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Tesla Inc's CEO Elon Musk released series of posts on Twitter on the two new Model 3 dual motor models(Model 3 dual motor all-wheel-drive and performance versions), including performance, pricing, a new service module, and a few new options. Deliveries will begin in July, he said in tweets posted Sunday. Musk...

South Korea's LG Group chairman, Koo Bon-moo, passed away on Sunday after a battle with brain disease. LG Group said in a statement that Koo, 73, had been ill for a year. "Becoming the third chairman of LG at the age of 50 in 1995, Koo established key three businesses - electronics, chemicals and...

Kent Quality Foods, Inc., a Grand Rapids, Mich. establishment, is recalling approximately 308,430 pounds of various beef, pork, and turkey ready-to-eat hot dog and sausage products due to misbranding and an undeclared allergen. The recalled products contain soy, a known allergen, which is not declared...

German luxury car maker Bayerische Motoren Werke AG Friday said it is recalling an extra 88,000 vehicles in the U.K. to fix problems with battery connector. The company had earlier recalled around 312,000 vehicles due to a fire risk stemming from a cable connecting the battery and fan. A media investigation...

Shares of Deere & Co. (DE) are seeing significant strength in afternoon trading on Friday, jumping by 6.1 percent.

Spectra Energy Partners LP (SEP) said Friday that it has received a non-binding offer from Enbridge Inc. (ENB.TO, ENB) and Enbridge (U.S.) Inc. to acquire all of the outstanding equity securities of SEP not currently beneficially owned by Enbridge. The board of directors of the general partner of...

Hilton Worldwide Holdings Inc. (HLT) said that certain selling stockholders affiliated with The Blackstone Group L.P. have informed the company that they have agreed to sell 15.80 million shares of Hilton's common stock in privately negotiated transactions pursuant to Hilton's effective shelf registration...

Apollo Investment Corp. (AINV) reported that its net Investment Income for its fourth fiscal quarter ended March 31, 2018 declined to $31.94 million from $37.29 million in the prior year. Net Increase in Net Assets Resulting from Operations was $20.63 million compared to $8.05 million in the prior...

Campbell Soup Company (CPB) announced, based on the third-quarter results and outlook for the balance of the year, the company lowered its fiscal 2018 earnings guidance. Looking ahead, the company also will be reviewing all aspects of its strategic plans and portfolio composition. Campbell Soup plans...

Campbell Soup Company (CPB) announced that Denise Morrison, President, CEO and a Director, has chosen to retire effective immediately. Keith McLoughlin, a Campbell Board member since 2016, has been named interim CEO. Keith McLoughlin was President and Chief Executive Officer of Electrolux AB, a global...

Fresenius (FSNUF.PK, FSNPF.PK) announced, for 2018, the company continues to expect: sales growth in constant currency of 5-8%, net income growth of 6-9%, and net income growth excluding biosimilars of approximately 10-13%. The company also confirmed its ambitious mid-term targets.

Ferrari N.V. (RACE) announced the appointment of Antonio Picca Piccon as CFO, effective July 30, replacing Alessandro Gili who has decided to leave the company effective May 31. Antonio Picca Piccon joins Ferrari from Ariston Thermo Group, where he has held the position of CFO. Prior to this, he...

Dunelm Group plc. (DNLM.L) said that Laura Carr will be appointed as Chief Financial Officer. Laura will join Dunelm in the Autumn, with the exact date to be announced in due course. Laura is Group Financial Controller of Compass Group, the FTSE 30 multinational contract food, hospitality and support...

Investment firm KKR (KKR) and Triton Friday announced the sale of Mehiläinen, a provider of private health care and social services in Finland, to CVC Capital Partners. The terms of the deal were not disclosed, and the transaction is subject to regulatory approval. Triton and KKR acquired Mehiläinen...

Hikma Pharmaceuticals plc (HIK, HIK.L) reported Friday positive trading in its segments and reiterated guidance for the full year. In its trading update ahead of Annual General Meeting today, the company said it continues to expect full-year Injectables revenue to be in the range of $750 million to...

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