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S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, Inc. (MHFI), said late Thursday that video-game publisher Activision Blizzard, Inc. (ATVI) will replace Pall Corp. (PLL) in the S&P 500 after the close of trading on Friday, August 28. S&P 500 constituent Danaher Corp. (DHR) is acquiring...

Activist investor Carl Icahn has disclosed an 8.46 percent stake in mining and oil company Freeport-McMoRan Inc (FCX), as per a filing with the Securities and Exchange Commission on Thursday. Icahn said he believes Freeport shares are undervalued, and he plans hold talks with the company relating...

Amgen Inc (AMGN) on Thursday said the U.S. Food and Drug Administration approved Repatha (evolocumab) injection for some patients who are unable to get their low-density lipoprotein ("LDL") cholesterol under control with current treatment options. Repatha, the second drug approved in a new class of...

Spectranetics Corp. (SPNC) said Thursday that it has named Stacy McMahan Chief Financial Officer, effective September 28. Ms. McMahan has more than 25 years of finance leadership experience, including Chief Financial Officer and Vice President of Finance with responsibility for global, treasury,...

OmniVision Technologies, Inc. (OVTI) reported net income for the first quarter of $18.2 million or $0.31 per share, compared to $45.3 million or $0.78 per share for the year-ago quarter. Excluding items, adjusted net income for the first quarter was $28.6 million or $0.46 per share, compared to $54.4...

Celgene Corp (CELG) on Thursday said it has closed its acquisition of Receptos Inc. Receptos stockholders received $232.00 per share in cash, for a total of about $7.2 billion, net of cash acquired, the company said. As a result of the completion of the merger, the common stock of Receptos is no...

Data-analysis software maker Splunk Inc (SPLK) on Thursday reported second-quarter net loss of $55.3 million or $0.44 per share compared with a loss of $60.8 million or $0.51 per share last year. Excluding stock-based compensation expense and other one-time items, adjusted earnings for the quarter...

Firearm manufacturer Smith & Wesson Holding Corp. (SWHC) reported net income for the first quarter of $14.4 million or $0.26 per share, compared to $14.6 million or $0.26 per share for the year-ago quarter. Excluding items, adjusted net income for the first quarter was $17.7 million or $0.32 per...

Footwear retailer Caleres Inc (CAL) on Thursday reported second-quarter net earnings of $16.3 million or $0.38 per share compared with $17.4 million or $0.41 per share last year. Results were hurt by a debt-related loss of $8.7 million. Excluding items, adjusted earnings for the quarter were $0.50...

Video-game retailer GameStop Corp. (GME) reported second quarter net earnings of $25.3 million or $0.24 per share, compared to $24.6 million or $0.22 per share for the year-ago quarter. Excluding one-time charges, GameStop's adjusted net earnings for the latest quarter were $33.1 million or $0.31...

ULTA Beauty (ULTA) on Thursday reported second-quarter net earnings of $74.2 million or $1.15 per share compared with $60.8 million or $0.94 per share last year. Revenues for the quarter increased 19.4% to $877 million from $734.2 million in the prior year. Analysts polled by Thomson Reuters estimated...

Design software maker Autodesk Inc (ADSK) on Thursday reported second-quarter net loss of $235.5 million or $1.04 per share compared with a profit of $31.3 million or $0.13 per share last year. Excluding items, adjusted earnings for the quarter were $0.19 per share compared with $0.35 per share a...

Teen apparel retailer Aeropostale, Inc. (ARO) reported a net loss for the second quarter of $43.7 million or $0.55 per share, compared to a net loss of $63.3 million or $0.81 per share for the year-ago quarter. Excluding items, adjusted net loss for the latest quarter was $44.8 million or $0.56 per...

Sinopec Shanghai Petrochemical Co Ltd (SHI) on Thursday reported net income of RMB 1.79 billion for the first half of 2015, compared with a loss of RMB 123.6 million last year. First-half earnings per share were RMB 0.164, compared with a loss of RMB 0.011 a year ago. Results were driven by improved...

French women's fashion products retailer Etam Group on Thursday said its net income for the first half of fiscal 2015 dropped to 8.4 million euros from 10.2 million euros last year. Gross margin for the first half fell to 57.2% from 58.7% a year ago. The company noted that in Europe, markdowns increased...

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