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Communications and aviation electronics maker Rockwell Collins, Inc. (COL) reported Tuesday a profit for the third quarter that declined from last year, despite double-digit sales growth, reflecting lower sales at government systems and loss from discontinued operations. However, adjusted earnings...

Level 3 Communications, Inc. (LVLT) Tuesday announced its planned executive management team, pending its announced acquisition of tw telecom. The new team will include executives from both Level 3 and tw telecom, establishing a strong foundation for the company. The acquisition of tw telecom is...

First Merchants Corp. (FRME) and Community Bancshares, Inc. (COMB) have executed a definitive deal, whereby Community Bancshares would merge with and into First Merchants, and its unit, Community Bank, would merge with and into First Merchants Bank, N.A. The merger deal provides that shareholders...

Following its announcement on March 30, precious metals firm Lonmin Plc. (LNMIF.PK, LMI.L) said its Board of Directors decided on July 21 to confirm the appointment, with immediate effect, of Brian Beamish as Chairman of the company. Beamish said, "I will continue to work closely with our Chief Executive...

I.D. Systems, Inc. (IDSY), a provider of wireless M2M asset management solutions, said that it has appointed Norman Ellis as its chief operating officer. Ellis will be responsible for I.D. Systems' customer-facing operations, including sales, marketing, customer service, implementation and support. Before...

Gannett Co., Inc. (GCI), media holding company and parent of the newspaper USA Today, Tuesday reported a rise in second-quarter earnings amid higher revenues as the Belo Corp. acquisition boosted broadcasting revenues. Earnings also topped analysts' estimates. For the three months to June, net earnings...

Synovus Financial Corp. (SNV) reported that its net income available to common shareholders for the second quarter of 2014 was $44.31 million or $0.32 per share, up from $30.72 million or $0.24 per share in the prior year quarter. Excluding restructuring charges of $7.7 million, net income available...

Liberty Property Trust (LPT) said that its funds from operations available to common shareholders for the second quarter of 2014 increased to $88.72 million from $81.78 million in the same quarter last year. Funds from operations for the second quarter were $0.59 per share, compared to $0.66 per share...

MYOS Corp. (MYOS), a developmental-stage biotherapeutics company focused on muscle health and function, Tuesday said male participants taking Fortetropin in a clinical trial showed significantly improved lean body mass as well as increased muscle size when compared with placebo. The various endpoints...

Heartland Express, Inc. (HTLD) Tuesday posted higher earnings for the second quarter, reflecting significant growth in operating revenues. The group posted second-quarter profit of $26.5 million or $0.30 per share, up from $19.1 million or $0.23 per share last year. On average, 13 analysts polled...

Peabody Energy Corp. (BTU) reported that its net loss attributable to common stockholders for the second quarter 2014 was $73.3 million, compared to net income of $90.3 million in the same quarter last year. Net loss was $0.27 compared to net income of $0.33 in the prior year. Loss from Continuing...

McDonald's Corporation (MCD) reported second-quarter net income of $1.39 billion or $1.40 per share, compared to $1.40 billion or $1.38 per share, last year. On average, 25 analysts polled by Thomson Reuters expected the company to report profit per share of $1.44 for the quarter. Analysts' estimates...

Prologis Inc. (PLD), an operator of industrial real estate, Tuesday announced second-quarter 2014 net profit attributable to stockholders of $72.72 million, as against a loss of $1.52 million, in the earlier year quarter. On a per share basis, the company reported $0.13 for the latest quarter, compared...

US pizza chain Domino's Pizza Inc. (DPZ) Tuesday posted higher profit for the second quarter , comprised of strong growth in both same-store sales and global store counts. Earnings per share climbed 17.5 percent year-over-year. The company's net income rose to $38.5 million from $33.3 million last...

Bank holding company FirstMerit Corp. (FMER) Tuesday reported second-quarter earnings that increased due mainly to absence of merge related costs during the period and, to a lesser extent, growth in non-interest income. Earnings, however, fell short of analysts' estimates by a penny. For the three...