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Sears Holdings Corp. (SHLD) said that its Chief Financial Officer, Robert Schriesheim, will be departing from his position with the Company to focus on his other business interests and pursue other career opportunities. Schriesheim has agreed to continue in his current role until the company has identified...

Advanced Semiconductor Engineering, Inc. (ASX) and Siliconware Precision Industries Co., Ltd. (SPIL) announced their boards have separately passed resolutions for the execution by ASE and SPIL of the "Joint Share Exchange Memorandum of Understanding" to promote plans for the establishment of a holding...

French insurer AXA Group (AXAHY.PK) decides to divest its tobacco industry assets, as it says no to tobacco, making a mark as the first global insurer to divest from this industry. AXA, in a statement on Thursday, said it will sell all its equity holdings in tobacco immediately, representing just...

Google said that it is establishing a self-driving technology development center in Novi, Michigan. "Many of our current partners are based here, so having a local facility will help us collaborate more easily and access Michigan's top talent in vehicle development and engineering. At this 53,000...

Alphabet Inc.'s (GOOGL, GOOG) executive chairman Eric Schmidt believes that dramatic advances in the health and technology will change the world in the near future, Bloomberg reported. Schmidt expects technology will improve gene sequencing and make health care more efficient and personalized as the...

Tribune Publishing Co. (TPUB) said that Egan-Jones, an independent proxy advisory firm, has recommended Tribune shareholders vote "For" all of the Company's directors and reject Gannett's withhold campaign. The Egan-Jones report follows similar recommendations from leading independent proxy voting...

Anheuser-Busch InBev SA/NV or AB InBev (BUD, AHBIF.PK) said that it has secured exchange control approval from the South African Reserve Bank or "SARB" for its proposed combination with SABMiller plc (SBMRY.PK, SAB.L). Approval from the SARB represents an important milestone in the process of securing...

Citigroup (C) agreed to pay $425 million to resolve U.S. Commodity Futures Trading Commission claims that it tried to rig several interest-rate benchmarks from 2007 to 2012. The company neither admitted to nor denied the allegations, which concern ISDAfix and benchmarks in London and Tokyo. The U.S....

US Foods Holding Corp., the parent company of US Foods Inc., announced the pricing of its initial public offering of 44.44 million shares of common stock at $23.00 per share for a total offering size of $1.02 billion. In addition, US Foods has granted the underwriters a 30-day option to purchase from...

Sanofi (SNYNF, SNY) announced that the Endocrinologic and Metabolic Drugs Advisory Committee (EMDAC) of the U.S. Food and Drug Administration (FDA) recommended the approval of the New Drug Application or NDA for the investigational fixed-ratio combination of basal insulin glargine 100 Units/mL and GLP-1...

Apparel retailer Express (EXPR) fell sharply at the start of trading on Wednesday but has regained some ground since then.

Shares of Hewlett Packard Enterprise (HPE) remain notably higher in afternoon trading on Wednesday but have pulled back off their best levels.

After gapping open sharply higher, shares of Sarepta Therapeutics (SRPT) continue to see significant strength in afternoon trading on Wednesday.

Alibaba Group Holding Limited (BABA) disclosed in a regulatory filing that it was being investigated by the U.S. Securities and Exchange Commission over whether the company's accounting practices violated any federal laws. Alibaba said that the SEC had requested information relating to consolidation...

Medivation, Inc. (MDVN) urged its stockholders to reject Sanofi's attempt to replace the company's entire Board with hand-picked nominees through a proposed consent solicitation. Medivation expects to promptly file consent revocation materials with the U.S. SEC. David Hung, CEO of Medivation, said:...

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