Breaking News

Share SHARE

Apple Inc. (AAPL) said Tuesday that it updated MacBook Pro with Retina display with faster processors, double the memory in both entry-level configurations, and a new, lower starting price for the top-of-the-line 15-inch notebook. MacBook Pro with Retina display features a high-resolution display, 0.71-inches...

Iconix Brand Group, Inc. (ICON) reported second-quarter net income attributable to company of approximately $35.3 million, compared to $38.7 million in the prior year quarter. GAAP EPS was $0.60 compared to $0.66, prior year. On a non-GAAP basis, net income attributable to Iconix was $39.6 million, or...

Kindred Healthcare, Inc. (KND) Tuesday reiterated its commitment to its proposed combination with Gentiva Health Services, Inc. (GTIV). As announced on July 21, Kindred is willing to enter into a negotiated agreement to acquire all of the outstanding shares of Gentiva for $17.25 per share in cash,...

Real estate investment trust UDR, Inc. (UDR) Tuesday reported second-quarter net income attributable to stockholders of $29.08 million or $0.12 per share, significantly higher than $4.26 million or $0.02 per share in the previous year. Funds from Operations, or FFO increased to $102.11 million or...

Fresh Del Monte Produce Inc. (FDP) Tuesday posted higher earnings for the send-quarter, reflecting 11 percent increase in net sales. The company's net income rose to $64.3 million or $1.15 per share from $62.0 million or $1.10 per share a year ago. On a comparable basis, the group earned $1.19...

Ally Financial Inc. (ALLY) Tuesday reported GAAP net income of $323 million, or $0.54 per share, for the second quarter 2014, versus a loss of $927 million, or $2.73 per share, in the same period last year. On an adjusted basis, earnings per share for the recent quarter totaled $0.42. On average, 11...

Health supplements retailer GNC Holdings Inc. (GNC) Tuesday reported a slight drop in net earnings as well as revenues for the second quarter, as declines in franchise and manufacturing businesses offset increases in retail revenues. In addition, both earnings and revenues missed analysts' estimates....

Oplink Communications, Inc. (OPLK), a provider of optical communication components, intelligent modules and subsystems, Tuesday announced a series of initiatives to further enhance shareholder value. The initiatives include the company's intent to evaluate strategic alternatives for its Oplink Connected...

Reynolds American Inc. (RAI) reported that its second-quarter net income increased to $492 million from the prior year's $461 million, with earnings per share improving to $0.92 from $0.84 last year. Adjusted earnings per share were $0.89, up from the previous year's $0.84, as higher cigarette and...

Martin Marietta Materials, Inc. (MLM) reported that its second-quarter net earnings attributable to company increased to $59.5 million or $1.27 per share, from $41.3 million or $0.89 per share, last year. Adjusted earnings per share was $1.34, for the quarter. On average, 13 analysts polled by Thomson...

The U.S. Food and Drug Administration or FDA performed a general GMP inspection and a Pre-Approval Inspection for RYTARYTM at Impax Laboratories, Inc.'s (IPXL) Taiwan manufacturing facility from July 21 to July 26, 2014. As a result of the inspection, the FDA issued a Form 483 with 10 inspectional observations....

Arrow Electronics, Inc. (ARW) Tuesday posted an increase in its second-quarter earnings to $127.9 million or $1.27 per share from $89.9 million or $0.86 per share last year. Excluding certain items, the company earned $144.3 million or $1.43 per share. On average, 11 analysts polled by Thomson-Reuters...

Rayonier Inc. (RYN), a real estate investment trust, reported Tuesday that its second-quarter net income attributable to the company was $18 million or $0.14 per share, compared to $87 million or $0.67 per share in the prior year period. The latest results included $12 million of net income from discontinued...

Cleaning and pest-control service provider Ecolab Inc. (ECL) Tuesday said second-quarter net income attributable to the company improved to $311.4 million from $213.1 million in the prior year. Earnings per share advanced to $1.02 from $0.69. Adjusted earnings per share were $1.03, while it totaled...

IPG Photonics Corporation (IPGP) reported second-quarter net income attributable to company of $48.3 million or $0.92 per share, compared to $41.7 million or $0.80 per share, last year. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.85 for...