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Hibbett Sports, Inc. (HIBB), a sporting goods retailer, reported first-quarter net income of $27.4 million, compared to $28.4 million, last year. Earnings per share was $1.09, flat with prior year. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of...

Pharmacyclics, Inc. (PCYC) said the Committee for Medicinal Products for Human Use of the European Medicines Agency issued a positive opinion recommending a change to the terms of the marketing authorization for IMBRUVICA (ibrutinib) in the European Union to indicate the treatment of adult patients with...

Chinese Internet and online game services NetEase, Inc. (NTES) Friday said its wholly-owned subsidiary Lede Technology Co., Ltd. has signed a joint venture agreement with HNA Group to form new Internet travel company. Lede Technology will provide technical and marketing support for the joint venture,...

AbbVie (ABBV) Friday said the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for AbbVie's purchase of Pharmacyclics, Inc. has expired today. The expiration satisfies the exchange offer condition with respect to the approvals and clearances required under antitrust laws....

Frisch's Restaurants, Inc. (FRS) and NRD Partners I, L.P., a private equity fund, announced an agreement pursuant to which an affiliate of NRD Partners I, L.P. will acquire all of the outstanding shares of Frisch's Restaurants for $34.00 per share in cash, or approximately $175 million. Frisch's...

Gold prices were slightly higher Friday morning ahead of crucial inflation data from the US. A tame inflation report could cement expectations that the Federal Reserve will keep interest rates at zero all summer. Gold for June was up 7 dollars at $1212 an ounce, having topped out near $1230 earlier...

Mentor Graphics Corp. (MENT) reported first-quarter net loss of $9.89 million or $0.08 per share, wider than net loss of $2.55 million or $0.02 per share last year. Adjusted earnings for the quarter were $0.28 per share, compared to $0.11 per share in the same period last year. Revenues for the...

ANN INC. (ANN) reported first-quarter net income of $13.6 million, or $0.29 per share, compared to $5.2 million, or $0.11 per share, last year. Excluding the $3.7 million, or $0.08 per share, after-tax effect of the first quarter 2015 restructuring charge, net income would have been $17.3 million, or...

Crude oil futures held above $60 a barrel Friday morning amid tensions in the Middle East and speculation that Federal Reserve will delay raising interest rates. On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at $60.59 a barrel, down $0.20 in the Globex...

Merck & Co. Inc. (MRK), known as MSD outside the United States and Canada, Friday announced a positive opinion from the Committee for Medicinal Products for Human Use or CHMP for its advanced skin cancer therapy Keytruda or pembrolizumab in patients with unresectable or metastatic melanoma. The opinion...

Amgen, Inc. (AMGN) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency has adopted a positive opinion for the marketing authorization of Repatha, or evolocumab, recommending approval for use in certain patients with high cholesterol. Repatha is an...

Campbell Soup Company (CPB) reported third-quarter net income of $182 million or $0.58 per share, compared to $183 million or $0.58 per share, prior year. In the third quarter of fiscal 2015, the company incurred charges associated with its recently-announced initiatives to implement a new enterprise...

Berkshire Hills Bancorp, Inc. (BHLB) Friday said it signed a definitive agreement for the acquisition of privately held Needham, Massachusetts based Firestone Financial Corp. for around $53 million. The commercial specialty finance company will be added to Berkshire as an operating subsidiary. The...

Global packaging and paper Group Mondi Plc (MNDI.L)and Mondi Ltd, Friday announced that the groupd signed an agreement with Walki Oy to acquire two extrusion coatings plants located in Pietarsaari, Finland and Wroclaw,Poland for 60 million euros in cash. The transaction is subject to completion...

Deere & Company (DE) reported second-quarter net income attributable to company of $690.5 million, or $2.03 per share, compared to $980.7 million, or $2.65 per share, for the same period last year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of...

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