×

Wires

  • AT&T Inc., up $1.81 to $38.03. US Steel Corp., up $1.76 to $26.20. Boeing Co., up $20.99 to $233.45.

  • July 26- Edwards Lifesciences Corp on Wednesday provided a revised full-year earnings forecast with the new low end of the range above Wall Street estimates, and it posted higher-than-expected second-quarter profit on double-digit growth in sales of its transcatheter heart valves. Edwards now expects adjusted 2017 earnings of $3.65 to $3.85 per share, up...

  • NEW HYDE PARK, N.Y. _ Kimco Realty Corp. on Wednesday reported a key measure of profitability in its second quarter. The real estate investment trust, based in New Hyde Park, New York, said it had funds from operations of $160.7 million, or 38 cents per share, in the period. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from...

  • SPRINGFIELD, Mo. _ O'Reilly Automotive Inc. on Wednesday reported second-quarter net income of $282.8 million. O'Reilly Automotive expects full-year earnings to be $11.77 to $11.87 per share, with revenue in the range of $8.9 billion to $9.1 billion. O'Reilly Automotive shares have fallen 33 percent since the beginning of the year, while the Standard& Poor's...

  • SUNNYVALE, Calif. _ Fortinet Inc. on Wednesday reported second-quarter net income of $23 million, after reporting a loss in the same period a year earlier. Nine analysts surveyed by Zacks expected $361.2 million. For the current quarter ending in October, Fortinet expects its per-share earnings to range from 22 cents to 23 cents.

  • IRVINE, Calif. _ Edwards Lifesciences Corp. on Wednesday reported second-quarter net income of $186.1 million. For the current quarter ending in October, Edwards Lifesciences expects its per-share earnings to range from 80 cents to 90 cents. Edwards Lifesciences shares have risen 23 percent since the beginning of the year, while the Standard& Poor's 500 index...

  • BRASILIA, July 26- Brazil's central bank cut interest rates below 10 percent for the first time in nearly four years on Wednesday, keeping a fast pace of monetary easing as plunging inflation gave it leeway to aid an incipient recovery. The last time the Selic rate was below 10 percent was in November 2013. Lower interest rates should help Brazil's economy...

  • SAN DIEGO _ Realty Income Corp. on Wednesday reported a key measure of profitability in its second quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of 76 cents per share. Realty Income Corp. expects full-year funds from operations in the range of $3.03 to $3.07 per share.

  • TRENTON, N.J.— A panel of Food and Drug Administration advisers voted against approving a new opioid painkiller with a unique feature for deterring abuse: It releases a deep-blue dye if someone tries to get high by crushing, chewing or snorting pills. Panelists voted overwhelmingly against approving Intellipharmaceutics International's generic version of...

  • ATLANTA _ Equifax Inc. on Wednesday reported second-quarter net income of $165.4 million. Seven analysts surveyed by Zacks expected $860.6 million. For the current quarter ending in October, Equifax expects its per-share earnings to range from $1.50 to $1.54.

  • PARIS, July 26- LVMH, the world's biggest luxury group, cautioned on Wednesday that an uncertain economic climate meant its second half results may not match its sterling performance in the first six months of the year. This would compare with 16 percent volume growth for Hennessy in the first half thanks to strong demand in the United States and a rebound in China.

  • WASHINGTON, July 26- U.S. lawmakers are near an agreement that would pave the way for the Senate to vote on legislation imposing new sanctions on Russia and Iran, the chairman of the Senate Foreign Relations Committee said on Wednesday. However, he did not say whether the Senate version of the bill would strip out language imposing sanctions on North Korea, as he had...

  • WASHINGTON, July 26- U.S. banking rules must protect the financial system but they need "some refinement," President Donald Trump's nominee for the Federal Reserve's top regulatory post told lawmakers on Wednesday. "As with any complex undertaking, after the first wave of reform, and with the benefit of experience and reflection, some refinements will...

  • Total revenue rose 44.8 percent to $9.32 billion, beating the average forecast of $9.20 billion among analysts tracked by Thomson Reuters I/B/E/S. "In mobile we're continuing to see great strengths," Facebook Chief Financial Officer David Wehner said in a phone interview. Net income attributable to Facebook shareholders rose to $3.89 billion, or $1.32 per...

  • NEW YORK— U.S. stock indexes inched further into record territory Wednesday after AT&T, Boeing and others joined the parade of big companies reporting stronger profits than analysts expected. Stocks that pay big dividends were particularly strong after the Federal Reserve took a pause in its slow-moving campaign to lift interest rates and Treasury yields...

  • *Dollar dips after Fed statement. *U.S. companies report more upbeat earnings. NEW YORK, July 26- The dollar touched its lowest in more than a year and U.S.

  • Despite the weak results and oil price environment, Chief Executive John Hess touted the company's growth potential, citing process and technology improvements. In North Dakota's Bakken shale, for instance, the company expects output to grow 10 percent per year "over the next several years," Hess said. Gulf of Mexico and the Gulf of Thailand, posted a net loss of...

  • The Toronto- based miner said net earnings for the quarter ended June 30 surged to $1.08 billion, or 93 cents a share, from net profit of $138 million, or 12 cents a share in the three-month period a year ago.

  • BRASILIA, July 26- Brazil's central bank cut interest rates below 10 percent for the first time in nearly four years on Wednesday, keeping a fast pace of monetary easing as plunging inflation gave it leeway to aid an incipient recovery. The bank's nine-member monetary policy committee, known as Copom, cut its benchmark Selic rate by 100 basis points for the third...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.