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Jefferies Group LLC, a subsidiary of diversified holding company Leucadia National Corp. (LUK), reported Tuesday that its third-quarter net earnings attributable to Jefferies more than doubled to $83.82 million from $41.17 million last year. Net revenues climbed to $800.69 million from $654.45 million...

AutoZone Inc. (AZO), an automotive parts retailer, reported Tuesday that its fourth-quarter net income increased 1.7% to $433.90 million from last year's $426.77 million. Earnings per share grew $15.27 per share from $14.30 in the year-ago quarter. The Company adopted a new accounting standard on...

White Tale Holdings, the largest shareholder in Clariant AG (CLZNY.PK, CRN.L, CLZNF.PK), stated that Clariant's proposed merger with the Huntsman Corporation is detrimental to shareholders. White Tale said it does not appear that the Clariant Board seriously explored alternative measures or transactions...

Shares of Heineken N.V. (HKHHF.PK) were losing around 4 percent in Amsterdam after Fomento Económico Mexicano, S.A.B. de C.V. or Femsa announced the sale of its 5.24 percent stake in the Dutch brewer. In a statement, Femsa said the stake sale raised combined gross proceeds of approximately 2.5 billion...

Bayer (BAYZF.PK, BAYRY.PK, BYR.L) announced, for 2018 overall, the company forecasts a return to growth in Brazil. As previously indicated, due to provisions for Brazil, Bayer is now anticipating sales of less than 10 billion euros (previously: sales of more than 10 billion euros) for its Crop Science...

Swedish telecom company Telia Co. AB (0H6X.L, TLSNY.PK) Tuesday announced that sale of its direct stake in Turkish subsidiary Turkcell for roughly 4.127 billion Swedish kronor. The company said the sale is in line with the strategy to focus on the Nordics and Baltics. The sale of the 153.5 million...

Assa Abloy AB (ASAZF.PK), a Swedish provider of secure door opening solutions, Tuesday said it has signed an agreement to acquire Mercury Security, a U.S.-based OEM supplier of controllers for physical access control. The company did not reveal the financial details of the deal. The acquisition is...

French energy giant Total SA (TTA.L, TTFNF.PK, TOT) announced Tuesday that it has agreed to acquire GreenFlex, a French company specialized in energy efficiency. Separately, Total said it has signed an agreement with EREN RE to accelerate its growth in the production of power from renewable sources....

Dutch paints and chemicals maker AkzoNobel N.V. (AKZA.AS, AKZOY) announced Tuesday that it has appointed Maarten de Vries as Chief Financial Officer, starting January 1, 2018. Once de Vries is onboard, interim CFO Hans De Vriese will move into the role of Director of Planning and Transformation, continuing...

Solvay (SVYSY.PK), a a Belgium-based multi-specialty chemical company, Tuesday said it has updated fiscal 2017 outlook and restated consolidated financial information for 2015, 2016 and the first half of 2017, to reflect the reclassification in discontinued operations of the polyamide activities to be...

Solvay (SVYSY.PK), a multi-specialty chemical company, announced Tuesday that it has entered into a binding agreement with German chemical company BASF SE (BAYZF.PK) for the sale of its Polyamides business for an enterprise value of 1.6 billion euros. In a statement, Solvay said the sale is a crucial...

SINA Corp. (SINA), a Chinese online media company, confirmed late Monday the receipt of nomination of two individuals to the Board by its shareholder Aristeia Capital, L.L.C. The U.S. based hedge fund earlier in the day, while announcing the nominations, has called for measures to unlock shareholder...

Macy's, Inc. (M) today announced plans to hire approximately 80,000 seasonal associates for positions at its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for the 2017 Christmas and holiday season. The company also announced its national...

FedEx Corp. (FDX) said that its subsidiaries FedEx Express, FedEx Ground and FedEx Freight will increase shipping rates effective January 1, 2018. FedEx Express will increase shipping rates by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx One Rate pricing will increase...

Wisconsin Governor Scott Walker signed the Wisconn Valley Special Session Bill into law, paving the way for construction of a $10 billion manufacturing campus located in southeastern Wisconsin for Foxconn Technology Group, the world's largest electronic manufacturing services provider. The facility is...

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