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  • With the energy sector's second-quarter earnings seen doing better than the prevailing consensus forecast for a decline of almost 59 percent from the year-ago quarter, according to a Thomson Reuters analysis, shares could get a benefit. But the S&P energy subsector of exploration and production companies is at its most expensive on a price-earnings basis...

  • The biotechnology company now expects 2015 adjusted earnings in the range of $15.50 to $15.95 per share. In the second quarter, the Cambridge, Massachusetts- based company posted revenue of $2.59 billion, which missed Wall Street forecasts. Eighteen analysts surveyed by Zacks Investment Research expected $2.71 billion.

  • BOSTON— Lawsuits challenging Massachusetts' decision to award Wynn Resorts a gambling license have come with a hefty price tag. The state Gaming Commission and three cities involved in the legal fight— Boston, Revere and Somerville— have spent more than $1.4 million combined since the first complaints were filed in October, a review by The Associated Press has...

  • The State-Boston Retirement System, the pension fund for Boston public employees, accused Bank of America Corp's Merrill Lynch unit, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase& Co, UBS Group AG and 14 other defendants of illegally trying to profit on the sale of Treasury bills, notes and bonds at...

  • Chicopee Bancorp posts 2Q profit Thursday, 23 Jul 2015 | 6:16 PM ET

    CHICOPEE, Mass. _ Chicopee Bancorp Inc. on Thursday reported net income of $742,000 in its second quarter. Chicopee Bancorp shares have declined slightly since the beginning of the year. Keywords: Chicopee Bancorp, Earnings Report.

  • BSB Bancorp posts 2Q profit Thursday, 23 Jul 2015 | 6:09 PM ET

    BELMONT, Mass. _ BSB Bancorp Inc. on Thursday reported second-quarter net income of $1.6 million. BSB Bancorp shares have risen 14 percent since the beginning of the year. Keywords: BSB Bancorp, Earnings Report.

  • Enterprise Bancorp posts 2Q profit Thursday, 23 Jul 2015 | 5:54 PM ET

    LOWELL, Mass. _ Enterprise Bancorp Inc. on Thursday reported second-quarter net income of $3.5 million. Enterprise Bancorp shares have decreased 11 percent since the beginning of the year. Keywords: Enterprise Bancorp, Earnings Report.

  • Stag reports 2Q results Thursday, 23 Jul 2015 | 5:33 PM ET

    BOSTON _ Stag Industrial Inc. on Thursday reported a key measure of profitability in its second quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 37 cents per share. Seven analysts surveyed by Zacks expected $51.3 million.

  • Aware posts 2Q profit Thursday, 23 Jul 2015 | 5:18 PM ET

    BEDFORD, Mass. _ Aware Inc. on Thursday reported second-quarter profit of $319,000. On a per-share basis, the Bedford, Massachusetts- based company said it had net income of 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • LogMein tops Street 2Q forecasts Thursday, 23 Jul 2015 | 4:57 PM ET

    BOSTON _ LogMein Inc. on Thursday reported second-quarter net income of $2.4 million. Six analysts surveyed by Zacks expected $64 million. For the current quarter ending in September, LogMein expects its per-share earnings to range from 43 cents to 44 cents.

  • Athenahealth beats 2Q profit forecasts Thursday, 23 Jul 2015 | 4:57 PM ET

    WATERTOWN, Mass. _ Athenahealth Inc. on Thursday reported second-quarter net income of $9.3 million, after reporting a loss in the same period a year earlier. The average estimate of 23 analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Athenahealth expects full-year earnings in the range of $1.10 to $1.20 per share, with...

  • *Caterpillar falls after lower quarterly profit. The Dow Jones industrial average fell back into the red for the year, with 3 M, American Express and Caterpillar contributing the most to the average's fall. Union Pacific, down 5.7 percent at $92.12 after posting a lower quarterly profit, led the decline in transportation shares and was among the S&P 500' s biggest...

  • Skyworks tops Street 3Q forecasts Thursday, 23 Jul 2015 | 4:51 PM ET

    WOBURN, Mass. _ Skyworks Solutions Inc. on Thursday reported fiscal third-quarter net income of $207.4 million. Seven analysts surveyed by Zacks expected $801.7 million. Analysts surveyed by Zacks had expected revenue of $855.2 million.

  • Constant Contact beats 2Q profit forecasts Thursday, 23 Jul 2015 | 4:48 PM ET

    WALTHAM, Mass. _ Constant Contact Inc. on Thursday reported second-quarter net income of $3.8 million. Five analysts surveyed by Zacks expected $91.7 million. For the current quarter ending in September, Constant Contact expects its per-share earnings to range from 37 cents to 39 cents.

  • LAS VEGAS— A deal involving Pinnacle Entertainment is the latest example of a casino company separating its gambling operations from its real estate to generate cash. Las Vegas- based Pinnacle announced this week it would sell most of its casino-hotels to a real estate investment trust, Pennsylvania- based Gaming and Leisure Properties Inc., in an all-stock...

  • House passes bill to prevent mandatory GMO labeling Thursday, 23 Jul 2015 | 2:07 PM ET

    WASHINGTON— Food companies would not have to disclose whether their products include genetically modified ingredients under legislation passed by the House Thursday. So far, Vermont is the only state set to require the labels. Maine and Connecticut have also passed laws requiring the labeling, but those measures don't take effect unless neighboring states...

  • Late-stage deals in Asia attracted an average of $200 million, four times the level in either North America or Europe. North America, especially Silicon Valley but also New York and Boston, continues to attract the most deals and dollars into VC-backed companies with $19 billion spread across more than 1,110 deals in the second quarter, KPMG and CB Insights said.

  • Boston Scientific slips on mixed view for rest of 2015 Thursday, 23 Jul 2015 | 11:00 AM ET

    MARLBOROUGH, Mass.— Shares of Boston Scientific fell Thursday after the medical device maker reported solid results in the second quarter but gave a more mixed view for the rest of 2015.. Boston Scientific Corp. said sales of heart rhythm devices slumped compared to last year while sales of medical and surgical equipment improved. Boston Scientific now...

  • Altra meets 2Q profit forecasts Thursday, 23 Jul 2015 | 8:33 AM ET

    BRAINTREE, Mass. _ Altra Industrial Motion Corp. on Thursday reported second-quarter profit of $9.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 43 cents per share. Three analysts surveyed by Zacks expected $196.2 million.

  • AMAG Pharmaceuticals misses 2Q profit forecasts Thursday, 23 Jul 2015 | 8:24 AM ET

    WALTHAM, Mass. _ AMAG Pharmaceuticals Inc. on Thursday reported second-quarter net income of $33.3 million, after reporting a loss in the same period a year earlier. AMAG Pharmaceuticals expects full-year revenue in the range of $395 million to $430 million. AMAG Pharmaceuticals shares have climbed 70 percent since the beginning of the year.