Business Headlines

New to Netflix: September 30, 2014

Updated: 6:45 AM - The popular online streaming video service, Netflix, frequently adds new movies and television shows for its customers to watch.

Dothan Gun & Knife Show

Posted: 09/28/2014 - Wiregrass residents stocked up on firearm and ammo supplies Sunday during the last day of the Dothan Gun and Knife Show.

Dogs Really Can Fly

Posted: 09/27/2014 - The last day of Porktoberque had its fair share of dogs flying in the air.

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Business News

  • RBC sees value in small-cap stocks

    Traders work on the floor of the New York Stock ExchangeBy Ryan Vlastelica NEW YORK (Reuters) - Small-cap stocks have been pressured of late, with investors fretting that the group's valuation has become untenable, though RBC Capital Markets on Tuesday wrote it sees outsized potential in smaller names. The group has taken the brunt of the recent market decline, with the Russell 2000 down 7.5 percent from a record close hit in March, far steeper than the S&P 500's 1.7 percent drop from its own high, a divergence RBC wrote represented a contraction in valuations rather than changing fundamentals. The firm noted that U.S. ...

  • Drugstore chain Walgreen's quarterly sales rise 6.2 percent

    People walk by a Walgreens store in Pasadena(Reuters) - U.S. drugstore chain operator Walgreen Co reported a 6.2 percent rise in quarterly sales, helped by higher prescription sales, sending its shares up more than 3 percent in premarket trading. Prescription sales, which made up nearly two thirds of the company's total sales, rose 9.3 percent in the fourth quarter ended Aug. 31. Total revenue rose to $19.06 billion in the quarter from $17.94 billion a year earlier. ...

  • News Corp to buy real estate website operator Move for $950 million

    News Corp Chief Executive Murdoch attends the Wall Street Journal CEO council annual meeting in Washington(Reuters) - Rupert Murdoch's News Corp said it would buy Move Inc , the owner of property websites such as, for about $950 million to expand its digital marketing business. News Corp said it would pay $21 per share, a premium of 37 percent to Move's closing price on Monday. Moves's shares rose 17.7 percent to $18 in premarket trading. Australian real estate website REA Group Ltd , which is 61.6 percent owned by News Corp, will take a 20 percent stake in Move for about $200 million, News Corp said. ...

  • EBay to spin off PayPal

    An eBay sign is seen at an office building in San Jose, California(Reuters) - EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. EBay Chief Executive John Donahoe had resisted demands by activist investor Carl Icahn to hive off the service, saying PayPal was integral to eBay's business - and vice versa. Icahn backed off from his demand in April. ...

  • Vanguard, BlackRock may reap billions from Pimco after Gross exit

    The BlackRock logo is seen outside of its offices in New YorkBy Ross Kerber and Luciana Lopez NEW YORK/BOSTON - Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds. His new company, Janus Capital Group Inc, may see Gross's cachet attract tens of billions of dollars, investors and analysts said. During the year ended Aug. 31, investors made $64.7 billion in net withdrawals from Pimco funds, according to research firm Morningstar Inc. ...

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