Shares of Nash-Finch Company (NASDAQ: NAFC) soared on Monday after the regional grocery distributor Spartan Stores Inc. (NASDAQ: SPTN) announced that it has agreed to buy the food distributor company in an all-stock deal, estimated at around $1.3 billion, including debt. [...]
Diversified technology solutions provider, General Electric Company (NYSE: GE) said on Friday that fiscal second quarter profit rose 0.9% as it booked lower costs and expenses. [...]
Shares of General Electric Company (NYSE: GE) climbed about 4.60% by afternoon trade. The diversified technology solutions provider’s revenue and non-GAAP earnings slipped in the fiscal second quarter from the year earlier period; however, adjusted earnings beat Wall Street’s expectation. [...]
Home appliances maker, Whirlpool Corporation (NYSE: WHR) reported on Friday that its fiscal second-quarter net income rose 75 percent as demand for its products improved significantly across all regions even as gross margin improved. [...]
Capital One Finance Corp. (NYSE: COF) reported sharp jump in net income for its fiscal second-quarter as interest income from credit card business grew sharply amid significantly improving U.S. macroeconomic environment. [...]
Shares of Plexus Corp. (NASDAQ: PLXS) rallied 7.77% by afternoon trade. The contract electronic manufacturer, late last evening, handed better-than-expected revenue for the fiscal third quarter, aided by strong performance of its healthcare business. The company also provided upbeat revenue outlook for the current quarter. [...]
Diversified healthcare services provider, UnitedHealth Group Inc. (NYSE: UNH) reported on Thursday that its fiscal second-quarter net income rose 7.4%, aided by higher membership which helped driving up the top line growth. [...]
International Business Machines Corp. (NYSE: IBM) reported late on Wednesday that its fiscal second-quarter net income fell 17% as restructuring expenses (charges related to job cuts) and softness in hardware and software sales put pressure on the bottom line. [...]
Shares of Mattel Inc. (NASDAQ: MAT) plunged about 7.20% by afternoon trade. The toymakers said that net income fell 24% for the fiscal second quarter. The bottom line felt the pressure due to flagging sales of Barbie line of products and a write-down of $14 million, linked to Polly Pocket line of products. [...]
Cardiovascular medical devices maker, St. Jude Medical Inc. (NYSE: STJ) reported on Wednesday that its fiscal second-quarter profit plunged 53% as higher debt repayment expenses, charges related to restructuring and lower sales due to unfavorable trends in foreign exchange market, weighed on the bottom line. [...] |
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