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2015-08-03 13:06:14, 0 min delay
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Today's Financial News
8 hours ago
FORT SMITH, Ark. (AP) _ ArcBest Corp. (ARCB) on Monday reported second-quarter net income of $20 million. The Fort Smith, Arkansas-based company said it had net income of 74 cents per share. Earnings, adjusted for non-recurring costs, were 75 cents per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
8 hours ago
ATHENS, Greece (AP) — Greece's main stock index plunged over 22 percent as it reopened Monday after a five-week closure, giving investors their first opportunity since June to react to the country's latest economic crisis. The Athens Stock Exchange and Greek banks were closed on June 29, when controls on money withdrawals and transfers were imposed to prevent a collapse in the banking system due to a run on deposits.
8 hours ago
BERLIN (AP) — A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.'s HERE map business in a deal that values the unit at 2.8 billion euros ($3.1 billion) and secures their access to technology that could eventually be used for driverless cars. The three rival German automakers said that HERE is "laying the foundations for the next generation of mobility and location based services." They added that "for the automotive industry this is the basis for new assistance systems and ultimately fully autonomous driving."
9 hours ago
WASHINGTON (AP) — The largest Florida corporate donor to a super political action committee backing former Gov. Jeb Bush's presidential run is NextEra Energy Inc., the company that owns electric utility giant Florida Power & Light. "With power, the cash registers open and close," Bush wrote in the op-ed, published in the Tallahassee Democrat. FP&L is the state's largest electric utility, and NextEra operates in 26 other states and Canada.