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


USG Q2 Profit Rises - Update

Building material supplier USG Corp. (USG), Thursday reported higher profit for the second quarter, driven largely by increased shipments and higher selling price. USG, which provides gypsum wallboard and joint compounds, said its US gypsum wallboard shipments rose to 1.32 billion square feet from...

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...

Intersect ENT Prices IPO At $11.00 Per Share

Intersect ENT Inc., a commercial drug-device company committed to improving the quality of life for patients with ear, nose and throat conditions, announced the pricing of its initial public offering of 5 million shares of its common stock at a public offering price of $11.00 per share, before underwriting...

American Airlines Group Q2 14 Earnings Conference Call At 1:30 PM ET

American Airlines Group Inc (AAL) will host a conference call at 1:30 PM ET on July 24, 2014, to discuss its Q2 14 earnings results. To access the live webcast, log on at