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Freeport-McMoRan Inc. (FCX) announced it has undertaken a comprehensive review of its operating plans in its mining and oil and gas businesses to target significant additional reductions in capital spending and operating and administrative costs in response to weak market conditions for its major products. The...

American International Group, Inc. (AIG) announced that Douglas A. Dachille, Chief Executive Officer of First Principles Capital Management, LLC , will become Executive Vice President and Chief Investment Officer of AIG, succeeding William Dooley, Executive Vice President, Investments, who is retiring. Additionally,...

Caterpillar Inc. (CAT) announced it will begin independently designing and manufacturing its vocational truck product family at its plant in Victoria, Texas. The plant, which opened in 2012, currently produces hydraulic excavators. Caterpillar launched its first vocational truck, the CT660, in the...

Ecolab Inc. (ECL) Tuesday announced a three percent decline in second quarter net income to $302 million from $311.4 million in the prior year. Earnings per share declined two percent to $1 from $1.02 last year. On an adjusted basis, earnings increased five percent to $1.08 per share. Impact of currency...

AK Steel Holding Corp. (AKS) reported second-quarter net loss attributable to the company of $64.0 million or $0.36 per share, wider than loss of $17.1 million or $0.13 per share in the comparable quarter last year. On average, 17 analysts polled by Thomson Reuters expected the company to report loss...

LyondellBasell Industries (LYB) reported second-quarter earnings from continuing operations of $1.33 billion, or $2.81 per share compared to $1.17 billion or $2.22 per share, last year. Excluding LCM Impact Income from continuing operations, earnings per share was $2.79, for the quarter. On average,...

Royal Bank of Scotland Group Plc. (RBS, RBS.L) said that it intends to sell part of its shareholding in Citizens Financial Group Inc. (CFG) in an underwritten public follow-on offering. RBS offers 75 million shares of Citizens' common stock, equivalent to 14.0% of CFG's issued and outstanding common...

Peabody Energy Corp. (BTU) reported that second-quarter net loss attributable to common stockholders sharply widened to $1.05 billion or $3.84 per share from $73.3 million or $0.27 per share in the prior-year quarter. Loss per share from continuing operations for the latest quarter was $3.71. Results...

Alliance Resource Partners, L.P. (ARLP) reported second-quarter net income to company of $94.86 million or $0.76 per unit, compared to $137.65 million or $1.37 per unit in the prior-year quarter. On average, seven analysts polled by Thomson Reuters expected the company to report profit per unit of...

Affiliated Managers Group Inc. (AMG) reported that its net income for the second quarter of 2015 rose to $128.7 million, from $99.1 million for the same period of 2014. Earnings per share for the second quarter were $2.31, compared to $1.75 for the same period of 2014. Economic net income for the...

Fresh Del Monte Produce Inc. (FDP) reported second quarter net income attributable to company of $64.5 million compared to $64.3 million, a year ago. Earnings per share was $1.21 compared to $1.15. Comparable earnings per share were $1.20 in the second quarter of 2015. Net sales were $1.13 billion,...

Teva Pharmaceutical Industries Ltd., (TEVA) said it has successfully filed a Marketing Authorization Application or MAA with the European Medicines Agency for reslizumab. Reslizumab is a humanized anti-interleukin-5 monoclonal antibody for the treatment of inadequately controlled asthma in adult...

Waddell & Reed Financial Inc. (WDR) reported second quarter 2015 net income of $67.4 million or $0.80 per share, down from $83.0 million or $0.98 per share, in the second quarter of 2014. Operating revenues were $394.0 million, down from $401 million last year. Analysts polled by Thomson Reuters...

DHI Group, Inc. (DHX), formerly known as Dice Holdings, Inc., reported that second-quarter net income declined to $5.68 million or $0.11 per share from $7.21 million or $0.13 per share in the prior-year quarter. On average, six analysts polled by Thomson Reuters expected the company to report earnings...

Grocery retailer Supervalu, Inc. (SVU) reported that net earnings for the first quarter grew to $61 million or $0.23 per share from $43 million or $0.17 per share in the prior-year quarter, which included $0.01 per share of loss from discontinued operations. On average, 13 analysts polled by Thomson...

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