Business News

Ford-102414-lg.jpgAutomaker Ford Motor Co. on Friday reported a 34 percent decline in profit for the third quarter from last year, reflecting lower revenue and volume. This includes lower profit in North America due to higher warranty costs and lower volume. However, adjusted earnings per share for the quarter beat analysts' estimates. Ford affirmed its pre-tax profit guidance for fiscal 2014 and 2015.

Vitae Pharma Stock Climbs On Positive Study Results In Alzheimer's Disease

Vitae Pharmaceuticals, Inc.'s (VTAE) shares climbed around 39 percent in the after hours trading in the Nasdaq on Thursday after the clinical-stage biotechnology company announced positive top-line results from clinical trials in treatment and prevention of Alzheimer's disease. The studies were part...

Latest News

Gorman-Rupp Q3 Results Miss Estimates; Boosts Dividend

Gorman-Rupp Co. (GRC) reported net income for the third quarter of $9.4 million or $0.36 per share, compared to $7.9 million or $0.30 per share for the year-ago quarter. Earnings per share for the third quarter of 2013 included a reduction of $0.03 due to a non-cash pension settlement charge which...

U.S. New Home Sales Inch Up From Downwardly Revised Level

While the Commerce Department released a report on Friday showing a modest increase in new home sales in the U.S. in the month of September, the uptick came from a significantly downwardly revised level in August.

U.S. New Home Sales Inch Up 0.2% In September


Chefs' Warehouse Buys Euro Gourmet

The Chefs' Warehouse, Inc. (CHEF) said Friday that it has acquired substantially all of the assets of Beltsville, Maryland-based Euro Gourmet Inc., a wholesale specialty distributor of imported and domestic products along the U.S. East Coast. Terms of the deal were not disclosed. Euro Gourmet is...

Chiquita And Fyffes Terminate Transaction Agreement

Slate Retail REIT Completes Acquisition Of Forest Plaza


Pandora Media Inc. (P) Has Fallen To A 52-Week Low After Q3 Report

Pandora Media Inc. (P) reported third quarter adjusted EPS of $0.09 after the bell Thursday, compared to $0.05 a year ago. Revenues rose to $239.59 million from $169.30 million last year. The consensus estimates were for EPS of $0.08 on revenue of $238.50 million. The company expects to report fourth...

Hydra Industries Acquisition Prices IPO At $10.00 Per Unit - Quick Facts

Hydra Industries Acquisition Corp. priced its initial public offering of 8 million units at an offering price of $10.00 per unit. The each unit consisted of one share of its common stock, one warrant to purchase one-half of one share of its common stock and one right which, upon the consummation of...

Moody''s Q3 14 Earnings Conference Call At 11:30 AM ET

Moody''s Corp. (MCO) will host a conference call at 11:30 AM ET October 24, 2014, to discuss its Q3 14 earnings results. To access the live webcast, log on at A call can be accessed by dialing 1-877-400-0505 (US) or +1-719-234-7477 (International) with passcode: Moody''s Corporation. For...