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Towerstream Corp. (TWER.OB), a Fixed Wireless Fiber Alternative Provider, announced the appointment of Ernest Ortega as Chief Executive Officer. Mr. Ortega succeeds Philip Urso who has served as the Company's Interim Chief Executive Officer since February 2016 and will continue to serve as Chairman...

Ciena (CIEN) announced that François Locoh-Donou will step down as senior vice president and chief operating officer, effective on or about March 23, 2017. The company said its management team is executing on its proven succession planning process to ensure a smooth transition for the organization. Locoh-Donou...

3M Co. (MMM) Tuesday announced an increase in fourth quarter net income attributable to the company to $1.155 billion from $1.038 billion last year. Earnings per share climbed to $1.88 from $1.66 in the previous year. On average, 16 analysts polled by Thomson Reuters expected the company to earn...

While reporting its fourth-quarter financial results today, Lockheed Martin Corp. (LMT) provided earnings outlook for fiscal 2017 below analysts' estimates. The company forecast fiscal 2017 earnings of $12.25 to $12.55 per share on net sales of $49.40 billion to $50.60 billion. On average, analysts...

Corning Inc. (GLW) reported that its fourth-quarter net income attributable to the company surged to $1.572 billion or $1.47 per share from $224 million or $0.17 per share in the same quarter last year. The translated earnings contract gain for the latest-quarter was $1.847 billion, compared to $38 million...

Allegheny Technologies Inc. (ATI) Tuesday announced a swing to profit for the fourth quarter from a loss last year. The company reported quarter net profit attributable to the company o f$9.9 million or $0.09 per share, compared to loss of $226.9 million or $2.12 per share last year. Revenue for the...

While reporting its fourth-quarter financial results today, Kimberly-Clark Corp. (KMB) provided earnings outlook for fiscal 2017 in line with analysts' estimates. For fiscal 2017, the company forecast net income of $6.20 to $6.35 per share and net sales to be similar to 2016, including organic sales...

D.R. Horton Inc. (DHI) said that it reaffirmed its fiscal 2017 guidance including a consolidated pre-tax profit margin of 11.2% to 11.5%, consolidated revenues of $13.4 billion to $13.8 billion, homes closed between 43,500 homes and 45,500 homes and cash flow from operations in the range of $300 million...

Genmab A/S (GMXAY.PK, GNMSF.OB) said that worldwide net sales of Darzalex, or daratumumab, as reported by Johnson & Johnson (JNJ) were $572 million in 2016. This comprised of net sales of $471 million in the U.S. and net sales in the rest of the world of $101 million. Genmab will receive royalties...

Whirlpool Corp. (WHR) disclosed in a regulatory filing that it began consultations with certain works councils and other regulatory agencies in connection with the company's proposal to restructure its EMEA dryer manufacturing operations. The company currently anticipates that about 500 positions would...

WestRock Company (WRK) and Multi Packaging Solutions International Limited (MPSX) announced an agreement for WestRock to acquire all of the outstanding shares of Multi Packaging Solutions for $18.00 per share in cash and the assumption of an estimated $873 million in net debt, for a total enterprise...

While reporting its first-quarter financial results today, recreational boat and yacht retailer MarineMax Inc. (HZO) raised its earnings outlook for fiscal 2017. Based on current business conditions, retail trends and other factors, the company now expects fully taxed earnings per share for fiscal...

Chemical giant EI DuPont De Nemours & Co. (DD) or DuPont said it expects first-quarter 2017 GAAP earnings per share to decrease about 18 percent versus prior year. The company's first-quarter 2017 GAAP earnings include an expected charge of about $0.15 per share for transaction costs associated with...

Taiwan's Siliconware Precision Industries Co., Ltd. (SPIL) reported Tuesday that its fourth-quarter net income was NT$2.83 billion or $89.05 million, compared to a net loss of NT$212 million last year. Earnings per ordinary share were NT$ 0.89, and earnings per ADS were $ 0.14. This is compared to loss...

Rio Tinto Plc (RTPPF.PK, RIO.L, RIO, RTNTF.PK) Tuesday said it signed a binding agreement for the sale of its Australian subsidiary Coal & Allied Industries Ltd. to Yancoal Australia Ltd. for up to $2.45 billion. As per the agreement, an initial $1.95 billion cash will be payable at completion; and...

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