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Phillips 66 Partners LP (PSXP) Wednesday reported second-quarter earnings of $32.1 million or $0.41 per common limited partner unit. Earnings before interest, income taxes, depreciation and amortization or EBITDA totaled $37.6 million. Quarterly revenues amounted to $56.9 million, nearly 96...

Cynosure Inc. (CYNO) announced that it has promoted Executive Vice President, Chief Operating Officer and Chief Financial Officer Timothy Baker to President of the Company, effective August 1, 2014. Baker, 53, will continue to serve as CFO and will take the title of President from Michael Davin, who...

Auto parts maker Standard Motor Products Inc. (SMP), an automotive replacement parts manufacturer and distributor, said its second-quarter net earnings dropped to $10.64 million, or $0.46 a share, from $16.4 million, or $0.69 a share, last year. Consolidated net sales for the second quarter of 2014...

Tire maker Goodyear Tire & Rubber Co. (GT) Wednesday reported second-quarter net earnings which increased, as lower cost of sales offset a decline in revenues. While earnings beat analysts' estimates, revenues fell short. For the three months to June, net earnings rose to $213 million or $0.76 per...

amended: corrects headline and first para to replace Q2 with Q3. Franklin Resources Inc. (BEN) reported third-quarter net income attributable to the company of $578.9 million or $0.92 per share, up from $552.3 million or $0.86 per share last year. Analysts polled by Thomson Reuters expected the company...

United Microelectronics Corp. (UMC) said that its net income attributable to stockholders of the parent for the second quarter of 2014 rose to $117 million from $61 million in the same quarter last year. Earnings per ADS were $0.047, up from $0.025 last year. Net operating revenues for the quarter...

Dow Corning Corp., owned by Dow Chemical Co. (DOW) and Corning Inc. (GLW), reported that its second-quarter net income attributable to Dow Corning increased to $109.2 million from $87.2 million in the year ago quarter. But, adjusted net income for the quarter dropped to $99.5 million from $107.4 million...

Baxter International Inc. (BAX) announced that it has entered into a definitive agreement to sell its two commercially marketed vaccines and related production facilities to Pfizer Inc. for $635 million, subject to certain adjustments. Baxter expects the deal to be modestly dilutive to fourth quarter...

Oklahoma-based BOK Financial Corp. (BOKF) Wednesday reported second-quarter earnings which declined, hurt by lower interest revenues that were partially offset by higher fee income. Earnings, however, topped analysts' estimates. For the 3-month period, net earnings declined to $75.9 million or $1.10...

French drug maker Sanofi (SNYNF, SNY) and U.S.-based Regeneron Pharmaceuticals, Inc. (REGN) announced Wednesday that nine new Phase 3 ODYSSEY trials of alirocumab in people with hypercholesterolemia met their primary efficacy endpoint. According to the companies, the primary goal was of a greater...

Oil refiner and chemical maker Phillips 66 (PSX) recorded lower earnings of $863 million or $1.51 per share for the second quarter of 2014, versus $958 million or $1.53 per share, in the year-ago period. On average, 14 analysts polled by Thomson Reuters expected earnings of $1.70 per share for the quarter....

WEX Inc. (WEX) said that its second-quarter GAAP net income to common shareholders rose to $43.3 million, or $1.11 per share, from $42.2 million, or $1.08 per share, for the second quarter last year. On a non-GAAP basis, the Company's adjusted net income for the second quarter of 2014 increased 28%...

Mobile Mini, Inc. (MINI), a supplier of portable storage solutions, Wednesday reported second-quarter net earnings of $9.3 million or $0.20 per share, compared with a net loss of $14.4 million or $0.32 per share last year. The prior year results included a charge of $40.2 million related to the impairment...

Pharma giant Pfizer Inc. (PFE) has agreed to acquire Baxter International Inc.'s (BAX) portfolio of marketed vaccines for $635 million. Also, Pfizer would buy a portion of Baxter's facility in Orth, Austria, where these vaccines are manufactured. Baxter's portfolio of marketed vaccines includes NeisVac-C...

TransAlta Corp. (TAC, TA.TO) reported a net loss of C$50 million or C$0.18 per share for the second quarter, compared to net earnings of C$15 million or C$0.06 per share in the year-ago quarter. On a comparable basis, the company's loss totaled C$12 million or C$0.04 per share. On average, six analysts...