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Stein Mart Inc. (SMRT), a retailer of fashion, accessories and home décor, announced Thursday that Dawn Robertson has resigned as Chief Executive Officer and as a director, effective September 27. She has also performed the duties of the chief merchandising officer. The company appointed Hunt Hawkins,...

Amgen (AMGN) and Arrowhead Pharmaceuticals Inc. (ARWR) announced two license and collaboration agreements to develop and commercialize RNA interference or RNAi therapies for cardiovascular disease. These are the first programs to utilize Arrowhead's proprietary subcutaneous RNAi delivery platform. RNAi...

Accenture (CN) reported that its net income attributable to the company for the fourth quarter ended August 31, 2016 increased to $1.07 billion, from last year's $737.63 million, with earnings per share improving to $1.68 from with $1.15 for the fourth quarter last year. Excluding the $249 million after-tax...

Extraction Oil & Gas, Inc. (XOG) Thursday announced the launch of an initial public offering of 33.333 million common shares with an initial offering price between $15.00 and $18.00. Extraction said it will grant the underwriters a 30-day option to purchase up to an additional 5 million shares of...

AstraZeneca (AZN.L) announced the US FDA has approved a blood-based companion diagnostic for TAGRISSO. The companion diagnostic, cobas EGFR Mutation Test v2, was developed by Roche Molecular Systems. The company said the approval provides a new, non-invasive option to identify patients with metastatic...

PNM Resources, Inc. (PNM) announced the New Mexico Public Regulation Commission has approved a final order on Sept. 28, 2016 in the general rate case filing of Public Service Co. of New Mexico, a subsidiary of PNM Resources (PNM). PNM made the filing with the Commission on Aug. 27, 2015 for a $121.5...

MBIA Insurance Corp. (MBI) announced its subsidiary, MBIA UK (Holdings), has entered into an agreement to sell MBIA UK Insurance to Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd. (AGO). The purchase price consists of the transfer to MBIA UK Holdings of notes issued by Zohar II 2005-1 CLO...

Himax Technologies, Inc. (HIMX) reiterated its third-quarter guidance and business outlook for the remainder of 2016. The company is confident that the overall business prospects remain intact as CEO reiterated during the last earnings call. Himax Technologies remains positive about its future prospects...

Commerzbank (CRZBY.PK) announced its Board of Managing Directors will decide on Thursday on the strategic objectives after discussions with the Supervisory Board. The Board of Managing Directors has presented Commerzbank's draft strategic and financial objectives until 2020 to the Supervisory Board for...

The U.S. Food and Drug Administration or FDA on Thursday announced that it approved Medical technology and services company Medtronic plc.'s (MDT) MiniMed 670G hybrid closed looped system. It is the first FDA-approved device that is intended to automatically monitor glucose and provide appropriate basal...

Philip Morris International Inc. (PM) revised for currency only, and narrowed, its 2016 full-year reported EPS forecast to a range of $4.53 to $4.58, at prevailing exchange rates, compared to $4.42 in 2015. Excluding an unfavorable currency impact, at prevailing exchange rates, of approximately $0.35...

BPO services provider Capita Group plc (CPI.L) Thursday said its second-half to date performance has been below expectations. As a result, the company trimmed its forecast for fiscal 2016 results. In its trading statement, the company said the week second-half trading reflected a slow-down in specific...

Imperial Brands PLC (IMT.L, ITYBY.PK) confirmed the Group is on track to meet full year expectations at both constant currency and reported exchange rates. Imperial Brands delivered strong growth in reported tobacco net revenue for the year driven by the US acquisition and the benefit of currency translation....

Novo Nordisk (NVO) has announced intention to reduce its workforce by approximately 1,000 employees. The reductions are expected to affect R&D units and headquarter staff functions, as well as positions in the global commercial organisation. Around 500 of the layoffs are expected to be in Denmark. The...

As per media reports, BHP Billiton Ltd (BHP.AX, BLT.L, BBL, BHP) has shut down production at its Olympic Dam following power failure in South Australia. The company is expected to restart operations at the mine when power is restored. BHP Billiton's Olympic Dam in South Australia is a multi-mineral...

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