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Air bag manufacturer Takata (TKTDF.PK) said that on June 2, 2015 a U.S. congressional hearing was held by the House Committee on Energy and Commerce with regard to Takata airbag ruptures and recalls. Kevin Kennedy, Executive Vice President of North America TK HOLDINGS INC., presented a written testimony. Kennedy...

Hewlett-Packard Co.' (HPQ) Chief Executive Meg Whitman highlighted new strategy for Hewlett-Packard Enterprise that will focus on four areas the company will use to align its products and services offerings. The new company, Hewlett-Packard Enterprise, will highlight products built around concepts...

Boeing (BA) said that it has started building the first 737 MAX on schedule. Last week, employees started to assemble the wings for the first 737 MAX flight test airplane. Wings are the first 737 components to be assembled in the Renton production process. Machine operators loaded 737 MAX wing skin...

Synchronoss Technologies Inc. (SNCR) is working with investment bank Qatalyst Partners on a possible sale that could be valued at more than $2 billion, the Wall Street Journal reported on Tuesday, quoting people familiar with the matter. The report said that Synchronoss has drawn interest from a number...

Ferrellgas Partners L.P. (FGP) on Tuesday said it has priced its public offering of about 6.33 million common units representing limited partner interests in FGP at a price to the public of $23.00 per unit. FGP has granted the underwriters a 30-day option to purchase up to an additional 948,750 common...

Endo International plc (ENDP, ENL.TO) on Tuesday said it has commenced an underwritten public offering of $1.75 billion of ordinary shares. All ordinary shares in the offering are to be sold by Endo. The company will also grant to the underwriters of the offering an option, exercisable for a period...

Apparel maker G-III Apparel Group Ltd. (GIII) Tuesday reported an increase in profit for the first quarter, reflecting strong sales growth, with earnings and revenues trumping estimates. The company also lifted its forecast for the full-year 2016, sending its shares up about 7 percent in the after-hours...

Clothing retailer Ascena Retail Group Inc. (ASNA), Tuesday reported a drop in profit for the third quarter, hurt largely by higher operating costs that offset a mediocre revenue growth and stronger margins. Both earnings and revenues for the quarter fell short of Wall Street estimates. Suffern, New...

Financial services provider Canaccord Genuity Group Inc (CF.TO, CF.L) on Tuesday reported fourth-quarter net loss of C$30 million or C$0.33 per share compared with a profit of C$25.9 million or C$0.22 per share last year. Excluding items, adjusted earnings for the quarter were C$0.05 per share compared...

ABM Industries Inc (ABM), a provider of facility solutions, on Tuesday reported second-quarter net earnings of $18.3 million or $0.32 per share compared with $15.2 million or $0.27 per share last year. Excluding items, adjusted earnings for the quarter were $0.37 per share compared with $0.33 per...

Oil and gas company Cimarex Energy Co (XEC) on Tuesday said its Chief Financial Officer Paul Korus will retire on or before September 1. Cimarex said that Koris will be succeeded by Mark Burford, effective as of Korus' retirement. Burford joined Cimarex in 2005 and is currently serving as vice...

NiSource Inc (NI) on Tuesday said its board has approved the separation of Columbia Pipeline Group ("CPG") from it through a distribution of CPG common stock to NiSource shareholders. In connection with the board's approval, NiSource confirmed the distribution ratio, record date and distribution...

Guidewire Software, Inc. (GWRE), a provider of software products for property and casualty insurers, reported a net loss for the third quarter of $3.0 million or $0.04 per share, compared to a net loss of $1.9 million or $0.03 per share for the year-ago quarter. Excluding items, adjusted net income...

Semiconductor company Ambarella Inc (AMBA) on Tuesday reported first-quarter net earnings of $18.9 million or $0.56 per share compared with $5.3 million or $0.17 per share last year. Excluding stock-based compensation expense, adjusted earnings for the quarter were $0.71 per share compared with $0.25...

Fashion house Guess? Inc (GES) on Tuesday reported first-quarter net earnings of $3.3 million or $0.04 per share compared with a loss of $2.1 million or $0.03 per share last year. Revenues for the quarter were down 8% at $478.8 million compared with $522.5 million in the prior year. Analysts polled...

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