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Amira Nature Foods Ltd. (ANFI) Monday reported first-quarter profit before tax of $12.0 million or $0.25 per share, up from $9.6 million or $0.21 per share in the same period last year. Adjusted profit after tax for the latest first quarter rose to $9.3 million or $0.26 per share from $7.4 million...

Era Group Inc. (ERA) announced that Sten Gustafson has resigned as Chief Executive Officer or CEO and as a director of the company effective August 29, 2014. The company said its Board has named Christopher Bradshaw, Era's Executive Vice President and Chief Financial Officer, as Acting Chief Executive...

Pacific Sunwear of California Inc. (PSUN), a specialty retailer focused on teens, Thursday reported a swing to second-quarter profit from a loss last year, reflecting revenue growth and a gain on derivative liability. Anaheim, California-based Pacific Sunwear's second-quarter net income was $7.5 million...

Payments processor Net 1 Ueps Technologies Inc. (UEPS), Thursday reported a surge in profit for the fourth quarter, as revenues jumped 55 percent, sending its shares up 20 percent in after-hours trade. The company's fourth-quarter net income was US$28.6 million or US$0.59 per share, compared to US$8.3...

OmniVision Technologies Inc (OVTI) Thursday reported first-quarter net income of $45.3 million or $0.78 per share, compared to $23.1 million or $0.42 per share in the comparable quarter last year. Excluding items, adjusted earnings for the quarter were $54.4 million or $0.91 per share, up from $31.7...

Splunk Inc. (SPLK), Thursday said second-quarter net loss was $60.8 million or $0.51 per share, wider than $13.7 million or $0.13 per share in the comparable quarter last year. Non-GAAP net income for the latest second-quarter was $1.2 million or $0.01 per share, compared to net loss of $1.2 million...

Avago Technologies Ltd. (AVGO) reported third-quarter net loss of $164 million or $0.65 per share, compared to net income of $142 million or $0.56 per share for the year-ago quarter. Excluding items, adjusted net income for the latest third quarter was $347 million, or $1.26 per share, compared to...

Fred's Inc. (FRED) reported that its net loss for the second quarter was $16.4 million or $0.45 per share, compared to net income of $3.3 million or $0.09 per share in the comparable quarter last year. Analysts polled by Thomson Reuters expected the company to report a loss of $0.17 per share for the...

Monexa Services Inc. announced that it has signed a distribution agreement with Ingram Micro Inc. (IM) in the United States and Canada, to boost its offering of technology solutions to its customer base. The company said the new alliance will enable Ingram Micro channel partners focused on cloud services...

Sun-n-Sand Group said it has renewed its technology agreement with Sabre Corp. (SABR), including use of the industry's leading distribution solution and SynXis central reservation system or CRS with plans to use this technology to help increase bookings and revenue. Sun-n-Sand, Sabre's first hotel...

Evite, a wholly owned subsidiary of Liberty Interactive Corp. (LINTA, LINTB, LVNTA, LVNTB), said that it has appointed Victor Cho as its Chief Executive Officer starting immediately. Prior to joining Evite, Cho spent over four years as the president and CEO of Kodak Gallery, where he led a holistic,...

Tyson Foods Inc. (TSN) said Thursday that it has successfully completed its tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands Co. (HSH) for $63.00 per share in cash, without interest. The tender offer expired on August 27, 2014. Computershare Trust Company,...

Churchill Downs Inc. (CHDN) Thursday said its board named William Carstanjen as the company's 12th Chief Executive Officer, succeeding Robert Evans who has been in this role since August 2006. Carstanjen has been the company's President and Chief Operating Officer since March 2011. The firm provides...

Amgen (AMGN) announced the submission of a Biologics License Application (BLA) to the U.S. FDA for evolocumab seeking approval for the treatment of high cholesterol. The company said its BLA for evolocumab contains data from approximately 6,800 patients, including more than 4,500 patients with high cholesterol...

North American design firm Stantec (STN, STN.TO) said Thursday that it signed a letter of intent to acquire Penfield & Smith. Stantec noted that the acquisition strengthens its infrastructure capabilities, presence on California's Central Coast. A 90-person civil engineering and land planning firm...