Financial News from AP

  • QLogic beats 1Q profit forecasts Associated Press - 3 minutes 17 seconds ago

    The Aliso Viejo, California-based company said it had profit of 22 cents per share. Earnings, adjusted for one-time gains and costs, came to 29 cents per share. The results surpassed Wall Street expectations. ...

  • Carriage Services misses 2Q profit forecasts Associated Press - 3 minutes 18 seconds ago

    On a per-share basis, the Houston-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, were 37 cents per share. The results did not meet Wall Street expectations. ...

  • IS group claims attack that killed 85-year-old French priest Associated Press - 4 minutes 8 seconds ago
    IS group claims attack that killed 85-year-old French priest

    SAINT-ETIENNE-DU-ROUVRAY, France (AP) — The Islamic State group crossed a new threshold Tuesday in its war against the West, as two of its followers targeted a church in Normandy, slitting the throat of an elderly priest celebrating Mass and using hostages as human shields before being shot by police.

  • Sanders supporters: Unmoved by plea to support Clinton Associated Press - 7 minutes ago
    Sanders supporters: Unmoved by plea to support Clinton

    PHILADELPHIA (AP) — Unmoved by Bernie Sanders' plea for party unity behind Hillary Clinton, thousands of Sanders supporters chanting "Bernie or bust!" took to the streets under the hot sun Tuesday for another round of protests on Day 2 of the Democratic convention.

  • AP Top Extended Financial Headlines at 5:42 p.m. EDT Associated Press - 8 minutes ago

    Stocks end a muddled day close to where they started as investors worked through a large batch of earnings from a range of companies including Gilead, McDonald's and Texas Instruments

  • Court strikes down Missouri law cutting jobless benefits Associated Press - 8 minutes ago

    JEFFERSON CITY, Mo. (AP) — The Missouri Supreme Court struck down a law Tuesday that had cut the duration of the state's unemployment benefits to one of the shortest periods nationally, meaning thousands of residents could get a longer financial lifeline as they look for work.

  • Axis Capital beats 2Q profit forecasts Associated Press - 9 minutes ago

    The Pembroke, Bermuda-based company said it had net income of $1.29 per share. Earnings, adjusted for non-recurring gains and investment gains, came to 51 cents per share. The results surpassed Wall Street ...

  • Environmentalists take aim at TransCanada pipeline project Associated Press - 10 minutes ago

    BOSTON (AP) — Environmentalists are again taking aim at the company that proposed the Keystone XL pipeline — this time for another of its projects they fear would send hundreds of supertankers laden with crude oil down the Atlantic coast to refineries in Texas and Louisiana.

  • NCR beats 2Q profit forecasts Associated Press - 11 minutes ago

    On a per-share basis, the Duluth, Georgia-based company said it had profit of 49 cents. Earnings, adjusted for amortization costs and restructuring costs, came to 72 cents per share. The results surpassed ...

  • Boston Properties reports 2Q results Associated Press - 11 minutes ago

    The Boston-based real estate investment trust said it had funds from operations of $220.6 million, or $1.43 per share, in the period. The average estimate of 12 analysts surveyed by Zacks Investment Research ...

  • Chemical Financial beats Street 2Q forecasts Associated Press - 11 minutes ago

    The bank, based in Midland, Michigan, said it had earnings of 67 cents per share. Earnings, adjusted for non-recurring costs, were 72 cents per share. The results topped Wall Street expectations. The average ...

  • The Latest: Roll call of states begins; Clinton eyes history Associated Press - 11 minutes ago
    The Latest: Roll call of states begins; Clinton eyes history

    PHILADELPHIA (AP) — The Latest on the Democratic National Convention (all times EDT):

  • Bill Clinton prepares for most personal convention speech Associated Press - 12 minutes ago
    Bill Clinton prepares for most personal convention speech

    PHILADELPHIA (AP) — When Bill Clinton takes the stage Tuesday night for his 10th address to a Democratic convention, the ex-president, husband and party standard-bearer will step into a singular role in American history: potential first gentleman.

  • Dakota Access pipeline gets federal permit approvals in Iowa Associated Press - 14 minutes ago

    DES MOINES, Iowa (AP) — A crude oil pipeline that will cut across Iowa has received the final federal permit approvals needed to proceed with construction.

  • CEB beats 2Q profit forecasts Associated Press - 14 minutes ago

    The Arlington, Virginia-based company said it had net income of 24 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, were 97 cents per share. The results beat Wall Street ...

  • Psychemedics posts 2Q profit Associated Press - 14 minutes ago

    The Acton, Massachusetts-based company said it had profit of 30 cents per share. The drug testing company posted revenue of $9.7 million in the period. Psychemedics shares have risen 37 percent since the ...

  • First Community Bancshares posts 2Q profit Associated Press - 14 minutes ago

    The Bluefield, Virginia-based bank said it had earnings of 36 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 38 cents per share. The holding company for First Community ...

