Autoliv reported stronger than expected second-quarter earnings per share of $1.48, besting the Street consensus by $0.10 and $0.09 higher than the year-ago $1.39 EPS. Owing to an anemic European new car market, analysts were also expecting Autoliv to report flattish earnings for the quarter. The company’s like-for-like European revenue increased by 4% compared with…
Facebook Inc. (NASDAQ:FB), which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday. Facebook Inc (NASDAQ:FB) belongs to Technology sector. Its net profit margin is 23.70% and weekly performance is -5.85%. On last trading day company shares…
Exact Sciences Corp.(NASDAQ:EXAS) announced that the Centers for Medicare & Medicaid Services (CMS) issued its final National Coverage Determination (NCD) for Cologuard, making it the first and only Food and Drug Administration (FDA) approved stool DNA test for the detection of colorectal cancer and precancer covered by Medicare. Coverage will go into effect immediately. Exact…
Peabody Energy Corp. (NYSE:BTU) has lodged an application with the New South Wales government to extend underground operations at its Hunter Valley coal mine. The application for the Wambo mine near Singleton proposes development of an additional longwall panel for the existing North Wambo underground. An extra 2 million t of coal would be extracted…
Chesapeake Energy Corporation (NYSE:CHK) has undergone a radical transformation since CEO Doug Lawler joined the company last summer. Lawler said Chesapeake’s success is no accident, built on newly established core values that include trust, respect and integrity. Chesapeake Energy Corporation (NYSE:CHK) belongs to Basic Materials sector. Its net profit margin is 2.60% and weekly performance…
Several potential buyers have expressed interest in acquiring New York EIT Inc.,NYRT +2.76% a $1.75 billion real-estate investment trust, according to several people briefed on the talks. New York REIT on Tuesday said it had enlisted Barclays Capital Inc. and Realty Capital Securities LLC to advise it in a bid to boost shareholder value. The…
