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Shares of Fitbit (FIT) have come under pressure during trading on Thursday, with the wearable fitness device maker currently slumping by 8.7 percent.

The Progressive Group of Insurance Companies plans to fill more than 1,300 roles by the end of 2016. They include IT and analyst roles, as well as customer care and claims roles across the country. In addition to IT and analyst roles, Progressive is hiring for key roles in inbound sales and customer...

Ford Motor Company (F) said that it appointed Rajendra "Raj" Rao as chief executive officer of Ford Smart Mobility LLC, Ford's subsidiary working to design, build, grow and invest in emerging mobility services. Rao will report to Jim Hackett, Ford Smart Mobility LLC chairman, and be based in Palo Alto,...

Allergan plc (AGN) issued a statement regarding ongoing litigation on patents related to NAMENDA XR extended release capsules following announcement of FDA final ANDA approval by Lupin. "One of the licensed patent families covering Namenda XR has been held invalid by the Federal District Court for...

International Speedway Corp. (ISCA) announced its Executive Vice President, CFO and Treasurer Daniel Houser will retire effective November 30, 2016. Houser will be succeeded by Gregory Motto effective December 1, 2016. Houser will remain as an advisor to the company through 2017. Motto currently serves...

Intuitive Surgical Inc. (ISRG) and Shanghai Fosun Pharmaceutical (Group) Co., Ltd. announced a joint venture to research, develop, manufacture and sell robotic-assisted catheter-based medical devices. The companies will contribute up to $100 million as required by the joint venture, an arrangement...

Viacom Inc. (VIAB, VIA) announced its board has received a letter from National Amusements requesting that it explore a potential combination of Viacom and CBS (CBS-A, CBS). National Amusements, directly and through subsidiaries, owns approximately 80% of the voting shares of both Viacom and CBS and...

CVS Health (CVS) announced it has expanded access to the opioid overdose-reversal drug naloxone in Alabama, Alaska, Illinois, Missouri and West Virginia, allowing CVS Pharmacy patients to access the medication without an individual prescription. Pharmacists in the five states began dispensing the medication...

American Eagle Outfitters Inc. (AEO) said it has appointed Bob Madore as executive vice president and chief financial officer, effective October 28, 2016. He will report to Chief Executive Officer, Jay Schottenstein. In this role, Madore will oversee all aspects of Finance, Merchandise Planning and...

Hormel Foods Corp. (HRL) said that it has appointed James Splinter as group vice president, corporate strategy. In this new role, Splinter will have responsibility for leading the company's strategic growth areas including innovation, corporate development and strategy, consumer insights and building...

Kirkland Lake Gold Inc. (KLG.TO) and Newmarket Gold Inc. (NMI.TO) announced they have entered into a definitive agreement to merge the two companies, creating a new mid-tier gold company. Existing Kirkland Lake Gold and Newmarket shareholders will own approximately 57% and 43% of the combined company,...

McDonald's (MCD) Board declared a quarterly cash dividend of $0.94 per share of common stock payable on December 15, 2016 to shareholders of record at the close of business on December 1, 2016. This represents a 6% increase over the previous quarterly dividend and brings the fourth quarter dividend payout...

ConAgra Foods, Inc. (CAG) reported reported first-quarter adjusted EPS from continuing operations of $0.61, compared to $0.41 in the year-ago period, an increase of 49%. On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.48 for the quarter. Analysts'...

Stein Mart Inc. (SMRT), a retailer of fashion, accessories and home décor, announced Thursday that Dawn Robertson has resigned as Chief Executive Officer and as a director, effective September 27. She has also performed the duties of the chief merchandising officer. The company appointed Hunt Hawkins,...

Amgen (AMGN) and Arrowhead Pharmaceuticals Inc. (ARWR) announced two license and collaboration agreements to develop and commercialize RNA interference or RNAi therapies for cardiovascular disease. These are the first programs to utilize Arrowhead's proprietary subcutaneous RNAi delivery platform. RNAi...

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