  • Key Tronic posts 4Q profit Associated Press - 14 minutes ago

    On a per-share basis, the Spokane, Washington-based company said it had net income of 20 cents. The electronic manufacturing services company posted revenue of $123.9 million in the period. For the year, ...

  • Boot Barn meets 1Q profit forecasts Associated Press - 14 minutes ago

    The Irvine, California-based company said it had profit of 2 cents per share. The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also ...

  • Unisys posts 2Q profit Associated Press - 14 minutes ago

    The Blue Bell, Pennsylvania-based company said it had profit of 36 cents per share. Earnings, adjusted for non-recurring costs, were 81 cents per share. The information technology service provider posted ...

  • Regional Management posts 2Q profit Associated Press - 14 minutes ago

    On a per-share basis, the Greenville, South Carolina-based company said it had profit of 49 cents. Earnings, adjusted for non-recurring costs, were 53 cents per share. The financial services company posted ...

  • RenaissanceRe misses 2Q profit forecasts Associated Press - 14 minutes ago

    The Pembroke, Bermuda-based company said it had profit of $3.22 per share. Earnings, adjusted for investment gains, were $1.55 per share. The results missed Wall Street expectations. The average estimate ...

  • Fiat Chrysler revises sales, shows streak ended in 2013 Associated Press - 15 minutes ago
    Fiat Chrysler revises sales, shows streak ended in 2013

    DETROIT (AP) — Fiat Chrysler has revised more than five years of U.S. sales figures and says a much-touted streak of 75 months of gains should have ended in 2013.

  • Cybersecurity experts see merit in claims of Russian hacking Associated Press - 19 minutes ago
    Cybersecurity experts see merit in claims of Russian hacking

    PARIS (AP) — Experts who've followed the leak of Democratic National Committee documents say they believe the party's claim that Moscow had a hand in the hack, lending weight to the extraordinary allegation that the Kremlin is trying to tamper with the U.S. presidential contest.

  • Anadarko Petroleum reports 2Q loss Associated Press - 20 minutes ago

    Anadarko Petroleum Corp. (APC) on Tuesday reported a second-quarter loss of $692 million, after reporting a profit in the same period a year earlier. On a per-share basis, the company based in The Woodlands, ...

  • Business Highlights Associated Press - 20 minutes ago

    ___ $15 billion Volkswagen emissions deal clears 1st hurdle A nearly $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary ...

  • S&P drops Kansas credit rating, citing ongoing budget issues Associated Press - 21 minutes ago

    TOPEKA, Kan. (AP) — A major rating agency on Tuesday downgraded Kansas' credit rating for the second time in two years because of the state's budget problems.

  • Violence at club signals changing city in southwest Florida Associated Press - 22 minutes ago
    Violence at club signals changing city in southwest Florida

    FORT MYERS, Fla. (AP) — A couple of doors down from Club Blu, where a young man and a 14-year-old boy were killed while attending a teen party, shop owner Idis Edouard hoisted a rod above his head to gently move a girl's blue dress aside.

  • Clinton steps into history as 1st woman White House nominee Associated Press - 22 minutes ago
    Clinton steps into history as 1st woman White House nominee

    PHILADELPHIA (AP) — Taking her place in history, Hillary Clinton on Tuesday night will become the first woman to lead a major party toward the White House, a triumphant moment for Democrats to relish before plunging into a bruising general election against Republican Donald Trump.

  • DDR reports 2Q results Associated Press - 23 minutes ago

    The Beachwood, Ohio-based real estate investment trust said it had funds from operations of $122.4 million, or 33 cents per share, in the period. The average estimate of 10 analysts surveyed by Zacks Investment ...

  • Banner misses 2Q profit forecasts Associated Press - 25 minutes ago

    On a per-share basis, the Walla Walla, Washington-based company said it had net income of 61 cents. Earnings, adjusted for costs related to mergers and acquisitions, came to 67 cents per share. The results ...

  • Riverview Bancorp posts 1Q profit Associated Press - 29 minutes ago

    On a per-share basis, the Vancouver, Washington-based company said it had profit of 8 cents. The holding company for Riverview Community Bank posted revenue of $10.3 million in the period. In the final ...

  • Items fetch high prices at Four Seasons restaurant auction Associated Press - 31 minutes ago
    Items fetch high prices at Four Seasons restaurant auction

    NEW YORK (AP) — The interior of a restaurant that for 57 years hosted power lunches for a must see crowd of business executives and celebrities including Henry Kissinger and Tom Wolfe was auctioned off Tuesday.

  • Feds: Senate cafeteria workers will get $1 million back pay Associated Press - 32 minutes ago

    Hundreds of cafeteria workers who help feed senators and others in the Capitol and nearby office buildings will get back pay totaling more than $1 million because their private employers illegally underpaid ...

  • Franklin Street reports 2Q results Associated Press - 33 minutes ago

    The real estate investment trust, based in Wakefield, Massachusetts, said it had funds from operations of $26.7 million, or 27 cents per share, in the period. The average estimate of four analysts surveyed ...