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Shire plc (SHPG, SHP.L) reported that its net income for the first-quarter rose to $550.6 million from $375.0 million last year. Earnings per American Depository Share increased 47% to $1.81 from $1.23 in the prior year. The increase was primarily driven by operating income, combined with lower expense...

SJW Group (SJW) confirmed that it rejected an unsolicited, non-binding indication of interest it received from California Water Service Group (CWT) regarding a potential proposal to acquire all issued and outstanding shares of SJW Group for $68.25 per share in cash. The SJW Group Board of Directors...

New York Times Company (NYT) said that it has appointed Roland Caputo as chief financial officer, effective on Monday, April 30, 2018. Mr. Caputo, a 32-year veteran of the company, has been executive vice president of The Times's Print Products and Services Group since March, 2013. In addition, he...

Subway Restaurants plans to close 500 stores in the U.S., even as it expands internationally, Bloomberg reported. The sandwich chain is continuing to close restaurants in the U.S., hurt by fierce competition from McDonald's Corp. and other fast-casual chains like Panera Bread and Chipotle Mexican...

While reporting its first-quarter financial results today, Cullen/Frost Bankers, Inc. (CFR) said that its board of directors declared a second-quarter cash dividend of $0.67 per common share, representing a 17.5 percent increase over the previous year's dividend. The second-quarter dividend is payable...

Brunswick Corp. (BC) on Thursday raised that lower end of its adjusted earnings guidance range for the full-year 2018 to $4.50 to $4.65 per share from the prior forecast range of $4.45 to $4.65 per share. The guidance takes into account benefits from a lower federal tax rate, continued successful...

California Water Service Group (CWT) confirmed that it proposes to acquire SJW Group (SJW) for $68.25 per share in an all-cash transaction valued at about $1.9 billion including assumption of debt. California Water's proposal, which exceeds SJW's all-time high closing share price, represented a 30%...

Emcor Group, Inc. (EME) on Thursday reported an increase in profit for the first quarter from last year on higher revenues and a low income tax provision. Both revenue and earnings per share beat analysts' expectations, In addition, the company affirmed its financial outlook for fiscal 2018. Net...

Deluxe Corp. (DLX) announced, for fiscal 2018, the company now expects: adjusted EPS in a range of $5.60 to $5.80, compared to prior guidance range of $5.55 to $5.80. Revenue is now projected to be in a range of $2.065 to $2.085 billion, revised from prior guidance range of $2.065 to $2.105 billion....

Royal Caribbean Cruises Ltd. (RCL) announced its full year adjusted earnings guidance is increased by $0.15 to a range of $8.70 to $8.90 per share. Net Yields are expected to increase 2.0% to 3.75% in constant-currency and approximately 4.0% as-reported for the full year. For the second-quarter,...

Fiat Chrysler Automobiles N.V. (FCAU) reported that its first-quarter net profit rose 59 percent to 1.02 billion euros from 641 million euros in the same quarter last year. Earnings per share were 0.65 euros up from 0.41 last year. Adjusted net profit for the first-quarter grew 55 percent to 1.04...

While reporting its first-quarter financial results today, Time Warner Inc. (TWX) reaffirmed its 2018 full-year financial outlook. Time Warner continues to expect its 2018 full-year adjusted operating income to increase in the high single-digits, based on current foreign exchange rates. For the...

Meridian Bioscience, Inc. (VIVO) announced the company now expects non-GAAP net earnings for fiscal 2018 to be between $0.69 and $0.72 per share, an increase from the previously published range of $0.65 to $0.68. The company now expects revenues for the fiscal year ending September 30, 2018 of between...

ChinaCache International Holdings Ltd. (CCIH), a solutions provider of Internet content and application delivery services in China, announced Thursday the appointment of Guangsheng Meng as Chief Financial Officer, effective April 20. Meng will lead the financial operations of ChinaCache, including...

Penn National Gaming, Inc. (PENN) announced, for fiscal 2018, the company now expects earnings per share of $1.62, up from prior guidance of $1.53. Net revenue is now projected to be $3.24 billion compared to prior guidance of $3.23 billion. For the first-quarter, Penn National Gaming reported adjusted...

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