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Financial services giant JPMorgan Chase & Co. (JPM) plans to cut more than 5,000 jobs as part of its efforts to cut down on costs and boost efficiency, the Wall Street Journal reported Thursday, citing people familiar with the company's decision. According to the WSJ report, JPMorgan has already...

The French biotech company Cellectis (CLLS) is in talks about its potential sale with Pfizer (PFE) of the US believed to be among the buyers, the Financial Times reported citing people familiar with matter. The report indicated Cellectis was in negotiations over a deal but warned that no outcome was...

ATA Inc. (ATAI), a provider of advanced testing technologies and testing-related services in China, reported that its net loss for fourth quarter 2015 widened to RMB15.0 million or US$2.4 million, from RMB13.4 million in fourth quarter 2014. Loss per ADS were RMB0.66 or $0.10, compared to a loss of RMB0.60...

JPMorgan Chase & Co. (JPM) plans to cut more than 5,000 jobs by next year in an effort to trim costs and become more efficient, the Wall Street Journal reported citing people familiar with the matter. This would eliminate at least 2% of its current workforce. The cuts already have begun, and are part...

Zimmer Holdings Inc. (ZMH) announced that it has finalized agreements with buyers to divest in the United States certain Zimmer Unicompartmental High-Flex Knee System assets, Biomet Discovery Elbow System assets and Cobalt bone cement assets. These divestiture agreements are in furtherance of Zimmer's...

Orbitz.com announced that it is the first travel company to integrate Smart Lock for Passwords, a secure password manager from Google, into Orbitz.com and the Orbitz app for Android. Orbitz.com is operated by Orbitz Worldwide (OWW). Customers that sign in to Orbitz.com using Chrome or the Orbitz app...

Merck & Co. Inc. (MRK) announced that it has submitted a New Drug Application to the U.S. Food and Drug Administration (FDA) for grazoprevir/elbasvir (100mg/50mg), an investigational once-daily, single tablet combination therapy for the treatment of adult patients with chronic hepatitis C genotypes or...

The U.S. Food and Drug Administration approved Rapamune (sirolimus), to treat lymphangioleiomyomatosis or LAM, a rare, progressive lung disease that primarily affects women of childbearing age. Rapamune is made by Wyeth Pharmaceuticals, Inc., a subsidiary of Pfizer, Inc. (PFE), Philadelphia, Pennsylvania....

Ulta Salon, Cosmetics & Fragrance Inc. (ULTA), Thursday reported an increase in first-quarter profit, helped largely by a double-digit sales growth and strong margins. The beauty products retailer's fourth-quarter earnings and revenues also topped Wall Street estimates. Bolingbrook, Illinois-based...

Digital imaging solutions provider OmniVision Technologies Inc (OVTI), Thursday reported a drop in profit for the fourth quarter, as revenues dropped and operating costs increased. Nevertheless, both earnings and revenues for the quarter trounced Wall Street estimates. Santa Clara, California-based...

GameStop Corp. (GME) on Thursday reported an increase in profit for the first quarter, as the video-game retailer's revenue and same-store sales rose, with both earnings and revenues topping Wall Street expectations. Moving ahead, the company detailed a strong outlook for the second quarter and lifted...

Infoblox Inc (BLOX), a provider of automated network control solutions, on Thursday reported third-quarter net loss of $5.1 million or $0.09 per share compared with a loss of $7.4 million or $0.14 per share last year. Excluding items, adjusted earnings for the quarter were $0.12 per share compared...

Veeva Systems Inc (VEEV), a cloud-based software maker, on Thursday reported first-quarter net earnings of $13 million or $0.09 per share compared with $7.1 million or $0.05 per share last year. Excluding items, adjusted earnings for the quarter were $0.12 per share compared with $0.07 per share a...

OmniVision Technologies Inc (OVTI), Thursday reported fourth-quarter profit of $6.0 million or $0.10 per share, down from $15.1 million or $0.26 per share last year. Excluding items, adjusted earnings for the quarter dropped to $13.9 million or $0.22 per share from $23.9 million or $0.40 per share...

Greif Inc (GEF, GEF_B), an industrial packaging products company, on Thursday said it now expects adjusted earnings in fiscal year 2015 to be in the range of $1.65 to $1.75 per Class A share, down from its prior guidance of $2.25 to $2.35 per share. Analysts polled by Thomson Reuters currently estimate...

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