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Hennes & Mauritz AB (HNNMY.PK, HMRZF.PK, HEN.L) reported third-quarter profit after tax of 4.82 billion Swedish kronor compared to 5.31 billion kronor, last year. Earnings per share was 2.91 krona compared to 3.21 krona. The Group noted that its profits in the third quarter were negatively affected mostly...

Takeaway.com Holding B.V., an online food delivery marketplace in Continental Europe, announced Friday its ordinary shares offered in the initial public offering on Euronext Amsterdam have been priced at 23 euros per share. This values Takeaway.com at an enterprise value of approximately 849 million...

Banco Santander (BNC.L, BSBR, SAN) confirmed that the company is maintaining the key 2018 targets within its 2016-2018 Strategic Plan, including the commitment to increase dividend per share and earnings per share every year in the next three years. Bank confirmed plans to increase EPS in 2016 and 2017,...

Airbus Group (EADSF.PK, EADSY.PK) Friday said it has further integrated by merging Group structure, earlier EADS, with its largest division Airbus Commercial Aircraft into a new entity. The new entity will be led by Chief Executive Officer CEO Tom Enders. Fabrice Bregier, currently Chief Executive...

Royal Bank of Scotland Group PLC (RBS, RBS.L) said the Group needs to undertake a significant reorganisation of its current legal entity structure and business model to comply with the UK's ring-fencing requirements prior to 1 January 2019. The UK ring-fencing legislation requires the separation of essential...

FXCM Inc. (FXCM), online provider of foreign exchange or FX trading and related services, announced Friday that it has agreed to sell its news and research website DailyFX to online trading firm IG Group for $40 million. Cash of $36 million will be paid to FXCM on closing, with the additional $4 million...

Japanese electronics maker Sharp Corp. (SHCAY.PK) said Friday that it has resolved to make a capital investment of about 57.4 billion yen in total, to establish pilot lines for OLED displays. Sharp said it will mainly engage in production technology development such as accumulating production know-how...

Kering (PPRUY.PK, PPRUF.PK) announced the appointment of Claus-Dietrich Lahrs as CEO of Bottega Veneta, effective 4 October 2016. He will replace Carlo Alberto Beretta, who is appointed Kering chief client and marketing officer. Claus-Dietrich Lahrs was previously CEO of Hugo Boss, until February 2016. Kering...

Brazilian metals and mining company Vale S.A. (VALE) Thursday said it approved new terms for the sale of stake in the Moatize coal mine and the Nacala Logistics Corridor or NLC to Mitsui & Co., Ltd. Vale expects to receive $768 million after the completion of the equity transaction with Mitsui, and...

National Retail Properties, Inc. (NNN) announced that Craig Macnab, Chief Executive Officer and Chairman of the Board, will retire as CEO and step down as Chairman and a member of the Board of Directors effective April 28, 2017. The company said that Julian Whitehurst, currently President and Chief...

Justice Department announced that Wells Fargo Bank N.A., has agreed to change its policies and pay over $4.1 million to resolve allegations that it violated the Servicemembers Civil Relief Act by repossessing 413 cars owned by servicemembers without obtaining a court order. The settlement covers...

Viacom Inc. (VIAB, VIA) announced that it has agreed to sell $400 million of 2.250% senior notes due 2022 at a price equal to 99.692% of the principal amount thereof and $900 million of 3.450% senior notes due 2026 at a price equal to 99.481% of the principal amount thereof. The company expects sale...

Nutanix, the next-generation enterprise cloud platform company, announced the pricing of its upsized initial public offering of 14.87 million shares of Class A common stock at $16.00 per share, higher than the expected range. Nutanix had initially predicted shares would sell in a range from $11...

Alcoa Inc. (AA), the largest producer of aluminum in the US, announced that its board of directors has approved the completion of the Company's separation into two independent, publicly-traded companies Arconic Inc and Alcoa Corp. The separation is scheduled to become effective before the opening of...

Apple (AAPL) has shown a notable move to the downside during trading on Thursday, with the tech giant currently down by 1.7 percent.

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