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Merrimack Pharmaceuticals, Inc. (MACK) announced Monday that ONIVYDE regimen has received positive CHMP opinion in European Union. The Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA has issued a positive opinion for ONIVYDE (irinotecan liposome injection),...

G-III Apparel Group, Ltd. (GIII) and LVMH Moët Hennessy Louis Vuitton announced they have entered into a definitive agreement under which G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650...

Ericsson (ERIC) announced Hans Vestberg resgined as President and CEO and member of the Board, with immediate effect. Jan Frykhammar, Executive Vice President and CFO, will assume the CEO position until a new CEO is in office. Carl Mellander, currently VP & Group Treasurer, is appointed acting CFO with...

Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported that its net income attributable to shareholders for the second-quarter significantly increased to 420 million euros or 0.46 euros per share from 272 million euros or 0.30 euros per share in the same quarter last year. The...

Cement giant LafargeHolcim (HCMLY.PK, HCMLF.PK) announced Monday that it has signed an agreement with Siam City Cement Public Company Limited for the divestment of its interest in Holcim Lanka for an enterprise value of $400 million. Holcim Lanka operates one integrated plant and one grinding plant...

Ryanair Holdings plc (RYA.L, RYAAY) reported that its first-quarter profit to equity holders of parent increased year-over-year to 255.5 million euros from 245.1 million euros. Earnings per share in euro cent was 19.90 compared to 17.81. Total operating revenues from continuing operations were up...

Swiss private banking group Julius Baer Group Ltd. (JBAXY.PK, JBARF.PK) reported Monday that its first-half net profit attributable to shareholders, on IFRS basis, climbed 828 percent to 362 million Swiss francs, and earnings per share grew 834 percent to 1.66 francs. After considering non-controlling...

Ford Motor Company (F) Monday said it is expanding its SYNC 3 connectivity platform, allowing compatibility of Apple CarPlay and Android Auto, throughout its entire 2017 U.S. vehicle lineup of cars, SUVs, light trucks and electrified vehicles. Using its platform-centric approach, Ford has been able...

Hanover Insurance Group, Inc. (THG) announced the estimated impact of catastrophe and large loss activity, as well as the impact of foreign exchange movements, on second-quarter results at its Chaucer segment. The company expects the segment to produce an estimated second-quarter combined ratio in the...

Nightingale Informatix Corp. (NGH.V) said it has agreed to sell its Canadian assets required to serve the company's Canadian customers to Telus Health, Canada's largest health IT company and a unit of Telus Corp. (T.TO, TU). The transaction is for a purchase price of C$14 million as well as the assumption...

Islamic State group claimed responsibility for a deadly attack on a protest march in Afghanistan on Saturday that killed at least 80 people and wounded another 231, officials said. The death toll is likely to rise as the condition of many of the injured is very serious. A suicide bomber detonated...

Belgian food retailer Delhaize Group (DEG) announced Saturday that it has completed the merger with Dutch supermarket chain Koninklijke Ahold NV (AHONY.PK, AHODF.PK) after receiving regulatory clearance from the United States Federal Trade Commission or FTC. The merger deed was signed today by Delhaize...

India stepped up a major search and rescue operation for a military plane that went missing over the Bay of Bengal on Friday with 29 people on board. The officials have no indication of what happened to the aircraft, and yet to find any sign of wreckage. The Indian Air Force's AN 32 transport plane...

At least 87 people died and many still missing after heavy rains caused flooding in many parts of China, officials said Saturday. The worst-hit area was Hebei province in northern China, where at least 72 people were killed. In the region, an additional 78 people were still missing as of Saturday...

HMN Financial, Inc. (HMNF), the holding company for Home Federal Savings Bank, reported late Friday that its second-quarter net income was $1.5 million, an increase from $0.6 million last year. Earnings per share were $0.31, higher than last year's $0.13. The increase in net income was due primarily...

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