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General Motors Co. (GM) said Tuesday that it plans to invest $877 million to build a new body shop for the assembly plant, locating it closer to the Flint Metal Center, which supplies sheet metal and other parts used in the Chevrolet and GMC full-size pickups produced in the assembly plant. The company...

Sempra Energy (SRE) Tuesday said its second-quarter earnings rose to $295 million, or $1.17 per share from $269 million, or $1.08 per share in the comparable quarter last year. Adjusted earnings totaled $1.03 per share, while it was $1.08 per share last year. On average, 12 analysts polled by Thomson...

Expeditors International of Washington, Inc. (EXPD) reported that its second-quarter 2015 net earnings attributable to shareholders increased to $117.76 million from $91.30 million in the prior year. Net earnings per share for the quarter increased 33% to $0.61 from $0.46 last year. Analysts polled by...

Freddie Mac (FMCC.OB) reported net income of $4.2 billion for the second quarter of 2015 compared to net income of $1.4 billion, last year. Net income attributable to common stockholders was $256 million or $0.08 per share, for the second quarter of 2015. Net interest income was $4.0 billion for...

United Airlines (UAL) announced that Gerald Laderman has been named acting chief financial officer or CFO. He succeeds John Rainey, who has resigned to become chief financial officer at PayPal Holdings, Inc. Laderman will be responsible for the overall financial operations of the company, including...

Immunomedics Inc.(IMMU) announced that the Office of Orphan Products Development of the U.S. Food and Drug Administration (FDA) has granted orphan status for the use of veltuzumab, the Company's humanized anti-CD20 antibody, for the treatment of immune thrombocytopenia or ITP. In a Phase 1 study,...

Team Health Holdings, Inc. (TMH) Tuesday announced a definitive agreement to acquire national acute hospitalist and post-acute provider organization IPC Healthcare Inc. (IPCM) in cash transaction at an enterprise value of around $1.6 billion or $80.25 per share. The acquisition will be accretive to TeamHealth's...

Specialty pharmaceutical company ANI Pharmaceuticals, Inc (ANIP) reported second-quarter net income of $3.57 million or $0.31 per share, compared to a net loss of $2.36 million or $0.21 per share in the prior-year quarter. Excluding items, adjusted net income for the latest quarter was $6.31 million...

HCP Inc. (HCP) reported that its Funds From Operations or FFO applicable to common shares for the second-quarter declined to $305.50 million from $339.88 million in the prior year. FFO per common share was $0.65 down from $0.73 in the previous year. FFO as adjusted per common share increased to $0.79...

L.B. Foster Company (FSTR) reported second-quarter net income of $5.36 million or $0.52 per share, compared to $6.86 million or $0.67 per share, prior year. Income from continuing operations, excluding certain charges, was $9.7 million or $0.94 per share, for the quarter. On average, three analysts...

Ares Capital Corporation (ARCC) reported second-quarter net income of $146.5 million or $0.47 per share compared to $142.8 million or $0.48 per share, last year. Core EPS was $0.37, for the quarter. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of...

Harman International Industries, Inc. (HAR) reported fourth-quarter net income attributable to the company of $73.2 million or $1.01 per share, up from $43.2 million or $0.62 per share in the prior year. Excluding items, adjusted earnings for the quarter were $1.37 per share, compared to $1.25 per...

Alaska Air Group, Inc. (ALK) reported a 6.4 percent increase in traffic for July 2015 to 3.15 billion revenue passenger miles, while capacity expressed in available seat miles climbed 6.9 percent to 3.57 billion. Passenger load factor for the month edged down 0.4 points to 88.1 percent. These statistics...

Charter Communications, Inc. (CHTR) reported that its net loss for the second quarter of 2015 widened to $122 million from $45 million in the second quarter of 2014. Net loss per share was $1.09 compared to a loss of $0.42 last year. Second quarter 2015 net loss reflected a $128 million loss on extinguishment...

Kellogg Company (K) reported second-quarter net income of $223 million, or $0.63 per share, compared to $295 million or $0.82 per share reported in the second quarter of last year. Excluding items, comparable second-quarter 2015 earnings were $0.92 per share. Currency-neutral comparable earnings were...

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