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thehartford-073014-lg.jpgHartford Financial Services Group Inc. (HIG), Wednesday said its second-quarter loss widened, hurt mainly on a hefty loss from discontinued operations related to the sale of Japan annuity business. The Hartford, Connecticut-based company's second quarter loss widened to $467 million or $1.00 per share...

Sanofi And Regeneron: 9 Phase 3 ODYSSEY Trials Of Alirocumab Met Primary Goal

French drug maker Sanofi (SNYNF, SNY) and U.S.-based Regeneron Pharmaceuticals, Inc. (REGN) announced Wednesday that nine new Phase 3 ODYSSEY trials of alirocumab in people with hypercholesterolemia met their primary efficacy endpoint. According to the companies, the primary goal was of a greater...

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Suncor Energy Q2 Earnings Plunge, But Operating Earnings Rise - Quick Facts

Suncor Energy Inc. (SU.TO, SU) reported second-quarter net earnings of C$211 million or C$0.14 per common share, sharply lower than C$680 million or C$0.45 per common share in the year-ago quarter. The company noted that net earnings included after-tax impairment charges of $718 million against the...

New Zealand Money Supply Rises At Faster Rate In June

New Zealand's money supply increased at a faster pace in June, figures from the Reserve Bank of New Zealand showed Thursday. M3 money supply, the broadest measure of money supply, rose 5.4 percent year-on-year to NZ$272.5 billion in June. This follows a 5.2 percent rise in May. M3 resident aggregate...

New Zealand June Money Supply Up 5.4% On Year Vs 5.2% Rise In May

Japan June Vehicle Production Up 6.6% On Year


Churchill Downs Q2 Profit Beats View, Nears Management Deal With Saratoga

Churchill Downs Inc. (CHDN) reported net earnings for the second quarter of $57.33 million or $3.21 per share, up from $50.30 million or $2.81 per share for the year-ago quarter. On average, six analysts polled by Thomson Reuters expected the company to earn $3.19 per share for the quarter. Analysts'...

E.W. Scripps And Journal Communications Agree To Merge Broadcast Operations, Spinning Off Newspapers

Platte River Equity Sells The WellMark Company To Dover


Yum! Brands Inc. (YUM) Is Falling On China Concerns

Yum! Brands Inc. (YUM) disclosed after the bell Wednesday that there has been a significant, negative impact to same-store sales at both KFC and Pizza Hut in China over the past 10 days. This is due to improper food handling practices by supplier Shanghai Husi, which has shaken consumer confidence. Yum!...

Hess Q2 Adj. Profit Beats View; Plans Formation, IPO Of MLP

Energy company Hess Corp. (HES) on Wednesday reported a 35 percent decline in profit for the second quarter from last year, reflecting lower revenues and a decline in oil and gas production. Asset sales and extended shutdowns caused by the civil unrest in Libya reduced production. However, adjusted...

Kraft Foods Group Q2 14 Earnings Conference Call At 5:00 PM ET

Kraft Foods Group Inc. (KRFT) will host a conference call at 5:00 PM ET on July 30, 2014, to discuss Q2 14 earnings results. To access the live webcast log on to To listen to the call, dial 888-350-0137 (US) or 970-315-0478 (International) with access code 24944255. For...