Feb 18- Medtronic Inc on Tuesday reported lower quarterly net earnings due to charges for the failed clinical study of a treatment being developed for high blood pressure. Excluding the charges and other one-time items, Medtronic earned 91 cents a share, in line with the analysts' average estimate, according to Thomson Reuters I/B/E/S.
Some of the names on the move ahead of the open.
*Sees 2014 adjusted EPS of $4.45- $4.60 vs est $4.32. *4th- quarter EPS 97 cents vs 62 cents last year. The fourth quarter was also helped by cost savings from Duke's $18- billion buyout of rival Progress Energy in July 2012, which created the largest U.S. power company with a market value of about $50 billion.
Feb 18- Medtronic Inc on Tuesday reported lower quarterly net earnings due to charges for the failed clinical study of a treatment being developed for high blood pressure. The maker of pacemakers, spinal products, insulin pumps and other medical devices said net earnings were $762 million, or 75 cents a share, in the third quarter ended Jan. 24.
*Q4 sales 963.6 mln eur vs Reuters poll avg 940 mln. MUNICH, Feb 18- Delivering costly new engines to meet a boom in orders for passenger jets will keep profits flat at MTU Aero Engines this year, before its more lucrative spare parts business benefits later this decade, it said on Tuesday.
HONG KONG, Feb 18- Hong Kong shares edged up to another three-week high on Tuesday, as a 3 percent rise for Bank of East Asia after the local lender reported robust 2013 net profit helped offset weakness for Chinese cyclicals. The Hang Seng Index ended up 0.2 percent at 22,587.7 points, its highest closing since Jan. 23.
Trevor Finn, CEO of Pendragon, discusses the company's results and the recovery in the U.K. car market.
Dorothy Thompson, CEO of Drax, discusses the company's results and says that Drax is a "cost-effective" renewable energy company.
John Wilson, Private Client Adviser at RBS Morgans, discusses the likelihood of BHP Billiton launching a share buyback in August.
BHP Billiton reported a 31 percent rise in first-half profit on Tuesday and signaled it would consider a dividend hike in August.
Magnus Nicolin, CEO of Ansell, describes how acquisitions helped the rubber products maker post a 15 percent rise in first-half net profit.
MELBOURNE, Feb 18- BHP Billiton reported a 31 percent rise in first-half profit on Tuesday and signalled it would consider a dividend hike in August, as it cuts debt towards levels that may prompt a share buyback.
MELBOURNE, Feb 18- BHP Billiton reported a 31 percent rise in first-half underlying profit on Tuesday, well above market forecasts, bolstered by aggressive cost cutting and volume growth. Underlying attributable profit rose to $7.76 billion for the six months to December, up from $5.94 billion a year earlier.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. It's a holiday-shortened week, as more data comes in. How much has the weather affected the economy, particularly housing?
CALGARY, Alberta, Feb 14- Enbridge Inc's plan to expand the capacity of its Canada- to-U.S. Enbridge, Canada's largest pipeline company, which also reported a lower than expected quarterly profit on Friday, said it no longer expects to get the permit amendment for the Alberta Clipper expansion in time to start pumping more oil at midyear, as it had planned.
Trulia co-founder and CEO Peter Flint discusses record Q4 earnings, and the implementation of its $45 million strategic marketing campaign. "We want consumers to engage with our products," he says.
VF Corporation Chairman, president & CEO Eric Wiseman is "thrilled" with its Q3 performance. He says its outdoors brands drove the strength.
*Cuts full-year profit forecast to $5.55- $5.60/ share vs est. Feb 14- J.M. Smucker Co forecast full-year results below analysts' estimates, citing increased competition in its peanut butter business and a shift in consumer preference away from artificially sweetened fruit spreads.
Feb 14- Campbell Soup Co, the world's largest soup maker, reported a higher-than-expected quarterly profit, helped by an increase in soup sales during the holiday quarter, sending shares up as much as 7 percent. It also acquired Bolthouse Farms, which makes refrigerated juices and baby carrots in 2012..
Lloyd Carney, CEO of Brocade, discusses the advantages his company offers users in storing their data.