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Tyson Foods, Inc. (TSN) said Friday that it plans to discontinue operations at three facilities as part of its ongoing efforts to improve the performance of its prepared foods business. The company said its Cherokee, Iowa, plant will close effective September 27, while its Buffalo, New York, and Santa...

Frontier Communications Corp. (FTR) said Friday that the Federal Communications Commission has approved its proposed acquisition of AT&T, Inc.'s (T) local wireline, broadband and video operations in Connecticut. Frontier is currently also seeking approval from the Connecticut Public Utilities Regulatory...

Hudson Valley Holding Corp. (HVB) posted second-quarter net income of $2.4 million or $0.12 per share, compared to $3.5 million or $0.18 per share in the comparable quarter last year. On average, four analysts polled by Thomson Reuters expected the company to earn $0.14 per share. Analysts' estimates...

Cal-Maine Foods, Inc. (CALM) said Friday that it has entered into a new joint venture for specialty egg sales with Hickman's Egg Ranch, Inc. Based in Buckeye, Arizona, a suburb of Phoenix in western Maricopa County, Hickman's Egg Ranch has been family-owned and operated since 1944. With processing...

Northrop Grumman Corp. (NOC) said the U.S. Army has awarded it a cost-plus-fixed-fee contract, with a potential value of $205 million, to continue providing mission logistics services in support of combat brigades training at the National Training Center in Fort Irwin, California. The company said...

Provident Financial Services Inc. (PFS) posted second-quarter net income of $16.4 million or $0.28 per share, compared to $19.2 million or $0.34 per share in the comparable quarter last year. On average, eight analysts polled by Thomson Reuters expected the company to earn $0.31 per share. Analysts'...

NuStar GP Holdings, LLC (NSH) reported net income for the second quarter of $15.8 million or $0.37 per unit, compared to $12.6 million or $0.29 per unit for the year-ago quarter. Equity in earnings of NuStar Energy L.P. rose to $16.74 million in the second quarter from $13.42 million in the second...

The First of Long Island Corp. (FLIC) posted second-quarter net income of $5.5 million or $0.60 per share, compared to $5.3 million or $0.58 per share in the comparable quarter last year. The increase in net income for the second quarter of 2014 versus the same quarter last year is largely attributable...

Sinclair Broadcast Group, Inc. (SBGI) said Friday that the Federal Communications Commission and the Department of Justice have approved the company's $985 million purchase of TV stations owned by Allbritton Communications Co. Sinclair said it plans to close the deal on August 1.

Gorman-Rupp Co. (GRC) Friday reported second-quarter net income of $8.9 million or $0.34 per share, compared to $9.2 million or $0.35 per share in the same period last year. On average, four analysts polled by Thomson Reuters expected the company to earn $0.41 per share for the quarter. Analysts'...

Ambac Financial Group Inc. (AMBC) announced Friday that its principal financial guarantee subsidiary, Ambac Assurance Corporation , has finalized a settlement with the City of Detroit regarding its insured limited tax general obligation or "LTGO" bonds. The LTGO settlement is comprised of new LTGO...

Fomento Económico Mexicano, S.A.B. de C.V. or FEMSA (FMX) said its second-quarter net consolidated income dropped by 12.1% to Ps. 4.46 billion, from Ps. 5.08 billion a year ago, hurt by higher financing expenses on bonds issued recently by Coca-Cola FEMSA, a decline in FEMSA's reported 20% participation...

RSP Permian, Inc. (RSPP), an independent oil and natural gas company, Friday said it will buy certain undeveloped acreage and oil and gas producing properties located in Glasscock County for nearly $259 million in cash, through separate transactions. The company expects the deals to add to its cash flow...

Contract electronics manufacturer Jabil Circuit Inc. (JBL) announced that its board has authorized the repurchase of up to $100 million worth of shares of the Company's common stock. This share repurchase program expires on August 31, 2015. The company's current repurchase authorization of $200 million...

STMicroelectronics (STM), a global semiconductor leader serving customers across the spectrum of electronics applications, Friday said it has opened a new MEMS Microphone Lab in Taiwan to test and analyze high-performance audio applications built with ST's MEMS microphones. ST's new advanced MEMS...