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Huntsman Corp. (HUN) announced its subsidiary, Venator Materials PLC, launched its initial public offering of its ordinary shares, which will be listed on the NYSE in August under the ticker symbol, VNTR. The initial public offering consists of 22.7 million of its ordinary shares at an anticipated initial...

Stanley Black & Decker, Inc. (SWK) on Monday lifted its forecast for fiscal 2017 after reporting higher earnings and sales in its second quarter, above market estimates. For the second quarter, net earnings increased to $277.2 million from $271.5 million last year. Earnings per share were $1.82, compared...

Motorola Solutions, Inc. (MSI) announced it has filed new patent infringement complaints in Germany against Hytera Communications Corporation Limited of Shenzhen, China and Hytera Mobilfunk GmbH of Bad Münder, Germany. With the additional patent infringement actions in Germany, Motorola Solutions now...

GlaxoSmithKline plc (GSK, GSK.L) Monday announced the 96-week data from the LATTE-2 study by ViiV Healthcare, the global specialist HIV company majority owned by GSK, with Pfizer Inc. and Shionogi Limited as shareholders. The company said the Phase II study results showed comparable viral suppression...

Mining company Anglo American plc (AAUKY.PK, AAL.L) Monday said that the company will report underlying earnings in respect of Anglo American Platinum Limited of $37 million for the six months ended June 30. This is compared to last year's $68 million. Anglo American Platinum's first-half headline...

HICL Infrastructure Company Ltd (HICL.L) said that portfolio continues to perform in line with expectations with no material issues affecting investment performance. The company re-affirmed dividend guidance of a target 7.85 pence for the financial year to 31 March 2018 and a target 8.05 pence for...

French building materials company Saint-Gobain (CODGF.PK) Monday said it has signed a share purchase agreement to buy Kirson, a major actor on the European laid scrim market. The company didn't reveal the financial details of the deal. This project is subject to the approval of the German antitrust...

Reckitt Benckiser Group PLC (RBGPF.PK, RB.L) reported profit before income tax of 1.02 billion pounds for the six months ended 30 June 2017 compared to 697 million pounds, previous year. Net income attributable to owners of the parent from continuing operations increased to 777 million pounds from 484...

NeuroDerm Ltd. (NDRM), a clinical stage pharmaceutical company developing central nervous system product candidates, announced Monday that it has signed a definitive agreement to be acquired by Japan's Mitsubishi Tanabe Pharma Corp. for $39 per share in cash. The deal implies an equity value of approximately...

German drug discovery solutions company Evotec AG (EVTCY.PK, EVOTF.PK) said that its multi-target endometriosis alliance with Bayer has advanced a programme from the alliance portfolio into Phase I clinical development for the treatment of endometriosis, triggering a milestone payment to Evotec. Evotec...

Irish no-frills airline Ryanair Holdings Plc (RYA.L, RYAAY) reported Monday that its first-quarter profit after tax climbed 55 percent to 397 million euros from last year's 256 million euros. Earnings per share grew 63 percent to 32.66 euro cents from 20.01 euro cents a year ago. The company attributed...

Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported Monday that its second-quarter net income plunged to 289 million euros from last year's 431 million euros. Earnings per share fell to 0.27 euro from 0.46 euro a year ago. Net income from continuing operations amounted...

The U.S. Department of Transportation or DOT said it has fined three airlines - Frontier Airlines Inc. (FRNT), American Airlines Group Inc. (AAL) and Delta Air Lines Inc. (DAL) - hundreds of thousands of dollars for violating airline consumer protections rules. The DOT levied the biggest fine of...

General Motors Co. (GM) is reviewing whether to cancel at least six passenger cars in the U.S. market after 2020, including the Chevrolet Volt hybrid, Reuters reported, citing people familiar with the plans. The move comes amid falling sales of cars in the U.S. as well as rising demand for SUVs and pickups. According...

Gold producer Randgold Resources Ltd. (RRS.L, GOLD) said its Tongon gold mine in Cote d'Ivoire continues to ramp up production as it tracks its 2017 target of 285,000 ounces. Chief Executive Mark Bristow said that with Tongon now operating to plan, the company's focus had shifted to finding additional...

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