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Biogen Inc. (BIIB) and AbbVie Inc. (ABBV) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency has adopted a positive opinion recommending the granting of a marketing authorization for Zinbryta or daclizumab, intended for the treatment of relapsing forms...

Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) said that it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2015. The company noted that default under senior note indentures arising from the failure to timely file...

American Tower Corp. (AMT) reported Friday first quarter net income attributable to shareholders of $248 million or $0.58 per share, 35.4 percent higher than last year. NAREIT Funds From Operations or FFO increased 32.8 percent to $546 million. Adjusted FFO was $602.45 million, or $1.41 per share....

IDEXX Laboratories Inc. (IDXX) said that it raised its 2016 revenue guidance range by $40 million and its 2016 earnings per share guidance range by $0.08 per share to reflect its strong first quarter operating results, positive revenue growth trends, and projected benefits from a moderated strengthening...

Cousins Properties Incorporated (CUZ) and Parkway Properties, Inc. (PKY) announced they have entered into a definitive agreement for a stock-for-stock merger and the simultaneous spin-off of the Houston-based assets of both companies into a new publicly-traded REIT. Upon completion of the spin-off, Cousins...

MoneyGram International Inc. (MGI) Friday announced narrower net loss for the first quarter to $4.2 million or $0.07 per share from loss of $72 million or $1.16 per share last year. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.17 per share. Analysts estimates...

Delta Air Lines (DAL) said Friday that it has reached an agreement with Airbus to acquire 37 additional A321s as part of its efforts to renew its narrowbody fleet. The fuel-efficient A321s will replace older-generation jets, including the MD-88. The 37 aircraft will be delivered concurrently with existing...

VF Corp. (VFC), a manufacturer of branded lifestyle apparel, footwear and accessories, reported Friday that its first-quarter net income dropped 10 percent to $260.27 million from last year's $288.71 million last year. Earnings per share were $0.61, down 9 percent from $0.67 a year ago. On average,...

Legg Mason Inc. (LM) Friday announced fourth quarter net loss attributable to the company of $45.273 million from a profit of $82.959 million in the prior year. On a per share basis, loss was $0.43, compared to profit of $0.73 per share. The current quarter's results included acquisition and transition-related...

Rovi Corp.(ROVI), which provides on-screen guides for pay-TV listings, said Friday that it agreed to buy digital-video recording pioneer TiVo Inc.(TIVO) for $10.70 per share in cash and stock for total consideration of approximately $1.1 billion. Rovi will pay $2.75 per share in cash, or approximately...

Cooper Tire & Rubber Company (CTB) reported first-quarter net income of $59 million, or per share of $1.05, compared with $41 million, or $0.69 per share, last year. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.97 for the quarter. Analysts'...

Aon Plc. (AON) Friday reported 4 percent decline in first quarter net income attributable to shareholders to $315 million from $328 million in the previous year. Earnings per share were down 1 percent to $1.16 from $1.15 last year. On an adjusted basis, earnings attributable was $1.35 per share. On...

Postbank (DEUPF.PK, DPSTF.PK) reported that its first-quarter pretax profit decreased year-over-year to 75 million euros from 131 million euros. Consolidated profit was 66 million euros compared to 124 million euros, a year ago. Net interest income decreased to 595 million euros from 618 million...

Power management company Eaton Corp. plc (ETN) today announced that first-quarter net income attributable to shareholders was $404 million or $0.88 per share, lower than last year's $466 million or $1 per share. On average, 24 analysts polled by Thomson Reuters expected earnings of $0.85 per share....

Host Hotels & Resorts Inc. (HST) said that it expects FFO per share for fiscal year 2016 to be in the range of $1.65 - $1.69. Analysts polled by Thomson Reuters expect the company to report earnings of $1.67 per share for fiscal year 2016. Analysts' estimates typically exclude special items. The company...

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