Breaking News

Share SHARE

Technical consultancy services provider Jacobs Engineering Group Inc. (JEC) reported that its third quarter net earnings attributable to Jacobs declined to $64.84 million or $0.49 per share from $108.87 million or $0.83 per share in the prior year quarter. On average, 21 analysts polled by Thomson...

Regional malls owner General Growth Properties, Inc. (GGP) reported Monday that funds from operations or FFO for the second quarter increased 12 percent from last year, reflecting improved revenues amid higher tenant sales. FFO per share and quarterly revenues came in above analysts' expectations....

Cruise line operator Norwegian Cruise Line (NCLH) reported Monday a profit for the second quarter compared to a loss last year, boosted by double-digit growth in revenues. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. The company also issued...

Oil and gas company Range Resources Corp. (RRC) on Monday reported a 19 percent increase in profit for the second quarter from last year, reflecting higher production and a one-time gain. However, both revenue and adjusted earnings per share for the quarter missed analysts' expectations. Looking ahead,...

Shares of HealthSouth Corp. (HLS) surged nearly nine percent in extended trading on Monday after the hospitals operator reported results for the second quarter that topped analysts' expectations. The company also raised earnings forecast for the full-year 2014. However, the company reported a profit...

Industrial products maker Crane Co. (CR) on Monday reported a 9 percent increase in profit for the second quarter from last year on double-digit revenue growth that helped offset higher one-time charges. However, adjusted earnings per share for the quarter missed analysts' expectations by a penny, while...

DreamWorks Animation SKG Inc. (DWA) said Monday that former Walt Disney Co. (DIS) executive Mark Zoradi will join the company as Chief Operating Officer. Current COO Ann Daly will be elevatd to President of the company, and Lew Coleman will assume the role of Vice-Chairman in addition to his current...

Advent Software Inc. (ADVS) on Monday posted a profit for the second quarter, turning around from a loss last year, driven largely by revenue growth and lower operating costs. San Francisco, California-based Advent Software's second-quarter profit was $12.6 million or $0.24 per share, compared to...

Targacept Inc (TRGT) said Monday it is discontinuing further development of TC-5214 in overactive bladder, after a Phase 2b study showed that episodes of urinary incontinence failed to achieve statistical significance. Following the announcement, Targacept shares dropped about 24 percent in after-hours...

Amkor Technology Inc (AMKR), a semiconductor packaging and test services provider, Monday reported a higher second-quarter profit, led by a 3 percent climb in sales along with better margins. Earnings, however, missed Wall Street estimates, while sales exceeded expectations. Amkor provided strong...

Virgin America Inc. on Monday filed a registration statement on form S-1 with the U.S. Securities and Exchange Commission for an initial public offering of shares of its common stock. The company did not reveal the number of shares it plans to offer nor the price range in the filing. According...

Crane Co (CR), a maker of engineered industrial products, Monday reported second-quarter net net income attributable to common shareholders of $59.7 million or $1.00 per share, compared to $54.9 million or $0.93 per share in the comparable quarter last year. Excluding items, adjusted earnings for...

KaloBios Pharmaceuticals, Inc. (KBIO) said Monday that it has reached an agreement with Sanofi Pasteur, the vaccines division of Sanofi (SNY), to regain all rights to KaloBios' KB001-A program. Under the agreement, the collaboration and licensing agreement entered into in 2010 has been terminated....

American National Insurance Co. (ANAT) Monday reported second-quarter profit of $57.3 million or $2.12 per share, down from $58.2 million or $2.16 per share in the same period last year. After-tax operating income for the latest second quarter was $43.5 million or $1.61 per share, up from $31.1 million...

Cognex Corp (CGNX) Monday reported a 54 percent increase in second-quarter profit, helped by double-digit sales growth, with results topping Wall Street estimates. Moving ahead, Cognex provided strong revenue guidance for the third quarter, sending its shares up 16 percent in after-hours trade on...