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European semiconductor company STMicroelectronics NV (STM) reported Wednesday that its second-quarter net income attributable to parent company was $38 million, compared to prior year's loss of $152 million. Earnings per share was $0.04, compared to a net loss of $0.17 in the year-ago quarter. The...

German car giant Daimler AG (DDAIF.PK) reported earning significantly lower net profit of 2.2 billion euros, or 1.97 euros a share, in the second quarter 2014, compared with 4.6 billion euros, or 2.65 euros a share, last year. Net income in the prior-year quarter was positively affected by the sale of...

French speed-train maker Alstom SA (AOMFF.PK, ALS.L) Wednesday reported first-quarter sales of 4.341 billion euros, compared to 4.536 billion euros last year. Prior-year figures have been restated. While actual sales decline was 4 percent, organically sales slipped 1 percent affected by the lower...

ABB Ltd (ANN.L, ABB) reported second-quarter income from continuing operations before taxes of $985 million, compared to $1.12 billion, previous year. Net income attributable to shareholders decreased to $636 million or $0.28 per share, from $763 million or $0.33 per share, last year. Operational...

Swiss crop chemicals firm Syngenta AG (SYT) reported net income to shareholders of $1.39 billion in the first half of the year, a 1% decline from $1.41 billion, reported a year back. Compared with last year, six-month earnings per share slid to $15.11, from $15.23. Excluding restructuring and impairment,...

Norwegian telecom firm Telenor ASA (TELN, TELNY.PK, TELNF.PK) reported Wednesday that its second-quarter profit after tax and non-controlling interests declined to 2.32 billion Norwegian kroner or 1.54 kroner per share, from last year's 3.25 billion kroner or 2.13 kroner per share. Adjusted operating...

Dutch paint maker Akzo Nobel NV (AKZOY, AKZOY.PK) Wednesday said net income attributable to shareholders, excluding discontinued operations and a deferred tax gain, increased to 205 million euros from 184 million euros last year. The company attributed the increase to higher operating income. Adjusted...

German banking giant Deutsche Bank's (DB) U.S. operations suffer from serious reporting issues, including inaccurate financial reporting, insufficient auditing and oversight and weak technology systems, The Wall Street Journal said Tuesday, citing an examination by the Federal Reserve Bank of New York....

Blackstone Group LP (BX) has agreed to acquire a majority stake in auto-repair shop chain Service King Collision Repair Centers from Carlyle Group LP, The Wall Street Journal reported, quoting people familiar with the matter. The deal is said to value Service King at about $650 million. Carlyle,...

iRobot Corp. (IRBT), a developer of robotic technology-based solutions, on Tuesday reported a 3 percent increase in profit for the second quarter from last year on higher revenues and lower operating expenses. Earnings per share for the quarter beat analysts' estimates, while revenues missed their expectations. Looking...

Shares of Eagle Materials, Inc. (EXP) plunged nearly five percent in extended trade on Tuesday after the building products maker reported results for the first quarter that missed analysts' expectations. However, the company reported a profit for the quarter that grew from last year, as sales volumes...

Shares of Xoom Corp. (XOOM) plunged nearly twelve percent in extended trade on Tuesday after the online money transfer company provided earnings guidance for the third quarter below Street view. However, the company reported results for the second quarter that topped analysts' expectations. The company...

Financial services giant JPMorgan Chase & Co. (JPM) is nearing a deal to sell half its stake in the portfolio of its private equity business One Equity Partners, the Wall Street Journal reported Tuesday, citing people familiar with the matter. The sale of the buyout arm is part of JPMorgan's efforts...

Shares of Unisys Corp. (UIS) plunged more than seven percent in extended trade on Tuesday after the information technology company reported results for the second quarter that missed analysts' expectations. The company also reported a loss for the quarter compared to a profit last year, reflecting lower...

Virtualization software maker VMware Inc. (VMW) on Tuesday reported a 32 percent decline in profit for the second quarter from last year, as costs related to the company's acquisition of AirWatch more than offset double-digit growth in revenue. However, results for the quarter beat analysts' expectations. Palo...