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Latest Generally Accepted Accounting Principles Stories

2014-07-21 08:21:46

- Company Generates Record Sales of $3.9 Billion and Earnings Per Share of $1.28 - ATLANTA, July 21, 2014 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) reports sales and earnings for the second quarter and six months ended June 30, 2014. http://photos.prnewswire.com/prnvar/20081002/CLTH108LOGO Thomas C. Gallagher, Chairman and Chief Executive Officer, announced today that record sales totaling $3.9 billion were up 6% compared to the second quarter of 2013. Net income for...

2014-07-18 08:24:03

DUBLIN, July 18, 2014 /PRNewswire/ -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. Increases Non GAAP diluted earnings per ADS guidance to low-to-mid thirty percent growth in 2014. Shire (LSE: SHP, NASDAQ: SHPG) announces unaudited results for the three months to June 30, 2014....

2014-07-18 08:20:43

-- Organic Sales Growth 3%; Strong Execution Across The Portfolio MORRIS TOWNSHIP, N.J., July 18, 2014 /PRNewswire/ -- Honeywell (NYSE: HON) today announced its results for the second quarter of 2014: Total Honeywell --------------- ($ Millions, except Earnings Per Share) 2Q 2013 2Q 2014 Change ------- ------- ------ Sales...

2014-07-18 08:20:32

MILWAUKEE, July 18, 2014 /PRNewswire/ -- For the third quarter of fiscal 2014, Johnson Controls, Inc. (NYSE: JCI), a global multi-industrial company, reported net income from continuing operations of $238 million, or $0.35 per share, on $10.8 billion in revenues. Third quarter diluted earnings per share from continuing operations and excluding restructuring and non-recurring items was $0.84, up 17 percent versus $0.72 last year. As a result of the previously announced sale of its Automotive...

2014-07-17 20:20:20

Highlights: OMAHA, Neb., July 17, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, reported second quarter sales of $842.6 million compared with $878.7 million for the same period of 2013. Second quarter 2014 operating income was $104.8 million versus $144.3 million in 2013. Second quarter net income was $64.0 million versus $89.6...

2014-07-17 20:20:18

DULUTH, Ga., July 17, 2014 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and services companies in the U.S., today announced that its Board of Directors has increased the size of the Company's share repurchase authorization to a total of $100 million of the Company's common stock. During the first half of the year, the Company repurchased 503,000 shares of its common stock for approximately $29.4 million. As of April 22, 2014, the...

2014-07-17 16:29:54

Company Reiterates 2014 Financial Outlook, Including Accelerated SaaS Growth Investments; Projects 2014 Free Cash Flow to Exceed $1.00 Per Share* ATLANTA, July 17, 2014 /PRNewswire/ -- Premiere Global Services, Inc. (NYSE: PGI), a leading global provider of collaboration software and services for over 20 years, today announced results for the second quarter ended June 30, 2014. In the second quarter of 2014, net revenues increased 9.2% to $144.3 million, compared to $132.2 million...

2014-07-17 16:26:27

Record HBDC Placements and Strength in North America Reagents Drive 27% Clinical Growth SUNNYVALE, Calif., July 17, 2014 /PRNewswire/ -- Cepheid (Nasdaq: CPHD) today reported revenues for the second quarter of 2014 of $116.5 million, representing growth of 21% from $96.0 million for the second quarter of 2013. Net loss in the second quarter of 2014 was $(9.8) million, or $(0.14) per share, which compares to net loss of $(6.6) million, or $(0.10) per share, in the second quarter of 2013....

2014-07-17 16:20:50

OAK BROOK, Ill., July 17, 2014 /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) today announced financial results for the quarter ended June 30, 2014. Hub Group reported record income of $18.7 million for the second quarter ended June 30, 2014 compared to $18.6 million in the second quarter of 2013. Hub Group's diluted earnings per share was $0.51 for the second quarter of 2014, which represents an increase of 2% when compared with the prior year period. Hub Group's revenue...

2014-07-17 08:31:29

Revises 2014 EPS Guidance CHICAGO, July 17, 2014 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2014 second quarter ended June 30, 2014. Sales of $2.5 billion increased 5 percent versus $2.4 billion in the 2013 second quarter. There were 64 selling days in the quarter, the same as in 2013. Net earnings for the quarter decreased 5 percent to $206 million versus $218 million in 2013. Earnings per share of $2.94 decreased 3 percent versus $3.03 in 2013. During the...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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