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Teva Pharmaceutical Industries Ltd. (TEVA) and Regeneron Pharmaceuticals Inc. (REGN) announced positive topline results from a Phase 3, randomized, double-blind, placebo-controlled study of fasinumab in patients with chronic pain from osteoarthritis (OA) of the knee or hip. At the week 16 primary efficacy...

Symantec Corp. (SYMC) issued statement in response to the submission by Starboard Value, of five nominees to stand for election to the Symantec Board of Directors at Symantec's 2018 Annual Meeting of Stockholders. The Nominating and Governance Committee of the Symantec Board is evaluating the nominations...

BioNTech AG said that it reached a multi-year research and development collaboration with Pfizer Inc. (PFE) to develop mRNA-based vaccines for prevention of influenza (flu). As per the terms of the agreement, BioNTech and Pfizer will jointly conduct research and development activities to help advance...

JKX Oil & Gas plc (JKX.L) said Proxima Capital has informed the company that it has sold its entire 19.97 percent shareholding in JKX to Cascade Asset Management, a company incorporated in Grand Cayman. The transaction was completed on 14 August 2018. Subsequently, JKX Oil was informed by Cascade...

Marshalls plc. (MSLH.L) reported that its profit before tax for the six-month ended 30 June 2018 rose 12 percent to 32.53 million pounds from last year's 29.13 million pounds. Profit attributable to equity shareholders of the parent grew to 26.16 million pounds or 13.13 pence from 23.78 million pounds...

Chemring Group plc (CHG.L) said that its U.S- based subsidiary Chemring Sensors and Electronic Systems or CSES has been awarded a $93 million Indefinite Delivery Indefinite Quantity or IDIQ contract to refurbish and refresh the U.S. DOD's fleet of Husky Mounted Detection Systems (HMDS). The enhanced...

German consumer goods maker Henkel AG & Co. KGaA (HENOY, HENKY) Thursday reported that its adjusted operating profit, or EBIT, for the second quarter grew 1.8 percent to 926 million euros. Adjusted earnings per preferred share grew by 1.9 percent to 1.58 euros from 1.55 euros, impacted by currency...

Swiss telecommunication services firm Swisscom AG (SWZCF.PK, SCMWY.PK) Thursday reported that its net income for the half year slid 6.2 percent to 787 million Swiss francs. Earnings per share declined 6.0 percent to 15.25 francs from 16.22 francs last year. Due to one-off items, the Group's operating...

Financial services company Aegon NV (AGN.L, AEG) said Thursday that it has agreed to sell its businesses in Czech Republic and Slovakia to NN Group for 155 million euros, in line with its strategic objective to optimize its portfolio and capital allocation across its businesses. The sale, which is...

Japan is investigating allegations that pressure from Apple forced Yahoo Japan to pull back from a game platform that competes with the App Store, Nikkei Asian review reported . The report said the Fair Trade Commission and the industry ministry began receiving reports from Yahoo last fall about issues...

Shares of Cisco Systems Inc. (CSCO) gained 6 percent in extended session on Wednesday after the company reported a profit and revenues for the fourth quarter that trumped Wall Street estimates. The Silicon Valley giant also provided a strong first-quarter outlook. The San Jose, California-based networking-equipment...

Electronics retailer Best Buy Co. Inc. (BBY), Wednesday said it has agreed to buy GreatCall Inc. for $800 million in cash. GreatCall is a provider of connected health and personal emergency response services to the aging population, with more than 900,000 paying subscribers. It offers easy-to-use...

Shares of Sears Holdings (SHLD) are seeing significant weakness in late-day trading on Wednesday, plunging by 13.4 percent. With the drop, Sears has fallen to a record intraday low.

Air France-KLM Group is reportedly planning to name Air Canada's Chief Operating Officer Benjamin Smith as its new Chief Executive officer. According to Bloomberg, Air France's board will meet later this week and could finalize the decision. Smith will receive a pay package totaling 3.3 million euros...

ArcelorMittal Brazil Wednesday said it is set to resume a $330 million expansion project at ArcelorMittal Vega, flat steel cold rolling, pickling, and galvanizing unit located in Brazilian state of Santa Catarina. The investment will see the construction of a new continuous annealing line and a third...

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