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5:55p.m.

Flowserve Q2 Profit Rises

WASHINGTON (dpa-AFX) - Flow control products company Flowserve Corp. (FLS), said its second-quarter net income attributable to the company of $123.5 million or $0.90 per share, compared to $120.4 million or $0.84 per share in the prior-year quarter. On average, seventeen analysts polled by Thomson Reuters expected earnings of $0.93 per share for the quarter. [...]
5:53p.m.

Qualcomm Profit Tops Street View

SAN DIEGO (dpa-AFX) - Qualcomm Inc (QCOM) on Wednesday reported a 42 percent jump in third-quarter profit, helped by demand for its chips used in smartphones, with results topping Wall Street estimates. The mobile chip maker provided overall weak guidance for the fourth quarter, citing a slump in licensing business; but lifted earnings expectations for [...]
5:46p.m.

Illumina Q2 Profit Beats Estimates; Increases 2014 Guidance

SAN DIEGO (dpa-AFX) - Illumina, Inc. (ILMN) reported second-quarter net income of $47 million, or $0.31 per share, compared to $36 million, or $0.26 per share, for the second quarter of 2013. Non-GAAP net income for the quarter was $85 million, or $0.57 per share. On average, 21 analysts polled by Thomson Reuters expected the company to report profit [...]
5:45p.m.

Korea GDP On Tap For Thursday

BEIJING (dpa-AFX) - South Korea will on Thursday see an advance estimate for Q2 GDP, highlighting a busy day in Asia-Pacific economic activity. Gross domestic product is expected to add 0.1 percent on quarter and 3.3 percent on year following the 0.9 percent quarterly increase and the 3.9 percent yearly gain in the previous three months. New Zealand [...]
5:45p.m.

Citrix Systems Q2 Profit Declines; Issues Q3 Outlook

FORT LAUDERDALE (dpa-AFX) - Citrix Systems Inc. (CTXS) reported that its second-quarter net income was $53.0 million, or $0.31 per share, compared to $64.5 million, or $0.34 per share in the comparable quarter last year. Non-GAAP net income was $142 million, or $0.83 per share, compared to $124 million, or $0.66 per share, prior year. On average, 30 analysts [...]
5:37p.m.

Macerich Company Q2 Profit Beats Estimates; Affirms EPS & FFO Guidance For 2014

WASHINGTON (dpa-AFX) - The Macerich Company (MAC) reported second-quarter net income attributable to the company from continuing operations of $16.1 million or $0.11 per share, compared to $219.0 million or $1.57 per share, a year ago. Funds from operations was $129.8 million or $0.86 per share compared to $130.4 million or $0.87 per share, prior year. [...]
5:35p.m.

Gold Ends Slightly Lower On Gaza, Ukraine

WASHINGTON (dpa-AFX) - Gold futures slipped for a second straight session to end slightly lower on Wednesday, with investors opting for riskier assets tracking rising global equity markets. Nonetheless, the losses were limited due mainly to the escalating tensions in Gaza where fighting between Israel and Hamas rages on unabated. While persisting worries [...]
5:24p.m.

Cheesecake Factory Q2 Profit Rises

WASHINGTON (dpa-AFX) - The Cheesecake Factory Incorporated (CAKE) reported second-quarter net income of $30.05 million or $0.59 per share, compared to $28.58 million or $0.52 per share, last year. Non-GAAP net income was $30.36 million or $0.59 per share, for the quarter. On average, 22 analysts polled by Thomson Reuters expected the company to report [...]
5:21p.m.

Cirrus Logic Q1 Adj. Profit Tops View

WASHINGTON (dpa-AFX) - Cirrus Logic, Inc. (CRUS) reported that its first-quarter net income was $10.2 million or $0.16 per share, compared to $20.6 million or $0.31 per share in the comparable quarter last year. Non-GAAP net income was $23.6 million or $0.37 per share, down from $36.8 million or $0.56 per share in the prior year quarter. On average, eight [...]
5:12p.m.

Clearwater Paper Corp. Q2 Adj. Profit Tops View

WASHINGTON (dpa-AFX) - Clearwater Paper Corporation (CLW) Wednesday reported second-quarter net income of $12.5 million or $0.61 per share, compared to $11.7 million or $0.52 per share in the same period last year. Adjusted earnings for the quarter were $15.3 million or $0.74 per share, up from $11.6 million or $0.51 per share in the prior year quarter. [...]
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