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Worthington Industries, Inc. (WOR) announced that its Worthington Armstrong Venture, WAVE, has agreed to sell its business and operations in Europe, Middle East, Africa and Asia, to Knauf Group. Worthington expects to realize approximately $45 million for its 50% share of the WAVE operations being sold....

Zions Bancorporation (ZION) announced its intention to streamline corporate structure by merging the parent company into its banking subsidiary, ZB, N.A or one of its subsidiaries. The resulting entity will bear the name Zions Bancorporation, N.A. Zions will file an application with the Financial Stability...

Alnylam Pharmaceuticals, Inc. (ALNY), a RNAi therapeutics company, announced Monday that the U.S. Food and Drug Administration has granted Breakthrough Therapy Designation or BTD for patisiran, an investigational RNAi therapeutic targeting transthyretin. Patisiran is for the treatment of adults with...

Marvell Technology Group Ltd. (MRVL) and Cavium, Inc. (CAVM) announced a definitive agreement, under which Marvell will acquire all outstanding shares of Cavium common stock in exchange for consideration of $40.00 per share in cash and 2.1757 Marvell common shares for each Cavium share. This represents...

Dycom Industries, Inc. (DY), a provider of specialty contracting services, announced Monday that it expects second-quarter earnings per share to range from $0.15 to $0.27. Adjusted earnings per share is expected to range from $0.24 to $0.36. In the preceding first quarter, net income was $0.90 per...

Shares of DBV Technologies (DBVT) were gaining in Paris trading and Nasdaq pre-market on Monday after the company announced positive topline results from the Phase III REALISE trial of Viaskin Peanut for the treatment of Peanut-Allergic patients. The REAL Life Use and Safety of EPIT or REALISE trial...

LivaNova PLC (LIVN), a medical device company, announced Monday that it has entered into a binding Letter of Intent or LOI for the sale of Cardiac Rhythm Management or CRM Business Franchise to MicroPort Scientific Corp. for $190 million in cash. With the sale, LivaNova anticipates it will recognize...

Swiss drug major Novartis (NVS) announced Monday that the European Commission approved Tasigna (nilotinib) for the treatment of pediatric patients with newly diagnosed Philadelphia chromosome-positive chronic myeloid leukemia in the chronic phase or Ph+ CML-CP and pediatric patients with Ph+ CML-CP with...

Genentech, a member of Swiss drug major Roche Group (RHHBY), announced Monday positive results from two studies. The first, Phase III HAVEN 3 study evaluating HEMLIBRA (emicizumab-kxwh), met its primary endpoint. Further, the Phase III IMpower150 study met its co-primary endpoint of progression-free...

Julius Baer Group (JBARF.PK, JBAXY.PK) reported that the Group's assets under management (AuM) increased to a record 393 billion Swiss francs at the end of October 2017, a year-to-date increase of 17%. The Group said the rise in AuM was driven by significant net inflows, continued positive market performance,...

Marvell Technology Group Ltd (MRVL) is nearing a deal to buy chip maker Cavium (CAVM) for about $6 billion in cash and stock, the Wall Street Journal reported citing people familiar with the matter. The companies plan to announce the deal as soon as Monday, the report specified. The deal reportedly...

United States Steel Corp. (X) said it is committed to complying with all environmental standards, to ensuring the safety of employees and neighbors in the communities in which the company lives and operate, and to safeguarding shared environment. The company took that responsibility very seriously...

Alibaba Group Holding Limited (BABA), Auchan Retail S.A. and Ruentex Group announced a strategic alliance that brings together their online and offline expertise to explore new retail opportunities in China's food retail sector. As part of this strategic alliance, Alibaba Group will invest a total...

Synaptics Inc. (SYNA) disclosed in a regulatory filing that it has implemented and notified impacted employees on November 15, 2017 regarding elimination of approximately 156 employee positions, that will reduce global headcount by approximately seven percent. The company also plans to implement a space...

Volkswagen AG (VKW.L, VLKAF.PK, VOW.BE) announced Saturday that the core brand of the Volkswagen Group will be investing about 22.8 billion euros throughout the world from 2018 to 2022, a day after it announced a spending programme aimed at bolstering its position as a maker of electric cars. Volkswagen...

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