DST Systems Q2 Profit Soars; EPS, Revenue Top Estimates – Update
DST Systems Inc. (DST) Tuesday reported that its second-quarter profit almost doubled from the year-ago comparable quarter and breezed past analysts’ estimates, helped by better-than-expected higher revenues.
NewAlliance Bancshares Q2 Profit Up 61% – Update
NewAlliance Bancshares, Inc. (NAL), the holding company for NewAlliance Bank, on Tuesday reported a 61% increase in profit for the second quarter, aided by a 13% growth in revenues.
Hess To Buy American Oil & Gas In All-stock Transaction – Update
Integrated energy company Hess Corp. (HES) has agreed to acquire independent energy company American Oil & Gas Inc. (AEZ) in an all-stock transaction, the companies announced in a joint statement Tuesday. The transaction, which has been approved by the board of directors of both companies, is expected to be completed in the fourth quarter of 2010.
Jones Lang LaSalle Posts Profit In Q2 – Update
Commercial real estate service provider Jones Lang LaSalle Inc. (JLL) on Tuesday reported a profit for the second quarter, helped by higher revenues as well as fewer charges as compared to last year. The company recorded revenue growth in leasing and capital markets across all segments.