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Avis Budget Group, Inc. (CAR), a provider of vehicle rental services, has agreed to acquire its Budget Car Rental licensee for southern California and Las Vegas for around $210 million, plus the cost of acquired fleet. The licensee being acquired operates directly at Los Angeles International and...

State Street Corp.'s (STT) third-quarter of 2014 net income available to common shareholders increased to $542 million from $531 million in the third quarter of 2013. Earnings per share were $1.26 higher than last year's $1.17. Third-quarter 2014 results include a net after-tax charge of $53 million,...

TCF Financial Corp. (TCB) said third-quarter net income attributable to the company increased to $52.32 million or $0.29 per share from $42.8 million or $0.23 per share last year. On average, 17 analysts polled by Thomson Reuters expected earnings of $0.29 per share for the quarter. Analysts' estimates...

Choice Hotels International, Inc. (CHH) reported that its third-quarter income from continuing operations, net of income taxes, increased to $39.42 million or $0.67 per share from $38.57 million or $0.65 per share, last year. On average, 12 analysts polled by Thomson Reuters expected the company...

QLT Inc. (QLTI, QLT.TO) announced that current QLT Board member, Geoffrey Cox, has been appointed interim Chief Executive Officer, effective immediately. Cox has more than 35 years of business and scientific leadership in the pharmaceutical and biotechnology industries, 13 years of which have been...

Omnicare Inc. (OCR) reported that its net income for its third quarter ended September 30, 2014 was $64.83 million or $0.61 per share, compared to a net loss of $66.31 million or $0.65 per share in the year ago quarter. Adjusted cash earnings per share from continuing operations for the quarter rose...

Aaron's, Inc. (AAN) Friday reported a drop in third-quarter earnings, as a rise in operating expenses eclipsed higher revenues which were boosted by the Progressive acquisition. Earnings, however, beat analysts' estimates. Looking ahead, the company lowered its annual profit outlook, but slightly...

Express Energy Services, a North American oilfield services company, announced that funds managed by affiliates of Apollo Global Management, LLC (APO) and participating management have agreed to acquire the firm from its existing shareholders for undisclosed terms. Founded in 2000, Express is a provider...

LifePoint Hospitals, Inc. (LPNT) Friday reported a drop in third-quarter profit, as the company spent more in employee salaries and benefits, which overshadowed 29.6 percent growth in revenues. Profit as well as revenues fell short of Street view. Net profit declined to $28.7 million or $0.59 per...

Package delivery giant United Parcel Service Inc. (UPS) reported that its third-quarter net income rose to $1.214 billion from last year's $1.097 billion, with earnings per share improving to $1.32 from $1.16 in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report...

Drugmaker Bristol-Myers Squibb Co. (BMY) Friday said third-quarter net earnings attributable to the company grew to $721 million from $692 million in the previous year. Earnings per share grew to $0.43 from $0.42. Adjusted earnings per share were $0.45, in comparison with last year's $0.46. On average,...

Ventas Inc. (VTR) reported that its third-quarter income from continuing operations decreased to $106.34 million from $127.77 million, last year. Income per share from continuing operations attributable to stockholders, including real estate dispositions was $0.37, compared to $0.43. Normalized FFO...

Flir Systems, Inc. (FLIR) Friday reported third-quarter net earnings of $52.9 million or $0.37 per share, up from $46.5 million or $0.32 per share in the previous year. The recent quarter results were impacted by net after tax restructuring charges of $0.02 per share. On average, 11 analysts polled...

SandRidge Energy Inc.'s (SD) subsidiary MidCon Midstream, LP has filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission or "SEC" regarding its proposed initial public offering of common units representing limited partner interests. MidCon Midstream is a Delaware...

Lear Corp (LEA) Friday reported third-quarter net income attributable to the company of $140.1 million or $1.72 per share, up from $112.8 million or $1.38 per share in the prior year. Adjusted earnings per share were $1.93, while the firm posted $1.45 per share last year. On average, 14 analysts...