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Edwards Lifesciences Corp. (EW) announced, for the full year 2016, the company now expects sales to be at the high end of its previous $2.7 to $3.0 billion range based on its strong first half results, an anticipated third quarter approval of intermediate risk in the U.S., and the momentum of therapy...

UDR (UDR) tightened and increased FFO as adjusted and AFFO per share guidance to $1.77 to $1.80 from $1.75 to $1.81 and $1.61 to $1.64 from $1.59 to $1.65, respectively. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.78. Analysts' estimates typically exclude special...

LogMeIn, Inc. (LOGM) and Citrix Systems, Inc. (CTXS) announced a definitive merger agreement for LogMeIn to combine with Citrix's GoTo business in a Reverse Morris Trust transaction, valued at approximately $1.8 billion. Citrix equityholders will receive an aggregate of approximately 27.6 million LogMeIn...

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...

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