Business News

Airlines-072414-lg.jpgAmerican Airlines Group, Southwest Airlines, and JetBlue Airways reported Thursday profits for the second quarter that grew sharply from last year. American Airlines and Southwest Airlines topped analysts' expectations, while JetBlue matched estimates. Operating revenues at all three companies were higher, with American and Southwest breezing past Street view, while JetBlue missed it.

Philips Gets FDA 510(k) Clearance For VISIQ Ultrasound System

Koninklijke Philips Electronics NV (PHGFF.PK, PHG) said it received 510 (K) marketing clearance from U.S. Food and Drug Administration or FDA, for its innovative ultra mobile ultrasound system VISIQ. VISIQ with its transducer-plus-tablet display delivers excellent image quality, making ultrasound...

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Brenntag To Proceed With 1:3 Stock Split On August 1, 2014


Raytheon Q2 Profit Rises - Update

Raytheon Co. (RTN) Thursday reported an increase in profit for the second quarter, driven largely by improved margins and favorable pension adjustments that offset a 7 percent drop in revenue. Moving ahead, the US defense contractor maintained its financial outlook for the full year 2014. Waltham,...

U.S. New Home Sales Pull Back More Than Expected In June

New home sales in the U.S. showed a notable decrease in the month of June, according to a report released by the Commerce Department on Thursday, with the steep drop offsetting the jump seen in the previous month.

U.S. New Home Sales Tumble 8.1% In June


SodaStream Reportedly In Talks To Go Private

SodaStream International Ltd. (SODA) is in talks with an investment firm about taking the company private, Bloomberg reported Thursday, citing people familiar with the matter. The deal would value the company at about $40 per share, or $828 million, Bloomberg quoted one of the people as saying. No...

Manulife Mutual Funds Streamlines Fund Line-up With Proposed Mergers

Gray Television To Buy WJRT-TV And WTVG-TV From Affiliates Of SJL Holdings, LLC For $128.0 Mln Cash

Calyx Bio-Ventures Enters LoI To Acquire Cannigistics Agri-Solutions


Inteliquent Inc. (IQNT) Has Fallen To A 5-Month Low After Q2 Report

Inteliquent Inc. (IQNT) reported second quarter EPS from continuing operations of $0.28 Thursday morning, down from $1.05 a year ago. Analysts were looking for EPS of $0.27. Inteliquent has been steadily declining since the open Thursday and is now down 2.14 at $11.96. The stock has dropped to a 5-month...

Immune Design Prices IPO At Low End Of Range

Immune Design Corp. said Thursday that it has priced its initial public offering of 5 million shares of its common stock at a price of $12.00 per share for an aggregate offering of $60.0 million, before underwriting discounts, commissions and expenses. The IPO price of $12.00 per share was at the...

Clayton Williams Energy Q2 14 Earnings Conference Call At 2:30 PM ET

Clayton Williams Energy Inc. (CWEI) will host a conference call at 2:30 PM ET on July 24, 2014, to discuss Q2 14 earnings results. To access the live webcast log on to To listen to the call, dial 877-868-1835, Passcode: 73682480. For a replay call, dial 855-859-2056...