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Hess Corp. (HES) Monday said it agreed to sell its interests in offshore Equatorial Guinea to Kosmos Energy (KOS) and Trident Energy for $650 million. "This sale is a further step in our strategy to focus our portfolio by investing in higher return assets and divesting more mature, higher cost assets,"...

Tenet Healthcare Corp. (THC) announced that Trevor Fetter has stepped down from his role as chief executive officer and resigned as a director of the company, effective October 23, 2017. The company's board has appointed its executive chairman Ronald Rittenmeyer to serve as chief executive officer,...

FUCHS PETROLUB (FUPEF.PK) announced that it anticipates full-year EBIT to be just below or as in the previous year's EUR 371 million, due to the increase of raw material prices and the delayed passing on. Meanwhile, the company expects an unchanged sales growth in the range of 7 percent to 10 percent....

Deutsche Boerse AG (DBOEY.PK) announced that the local court (Amtsgericht) Frankfurt am Main does not approve closure of the investigation proceedings against the company's chief executive Carsten Kengeter, in relation to insider trading in December 2015. The court considers it appropriate to continue...

Leoni AG of Nuremberg announced that the Supervisory Board and its President & CEO, Dieter Bellé agreed on his early departure effective 31 January 2018. Leoni stated that the termination of office mutually agreed. Dieter Bellé thereupon, with the Supervisory Board's understanding, resigned his mandate...

CarMax Inc. (KMX) announced plans to hire for more than 2,000 positions companywide by the end of the year. The company currently employs more than 24,000 people nationwide. The company said the majority of new and open positions are for sales consultants, technicians, detailers and inventory associates....

Abbott (ABT) announced it has secured U.S. FDA clearance for the Confirm Rx Insertable Cardiac Monitor, a smartphone compatible ICM designed to help physicians remotely identify cardiac arrhythmias. Abbott said it can now provide U.S. patients a new way to monitor for abnormal heart rhythms while staying...

Bank of Hawaii Corp. (BOH) said its board increased the authorization under the share repurchase program by an additional $100.0 million. From October 2 through October 20, 2017 the Company repurchased an additional 44.5 thousand shares of common stock at an average cost of $83.97 per share. Remaining...

Exactech Inc. (EXAC), a developer of orthopaedic implant devices and surgical instrumentation for extremities and large joints, said it agreed to be acquired by TPG Capital, the global private equity platform of alternative asset firm TPG. The transaction values Exatech at $625 million. Exactech's...

Lennox International Inc. (LII) said that it updated fiscal year 2017 guidance for revenue and earnings per share from continuing operations. "Looking ahead for the company overall with the recovery in key regions underway, we are well-positioned to close out a year of record revenue, margin and...

Petmed Express Inc. (PETS) Monday reported a surge in second quarter net profit to $8.760 million from $4.899 million in the prior year. On a per share basis, earnings climbed to $0.43 from $0.24 a year ago. On average, 5 analysts polled by Thomson Reuters expected the company to earn $0.3 per share....

Cisco (CSCO) and BroadSoft (BSFT) announced a definitive agreement, pursuant to which Cisco will acquire BroadSoft Inc. for $55 per share, in cash, an aggregate purchase price of approximately $1.9 billion net of cash assuming fully diluted shares including conversion of debt. Headquartered in Gaithersburg,...

E+S Rück of Hannover Re Group (HVRRF.PK) Monday said it expects modest premium growth in the German market for the upcoming round of treaty renewals as at 1 January 2018. The subsidiary expects improvements in motor insurance, stability in prices for natural catastrophe covers and increase in rates under...

Emerson (EMR) reported that preliminary net sales for the fourth quarter were $4.4 billion increased 13 percent, reflecting the Valves & Controls acquisition and underlying sales growth of 3 percent. Hurricanes Harvey and Irma only moderately affected fourth quarter sales, and the Company expects to...

T-Mobile US Inc. (TMUS) said that it raised and narrowed its fiscal year 2017 Adjusted EBITDA target to a range of $10.8 billion - $11.0 billion, from the prior guidance range of $10.5 billion - $10.9 billion. The Adjusted EBITDA target includes unchanged guidance on leasing revenues of $0.85 - $0.95...

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