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Toll Brothers profit rises 46 percent
- Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across the industry.
Morrisons falls after UBS confirms placing
LONDON - Shares in Britain's No.4 grocer Wm Morrison Supermarkets fell 3 percent on Wednesday after UBS confirmed it had placed around 100 million shares in the firm at 280 pence for an institutional seller.
Saks shares rise on report it hired Goldman for strategic options
NEW YORK - Shares of Saks Inc climbed higher Tuesday after the New York Post reported that the luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, citing a source briefed on the matter.
Embraer shares jump after SkyWest contract for up to 200 jets
SAO PAULO - Shares of Brazil's Embraer SA , the world's third-largest commercial planemaker, jumped on Tuesday after the company announced a deal with regional airline group SkyWest Inc that could grow to 200 aircraft and a total price tag of more than $8 billion.
Inmarsat gains on hopes Dish-LightSquared deal will boost revenue
LONDON - Shares in satellite firm Inmarsat rose on expectations that Dish Network Corp's bid for the spectrum assets of its U.S. partner LightSquared may lead to a resumption of payments to the British company under an airwaves-sharing deal.
Herbalife hires PwC as new auditor, shares up
- Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading.
Urban Outfitters sales miss Street estimates, shares fall
- Teen apparel retailer Urban Outfitters Inc's sales missed analysts' estimates even as reduced discounting helped shore up profit in the first quarter.
U.S. homeland security notice weighs on OSI Systems' new contracts
- OSI Systems Inc said the U.S. Department of Homeland Security has issued it a "proposed debarment notice" related to privacy concerns over its full-body passenger scanners used in airports, limiting the company's ability to sign new federal government contracts until the issue is resolved.
Ryder System shares could rise 20 percent: Barron's
- Ryder System <R.N), a truck rental and supply chain management company, could see its shares rise as much as 20 percent, according to a Barron's report.
Tableau Software shares close up 64 percent in market debut
- Shares of Tableau Software Inc rose as much as 68 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth.
No related earnings announcements are currently scheduled within the next 7 days.
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