logo

Breaking News

Share SHARE

Merck (MRK) announced that The Lancet and Clinical Infectious Diseases have published online the results from the pivotal Phase 3 clinical studies of ZERBAXA (ceftolozane/tazobactam) for Injection (1 g/0.5 g) in complicated urinary tract infections (cUTI) and complicated intra-abdominal infections (cIAI),...

The U.S. Food and Drug Administration announced the filing of a consent decree against Medtronic, Inc. (MDT), and two of the company's officers—S. Omar Ishrak and Thomas M. Tefft —for repeatedly failing to correct violations, related to the manufacture of Synchromed II Implantable Infusion Pump Systems,...

Wabash National Corp. (WNC) reported net income for the first quarter of $10.5 million or $0.15 per share, compared to $7.3 million or $0.10 per share for the year-ago quarter. Excluding items, adjusted earnings for the first quarter were $13.8 million or $0.19 per share, compared to $8.3 million...

AvalonBay Communities Inc (AVB) on Monday reported first-quarter funds from operations of $250.6 million or $1.88 per share compared with $212.8 million or $1.64 per share last year. Excluding items, adjusted FFO for the quarter was $1.75 per share compared with $1.63 per share a year ago. Analysts...

Seaspan Corp (SSW) on Monday reported first-quarter net earnings of $21.3 million or $0.08 per share compared with $18 million or $0.03 per share last year. Excluding items, normalized earnings for the quarter were $0.25 per share compared with $0.18 per share a year ago. Revenues for the quarter...

Boston Properties, Inc. (BXP), a real estate investment trust, reported first-quarter net income available to shareholders of $171.2 million compared to $54.0 million, prior year. Net income per share was $1.11 compared to $0.35. The company noted that its net income to shareholders for the quarter ended...

Gainers: Apple Inc. (AAPL) gained 1 percent to $134.38 as its second quarter results topped Wall Street expectations. iPhone sales during the quarter improved 40 percent from the year-ago quarter, but declined 18 percent on a sequential basis. The company guided third quarter revenue in-line with...

Silicon Motion Technology Corp (SIMO), a provider of NAND flash controllers for solid state storage devices, on Monday reported first-quarter net earnings of $15.5 million or $0.44 per American depositary share compared with $3.8 million or $0.11 per ADS last year. Excluding items, adjusted earnings...

Olin Corp. (OLN), a maker of chlor alkali products, Monday reported a sharp decline in profit for the first quarter, reflecting lower sales especially at the Chlor Alkali products segment. Both earnings and revenues for the quarter missed Wall Street estimates. The company's slipped 9 percent in extended...

Merck & Co Inc (MRK) on Monday said a heart safety trial of its diabetes drug Januvia (sitagliptin) met its primary endpoint, sending its shares up about 4 percent in after-hours trade. In the Trial Evaluating Cardiovascular Outcomes with Sitagliptin (TECOS), Januvia achieved its primary endpoint...

Crane Co. (CR), a diversified manufacturer of highly engineered industrial products, reported first-quarter net income to shareholders of $51.1 million or $0.87 per share, compared to $48.7 million or $0.82 per share, prior year. Adjusted earnings per share was $0.92, for the quarter. On average,...

Owens & Minor Inc. (OMI) reported first-quarter net income of $18.9 million or $0.30 per share, compared to $25.5 million or $0.41 per share, prior year. Adjusted net income excluding after-tax charges for acquisition-related and exit and realignment activities, was $27.5 million, or $0.44 per share,...

Universal Health Services Inc. (UHS) Monday reported first-quarter net income of $174.3 million or $1.73 per share, up from $138.1 million or $1.38 per share last year. Adjusted earnings for the quarter rose to $1.78 per share from $1.36 per share last year. Net revenues for the quarter rose to...

American Financial Group, Inc. (AFG) reported first quarter net earnings attributable to shareholders of $19 million or $0.21 per share compared to $103 million or $1.13 per share for the 2014 first quarter. The company's 2015 first quarter results include an after-tax loss of $105 million or $1.18 per...

UDR Inc. (UDR) reported first-quarter net income to shareholders of $72.9 million or $0.28 per share, compared to $17.4 million or $0.07 per share, prior year. FFO per share was $0.43, for the quarter. FFO as adjusted per share was $0.40, and AFFO per share was $0.37 for the quarter. On average, 21...

Follow RTT