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HeidelbergCement (HDELY.PK) announced, on Tuesday, that its Italian subsidiary Italcementi has entered into an agreement with Cementir Holding to buy Cementir Italia. The acquisition includes all of Cementir Italia's cement and concrete business. The transaction has an enterprise value of 315 million...

Babcock International Group Plc. (BAB.L), in its trading update for the period from 1 April 2017, said that the Group is trading in line with its expectations and the outlook for the year is unchanged. Revenue visibility has continued to improve, with 89% of revenue now in place for 2017/18 and around...

Home improvement retailer Kingfisher Plc (KGF.L) reported Wednesday that its first-half pre-tax profit declined 5.9 percent to 402 million pounds from last year's 427 million pounds. Post-tax profit fell 8.1 percent from the prior year to 295 million pounds. Earnings per share dropped 5.7 percent to...

Japanese conglomerate Toshiba Corp.(TOSYY.PK, TOSBF.PK) has agreed to sell its flash memory chip unit to a group led by Bain Capital, according to reports citing people familiar with the matter. The Bain consortium includes backing from Apple Inc. and Dell Inc.. The iPhone maker played a crucial role...

Wal-Mart Stores Inc (WMT) announced Wednesday that it is offering the extra hours available this time of year to current associates rather than hiring thousands of seasonal workers. Judith McKenna, Chief Operating Officer, Walmart U.S., said, "These extra hours will help staff traditional roles like...

Steel Dynamics, Inc. (STLD), a steel producing and a metal recycling company, late Tuesday said it expects third-quarter earnings in the range of $0.61 to $0.65 per share. The outlook includes estimated charges of $8 million before taxes, or approximately $0.02 per share, related to the company's third...

German industrial conglomerate thyssenKrupp AG (TYEKF.PK) announced Wednesday that it has signed a memorandum of understanding or MoU with Tata Steel Ltd. about the combination of their European steel activities in a 50/50 joint venture. Both partners expect that in the joint venture up to 2,000 jobs...

After trending higher in recent sessions, shares of Tesla (TSLA) have given back ground during trading on Tuesday.

Shares of AutoZone (AZO) have turned lower over the course of the trading session on Tuesday after an early move to the upside.

After rising sharply early in the session, shares of Michael Kors (KORS) have pulled back off their best levels of the day but remain in positive territory.

Toys"R"Us Inc. said that the Company and certain of its U.S. subsidiaries and its Canadian subsidiary have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern District of Virginia in Richmond, VA. In addition, the Company's Canadian subsidiary...

Amazon.com Inc. (AMZN) announced the all-new Fire HD 10, the next-generation of its tablet, now with a 10.1" widescreen 1080p Full HD display with over 2 million pixels. The new Fire HD 10 is 30% faster with 2x the RAM and an ultra-fast quad-core processor, plus 32GB internal storage and up to 10 hours...

Best Buy Co., Inc. (BBY) provided a more detailed overview of its Best Buy 2020, and Long-Term Financial Targets for Fiscal 2021. Looking ahead, the company believes it is operating in an opportunity-rich environment, driven by innovation and customers' need for help. Best Buy 2020 is designed...

Rite Aid Corp. (RAD) said it has secured regulatory clearance for an amended and restated asset purchase agreement with Walgreens Boots Alliance, Inc. (WBA), whereby WBA will purchase 1,932 stores, three distribution centers and related inventory from Rite Aid for an all-cash purchase price of $4.375...

Progress Software (PRGS) said that Praesidium Investment Management's mischaracterization of its engagement with the Company and Board of Directors is disappointing. Moreover, Praesidium fails to acknowledge the successful execution of the strategy the company announced earlier this year, which followed...

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