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While reporting its first-quarter financial results today, Campbell Soup Co. (CPB) lowered its earnings outlook for fiscal 2018, but affirmed its forecast for full-year sales. Campbell Soup said that the change in guidance for full-year adjusted EBIT and adjusted earnings per share is due primarily...

New Jersey Resources (NJR) announced fiscal 2018 net financial earnings, or NFE, guidance of $1.75 to $1.85 per share. NJR expects regulated businesses to generate between 55 to 75 percent of total NFE, with New Jersey Natural Gas continuing to be the largest contributor. Fiscal 2017 NFE totaled...

ArQule, Inc. (ARQL) on Tuesday announced dosing of the initial patients in a registrational trial with its FGFR inhibitor, derazantinib or ARQ 087 in FGFR2 fusion driven second-line intrahepatic Cholangiocarcinoma or iCCA. The trial is planned to enroll up to 100 iCCA patients and will provide an...

While reporting its third-quarter financial results today, Movado Group, Inc. (MOV) raised its financial outlook for fiscal 2018 and said its board of directors declared a quarterly dividend. The company now expects full-year net sales in a range of $550.0 million to $555.0 million and net income...

Hormel Foods Corp. (HRL) announced, for fiscal 2018, the company projects: net sales in the range of $9.40 - $9.80 billion; and earnings per share in the range of $1.60 - $1.70. The company noted that its fiscal 2018 guidance exclude the pending acquisition of Columbus Craft Meats, which is expected...

Home improvement retailer Lowe's Companies, Inc. (LOW) on Tuesday reaffirmed its fiscal 2017 forecast after reporting higher profit and comparable sales in its third quarter. Third-quarter earnings and top line beat market estimates. In pre-market activity, Lowe's shares were gaining around 3 percent...

Lowe's Companies, Inc. (LOW) announced that Richard Maltsbarger, chief development officer and president, international, has been appointed chief operating officer, effective Feb. 3, 2018. Maltsbarger succeeds Rick Damron. Maltsbarger will oversee areas including store operations, supply chain, pro and...

BP plc (BP.L, BP_UN.TO, BP) announced it has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc. Serica will pay BP an upfront payment of 12.8 million pounds, a share of cash flows over the next four years, a consideration equivalent to 30% of BP's post-tax...

Italian utility Enel (ENLAY.PK, EN) Tuesday said it is targeting a total of 3.3 billion euros of EBITDA in 2020, representing a 32% increase from 2017. In its 2018- 2020 Strategic Plan, the company increased its digitalisation capex to 5.3 billion euros vs. 4.7 billion euros envisaged in the previous...

BHP Billiton Ltd (BHP.AX, BLT.L, BBL, BHP) reported that Samarco Mineração S.A. and its shareholders, Vale S.A. and BHP Billiton Brasil have entered into an amendment agreement with the Federal Prosecutors' Office in Brazil and the State Prosecutors. The amendment agreement amends the preliminary agreement...

Melrose Industries PLC (MRO.L) in its trading update, reported Tuesday that it is on track to achieve a performance consistent with expectations for this year and that it cash generation remains strong. The company also said it remains confident of achieving its objectives for Nortek. The company...

Instrumentation and controls company, Spectris plc (SEPJF.PK, SXS.L), Tuesday, in its trading update for the period July-October, said its reported sales for four months grew 9 percent, and like-for-like sales increased 7 percent, as acquisitions, net of disposals, contributed 2 percent to sales growth,...

German energy generation and energy trading company Uniper SE, a subsidiary of E.ON SE (EONGY.PK), Tuesday announced that its Management and Supervisory Boards have urged shareholders not to accept the voluntary public takeover offer from Fortum Oyj, a Finland-based company. The company cited that the...

SIG Plc (SHI.L), a distributor of specialist building products, reported that group revenues for the four months from July to October 2017 increased 6.7 percent from last year, with currency contributing 2.5 percent to growth, offset by the effect of fewer working days and the impact of acquisitions....

Halma Plc (HLMA.L), a safety, health and environmental technology group, reported that its first-half profit before tax increased 18 percent to 76.8 million pounds from 65.2 million pounds a year ago. Earnings per share also grew 18 percent to 16.27 pence from 13.79 pence last year. Adjusted profit...

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