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Honeywell (HON) announced Friday an increase in earnings guidance for the full-year 2018 to a range of $7.85 to $8.05 per share from the prior range of $7.75 to $8.00 per share. Sales for the full year are also now projected between $42.7 billion and $43.5 billion on 3 to 5 percent organic growth,...

HSBC Holdings plc (HSBA.L, HSBC) announced that the Group is reducing the number of Board committees from seven to five. As a result, the responsibilities of the Conduct and Values Committee and the Philanthropic and Community Investment Oversight Committee will be reassigned. The responsibility for...

Stanley Black & Decker, Inc. (SWK) on Friday raised its reported earnings forecast range for the full year 2018, while reiterating adjusted earnings guidance. For fiscal 2018, the company now projects earnings in a range of $7.40 to $7.60 per share, up from the prior guidance range of $7.80 to $8.00...

Roper Technologies, Inc. (ROP) announced the company now expects full year adjusted EPS of $11.08 - $11.32, compared to previous guidance of $10.88 - $11.20. For the second quarter of 2018, the company expects adjusted EPS of $2.65 - $2.71. First-quarter adjusted EPS was $2.61, a 24% increase from...

Hikma Pharmaceuticals plc (HIK, HIK.L) announced Friday the launch Dexrazoxane for Injection, 250mg and 500mg vials, the generic equivalent to Zinecard. Dexrazoxane for Injection is indicated for reducing the incidence and severity of cardiomyopathy associated with doxorubicin administration in certain...

Reckitt Benckiser (RBGPF.PK, RB.L) reported first-quarter revenue of 3.11 billion pounds, a proforma growth of 3% (up 2% LFL). Proforma and LFL growth were both volume-led (up 3%). Mead Johnson Nutrition performance continues to progress well with proforma growth of 6% for first quarter. Rakesh Kapoor,...

Ericsson (ERIC) reported that its net loss attributable to stockholders of the parent company for the first-quarter narrowed to 837 million Swedish kronor or 0.25 kronor per share from the previous year's 10.07 billion kronor or 3.08 kronor per share. Operating loss also narrowed to 0.3 billion kronor...

Novartis (NVS) reported new analyses from the Phase III EXPAND study of oral, once-daily siponimod (BAF312) in patients with secondary progressive multiple sclerosis. In pre-specified statistical analyses, treatment with siponimod consistently reduced the risk of confirmed disability progression in SPMS...

Square, Inc. (SQ) announced it has acquired certain assets of Zesty, a catering platform. The company said the addition of Zesty will enable Caviar, Square's food ordering platform, to strengthen and scale its growing corporate ordering business, Caviar for Teams. The company said, with Zesty, Caviar's...

EastGroup Properties, Inc. (EGP) announced, for 2018, the company now estimates FFO per share attributable to common stockholders to be in the range of $4.51 to $4.61. The company's initial guidance for 2018 was $4.50. First-quarter funds from operations was $1.16 per share compared to $0.99, last...

Mattel, Inc. (MAT) announced its Board has named Ynon Kreiz, a director since June 2017, as CEO effective April 26, 2018. Margo Georgiadis, who became Mattel's CEO in February 2017, has informed the Board of her decision to step down from her executive and Board roles to pursue a new opportunity in the...

After coming under pressure early in the session, shares of Philip Morris (PM) continue to see substantial weakness in late-day trading on Thursday.

Shares of Bank Of New York Mellon (BK) have shown a strong move to the upside during trading on Thursday, jumping by 4.6 percent.

Responding to recent press speculation, Allergan Plc. confirmed Thursday that it is in the early stages of considering a possible offer for Shire plc (SHP.L, SHPG). No offer has been made. There can be no certainty an offer will be made nor as to the terms on which any such offer would be made. As...

While reporting its first-quarter financial results today, Nucor Corp. (NUE) said it expects earnings in the second quarter of 2018 to increase significantly compared to the preceding first quarter of 2018. Nucor noted that steel mill metal margins and profits in March were by far the strongest in...

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