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2014-07-31 08:22:24

RAISES FULL YEAR NET SALES AND NET EARNINGS GUIDANCE AUBURN HILLS, Mich., July 31, 2014 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter 2014 U.S. GAAP net earnings of $0.83 per diluted share. Excluding non-comparable items, net earnings were $0.89 per diluted share. Net sales were $2,197 million in the quarter. Second Quarter Highlights: -- Net sales of $2,197 million, up 16% compared with second quarter 2013. -- Excluding the impact of foreign...

2014-07-31 08:21:34

Board Declares Third Quarter Dividend on Common Shares of $0.20 STAMFORD, Conn., July 31, 2014 /PRNewswire/ -- Highlights -- Lease rental including finance lease revenues of $187.1 million, and Adjusted EBITDA(1) of $211.7 million -- Net income of $3.1 million, or $0.04 per diluted common share -- Adjusted net income(1) of $47.7 million, or $0.59 per diluted common share -- Invested $916 million year-to-date in 2014; approximately $490 million in...

2014-07-31 08:21:25

Raises Fiscal Year 2014 Earnings and Free Cash Flow Guidance TROY, Mich., July 31, 2014 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter ended June 30, 2014. Third-Quarter Highlights -- Sales were $986 million, down $7 million from the same period last year. -- Net income on a GAAP basis was $234 million, compared to a net loss of $38 million, in the same period last year. Net income included $209 million from...

2014-07-31 08:20:52

SAO JOSE DOS CAMPOS, Brazil, July 31, 2014 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) releases its second quarter 2014 results. HIGHLIGHTS -- In the second quarter of 2014 (2Q14), Embraer delivered 29 commercial and 29 executive (22 light and 7 large) jets; -- The Company's firm order backlog ended 2Q14 at US$ 18.1 billion; -- As a result of aircraft deliveries, coupled with revenues from the Company's Defense & Security business,...

2014-07-30 23:10:22

National Factoring Group has redesigned how business to business companies search for a factoring company. Dallas, TX (PRWEB) July 30, 2014 After a six month upgrade process, National Factoring Group re-launches their factoring broker website. Businesses can now search for, compare, and select factoring companies that are closest to their business, a factoring company with a national presence, or one that specializes in that business’s industry. National Factoring Group has also added...

2014-07-30 16:34:49

Delivers Accelerated Revenue Growth Rate of 7.8% Year Over Year and 2.8% Sequentially LITTLETON, Colo., July 30, 2014 /PRNewswire/ -- tw telecom inc. (NASDAQ: TWTC), a leading national provider of managed services, including Business Ethernet, converged and IP VPN solutions to enterprises across the U.S. and to their global locations, today announced its second quarter 2014 financial results, including $419.7 million of revenue, $11.1 million of net income, $138.4 million of Modified...

2014-07-30 16:34:23

- Revenue of $81.0 million, an increase of 26.8% year-over-year SUNNYVALE, Calif., July 30, 2014 /PRNewswire/ -- Ruckus Wireless, Inc. (NYSE: RKUS) today announced financial results for its second quarter of 2014 ended June 30, 2014. http://photos.prnewswire.com/prnvar/20121120/MM17393LOGO Financial Summary Revenue for the second quarter of 2014 was $81.0 million, an increase of 26.8% from the second quarter of 2013. GAAP net income was $1.4 million for the second quarter of 2014, compared...

2014-07-30 16:34:18

IRVINE, Calif., July 30, 2014 /PRNewswire/ -- Newport Corporation (NASDAQ: NEWP) today reported financial results for its second quarter and six months ended June 28, 2014, and its outlook for the third quarter and second half of 2014. The company noted the following regarding the second quarter results: -- Net sales of $153.2 million; -- New orders of $149.0 million; -- Net income attributable to Newport Corporation of $9.0 million, or $0.22 per diluted share, when...

2014-07-30 16:34:11

SUNNYVALE, Calif., July 30, 2014 /PRNewswire/ -- Spansion Inc. (NYSE: CODE), a global leader in embedded systems solutions, today announced operating results for its second quarter ended June 29, 2014. http://photos.prnewswire.com/prnvar/20060118/SFW077LOGO On a U.S. GAAP basis, Spansion reported second quarter net sales of $314.7 million, gross margin of 29.5%, operating loss of $8.0 million and net loss of $12.0 million or $0.20 per share. On a non?GAAP basis, gross margin was 33.2%,...

2014-07-30 16:34:00

-- Reported revenues of $605.2 million, a 4% increase over the previous quarter and a 14% increase over the same quarter last year REDWOOD CITY, Calif., July 30, 2014 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), a global interconnection and data center company, today reported quarterly results for the quarter ended June 30, 2014. The Company uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measures...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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