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Mining company Anglo American plc (AAUKY.PK, AAL.L) reported fiscal 2016 pre-tax profit of $2.62 billion, compared to pre-tax loss of $5.45 billion in the prior year. Profit attributable to shareholders for the year was $1.59 billion or $1.24 per share, compared to loss of $5.62 billion or $0.32 per...

Infrastructure group Balfour Beatty PLC (BBY.L) announced Tuesday that it has reached an agreement with its joint venture partner to sell the Group's entire share in Dutco Balfour Beatty and BK Gulf, subject to regulatory approval, for a total cash consideration of 11 million pounds. As part of the...

Plumbing and heating products maker Wolseley plc (WOSCF.PK, WOS.L, WOSYY.PK) Tuesday Said it has signed an agreement to merge Tobler, its Swiss plumbing and heating business, with Walter Meier AG, a Swiss heating and HVAC distributor. Wolseley expects to receive cash consideration of 117.8 million...

MorphoSys AG (MPSYY.PK) said that its fully owned subsidiary Lanthio Pharma B.V., Groningen, Netherlands, has initiated a phase 1 clinical study with MOR107. MOR107, a selective agonist of the angiotensin II receptor type 2, is a lanthipeptide based on Lanthio Pharma's proprietary technology platform...

Groupe SEB (0MGS.L, SEBYF.OB), a Nordic financial services group, reported Tuesday that its fiscal 2016 profit attributable to owners of the parent climbed 25.6 percent to 259 million euros from 206 million euros last year. Earnings per share grew 24.4 percent to 4.14 euros from 5.15 euros last year. Sales...

Anglo-Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) reported Tuesday that its first-half attributable profit was $3.20 billion or 60.2 US cents per share, compared to prior year's loss of $5.67 billion or 106.5 cents per share. Underlying attributable profit was $3.24 billion...

Sohu.com Inc. (SOHU), a Chinese online media, search, gaming, community and mobile service group, on Tuesday said it expects first-quarter GAAP net loss attributable to the company between $64 million and $74 million, and GAAP loss per share between $1.65 and $1.90. The company expects non-GAAP net...

Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L) reported late Monday that its fiscal 2016 profit attributable to ordinary shareholders of the parent company plunged to $1.30 billion from last year's $12.57 billion. Earnings per ordinary share declined to $0.07 from $0.64 a year ago. Profit before...

HSBC Holdings Plc (HSBC, HSBA.L) reported late Monday that Hang Seng Bank Limited's fiscal 2016 attributable profit declined 41% to HK$16.21 billion from last year's HK$27.49 billion. Earnings per share went down 42% to HK$8.30. Excluding the gain on partial disposal of Industrial Bank in 2015, attributable...

Lumos Networks Corp. (LMOS) announced it has entered into a definitive agreement to be acquired by the EQT Infrastructure investment strategy for $18.00 per share, resulting in an enterprise value of approximately $950 million. Lumos said the agreement was approved by all members of the board voting...

Forum Energy Technologies, Inc. (FET) announced Monday that its Board of Directors appointed Prady Iyyanki as President and Chief Executive Officer, effective May 16. Iyyanki currently serves as President and Chief Operating Officer. Christopher Gaut, the current Chief Executive Officer, will become...

French resource management firm Veolia Environnement (VE) reported Monday that it has won a 156 million euros contract from the Sri Lankan National Water Supply and Drainage Board. Through its subsidiaries OTV and SADE, Veolia will help provide access to water on a large scale in the Greater Matale...

Steinhoff International Holdings N.V. announced that Steinhoff and Shoprite have decided to terminate their negotiations related to the potential sale of Steinhoff's Africa retail assets to Shoprite as the PIC, Titan and Steinhoff could not reach agreement on the exchange ratio that would apply to...

Consulting firm Accenture (ACN) Monday announced that it has agreed to purchase a 62% majority of SinnerSchrader AG, a digital agency in Germany, from co-founder and CEO Matthias Schrader, CFO Thomas Dyckhoff, and other shareholders at 9 euros per share. Accenture also announced its intention to launch...

AstraZeneca (AZN.L, AZN) announced that it has entered into an agreement with TerSera Therapeutics LLC for the commercial rights to Zoladex in the US and Canada. TerSera will pay AstraZeneca $250 million upon completion. AstraZeneca will also receive sales-related income through milestones totalling...

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