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Michael Dell is likely to trim his portfolio by selling his corporate gardening company ValleyCrest to KKR-backed Brickman, The Financial Times reported. A deal, which is not certain, may fetch around $1 billion. ValleyCrest is owned by MSD Capital, Dell's family investment office, which acquired...

Technicolor (THNRF.PK, TCLRY.PK), a technology-driven media and entertainment company based in France, Friday reported first-quarter group revenues of 744 million euros compared to 775 million euros in the prior year. Group revenues, excluding legacy activities, fell 1.7 percent to 738 million euros...

The Federal Housing Finance Agency or FHFA, as conservator of Fannie Mae and Freddie Mac, Thursday announced a settlement with Barclays Bank PLC (BARC.L, BCS), related companies and some individuals for $280 million. The settlement resolves claims, in two lawsuits, alleging violations of federal...

VCA Antech, Inc. (WOOF), an animal healthcare company, Thursday reported first-quarter earnings that met Wall Street expectations, even as revenue missed estimates. The company reaffirmed the annual guidance provided in February. Net income attributable to VCA Antech improved to $34.04 million from...

Medical devices maker Edwards Lifesciences Corp. (EW) reported Thursday a profit for the first quarter that plunged from last year, which included a hefty gain related to ongoing U.S. Andersen patent litigation. However, adjusted earnings per share topped analysts' expectations, while quarterly revenues...

KLA-Tencor Corp. (KLAC), a provider of process control and yield management solutions, on Thursday reported a 22 percent increase in profit for the third quarter from last year, reflecting fewer charges and higher revenues. Both revenue and adjusted earnings for the quarter beat analysts' estimates. However,...

Apparel marketer HanesBrands Inc. (HBI) on Thursday reported a 19 percent decline in profit for the first quarter from last year as higher sales were offset by acquisition and integration charges. However, adjusted earnings per share beat analysts' expectations, while revenues missed their estimates....

Programmable chip maker Altera Corp. (ALTR) reported Thursday a profit for the first quarter that edged down from last year, despite improved operating margin and sales growth, hurt by income tax expense. However, both earnings per share and quarterly sales topped analysts' expectations. The company...

Data integration software provider Informatica Corp. (INFA) on Thursday reported a 39 percent increase in profit for the first quarter from last year, boosted by double-digit growth in software revenue. Both revenue and adjusted earnings beat analysts' estimates. The company's shares gained more than...

Solar power products company SunPower Corp. (SPWR) reported Thursday a profit for the first quarter compared to a loss last year, primarily reflecting significantly improved gross margins and revenue growth. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The...

Footwear and apparel maker Deckers Outdoor Corp. (DECK) on Thursday reported a loss for the three-month transition period ending March 31 as higher sales and margins were offset by an increase in expenses. However, loss per share for the quarter came in narrower than analysts' expectations and revenues...

Shares of Baidu, Inc. (BIDU) increased nearly five percent in extended trade on Thursday after the Chinese Internet search giant reported profit for the first quarter that topped analysts' expectations. The company also provided revenue forecast for the second quarter, above Street view. The company...

Oilfield services provider Weatherford International Ltd. (WFT) on Thursday reported a loss for the first quarter, reflecting lower revenues and higher one-time charges. However, adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. Looking ahead,...

Semiconductor company Cirrus Logic, Inc. (CRUS) reported Thursday a profit for the fourth quarter that declined from last year, reflecting lower audio product sales and a drop in operating margins amid higher expenses. However, both adjusted earnings per share and quarterly revenues topped analysts'...

Chip maker Broadcom Corp. (BRCM) on Thursday reported a 14 percent decline in profit for the first quarter from last year, reflecting lower revenues and higher expenses. However, both revenue and adjusted earnings for the quarter beat analysts' expectations. Looking ahead, the company forecast revenue...