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Frontier Communications Corp. (FTR) said Friday that the Federal Communications Commission has approved its proposed acquisition of AT&T, Inc.'s (T) local wireline, broadband and video operations in Connecticut. Frontier is currently also seeking approval from the Connecticut Public Utilities Regulatory...

Hudson Valley Holding Corp. (HVB) posted second-quarter net income of $2.4 million or $0.12 per share, compared to $3.5 million or $0.18 per share in the comparable quarter last year. On average, four analysts polled by Thomson Reuters expected the company to earn $0.14 per share. Analysts' estimates...

Cal-Maine Foods, Inc. (CALM) said Friday that it has entered into a new joint venture for specialty egg sales with Hickman's Egg Ranch, Inc. Based in Buckeye, Arizona, a suburb of Phoenix in western Maricopa County, Hickman's Egg Ranch has been family-owned and operated since 1944. With processing...

Northrop Grumman Corp. (NOC) said the U.S. Army has awarded it a cost-plus-fixed-fee contract, with a potential value of $205 million, to continue providing mission logistics services in support of combat brigades training at the National Training Center in Fort Irwin, California. The company said...

Provident Financial Services Inc. (PFS) posted second-quarter net income of $16.4 million or $0.28 per share, compared to $19.2 million or $0.34 per share in the comparable quarter last year. On average, eight analysts polled by Thomson Reuters expected the company to earn $0.31 per share. Analysts'...

NuStar GP Holdings, LLC (NSH) reported net income for the second quarter of $15.8 million or $0.37 per unit, compared to $12.6 million or $0.29 per unit for the year-ago quarter. Equity in earnings of NuStar Energy L.P. rose to $16.74 million in the second quarter from $13.42 million in the second...

The First of Long Island Corp. (FLIC) posted second-quarter net income of $5.5 million or $0.60 per share, compared to $5.3 million or $0.58 per share in the comparable quarter last year. The increase in net income for the second quarter of 2014 versus the same quarter last year is largely attributable...

Lifepoint Hospitals Inc (LPNT) Friday reported a better-than-expected increase in second-quarter profit, helped by a 17 percent climb in revenue. The company lifted its guidance for 2014, which sent its shares up more than 6 percent in morning trade on the Nasdaq. Lifepoint benefited from higher...

Sinclair Broadcast Group, Inc. (SBGI) said Friday that the Federal Communications Commission and the Department of Justice have approved the company's $985 million purchase of TV stations owned by Allbritton Communications Co. Sinclair said it plans to close the deal on August 1.

Gorman-Rupp Co. (GRC) Friday reported second-quarter net income of $8.9 million or $0.34 per share, compared to $9.2 million or $0.35 per share in the same period last year. On average, four analysts polled by Thomson Reuters expected the company to earn $0.41 per share for the quarter. Analysts'...

Lear Corp (LEA), Friday reported an increase in second-quarter profit as the auto parts maker added new business and ramped up production on key platforms, with both earnings and revenue beating Wall Street estimates. Lear lifted its sales outlook for 2014, sending its shares up 3.5 percent in morning...

Avery Dennison Corp. (AVY) on Friday reported a 38 percent decline in profit for the second quarter from last year as higher expenses more than offset an increase in revenues. However, adjusted earnings per share from continuing operations for the quarter beat analysts' expectations, while revenues...

Aerospace and industrial manufacturer Barnes Group, Inc. (B) Friday reported a sharp fall in second-quarter profit, as the prior-year benefited from a gain from discontinued operations. Net sales grew about 20 percent from last year. Adjusted earnings met analysts' expectations, while revenues came above...

Ambac Financial Group Inc. (AMBC) announced Friday that its principal financial guarantee subsidiary, Ambac Assurance Corporation , has finalized a settlement with the City of Detroit regarding its insured limited tax general obligation or "LTGO" bonds. The LTGO settlement is comprised of new LTGO...

Beer brewer Molson Coors Brewing Co. (TAP, TAX-A.TO) announced Friday that Chief Executive Officer Peter Swinburn has decided to retire at the end of 2014 after being at the helm of the company since 2008. "On behalf of the Board, I want to thank Peter for his extraordinary contributions over the...