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Merck (MKGAY.PK) announced the company expects strong growth impetus starting next year. The company also confirmed its expectations for full-year business performance in 2018 as communicated on August 9 as well as the expectation that it will return to sustainable growth in 2019 with respect to net...

Novartis (NVS) said that it will present five-year data from the ongoing extensions of the phase III FUTURE 1 and MEASURE 1 studies for Cosentyx or secukinumab in patients with psoriatic arthritis or PsA and ankylosing spondylitis or AS respectively. These new data will be presented at the 2018 American...

Regeneron Pharmaceuticals Inc. (REGN) and Sanofi said that both pivotal Phase 3 placebo-controlled trials evaluating Dupixent or dupilumab in adults with inadequately-controlled chronic rhinosinusitis with nasal polyps or "CRSwNP", met all their primary and secondary endpoints. Regeneron noted that...

Salesforce (CRM) announced Salesforce Tower Atlanta, expanding the company's regional headquarters in Atlanta. Salesforce said that its employees will start moving into the newly renovated floors beginning in 2019. As part of the expansion, Salesforce plans to add 600 new jobs locally, over the next...

Amgen (AMGN) announced that AMGEVITATM, a biosimilar to adalimumab, will launch in markets across Europe beginning on Oct. 16, 2018. AMGEVITA specified that it is the first adalimumab biosimilar to be approved by the European Commission (EC). AMGEVITA is authorized for treatment of inflammatory...

Palo Alto Networks (PANW) Monday said it has appointed former Google executive Amit Singh as president, effective November 1, 2018. Singh succeeds Mark Anderson, who will move into an advisory role until May 1, 2019, to facilitate a smooth transition of responsibilities. Singh will report to Nikesh...

Twilio (TWLO) Monday said it has agreed to buy SendGrid in an all-stock transaction valued at about $2 billion. SendGrid's shares jumped 14 percent following the news. Under the terms of the deal, a subsidiary of Twilio will be merged with and into SendGrid, with SendGrid surviving as a wholly-owned...

Shares of Jeld-Wen Holding Inc. (JELD) dropped 11% in the extended session Monday after the door and window maker announced the appointment of a new chief financial officer and also cut its outlook. Jeld-Wen announced that John Linker has been promoted to CFO effective November 8, 2018, replacing...

United States Steel Corp. (X) Monday said it reached a "tentative agreement" with the United Steelworkers, likely ending a possible strike of about 14,000 USW-represented employees at the company's domestic flat-rolled and iron ore mining facilities as well as tubular operations. "We are pleased to...

Cott Corp. (COT) Monday said its subsidiary DS Services acquired The Mountain Valley Spring Company for $78.5 million in cash from Great Range Capital. Mountain Valley is an American brand of spring and sparkling water. It has been bottling in glass continuously since 1871, with one production facility...

Adobe Inc. (ADBE) Monday reaffirmed its fourth-quarter revenue and earnings outlook. The software maker's shares gained 5 percent in after-hours trading after it provided an upbeat revenue growth targets for fiscal year 2019. "Our strategy of empowering people to create and transforming how businesses...

After moving sharply higher early in the session, shares of Harris Corp. (HRS) and L3 Technologies, Inc. (LLL) continue to see considerable strength in late-day trading on Monday.

Shares of Bank of America (BAC) have moved notably lower over the course of the trading session on Monday, slumping by 1.5 percent.

After gapping open notably higher, shares of Ralph Lauren Corp. (RL) have pulled back off their initial highs but remain firmly in positive territory in afternoon trading on Monday.

Shares of Sears Holdings Corp. (SHLD) are seeing substantial weakness in afternoon trading on Monday, with the department store chain plunging by 18.9 percent to a record intraday low.

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