of raping an Irish tourist on Long Island. Former Goldman Sachs executive Jason Lee has pleaded not guilty to raping a 20-year-old woman in the bathroom of an East Hampton home he rented in the summer of 2013....

  • Asian markets tepid ahead of major earnings, Fed meeting

    SEOUL, South Korea (AP) — Asian stock markets were lukewarm Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve's policy meeting. KEEPING SCORE: Japan's Nikkei 225 outperformed the region, gaining 0.5 percent to 20,082.23. Other markets were lower with Hong Kong's Hang Seng down...

  • Tuna company, 2 managers charged in death of worker in oven

    LOS ANGELES (AP) — Bumble Bee Foods and two managers were charged by Los Angeles prosecutors Monday with violating safety regulations in the death of a worker who was cooked in an industrial oven with tons of tuna. Jose Melena was performing maintenance in a 35-foot-long oven at the company's Santa Fe Springs plant before dawn Oct. 11, 2012,...

  • Truckers strike at huge seaport complex; impact minimal

    LOS ANGELES (AP) — Truck drivers who haul goods from docks at the nation's busiest seaport complex walked off the job Monday in a dispute over their earnings and employment status, but port officials said the impact on international commerce appeared to be minimal. The ports of Los Angeles and Long Beach are the primary West Coast gateway for...

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