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Freddie Mac (FMCC.OB) released the results of its Primary Mortgage Market Survey or PMMS, showing average fixed mortgage rates hitting fresh lows for the year for the second consecutive week amid declining bond yields. At 3.92 percent the average 30-year fixed rate is at its lowest level since the week...

Bank of New York Mellon Corp. (BK) Thursday said it has appointed James Wiener as its senior executive vice president and chief risk officer, effective November 24, 2014. Wiener will lead the company's global Risk and Compliance Group, overseeing the compliance and credit, operational and market...

Lannett Company, Inc. (LCI) said that it expects to report fiscal 2015 first quarter earnings per share of $0.91 and $0.94 and net sales of approximately $93 million. Analysts polled by Thomson Reuters expect the company to report earnings of $0.77 per share and revenues of $90.70 million for the first-quarter....

Cutrale-Safra announced that it has submitted to the Chiquita Board of Directors an updated definitive offer to acquire all of the outstanding stock of Chiquita Brands International, Inc. (CQB) for $14.50 per share in cash. The $14.50 per share cash offer represents a compelling premium of approximately...

Property and casualty insurance company Old Republic International Corp. (ORI) Thursday reported lower profit for the third quarter, reflecting higher expenses and reduced net premiums and fee income. The company's profit dropped to $85.8 million or $0.30 per share from $102.9 million or $0.36...

Akers Biosciences, Inc. (AKER, AKR.L) has signed a Joint Venture Agreement with Hainan Savy Investment Management Ltd and Thomas Knox, the company's Non-executive Co-Chairman, to research, develop, produce and sell certain Akers' rapid diagnostic screening and testing products in China. The Joint...

Deluxe Corp. (DLX) reported that its net income for the third quarter ended September 30, 2014 declined to $44.4 million from $46.9 million in the same quarter last year. Earnings per share were $0.88 down from $0.92 in the previous year. Adjusted earnings per share grew to $1.03 from $0.96 last year. Total...

Reliance Steel & Aluminum Co. (RS) reported third-quarter earnings which were nearly flat with last year, hurt by higher operating costs. The company expects fourth-quarter earnings below analysts' expectations. Net income remained nearly flat at $95.5 million, compared with last year's $95.1 million....

Nucor Corp. (NUE) reported third-quarter of 2014 net earnings attributable to stockholders of $245.4 million, or $0.76 per share, up from $147.6 million, or $0.46 per share, in the third quarter of 2013. Analysts polled by Thomson Reuters expected the company to report earnings of $0.73 per share for...

Chevron Corp. (CVX) announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located around 180 miles off the Louisiana coast in 3,992 feet of water...

USG Corp. (USG) Thursday reported a net loss for the third quarter, compared with profit last year, as legal costs and asset impairment charges overshadowed revenue growth. For the three months to September, the company reported a net loss of $11 million or $0.09 per share, compared with profit of...

GATX Corp. (GMT) Thursday reported third-quarter net earnings which declined slightly, despite revenue growth, and missed analysts' estimates. The company, however, raised its annual earnings guidance. Net earnings were $51.3 million or $1.14 per share, down from $53.8 million or $1.15 per share a...

Royal Caribbean Cruises Ltd. (RCL) reported that its net income for the third quarter 2014 was $490.2 million or $2.19 per share, up from $365.7 million or $1.65 per share in 2013. Adjusted net income for the third quarter of 2014 was $492.9 million, or $2.20 per share, compared to Adjusted net income...

Irish specialty pharmaceutical company Actavis plc (ACT) Thursday confirmed that the United States Court of Appeals for the Federal Circuit has upheld a lower court ruling on its birth control pill Lo Loestrin Fe. Earlier in January, US District court of New Jersey has found United States Patent No....

Monro Muffler Brake, Inc. (MNRO), a provider of automotive undercar repair and tire services, Thursday said second-quarter net income increased to $16.3 million from $13.65 million in the prior year period. Earnings per share advanced to $0.50 from $0.42. On average, 8 analysts polled by Thomson...