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5:25p.m.

Badger Meter Q1 Profit Rises

WASHINGTON (dpa-AFX) - Badger Meter Inc. (BMI) posted first-quarter net earnings of $4.6 million or $0.32 per share, compared to $2.9 million or $0.20 per share in the comparable quarter last year. On average, 5 analysts polled by Thomson Reuters expected earnings of $0.41 per share for the quarter. Analysts' estimates typically exclude special items. [...]
5:14p.m.

American Express Q1 Profit Tops View

NEW YORK CITY (dpa-AFX) - American Express Company (AXP) Wednesday reported first-quarter net income attributable to common shareholders of $1.42 billion or $1.33 per share, compared to $1.27 billion or $1.15 per share in the comparable quarter last year. On average, 25 analysts polled by Thomson Reuters expected earnings of $1.30 per share for the quarter. [...]
5:01p.m.

Sallie Mae Q1 Profit Misses Estimate

WASHINGTON (dpa-AFX) - SLM Corp. (SLM), commonly known as Sallie Mae, reported net income for the first quarter of $279 million or $0.64 per share, compared to $341 million or $0.74 per share for the year-ago quarter. Core earnings for the quarter were $227 million or $0.51 per share, compared to $283 million or $0.61 per share in the prior year quarter. [...]
4:59p.m.

Capital One Financial Q1 Profit Rises

MCLEAN (dpa-AFX) - Capital One Financial Corp. (COF) Wednesday reported first-quarter net income available to common stockholders of $1.1 billion, or $1.96 per share, compared to $1.0 billion, or $1.77 per share in the comparable quarter last year. On average, 26 analysts polled by Thomson Reuters expected the company to earn $1.69 per share for the quarter. [...]
4:47p.m.

SanDisk Q1 Adj. Profit Beats Estimate

MILPITAS (dpa-AFX) - SanDisk Corp. (SNDK) Wednesday reported first-quarter net income of $269 million or $1.14 per share, up from $166 million or $0.68 per share in the same period last year. Adjusted earnings for the quarter was $330 million or $1.44 per share, compared to $207 million, or $0.84 per share in the prior year quarter. On average, 29 analysts [...]
4:42p.m.

IBM Q1 Profit Meets Estimate; Revenue Misses

ARMONK (dpa-AFX) - International Business Machines Corp. (IBM) reported net income for the first quarter of $2.4 billion or $2.29 per share, compared to $3.0 billion or $2.70 per share for the year-ago quarter. Excluding items, operating earnings for the first quarter were $2.6 billion or $2.54 per share, compared to $3.4 billion or $3.00 per share in [...]
4:40p.m.

Major Averages Close At Their Best Levels Of The Day

WASHINGTON (dpa-AFX) - Stocks moved sharply higher over the course of the trading day on Wednesday, further offsetting the steep losses posted late last week. The markets benefited from a positive reaction to the latest earnings news as well as remarks by Federal Reserve Chairman Janet Yellen. While most of the major sectors moved to the upside, airline [...]
4:36p.m.

Danaher CEO Lawrence Culp To Retire Next March, Names Thomas Joyce Successor

WASHINGTON (dpa-AFX) - Danaher Corp. (DHR) said Wednesday that its Executive Vice President Thomas Joyce, Jr. will succeed Lawrence Culp, Jr. as president and chief executive officer upon Culp's retirement on March 1, 2015. Culp will continue at Danaher in an advisory role into the first quarter of 2016. Chairman Steven Rales said, "The selection of [...]
4:29p.m.

Danaher Q1 Profit Tops Street; Provides Weak Q2 EPS Outlook

WASHINGTON (dpa-AFX) - Danaher Corp. (DHR) Wednesday reported first-quarter net earnings of $579.7 million or $0.81 per share compared with $691.9 million or $0.98 per share last year. Results for the prior-year quarter included a near $230 million gain on sale of unconsolidated joint venture. Revenues for the quarter were $4.66 billion, up 5% from $4.4 [...]
4:04p.m.

Treasuries Close Slightly Lower But Well Off Worst Levels

WASHINGTON (dpa-AFX) - After coming under pressure in early trading on Wednesday, treasuries regained some ground over the course of the session but still closed slightly lower. While bond prices climbed well off their worst levels, they were unable to break into positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite [...]
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