Business News

Alcatel-073015.jpgShares of Alcatel-Lucent SA were gaining around 6 percent in the morning trading in Paris after the French telecom equipment maker reported Thursday a narrower loss in its second quarter benefited by increased revenues and operating margin. The company also said it is now well on track to complete its turnaround by the end of the year.

Shell Q2 Profit Declines, To Cut 6,500 Jobs

European oil giant Royal Dutch Shell Plc. (RDS-B, RDSB.L, RDSA.L, RDS-A) Thursday reported a sharp fall in its profit for the second quarter, hit by the plunge in oil and gas prices. Further, the company said separately that it plans to eliminate 6,500 positions in 2015. The stock gained nearly 3 percent on the London Stock Exchange.

Slovenia Retail Sales Rise In June

Slovenia's retail sales increased in June from a year ago, preliminary figures from the Statistical Office of the Republic of Slovenia showed Thursday. Retail sales volume rose 0.6 percent year-over-year in June. Excluding automotive fuel, sales dropped by 0.7 percent. Sales of food, beverages...

H&H Group To Buy John Swan And Sons In GBP 8.2 Mln Cash Deal - Quick Facts

H&H Group PLC Thursday announced that the company has agreed the terms of a recommended cash acquisition of John Swan and Sons Plc. (SWJ.L), engaged in auctioneers, livestock agents, valuers and estate agents, for 13.50 pounds per share in cash. The cash consideration values the entire issued and to...

Qorvo Inc. (QRVO) Is Sinking After Q1 Report

Qorvo Inc. (QRVO) reported first quarter non-GAAP EPS of $1.09 after the bell Wednesday. The consensus estimate was for EPS of $1.06. Second quarter EPS is expected to be between $1.05 and $1.15. Analysts are expecting EPS of $1.28. The stock is now down 10.34 on 578K shares. Qorvo traded in a range...

VTv Therapeutics Prices IPO At $15.00/shr - Quick Facts

vTv Therapeutics Inc. (VTVT) announced that it has priced its initial public offering of 7.81 million shares of its Class A common stock at a price to the public of $15.00 per share. All of the shares are being offered by the Company. In addition, the Company has granted the underwriters an option...

STAAR Surgical Q2 15 Earnings Conference Call At 4:30 PM ET

STAAR Surgical (STAA) will host a conference call at 4:30 PM ET on July 29, 2015, to discuss its Q2 15 earnings results. To access the live webcast, log on at www.staar.com. To hear the live call, dial 855-765-5684 (For Domestic participants) and 262-912-6252 (Intl), Conference ID 83982418. ...
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