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  • Oct 24- Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported. "Designed by Apple in California has a nicer ringer to it than assembled by workers paid about a dollar per hour, working 11- hour shifts, and sleeping...

  • US rig count up 9 to 1,927 Friday, 24 Oct 2014 | 3:18 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by nine this week to 1,927.. Of the major oil- and gas-producing states, Texas gained eight rigs, New Mexico increased five, West Virginia was up three, while Arkansas, California and Ohio gained two apiece. Kansas declined by four,...

  • Avis Budget buying licensee for $210M Friday, 24 Oct 2014 | 11:49 AM ET

    PASIPPANY, N.J.— The Avis Budget Group is acquiring a Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost of its vehicle fleet. The acquisition of the licensee, which Avis Budget said Friday is Budget Car Rental's largest in North America, is expected to increase earnings and add $100 million in revenue.

  • Avery Dennison beats 3Q profit forecasts Friday, 24 Oct 2014 | 8:39 AM ET

    NEW YORK— Avery Dennison's net income climbed 38 percent to $64.3 million in its third quarter. Excluding costs from restructuring and discontinued operations, per-share earnings were 77 cents, which was 3 cents better than Wall Street had expected, according to a poll by Zacks Investment Research. Donald Nolan, the head of Avery Dennison's materials business,...

  • Simpson Manufacturing misses Street 3Q forecasts Friday, 24 Oct 2014 | 5:03 AM ET

    PLEASANTON, Calif. _ Simpson Manufacturing Co. on Friday reported net income of $20.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Analysts expected $214.8 million, according to Zacks.

  • The Rubicon Project posts 3Q loss Friday, 24 Oct 2014 | 5:03 AM ET

    LOS ANGELES _ The Rubicon Project Inc. on Friday reported a loss of $4.6 million in its third quarter. The Los Angeles- based company said it had a loss of 14 cents per share. The Rubicon Project expects full-year results to range from a loss of 6 cents per share to a loss of 3 cents per share, with revenue in the range of $122 million to $123 million.

  • ShoreTel beats Street 1Q forecasts Friday, 24 Oct 2014 | 5:03 AM ET

    SUNNYVALE, Calif. _ ShoreTel Inc. on Friday reported profit of $366,000 in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. For the current quarter ending in December, ShoreTel said it expects revenue in the range of $85 million to $91 million.

  • Disney pens love letter to Japan with robot film Friday, 24 Oct 2014 | 4:58 AM ET

    "The fifth-highest-grossing movie of all time made more than $250 million of its total in Japan alone, nearly a third of its overseas numbers and more than five times what it made in France, according to Box Office Mojo. Disney shows its love for Japan by setting the story in a picturesque town that's a cross between Tokyo and San Francisco, San Fransokyo, complete...

  • California startup unveils gun technology for cops Friday, 24 Oct 2014 | 4:01 AM ET

    WATSONVILLE, Calif.— A Silicon Valley startup has developed technology to let dispatchers know when a police officer's weapon has been fired. Santa Cruz County Sheriff Phil Wowak, whose agency is among two testing the technology, said it will allow the sheriff's office to see whether deputies are in trouble and unable to ask for assistance.

  • Maxwell posts 3Q loss Thursday, 23 Oct 2014 | 7:39 PM ET

    SAN DIEGO _ Maxwell Technologies Inc. on Thursday reported a loss of $3.3 million in its third quarter. The San Diego- based company said it had a loss of 11 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Google commits to $1 billion in long-term office leases Thursday, 23 Oct 2014 | 7:34 PM ET

    SAN FRANCISCO, Oct 23- Google Inc said it is committed to spending $1 billion to lease office buildings over the next 13 to 14 years. Google did not say where the office buildings were located in its disclosure as part of its quarterly regulatory filing with the U.S. Securities and Exchange Commission on Thursday. Google, the world's No. 1 Internet search company, has...

  • Ingram Micro meets 3Q profit forecasts Thursday, 23 Oct 2014 | 7:13 PM ET

    SANTA ANA, Calif. _ Ingram Micro Inc. on Thursday reported net income of $72.2 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 62 cents per share. For the current quarter ending in December, Ingram Micro expects its per-share earnings to range from 95 cents to $1.02.

  • Callaway beats Street 3Q forecasts Thursday, 23 Oct 2014 | 7:03 PM ET

    CARLSBAD, Calif. _ Callaway Golf Co. on Thursday reported a loss of $1.1 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share. Analysts expected $155.9 million, according to Zacks.

  • Pacific Biosciences posts 3Q loss Thursday, 23 Oct 2014 | 6:51 PM ET

    MENLO PARK, Calif. _ Pacific Biosciences of California Inc. on Thursday reported a loss of $9.2 million, or 13 cents per share, in its third quarter. The company, based in Menlo Park, California, posted revenue of $20.6 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PDF Solutions posts 3Q profit Thursday, 23 Oct 2014 | 6:48 PM ET

    SAN JOSE, Calif. _ PDF Solutions Inc. on Thursday reported net income of $1.8 million in its third quarter. On a per-share basis, the San Jose, California- based company said it had net income of 5 cents. PDF Solutions shares have decreased 54 percent since the beginning of the year.

  • Mattson posts 3Q profit Thursday, 23 Oct 2014 | 6:39 PM ET

    FREMONT, Calif. _ Mattson Technology Inc. on Thursday reported net income of $537,000 in its third quarter. On a per-share basis, the Fremont, California- based company said it had net income of 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Proofpoint beats Street 3Q forecasts Thursday, 23 Oct 2014 | 6:33 PM ET

    SUNNYVALE, Calif. _ Proofpoint Inc. on Thursday reported a third-quarter loss of $17.3 million. For the current quarter ending in December, Proofpoint expects its results to range from a loss of 12 cents per share to a loss of 10 cents per share. Proofpoint expects full-year results to range from a loss of 43 cents per share to a loss of 41 cents per share, with revenue...

  • ResMed meets 1Q profit forecasts Thursday, 23 Oct 2014 | 6:21 PM ET

    SAN DIEGO _ ResMed Inc. on Thursday reported fiscal first-quarter earnings of $83.3 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 58 cents per share. Analysts expected $376.3 million, according to Zacks.

  • VCA beats Street 3Q forecasts Thursday, 23 Oct 2014 | 6:18 PM ET

    LOS ANGELES _ VCA Inc. on Thursday reported third-quarter earnings of $27.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Analysts expected $492.2 million, according to Zacks.

  • Micrel posts 3Q profit Thursday, 23 Oct 2014 | 6:09 PM ET

    SAN JOSE, Calif. _ Micrel Inc. on Thursday reported profit of $4.7 million in its third quarter. For the current quarter ending in December, Micrel said it expects revenue in the range of $58.7 million to $60.5 million. Micrel shares have risen 19 percent since the beginning of the year.