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Allergan Inc. (AGN) Friday filed a lawsuit against Valeant Pharmaceuticals International Inc. (VRX, VRX.TO), Pershing Square Capital Management LP and William Ackman, alleging that they violated federal securities laws prohibiting insider trading, engaged in other fraudulent practices, and failed to...

Italian lender Intesa Sanpaolo S.p.A. (IITSF.PK, ISNPY.PK) on Friday reported an 87 percent surge in profit for the second quarter from last year, reflecting higher net interest income as well as net fees and commission income. These more than offset the negative impact of a retroactive tax rate...

Automaker Ford Motor Co. (F) reported Tuesday that U.S. vehicles sales for the month of July increased 9.6 percent from last year to the best July performance in eight years, boosted by double-digit sales growth for Lincoln brand vehicles. Results also reflected strong sales growth for F-Series pick-up...

Health Care REIT, Inc. (HCN) on Friday reported an increase in funds from operations for the second quarter from last year as well as a turnaround to profit on higher revenues. Normalized FFO for the quarter beat analysts' expectations. Looking ahead to fiscal 2014, the company raised its outlook...

Restaurant chain Bob Evans Farms Inc. (BOBE) said, in a mail to its stockholders, that its Board determined that proposals made by Sandell Asset Management are "short-sighted, unsustainable and not in the best interests of all stockholders." In the letter, Lead Independent Director Michael Gasser...

Crown Media Holdings, Inc. (CRWN) Friday reported second-quarter net income of $15.96 million or $0.04 per share, down from $16.52 million or $0.05 per share in the prior year. The operator of pay television networks posted revenues of $97.35 million, up 9% from $89.48 million a year ago. Advertising...

Global payment services provider MoneyGram International, Inc. (MGI) reported Friday a profit for the second quarter that increased from last year, reflecting revenue growth and a gain from securities settlements. However, adjusted earnings per share missed analysts' expectations, while quarterly...

Detroit-based automaker General Motors Co. (GM) said its dealers have delivered 256,160 vehicles in the U.S. in the month of July, with total sales up 9 percent year-over-year. Monthly retail sales, ie. vehicles sold to individual buyers, grew by 4 percent. Commercial deliveries advanced by 69 percent,...

Nissan Group (NSANF.PK, NSANY.PK) said that total U.S. sales for July 2014 were 121,452 vehicles, an increase of 11.4 percent over the prior year's 109,041 vehicles. Total car sales for the month grew 18.1% to 80,586 units, from 68,240 units in the same month last year. Total truck sales edged down...

Audi of America (AUDVF.PK) reported that its July sales increased 11.9% to 14,616 vehicles. Audi U.S. sales year-to-date increased 13.3% to 98,965 vehicles. Audi said it has maintained steady momentum throughout 2014, with the best-ever July results following record sales for the first half of the...

Burger King Worldwide, Inc. (BKW) Friday reported higher second-quarter profit, helped mainly by lower operating expenses. The operator of fast food hamburger restaurants said its results also reflected comparable sales growth across all four regions and increased restaurant openings. Adjusted earnings...

Ford Motor Company (F) reported July U.S. sales of 212,236 vehicles; an increase of 9.6 percent over a year ago. Retail sales were 162,028 vehicles; an increase of 7 percent. John Felice, Ford vice president, U.S. Marketing, Sales and Service, said: "July proved to be a very good month for Ford and...

Food retailer Weis Markets, Inc. (WMK) Friday said second-quarter net income declined to $12.8 million from $24.2 million in the prior year. Earnings per share were $0.48 compared to $0.90 per share in 2013. Sales increased 4.5 percent to $691.9 million from last year's $662.07 million. Comparable...

Starwood Hotels & Resorts Worldwide, Inc. (HOT) Friday said its Board of Directors has approved a new $1.1 billion share repurchase authorization. Including around $400 million remaining under the prior authorization, Starwood's total share repurchase authorization is now approximately $1.5 billion. Starwood...

FCB Financial Holdings, Inc. (FCB) Friday announced an initial public offering of 7.52 million shares of Class A common stock for $22.00 per share. Among the total shares sold, 4.55 million shares are being sold by the company and 2.96 million shares by certain selling stockholders. The group has...