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Accenture (ACN) announced, in May 2017, the company expects to record a principally non-cash settlement charge of approximately $425 million, pre-tax, in connection with the termination of its U.S. pension plan. This settlement charge will reduce the company's fiscal 2017 GAAP EPS by approximately $0.39....

German defense contractor Rheinmetall AG (RNMBF.PK) on Thursday said it again expects fiscal 2017 sales to continue growing organically and operating earnings to increase further in both of its corporate sectors, Automotive and Defence. Annual Group sales are expected to grow organically by 4% to...

Vedanta Resources plc (VED.L) Thursday said that the merger with its subsidiary Vedanta Ltd. with Cairn India Ltd. was approved by the National Company Law Tribunal. The Mumbai bench of the tribunal approved the scheme of arrangement between Vedanta Limited and Cairn India Limited, and their respective...

Leoni (LEOGN), the leading European provider of cables and cable systems to the automotive sector and other industries, announced, for the current year, the company projects sales of about 4.6 billion euros, equating to growth of approx. 5 percent, as well as significantly improved consolidated EBIT...

Superior Industries International, Inc. (SUP) announced it will commence a tender offer for 100% of the outstanding shares of UNIWHEELS AG on March 23, 2017. The owner of 61% of UNIWHEELS' outstanding shares, UNIWHEELS Malta, has irrevocably agreed to tender its shares. UNIWHEELS Malta will receive cash...

Freenet AG (FRAGF.PK) announced the company's Executive Board has confirmed the preliminary figures announced on 02 March 2017 in full. According to this, the company said it has reached respectively exceeded all targets communicated for financial year 2016. Fiscal 2016 Group EBITDA increased significantly,...

BASF (BFA.L, BASFY.PK) announced the company and Stahl Group have signed an agreement to combine BASF's leather chemicals business with Stahl. BASF will receive a 16% minority stake in the Stahl Group. The transaction comprises BASF's global leather chemicals business, as well as the leather chemicals...

Alcon, a division of Novartis, announced it has received approval from the US FDA for its AcrySof IQ ReSTOR +2.5 Multifocal Toric intraocular lens with ACTIVEFOCUS optical design for patients undergoing cataract surgery who choose to address their astigmatism and presbyopia at the same time. Alcon plans...

Professional kitchen specialist Rational AG (RTLLF.PK) reported Thursday that its fiscal 2016 profit after taxes increased 4 percent to 127.1 million euros from last year's 121.8 million euros. Earnings per share grew to 11.18 euros from 10.71 euros last year. Earnings before interest and taxes or...

MorphoSys AG (MPSYY.PK) announced that Marlies Sproll, Chief Scientific Officer, will be on temporary leave for family matters as of April 15, 2017. The Group said, Sproll continues to be a member of the Executive Board and will return to her CSO role as soon as circumstances will allow. The Supervisory...

Beverage filling and packaging company Krones AG (KRNTY.PK, KRNNF.PK) on Thursday said its Executive Board and the Supervisory Board will propose to the annual general meeting on June 20 that a dividend of 1.55 euros per share be paid out for the 2016 financial year. That is a year-on-year increase of...

Wal-Mart Stores Inc. (WMT) on Thursday said that its subscription-free, premium video streaming service Vudu has launched the first mobile offering to convert DVDs and Blu-rays into digital libraries, right from a customer's phone. Mobile Disc-to-Digital is available beginning March 23. It turns DVDs...

After falling sharply early in the session, shares of Sears Holdings (SHLD) continue to see significant weakness in afternoon trading on Wednesday.

Shares of Duluth Holdings (DLTH) have pulled back well off their best levels of the day but remain firmly positive in afternoon trading on Wednesday.

After showing a substantial decline in the previous session, shares of Bebe Stores (BEBE) are regaining some ground during trading on Wednesday.

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