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Car and equipment rental firm Hertz Global Holdings, Inc. (HTZ) said it has decided to withdraw its financial guidance for full year 2014, citing potential revisions related to ongoing accounting review. The shares fell more than 12 percent in the morning trade. Hertz noted that the Audit Committee...

InterContinental Hotels Group Plc (IHG, IHG.L) Wednesday announced the appointment of Jolyon Bulley to the position of Americas Chief Operating Officer, or COO. He will be responsible for leading the operations for IHG's portfolio of more than 3,600 hotels, as well as further strengthening IHG's existing...

Investment management firm Eaton Vance Corp. (EV) reported Wednesday a profit for the third quarter more than tripled from last year, reflecting improved operating margins and revenue growth. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. "Eaton Vance again...

China-based real estate services provider E-House (China) Holdings Ltd (EJ) on Wednesday reported a profit for the second quarter that more than doubled from last year, reflecting strong revenue growth and fewer charges. Adjusted earnings per share for the quarter matched analysts' expectations, while...

Raven Industries Inc. (RAVN) Wednesday said second-quarter net income slipped to $7.7 million, or $0.21 per share, from $8.3 million, or $0.23 per share last year. Sales grew to $94.5 million from $93.4 million in the prior-year second quarter. Sales rose 14 percent in the Engineered Films division,...

GasLog Ltd. (GLOG), a Monaco-based operator of liquefied natural gas carriers, on Wednesday reported an 83 percent plunge in profit for the second quarter from last year as strong revenue growth was more than offset by loss on swaps and higher expenses. Nevertheless, both revenue and adjusted earnings...

SandRidge Energy, Inc. (SD) announced the resignation of David Lawler, Executive Vice President and Chief Operating Officer. The company has promoted Craig Johnson, Senior Vice President of Development for Oklahoma, to Executive Vice President of Operations. Lawler will remain engaged in his current...

Macy's, Inc. (M) said Wednesday that it has reached resolution with the New York State Office of the Attorney General related to allegations of racial profiling in its stores in New York. It also has settled in principle various lawsuits related to these allegations. In addition, New York Attorney...

Eaton Vance Corp. (EV) reported that its third-quarter net income to shareholders increased to $77.94 million or $0.63 per share from $23.20 million or $0.18 per share, last year. Adjusted net income to shareholders was $77.88 million or $0.63 per share, for the quarter. On average, 13 analysts polled...

Madison Square Garden Co. (MSG) Wednesday reported a fall in the fourth-quarter profit, hurt by higher operating expenses. Revenues, however, climbed 10 percent and beat analysts' estimates, mainly due to revenue growth in MSG Entertainment and MSG Sports segments. For the fourth quarter, the company's...

Fusion Telecommunications International, Inc. (FSNN) Wednesday reported second-quarter net loss applicable to stockholders of $2.91 million or $0.42 per share, compared to a net income of $1.59 million or $0.30 per share in the prior year. The company said the difference in result was largely attributable...

Asta Funding, Inc. (ASFI) Wednesday said third-quarter net income was $5.46 million or $0.41 per share for the three month period ended June 30, 2014, compared to a net loss of $2.74 million or $0.21 per share last year. The firm recorded forgiveness of debt of about $26.1 million in the just concluded...

Gramercy Property Trust Inc. (GPT), a real estate investment trust, Wednesday said it closed the acquisition of an approximately 187,000 square foot cold storage facility and dry warehouse located in Arlington Heights, Illinois. The facility was acquired all-cash for a purchase price of around $19.1...

Specialty apparel retailer American Eagle Outfitters, Inc. (AEO) Wednesday reported a drop in net earnings as well as revenues for the second quarter. Nevertheless, both earnings and revenues topped analysts' estimates. Revenue from new stores nearly offset a 7 percent decline in comparable sales,...

Organic and natural foods company Hain Celestial Group Inc. (HAIN) reported Wednesday higher profit in its fourth quarter with strong growth in net sales. Adjusted earnings per share as well as top line beat market estimates. The company also provided forecast for fiscal 2015, with sales expected to...