Breaking News

Share SHARE

LyondellBasell Industries (LYB) reported that its third-quarter earnings from continuing operations increased to $1.3 billion, or $2.46 per share from $854 million or $1.51 per share, last year. On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $2.30...

Corporate Office Properties Trust (OFC) reported that funds from operations available to common share and common unit holders for the third quarter ended September 30, 2014 rose to $44.92 million from last year's $43.62 million, with funds from operations per share increasing to $0.49 from $0.48 in...

Whirlpool Corp. (WHR) has closed its acquisition of a majority interest in Hefei Rongshida Sanyo Electric Co., Ltd., a home appliances manufacturer based in Hefei, China. Hefei Sanyo has an established and broad distribution network that includes more than 30,000 outlets nationwide. Their significant...

C&C Group Plc. (CCR.L, CCGGY.PK, CGPZF.PK), a manufacturer of branded cider, beer, wine and soft drinks, confirmed Friday that it has made a preliminary approach to pub retailer Spirit Pub Co. Plc (SPRT.L) in relation to a possible offer for Spirit. Responding to recent press comment, Spirit on Thursday...

Shares of APR Energy Plc (APR.L, APRYY.PK, APRYF.PK) plunged around 17 percent in the morning trading in London after the electric utility Friday announced the appointment of Baroness Denise Kingsmill as Vice Chairman of the Board, with immediate effect. The shares had declined in August as well when...

Dutch paints maker Akzo Nobel NV (AKZOY.PK, AKZOY) said it has started operations at its state-of-the-art vehicle refinishes plant in Changzhou, China, the company's 30th manufacturing facility in the country. The new factory adds around 25 million liters of capacity for Sikkens, Lesonal and Prime...

Vitae Pharmaceuticals, Inc.'s (VTAE) shares climbed around 39 percent in the after hours trading in the Nasdaq on Thursday after the clinical-stage biotechnology company announced positive top-line results from clinical trials in treatment and prevention of Alzheimer's disease. The studies were part...

New Oriental Education and Technology Group Inc.'s (EDU) first-quarter net income attributable to New Oriental slid to $112.36 million, or $0.71 per ADS, from $126.48 million, or $0.81 per ADS, last year. On a non-GAAP basis, quarterly net income per ADS attributable to New Oriental amounted to $0.73....

Shares of Hikma Pharmaceuticals Plc (HIK.L, HKMPY.PK) declined around 5percent in the morning trading in London after the company announced Friday that it received a Warning Letter from the U.S. Food and Drug Administration or FDA on Thursday related to the inspection of its manufacturing facility in...

Construction and engineering company Ballast Nedam (BLSNF.PK) Friday said its losses continued to rise in the third quarter of 2014, amid lower revenues. According to the company, increasing losses on the A15 Maasvlakte - Vaanplein highway project, which stemmed from considerable additional cost overruns,...

Koninklijke Ten Cate NV (KNKCF.PK), a Dutch textiles company operating in the aerospace, defense and sports sectors, reported Friday that its third-quarter net profit increased 10 percent to 9.2 million euros from last year's 8.4 million euros. The company said the 2013 results have been adjusted...

Electric utility APR Energy Plc (APR.L, APRYY.PK, APRYF.PK) Friday announced the appointment of Baroness Denise Kingsmill as Vice Chairman of the Board. The appointment will be made with immediate effect. Kingsmill previously served as Senior Independent Non-Executive Director, a role she held since...

British education company and book publisher Pearson plc (PSO, PSON.L) reported that its nine-month sales grew by 1% at constant exchange rates; and level in underlying terms. Looking ahead, the company confirmed its full-year guidance, still projecting adjusted earnings per share to be between 62 pence...

Swedish automaker Volvo AB (VOLVY.PK) Friday said that the number of members of Volvo's Group Executive Team is being reduced to 10 from 16. This is due to the merger of the current three sales and market regions in the truck operation into a single global sales organization, as well as creating...

Swedish mobile network equipment maker Ericsson (ERIC) reported Friday a 13 percent decline in third-quarter net income to 2.6 billion Swedish kronor from last year's 3 billion kronor. Earnings per share were 0.81 krona, down 10 percent from last year's 0.90 krona. Operating income fell 8 percent...