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  • Qlik reports 2Q loss Thursday, 23 Jul 2015 | 5:03 PM ET

    RADNOR, Pa. _ Qlik Technologies Inc. on Thursday reported a loss of $13 million in its second quarter. Fourteen analysts surveyed by Zacks expected $137.2 million. For the current quarter ending in September, Qlik expects its per-share earnings to range from 1 cent to 3 cents.

  • Federated Investors beats 2Q profit forecasts Thursday, 23 Jul 2015 | 4:42 PM ET

    PITTSBURGH _ Federated Investors Inc. on Thursday reported second-quarter net income of $41.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Federated Investors shares have climbed slightly more than 1 percent since the beginning of the year.

  • MONACA, Pa.— A proposed petrochemical plant in western Pennsylvania would use— and generate— a substantial amount of power. The Beaver County Times reports that Shell Chemicals' ethane cracker plant proposed for Potter and Center townships in Beaver County would likely require more than 100 megawatts of electricity to operate. That would power 100,000 homes at...

  • 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...

  • *Caterpillar falls after lower quarterly profit. July 23- Wall Street fell for the third straight day on Thursday following disappointing results and forecasts from companies including 3 M and Caterpillar, adding to U.S. profit concerns. "Companies such as Caterpillar are a litmus test for the global economy, especially at a time when the market is concerned...

  • *Gold lifted by softer dollar. American Express fell 3.2 percent to $76.40 as revenue missed expectations, while 3 M was down 3.4 percent at $150.09 after the diversified manufacturer cut its full-year forecast. "Companies such as Caterpillar are a litmus test for the global economy, especially when the market is concerned about China's economy," said Mark...

  • *Caterpillar falls after lower quarterly profit. July 23- Wall Street fell for the third straight day, with the Dow Jones industrial average lower for the year after disappointing results from bellwethers such as 3 M and Caterpillar. American Express fell 3.2 percent to $76.40 as revenue missed expectations while 3 M was down 3.4 percent at $150.09 after the...

  • *Gold lifted by softer dollar. Gold got a lift from the softer dollar and backed away from five-year lows to briefly trade above $1,100 an ounce, while oil prices held steady. "Companies such as Caterpillar are a litmus test for the global economy, especially when the market is concerned about China's economy," said Mark Luschini, chief investment strategist at...

  • *Caterpillar falls after lower quarterly profit. July 23- The Nasdaq composite and the S&P 500 were higher on Thursday after two days of losses, while the Dow Jones industrial average was at a week-low on disappointing results from bellwethers such as 3 M and Caterpillar. "Companies such as Caterpillar are a litmus test for the global economy especially at a time...

  • *Caterpillar falls after lower quarterly profit. July 23- The Nasdaq composite edged up on Thursday after two days of losses, while the S&P 500 and Dow were lower on weak earnings from bellwethers such as 3 M and Caterpillar. "Companies such as Caterpillar are a litmus test for the global economy especially when the market is concerned about China's economy," said...

  • Safeguard Scientifics reports 2Q loss Thursday, 23 Jul 2015 | 10:01 AM ET

    WAYNE, Pa. _ Safeguard Scientifics Inc. on Thursday reported a loss of $19 million in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 40 cents per share. Safeguard Scientifics shares have fallen roughly 6 percent since the beginning of the year.

  • *Caterpillar falls after lower quarterly profit. Caterpillar shares fell 2.73 percent to $77.65 in premarket trading after the world's largest construction and mining equipment maker reported a lower quarterly net profit as sales declined in key markets in a sluggish global economy. "Companies such as Caterpillar is a litmus test for the global economy...

  • F.N.B. meets 2Q profit forecasts Thursday, 23 Jul 2015 | 8:54 AM ET

    PITTSBURGH _ F.N.B. Corp. on Thursday reported second-quarter earnings of $40.1 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 22 cents per share. F.N.B. shares have increased 9 percent since the beginning of the year.

  • Wabtec beats Street 2Q forecasts Thursday, 23 Jul 2015 | 8:28 AM ET

    WILMERDING, Pa. _ Westinghouse Air Brake Technologies Corp. on Thursday reported second-quarter net income of $101.5 million. Wabtec expects full-year earnings to be $4.10 per share. Wabtec shares have increased slightly more than 7 percent since the beginning of the year.

  • CHESTER HILL, Pa.— A Canadian company that provides natural gas drillers with hydraulic fracturing and other services has laid off 60 workers at its central Pennsylvania operation. The Centre Daily Times reports the layoffs leave Calfrac Well Services with about 10 employees who will maintain its equipment, facility and to support the company's sales.

  • Beneficial Mutual posts 2Q profit Thursday, 23 Jul 2015 | 8:24 AM ET

    PHILADELPHIA _ Beneficial Mutual Bancorp Inc. on Thursday reported second-quarter earnings of $7.1 million. The Philadelphia- based bank said it had earnings of 9 cents per share. Keywords: Beneficial Mutual Bancorp, Earnings Report.

  • World Meeting head says pope's economic impact growing Thursday, 23 Jul 2015 | 7:53 AM ET

    FAIRLESS HILLS, Pa.— The president of the World Meeting of Families says the estimate of the economic impact of Pope Francis' visit to Philadelphia in September continues to grow. KYW-TV says Bob Ciaruffoli told the Bucks County Chamber of Commerce on Wednesday that a study done by the group— which is hosting the pope— estimated the economic impact at $418 million.

  • AmerisourceBergen beats Street 3Q forecasts Thursday, 23 Jul 2015 | 7:30 AM ET

    CHESTERBROOK, Pa.— AmerisourceBergen Corp. on Thursday reported fiscal third-quarter net income of $214.2 million, after reporting a loss in the same period a year earlier. AmerisourceBergen expects full-year earnings in the range of $4.92 to $4.97 per share. AmerisourceBergen shares have increased 27 percent since the beginning of the year, while the...

  • Penn National Gaming beats 2Q profit forecasts Thursday, 23 Jul 2015 | 7:21 AM ET

    WYOMISSING, Pa.— Penn National Gaming Inc. on Thursday reported second-quarter profit of $16.9 million. For the current quarter ending in September, Penn National Gaming said it expects revenue in the range of $728.2 million. This story has been corrected to show that Penn National Gaming's per-share profit was 19 cents, which beat Wall Street estimates.

  • EQT misses Street 2Q forecasts Thursday, 23 Jul 2015 | 7:15 AM ET

    PITTSBURGH _ EQT Corp. on Thursday reported second-quarter net income of $5.5 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. Four analysts surveyed by Zacks expected $484.4 million.