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  • FALLS CHURCH, Va. _ General Dynamics Corp. on Wednesday reported first-quarter earnings of $799 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.47 per share. General Dynamics shares have climbed 9 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen 1.5 percent.

  • LONDON, April 25- GlaxoSmithKline's chief executive said on Wednesday she had no interest in acquiring Shire, the London- listed rare diseases specialist that Takeda Pharmaceutical hopes to buy for some $64 billion.

  • BRIDGEVILLE, Pa. _ Universal Stainless& Alloy Products Inc. on Wednesday reported first-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Bridgeville, Pennsylvania- based company said it had profit of 28 cents. This story was generated by Automated Insights using data from Zacks Investment...

  • April 25- U.S. oil and gas producer Hess Corp reported a smaller quarterly loss on Wednesday as the company benefited from higher crude prices and lower costs. Net loss attributable to Hess narrowed to $106 million, or 38 cents per share, in the first quarter ended March 31, from $324 million, or $1.07 per share, a year earlier. Total revenue and non-operating income...

  • April 25- Weapons maker General Dynamics Corp reported a 4.7 percent rise in first-quarter profit on Wednesday, helped by higher sales in its combat systems unit as President Donald Trump seeks to boost military spending. Net earnings rose to $799 million, or $2.65 per share, in the quarter ended April 1 from $763 million, or $2.48 per share, a year earlier.

  • LONDON, April 25- Energy firm Point Resources, backed by private equity firm HitecVision, has hired investment bank BMO Capital Markets to find a minority partner in some of its oil fields in the North Sea, a document drawn up for the company shows. The Norwegian oil producer currently holds a 100- percent operated interest in the Balder and Ringhorne fields and a...

  • AUSTIN, Texas _ Silicon Laboratories Inc. on Wednesday reported first-quarter profit of $26.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share. For the current quarter ending in July, Silicon Labs expects its per-share earnings to be 58 cents.

  • Sales in its Covance business, which carries out trials for drugmakers, rose 39.3 percent to $1.08 billion, helped by the acquisition of privately held CRO Chiltern International. Revenue from LabCorp's diagnostics, which offers services such as genetic and pathology tests through labs throughout the United States, rose 8 percent to $1.64 billion in the...

  • The world's biggest planemaker, which sold a record 763 aircraft last year and has already announced a rise in commercial deliveries in the first three months of the year, raised its full-year operating cash flow forecast to a range of $15.0 billion- $15.5 billion from about $15 billion, previously.

  • WYOMISSING, Pa. _ Gaming and Leisure Properties Inc. on Wednesday reported a key measure of profitability in its first quarter. The Wyomissing, Pennsylvania- based real estate investment trust said it had funds from operations of $169.7 million, or 79 cents per share, in the period. Five analysts surveyed by Zacks expected $251.3 million.

  • BRUSSELS— The European Union's executive branch wants the bloc's public and private sectors to invest at least $24 billion in artificial intelligence through 2020 in an attempt to remain globally competitive. EU Digital Market Commissioner Andrus Ansip said Wednesday the Commission itself will increase its investment in research and development to...

  • BLOOMFIELD HILLS, Mich. _ Penske Automotive Group Inc. on Wednesday reported first-quarter net income of $108.1 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW ORLEANS _ Entergy Corp. on Wednesday reported first-quarter profit of $136.2 million. Entergy expects full-year earnings in the range of $6.25 to $6.85 per share. Entergy shares have dropped roughly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased 1.5 percent.

  • NEW YORK _ Viacom Inc. on Wednesday reported fiscal second-quarter profit of $266 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. The owner of Nickelodeon, MTV, Comedy Central and Paramount Pictures posted revenue of $3.15 billion in the period, also topping Street forecasts.

  • To insulate itself from box-office misses, Paramount has sold some of its hotter properties this year, giving "The Cloverfield Paradox" to Netflix, along with international rights to horror movie "Annihilation". Net income attributable to Viacom rose to $256 million, or 64 cents per share, in the second quarter ended March 31 from $121 million, or 30 cents per share, a...

  • LONDON, April 25- Shares were on their way to the longest losing streak of the year on Wednesday, as an advance in U.S. bond yields beyond 3 percent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked. Falls in Asia's and then Europe's main bourses had pushed the 47- country MSCI world share index down for a fifth day...

  • WESTBURY, N.Y. _ New York Community Bancorp Inc. on Wednesday reported first-quarter earnings of $106.6 million. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 20 cents per share. Five analysts surveyed by Zacks expected $292.8 million.

  • GREENSBORO, N.C. _ Unifi Inc. on Wednesday reported fiscal third-quarter profit of $176,000. The Greensboro, North Carolina- based company said it had net income of 1 cent per share. Unifi shares have dropped slightly more than 3 percent since the beginning of the year.

  • "It's a really important moment to stabilise the European defence industry and work together in a structured manner," Airbus Defence and Space CEO Dirk Hoke told reporters at the Berlin air show. Germany and France have agreed on the central requirements for a new fighter jet to replace Eurofighter Typhoon and Rafale warplanes beginning in 2040, and officials...

  • BURLINGTON, N.C. _ Laboratory Corp. of America Holdings on Wednesday reported first-quarter earnings of $173.2 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.64 per share. LabCorp expects full-year earnings in the range of $11.30 to $11.70 per share.