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Deutsche Bank (DB) on Sunday reported an about 50 percent decline in first-quarter profit, despite clocking double-digit revenue growth, as the German lender recorded hefty legal charges over allegations of rate-rigging. In a statement, the bank said its results were hurt by litigation expenses of...

Germany's biggest lender Deutsche Bank (DB) reported first quarter net income declined to EUR 559 million from EUR 1.1 billion in the prior year. Profits were impacted by litigation expenses of EUR 1.5 billion, primarily reflecting the bank's definitive settlement with US and UK authorities relating...

Ellomay Capital Ltd. (ELLO) announced that it provided a notice of exercise of its option to buy additional 9% of the share capital of U. Dori Energy Infrastructures Ltd., which currently holds 18.75% of Dorad Energy Ltd. Following the exercise of the Option, the company's holdings in Dori Energy...

Marvell Technology Group Ltd (MRVL), a provider of integrated silicon solutions, cut its revenue guidance for the first quarter, citing weaker than expected PC and storage markets and sluggishness in demand from emerging markets. The company now expects first-quarter revenue of $710 million to $740...

Park National Corp. (PRK) reported net income for the first quarter of $19.0 million or $1.23 per share, compared to $19.6 million or $1.27 per share for the year-ago quarter. Analysts polled by Thomson Reuters expected the company to earn $1.24 per share for th first quarter. Net interest income...

First Niagara Financial Group, Inc. (FNFG) reported the first quarter of 2015 GAAP net income available to common shareholders of $43.8 million, or $0.12 per share, down from $52.7 million or $0.15 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.13...

A.O. Smith Corp. (AOS) reported first quarter 2015 net earnings of $58.4 million or $0.65 per share up from $46.7 million or $0.51 per share in the first quarter 2014. The prior year result included after-tax non-operating pension costs of $3.0 million or $0.03 per share. Sales for the quarter grew...

Biogen-042415.jpg Global biotechnology firm Biogen, Inc. reported Friday a profit for the first quarter that surged 71 percent from last year, reflecting lower charges and strong double-digit revenue growth amid increased sales of multiple sclerosis drugs Tysabri and Tecfidera. However, both adjusted earnings per share and quarterly revenues missed analysts' expectations, as Tecfidera sales growth began to slow.

Xerox-042415.jpg Xerox Corp. reported a 20 percent decline in profit for the first quarter from last year, reflecting lower revenues and margins amid currency headwinds. However, adjusted earnings per share from continuing operations matched analysts' expectations. Looking ahead, the company provided earnings forecast for the second quarter below Street view and again trimmed its fiscal 2015 outlook.

Gainers: Comcast Corp. (CMCSA) is up 1 percent to $59.94 based on the news that the company and Time Warner Cable Inc. (TWC) have mutually agreed to terminate their merger agreement. TWC is down 0.63 percent to $147.83. Microsoft Corp. (MSFT) is up over 4 percent to $45.30 as its third quarter...

The Interpublic Group of Companies, Inc. (IPG) reported a first-quarter net loss to shareholders of $1.8 million compared to a loss of $20.9 million, prior year. The company reported breakeven per share, compared to a loss of $0.05, last year. On average, 16 analysts polled by Thomson Reuters expected...

Simon Property Group Inc. (SPG) reported that its first-quarter of 2015 funds from operations or FFO declined to $830.7 million or $2.28 per share, from $865.3 million or $2.38 per share, in the prior year period. Results for the prior year quarter included FFO per share of $0.24 from the Washington...

Ventas Inc. (VTR) reported that its funds from operations or FFO, for the first quarter of 2015 rose to $358.8 million or $1.09 per share from $309.8 million or $1.05 per share in the first quarter of 2014. Normalized funds from operations for the quarter increased 20 percent to $387.5 million, from...

Flir Systems, Inc. (FLIR) posted first-quarter net income of $47.9 million, or $0.34 per share, up from $29.9 million, or $0.21 per share a year ago. Net income was impacted by after-tax restructuring charges of $0.2 million in the first quarter of 2015 and $6.4 million, or $0.04 per share, in the first...

Tyco-042415.jpg Swiss security products maker Tyco International Ltd. reported Friday a profit for the second quarter that declined from last year, hurt by higher charges, lower operating margins and a revenue drop amid currency headwinds. Adjusted earnings per share from continuing operations topped analysts' expectations, while quarterly revenues matched their estimates.

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