logo

Breaking News

Share SHARE

Meridian Bioscience Inc. (VIVO) reported a 2 percent increase in profit for the second quarter from last year on higher revenues. The results for the quarter beat analysts' expectations. In addition, the company reiterated its financial outlook for fiscal 2017. The company's second quarter net...

Barnes & Noble, Inc. (BKS) announced the promotion of Demos Parneros to CEO, and a member of the Board, effective immediately. Leonard Riggio will step down as CEO and remain Chairman of the Board. Parneros has been COO of Barnes & Noble since November 2016. Prior to joining the company, Parneros...

Marcus Corp. (MCS) reported an increase in profit for the first quarter from last year on higher revenues. Results for the quarter beat analysts' estimates. First-quarter net earnings attributable to the company were $9.45 million or $0.33 per share, up from $5.45 million or $0.20 per share in the...

CTS Corp. (CTS) Thursday reported an increase in first quarter net earnings to $8.48 million from $7.86 million last year. On a per share basis, earnings climbed to $0.25 from $0.24 a year ago. Adjusted earnings per share for the quarter was $0.26. On average, analysts polled by Thomson Reuters expected...

BP plc. (BP.L, BP_UN.TO, BP) on Thursday announced that it has agreed to sell its 50% stake in the Shanghai SECCO Petrochemical Company Limited or SECCO to a unit of China Petroleum & Chemical Corp. (SNP) or Sinopec for a total consideration of $1.68 billion. BP will sell the stake to Gaoqiao Petrochemical...

Emcor Group, Inc. (EME) reported an increase in profit for the first quarter from last year on higher revenues. Results for the quarter beat analysts' estimates. Looking ahead to fiscal 2017, the company raised the low end of its earnings outlook range and affirmed its revenue forecast. For the first...

Mead Johnson Nutrition Company (MJN) announced, in view of the proposed merger agreement with Reckitt Benckiser Group plc, it will not be hosting an investor conference call to discuss the first-quarter or subsequent financial results. In addition, given the proposed merger, the company believes the...

Piper Jaffray Co. (PJC) Thursday reported a surge in first quarter net income to $20.275 million from $2.437 million a year ago. On a per share basis, earings climbed to $1.31 from $0.16 last year. On an adjusted basis, earnings were $27.481 million or $1.77 per share. Revenue for the quarter increased...

Water technology company A. O. Smith Corp. (AOS) reported Thursday that its first-quarter net earnings increased to $87.7 million or $0.50 per share from last year's $73.5 million or $0.41 per share. Net sales in the quarter grew approximately 16 percent to $740.0 million from sales of $636.9 million...

Old Dominion Freight Line Inc. (ODFL) reported a 9.1 percent increase in profit for the first quarter from last year on higher revenues. The results for the quarter beat analysts' estimates. The company's first-quarter net income was $65.79 million or $0.80 per share, up from $60.29 million or $0.72...

Surmodics Inc. (SRDX) reported second quarter net income of $506 million, down from $821 million a year ago. On a per share basis, earnings declined to $0.04 from $0.06 last year. On an adjusted basis, earnings were $0.05 per share. The quarterly results were impacted higher expenses. On average,...

Meredith Corp. (MDP), a media and marketing company, reported Thursday that its third-quarter net earnings declined to $39.78 million from $80.90 million last year. Earnings per share were $0.87, compared to $1.79 a year ago. The prior-year results included special gains of $0.87 per share, excluding...

Celgene Corp. (CELG) announced the company now expects 2017 adjusted EPS in a range of $7.15 to $7.30, up from prior guidance range of $7.10 to $7.25. Total revenue guidance is unchanged at $13.0 to $13.4 billion. First-quarter adjusted EPS increased 27 percent to $1.68 from $1.32, last year....

Sirius XM Holdings Inc. (SIRI) said it has acquired Automatic Labs Inc., a San Francisco-based provider of connected vehicle services for consumers and enterprises. The company noted that the acquisition will further strengthen its data collection and analytical tools that will enrich key elements...

Recreational boat and yacht retailer MarineMax Inc. (HZO) reported an increase in profit for the second quarter from last year on double-digit revenue growth. However, earnings per share missed analysts' estimates, while revenue beat their expectations. In addition, the company reiterated its earnings...

Follow RTT