Our Great City
Updated: 6 min 35 sec ago
Sprint said it swung to a profit in its fiscal first quarter, as its operating expenses declined and it narrowed its loss of the most lucrative contract customers.
Stiff cost cuts helped French car maker Peugeot Citroën's automobile unit to nose back into the black in the first half for the first time in three years, paring the overall company's losses amid rising sales in Europe and China.
Twitter quieted its doubters, at least for now, over its ability to jump-start shrinking user growth in the shadow of larger rival Facebook. The social-media company posted strong results across the board.
Windstream's plan to spin off some of its telecommunications assets into a real estate investment trust comes as more U.S. companies seek to lower their taxes.
Total has stopped buying shares in Russian gas-producer Novatek while other European companies have expressed concern at the possible effects of the new sanctions on Russia.
FTD Cos. agrees to buy the Provide Commerce flower and gifting businesses from Liberty Interactive for $430 million in cash and stock.
IAC/InterActive swung to a second-quarter loss as the company's segments focusing on media, search and applications posted declines in revenue
Eni said it had shut off some crude production following sabotage on a Nigerian pipeline.
Humana's second-quarter profit falls 18%, as expected, as increased benefit costs help to offset a jump in revenue.
Public Service Enterprise Group Inc. said Wednesday its second-quarter earnings fell 36% as the power company's operating revenue declined.
Singapore Airlines said its first-quarter net profit fell 71%, as revenue weakened and it remains under pressure to sell seats at a discount due to stiff competition.
Amazon.com said that it will invest $2 billion to expand in India as competition for customers heats up in the fast-growing, South Asian e-commerce market.
Canadian oil-sands producer Cenovus Energy posted a better-than-expected second-quarter profit and record cash flow, driven by a 33% jump in oil-sands output and higher crude and natural-gas prices.
Garmin said its second-quarter earnings rose 5.5% as sales in the fitness and aviation segments jumped.
Lorillard Inc. said its second-quarter profit declined slightly as a drop in sales for the company's e-cigarettes offset a slight increase in sales for traditional cigarettes.
Huntsman Corp. said its second-quarter earnings more than doubled on broad sales growth and stronger margins as the chemical maker also benefited from lower restructuring-related charges and one-time items.
Booz Allen Hamilton Holding Corp. said its fiscal first-quarter profit edged up 1.1%, even as the consulting company's revenue fell amid tepid spending from federal government clients.
Thomson Reuters said its second-quarter profit and revenue were essentially flat, although the results topped analysts' expectations.
Hess aid it plans to pursue a spinoff of some midstream assets, mostly in North Dakota, to create a separately traded company to support growth of its production in the Bakken oil shale play.