logo

Quick Facts

Share SHARE

Alibaba Group Holding Ltd. (BABA) announced the formation of a strategic partnership with the Shanghai-based retailer Bailian Group to explore new forms of retail opportunities across each other's ecosystem. The companies will leverage the power of big data to achieve integration between offline stores,...

AT&T (T) said Friday that it has reached a tentative agreement with the Communications Workers of America or CWA in negotiations covering CWA-represented former DIRECTV field services employees in four states. The agreement covers nearly 280 employees in Delaware, Maryland, New Mexico and Oregon,...

Perrigo Company plc (PRGO) today announced it has received final approval from the U.S. Food and Drug Administration for hydrocodone bitartrate and homatropine methylbromide oral solution (syrup), 5 mg/1.5 mg per 5 mL. Hydrocodone bitartrate and homatropine methylbromide oral solution (syrup), 5 mg/1.5...

Packaged food company General Mills (GIS) said that in response to revised second-half growth expectations driven largely by recent sales performance on U.S. yogurt and soup, the company is reducing its sales and earnings outlook for the fiscal year ending May 2017. General Mills said its fiscal...

Fannie Mae (FNMA) reported that its net income attributable to common stockholders for fiscal year 2016 was $77 million or $0.01 per share, compared to a loss of $262 million or $0.05 per share in the prior year. Fannie Mae's 2016 net income of $12.3 billion increased from $11.0 billion in 2015 due...

Moody's Corp. (MCO) Friday said it expects fiscal 2017 earnings per share between $5.15 and $5.30 including the estimated $0.15 per share benefit resulting from the accounting standard update. In the year 2016, the company reported earnings per share of $1.36, while adjusted earnings per share were...

XL Group Ltd (XL) said its board of directors has approved a new share buyback program, authorizing the company to buy back up to $1 billion of its common shares. The previous share buyback program, which had approximately $349 million remaining, was canceled. The company expects the purchases to...

Cooper Tire & Rubber Company (CTB) announced its Board has increased and extended share repurchase program by authorizing the repurchase of up to $300 million of the company's outstanding common stock through Dec. 31, 2019. The $300 million authorization replaces the $98 million remaining on the authorization...

While reporting its fourth-quarter financial results today, VF Corp. (VFC) provided its financial outlook for fiscal 2017. The company forecast fiscal 2017 earnings per share to be down at a low single-digit percentage rate compared to 2016 adjusted earnings per share of $3.11. In addition, the...

Spectra Energy Partners, LP (SEP) reported fourth-quarter net income from controlling interests of $301 million or $0.70 per limited partner unit compared to $304 million, or $0.82 per limited partner unit, prior-year quarter. The company noted that its fourth quarter results included non-recurring special...

Barns Group Inc. (B), an industrial and aerospace manufacturer and service provider, reported Friday that its fourth-quarter net income increased 50.4 percent to $36.71 million from last year's $24.41 million. Earnings per share grew 52.3 percent to $0.67 from $0.44 a year ago. On an adjusted basis,...

J. M. Smucker Company (SJM) updated its full-year fiscal 2017 net sales, earnings, and free cash flow outlook. Net sales for fiscal year 2017 are expected to decrease approximately 5 percent from fiscal 2016, including a 2 percent impact of the U.S. canned milk divestiture. Excluding the impact of...

AstraZeneca (AZN.L) said, in the treatment of patients with HER2-negative metastatic breast cancer harbouring germline BRCA1 or BRCA2 mutations, Lynparza showed a statistically-significant and clinically-meaningful improvement in progression-free survival compared with those who received chemotherapy...

Financial services company Aegon NV (AGN.L, AEG) reported Friday that its fourth-quarter attributable net income was 470 million euros, compared to prior year's loss of 581 million euros. Net underlying earnings were 471 million euros, compared to 381 million euros a year ago. Underlying earnings...

LMI Aerospace Inc. (LMIA), a supplier of structural assemblies, kits and components to aerospace markets, Friday said it now expects fiscal 2016 net sales between $345.7 million and $346.7 million, compared to previous estimate of $345.0 million to $355.0 million. On average, four analysts polled...

Follow RTT