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  • The top executive at the maker of Subaru automobiles joked that he would have to wear a helmet on an upcoming trip to the United States. Subaru's U.S. sales have almost doubled in the past four years. Subaru's " Love Promise," in which it pledges to make "a positive impact in the world," has helped build loyal consumers in states like California, New York and Washington.

  • UNCASVILLE, Conn.— One high roller requests a refrigerator full of bananas that he squeezes and throws as he gambles. Other high-stakes players described by a pit manager at Mohegan Sun, one of the world's largest casinos, throw chairs, scream at dealers and expect rules to be bent at the tables. The player, golf professional Matthew Menchetti, was a regular who lost...

  • NEW YORK— SuperValu says it is considering spinning off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies. SuperValu Inc. has been getting smaller in recent years, selling its Albertson's, Jewel-Osco and other chains. Eden Prairie, Minnesota- based SuperValu distributes grocery items to...

  • July 28- Online food order and delivery company GrubHub Inc reported a 47 percent rise in quarterly revenue as more diners used its services to order meals. Net income rose to $9.4 million, or 11 cents per share, in the second quarter ended June 30, from $2.7 million, or 3 cents per share, a year earlier. The number of active diners using GrubHub's services jumped about...

  • SAN FRANCISCO, July 28- Amazon.com Inc launched a new platform on Tuesday that will help startups advertise and distribute their products directly to millions of Amazon customers, filling an important gap for entrepreneurs trying to reach a wider market of consumers. "As the pace of innovation continues to increase within the startup community, we want to help...

  • WASHINGTON— U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year. Prices are soaring higher in some cities: They rose 10 percent from a year ago in Denver, 9.7 percent in San Francisco and 8.4 percent in Dallas. Washington, D.C. posted the smallest increase at 1.3 percent.

  • NEW YORK, July 28- U.S. single-family home prices in May rose from the previous year at the same pace as April but fell short of forecasts, as housing construction slowed and new home sales lagged existing home sales, a closely watched survey said on Tuesday. Denver, San Francisco, and Dallas experienced the biggest year-over-year home appreciation among the 20...

  • July 28- Ingersoll-Rand Plc, the maker of Trane airconditioners and Thermo King refrigeration units, forecast a lower-than-expected current-quarter profit, citing slow growth in its industrial business. The Dublin, Ireland- based company said it expects third-quarter adjusted earnings of $1.15 to $1.19 per share. The company's net profit attributable to...

  • July 28- SuperValu Inc said it was exploring a spinoff of its discount grocery chain Save-A-Lot as a publicly traded company. Save-A-Lot, a no-frills store chain, operates more than 1,300 stores across the United States, SuperValu said on Tuesday. The business has been focusing on fresh produce and meat and improving its offerings to appeal to a wider customer...

  • *Baidu slumps after results miss expectations. *Pfizer, Ford rise after results. Wall Street sank on Monday, for the fifth straight day, after the steepest decline in Chinese stocks in eight years increased concerns about slowing growth in the country.

  • LONDON, July 28- Cerberus, the private equity firm named after the mythical three-headed dog guarding the gates of Hades, is leading a charge by U.S. investors who are snapping up European loans at knockdown prices. New York- based Cerberus Capital Management has bought more than 27 billion euros of European loans in the last 2-1/ 2 years, acting along with rivals...

  • IRVING, Texas _ FelCor Lodging Trust Inc. on Tuesday reported a key measure of profitability in its second quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 28 cents per share. FelCor Lodging Trust expects full-year funds from operations in the range of 86 cents to 90 cents per share.

  • MC, Monaco _ Scorpio Bulkers Inc. on Tuesday reported a loss of $138.6 million in its second quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. Seven analysts surveyed by Zacks expected $14.4 million.

  • MCG posts 2Q loss 40 Mins Ago

    ARLINGTON, Va. _ MCG Capital Corp. on Tuesday reported a loss of $150,000 in its second quarter. The Arlington, Virginia- based company said it had a loss of less than 1 cent on a per-share basis. Keywords: MCG Capital, Earnings Report.

  • RICHMOND, Va. _ Xenith Bankshares Inc. on Tuesday reported net income of $823,000 in its second quarter. Xenith Bankshares shares have declined roughly 5 percent since the beginning of the year. Keywords: Xenith Bankshares, Earnings Report.

  • ST PAUL, Minn. _ Ecolab Inc. on Tuesday reported second-quarter earnings of $302 million. For the current quarter ending in September, Ecolab expects its per-share earnings to range from $1.24 to $1.31. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.31.

  • WEST CHESTER, Ohio— AK Steel Holding Corp. on Tuesday reported a loss of $64 million in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 37 cents per share. Five analysts surveyed by Zacks expected $1.67 billion.

  • MUNICH/ TOKYO, July 28- Volkswagen overtook Toyota as the world's largest carmaker by sales in the first half year, achieving its long-held ambition three years ahead of target. But staying on top will be a challenge for the German maker of the Golf and Polo, as deliveries are falling in China, destination of a third of its global sales, making it overly reliant on...

  • CHICAGO, July 28- Package delivery company United Parcel Service Inc on Tuesday reported higher second-quarter net profit as improved margins offset a drop in revenue. When main rival FedEx Corp reported quarterly results in June, the Memphis- based company said lower fuel surcharges had cut into revenue. UPS reported second-quarter net income of $1.23...

  • OXFORD, Mass. _ IPG Photonics Corp. on Tuesday reported second-quarter profit of $61.3 million. Four analysts surveyed by Zacks expected $222.2 million. Analysts surveyed by Zacks had expected revenue of $231.1 million.