BY Real News
June 04 2015
18:40
U.K. Govt Publishes Second Set Of Letters By Prince Charles
U.K government published 17 letters from Prince Charles to various ministers during 2006 and 2009. The letters discuss various issues related to health, rural affairs, and architecture. For the last 10 year, legal battle has been going on for the release of the letters under freedom of information. It has said to cost more than 400 thousand pounds to the exchequer.
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BY Real News
June 04 2015
18:03
Opko Health To Buy Bio-Reference Laboratories For $1.47 Bln
Biopharmaceutical and diagnostics company Opko Health Inc. (OPK) has agreed to acquire Bio-Reference Laboratories Inc. (BRLI) in a deal valued at about $1.47 billion, the two companies said Thursday.
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BY Real News
June 04 2015
16:32
Joy Global Q2 Profit Declines, But Adj Results Top Estimates
Mining equipment maker Joy Global, Inc. (JOY) reported Thursday a profit for the second quarter that halved from last year, hurt by higher charges and lower operating margins as well as a double-digit sales decline amid drop in order bookings.
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BY Real News
June 04 2015
15:56
Rite Aid May Same Store Sales Rise 2.1%
Retail drugstore chain operator Rite Aid Corp. (RAD) reported Thursday a 2.1 percent increase in May same store sales, reflecting an improvement in pharmacy same store sales and front-end same store sales.
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BY Real News
June 04 2015
15:44
Ciena Q2 Results Top Estimates, Guides Q3 Revenues In Line
Network specialist Ciena Corp. (CIEN) reported Thursday a profit for the second quarter compared to a loss last year, reflecting improved operating margins and a revenue growth.
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BY Real News
June 04 2015
07:19
Bloomberg: GE Hires Banks For Sale Of $20 Bln Assets
Diversified conglomerate General Electric Co. (GE) has hired banks to start the sale of $20 billion of assets in its healthcare, railcar and franchise finance divisions, Bloomberg reported Wednesday, citing people with knowledge of the matter.
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BY Real News
June 04 2015
06:35
WSJ: Dish Network In Merger Talks With T-Mobile US
Dish Network Corp. (DISH) is in formative stage merger talks with T-Mobile US, Inc. (TMUS) that would combine the country's second-largest satellite TV operator with the fourth-largest wireless carrier in the U.S., according to Wall Street Journal report on Wednesday.
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BY Real News
June 04 2015
04:35
AIG Sells AerCap Holdings Shares To Raise $3.7 Bln
Insurer American International Group, Inc. (AIG) on Wednesday sold 86.88 million ordinary shares of Dutch aircraft lessor AerCap Holdings N.V. (AER) through an underwritten public offering and private sale to raise cash proceeds of about $3.7 billion.
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BY Real News
June 03 2015
23:40
Five Below Profit Rises, Outlook Strong; Shares Up 7%
Discount retailer Five Below Inc (FIVE), Wednesday said its first-quarter profit increased from a year ago, driven largely by a 22 percent jump in sales, with both earnings and revenues coming in ahead of Wall Street estimates.
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BY Real News
June 03 2015
15:37
Brown-Forman Q4 Profit Meets View, But Revenues Beat
Alcoholic beverage manufacturer Brown-Forman Corp. (BFB, BFA) on Wednesday reported a 6 percent increase in profit for the fourth quarter from last year, reflecting higher sales.
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BY Real News
June 03 2015
00:49
G-III Apparel Q1 Profit Rises - Update
Apparel maker G-III Apparel Group Ltd. (GIII) Tuesday reported an increase in profit for the first quarter, reflecting strong sales growth, with earnings and revenues trumping estimates. The company also lifted its forecast for the full-year 2016, sending its shares up about 7 percent in the after-hours trading.
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BY Real News
June 03 2015
00:23
Ascena Retail Q3 Profit Down Higher Costs
Clothing retailer Ascena Retail Group Inc. (ASNA), Tuesday reported a drop in profit for the third quarter, hurt largely by higher operating costs that offset a mediocre revenue growth and stronger margins. Both earnings and revenues for the quarter fell short of Wall Street estimates.
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BY Real News
June 02 2015
18:47
Toyota's May U.S. Sales Down 0.3%
Toyota Motor Corp (TM) on Tuesday said its U.S. sales in May inched down 0.3 percent year-over-year, hurt largely by lower car sales.
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BY Real News
June 02 2015
16:39
XCOM 2 Coming In November
2K and Firaxis Games announced Monday that XCOM 2 is currently scheduled for release in November 2015. XCOM 2 is the sequel to the Game of the Year award-winning strategy title XCOM: Enemy Unknown.
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BY Real News
May 29 2015
07:18
WSJ: JPMorgan Plans To Cut 5,000 Jobs
Financial services giant JPMorgan Chase & Co. (JPM) plans to cut more than 5,000 jobs as part of its efforts to cut down on costs and boost efficiency, the Wall Street Journal reported Thursday, citing people familiar with the company's decision.
