logo

Breaking News

Share SHARE

Nutritional company USANA Health Sciences, Inc. (USNA) said it will be expanding in four European countries beginning mid-year 2018. The company noted that the new markets - Romania, Germany, Italy and Spain - will increase its global footprint to 24 from 20 markets worldwide. USANA CEO Kevin Guest...

H&E Equipment Services, Inc. (HEES) announced the pricing of $750 million aggregate principal amount of its senior notes due 2025 in an unregistered offering. The Notes will pay interest semi-annually at a rate of 5.625% per annum. The Notes will be senior unsecured obligations of the company and will...

Peabody Energy Corp. (BTU) announced Friday that the underwritten secondary offering of 12.8 million shares of its common stock by certain of its existing stockholders affiliated with Discovery Capital Management, LLC has been priced. Peabody has agreed to repurchase from the underwriter a number...

The Estée Lauder Companies Inc. (EL) announced, for fiscal 2018, net earnings per share before charges associated with restructuring and other activities are projected to be between $3.87 and $3.94. On a constant currency basis, before charges associated with restructuring and other activities, earnings...

Hibbett Sports, Inc. (HIBB) on Friday lowered its fiscal 2018 forecast, citing weak results in the second quarter. In pre-market activity, shares were losing 4.4 percent to $11. For the year, earnings per share are now expected in the range of $1.25 to $1.35, compared with previous guidance of...

Calpine Corp. (CPN) announced a definitive agreement under which Energy Capital Partners along with a consortium of investors led by Access Industries and Canada Pension Plan Investment Board will acquire Calpine for $15.25 per share in cash, or $5.6 billion. The transaction was unanimously approved...

Deere & Company (DE) announced its net sales and revenues are projected to increase about 11 percent for fiscal 2017 with net income attributable to Deere & Company of about $2.075 billion. Company equipment sales are projected to increase about 10 percent for fiscal 2017. Company equipment sales are...

Stada Arzneimittel AG (STDAY.PK, STDAF.PK) reported that Nidda Healthcare Holding AG, the acquiring company of Bain Capital und Cinven, announced the minimum acceptance threshold set by the bidder at 63 percent was reached. The acceptance period ended on August 16, 2017 at midnight. All anti-trust approvals...

Metso Corp. (MXCYY.PK), a Finland-based industrial company, Friday said it will divide its Minerals Services into two business areas, Minerals Services and Minerals Consumables. The new organizational structure will become effective at the beginning of 2018, and the Presidents of the new business...

Reckitt Benckiser Group plc (RBGPF.PK, RB.L) said that it has completed the sale of its Food business, including the French's, Frank's RedHot and Cattlemen's brands, to McCormick & Company Inc. for $4.2 billion, subject to customary adjustments. As previously communicated, RB intends to use the net proceeds...

Chinese PC and mobile maker Lenovo Group Ltd. (LNVGY.PK) reported that its loss attributable to equity holders for the first-quarter ended June 30, 2017 was about US$72 million, compared to profit of US$173 million reported in the corresponding period of last year. Loss per share was US0.66 cents, compared...

Infosys Limited (INFY) said Friday that Vishal Sikka has resigned as the Managing Director and Chief Executive Officer, effective immediately. Meanwhile, U. B. Pravin Rao has been appointed as Interim Chief Executive Officer and Managing Director. The company also said that Sikka has been appointed...

Kirby Corp. (KEX), the nation's largest domestic tank barge operator, Thursday announced that Andrew Smith, Executive Vice President and Chief Financial Officer, has informed the company that he is resigning from his position effective September 7, to accept another opportunity. David Grzebinski,...

Shares of Cisco Systems (CSCO) have climbed off their worst levels of the day but continue to see notable weakness in late-day trading on Thursday.

After an early move to the downside, shares of Wal-Mart (WMT) have climbed well of their worst levels over the course of the trading day on Thursday.

Follow RTT