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General Motors Co.'s (GM) Chevrolet announced that it is investing $5 billion to strengthen its business in global growth markets through the development of an all-new vehicle family that will meet the rapidly changing demands of customers in these markets. By creating one all-new vehicle family to...

Wave Systems Corp. (WAVX), a developer of enterprise security software solutions, announcedtoday that it has initiated a global restructuring of the Company's business in conjunction with a review of Wave's options for raising capital and pursuing customer transactions and other strategic alternatives. Wave's...

Primero Mining Corp.(PPP,P.TO) announced a fatal accident involving a Primero employee that occurred at its San Dimas mine in Mexico yesterday. "We are deeply troubled by the loss of Juan Jesús Torres Jiménez, a young underground miner at our San Dimas mine," said Joseph F. Conway, Chief Executive...

The U.S. Food and Drug Administration said that it approved a new balloon device to treat obesity without the need for invasive surgery. The ReShape Integrated Dual Balloon System is intended to facilitate weight loss in obese adult patients. The device likely works by occupying space in the stomach,...

United States Steel Corp (X) on Tuesday reported second-quarter net loss of $261 million or $1.79 per share compared with a loss of $18 million or $0.12 per share last year. Results for the latest quarter included a $136 million non-cash write-down of the company's retained interest in U. S. Steel...

TJX Companies, Inc. (TJX) said Tuesday that it has agreed to buy Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corporation Ltd. (GZL.AX) for a purchase price of A$80 million. The potential acquisition of Trade Secret provides TJX an opportunistic entry into...

SM Energy Co. (SM) reported a net loss for the second quarter of $57.5 million or $0.85 per share, compared to net income of $59.8 million or $0.88 per share for the year-ago quarter. Excluding items, adjusted net income for the second quarter was $33.2 million or $0.49 per share, compared to $106.5...

Equity Residential (EQR), a real estate investment trust that develops multifamily properties, on Tuesday reported second-quarter funds from operations of $341.3 million or $0.90 per share compared with $290.8 million or $0.77 per share last year. Excluding items, normalized FFO for the quarter was...

Kimco Realty Corp. (KIM) reported second quarter net income available to shareholders of $112.4 million, or $0.27 per share, compared to $74.9 million, or $0.18 per share, for the second quarter of 2014. Income from continuing operations decreased to $101.11 million from $128.99 million, a year ago....

VASCO Data Security International, Inc. (VDSI) reported net income for the second quarter of $13.9 million or $0.35 per share, compared to $6.9 million or $0.17 per share for the year-ago quarter. Income from continuing operations for the second quarter was $13.9 million or $0.35 per share, compared...

IAC (IACI) reported second quarter net income to shareholders of $59.3 million or $0.68 per share compared to a loss of $18.0 million or $0.22 per share, last year. Adjusted net income was $74.6 million or $0.85 per share, for the quarter. On average, 17 analysts polled by Thomson Reuters expected...

Cincinnati Financial Corp (CINF), a provider of property and casualty insurance, on Tuesday reported second-quarter net earnings of $176 million or $1.06 per share compared with $84 million or $0.51 per share last year. The company said the increase in profit reflects the after-tax effect of two primary...

NCR Corp (NCR) on Tuesday reported second-quarter net loss of $344 million or $2.03 per share, compared net income of $90 million or $0.53 per share last year. Adjusted earnings for the quarter were $0.66 per share, compared to $0.68 per share last year. Revenues for the quarter dropped to $1.60...

Procter & Gamble Co. (PG) Tuesday announced David Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company's President and Chief Executive Officer, effective November 1, 2015. On November 1, 2015, A.G. Lafley will become Procter & Gamble's Executive...

Atmel Corporation (ATML), a leader in microcontroller and touch solutions, reported second quarter net income of $6.3 million or $0.02 per share compared to $19.2 million or $0.05 per share for the second quarter of 2014. Non-GAAP net income for the second quarter of 2015 totaled $33.7 million or $0.08...

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