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Barnes Group Inc. (B), an aerospace and industrial manufacturing and service provider, reported Friday that its second-quarter net income was $33.2 million, down 3 percent from $34.2 million a year ago. Earnings per share remained at $0.61. On an adjusted basis, net income was $0.63 per share, up...

Anheuser-Busch InBev SA/NV (AHBIF.PK, BUD) announced the conditional approval of China's Ministry of Commerce of the company's proposed combination with SABMiller plc (SBMRY.PK, SAB.L). Following previously announced clearances in the EU, South Africa and the United States, all of the pre-conditions...

Xerox-XRX-072916.jpg Xerox (XRX) reported second-quarter adjusted EPS of $0.30, a 7 cent increase over the same period last year driven by a lower tax rate, fewer shares, and higher operating profits. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.25 for the quarter....

Host Hotels & Resorts, Inc. (HST), a lodging real estate investment trust, announced Friday that the company now expects fiscal 2016 NAREIT and adjusted Funds From Operations or FFO per share to be in the range of $1.63 to 1.67 per share. Previously, the company was projecting FFO per share in the range...

Calpine Corp. (CPN) Friday posted second-quarter net loss attributable to company of $29 million or $0.08 per share. This compares to last year's net profit of 19 million or $0.05 per share. The company attributed the loss primarily to net mark-to-market losses driven by increases in forward power and...

Cabot Oil & Gas Corp. (COG) announced it has increased 2016 capital budget to $345 million from $325 million to reflect the incremental capital for the completion of an additional 15 to 20 net wells during the second half of the year, partially offset by efficiency gains and cost savings realized throughout...

Health insurer Cigna Corp. (CI), which is in deal to be acquired by Anthem Inc. (ANTM), reported Friday that its second-quarter shareholders' net income declined to $510 million, or $1.97 per share from $588 million, or $2.26 per share a year ago. The latest results included a charge of $0.10 per...

Northwest Natural Gas Company (NWN), dba NW Natural, announced its Board has approved the appointment of David Anderson as CEO, in addition to his current role as president, effective Aug. 1. Anderson succeeds Gregg Kantor. The board also promoted Grant Yoshihara to senior vice president of Operations. Anderson...

NextEra Energy Inc. (NEE) announced a definitive agreement under which a newly formed subsidiary of NextEra Energy will acquire 100 percent of the equity of reorganized Energy Future Holdings Corp. and certain of its direct and indirect subsidiaries, including EFH's approximately 80 percent indirect...

TDK Corp. (TTDKF.PK, TTDKY.PK), a Japan-based manufacturer of passive components and magnetic application products, Friday reported that its first-quarter net income attributable to the company declined 5.3 percent to 12.40 billion yen or $120.40 million from last year's 13.10 billion yen. Earnings...

Kobe Steel, Ltd. (KBSTY.PK) reported Friday that its first-quarter net loss attributable to owners of the parent was 2.07 billion yen or 0.56 yen per share, compared to profit of 11.88 billion yen or 3.26 yen per share last year. Operating income declined 49.7 percent to 12.70 billion yen from 25.27...

STMicroelectronics (STM) Friday said it has acquired ams' assets related to NFC and RFID reader business, to strengthen its microcontroller solutions embedding NFC connectivity and to complement its NFC/RFID EEPROM tag offering. STMicroelectronics acquired the ams assets for a cash payment of $77.8...

South Korean electronics company LG Electronics Inc. (LGEPF, LGEJY, LGEIY, LGEAF) reported Friday that its second-quarter net income, on IFRS basi, increased to 268.5 billion Korean won from last year's 226.4 billion won. Operating income was 584.6 billion won, higher than 244.1 billion won a year...

French insurer AXA Group (AXAHY.PK) Friday announced that it has agreed with Chinese e-commerce giant Alibaba Group Holding Ltd. (BABA) and Ant Financial Services, an Alibaba-affiliate which provides financial services, to engage in a global strategic partnership. The partnership aims to jointly explore...

Eni (E) reported a second-quarter loss attributable to shareholders from continuing operations of 446 million euros compared to profit of 498 million euros, prior year. The company said the structural weakness of the oil market, oversupply and overcapacity headwinds in the European gas and refining sectors...

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