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Wires

  • MENLO PARK, Calif. _ Corcept Therapeutics Inc. on Thursday reported fourth-quarter net income of $98.3 million. On a per-share basis, the Menlo Park, California- based company said it had net income of 77 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

  • Feb 22- First Solar Inc said on Thursday it would restart some production at its Ohio factory that was stopped late last year and hire new employees due to robust demand for its solar panels both in the United States and overseas. The Ohio facility currently has about 800 workers, according to spokesman Steve Krum. The company has also enjoyed increased demand for...

  • BUENOS AIRES, Argentina _ MercadoLibre SA on Thursday reported a fourth-quarter loss of $67.7 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. Three analysts surveyed by Zacks expected $404.7 million.

  • Feb 22- GoDaddy Inc's quarterly revenue topped Wall Street estimates on Thursday, as the web-hosting company earned more from each user and expanded customer base with its acquisition of Host Europe Group. The company forecast current-quarter revenue of $620 million to $625 million, above analysts' estimate of $598.6 million, according to Thomson Reuters...

  • FRANKLIN, Tenn. _ Community Healthcare Trust Inc. on Thursday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Franklin, Tennessee, said it had funds from operations of $6.6 million, or 37 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for...

  • The real estate investment trust, based in Richmond, Virginia, said it had funds from operations of $81 million, or 36 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 36 cents per share. Four analysts surveyed by Zacks expected $288.1 million.

  • LONDON, Feb 22- British Prime Minister Theresa May will set out "the way forward" for Brexit next week after a meeting with top aides on Thursday intended to resolve differences over strategy that are dividing her team, and frustrating European Union negotiators. May's meeting with her so-called Brexit war committee at her 16th- century country residence was...

  • BETHESDA, Md. _ Pebblebrook Hotel Trust on Thursday reported a key measure of profitability in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 43 cents per share. Six analysts surveyed by Zacks expected $178.1 million.

  • NEW YORK— A federal judge has given the green light to a Minnesota company that wants to put advertising in rideshare vehicles in New York City. Manhattan Judge Ronnie Abrams ruled Thursday in the First Amendment case brought by a company that was blocked from putting ads in vehicles affiliated with companies such as Uber and Lyft. Vugo Inc. sued New York City...

  • SAN FRANCISCO _ Marin Software Inc. on Thursday reported a loss of $7.3 million in its fourth quarter. Marin Software expects full-year results to range from a loss of $1.36 per share to a loss of $1.28 per share. Marin Software shares have fallen 17 percent since the beginning of the year.

  • BOSTON/ NEW YORK, Feb 22- The world's largest asset manager put U.S. gunmakers on notice on Thursday that it is no longer business as usual in the wake of a shooting that killed 17 at a Florida high school. Underlining how the Valentines Day massacre at the Florida high school has rattled the finance industrys relationship with gunmakers, First National Bank of...

  • The Republican-led FCC in December voted 3-2 to overturn 2015 rules barring service providers from blocking, slowing access to or charging more for certain content on the internet. FCC Chairman Ajit Pai is confident the order will be upheld, his office said in a statement. The White House Office of Management and Budget still must sign off on some aspects of the...

  • REDMOND, Wash. _ MicroVision Inc. on Thursday reported a loss of $7.9 million in its fourth quarter. The Redmond, Washington- based company said it had a loss of 10 cents per share. For the year, the company reported that its loss widened to $24.2 million, or 33 cents per share.

  • SAN JOSE, Calif. _ Immersion Corp. on Thursday reported a loss of $12.3 million in its fourth quarter. On a per-share basis, the San Jose, California- based company said it had a loss of 42 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.

  • NEW YORK, Feb 22- A Florida lawyer was sentenced to two years and three months in prison on Thursday for engaging in insider trading based on information that he improperly obtained from his law firm's databases and also passed on to a friend. District Judge Katherine Polk Failla in Manhattan. Little was charged with conspiracy and securities fraud in a criminal...

  • BOSTON _ Brightcove Inc. on Thursday reported a loss of $1.4 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. For the current quarter ending in April, Brightcove expects its results to range from a loss of 8 cents per share to a loss of 6 cents per share.

  • WARREN, Mich. _ Universal Truckload Services Inc. on Thursday reported fourth-quarter earnings of $24.4 million. On a per-share basis, the Warren, Michigan- based company said it had net income of 86 cents. For the year, the company reported profit of $28.2 million, or 99 cents per share.

  • HPE, known for its computer servers, also forecast an adjusted profit of 29 cents to 33 cents per share for the second quarter. HPE's newly appointed chief executive, Antonio Neri, said the company plans to return $7 billion to shareholders in the form of share repurchases and dividends by the end of fiscal 2019 due to the recent U.S. tax reform.

  • MADISON, Wis. _ Alliant Energy Corp. on Thursday reported fourth-quarter earnings of $231.2 million. Alliant Energy expects full-year earnings to be $2.04 to $2.18 per share. Alliant Energy shares have fallen slightly more than 9 percent since the beginning of the year.

  • SUNNYVALE, Calif. _ Financial Engines Inc. on Thursday reported fourth-quarter earnings of $6.3 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Financial Engines expects full-year revenue in the range of $510 million to $530 million.