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Lockheed Martin (LMT) said it received a $1.2 billion contract from the U.S. government to produce 16 new F-16 Block 70 aircraft for the Royal Bahraini Air Force. The Undefinitized Contract Action award represents the first F-16 Block 70 sale and the first F-16 production program to be performed in Greenville,...

Eli Lilly and Company (LLY) announced the Humulin R U-500 administered via an investigational insulin pump (Omnipod U-500 Insulin Management System) provided greater A1C reduction with less daily insulin needed compared to multiple daily injections in adults with type 2 diabetes on high dose insulin....

Ahead of its investor-analyst day later today, Atlas Air Worldwide Holdings, Inc. (AAWW) on Monday raised its earnings outlook for the second quarter and full-year 2018. Citing the demand for its aircraft and services, Atlas Air now anticipates second-quarter adjusted income from continuing operations,...

Granite (GVA) said that it appointed Jigisha Desai as senior vice president and chief financial officer, effective July 9, 2018. Desai will report to President and Chief Executive Officer, James Roberts, and will serve on the company's executive committee. Desai has been with Granite for 25 years,...

Pfizer (PFE) Monday said its Phase 3 Paloma -3 trial of Ibrance in HR+, HER2 metastatic breast cancer recorded overall survival results in combination with fulvestrant compared to placebo plus fulvestrant in women. Overall survival was a secondary endpoint of the trial, though not reaching statistical...

Boehringer Ingelheim and Eli Lilly and Company (LLY) announced that both randomized controlled trials in the EASE Phase III program, investigating the use of empagliflozin in combination with insulin therapy in adults with type 1 diabetes, met their primary endpoint. The company reported that the primary...

AT&T Inc. (T) said it has entered into a definitive agreement to acquire AppNexus, a technology company that operates a global advertising marketplace and provides enterprise products for digital advertising. AT&T noted that with its proposed acquisition of AppNexus, it is investing to accelerate...

Gilead Sciences, Inc. (GILD) said that the European Commission has granted Marketing Authorization for Biktarvy or bictegravir 50mg/emtricitabine 200 mg/tenofovir alafenamide 25 mg; BIC/FTC/TAF, a once-daily single tablet regimen or STR for the treatment of HIV-1 infection. BIC/FTC/TAF combines the...

Sanofi (SNY) reported positive non-inferiority results of the BRIGHT study comparing its long-acting insulin Toujeo to insulin degludec. The randomized controlled trial compared the efficacy and safety of Toujeo versus insulin degludec at 24 weeks. The company said the study met its primary endpoint...

Ares Capital Corp. (ARCC) said that its Board approved the application to the Company of the 150% minimum asset coverage ratio. As a result, the minimum asset coverage ratio applicable to the Company will be reduced from 200% to 150% on June 21, 2019. Ares Capital Corporation's Board approved the...

Gray Television Inc. (GTN, GTN.A) and Raycom Media Inc., an employee-owned company, announced that they reached an agreement to combine their companies. "Today we announce the transformation of Gray Television into a true leader in the broadcast television industry," said Hilton H. Howell, Jr., Gray's...

Xerox (XRX) CEO John Visentin sent a letter to Fujifilm Chairman Shigetaka Komori responding to the lawsuit filed by Fujifilm last week. He stated that Fujifilm's actions have forced the company to move forward on several fronts to protect its supply chain. "First, we will start, in a material way,...

HSBC Holdings plc (HSBA.L, HSBC) announced that Iain Mackay will retire from the Group, to be succeeded as Executive Director and Group Finance Director by Ewen Stevenson. HSBC said it will confirm the specific retirement and appointment dates in due course. Ewen has held the role of Chief Financial...

Wells Fargo & Company (WFC) announced an enhanced Propel Card, with with triple points and a $0 annual fee. The Propel Card will be accepted at merchants that accept American Express. New Wells Fargo Propel cardholders will earn 30,000 bonus points (a $300 cash redemption value) after spending $3,000...

Navigant (NCI) and Ankura Consulting Group announced a definitive agreement under which Navigant will sell its Disputes, Forensics and Legal Technology segment and its Transaction Advisory Services practice to Ankura. The transaction is valued at $470 million. Upon the close of the transaction, Navigant...

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