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Contract driller Rowan Companies Plc (RDC) on Friday reported a loss for the fourth quarter as strong revenue growth was more than offset by higher impairment charges. However, adjusted earnings per share for the quarter matched analysts' expectations, while revenues beat their estimates. The Houston,...

Gold prices were little changed Friday morning after a better-than-expected U.S. GDP report raised speculation of an interest rate hike from the Federal Reserve mid-year. Federal Reserve Bank of Atlanta President Dennis Lockhart said this morning in the Wall Street Journal that a rate hike is on the...

Stoneridge, Inc. (SRI) reported a fourth-quarter net loss of $26.55 million or $0.99 per share, compared to net income of $0.20 million or $0.01 per share in the prior-year quarter. Loss from continuing operations was $24.86 million or $0.92 per share, compared to income of $3.49 million or $0.12...

Swiss pharmaceutical giant Novartis AG (NVS) said Friday that its shareholders approved all resolutions proposed by the company's board of directors, including election of all board members who stood for re-election and a 6 percent increase in the dividend for 2014. Shareholders also approved revisions...

Allergan Inc. (AGN) announced that it has received approval from the U.S. Food and Drug Administration or FDA to market Natrelle Inspira round gel-filled smooth breast implants. The Natrelle Inspira line is different from other available breast implant styles as it has a higher fill ratio that provides...

Icahn Enterprises L.P. (IEP) reported that its fourth-quarter net loss attributable to the company allocable to Limited partners was $469 million, compared to net income of $218 million in the prior year. Loss per LP unit was $3.84 compared to net income of $1.90 in the previous year. Adjusted loss...

Rowan Companies plc (RDC) reported net loss for the fourth quarter of $326.9 million or $2.63 per share, compared to net income of $49.7 million or $0.40 per share in the year-ago period. The latest quarter includes a non-cash asset impairment charge of $438.4 million, after tax, or $3.53 per share,...

Novartis (NVS) said that more than 98% of its shareholders followed the Board of Directors' recommendations for all proposed resolutions at the Group's Annual General Meeting. The company noted that shareholders approved the eighteenth consecutive dividend increase per share since the creation of...

NorthStar Realty Finance Corp. (NRF) reported Cash available for distribution or CAD of $110.3 million, or $0.44 per share for the fourth quarter 2014. Net loss to common stockholders for the quarter widened significantly to $116.5 million, or $0.47 per share, from a $10.42 million or $0.08 per share...

Hospitality Properties Trust (HPT) Thursday said fourth-quarter Funds from operations or FFO were $130.5 million or $0.87 per share, compared to $105.0 million or $0.72 per share in the prior year period. Normalized FFO per share increased to $0.81 from $0.70 in the prior year. Net income available...

Actavis plc (ACT), a global specialty pharmaceutical company, and Medicines360, a nonprofit women's health pharmaceutical company, today announced the approval of LILETTA by the U.S. Food and Drug Administration or FDA for use by women to prevent pregnancy for up to three years. LILETTA is placed in...

Crude oil prices turned higher Friday, but remained on track for a significant weekly loss, amid signs that OPEC will continue production at current levels. Saudi Arabia and the big oil producers in the OPEC cartel refuse to call an emergency meeting to deal with the recent collapse in oil prices. A...

Libbey Inc. (LBY) reported fourth-quarter net income of $19.76 million or $0.88 per share, up from $9.29 million or $0.42 per share in the year-ago period. Adjusted earnings for the latest quarter were $0.53 per share, compared with $0.58 per share in the comparable quarter last year. On average,...

PNM Resources, Inc. (PNM) reported fourth-quarter net earnings of $18.99 million or $0.24 per share, up from $7.65 million or $0.10 per share in the year-ago period. Excluding certain items, ongoing earnings for the quarter were $19.46 million or $0.24 per share, compared with $16.68 million or $0.21...

Printing machines maker Heidelberger Druckmaschinen AG (HBGRF.PK) said the management and the company's employees reached agreement on reorganizing the company pension scheme. In the future, the final salary pension will be replaced by a contribution-based capital commitment. The associated effect...

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