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Risk insurance and reinsurance provider Beazley plc (BEZ.L) reported that first-quarter gross written premiums grew 7 percent to $583 million from $546 million in the year-ago period. Andrew Horton, Chief Executive Officer, said, "The continued expansion of our underwriting teams, including a London...

Ford Motor Co. (F) said Thursday that its sales in China for the month of April was down 11 percent to 82,324 vehicles. However, on year-to-date basis, sales rose 7 percent to 391,294 vehicles. For the month, sales of Changan Ford Automobile or CAF, Ford's passenger car joint venture, was down 11...

RSA Insurance Group plc. (RSANY.PK, RSA.L, RSA) reported that its first-quarter total group net written premiums declined 1 percent from last year to 1.58 billion pounds, reflecting the impact of disposals. However, net written premiums were flat with last year at constant exchange rates. Total core...

Anglo-Australian mining giant Rio Tinto Plc. (RTNTF, RIO, RIO.L, RTPPF) reaffirmed its goal to raise annual iron ore output in Australia to 360 million metric tons amid forecast growth demand in Asia. At the Annual General meeting, the company chairman Jan du Plessis, said that the short term picture...

Provident Financial plc (PFG.L), a UK based non-standard lender, said Thursday that it has made a good start to the year with the profit performance of all businesses being in line with or above internal plans for the first quarter. According to the company, the sound credit quality across all three...

Rolls-Royce Holdings plc (RYCEF.PK, RR.L, RYCEY.PK) confirmed that overall trading in the first few months of the year has been in line with expectations. The Group's outlook for the year as a whole is unchanged. The Group said its profit before financing charges and tax will be significantly weighted...

Spanish oil major Repsol S.A. (REPYY.PK) reported Thursday that its net income for the first quarter declined 43 percent from last year. The company's first-quarter net income was 434 million euros, down from 761 million euros in the prior-year quarter. Adjusted net income for the quarter was 572...

BT Group plc (BT_A.L, BT) reported pretax profit of 3.03 billion pounds for the year to 31 March 2016 compared to 2.64 billion pounds, a year ago. Earnings per share was 29.9 pence compared to 26.5 pence. Adjusted pretax profit increased 9% to 3.47 billion pounds. Adjusted earnings per share was 33.2...

Mobile satellite communications services provider, Inmarsat plc (ISAT.L), Thursday reported a 41 percent decline in profit for the first quarter from last year on lower revenues. Inmarsat also announced an amendment to its cooperation agreement with Ligado Networks. For the first quarter, the company's...

CHC Group Ltd. (HELI, HELIQ), the parent company of CHC Helicopter, said that the company and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas. The...

Gannett Co. Inc. (GCI)commented on Tribune Publishing Company's (TPUB) May 4, 2016 rejection of Gannett's all-cash premium proposal to acquire the entire Tribune company for $12.25 per share. Gannett noted that the purportedly comparable trading values and comparable acquisition multiples presented...

The Australian Competition and Consumer Commission said that it will not oppose the proposed acquisition of SABMiller plc (SBMRY.PK, SAB.L) by Belgian brewer Anheuser-Busch InBev NV, or AB InBev (BUD, AHBIF.PK). "The ACCC has concluded that the proposed acquisition is not likely to substantially lessen...

Responding to Intercontinental Exchange Inc. (ICE) withdrawal, London Stock Exchange Group Plc (LSE.L) said that ICE had been provided with information and had access to management. However, at no time has ICE made an approach to LSE with a possible proposal or details of any such possible proposal. LSE...

Costco Wholesale Corp. (COST) reported that total comparable sales for the month of April 2016 were flat, with a flat in U.S., a 2 percent rise in Canada, while Other International comparable sales declined 3 percent. Monthly total Comparable sales, excluding the negative impacts from gasoline price...

Zynga Inc. (ZNGA) on Thursday reported a first-quarter loss that narrowed from a year ago, reflecting an increase in revenues despite continued drop in user-base. Earnings for the quarter trumped analysts estimates, as did revenues, sending the company's shares up 13 percent in extended trading hours. San...

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