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Movado Group, Inc. (MOV) reported fourth-quarter net income to company of $10.1 million, or $0.40 per share compared to $7.2 million, or $0.28 per share, prior year. For the prior year quarter, adjusted net income was $12.0 million, or $0.46 per share. On average, five analysts polled by Thomson...

The AES Corp. (AES) Tuesday said it intends to offer $575 million aggregate principal amount of senior notes due 2025. The company intends to use the net proceeds from the offering of the notes, as well as, if necessary, other available funds, to fund the concurrent tender offers to purchase certain...

Science Applications International Corp. (SAIC) reported fourth-quarter net income of $36 million or $0.75 per share, compared to $33 million or $0.66 per share, prior year. The company said the increase in net income was driven by consistent operating income and a current quarter decrease in income...

Conn's, Inc. (CONN), a specialty retail of furniture, mattresses, home appliances, consumer electronics and provider of consumer credit, reported fourth-quarter net income of $15.5 million or $0.42 per share, compared to $27.7 million or $0.75 per share, a year ago. On average, seven analysts polled...

Quintiles (Q) and Quest Diagnostics (DGX) Tuesday announced a definitive agreement to form a global clinical trials laboratory services business. The new entity will combine the clinical trials laboratory operations of the two companies and will provide customers with the depth of capabilities and...

Harman International Industries, Inc. (HAR) Tuesday announced it has signed an agreement to acquire Bang & Olufsen Automotive car audio business. Bang & Olufsen sound systems are available in a wide range of Audi, Aston Martin, BMW and Mercedes-Benz car models. The agreement terms include a purchase...

China Pharma Holdings, Inc. (CPHI) reported a net loss of $26.0 million, or $0.60 per share for the year ended December 31, 2014 compared to net loss of $20.0 million, or $0.46 per share for the year 2013. The company said the decrease in earnings was mainly due to the decrease in revenue, increase in...

Huntington (HBAN) has named Jeff Young president of Huntington Asset Services Inc. or HASi. Young has over a quarter of a century of experience in financial services. He has had a senior leadership position in HASi for the last five years, touching every aspect of fund administration and the custody...

eBay (EBAY) said Tuesday that the company and Sotheby's (BID) would mark the launch of the first live events in the new Sotheby's live auctions experience with the themed "Photographs" and "New York" sales. The experience enables art aficionados and casual collectors alike to participate in Sotheby's...

SORL Auto Parts Inc. (SORL) reported fourth-quarter net income attributable to stockholders of $4.3 million, or $0.20 per share, compared to $0.8 million, or $0.05 per share a year ago. Net sales increased by 14.4% to $63.2 million compared with $55.3 million in the same quarter in 2013. Gross margin...

Citigroup Inc. (C) announced a definitive agreement to sell 100% of the shares of Citi Cards Japan, Inc., the exclusive issuer of Diners Club cards in Japan, to Sumitomo Mitsui Trust Bank, Limited. Approximately 743 thousand customer accounts of Citi Cards Japan will be included in the sale. Citi...

Heineken N.V. (HKHHF.PK) announced it will make changes to its operating model and ways of working. The business will be regrouped around 4 geographic regions. The existing regions of Western Europe and Central and Eastern Europe will be united to form a single Europe region, focused primarily on the...

Kingfisher plc (KGF.L) reported profit before taxation of 644 million pounds for the year ended 31 January 2015 compared to 759 million pounds, prior year. The Group noted that its pretax profit included the impact of exceptional items before tax and Hornbach's results prior to disposal. Profit to equity...

Grainger Plc. (GRI.L), a residential property owner and manager, Tuesday announced that CEO Andrew Cunningham has informed the Board of his intention to retire from the company at its next annual general meeting in February 2016. Cunningham has served at the helm for the past seven years, and has...

Amec Foster Wheeler (AMFW.L, AMEC.L) said it has been awarded a contract by EDF Energy to provide project management services to all its UK nuclear power stations and technical offices in Gloucester and East Kilbride. The nine year agreement, which includes five years plus two optional two-year periods,...

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