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Ford Motor Company (F) announced Raj Nair is named executive vice president and president, North America, succeeding Joe Hinrichs. Nair previously served as executive vice president, Product Development, and chief technical officer, leading the company's global Product Development operations. Dave...

AMSC (AMSC) announced the company's net loss for the first quarter of fiscal 2017 is expected to be less than $18.0 million, or $1.05 per share. Non-GAAP net loss is expected to be less than $17.5 million, or $1.02 per share. For the first quarter, AMSC currently expects revenues will be in the range...

Merck (MRK) announced it has entered into an exclusive worldwide license agreement with Teijin Pharma for the development, manufacture and commercialization of an investigational preclinical antibody candidate targeting the protein tau. Changes in tauare associated with a number of diseases affecting...

Dollar Tree Inc. (DLTR), North America's leading operator of discount variety stores, said that it now anticipates net income per share for full-year fiscal 2017 will range between $4.17 and $4.43, including the first quarter's receivable impairment charge of $0.13 per share. Excluding the impairment...

Medtronic plc (MDT) announced, in fiscal 2018, the company expects non-GAAP EPS growth to be in the range of 9 to 10 percent on a constant currency basis. The company expects constant currency revenue growth to be in the range of 4 to 5 percent. Medtronic plc noted that its fiscal 2018 outlook does...

Patterson Companies, Inc. (PDCO) announced the company established fiscal 2018 earnings guidance from continuing operations, on both a GAAP and non-GAAP adjusted basis. GAAP earnings are expected to be in the range of $1.90 to $2.05 per diluted share. Non-GAAP adjusted earnings are expected to be in...

Brady Corp. (BRC) announced the company is tightening its earnings per Class A Common Share guidance to a range of $1.80 to $1.85 from a range of $1.75 to $1.85 for the full year ending July 31, 2017. Included in the guidance are organic sales ranging from a low single-digit decline to slightly positive...

Genesco Inc. (GCO) announced the company now expects fiscal 2018 adjusted earnings per share in the range of $3.90 to $4.05, compared to previously issued guidance range of $4.40 to $4.55. The guidance assumes comparable sales are flat to up to 1% for the full year. Robert Dennis, CEO of Genesco,...

Red Hat, Inc. (RHT) announced it has signed a definitive agreement to acquire Codenvy, a provider of cloud-native development tools that enable developers to more easily create modern container-based and cloud-native applications. Red Hat plans to make Codenvy an integral part of OpenShift.io, Red Hat's...

Alliance Data Systems Corp. (ADS), a provider of data-driven marketing and loyalty solutions, announced Thursday that it will acquire prime-only credit quality accounts with a value of approximately $1 billion in receivables from Signet Jewelers (SIG), the largest specialty jewelry retailer in the U.S. Alliance...

International Game Technology PLC (IGT) announced the company currently expects full year 2017 adjusted EBITDA of $1.60-$1.68 billion, compared to its previous outlook of $1.68-$1.76 billion. The company updated its outlook to account for the closing of the DoubleDown transaction by the end of the second...

Hormel Foods Corporation (HRL) announced the company is maintaining its fiscal 2017 guidance range of $1.65 to $1.71 per share but expects the results at Jennie-O Turkey Store to push full-year earnings toward the lower end of the guidance range. Jim Snee, CEO, said: "We expect the pressure on Jennie-O...

Vulcan Materials Company (VMC) announced it has reached a definitive agreement with SPO Partners to acquire its aggregates business, Aggregates USA LLC for $900 million in cash. Vulcan expects the transaction to be accretive to the company's earnings per share in the first year following the close. Aggregates...

Royal Bank of Canada (RY.TO, RY) reported second-quarter net income of C$2.81 billion, up 9% from a year ago. Earnings per share was C$1.85 compared to C$1.66. The company said its results for the quarter reflect strong earnings in Capital Markets, Investor & Treasury Services, and Wealth Management,...

Canadian Imperial Bank of Commerce (CM.TO, CM) reported second-quarter adjusted EPS of C$2.64, compared to C$2.40, a year ago. Second-quarter reported net income was C$1.05 billion, compared with C$941 million, prior year. Reported earnings per share was C$2.59, compared with C$2.35. Victor Dodig,...

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