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German healthcare company Fresenius SE (FSNUF.PK, FSNPF.PK) reported Wednesday that its fourth-quarter group net income increased 6 percent to 439 million euros from 414 million euros last year. Earnings per share grew 7 percent to 0.81 euro from 0.75 euro last year. EBIT was 1.24 billion euros, 11...

Fresenius Medical Care AG & Co. KGAA (FMS) said its fiscal 2016 net income attributable to shareholders of the company rose 21 percent to $1.24 billion from $1.03 billion in the prior year. Basic earnings per share rose to $4.07 from $3.38 last year. Excluding special items, net income for the year...

German industrial conglomerate ThyssenKrupp AG (TYEKF.PK) Wednesday announced that it has reached agreement with Ternium, a Latin American steel producer, on the sale of the CSA Siderúrgica do Atlântico or CSA steel plant in Brazil. The purchase price is 1.5 billion euros enterprise value. The sale...

Bunge Limited (BG), a global agribusiness and food company, announced Wednesday that its unit Koninklijke Bunge B.V. has signed definitive agreements with Bahri Dry Bulk Co. or BDB, a unit of Saudi Arabia-based Bahri Group. The companies will form a joint venture to establish an ocean freight supplier...

Quinpario Acquisition Corp. 2 (QPAC, QPACW, QPACU), a special purpose acquisition company, announced Wednesday that it has agreed to combine SourceHOV, LLC and Novitex Holdings, Inc. to form Exela Technologies in a deal valued at $2.8 billion. Novitex, a provider of technology-driven managed services,...

Facebook Inc. (FB) is in talks to stream Major League Baseball games, according to reports citing people familiar with the matter. The deal would involve one game a week in the coming season, said the person, who asked not to be identified because the discussions are private. An agreement with Facebook...

Wells Fargo & Co. (WFC) said Tuesday that it terminated four current or former senior managers in its community banking business following an ongoing investigation into the banking giant's sales practice scandal. The terminated managers are Claudia Russ Anderson, the former chief risk officer for...

Hedge fund Starboard Value LP has taken a 6.6% stake in Tribune Media Co. Starboard on Tuesday said it believed the company's stock was undervalued but noting it didn't have any immediate plans to push for change.

Billionaire investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co. (BMY). Icahn owns a large stake and believes the New York drug giant has a good pipeline that would help make it an attractive takeover target, the reports said citing people familiar with the matter. It isn't clear how...

Coca-Cola Amatil (CCL.AX) reported that its profit attributable to shareholders for the year ended 31 December declined to A$246.1 million or A$0.32 per share from A$393.4 million or A$0.52 per share in the prior year. Trading revenue for the year rose to A$5.15 billion from A$5.09 billion last year....

FirstEnergy Corp. (FE) announced the company is raising its earnings guidance range for 2017. The revised GAAP earnings estimate is $2.47 to $2.77 per share, while operating (non-GAAP) guidance is $2.70 to $3.00 per share. The company said the change reflects the impact of lower depreciation resulting...

Weingarten Realty (WRI) announced, the company's guidance for 2017 is: NAREIT FFO (per share) of $2.36 - $2.42; and core FFO (per share) of $2.37 - $2.43. Same Property NOI with redevelopments are projected to be between 2.50% - 3.50%; and Same Property NOI w/o redevelopments is projected to be 2.00%...

Eversource Energy (ES) projected 2017 earnings of between $3.05 per share and $3.20 per share and long-term earnings per share growth through 2020 of between 5 percent and 7 percent, using 2016 earnings of $2.96 per share as the base. In the fourth quarter of 2016, Eversource Energy earned $229.2...

Terex Corp. (TEX) announced, the company expects 2017 earnings per share of between $0.60 and $0.80, excluding restructuring, impact from ownership interest in Konecranes, and other unusual items, on net sales of approximately $3.9 billion. John Garrison, Terex CEO, said: "Looking ahead to 2017, we...

Edison International (EIX) announced basic and core earnings guidance of $4.04 to $4.24 per share for 2017. Analysts polled by Thomson Reuters expect the company to report profit per share of $4.11. Analysts' estimates typically exclude special items. As adjusted, fourth quarter core earnings were...

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