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Optiv Security, a provider of end-to-end cyber security solutions, and KKR, a investment firm, announced the signing of a definitive agreement under which KKR will acquire a majority stake in Optiv. The company is being acquired from a group of private investors, including a private equity fund managed...

Inogen, Inc. (INGN), a medical technology company, announced Tuesday that its Board of Directors has appointed Scott Wilkinson as its President and Chief Executive Officer, effective March 1, 2017. Wilkinson will also join the Board of Directors on January 1. He will succeed Raymond Huggenberger,...

Philip Morris International Inc. (PM) announced it has submitted a Modified Risk Tobacco Product or MRTP application on Monday for its electronically heated tobacco product with the U.S. Food and Drug Administration's Center for Tobacco Products. The application is consistent with the company's stated...

CEMEX S.A.B. de C.V. (CX) said that it will be able to meet its US$1.5 billion to US$2 billion 2017 asset disposal target ahead of schedule. Year to date, CEMEX has announced divestments of close to US$2 billion, about half of which have been completed and the rest are expected to close by early next...

Noble Midstream Partners LP (NBLX) announced the company expects fourth-quarter net income of $34 - $37 million, and EBITDA of $36 - $40 million, or attributable to the Partnership of $26 - $29 million. Distributable Cash Flow is expected to be in the range of $24 - $27 million. For the fourth-quarter,...

GoDaddy Inc. (GDDY) said Tuesday that it agreed to acquire Host Europe Group for 1.69 billion euros or US$1.79 billion, including 605 million euros paid to the selling shareholders and 1.08 billion euros in assumed net debt. The purchase price represents about 11x HEG's 2016 estimated adjusted EBITDA...

Toll Brothers, Inc. (TOL), the nation's leading builder of luxury homes, announced the company expects first-quarter deliveries of between 1,000 and 1,250 units with an average price of between $750,000 and $780,000. Toll Brothers expects fiscal 2017 deliveries of between 6,500 and 7,500 units with an...

Novartis AG (NVS) announced results from Phase III open-label, randomized, active-controlled, multi-center ASCEND-4 study, which found that patients with anaplastic lymphoma kinase-positive advanced non-small cell lung cancer treated with first-line Zykadia (ceritinib) had a median progression-free survival...

Hyundai Motor Company (HYMLF.OB, HYMTF.OB) reported unit sales of 472,052 units for the month of November, up 4.4% from prior year. Overseas unit sales increased 7.3% while Domestic sales were down 13.1%. For the year-to-date period, total unit sales were down 1.9% to 4,363,181 units. Overseas sales...

Teva Pharmaceutical Industries Ltd. (TEVA) said that it has received a positive outcome through the variation procedure to remove the pregnancy contraindication from the European label for COPAXONE (glatiramer acetate injection) 20 mg/mL. The product was originally authorized through a decentralized...

Ashtead Group Plc. (AHT.L), an equipment rental company, reported Tuesday that its second-quarter profit before taxation increased 14 percent to 235.4 million pounds from last year's 176.5 million pounds. Earnings per share were 30.9 pence, 13 percent higher than 23.4 pence a year ago. Underlying...

Wolseley plc (WOSCF.PK, WOS.L, WOSYY.PK) reported first-quarter revenue of 4.37 billion pounds for the 3 months to 31 October 2016, 5.2% ahead of last year at constant exchange rates, including like-for-like growth of 1.8%. The Group reported first-quarter trading profit of 303 million pounds, up 1.4%...

Low-cost airline easyJet Plc (ESYJY.PK, EZJ.L) reported Tuesday that passengers, or the number of earned seats flown, in the month of November increased 2.9 percent to 4.95 million passengers from 74.81 million passengers in the same month last year. For the month, load factor, which stands for the...

Nidec Corp. (NJDCY.PK) said that it has acquired full ownership of Canton Elevator Inc., a privately owned US company, from its owners through the Company's subsidiary, Nidec Motor Corporation based in St. Louis, Missouri, U.S. on December 5, 2016. The company expects Canton to expand Nidec's EDS...

Under Armour (UA), Fanatics and Major League Baseball announced a 10-year partnership, marking Under Armour's first-ever professional league uniform deal. Beginning in the 2020 MLB season, Under Armour will be the exclusive MLB provider of all on-field uniform components including jerseys featuring prominent...

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