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General Electric Co. (GE) and Sabine Pass Liquefaction, a subsidiary of Cheniere Energy Partners, L.P. (CQP), said Thursday that they have entered into a $1 billion, 20+-year service contract under which GE will provide spare parts and planned inspections, maintenance services and round-the-clock technical...

Cintas Corp (CTAS), a provider of corporate identity uniforms, Thursday reported an increase in second-quarter profit, helped by gains from discontinued operations, while revenues were essentially unchanged from a year ago. The company lifted its earnings and sales outlook for 2015, and its shares...

Red Hat, Inc. (RHT) reported net income for the third quarter of $47.9 million or $0.26 per share, compared to $52.0 million or $0.27 per share for the year-ago quarter. Excluding items, adjusted net income for the third quarter was $79.2 million or $0.42 per share, compared to $80.9 million or $0.42...

Nike, Inc. (NKE) reported net income for the second quarter of $655 million or $0.74 per share, compared to $534 million or $0.59 per share for the year-ago quarter. Revenue for the second quarter rose 15% to $7.38 billion from $6.43 billion in the same quarter last year. Analysts polled by Thomson...

Home furnishings and furniture retailer Pier 1 Imports Inc (PIR) Thursday reported third-quarter net earnings of $17.9 million or $0.20 per share compared with $26.8 million or $0.26 per share last year. Revenues for the quarter were up 4% at $484.5 million compared with $465.5 million in the prior...

AAR Corp. (AIR) today reported second quarter net income of $15.2 million or $0.38 per share, compared to $20.0 million or $0.50 per share for the year-ago quarter. Sales for the second quarter fell to $490.0 million from $540.7 million a year ago. Analysts polled by Thomson Reuters expected...

Perficient, Inc. (PRFT) said Thursday that it has entered into a purchase agreement to acquire the assets of Zeon Solutions Inc. and its subsidiary, Grand River Interactive LLC, and an Indian affiliate, a $23 million annual services revenue business and IT consulting firm specializing in the development,...

GasolinePrice-121814.jpg Christmas has come early for drivers this year, as U.S. average gas prices are below $2.50 a gallon for the first time since October 2009, according to driving group AAA. They dropped 2.77 cents per gallon overnight - the largest one-day drop since November 2008. The national average price of gasoline...

Uber is vowing to step up security measures after sexual assault charges were recently filed against one of their drivers. A Boston driver for the company allegedly kidnapped and raped a rider earlier this month and the company has called the incident a "despicable crime."

Dover Corp. (DOV) said Thursday that it has agreed to sell its Datamax O'Neil unit to Honeywell International Inc. (HON) for $185 million. The deal is expected to close in the first quarter of 2015. Headquartered in Orlando, Florida, Datamax O'Neil is a manufacturer of fixed and mobile printers...

Agricultural machinery maker Deere & Co. (DE) said Thursday that it has agreed to sell its crop insurance business to Farmers Mutual Hail Insurance Company of Iowa, headquartered in West Des Moines, Iowa. The deal will result in Deere selling both John Deere Insurance Company and John Deere Risk...

Shares of Alcatel-Lucent SA (ALU) surged 8 percent on Thursday after the French telecom equipment maker was reported to be in merger talks with Nokia Networks (NOK). The companies resumed merger talks this fall, according to Germany's Manager Magazin quoting unidentified people with knowledge of the...

Harman International Industries (HAR) that it has signed an agreement to buy S1nn GmbH & Co. KG, an innovative developer of infotainment systems, connectivity and car audio solutions. Terms of the deal, which is subject to regulatory and other approvals, were not disclosed. Stuttgart, Germany-based...

Property and casualty insurer ACE Limited (ACE) said Thursday that it has agreed to acquire the Fireman's Fund high net worth personal lines insurance business in the U.S. from German insurer Allianz SE (AZSEY.PK) for $365 million. The company noted that the acquisition will bolster its position as one...

Ford Motor Co. (F) said that, at the request of the National Highway Traffic Safety Administration, it is expanding its recall on Takata driver-side airbag inflators. The recall includes approximately 502,489 vehicles, an addition of approximately 447,310 vehicles. This brings the total number of...