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Terreno Realty Corp. (TRNO) said it acquired an industrial property located in Kent, Washington on July 25, 2014 for a purchase price of about $2.8 million. Commenting on the property, the company said it consists of one industrial distribution building containing approximately 32,000 square feet...

Auto and property insurer Mercury General Corp.(MCY), Monday posted a profit for the second quarter turning around from a loss last year, as revenues increased and catastrophe losses declined. Operating profit for the quarter came in ahead of analysts' estimates, as did revenues. Los Angeles, California-based...

Ceragon Networks Ltd. (CRNT) reported net income for the second quarter of $8.0 million or $0.15 per share, compared to a net loss of $7.5 million or $0.20 per share for the year-ago quarter. Excluding items, adjusted net loss for the second quarter was $5.0 million or $0.10 per share, compared to...

Regency Energy Partners LP (RGP) on Monday announced a $0.01 increase in its cash distribution to $0.49 per unit for the second quarter ended June 30, 2014. This represents a 6.5% increase over Regency's second quarter 2013 cash distribution. The distribution will be paid on August 1 to unitholders...

Electric utility Duke Energy Corp. (DUK) said Monday that it has agreed to purchase certain generating assets from the North Carolina Eastern Municipal Power Agency or NCEMPA for $1.2 billion. NCEMPA consists of 32 cities and towns in eastern North Carolina. The power agency's participants own and...

The Children's Place Inc. (PLCE) announced that Lou Lipschitz, a member of its Board of Directors and Chair of the Audit Committee, has passed away. Lipschitz served on the Board of Directors since 2008, and was the Chair of the Audit Committee and a member of the Nominating and Corporate Governance...

British lender Lloyds Banking Group plc (LLOY.L, LYG) said Monday that it has reached settlements to pay fines totaling 218 million British pounds, or about $370 million, to resolve allegations by U.S. and UK federal authorities that the bank attempted to manipulate global benchmark interest rates, including...

Marketing supply chain company InnerWorkings, Inc. (INWK) Monday announced that it has been selected as a global marketing partner of French drug maker Sanofi (SNYNF.PK, SNY). As per the agreement, InnerWorkings will oversee creation, production, and management of Sanofi's worldwide promotional items...

Quidel Corp. (QDEL), a provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, announced Monday that it has received clearance from the United States Food and Drug Administration or FDA to market its AmpliVue GAS Assay for the qualitative detection...

Auto parts company Tenneco Inc. (TEN) Monday reported higher second quarter profit, as revenues rose about 8 percent with well-balanced revenue growth across product lines, end-markets and geographies. Looking ahead, the firm said it expects volume strength and manufacturing performance to continue...

Raytheon Co. (RTN) said Monday that it has appointed Thomas Kennedy, age 59, as Chairman of the Board of Company effective October 1, 2014. It follows notice to the Board by William Swanson, Raytheon's current Chairman of the Board, of his retirement from the Company effective September 30, 2014. Swanson...

Lloyds Banking Group Plc. (LLOY.L, LYG) Monday said it has reached settlements totalling 218 million pounds to resolve with UK and US federal authorities legacy issues regarding the manipulation of Group companies' submissions to the British Bankers' Association or BBA London Interbank Offered Rate or...

THe boards of Duke Energy Progress and the North Carolina Eastern Municipal Power Agency or NCEMPA have approved an agreement for Duke Energy Progress to purchase the Power Agency's ownership in certain generating assets. Currently, NCEMPA maintains partial ownership stake in several Duke Energy Progress...

Insurance company Mercury General Corp.(MCY) Monday reported second-quarter net profit of $ 94.96 million or $1.73 per share compared with a loss of $9.26 million or $0.17 in the year-ago period. The quarter under review included net realized investment gains of $49.5 million, net of tax, as compared...

Compass Minerals International Inc. (CMP) Monday reported loss for the second quarter compared to a profit last year, citing mainly costs related to early debt redemption and an increase in expected full-year tax rate. Sales increased from last year, helped by demand for premium plant nutrition products,...