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NuVasive, Inc. (NUVA) announced U.S. FDA 510(k) clearance of the CoRoent Small Interbody System indicated for intervertebral body fusion at multiple contiguous levels in the cervical spine. The company said this marks the first U.S. clearance for a cervical cage to be used at up to four contiguous levels....

Bombardier Commercial Aircraft announced that Dublin-based regional carrier, CityJet has exercised the four options that were part of a purchase agreement announced on February 1, 2017. That agreement included a firm order for six CRJ900 aircraft and options for four more. Upon delivery, the aircraft...

Paychex Inc. (PAYX) said that it still expects net income for the fiscal year ending May 31, 2017 to increase about 7% and adjusted net income to increase about 8%. Annual payroll service revenue is anticipated to increase in the range of 3% to 4%. HRS revenue is anticipated to increase in the range...

UniFirst Corp. (UNF) said it now expect that its full year 2017 results will come in at the higher ends of previously communicated ranges. Previously it expected full year revenues for fiscal 2017 would be between $1.550 billion and $1.565 billion and full year earnings per share would be between $4.85...

Omnova Solutions Inc. (OMN) Wednesday announced first quarter net profit of $3.6 million compared to loss of $1.1 million last year. On a per share basis, the company recorded $0.08 compared to loss of $0.03 in the previous year. On an adjusted basis, earnings were $0.05 per share. On average, three...

Manulife Financial (MFC, MFC.TO) said that Roy Gori, currently Senior Executive Vice President and General Manager of Manulife's Asia Division, has been appointed the company's President, effective June 5. Gori will have responsibility for Manulife's global operating businesses, reporting to Chief...

International Seaways, Inc. (INSW) reported a net loss for the fourth quarter of 2016 of $57.8 million, or $1.98 per share, compared to net income of $37.6 million, or $1.29 per share in the fourth quarter of 2015. Adjusted EBITDA was $37.5 million for the quarter, a decrease of $33.5 million compared...

Huntsman Corp. (HUN) Wednesday confirmed that the company has numerous options to increase shareholder value following the separation of its Pigments and Additives business. The options include a merger of equals transaction and it will be considering the options carefully. Executive Chairman Jon...

International Game Technology PLC (IGT) said that it has reached a patent cross-licensing agreement with Incredible Technologies, Inc., an emerging Class-III gaming manufacturer focused on delivering compelling video slot, poker and keno content to the modern day casino floor. As per the agreement,...

First Home Bank of Mountain Grove, MO and Stockmens Bank of Colorado Springs, CO announced they have entered into a definitive agreement to merge. Bradley Weaver will continue to be Chairman and CEO of First Home Bank and Robert Alexander will remain Chairman and CEO of Stockmens Bank. Alexander will...

MaxLinear, Inc. (MXL) and Exar Corp. (EXAR) announced a definitive agreement under which MaxLinear has agreed to acquire Exar for $13.00 per share in cash. The total value is approximately $700 million, or $472 million net of Exar's cash acquired. The acquisition will be conducted by means of a tender...

Toshiba Corp. (TOSYY.PK, TOSBF.PK) announced the WEC Group has resolved to file for a voluntary petition for relief under Chapter 11 under the U.S. Bankruptcy Code. WEC Group has received a commitment for Chapter 11 financing in the amount of $800 million during the rehabilitation proceeding, of which...

German auto giant Daimler AG (DDAIF.PK) Wednesday said its shareholders vote on an unchanged dividend of 3.25 euros per share at today's Annual Shareholders' Meeting at the CityCube in Berlin. The AGM will also vote on the proposed candidates for election to the Supervisory Board. The company had...

Tour operator TUI AG (TUIFF.PK, TT.L) Wednesday announced that its Winter 2016/17 and Summer 2017 are trading in line with expectations. The company further said it is reiterating guidance of at least 10% growth in Group underlying EBITA in 2017, at constant exchange rates. Chief Executive of TUI...

Delta Air Lines (DAL) announced Wednesday that it has reached an agreement with Korean Air to implement a joint venture arrangement that will grow trans-Pacific network and boost competition between the U.S. and Asia. The airlines signed a memorandum of understanding to implement a joint venture arrangement,...

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