More Business Articles

  • Nasdaq OMX beats 3Q profit forecasts

    Published: Fri, Oct 24, 2014

    NEW YORK (AP) — The Nasdaq OMX Group Inc. (NDAQ) on Friday reported third-quarter net income of $123 million. The New York-based company said it had profit of 71 cents per share. Earnings, adjusted for one-time gains and costs, came to 72 cents per share. The results surpassed Wall...

  • Bristol-Myers tops Street 3Q forecasts

    Published: Fri, Oct 24, 2014

    NEW YORK (AP) — Bristol-Myers Squibb Co. (BMY) on Friday reported third-quarter profit of $721 million. The New York-based company said it had profit of 43 cents per share. Earnings, adjusted for non-recurring costs, came to 45 cents per share. The results beat Wall Street...

  • UPS: Dec. shipments to be up 11 pct. from year ago

    Updated: 3 min ago

    ATLANTA (AP) — UPS is expecting an 11 percent jump in December shipments as the holiday shopping season heats up. UPS recently announced that it would hire up to 95,000 people to handle the tremendous volume. That's up from last year when the Atlanta company initially planned to hire...

  • Evenflo recalls infant seats to fix sticky buckles

    Updated: 3 min ago

    DETROIT (AP) — Evenflo is recalling more than 202,000 rear-facing infant seats because the buckles can become difficult to unlatch. The recall affects Embrace 35/9999 models with an AmSafe QT1 buckle. Documents posted by U.S. safety regulators say that if the buckles don't release...

  • Apollo Global to buy Express Energy Services

    Published: Fri, Oct 24, 2014

    NEW YORK (AP) — Private equity firm Apollo Global Management LLC said Friday that it plans to buy the oilfield services company Express Energy Services. Terms of the deal were not disclosed. Express, which is privately held, has about 1,700 employees and will remain headquartered in...

  • Chiquita holders reject plans to merge with Fyffes

    Updated: 3 min ago

    CHARLOTTE, N.C. (AP) — Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world's largest banana supplier. Chiquita Brands International Inc. said Friday that the shareholders didn't approve a revised transaction agreement...

  • Amazon's loss makes holidays a question mark

    Updated: 3 min ago

    NEW YORK (AP) — Amazon's trademark smile icon is becoming more of a grimace. The world's largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast. Investors are increasingly irked by Amazon's strategy of investing...

  • California startup unveils gun technology for cops

    Updated: 5 hr ago

    WATSONVILLE, Calif. (AP) — A Silicon Valley startup has developed technology to let dispatchers know when a police officer's weapon has been fired. The new product by Yardarm Technologies would also track where the gun is located and in what direction it was fired. The system will...

  • DaVita's $389 million settlement not an issue in sale of Colorado Springs medical practice

    By Wayne Heilman wayneh@gazette.com -
    Updated: 16 hr ago

    A $389 million settlement DaVita Healthcare Partners Inc. finalized late Wednesday with federal prosecutors and regulators won't derail the Denver-based company's purchase of Colorado Springs Health Partners, officials said Thursday. In fact, the 76 doctors who own and unanimously...

  • Grab your wallets; Colorado Springs apartment rents hit another record high

    By rich laden rich.laden@gazette.com -
    Published: Fri, Oct 24, 2014

    Whether it's a luxury three-bedroom unit, an aging efficiency or just any old room with a view, apartment rents are soaring in Colorado Springs - hitting another record high during the second quarter, a new report shows. Lifestyle changes among younger and older residents have helped...

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