Reynolds American and Lorillard are agreeing a complex merger that will reshape Big Tobacco, bringing together the two biggest US operators.» Read More
Feb 5- Designer clothing company Ralph Lauren Corp said it expects increased promotions to eat into gross margins, spooking investors who had earlier pushed the stock higher on a strong sales outlook. Ralph Lauren's shares rose as much as 6 percent in early trading on Wednesday but reversed course to trade down 3 percent by midday.
Feb 5- Shares of Continental Building Products Inc, controlled by private equity firm Lone Star Funds, rose as much as 11 percent in their market debut, valuing the company at about $682 million. The Reston, Virginia- based company's shares opened at $14.66 and touched a high of $15.48 on the New York Stock Exchange on Wednesday.
Feb 5- 3 D Systems Corp estimated its fourth-quarter adjusted profit below its expectations, hurt by softer demand for printed parts and for its consumer printers, sending its shares tumbling 25 percent. The largest listed 3 D printer company now expects adjusted profit of 83 to 87 cents per share in the fourth quarter of fiscal 2013..
Feb 5- Designer clothing company Ralph Lauren Corp forecast a strong finish to its financial year after posting a better-than-expected 10 percent rise in third-quarter profit, sending its shares up 9 percent in premarket trading.
Feb 5- Designer clothing company Ralph Lauren Corp reported a 10 percent rise in third-quarter profit, helped by higher sales at its own stores, sending its shares up 8 percent in premarket trading. The company's net income rose to $237 million, or $2.57 per share, from $216 million, or $2.31 per share, a year earlier.
*Expects first-quarter revenue $61 mln- $63 mln vs est $60.3 mln. Feb 4- Data analysis software maker Tableau Software Inc forecast better-than-expected current-quarter revenue after reporting quarterly results that handily beat analysts' estimates, sending its shares up 16 percent in extended trading.
Feb 4- Life and mortgage insurer Genworth Financial Inc reported a better-than-expected quarterly profit as a recovery in housing markets helped its U.S. mortgage insurance business. Shares of Genworth, which was spun off from industrial conglomerate General Electric Co ten years ago, rose more than 4 percent in extended trading.
Feb 4- J.C. Penney Co Inc shares fell 10 percent on Tuesday after the struggling retailer reported a disappointing rise in comparable sales for the holiday quarter, prompting fears its business is recovering too slowly.
Feb 4- U.S. auto dealer Asbury Automotive Group Inc posted a better-than-expected quarterly profit as easier availability of loans amid an improving economy encouraged more people to buy cars.
Feb 4- Wal-Mart Stores Inc will invest about C $500 million this year to expand in Canada, the world's largest retailer said on Tuesday, news that hit shares of its Canadian rivals.
FCC's chairman his skepticism about a potential merger between Sprint Corp and T-Mobile US Inc in a meeting with Sprint.
Feb 4- Shares of Furiex Pharmaceuticals Inc more than doubled in value after the company said its experimental drug significantly alleviated diarrhea and abdominal pain associated with irritable bowel syndrome in two large late-stage trials. The company's shares rose as much as 165 percent to $121.97, valuing it at about $1.3 billion.
Feb 4- J.C. Penney Co Inc on Tuesday said comparable sales rose 2 percent during the holiday quarter, reporting its first three-month period of growth in two years. In 2013, Penney lined up a $2.25 billion financing package and in September sold nearly $800 million in new shares to further shore up its finances.
Feb 3- Medical device maker Hologic Inc reported a better-than-expected adjusted quarterly profit in part due to higher sales of its 3 D digital mammography systems. Hologic shares rose 4 percent in extended trading.
Feb 3- Medical device maker Hologic Inc reported a better-than-expected adjusted quarterly profit, helped by higher sales of its 3 D digital mammography systems. Hologic shares rose 4 percent in extended trading. Excluding items, Hologic earned 34 cents per share, ahead of analysts' average estimate of 31 cents per share, according to Thomson Reuters I/B/E/S.
Feb 3- Kratos Defense& Security Solutions Inc said it won a five-year contract worth up to $7.92 billion from the U.S. Navy, sending its shares up 27 percent to a more than two-year high.
Carl Icahn has been pushing Apple to use its $150 billion war chest to buy back company shares. Not every shareholder agrees.
Jan 31- Amazon.com Inc shares fell more than 9 percent in early trading on Friday, after the online retailer warned of a possible loss in the current quarter and its quarterly results missed expectations in the holiday shopping season. Amazon shares were down at $372.81 in early trading.
Jan 31- MasterCard Inc, the world's No.2 credit and debit card company, reported a 3 percent rise in quarterly profit but missed analysts' average forecast as expenses rose. MasterCard shares were down 7 percent at $74.29 before the bell.
LONDON, Jan 31- European shares edged lower in early trading on Friday following mixed earnings releases, with Electrolux falling 5.8 percent after posting a bigger than expected drop in fourth-quarter core earnings. At 0807 GMT, the pan-European FTSEurofirst 300 index was down 0.2 percent at 1,291.35 points.