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Geely Group, a company owned by Li Shufu and managed by Zheijang Geely Holding Group, announced that it has acquired 9.7 percent stake of Daimler AG (DDAIF.PK) through open market purchases of shares. Zhejiang Geely Holding Group Co. has accumulated a stake worth about 7.3 billion euros $9 billion...

BerkshireHathaway-022318.jpg In his annual letter to Berkshire Hathaway Inc.'s shareholders on Saturday, the company's chief executive officer and billionaire investor, Warren Buffett, announced that the company's profit for the year 2017 surged, boosted by $29.1 billion gain related to tax cuts. Berkshire's gain in net worth during 2017 was $65.3 billion, of which $36 billion coming from company's operations.

After gapping open sharply higher, shares of Blue Buffalo (BUFF) continue to see substantial strength in afternoon trading on Friday.

Shares of FedEx (FDX) have shown a notable move to the upside during trading on Friday, with the delivery giant climbing by 1.9 percent.

After moving modestly lower early in the session, shares of First Solar (FSLR) have seen further downside over the course of the trading day on Friday.

Shares of Wingstop (WING) are seeing considerable weakness in afternoon trading on Friday, slumping by 9.9 percent.

After moving notably higher early in the session, shares of HP Inc (HPQ) have pulled back off their best levels but remain firmly positive in afternoon trading on Friday.

Shares of Planet Fitness (PLNT) are seeing substantial strength in afternoon trading on Friday, jumping by 10.9 percent.

Pfizer Inc. (PFE) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency (EMA) has adopted positive opinions recommending that two of the company's hematology medicines be granted marketing authorizations in the European Union or EU. Mylotarg or gemtuzumab...

GE Transportation said that it signed a $1 billion framework agreement in Ukraine, marking a major milestone in the country's efforts to modernize its transportation infrastructure and strengthen its position as a key European rail hub and trade corridor. The agreement includes the supply of 30 GE...

QVC, Inc. announced that Ted Jastrzebski will be stepping down as CFO, effective May 17, 2018, to pursue a new opportunity outside of the retail industry. The company said it has begun the search for a new CFO. QVC noted that Mark Carleton continues to serve as the CFO of Liberty Interactive Corp....

Pfizer Inc. (PFE) announced that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA has recommended against expanding use of SUTENT or sunitinib to include the adjuvant treatment of adult patients at a high risk of recurrent renal cell carcinoma or RCC...

United States Cellular Corp. (USM) reported that, excluding a benefit of $269 million related to the enactment of new tax legislation, fourth-quarter net income attributable to shareholders excluding adjustments, were $4 million or $0.05 per share compared to loss of $6 million or $0.07 per share, a...

AstraZeneca and Merck (MRK), known as MSD outside the United States and Canada, said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency has adopted a positive opinion, recommending a marketing authorization of LYNPARZA or olaparib tablets (300 mg twice daily)...

While reporting its fourth-quarter financial results today, Public Service Enterprise Group Inc. (PEG) said its board of directors recently increased the common dividend by 4.7 percent to an indicative annual rate of $1.80 per share.

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