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Walmart and Benedict P. Morelli, attorney for Tracy Morgan, Ardley Fuqua, and Jeffrey Millea, announced a settlement agreement, ending a lawsuit against Walmart arising out of a multi-vehicle accident involving the men on June 7, 2014, on the New Jersey Turnpike. The terms and conditions of the settlement...

Analog semiconductor devices maker Avago Technologies Ltd. (AVGO) is in advanced talks to buy rival Broadcom Corp. (BRCM) in a deal worth about $35 billion, the Wall Street Journal reported citing people familiar with the matter. A deal between the companies could be announced as soon as Thursday. AVGO...

Union Pacific (UNP) said that it plans to invest $72 million in 2015 to improve Louisiana's transportation infrastructure. The company's multi-million dollar private investment will enhance employee, community and customer safety and increase rail operating efficiency. Union Pacific's planned investment...

Costco Wholesale Corp. (COST) reported that its net income attributable to the company for the third quarter ended May 10, 2015 rose to $516 million or $1.17 per share, from $473 million or $1.07 per share, last year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.16...

Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) announced Wednesday that its wholly owned subsidiary, Salix Pharmaceuticals, Inc., has received approval from the U.S. Food and Drug Administration or FDA for Xifaxan 550 mg for the treatment of Irritable Bowel Syndrome with Diarrhea or IBS-D in...

City National Corp. (CYN), the parent company of wholly owned City National Bank, announced that its shareholders have voted in favor of the proposal to adopt the merger agreement with Royal Bank of Canada (RY, RY.TO) at a special meeting of stockholders held May 27, 2015, in Los Angeles. On January...

Online vehicle auctioneer Copart Inc (CPRT) on Wednesday reported third-quarter net earnings of $57.6 million or $0.44 per share. This compares with a profit of $40.9 million or $0.31 per share last year, when it incurred some impairment charges. Meanwhile Copart's revenues for the quarter fell 4%...

EnLink Midstream Partners LP (ENLK) on Wednesday said it has acquired the remaining 25 percent equity interest in EnLink Midstream Holdings LP from EnLink Midstream LLC (ENLC) for about $900 million of newly issued Partnership common units. The Partnership now holds 100 percent of EnLink Midstream...

Actavis plc (ACT) on Wednesday said the U.S. Food and Drug Administration has approved Viberzi (eluxadoline) as a twice-daily, oral treatment for adults suffering from irritable bowel syndrome with diarrhea (IBS-D). IBS-D is a multifactorial disorder marked by recurrent abdominal pain or discomfort...

EnerSys (ENS), a provider of stored energy solutions for industrial applications, on Wednesday reported fourth-quarter net earnings of $26.5 million or $0.57 per share compared with $12.8 million or $0.26 per share last year. Excluding impairment charges, restructuring costs and other one-time items,...

Aegean Marine Petroleum Network Inc (ANW), a marine fuel logistics company, on Wednesday reported first-quarter net earnings of $12.2 million or $0.25 per share compared with $5.1 million or $0.11 per share last year. Revenues for the quarter were $1.02 billion compared with $1.69 billion in the prior...

Amerco (UHAL) on Wednesday reported fourth-quarter net earnings of $9.5 million or $0.47 per share compared with $39.2 million or $2.00 per share last year. Results for the 2015 quarter included an after-tax expense of $1.96 per share associated with fourth quarter accrual of $60.7 million for the...

Popeyes Louisiana Kitchen Inc (PLKI) on Wednesday reported first-quarter net earnings of $13.6 million or $0.58 per share compared with $11.1 million or $0.46 per share last year. Excluding items, adjusted earnings for the quarter were $0.58 per share compared with $0.46 per share a year ago. Revenues...

Teen apparel retailer Tilly's Inc (TLYS) on Wednesday reported first-quarter net earnings of $1.3 million or $0.05 per share compared with $0.6 million or $0.02 per share last year. Revenues for the quarter were higher at $120.2 million compared with $111.1 million in the prior year. Analysts polled...

Semiconductor company Semtech Corp (SMTC) on Wednesday reported first-quarter net loss of $142 thousand or $0.00 per share compared with a profit of $7.9 million or $0.12 per share last year. Excluding items, adjusted earnings for the quarter were $0.27 per share compared with $0.32 per share a year...

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