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Abercrombie & Fitch Co. (ANF) said that Jonathan Ramsden has informed the Company that he intends to step down as Chief Operating Officer and resign from the Company effective June 15, 2016. At that time, Ramsden's responsibilities will be assumed by other members of the Office of the Chairman which,...

Atlas Air Worldwide Holdings Inc. (AAWW) announced that it will provide air cargo services to support Amazon's (AMZN) package deliveries to its customers. The new agreements are expected to be meaningfully accretive to Atlas Air Worldwide's earnings and cash flows over time. As part of the agreement,...

Kellogg Co. (K) announced that Ron Dissinger has decided to retire as Chief Financial Officer at the end of 2016. Dissinger will step down as CFO effective December 31, but he will remain with Kellogg into 2017 to help ensure an orderly transition to his successor. An internal and external search...

United Parcel Service Inc. (UPS) said that its shareowners elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accountants. Eleven directors stood for election to the Board and all were re-elected by...

French drug maker Sanofi (SNYNF, SNY) said Thursday that it could be in a position to revise its $9.3 billion offer for San Francisco-based biopharmaceutical company Medivation Inc. (MDVN), if the U.S. cancer drug maker engage in good faith discussion, threatening to take a hostile bid directly to shareholders...

Oil and gas company Chesapeake Energy Corp. (CHK) reported Thursday that its first-quarter net loss available to common stockholders was $964 million, or $1.44 per share, narrower than last year's loss of $3.78 billion or $5.72 per share. The primary driver of the net loss was a noncash impairment...

SNC-Lavalin Group Inc. (SNC.TO) reported that its first-quarter IFRS net income increased to C$122.1 million, or C$0.81 per share, from C$104.4 million, or C$0.68 per share, last year. First-quarter reported IFRS net income included a net gain after taxes of C$51.1 million on Capital investments disposals,...

While reporting its first-quarter financial results today, oil and gas exploration and production company Apache Corp. (APA) raised its production guidance for fiscal 2016, citing strong first-quarter results. For full year 2016, Apache raised its total pro forma production guidance, excluding Egypt...

Tix Corp. (TIXCO, TIXC.OB), a provider of discount ticketing services, said that its Tix4Tonight, LLC subsidiary has entered into an agreement with Expedia LX Partner Business, Inc., doing business as Expedia Local Expert, a division of online travel agency Expedia, Inc. (EXPE). Under the terms of...

Infinity Property and Casualty Corp. (IPCC) Thursday announced 30.9 percent decline in first quarter net income to $7.7 million from $11.2 million last year. On a per share basis, earnings were $0.69, down 28.9 percent from $0.97 a year ago. On average, 4 analysts polled by Thomson Reuters expected...

TECO Energy Inc. (TE) reported that its first-quarter net income was $73.8 million, or $0.31 per share, up from $58.0 million, or $0.25 per share, in the first quarter of 2015. Net income from continuing operations was $73.7 million, or $0.31 per share, in the 2016 first quarter, compared with $63.8...

While reporting its first-quarter financial results today, Atlas Air Worldwide Holdings, Inc. (AAWW) provided earnings outlook for the second quarter and also affirmed its earnings outlook for fiscal 2016. For the second quarter, the company expects earnings per share to be about three times the level...

TreeHouse Foods, Inc. (THS), announced the company expects second quarter adjusted earnings per share to be in the range of $0.50 to $0.55. Analysts polled by Thomson Reuters expect the company to report profit per share of $0.61. Analysts' estimates typically exclude special items. The company expects...

Breakfast and snack food giant Kellogg Co. (K) on Thursday reported that its first-quarter attributable net income was $175 million, 22.9 percent lower than last year's $227 million. Earnings per share were $0.49, down 23.4 percent from $0.64 last year. Comparable attributable net income was $341...

Gold rallied Thursday morning as presumptive GOP nominee Donald Trump proclaimed himself a "low interest rate person" who would push for new leadership at the Federal Reserve. Trump said he would not reappoint current Fed Chair Janet Yellen, who happens to be one of the architects of the Fed's current...

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