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Business

Recent Headlines

Friday 01/23/2015
Stocks fall, snapping 4-day winning streak; UPS slumps
Updated: January 23, 2015 - 4:22 pm

NEW YORK (AP) — The stock market is finishing lower, snapping a four-day winning streak, as U.S. companies report mixed quarterly results.

Customers treated like family at Tangles Beauty Salon
Posted: January 23, 2015

Laughter is often heard at Tangles Beauty Salon, a place of elegance and hospitality.

UPS takes a hit during the holidays, cuts outlook
Posted: January 23, 2015

NEW YORK (AP) — The huge cost of ensuring timely deliveries cost UPS during the holidays and the shipping company is now cutting its outlook for the year.

Shares plunged nearly 10 percent in premarket trading Friday.

The Atlanta company hired more workers and boosted capacity at its facilities during the busy holiday season to avoid a repeat of 2013, when shippers struggled with a deluge of orders.

UPS Inc. now expects 2014 earnings of $4.75 per share, down from its previous forecast of between $4.90 and $5 per share. Industry analysts had been looking for earnings of $4.96 per share, according to FactSet. For the fourth quarter, UPS expects earnings of $1.25 per share, well below the $1.47 per share analysts had projected.

Shares of FedEx Corp. are down more than 2 percent.

Thursday 01/22/2015
US stocks erase year's losses after Europe unveils stimulus
Updated: January 22, 2015 - 4:14 pm

NEW YORK (AP) — The stock market is closing with a big gain after Europe's central bank offered an aggressive plan to revive that region's weak economy.

UPDATE: GuardTop buys Rockmart manufacturing facility
Updated: January 22, 2015 - 11:04 am

An California-based company is looking to expand their Southeasten sales following the purchase of a Rockmart asphault manufacturing facility.

Wednesday 01/21/2015
Janet Ross named 2015 chair for Polk County Chamber of Commerce at annual breakfast
Updated: January 21, 2015 - 5:19 pm

The Polk County Chamber of Commerce announced the new chair of the board for 2015 at a morning breakfast to start off their new year of business for promoting Aragon, Cedartown and Rockmart business. 

Tuesday 01/20/2015
US stock market ends slightly higher, oil down
Updated: January 20, 2015 - 4:41 pm

NEW YORK (AP) — The U.S. stock market is ending higher, helped by gains in technology companies and airlines.

Waffle House flips for LPGA's Brooke Pancake
Updated: January 20, 2015 - 4:42 pm

n a rather amusing twist, Brooke Pancake has announced Waffle House as her newest sponsor. Pancake, a former All-American at Alabama, will visit Waffle House restaurants throughout the country while traveling on the LPGA and carry the restaurant chain's logo on her bag.

Downtown Cedartown Association gives out facade grants for Mobley Building, Pirkles Deli
Posted: January 20, 2015

Pirkle's Deli and Jordan Hubbard, owner of the Mobley Building, received checks for grants to help pay for the facade upgrades on both buildings through the Downtown Cedartown Association.

Walmart Neighborhood Market opening Wednesday in Fort Oglethorpe
Updated: January 20, 2015 - 3:18 pm

A new Walmart Neighborhood Market is opening Wednesday, Jan. 21, in Fort Oglethorpe following a brief ribbon-cutting ceremony at 7:30 a.m.

Free Chick-fil-A for a year to First 100 in Emerson
Posted: January 20, 2015

Emerson gets its first Chick-fil-A restaurant on Thursday, Jan. 22 and that means another “First 100″ Celebration.

Friday 01/16/2015
Rising oil lifts energy companies and stock market Friday
Updated: January 16, 2015 - 4:13 pm

NEW YORK (AP) — Energy companies are fueling a rally that snapped a five-day losing streak for the stock market.

Marietta Daily Journal has successful bid for Rome newspaper group
Updated: January 16, 2015 - 10:23 am

MARIETTA — Marietta Daily Journal’s parent company, Times-Journal Inc., was the successful bidder in a bankruptcy auction for the Rome News Publishing Company on Thursday in Carrollton at the law offices of the debtor.

Thursday 01/15/2015
Cabela’s to hire 140 for Fort Oglethorpe store, slated to open this spring
Updated: January 15, 2015 - 12:29 pm

Cabela’s is now accepting online applications for approximately 140 full-time, part-time and seasonal positions at its new Fort Oglethorpe, Ga., store.

Center at Worldview ‘great place for children’
Posted: January 15, 2015

No sounds are heard as a visitor walks down the hallway of the Child Care Learning Center at Worldview Baptist Church, 500 College Drive, Cedartown.

Wednesday 01/14/2015
Mohawk announces $1.2 billion purchase of IVC Group
Posted: January 14, 2015

Mohawk Industries, Inc. today announced that the Company has entered into a definitive agreement to acquire the IVC Group, which expands the Company's position as the leading global flooring manufacturer. The IVC Group is a major manufacturer of sheet vinyl, luxury vinyl tile and laminate, with operations in Europe and the United States and sales of approximately $700 million.

Burger King in Cedartown finishing up renovations
Posted: January 14, 2015

One local fast food restaurant is changing its image to accommodate the lifestyles of modern families.

Tuesday 01/13/2015
Stocks end up-and-down day with small losses
Updated: January 13, 2015 - 4:30 pm

NEW YORK (AP) — The stock market is ending a see-saw day with small losses, as energy shares slip lower with the price of oil.

Oil prices drop again, gas prices remain steady
Posted: January 13, 2015

The relentless drop in oil prices continued Tuesday morning after the energy minister for the United Arab Emirates said Tuesday there are no plans for OPEC to curb production to shore up falling crude prices. The price of oil has slumped 57 percent since June last year as traders have bet that the supply glut will persist.

Friday 01/09/2015
US stocks slide following weak wage growth, oil price slump
Posted: January 09, 2015

NEW YORK (AP) — Stocks are ending lower after investors were discouraged by weak U.S. wage growth and another drop in the price of oil.

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