logo

Breaking News

Share

Walgreens Boots Alliance Inc. (WBA) has agreed to pay $269.2 million to settle lawsuits that accused the company of civil fraud for overbilling federal healthcare programs. The "qui tam" action, unsealed by the court on Tuesday, resolves allegations that Walgreens knowingly engaged in fraudulent conduct...

Abbott Laboratories (ABT) said it expects first-quarter 2019 earnings per share from continuing operations under GAAP of $0.25 to $0.27. Abbott forecasts specified items for the first quarter 2019 of $0.35 per share primarily related to intangible amortization, acquisition-related expenses, cost reduction...

While reporting its fourth-quarter results on Wednesday, Kimberly-Clark Corp. (KMB) said it is introducing K-C Strategy 2022 as the company looks ahead to its 150-year anniversary in 2022. The company noted that the plan's objectives are to deliver balanced and sustainable growth and to create shareholder...

proctorandgample-jan23.jpg Consumer goods giant Procter & Gamble Co. on Wednesday reported a 28 percent increase in profit for the second quarter from last year, when results were impacted by a charge related to the U.S. tax reform. Both revenue and core earnings per share for the quarter beat analysts' estimates. Looking ahead, the company affirmed its outlook for fiscal 2019 earnings.

Waters Corp. (WAT) announced it expects full-year 2019 constant currency sales growth in the range of 4% to 6%. The company also expects full-year 2019 non-GAAP earnings per fully diluted share in the range of $9.20 to $9.45. Waters Corp. expects first quarter constant currency sales growth in the...

Synchrony (SYF) announced an extension of its strategic partnership with Sam's Club, a segment of Walmart Inc. (WMT), to continue offering Club members enhanced financing options through the Sam's Club-branded credit cards. As part of the extension, Synchrony will continue to manage and service the...

Boeing (BA) said that it successfully completed the first test flight of its autonomous passenger air vehicle or PAV prototype in Manassas, Virginia. Boeing NeXt, which leads the company's urban air mobility efforts, utilized Boeing subsidiary Aurora Flight Sciences to design and develop the electric...

Merck & Co., Inc. (MRK) on Wednesday signed a strategic collaboration agreement today with Tencent Holdings Ltd. (TCEHY.PK), a provider of Internet value added services in China. The collaboration will primarily focus on increasing public disease awareness and providing more accessible healthcare services...

Shares of Heidelberger Druckmaschinen AG (HBGRF.PK) climbed around 20 percent in the morning trading in Germany after the precision mechanical engineering company announced Wednesday that it has signed an investment agreement with China-based Masterwork Group Co., Ltd.. Tianjin-based Masterwork intends...

CNOOC Limited (CEO, CNU.TO) on Wednesday announced its business strategy and development plan for the year 2019. The company's net production target for 2019 is 480 million to 490 million barrels of oil equivalent or BOE, of which, production from China and overseas accounts for approximately 63%...

Biohaven Pharmaceutical Holding Company Ltd. (BHVN) announced the U.S. Food and Drug Administration has notified the Company that it may proceed with its clinical investigation of BHV-3241, a novel myeloperoxidase or MPO inhibitor, which Biohaven is developing as a potential treatment for multiple system...

Great Portland Estates plc. (GPOR.L) on Wednesday issued a trading update for the quarter to 31 December 2018. The company said it signed sixteen new lettings totaling 51,400 sq ft, generating annual rent of 4.3 million pounds, of which the company's share was 4.1 million pounds. Market lettings were...

Vodafone Group Plc (VOD.L, VOD) announced Vodafone Limited and Telefónica UK Limited have entered into non-binding heads of terms intended to strengthen their existing network sharing partnership. Vodafone Limited and Telefónica UK plan to extend the existing network sharing partnership term and include...

British pub operator JD Wetherspoon Plc. (JDW.L) Wednesday reported total sales growth of 8.3 percent for the first twelve weeks of the second quarter, with like-for-like sales growth of 7.2 percent. For the year to date period of 25weeks to January 20, 2019 total sales rose 7.2 percent and like-for-like...

Packaging company RPC Group PLC (RPC.L) announced Wednesday that it has reached agreement on the terms of a recommended offer of 3.323 billion pounds from Private-equity giant Apollo Global Management LLC (APO). As per the deal, Apollo, through Rome UK Bidco Limited, will buy RPC Group for 782 pence...

Follow RTT