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Chicago Board of Trade › (CBOT:DJ.H13)

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Today's Financial News

QLogic posts 1Q profit of $2.6 million, result misses forecasts

2 hours ago

ALISO VIEJO, Calif. (AP) _ QLogic Corp. (QLGC) on Thursday reported fiscal first-quarter profit of $2.6 million. The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. The computer networking equipment supplier posted revenue of $113.4 million in the period.

FireEye reports 2nd-quarter loss but tops expectations

2 hours, 2 minutes ago

MILPITAS, Calif. (AP) _ FireEye Inc. (FEYE) on Thursday reported a loss of $133.6 million in its second quarter. The Milpitas, California-based company said it had a loss of 87 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 41 cents per share. The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share.

Envision Healthcare tops 2Q net income and revenue expectations

2 hours, 2 minutes ago

GREENWOOD VILLAGE, Colo. (AP) _ Envision Healthcare Holdings Inc. (EVHC) on Thursday reported second-quarter net income of $52.4 million, after reporting a loss in the same period a year earlier. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

Philadelphia news anchor married to indicted congressman denies wrongdoing in sale of Porsche

2 hours, 2 minutes ago

PHILADELPHIA (AP) — A news anchor said Thursday that authorities have wrongly accused her of a shady Porsche transaction in the indictment of her congressman husband. "I know this was a legitimate sale," she wrote in a letter to WCAU-TV (http://bit.ly/1JyK3J8), where she is on leave. Yet in an indictment released Wednesday, federal prosecutors allege it was a sham sale designed to hide a bribe from a lobbyist. They said the car never changed hands and the paperwork was falsified.

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