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State Street agreed to pay $530 million to settle allegations that it deceived some of its custody clients when providing them with indirect foreign currency exchange service. State Street Bank and Trust Company, a Massachusetts-based financial institution, agreed to pay a total of at least $382.4...

Boston Properties, Inc. (BXP), a real estate investment trust, has updated its projected EPS for the full year 2016 to $3.04 - $3.11 per share from $3.00 - $3.10 per share. In addition, the company has updated its projected guidance for FFO per share for the full year 2016 to $5.92 - $5.99 per share...

Range Resources Corp. (RRC) announced, production for the entire 2016 year remains at the high-end of previous guidance to average 1,410 to 1,420 Mmcfe per day after all announced asset sales. Production for the third quarter of 2016 is expected to be approximately 1,430 Mmcfe per day with 32% to 35%...

USANA Health Sciences, Inc. (USNA) announced, for 2016, the company expects earnings per share between $7.90 and $8.20, compared to prior guidance of $7.60 to $8.15. The company expects consolidated net sales between $1.02 billion and $1.05 billion, which is unchanged. Analysts polled by Thomson Reuters...

NCR Corp. (NCR) announced the company now expects 2016 revenue to be $6.325 billion to $6.400 billion, compared to previous guidance of $6.25 billion to $6.35 billion. The company continues to expect non-GAAP earnings per share to be $2.90 to $3.00. Analysts polled by Thomson Reuters expect the company...

Edwards Lifesciences Corp. (EW) announced, for the full year 2016, the company now expects sales to be at the high end of its previous $2.7 to $3.0 billion range based on its strong first half results, an anticipated third quarter approval of intermediate risk in the U.S., and the momentum of therapy...

UDR (UDR) tightened and increased FFO as adjusted and AFFO per share guidance to $1.77 to $1.80 from $1.75 to $1.81 and $1.61 to $1.64 from $1.59 to $1.65, respectively. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.78. Analysts' estimates typically exclude special...

LogMeIn, Inc. (LOGM) and Citrix Systems, Inc. (CTXS) announced a definitive merger agreement for LogMeIn to combine with Citrix's GoTo business in a Reverse Morris Trust transaction, valued at approximately $1.8 billion. Citrix equityholders will receive an aggregate of approximately 27.6 million LogMeIn...

LVMH Moët Hennessy Louis Vuitton, (LVMUY.PK) the world's largest maker of luxury goods, reported net profit of €1.71 billion for the first half of 2016, up 8% from €1.58 billion in the first half of 2015. Profit from recurring operations for the first half of 2016 was €2.96 billion, same as last year. Total...

FCA US announced that it will invest $1.48 billion in its Sterling Heights Assembly Plant to retool it to build the next generation Ram 1500 and support the future growth of the Ram brand. The Company also confirmed that production of the Chrysler 200 will end in December 2016 in order to begin the...

Tower International, Inc. (TOWR) reported second-quarter income per share from continuing operations of $0.71 compared to $0.89, prior year. From continuing and discontinued operations, the company reported a net loss of $4.8 million or a loss of 23 cents per share, compared with net income of $18.6...

Bristol-Myers Squibb Co. (BMY) announced Tuesday a new clinical research collaboration with Janssen Biotech, Inc. in Immuno-Oncology focused on lung cancer. The companies would evaluate Bristol-Myers' Immuno-Oncology or I-O agent Opdivo (nivolumab) and Janssen's Live Attenuated Double-Deleted or...

Sonic Automotive Inc. (SAH) Tuesday announced second quarter net income of $22.822 million, up from $14.78 million in the prior year. On a per share basis earnings increased to $0.50 from $0.29 per share last year. On average, 11 analysts polled by Thomson Reuters expected the company to record $0.50...

FIS (FIS), a global leader in financial services technology, announced, for fiscal 2016, the company now expects: Organic revenue growth of 4 to 5 percent, up from prior guidance of 3 to 4 percent; and adjusted EPS of $3.75 to $3.85, up from prior guidance of $3.70 to $3.80. Analysts polled by Thomson...

JetBlue Airways Corp. (JBLU) reported Tuesday that its second-quarter net income climbed 18.5 percent to $180 million or $0.53 per share from last year's $152 million or $0.44 per share. On average, 12 analysts polled by Thomson Reuters expected earnings of $0.49 per share for the quarter. Analysts'...

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