July 31- Exxon Mobil Corp reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company. Profit at Exxon's exploration and production business fared even more poorly with a profit of $2 billion, down sharply from $7.9 billion a year earlier. Exxon, based in Irving,...» Read More
NEW YORK— Shares of cybersecurity firm FireEye Inc. fell in premarket trading Friday, the morning after the company's chief financial officer said he was leaving. "Mike helped build FireEye from an early-stage technology pioneer to a global leader in advanced threat protection," said DeWalt, CEO and chairman of the board of FireEye. FireEye, based in Silicon...
CALGARY, Alberta _ Imperial Oil Ltd. on Friday reported second-quarter earnings of $97.6 million. Imperial Oil shares have fallen 13 percent since the beginning of the year. Keywords: Imperial Oil, Earnings Report.
LONDON, July 31- The dollar fell by a third of a percent against the euro on Friday, the lack of decisive new direction from numbers on the U.S. economy prompting traders to take profit on its rise since Wednesday's statement by the Federal Reserve. Another 1 percent fall in Brent crude helped drive the Norwegian crown and Australian and Canadian dollars lower...
MONTREAL _ Orbite Aluminae Inc. on Friday reported a loss of $3 million in its second quarter. On a per-share basis, the Montreal- based company said it had a loss of 1 cent. Keywords: Orbite Aluminae, Earnings Report.
MILWAUKEE _ Jason Industries Inc. on Friday reported a loss of $719 million in its second quarter. Jason Industries expects full-year revenue in the range of $708 million to $723 million. Jason Industries shares have fallen 45 percent since the beginning of the year.
ATHENS, Greece _ Tsakos Energy Navigation Ltd. on Friday reported second-quarter net income of $41.3 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Six analysts surveyed by Zacks expected $119.4 million.
WASHINGTON, July 31- U.S. labor costs in the second quarter recorded their smallest increase in 33 years amid tepid gains in the private sector, but it likely was a temporary setback against the backdrop of diminishing labor market slack. The Employment Cost Index, the broadest measure of labor costs, edged up 0.2 percent, the Labor Department said on Friday.
WASHINGTON— U.S. wages and benefits grew in the spring at the slowest pace in 27 years, stark evidence that stronger hiring hasn't boosted pay. The slowdown also reflects a sharp drop-off in bonus and incentive pay. The Labor Department says the employment cost index rose just 0.2 percent in the April-June quarter after a 0.7 increase in the first quarter.
LONDON, July 31- Barrick Gold Corp's sale of half of its Zaldivar copper mine in Chile to Antofagasta for what analysts say is a pricey $1 billion hit Antofagasta's shares on Friday, but could help Anglo American in its own copper assets sale. Shares in Antofagasta fell by almost 5 percent on Friday to their lowest in six years, after the announcement late on...
ASHEVILLE, N.C. _ ASB Bancorp Inc. on Friday reported net income of $865,000 in its second quarter. ASB Bancorp shares have increased 6 percent since the beginning of the year. Keywords: ASB Bancorp, Earnings Report.
UNIONDALE, N.Y. _ Arbor Realty Trust on Friday reported a key measure of profitability in its second quarter. The Uniondale, New York- based real estate investment trust said it had funds from operations of $12.7 million, or 25 cents per share, in the period. The company said it had net income of $10.5 million, or 21 cents per share.
BILLINGS, Mont. _ Stillwater Mining Co. on Friday reported a second-quarter loss of $27.5 million, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. Stillwater Mining shares have dropped 36 percent since the beginning of the year.
ATHENS, Greece _ Diana Shipping inc. on Friday reported a loss of $15.5 million in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. Diana Shipping shares have increased 13 percent since the beginning of the year.
RACINE, Wis. _ Modine Manufacturing Co. on Friday reported fiscal first-quarter earnings of $5.1 million. Modine expects full-year earnings in the range of 75 cents to 82 cents per share. Modine shares have dropped 24 percent since the beginning of the year.
JERSEY CITY, N.J. _ Provident Financial Services Inc. on Friday reported second-quarter net income of $21.8 million. On a per-share basis, the Jersey City, New Jersey- based company said it had net income of 35 cents. The holding company for The Provident Bank posted revenue of $78.6 million in the period.
EAST AURORA, N.Y. _ Moog Inc. on Friday reported fiscal third-quarter net income of $36.3 million. Moog expects full-year earnings to be $3.50 per share, with revenue expected to be $2.53 billion. Moog shares have fallen 11 percent since the beginning of the year.
LILLE, France, July 31- Protesting ferry-workers blocked road access to the northern French port of Calais with burning tyres on Friday, police said. The workers have in recent weeks intermittently blocked the port and sometimes the Channel Tunnel in a protest over job cuts after tunnel operator Eurotunnel agreed to sell its MyFerryLink ferry unit to...
DETROIT _ American Axle& Manufacturing Holdings Inc. on Friday reported second-quarter profit of $58.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share. American Axle shares have declined slightly more than 6 percent since the beginning of the year.
July 31- Berry Plastics Group Inc said it would buy Avintiv Inc, which makes materials used in products ranging from diapers to disinfectant wipes, for about $2.45 billion in cash from Blackstone Group LP.
ST LOUIS _ Ameren Corp. on Friday reported second-quarter net income of $150 million. Ameren expects full-year earnings in the range of $2.45 to $2.65 per share. Ameren shares have decreased 14 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 2 percent.