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  • NEW YORK, July 27- Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. The largest U.S. cable operator posted total revenue of $19.27 billion in the quarter ended June 30, up 2.8 percent from a year...

  • IRVINE, Calif. _ Tri Pointe Homes Inc. on Wednesday reported second-quarter earnings of $73.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • July 26- Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall. Demand for Apple's phones has waned in China, partly because of economic uncertainty there, and has also slowed in...

  • SPARKS, Nevada, July 26- Tesla Motors Inc's next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday. While some analysts have questioned how profitable the Model 3 will be, Musk on Tuesday said he expects the car to generate $20...

  • NEW YORK— The Latest on arrest of three charged in two bank heists that netted about $5 million in cash, diamonds, jewelry, coins and baseball cards from safe deposit boxes:. Two of the three Brooklyn suspects charged in a duo of Hollywood style bank heists that netted about $5 million in cash, diamonds, jewelry, coins and baseball cards from safe deposit boxes have had...

  • July 26- Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall. Demand for Apple's phones has waned in China, partly because of economic uncertainty there, and has also slowed in...

  • District Judge Charles Breyer in San Francisco set an Oct. 18 hearing for final approval. Volkswagen also plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said on Tuesday. At the hearing, Justice Department lawyer Joshua Van Eaton said the German automaker had been...

  • GLENDALE, Calif. _ PS Business Parks Inc. on Tuesday reported a key measure of profitability in its second quarter. The real estate investment trust, based in Glendale, California, said it had funds from operations of $47.3 million, or $1.36 per share, in the period. The company said it had net income of $15.7 million, or 58 cents per share.

  • MENLO PARK, Calif. _ Landec Corp. on Tuesday reported fiscal fourth-quarter earnings of $4.7 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share. Landec shares have dropped roughly 5 percent since the beginning of the year.

  • NEW YORK, July 26- Democrats beat Republicans in U.S. television ratings, according to Nielsen data released on Tuesday for the first night of the Democratic National Convention. The total is about three million more TV eyes than for the first night of the Republican convention last week when White House contender Donald Trump's wife Melania was the keynote...

  • SAN DIEGO _ American Assets Trust Inc. on Tuesday reported a key measure of profitability in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 46 cents per share. American Assets Trust expects full-year funds from operations to be $1.82 to $1.88 per share.

  • MILPITAS, Calif. _ Nanometrics Inc. on Tuesday reported second-quarter net income of $6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Nanometrics shares have risen 50 percent since the beginning of the year.

  • ALISO VIEJO, Calif. _ QLogic Corp. on Tuesday reported fiscal first-quarter earnings of $18.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. QLogic shares have climbed 25 percent since the beginning of the year.

  • Demand for Apple's phones has waned in China, partly because of economic uncertainty there, and has also slowed in more mature markets as people tend to hold on to their phones for longer. "China was a major letdown and I'm anxious to get more details as to what drove the declines," said Patrick Moorhead, an analyst at Moor Insights& Strategy. Moorhead said, however, that...

  • IRVINE, Calif. _ Boot Barn Holdings Inc. on Tuesday reported fiscal first-quarter earnings of $624,000. Boot Barn expects full-year earnings to be 63 cents to 73 cents per share. Boot Barn shares have fallen 20 percent since the beginning of the year.

  • NEW YORK, July 26- U.S. crude prices fell on Tuesday, hitting three-month lows, on renewed worries of a glut while Brent settled higher due to its better fundamentals versus U.S. crude. Official inventory data for the week ended July 22 is due on Wednesday from the U.S. Energy Information Administration. "The API data suggests there's still an oversupply of crude, that...

  • SAN FRANCISCO/ BENGALURU, July 26- Twitter Inc reported its slowest growth in quarterly revenue since going public in 2013 and frustrated investors yet again with a disappointing outlook for the current quarter. The company's second quarter revenue missed Wall Street estimates and the revenue forecast for the current quarter of $590 million to $610 million...

  • July 26- Apple Inc sold more iPhones than Wall Street expected in the third quarter and forecast revenue in the current period would top many analysts' targets, soothing fears that demand for Apple's most important product had hit a wall. Demand for Apple's phones has waned in China, partly because of economic uncertainty there, and has also slowed in more mature...

  • Excluding one-time items, Edwards said second-quarter earnings rose to 76 cents a share from 57 cents in the year-ago period. The Irvine, California- based company raised its full-year forecast, excluding items, by 11 cents, to a range of $2.78 to $2.88 a share. It now expects sales to be at the high end of the range of its previous forecast of $2.7 billion to $3 billion.

  • WASHINGTON, July 26- A driver killed in the May 7 crash of a Tesla Motors Inc car while using Autopilot driving-assist software was exceeding the speed limit, U.S. highway safety investigators said on Tuesday in a preliminary report that did not state a probable cause. The U.S. National Transportation Safety Board said its preliminary findings showed the Model S...