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Merck & Co. Inc. (MRK) said that it agreed to acquire privately held Antelliq Group from funds advised by BC Partners. Merck said it will make a cash payment of approximately 2.1 billion euros to acquire all outstanding shares of Antelliq and will assume Antelliq's debt of 1.15 billion euros, which...

Lee Enterprises, Inc. (LEE), a provider of news, information and a major platform for advertising in 49 markets, on Friday reported fourth-quarter net income of $4.44 million or $0.07 per share, up from $3.50 million or $0.06 per share in the year-ago period. Adjusted earnings for the quarter were...

Suncor Energy Inc (SU.TO) announced 2019 corporate guidance which includes a capital program of between $4.9 and $5.6 billion and average upstream production of 780,000 to 820,000 barrels of oil equivalent per day. The midpoints of these ranges represent a flat capital spend compared to 2018 and a year...

Albemarle Corp. (ALB) announced the signing of an Asset Sale and Share Subscription Agreement with Mineral Resources for a subsidiary of Albemarle to acquire a 50 percent interest in MRL's Wodgina hard rock lithium project in Western Australia, for a purchase price of $1.15 billion. The companies would...

Western Union Co. (WU), a cross-border, cross-currency money movement, announced Friday that the company entered into a strategic agreement with JD Digits, a digital technology company in China. The companies will join forces to advance digital cross-border money movement and payments for global consumers...

Boeing (BA) said it reached a special milestone as it delivered the 787th 787 Dreamliner, the fastest-selling twin-aisle jet in history. The airplane, which sports a special logo commemorating the production milestone, was delivered to AerCap, the world's largest lessor and 787 customer. The airplane...

Danish biotechnology company Genmab A/S announced Thursday that Janssen Pharmaceutical K.K. has submitted a supplemental new drug application or sNDA in Japan for Daratumumab to use in front line Multiple Myeloma. The submission of the application triggers a milestone payment of $2 million to Genmab...

Apple Inc. (AAPL) reportedly said Chinese ban on sales of the iPhone will force it to settle a long and bitter licensing battle with Qualcomm Inc. Apple was responding to a Chinese court that ruled this week Apple infringed two Qualcomm patents and issued injunctions against the sale of six older...

Qualcomm Inc.(QCOM) and VinSmart, a wholly owned subsidiary of Vingroup, said that they have entered into a Patent Licensing Agreement which covers multimode complete terminals. As per the terms of the Agreement, Qualcomm has granted VinSmart a royalty-bearing patent license to develop, manufacture...

Starbucks Corp. (SBUX) said it launched its first-ever, virtual Starbucks store today in China. It announced long-term growth algorithm delivering double-digit growth in non-GAAP earnings per share. It plans to roll out Nitro Cold Brew in all U.S. company-operated stores in fiscal year 2019. The Chief...

After moving sharply higher early in the sessions, shares of Ciena Corp. (CIEN) have given back some ground but remain firmly positive in late-day trading on Thursday.

Shares of Tailored Brands Inc. (TLRD) continue to see substantial weakness in afternoon trading on Thursday after gapping open sharply lower.

After gapping open sharply higher, shares of General Electric Co. (GE) have pulled back off their best levels of the day but remain firmly positive in afternoon trading on Thursday.

Shares of Aflac Inc. (AFL) have shown a strong move to the upside during trading on Thursday, surging up by 6.3 percent.

ge-servicemax-121318.jpg Shares of General Electric Co. are rising more than 10 percent on Thursday after the industrial conglomerate said it plans to establish a new, independent company focused on building a comprehensive Industrial Internet of Things or IIoT software portfolio. In addition, longtime bearish analyst Stephen Tusa of J.P. Morgan upgraded shares of GE to neutral.

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