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Square, Inc. (SQ) announced it has acquired certain assets of Zesty, a catering platform. The company said the addition of Zesty will enable Caviar, Square's food ordering platform, to strengthen and scale its growing corporate ordering business, Caviar for Teams. The company said, with Zesty, Caviar's...

EastGroup Properties, Inc. (EGP) announced, for 2018, the company now estimates FFO per share attributable to common stockholders to be in the range of $4.51 to $4.61. The company's initial guidance for 2018 was $4.50. First-quarter funds from operations was $1.16 per share compared to $0.99, last...

Mattel, Inc. (MAT) announced its Board has named Ynon Kreiz, a director since June 2017, as CEO effective April 26, 2018. Margo Georgiadis, who became Mattel's CEO in February 2017, has informed the Board of her decision to step down from her executive and Board roles to pursue a new opportunity in the...

After coming under pressure early in the session, shares of Philip Morris (PM) continue to see substantial weakness in late-day trading on Thursday.

Shares of Bank Of New York Mellon (BK) have shown a strong move to the upside during trading on Thursday, jumping by 4.6 percent.

Responding to recent press speculation, Allergan Plc. confirmed Thursday that it is in the early stages of considering a possible offer for Shire plc (SHP.L, SHPG). No offer has been made. There can be no certainty an offer will be made nor as to the terms on which any such offer would be made. As...

While reporting its first-quarter financial results today, Nucor Corp. (NUE) said it expects earnings in the second quarter of 2018 to increase significantly compared to the preceding first quarter of 2018. Nucor noted that steel mill metal margins and profits in March were by far the strongest in...

American International Group, Inc. (AIG) announced the authorisation of new insurance companies in the United Kingdom and Luxembourg that will see all business transferred to the new entities ahead of the UK leaving the European Union. The restructure involves the transfer of AIG Europe Limited's existing...

Responding to recent press speculation, Japan's Takeda Pharmaceutical Co. Ltd. (TKPYY.PK) confirmed that on April 12 it made a revised proposal to the Board of Shire plc (SHP.L, SHPG) to acquire Shire for 46.50 pounds per share. But, Takeda said it was subsequently notified that the Board of Shire had...

Apparel retailer Guess Inc. (GES) and Italian luxury brand Gucci said that the two companies have signed an agreement which will result in the conclusion of all pending IP litigations and trademark office matters worldwide. The terms of the agreement remain confidential. The companies noted that the...

Argos Therapeutics, Inc. (ARGS) reported interim results from its randomized, active controlled, open-label, multi-center Phase 3 ADAPT trial of Rocapuldencel-T in combination with sunitinib/standard-of-care for the treatment of newly diagnosed metastatic renal cell carcinoma. Based on the results, the...

W.W. Grainger Inc. (GWW) said that it increased its sales and earnings per share guidance for fiscal year 2018. "We remain confident that the strategic actions we are executing in the United States and Canada are helping us create a stronger business. Based on the encouraging results we're seeing....

Alliance Data Systems Corp. (ADS) Thursday reported first quarter net income of $164 million, up 12 percent from the prior year. On a per share basis, earning climbed 14 percent to $2.95 from $2.58 a year ago. Non-GAAP core earnings were $4.44 per share. On average, 23 analysts polled by Thomson...

Pier 1 Imports, Inc. (PIR) said it will host an Analyst Day today to provide a detailed view of its "Pier 1 2021: A New Day" three-year strategic plan and discuss the company's financial outlook. The company forecast net loss for the first quarter and fiscal 2019 as a result of its investments in the...

Blackstone Group L.P. (BX) reported that its net income attributable to the company for the first quarter 2018 declined to $367.87 million from the prior year's $451.91 million, with net income per unit decreasing to $0.53 from $0.68 last year. Stephen Schwarzman, Chairman and Chief Executive Officer,...

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