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Virtualization software maker VMware Inc (VMW) on Tuesday reported a 3 percent decline in profit for the fourth quarter from last year, as higher costs more than offset double-digit growth in revenue. However, both revenue and adjusted earnings for the quarter beat analysts' expectations. VMware also...

Data integration software provider Informatica Corp. (INFA) reported Tuesday a profit for the fourth quarter that grew nine percent from last year, boosted by double-digit growth in software revenue. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. Sohaib Abbasi,...

Canadian railroad operator Canadian National Railway Co. (CNI, CNR.TO) reported Tuesday a profit for the fourth quarter that increased 33 percent from last year, reflecting revenue growth amid higher freight volumes and freight rate increases. Both earnings per share and quarterly revenue topped analysts'...

The Federal Communications Commission or FCC said Tuesday that Personal Wi-Fi networks, or "hot spots," are an important way that consumers connect to the Internet. It warned that Willful or malicious interference with Wi-Fi hot spots is illegal. The Enforcement Bureau has seen a disturbing trend...

Bank of New York Mellon Corp. (BK) disclosed in a regulatory filing on Friday that the company and certain current and former employees received so-called Wells notices from the U.S Securities and Exchange Commission, informing them the agency had "made a preliminary determination to recommend enforcement...

Hard-disk drive maker Western Digital Corp. (WDC) reported Tuesday a profit for the second quarter that increased seven percent from last year, despite revenue growth, reflecting lower costs and expenses. Adjusted earnings per share and quarterly revenues topped analysts' expectations. The company...

The Securities and Exchange Commission charged Oppenheimer & Co. with violating federal securities laws while improperly selling penny stocks in unregistered offerings on behalf of customers. Oppenheimer (OPY) agreed to admit wrongdoing and pay $10 million to settle the SEC's charges. Oppenheimer will...

AnchorBank, fsb, a wholly owned subsidiary of Anchor BanCorp Wisconsin Inc. (ABCW), announced that it has entered into a definitive agreement for the sale of its Viroqua branch to Royal Bank of Elroy, Wisconsin. The transaction is subject to regulatory approval and customary closing conditions and is...

Ethan Allen Interiors Inc. (ETH) reported that its net income for the second-quarter ended December 31, 2014 declined to $10.0 million or $0.34 per share from $11.6 million or $0.39 per share in the prior year quarter. Excluding special items in both periods, adjusted earnings for the quarter were...

United Community Banks Inc. (UCBI) and MoneyTree Corp. announced a definitive agreement for United to acquire MoneyTree and its wholly-owned bank subsidiary, First National Bank or "FNB". The transaction has been unanimously approved by the Board of Directors of each company and is expected to close...

Freescale Semiconductor Ltd. (FSL) Tuesday reported a swing to profit in the fourth quarter from a loss last year, helped mainly by sales growth and the absence of a one-time charge. Earnings for the quarter topped analysts' estimates, while revenues came in line with expectations. Shares of the company...

Rollins, Inc. (ROL) said Tuesday that its Board of Directors has approved a three-for-two stock split of the company's common shares. The split will be affected by issuing one additional share of common stock for every two shares of common stock held. The additional shares will be distributed on...

Aetna Inc. (AET) said Tuesday that it has entered into a three-year reinsurance arrangement with Vitality Re VI Ltd. as part of its long-term capital management strategy. The arrangement allows Aetna to reduce its required capital and provides $200 million of collateralized excess of loss reinsurance...

U.S. Steel Corp. (X) Tuesday reported a smaller profit for the fourth quarter, as last year's results were positively impacted by a hefty tax gain. On an adjusted basis, earnings for the quarter surged from a year ago and trumped Street estimates, driven by better-than-expected revenues and lower operating...

EZCORP, Inc. (EZPW) reported first-quarter income from continuing operations to company of $14.22 million or $0.26 per share, compared to $26.06 million or $0.48 per share, prior year. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.35 for...

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