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BY Real News
May 29 2015
02:33
Ulta Salon Q1 Profit Rises - Update
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA), Thursday reported an increase in first-quarter profit, helped largely by a double-digit sales growth and strong margins. The beauty products retailer's fourth-quarter earnings and revenues also topped Wall Street estimates.
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BY Real News
May 29 2015
00:43
OmniVision Q4 Profit Down, But Tops View
Digital imaging solutions provider OmniVision Technologies Inc (OVTI), Thursday reported a drop in profit for the fourth quarter, as revenues dropped and operating costs increased. Nevertheless, both earnings and revenues for the quarter trounced Wall Street estimates.
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BY Real News
May 29 2015
00:42
GameStop Profit Rises, Lifts FY Outlook - Update
GameStop Corp. (GME) on Thursday reported an increase in profit for the first quarter, as the video-game retailer's revenue and same-store sales rose, with both earnings and revenues topping Wall Street expectations.
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BY Real News
May 28 2015
07:03
Costco Wholesale Q3 Profit Rises, Beats View
Membership warehouses operator Costco Wholesale Corp. (COST) on Wednesday reported a 9 percent increase in profit for the third quarter from last year, reflecting higher membership fees and an increase in comparable sales that excludes the negative impacts from gasoline price deflation and a stronger dollar.
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BY Real News
May 27 2015
18:00
Chico's FAS Q1 Adj. Profit Meets View, But Revenues Miss
Specialty apparel retailer Chico's FAS Inc. (CHS) on Wednesday reported an 18 percent decline in profit for the first quarter from last year, as higher sales were offset by one-time charges and an increase in expenses. However, adjusted earnings per share matched analysts' expectations, while revenues missed their estimates.
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BY Real News
May 27 2015
00:45
TiVo Q1 Tops Street, Outlook Strong; Shares Up 5%
Set-top box maker TiVo Inc. (TIVO), Tuesday reported a slight drop in profit for the first quarter despite an increase in revenue, as its bottom line was impacted by a one-time interest expense. Nevertheless, both earnings and revenues for the quarter trumped Wall Street estimates, on subscription growth, sending shares up five percent.
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BY Real News
May 25 2015
19:36
Gazit-Globe's Citycon To Buy Sektor Gruppen
Gazit-Globe, Israel-based real estate investment company, Monday said its subsidiary Citycon has agreed to buy Norway's second largest commercial real estate company Sektor Gruppen for about 1.47 billion euros, including debt.
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BY Real News
May 22 2015
07:25
Vanguard Natural Resources To Buy Eagle Rock Energy In $614 Mln Deal
Oil and gas producer Vanguard Natural Resources, LLC (VNR) has agreed to acquire Eagle Rock Energy Partners L.P. (EROC) in a deal valued at about $614 million, including the assumption of debt, the two companies said Thursday.
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BY Real News
May 22 2015
06:26
WSJ: FTC Set To Clear Reynolds-Lorillard Deal As Early As Next Week
Tobacco companies Reynolds American, Inc. (RAI) and Lorillard, Inc. (LO) are set to receive antitrust clearance for their proposed merger as early as next week following a lengthy ten-month regulatory review, according to a Wall Street Journal report on Thursday.
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BY Real News
May 22 2015
05:39
WSJ: FCC Chairman Wheeler Reaches Out To Cable Executives To Allay Deal Concerns
Federal Communications Commission Chairman Tom Wheeler allayed fears about the uncertainty related to the regulatory climate for future cable deals, according to a Wall Street Journal report on Thursday.
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BY Real News
May 22 2015
03:19
Ross Stores Q1 Profit Rises, Lifts FY Outlook
Ross Stores Inc. (ROST) Thursday reported an increase in profit for the first quarter, as the discount apparel retailer's revenue grew 10 percent while operating margins improved. Earnings for the quarter trumped Wall Street estimates, as did revenues. Moving ahead, the company lifted its full-year guidance, but detailed a weak outlook for the second quarter.
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BY Real News
May 22 2015
03:18
Acxiom Loss Narrows, Outlook Weak; Stock Down 10%
IT services company Acxiom Corp. (ACXM), Thursday reported a fourth-quarter loss that narrowed from a year ago, reflecting the absence of an asset impairment charge recorded last year. Adjusted earnings for the quarter came in ahead of analysts' estimates, while quarterly revenues fell short of expectations.
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BY Real News
May 22 2015
01:09
Marvell Technology Q1 Profit Slips, But Tops View - Update
Marvell Technology Group Ltd. (MRVL) on Thursday said its fourth-quarter profit plunged from a year ago, as revenues dropped 24 percent. Earnings for the quarter trumped Wall Street estimates by a penny, but revenues fell short of expectations. Looking ahead, the chip maker detailed a weak outlook for the second quarter.
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BY Real News
May 22 2015
00:37
Lionsgate Q4 Profit Drops - Update
Lions Gate Entertainment Corp. (LGF) Thursday reported a plunge in profit for the fourth quarter, due largely to lower revenues.
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BY Real News
May 22 2015
00:33
Aeropostale Loss Narrows, But Misses View; Shares Tank 20%
Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped.
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