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CarMax Inc. (KMX) announced plans to hire for more than 2,000 positions companywide by the end of the year. The company currently employs more than 24,000 people nationwide. The company said the majority of new and open positions are for sales consultants, technicians, detailers and inventory associates....

Abbott (ABT) announced it has secured U.S. FDA clearance for the Confirm Rx Insertable Cardiac Monitor, a smartphone compatible ICM designed to help physicians remotely identify cardiac arrhythmias. Abbott said it can now provide U.S. patients a new way to monitor for abnormal heart rhythms while staying...

Bank of Hawaii Corp. (BOH) said its board increased the authorization under the share repurchase program by an additional $100.0 million. From October 2 through October 20, 2017 the Company repurchased an additional 44.5 thousand shares of common stock at an average cost of $83.97 per share. Remaining...

Exactech Inc. (EXAC), a developer of orthopaedic implant devices and surgical instrumentation for extremities and large joints, said it agreed to be acquired by TPG Capital, the global private equity platform of alternative asset firm TPG. The transaction values Exatech at $625 million. Exactech's...

Lennox International Inc. (LII) said that it updated fiscal year 2017 guidance for revenue and earnings per share from continuing operations. "Looking ahead for the company overall with the recovery in key regions underway, we are well-positioned to close out a year of record revenue, margin and...

Petmed Express Inc. (PETS) Monday reported a surge in second quarter net profit to $8.760 million from $4.899 million in the prior year. On a per share basis, earnings climbed to $0.43 from $0.24 a year ago. On average, 5 analysts polled by Thomson Reuters expected the company to earn $0.3 per share....

Cisco (CSCO) and BroadSoft (BSFT) announced a definitive agreement, pursuant to which Cisco will acquire BroadSoft Inc. for $55 per share, in cash, an aggregate purchase price of approximately $1.9 billion net of cash assuming fully diluted shares including conversion of debt. Headquartered in Gaithersburg,...

E+S Rück of Hannover Re Group (HVRRF.PK) Monday said it expects modest premium growth in the German market for the upcoming round of treaty renewals as at 1 January 2018. The subsidiary expects improvements in motor insurance, stability in prices for natural catastrophe covers and increase in rates under...

Emerson (EMR) reported that preliminary net sales for the fourth quarter were $4.4 billion increased 13 percent, reflecting the Valves & Controls acquisition and underlying sales growth of 3 percent. Hurricanes Harvey and Irma only moderately affected fourth quarter sales, and the Company expects to...

T-Mobile US Inc. (TMUS) said that it raised and narrowed its fiscal year 2017 Adjusted EBITDA target to a range of $10.8 billion - $11.0 billion, from the prior guidance range of $10.5 billion - $10.9 billion. The Adjusted EBITDA target includes unchanged guidance on leasing revenues of $0.85 - $0.95...

Global Blood Therapeutics, Inc. (GBT) Monday announced the discontinuation of its GBT440 program for the treatment of idiopathic pulmonary fibrosis or IPF. GBT said it intends to make no further investments in additional clinical studies plans to stop further enrollment in any ongoing studies. The...

VF Corp. (VFC), an apparel, footwear and accessories company, on Monday raised its forecast for fiscal 2017, citing strong third-quarter performance. In pre-market activity, VF shares were gaining around 4 percent to trade at $69. For the year, earnings per share on a reported basis is expected...

MannKind Corp. (MNK) and BIOMM SA announced the submission of a registration dossier to ANVISA, seeking the approval of Afrezza (insulin human) inhalation powder in Brazil. The registration dossier includes recently updated prescribing information for Afrezza, incorporating new clinical data describing...

Eli Lilly and Company (LLY) announced plans to invest $72 million in an insulin manufacturing project at one of its Indianapolis facilities. The company said the investment will be used to replace an existing insulin vial filling line and allow Lilly to meet growing demand for its insulins. "This...

Potlatch Corp. (PCH) and Deltic Timber Corp. (DEL) announced a definitive agreement to combine in an all-stock transaction. Deltic stockholders will receive 1.80 common shares of Potlatch stock for each common share of Deltic that they own. Following the close of the transaction, Potlatch stockholders...

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