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France-based geoscience company CGG (CGG) Friday said it will transfer its North American Land Contract assets and activities to Geokinetics Inc.(GOKN, GOKN.OB),an independent international land and shallow water seismic company. This combination is likely to place Geokinetics as a market leader...

German chemical group Wacker Chemie AG's (WKCMY.PK, WKCMF.PK) second-quarter 2014 net income climbed year-over-year to 29.4 million euros, from 15.1 million euros, with earnings per share surging to 0.64 euros, from 0.27 euros, in the prior-year period. For the quarter, earnings before interest, taxes,...

German lubricants maker Fuchs Petrolub AG (FUPEF.PK) reported Friday that its first-half earnings after tax declined 2 percent to 105 million euros from last year's 108 million euros. Due to the share buyback program, earnings per share remained at the previous year's level of 0.75 euro per ordinary...

French insurer AXA (AXAHY.PK) reported Friday that its net income for the half year grew 25 percent to 3.0 billion euros. In the half year, adjusted earnings rose 8 percent to 3.1 billion euros and underlying earnings were up 11 percent at 2.8 billion euros. For the first half, the group's total...

French lender Societe Generale SA (SCGLF.PK, SCGLY.PK) posted higher Group net income of 1.03 billion euros for the second quarter of 2014, compared with 955 million euros, last year. When corrected for non-economic items such as revaluation of own financial liabilities and DVA, Group net income was...

Steel giant ArcelorMittal (MT) Friday said second-quarter net income attributable to equityholders of the parent was $52 million or $0.03 per basic share, compared to a loss of $780 million or $0.44 per basic share last year. Earnings Before Interest, Tax, Depreciation and Amortization or EBITDA was...

French utility GDF Suez SA (GDFZY.PK, GDSZF.PK) on Thursday reported a 51 percent increase in profit for the first half of 2014 as results benefited from a revaluation gain, while the prior-year period was impacted by an asset impairment charge. However, revenues for the latest period declined from last...

Shares of YRC Worldwide, Inc. (YRCW) plunged more than nine percent in extended trading on Thursday after the transportation company reported a loss for the second quarter that came in significantly wider than analysts' expectations. However, net loss for the quarter sharply narrowed from last year,...

Brazilian mobile telecommunications services provider TIM Participações S.A. (TSU) said first-half net income totaled R$737.7 million, up 6.7 percent from last year. The company said second-quarter net revenues of "business generated", outgoing+VAS, grew by 7 percent from last year. Gross Data...

Red Tiger Mining Inc. late Thursday reported a net loss of $59,460 or $0.00 per share for the three months ended March 31, 2014, compared to a loss of $5.12 million last year. Production costs declined to $4.06 million from $6.86 million last year. Copper sales were $10.96 million at an average...

General Electric Co. (GE) Thursday said it successfully executed the Initial Public Offering of its North American Retail Finance business, Synchrony Financial (SYF). In a statement, GE's Chairman and CEO Jeff Immelt said, "The Synchrony offering is an important first step in our planned, staged exit...

Amid media speculation, French telecoms operator Iliad SA on Thursday confirmed its interest to acquire a big chunk of T-Mobile US, Inc. (TMUS). Iliad said it has made an indicative proposal to the board of directors for T-Mobile US, offering $33.0 per share or $15 billion in cash for 56.6 percent of...

Engineering and construction company Fluor Corp. (FLR) reported a 52 percent decline in profit for the second quarter from last year on a double-digit decline in revenues as well as a one-time charge. However, earnings per share from continuing operations for the quarter beat analysts' expectations,...

Kidney dialysis centers operator DaVita HealthCare Partners, Inc. (DVA) reported Thursday a profit for the second quarter that decline from last year, despite improved operating margins and revenue growth, reflecting higher expenses and charges. However, both adjusted earnings per shared and quarterly...

Solar power products company SunPower Corp. (SPWR) on Thursday reported a 28 percent decline in profit for the second quarter from last year on a double-digit decline in revenues. However, adjusted earnings per share for the quarter beat analysts' expectations while revenues missed their estimates....