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PPG Industries Inc. (PPG) confirmed that on May 16, 2018, the New York Stock Exchange or he "NYSE" notified the Company that it was not in compliance rule, due to a delay in filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, with the Securities and Exchange Commission. The...

Porsche is recalling about 1,700 wooden toy cars in the U.S. due to a potential choking hazard, the U.S. Consumer Product Safety Commission said Tuesday. "The wheels and axles can detach from the wooden toy car, posing a choking hazard to young children," the CPSC said. Customers can return the...

MetLife Inc. (MET) said that its board has approved a new $1.5 billion authorization for the company to repurchase its common stock. In 2017, MetLife announced a $2 billion repurchase authorization and the company has bought back approximately $1.63 billion of its common stock under that board authorization....

Yelp Inc. (YELP) filed paperwork with the European Union's antitrust agency to reactivate a complaint against Google, which Yelp has long claimed favors its own services in searches versus potential competitors, the Wall Street Journal reported. Yelp senior vice president of public policy Luther Lowe...

capsensixx AG and PEH Wertpapier AG announced the intention to proceed with the planned Initial Public Offering of capsensixx AG on the regulated market (Prime Standard) of the Frankfurt Stock Exchange subject to market conditions. The projected IPO is expected to combine the placement of new shares...

Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) noted reports of the potential purchase by PT Indonesia Asahan Aluminium ("Inalum") of Rio Tinto's entire interest in the Grasberg mine in Indonesia for $3.5 billion. Rio Tinto confirmed that discussions between the company, Inalum and Freeport are ongoing,...

Samsung Electronics (SMSN.L, SSNNF.OB, SSNLF.OB) unveiled a series of new silicon innovations at the heart of future high-performance computing and connected devices. 7LPP (7 nanometer Low Power Plus), the first semiconductor process technology to use an EUV lithography solution, is scheduled to be...

Hewlett Packard Enterprise (HPE) Tuesday reported a swing to profit in the second quarter, as revenues grew nearly 10 percent. Palo Alto, California-based Hewlett reported second-quarter profit of $778 million or $0.49 per share, compared to a loss of $612 million or $0.37 per share last year. On...

J. C. Penney Company Inc. (JCP) said that Chairman and Chief Executive officer Marvin Ellison has notified the Company of his decision to resign from his role to pursue another opportunity with Lowe's Companies, Inc. J. C. Penney has elected current Lead Independent Director Ronald Tysoe as Chairman. While...

The TJX Companies, Inc. (TJX) announced the company increased the high-end of fiscal 2019 adjusted EPS guidance by $0.02 to reflect its strong first quarter results. The company now expects adjusted diluted earnings per share, which excludes the benefit from the 2017 Tax Cuts and Jobs Act, to be in the...

Lowe's Companies Inc. (LOW) said Tuesday that it has appointed Marvin Ellison as president and Chief Executive Officer, effective July 2, 2018. He will also join Lowe's board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire. The Lowe's board...

Eli Lilly and Company (LLY) announced the U.S. FDA has approved a label update for Taltz (ixekizumab) injection 80 mg/mL to include data in psoriasis involving the genital area. The company noted that Taltz is the first and only treatment approved by the FDA for moderate-to-severe plaque psoriasis that...

While reporting its third-quarter financial results today, Cracker Barrel Old Country Store, Inc. (CBRL) said its board of directors increased the quarterly dividend to $1.25 per share on the company's common stock, which represents a 4.2 percent increase over the previous quarterly dividend of $1.20. In...

Lexicon Pharmaceuticals, Inc. (LXRX) announced the the U.S. FDA has accepted Sanofi's regulatory filing for Zynquista (sotagliflozin). The investigational oral treatment would be used in addition to insulin therapy to improve blood sugar control in adults with type 1 diabetes. The target FDA action date...

Pfizer Inc. (PFE) said that it has started a Phase 1/2 trial of its respiratory syncytial virus or RSV vaccine candidate in healthy adult volunteers. RSV is a common respiratory virus that affects the lungs and airways, with significant impact on young children and older adults. The highest risk of severe...

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