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LVMH Moët Hennessy Louis Vuitton, (LVMUY.PK) the world's largest maker of luxury goods, reported net profit of €1.71 billion for the first half of 2016, up 8% from €1.58 billion in the first half of 2015. Profit from recurring operations for the first half of 2016 was €2.96 billion, same as last year. Total...

FCA US announced that it will invest $1.48 billion in its Sterling Heights Assembly Plant to retool it to build the next generation Ram 1500 and support the future growth of the Ram brand. The Company also confirmed that production of the Chrysler 200 will end in December 2016 in order to begin the...

Tower International, Inc. (TOWR) reported second-quarter income per share from continuing operations of $0.71 compared to $0.89, prior year. From continuing and discontinued operations, the company reported a net loss of $4.8 million or a loss of 23 cents per share, compared with net income of $18.6...

Bristol-Myers Squibb Co. (BMY) announced Tuesday a new clinical research collaboration with Janssen Biotech, Inc. in Immuno-Oncology focused on lung cancer. The companies would evaluate Bristol-Myers' Immuno-Oncology or I-O agent Opdivo (nivolumab) and Janssen's Live Attenuated Double-Deleted or...

Sonic Automotive Inc. (SAH) Tuesday announced second quarter net income of $22.822 million, up from $14.78 million in the prior year. On a per share basis earnings increased to $0.50 from $0.29 per share last year. On average, 11 analysts polled by Thomson Reuters expected the company to record $0.50...

FIS (FIS), a global leader in financial services technology, announced, for fiscal 2016, the company now expects: Organic revenue growth of 4 to 5 percent, up from prior guidance of 3 to 4 percent; and adjusted EPS of $3.75 to $3.85, up from prior guidance of $3.70 to $3.80. Analysts polled by Thomson...

JetBlue Airways Corp. (JBLU) reported Tuesday that its second-quarter net income climbed 18.5 percent to $180 million or $0.53 per share from last year's $152 million or $0.44 per share. On average, 12 analysts polled by Thomson Reuters expected earnings of $0.49 per share for the quarter. Analysts'...

Reynolds American Inc. (RAI) narrowed its 2016 adjusted EPS guidance to a range of $2.26 to $2.34. In April, the company projected its adjusted earnings per share in a range of $2.25 to $2.35. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.35. Analysts' estimates...

LMI Aerospace Inc. (LMIA) Tuesday announced that its chief operating officer Joe DeMartino has resigned due to personal reasons, effective immediately. DeMartino has been with the company as COO since August 2014. For the interim period, CEO Dan Korte will oversee DeMartino's duties.

Baxter International Inc. (BAX), a provider of essential renal and hospital products, reported Tuesday that its second quarter net income was $1.21 billion or $2.19 per share, significantly higher than last year's $332 million or $0.60 per share. The results included net gain of approximately $1.1...

DTE Energy Co. (DTE) Tuesday announced an increase in second quarter net earnings attributable to the company to $152 million from $109 million last year. On a per share basis, earnings grew to $0.84 from $0.61 a year ago. On average, 8 analysts polled by Thomson Reuters expected the company to...

MarineMax, Inc. (HZO), the nation's largest recreational boat and yacht retailer, announced the company is raising guidance expectations for fully taxed earnings per share to be in the range of $0.86 to $0.90 for fiscal 2016 from previously issued range of $0.68 to $0.75. Analysts polled by Thomson Reuters...

Avery Dennison Corp. (AVY), a provider of pressure-sensitive materials, on Tuesday raised the midpoint for its fiscal 2016 reported earnings per share by $0.10 and adjusted earnings per share by $0.05. The company now expects 2016 reported earnings per share of $3.35 to $3.50, and adjusted earnings...

Anixter International Inc (AXE), a provider of electrical components & equipment, Tuesday said it now expects full year 2016 sales growth between 20 to 24 percent. The acquisition will increase sales by 24 percent, while currency and copper will each have a negative impact of 1 percent. The net result...

Health insurer Centene Corp. (CNC) lifted its earnings and revenues forecast for fiscal 2016 on Tuesday, after reporting significant growth in its second-quarter results. For fiscal 2016, the company now expects reported earnings per share of $2.65 to $3.00, adjusted earnings per share of $4.20 to...

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