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After falling sharply at the open, shares of Endo International (ENDP) remain under pressure in afternoon trading on Friday.

J.C. Penney Co. Inc. (JCP) slashed payroll, froze overtime for its employees and implemented other cost-cutting measures after it faced an "expense challenge" in the month of April, the New York Post reported, citing an internal memo. Shares of the company are currently down more than 5 percent. According...

Salesforce (CRM) said it will invest more than $40 million over the next 10 years to expand its regional headquarters in Indianapolis. As part of the new investment, Salesforce plans to add 800 new jobs over the next five years. The company also announced it will move into a new regional headquarters...

Consumable dental products maker Dentsply Sirona (XRAY) on Friday reported a profit for the first quarter that almost doubled from last year on double-digit revenue growth that benefited from the merger of Dentsply and Sirona. Both revenue and adjusted earnings per share for the quarter beat analysts'...

American Axle & Manufacturing Holdings Inc (AXL) reported Friday that its first-quarter net income increased 15% to $61.1 million or $0.78 per share from last year's $53.2 million or $0.68 per share. On average, 13 analysts polled by Thomson Reuters expected earnings of $0.71 per share. Analysts'...

PriceSmart, Inc. (PSMT) Friday announced 9.2 percent increase in net sales for the month of April to $226.6 million from $207.5 million in the prior year. Comparable sales for the month increased 0.7 percent. For the eight months ended April, net sales were up 5 percent to $1.904 billion from $1.813...

Telephone and Data Systems, Inc. (TDS) reported a sharp decline in profit for the first quarter on lower revenues, while the prior-year quarter's results were boosted by one-time gains. For the first quarter, met income attributable to TDS shareholders was $8 million or $0.07 per share, down sharply...

Intesa Sanpaolo Group (ISNPY.PK, IITSF.PK) reported first-quarter net income of 806 million euros compared to 1.06 billion euros, previous year, the latter benefitting from a particularly positive trend in financial markets. Excluding charges relating to the resolution fund, net income was 902 million...

Media company E.W. Scripps Co. (SSP) reported Friday that its first-quarter net income was $4.89 million or $0.06 per share, compared to prior year's loss of $5.10 million or $0.09 per share. Excluding prior year's income from discontinued operations, net loss from continuing operations was $8.12 million...

Media General Inc. (MEG) reported that its first-quarter loss per share widened to $0.20, from $0.06 in the prior year. President and Chief Executive Officer, Vincent L. Sadusky, said "We commenced this historic year by delivering terrific results in the first quarter. Political advertising exceeded...

Roche Holdings (RHHBY) Friday announced the direct sales of Biosystems next-generation sequencing and customers in Canada may now order its portfolio of Kapa products directly from Roche Diagnostics Canada. Further, Roche said, Kapa's PCR and qPCR products will continue to be sold and supported by D-Mark...

Air Products (APD) announced an agreement to sell the Performance Materials Division of its Materials Technologies segment to Evonik Industries AG for $3.8 billion. Air Products also intends to spin-off its Electronic Materials Division to shareholders as a separate public company, called Versum Materials....

Enerplus Corp. (ERF, ERF.TO) Friday announced a narrower net loss for the first quarter to C$173.67 million from C$293.21 million in the prior year. Funds Flow declined to C$41.73 million from C$109.16 million in the prior year. Further, the company confirmed the full year 2016 average annual...

Baker Hughes Inc. (BHI) announced Friday that the worldwide rig count for April 2016 was 1,424, down 844 from last year's 2,268, and down 127 sequentially. The international rig count for April 2016 was 946, down 256 from the 1,202 counted in April 2015, and down 39 sequentially. The international...

Red Hat, Inc. (RHT) and Telefonica Business Solutions, a provider of a wide range of integrated communication solutions for the B2B market, announced an agreement establishing Red Hat Mobile Application Platform as the global reference platform for operators within the Telefonica Group to mobilize the...

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