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Minerva Neurosciences, Inc. (NERV) reported positive top line results from a Phase IIa clinical trial in major depressive disorder with MIN-117, an antidepressant drug candidate. The company said the results demonstrated dose-dependent superiority of MIN-117 over placebo. In the study, MIN-117 demonstrated...

abercrombie-052616.jpg Abercrombie & Fitch Co. (ANF) reported a GAAP net loss attributable to company of $39.6 million for the first quarter ended April 30, 2016 compared to a loss of $63.2 million, last year. Excluding certain items last year, net loss attributable to Abercrombie & Fitch Co. increased $2.4 million. Net...

Chico's FAS Inc. (CHS) announced new initiatives to improve its supply chain, enhance its marketing efforts and leverage non-merchandise procurement. The new initiatives are expected to reduce complexity and standardize processes across the organization, thereby improving the Company's ability to respond...

Gannett Co., Inc. (GCI) said it has urged Tribune Publishing Co.'s (TPUB) stockholders to "withhold" their votes in connection with the election of directors at the Tribune 2016 annual meeting of stockholders to be held on June 2, 2016. Gannett said it is encouraging Tribune stockholders to deliver...

Dollar Tree Inc. (DLTR) said it estimates net sales for the second quarter of 2016 to range from $5.03 billion to $5.12 billion, based on a low single-digit increase in same-store sales and year-over-year selling square footage growth of 2.4%. Earnings per share are expected to range from $0.66 to $0.72....

dollargeneral-052616.jpg Dollar General Corp. (DG) reported first-quarter net income of $295 million, or $1.03 per share compared to $253 million, or $0.84 per share, a year ago. On average, 25 analysts polled by Thomson Reuters expected the company to report profit per share of $0.95 for the quarter. Analysts' estimates typically...

Flexion Therapeutics Inc. (FLXN) said that it received written responses from the U.S. Food & Drug Administration to questions the company had submitted in advance of a pre-NDA meeting regarding Flexion's lead product candidate, Zilretta (also known as FX006). The FDA clearly indicated in its responses...

Movado Group, Inc. (MOV) said that it cut its outlook for fiscal 2017. In fiscal 2017, the Company anticipates that net sales will be in a range of $565.0 million to $580.0 million and operating income will be approximately $55.0 million to $60.0 million. The Company anticipates net income in fiscal...

Genesco Inc. (GCO) said that it reiterated its full year outlook taking into account some external headwinds pressuring sales and expenses. It still expects adjusted earnings per share for the fiscal year ending January 28, 2017, in the range of $4.80 to $4.90, which represents a 12% to 14% increase...

Sears Holdings Corp. (SHLD) said that its Chief Financial Officer, Robert Schriesheim, will be departing from his position with the Company to focus on his other business interests and pursue other career opportunities. Schriesheim has agreed to continue in his current role until the company has identified...

Advanced Semiconductor Engineering, Inc. (ASX) and Siliconware Precision Industries Co., Ltd. (SPIL) announced their boards have separately passed resolutions for the execution by ASE and SPIL of the "Joint Share Exchange Memorandum of Understanding" to promote plans for the establishment of a holding...

French insurer AXA Group (AXAHY.PK) decides to divest its tobacco industry assets, as it says no to tobacco, making a mark as the first global insurer to divest from this industry. AXA, in a statement on Thursday, said it will sell all its equity holdings in tobacco immediately, representing just...

Google said that it is establishing a self-driving technology development center in Novi, Michigan. "Many of our current partners are based here, so having a local facility will help us collaborate more easily and access Michigan's top talent in vehicle development and engineering. At this 53,000...

Alphabet Inc.'s (GOOGL, GOOG) executive chairman Eric Schmidt believes that dramatic advances in the health and technology will change the world in the near future, Bloomberg reported. Schmidt expects technology will improve gene sequencing and make health care more efficient and personalized as the...

Tribune Publishing Co. (TPUB) said that Egan-Jones, an independent proxy advisory firm, has recommended Tribune shareholders vote "For" all of the Company's directors and reject Gannett's withhold campaign. The Egan-Jones report follows similar recommendations from leading independent proxy voting...

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