Aug 3- American International Group Inc, the largest commercial insurer in the United States and Canada, reported a quarterly operating profit that breezed past analysts' estimates, and boosted its share buyback by up to $5 billion. The insurer's results were driven by investments in one of China's biggest insurers and earnings from aircraft leasing company...» Read More
DETROIT— General Motors' faulty ignition switches were responsible for at least 124 deaths and 274 injuries, according to a fund set up to compensate victims. The fund, administered by attorney Kenneth Feinberg, updated the totals Monday. Fund spokeswoman Camille Biros says 385 compensation offers have been made so far and 275 have been accepted.
WASHINGTON— Figures on government spending and debt.
*Tyson Foods falls after profit forecast cut. Aug 3- Wall Street ended lower on Monday as tumbling oil prices dragged energy shares to a three-year low and factory data from China raised concerns about the world's second-biggest economy. Oil prices fell on fresh evidence of growing oversupply and data highlighting slowing demand in China.
SAN JUAN, Puerto Rico— The government of Puerto Rico has confirmed that it failed to make a $58 million debt payment that was due Saturday, a significant escalation of the debt crisis facing the U.S. island territory. Government Development Bank President Melba Acosta Febo said Monday that Puerto Rico made a partial payment of $628,000 interest.
DUBLIN _ XL Group PLC on Monday reported second-quarter net income of $915 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
NATICK, Mass. _ Cognex Corp. on Monday reported second-quarter net income of $43.7 million. Four analysts surveyed by Zacks expected $151.5 million. For the current quarter ending in September, Cognex said it expects revenue in the range of $106 million to $109 million.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Tyson Foods Inc., down $4.39 to $39.96. NextEra Energy Inc., up $2.51 to $107.71.
PLAINVIEW, N.Y. _ Veeco Instruments Inc. on Monday reported a loss of $8.4 million in its second quarter. Five analysts surveyed by Zacks expected $128.1 million. Analysts surveyed by Zacks had expected revenue of $147.8 million.
PARSIPPANY, N.J. _ Avis Budget Group Inc. on Monday reported second-quarter profit of $143 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Avis Budget shares have dropped 35 percent since the beginning of the year.
INDIANAPOLIS _ Interactive Intelligence Group Inc. on Monday reported a loss of $5.1 million in its second quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share. Interactive Intelligence shares have decreased 14 percent since the beginning of the year.
LOUISVILLE, Ky. _ Texas Roadhouse Inc. on Monday reported second-quarter earnings of $21.1 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Texas Roadhouse shares have climbed 21 percent since the beginning of the year.
DALLAS _ Tenet Healthcare Corp. on Monday reported a loss of $61 million in its second quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Ten analysts surveyed by Zacks expected $4.36 billion.
NEW YORK _ American International Group Inc. on Monday reported second-quarter profit of $1.8 billion. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. American International Group shares have increased 15 percent since the beginning of the year, while the Standard& Poor's 500 index has risen...
DOWNERS GROVE, Ill. _ Addus HomeCare Corp. on Monday reported second-quarter earnings of $3.3 million. Addus HomeCare shares have risen slightly more than 9 percent since the beginning of the year. Keywords: Addus HomeCare, Earnings Report.
*Commodity markets battered by weak China data; CRB at 12- yr low. NEW YORK, Aug 3- Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout. U.S. crude had already fallen 21 percent in July, its worst month since 2008 amid mounting...
Aug 3- A U.S. appeals court will hear oral arguments on Dec. 4 in lawsuits that challenge the Federal Communications Commission's "net neutrality" rules, which prevent broadband providers from blocking or slowing Internet traffic, the court said on Monday. USTelecom, a trade group for broadband providers, and other opponents of the rules sued the FCC this year,...
KANSAS CITY, Kan. _ Epiq Systems Inc. on Monday reported a loss of $3.2 million in its second quarter. Epiq Systems expects full-year earnings to be 90 cents to 96 cents per share. Epiq Systems shares have declined 4 percent since the beginning of the year.
MOODY'S SAYS SEES PFC NON PAYMENT AS FIRST IN WHAT IT BELIEVES WILL BE BROAD DEFAULTS ON COMMONWEALTH DEBT.
MOODY'S SAYS VIEWS PUERTO RICO NON PAYMENT OF FULL DEBT SERVICE A DEFAULT.
The Paramount and Skydance Productions film cost an estimated $150 million to produce and has already opened in a number of territories overseas as well, with a China release scheduled Sept. 8. 1. "Mission: Impossible— Rogue Nation," Paramount, $55,520,089, 3,956 locations, $14,034 average, $55,520,089, 1 week. 2. "Vacation," Warner Bros., $14,681,108, 3,411 locations,...