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Activision Blizzard Inc. (ATVI) Monday said the Fair Trade Commission of the Republic of Korea on February 5 issued clearance for the proposed acquisition of King Digital Entertainment plc.

United Airlines (UAL) reported that its January consolidated traffic increased 0.1 percent and capacity decreased 0.1 percent, from last year. January consolidated load factor increased 0.2 points compared to January 2015. United Airlines said it continues to expect first-quarter consolidated passenger...

Delta Apparel, Inc. (DLA) reported first-quarter net income of $681 thousand, or $0.09 per share, compared to a net loss of $4.2 million, or $0.53 per share, prior year. The company said its operating profit increased $5.4 million, from a $3.2 million loss in the prior year period. Net sales were...

Gap Inc. (GPS) announced it has narrowed full-year adjusted earnings per share guidance range for fiscal 2015 to $2.41 to $2.42, excluding the one-time negative impact from the strategic actions of about $0.20 per share. Analysts polled by Thomson Reuters expect the company to report profit per share...

German automaker Volkswagen AG (VKW.L, VLKAF.PK, VOW.BE) said Monday it has appointed Hans-Joachim Rothenpieler as head of quality assurance, succeeding Frank Tuch. Volkswagen added that Tuch is leaving the company at his own request. Rothenpieler's appointment, effective February 15, 2016, is part...

Halcón Resources Co. (HK), in an update on its balance sheet initiatives, said that it has no formal plan or strategy in place at this time but continues to review options with respect to further restructuring its balance sheet. The Company does not intend to comment on inaccurate media reports related...

Cigna (CI) announced it has entered into an outcomes-based contract with Novartis for Entresto, which was approved by the U.S. FDA for the treatment of heart failure with reduced ejection fraction. The agreement is effective for Cigna's commercial business. Cigna noted that the pay-for-performance...

Pfizer Inc. (PFE) announced the executive leadership team for the combined Pfizer and Allergan plc (AGN) business following the close of the proposed transaction. "We are designing the combined company to preserve and enhance our option to potentially separate the innovative and established businesses...

Archer Daniels Midland Co. (ADM) said that it has agreed to acquire from Tate & Lyle (TATE.L) a Casablanca, Morocco-based corn wet mill that produces glucose and native starch. The acquisition is subject to regulatory approval. ADM targets closing during the first half of 2016.

While reporting its fourth-quarter financial results today, automobile insurer Mercury General Corp. (MCY) said its board of directors declared a quarterly dividend of $0.62 per share. The dividend will be paid on March 31, 2016 to shareholders of record on March 17, 2016.

Lennox International Inc. (LII) reiterated its 2016 guidance for revenue growth of 4-8% at constant currency; the company now expects a negative 1 point impact from foreign exchange for revenue growth of 3-7% at actual currency. The company also reiterated adjusted and GAAP EPS from continuing operations...

Volkswagen AG's (VKW.L, VLKAF.PK, VOW.BE) heavy-truck division is exploring options for growth that could include acquisitions and an initial public offering, Bloomberg reported. Trucks chief Andreas Renschler reportedly said that the U.S., the only major market where the unit has no significant presence,...

Brixmor Property Group Inc. (BRX) said it has named Daniel Hurwitz, former CEO of DDR Corp. and the founder and CEO of Raider Hill Advisors, LLC, as interim chief executive officer with immediate effect. Hurwitz will also be appointed to serve on the company's board of directors. Further, Brixmor...

Tahoe Resources Inc. (TAHO, THO.TO) and Lake Shore Gold Corp. (LSG.TO) announced that they have entered into a definitive agreement whereby Tahoe will acquire all of the issued and outstanding shares of Lake Shore Gold. The implied equity value of the deal is equal to C$945 million. Under the terms...

Cytori Therapeutics, Inc. (CYTX) announced top-line data as part of the pre-specified partial unblinding of 24 week follow-up data from the company's ACT-OA trial. The company noted that the data suggested beneficial effect of ECCO-50 for knee osteoarthritis. The trial is a U.S. phase II randomized,...

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