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Advance Auto Parts had its stock price target cut to $118 from $155 at UBS. Only last week, UBS lowered its stock price target to $155.

Dick's Sporting Goods stock price target cut to $37 from $62 at BMO Capital

Neff Corp. (NEFF) announced that it has received notice from H&E Equipment Services, Inc. (HEES) that H&E has determined not to submit a revised proposal to acquire the Company in response to a previously announced acquisition proposal from a strategic bidder to acquire all of the outstanding shares...

Perrigo Company plc (PRGO) announced it has received final approval from the U.S. FDA for its AB rated Abbreviated New Drug Application referencing Mycolog II Cream. Mycolog II Cream is indicated for the treatment of cutaneous candidiasis. The company anticipates launching the product in the fourth quarter of 2017.

RichardTrumka-Trump-081617.jpg The leader of the main US labor union has resigned from the President's American Manufacturing Council after Donald Trump blasted business leaders who left the presidential panel in protest against his handling of white supremacist violence in Charlottesville. AFL-CIO president Richard Trumka was...

BMW Group (BMW.L, BAMXF.PK, BAMXY.PK), Intel and Mobileye announced today that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles to be the first automaker to join them in developing autonomous driving platform. FCA will bring engineering and other technical...

Trian Fund Management L.P., whose investment funds beneficially own about $3.5 billion of shares of The Procter & Gamble Company (PG), is mailed a letter to its fellow shareholders detailing why it believes that adding to the Board Nelson Peltz, an independent director with a material ownership stake...

Baidu, Inc. (BIDU) announced that an investor consortium led by the company, the Buyer Group, had entered into a share purchase agreement with China United Network Communication Limited, or China Unicom. The Buyer Group will invest RMB 7.0 billion in exchange for privately issued shares of China Unicom....

Henry Schein, Inc. (HSIC) announced its Board has approved a 2-for-1 split of the company's common stock. Each Henry Schein stockholder of record at the close of business on September 1, 2017, will receive a dividend of one additional share for every share held, and trading will begin on a split-adjusted...

Amazon is doing great damage to tax paying retailers, U.S. President Donald Trump said in a Twitter post Wednesday. "Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt - many jobs being lost!", Trump said in the tweet. In the Wednesday's...

Tyson Foods (TSN) announced it will invest $84 million in its Union City, Tennessee poultry plant. More than 300 jobs will be created by the project, which is expected to be complete by mid-2019. About 25,000 square feet will be added to the plant facility. The Union City plant makes partially fried...

H&E Equipment Services, Inc. (HEES) announced the company has notified Neff Corp. that it does not intend to submit a revised proposal for the acquisition of Neff. Neff is required to pay a fee of approximately $13.2 million to H&E to terminate the merger agreement. On July 14, 2017, H&E and Neff...

The board of UnitedHealth Group (UNH) announced that David Wichmann, president of UnitedHealth Group, will succeed Stephen Hemsley as CEO and become a director of the company, effective Sept. 1, 2017. On the same date, Hemsley will take the newly created role of executive chairman of the board; current...

Tencent Holdings Limited (TCEHY.PK) reported that its second-quarter profit attributable to equity holders increased to RMB 18.23 billion or RMB 1.914 per share from RMB 10.74 billion or RMB 1.133 per share. Non-GAAP EPS was RMB 1.721 compared to RMB 1.194. First-half revenues increased to RMB 56.61...

Cathay Pacific Airways (CPCAF.OB, CPCAY.PK) reported an attributable loss of HK$2.05 billion for the first six months of 2017 compared to an attributable profit of HK$353 million for the same period in 2016. The loss per share was HK52.1 cents compared to profit per share of HK9.0 cents, previous year....

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