Business News


Lakeview Cheese And Bashas' Family Of Stores Recall Colby Cheese

Lakeview Cheese and Bashas' Family of Stores announced a recall of various types of Colby cheese due to a potential contamination of Listeria monocytogenes. The recalled products were manufactured by Guggisberg Cheese, Inc. and by Deutsch Kase Haus, LLC of Middlebury, Indiana. The affected products...

Berkshire Hathaway Q4 Profit Up 15%

Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRKa) reported that its fourth quarter profit improved nearly 15 percent from the year-ago quarter. Meanwhile, the company's operating earnings declined from the previous year period. Net earnings attributable to Berkshire shareholders improved nearly 15 percent to $6.286 billion from the year-ago quarter's $5.48 billion.

U.S. Consumer Sentiment Drops Less Than Initially Estimated In February

Consumer sentiment in the U.S. pulled back by less than initially estimated in the month of February, according to a report released by the University of Michigan on Friday. The report said the consumer sentiment index for February was upwardly revised to 96.3 from a preliminary reading of 95.7.

STADA Announces Structured Bidding Process; 3 Bidders To Date

STADA Arzneimittel AG (STDAY.PK) announced the convertion of ongoing open-minded talks with all interested parties started on 13 February into a structured bidding process. STADA has invited the potential bidders - three to date - to conduct multistage due diligence. Bidders for STADA include Advent...

Applied Optoelectronics Inc. (AAOI) Soared To A New High On Q4 Results

Applied Optoelectronics Inc. (AAOI) reported fourth quarter non-GAAP EPS of $0.84 after the close Thursday, up from $0.22 last year. Applied Optoelectronics gapped open higher Friday and rose steadily during the first hour of trade. The stock pared its gains in the afternoon, but still finished with...

IPO Watch: Aramco Wants To List On NYSE, Reports Say

Saudi Arabia is reportedly considering to list its state-run oil behemoth Saudi Aramco in New York Stock Exchange. According to a WSJ report, citing people familiar with the matter, Aramco prefers to float its shares on the NYSE, or in London or Toronto after discussion to list on an Asian stock exchange...

American States Water Q4 16 Earnings Conference Call At 1:00 PM ET

American States Water Co. (AWR) will host a conference call at 1:00 PM ET on February 24, 2017, to discuss Q4 16 earnings results. To access the live webcast, log on to www.aswater.com
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