Business News

Renault-021216.jpgFrench car maker Renault SA reported Friday higher profit in its fiscal 2015, with strong growth in automotive profit and revenues. The company announced higher dividend. Looking ahead, for fiscal 2016, Renault expects to increase group revenues at constant exchange rates and improve group operating margin.

AEGR Lays Off 25% Staff, INCY Discontinues Ruxolitinib Trials, ZBH Gets FDA Nod

Aegerion Pharmaceuticals Inc. (AEGR) is reducing approximately 25% of its global workforce, as part of the company's broad program to rein in operating expenses and extend its cash position.

Ahead Of Agilent Technologies' Q1 Results

Scientific instruments maker Agilent Technologies Inc.'s (A) results over the past three quarters propels it to deliver on this longer-term operating margin expansion commitment. The company's first-quarter results are due to released after the bell on Tuesday, February 16, 2016.

Latvia Current Account Turns To Surplus In December

Latvia's current account balance turned to a surplus in December from a deficit in the previous year, figures from the Latvian Central Bank showed Friday. The current account balance showed a surplus of EUR 27.08 million in December against a deficit of EUR 88.37 million a year earlier. The goods...

Segro Confirms Talks With Roxhill Regarding Possible Arrangement - Quick Facts

Segro Plc. (SGRO.L), a real estate investment trust, Friday confirmed that it is in discussions regarding a possible arrangement with Roxhill Developments. Responding to recent media comment regarding a possible transaction with Roxhill, SEGRO said the arrangement, should it be agreed, will enable...

Flowers Foods Inc. (FLO) Dropped To A New Low After Q4 Earnings Disappoint

Flowers Foods Inc. (FLO) reported fourth quarter EPS of $0.16 after the bell Wednesday, down from $0.20 in the previous year. The consensus estimate was for EPS of $0.21. Flowers Foods gapped open sharply lower Thursday morning, but was range-bound throughout the session. Shares finished with a loss...

IPO Watch: Advanced Disposal The Latest To Postpone

Advanced Disposal Services Inc. joins the growing list of companies to postpone their initial public offering amid the volatility in stock markets.

American International Group Q4 15 Earnings Conference Call At 8:00 AM ET

American International Group, Inc. (AIG) will host a conference call at 8:00 AM ET on February 12, 2016, to discuss Q4 15 earnings results. To access the live webcast log on to http://www.aig.com/Presentations-and-Speeches_3171_438008.html
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