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Swiss banking giant UBS Group AG (UBS) reported Friday that its second-quarter net profit attributable to shareholders rose 14 percent to 1.174 billion Swiss francs from 1.034 billion francs last year, and earnings per share rose to 0.31 franc from 0.27 franc last year. Profit before tax was 1.502...

South Carolina Electric & Gas Company or SCE&G, principal subsidiary of SCANA Corp. (SCG), and Santee Cooper, have entered into a definitive agreement with Toshiba Corp. (TOSYY.PK) for Toshiba to pay $2.168 billion ($1.192 billion to SCE&G for its 55% and $0.976 billion to Santee Cooper for its 45%...

Novo Nordisk A/S (NVO) said that the European Commission has approved an update to the Victoza or liraglutide EU label that expands the indication to reflect both improving blood sugar and cardiovascular (CV) events as integral parts of type 2 diabetes treatment. Victoza is the only GLP-1 that is proven...

Wal-Mart Stores Inc. (WMT) is trimming the workforce at its headquarters again, part of the retailer's campaign to reduce expenses, the Wall Street Journal reported citing a person familiar with the matter. A few dozen employees are affected and were having discussions with human-resources officials....

Cabot Oil & Gas Corp. (COG) reported that its net income for the second quarter of 2017 was $21.5 million, or $0.05 per share, compared to a net loss of $62.9 million, or $0.14 per share, for the second quarter of 2016. Net income for the second quarter of 2017 included the impact of a non-cash, after-tax...

Salzgitter Group (SZGPF.PK, SZGPY.PK) reported that its preliminary earnings before taxes for the first-half of 2017 surged to 100.2 million euros from last year's 16.1 million euros. This performance was mainly attributable to the strong results of the Strip Steel and Trading business units. External...

Republic Services, Inc. (RSG) raised its full-year adjusted EPS guidance to be in a range of $2.36 to $2.39, from the original guidance of $2.32 to $2.36. Adjusted net income for the three months ended June 30, 2017, was $205.9 million, or $0.61 per share, versus $189.5 million, or $0.55 per share,...

Edison International (EIX) announced the company now expects its 2017 core EPS in the range of $4.13 to $4.33, up from prior guidance range of $4.04 to $4.24. "We increased our full-year earnings guidance based on strong results for the first half of the year, primarily related to tax benefits,"...

The Dow Chemical Company (DOW) reported second-quarter operating earnings per share of $1.08 compared to $0.95, prior year. Operating EBITDA rose 12 percent year-over-year to $2.8 billion. Second-quarter sales increased to $13.8 billion, an increase of 16 percent from last year. Sales rose 8 percent...

ENEL (ENLAY.PK, EN) reported that its first-half net income from continuing operations decreased to 2.49 billion euros from 2.59 billion euros, prior year. Earnings from continuing operations per share attributable to ordinary shareholders of the Parent Company was 0.18 euros compared to 0.19 euros....

Telecom Italia SpA (TIAOF.PK, TI) reported that its first-half profit to owners of the parent decreased to 596 million euros from 1.02 billion euros, a year ago, with net non-recurring charges of 173 million euros. In comparable terms, profits attributable to the shareholders of the parent company in...

L'Oréal (LRLCY.PK) reported that its first-half net profit from continuing operations increased to 2.06 billion euros from 1.50 billion euros, prior year. Earnings per share of continuing operations attributable to owners of the company was 3.67 euros compared to 2.66 euros. Earnings per share of continuing...

Flowserve Corporation (FLS) updated its 2017 guidance to reflect its first half results and expectations for the remainder of the year, and now expects adjusted EPS in a range of $1.30 to $1.50. EPS target range is based on an expected 6 to 10 percent decline in revenues year-over-year. Second-quarter...

adidas (ADDYY.PK) announced preliminary second quarter results and increased its 2017 financial outlook citing the strong first half year performance. The company reported that preliminary revenues from continuing operations improved 19 percent on a currency-neutral basis and 20 percent in euro terms...

Unum Group (UNM) announced the company's expectation for after-tax operating income growth per share for full-year 2017 is increased to be within a range of five percent to eight percent, from the previous range of three percent to six percent. After-tax operating income, which excludes net after-tax...

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