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Daimler (DDAIF.PK) said it is taking the next step towards securing its CASE corporate strategy. It purchased battery cells for more than 20 billion euros. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars said, "Our electric offensive continues to gain...

Freenet AG (FRAGF.PK) announced it has successfully extended syndicated bank loan (in place since March 2016) until at least November 2023. The volume has been increased to 910 million euros, and consists of an amortizing loan of 610 million euros due upon final maturity and also a revolving credit facility...

Carpet and floor coverings retailer Carpetright Plc. (CPR.L) reported Tuesday that its loss before tax for the first half of fiscal 2019 was 11.7 million pounds, compared to last year's loss of 0.6 million pounds. Basic loss per share was 4.8 pence, compared to loss of 1.8 pence a year ago. Underlying...

Electra Private Equity Plc. (ELTA.L) reported that its preliminary loss on ordinary activities after taxation attributable to owners of the Group for the full Year ended 30 September 2018 was 50 million pounds or 131.01 pence per share compared to profit of 172 million pounds or 445.83 pence per share...

Ashtead Group plc (AHT.L) reported statutory profit before tax of 610 million pounds compared to 493 million pounds, prior year. Earnings per share was 94.7 pence compared to 64.2 pence. Underlying profit before tax increased to 633 million pounds from 537 million pounds, previous year. Underlying earnings...

Advertising giant WPP Group plc (WPP.L, WPPGY) on Tuesday announced the results of its strategic review, setting out a new three-year plan to return the business to growth. WPP noted that its strategy reflects new vision incorporates a simpler, improved offer designed to capture the opportunities...

Copper producer Aurubis AG (AIAGY.PK, AIAGF.PK) reported that its net income attributable to shareholders for fiscal year 2017/18 declined to 290.25 million euros from 350.88 million euros last year. Consolidated net income from continuing operations were 263 million euros, down from 318 million...

Yamaha Motor Co. Ltd. (YAMHF.PK) said Tuesday that it has formulated its long-term vision until 2030, and a new Medium-term Management Plan for the three-year period starting in 2019. For its long-term vision, Yamaha Motor said it has created the slogan "ART for Human Possibilities" and devised a...

pharma-dec11.jpg Today's Daily Dose brings you news about Axovant's disappointing phase II trial in REM sleep behavior disorder; progress in Axsome Therapeutics' ADVANCE-1 study of Alzheimer's; Menlo Therapeutics' promising results from phase II trial of Serlopitant in pruritus associated with psoriasis, and Ra Pharma's generalized myasthenia gravis study results.

Dr. Reddy's Laboratories Ltd. (RDY) announced the launch of Omeprazole Delayed-Release Tablets, 20 mg, an over-the-counter (OTC) store-brand equivalent of Prilosec OTC Tablets, 20 mg, in the United States market. OTC Omeprazole Delayed-Release Tablets, 20 mg, is a proton pump inhibitor used to treat...

Delta said that it is updating its service and support animal policy, effective December 18. The enhancements introduce a ban on service and support animals under four months of age regardless of flight length as well as a ban on emotional support animals on flights longer than eight hours. "We will...

Under Armour Inc. (UA) ousted two sports-marketing executives who were longtime associates of Chief Executive Officer Kevin Plank, after the apparel brand conducted an internal review of their department's spending, the Wall Street Journal reported citing people familiar with the matter. Ryan Kuehl,...

Responding to Starboard Value's press release, Cars.com Inc. (CARS) said that it is are committed to acting in the best interests of the company and its stakeholders to enhance shareholder value. The company noted that its business strategy is intended to realize ambitious goals and enhance value...

Linde Intermediate Holding AG informed the Executive Board of Linde AG of an increase of the cash compensation to be paid in the context of the envisaged cash merger squeeze-out of 1.22 euros to 189.46 euros per Linde AG share. The increase follows from adjustments based on current information regarding...

The Supervisory Board of Aurubis Ag (AIAGY.PK, AIAGF.PK) passed a resolution in regular meeting stating that Executive chairman Jürgen Schachler, who will turn 65 at the end of July 2019, will leave the company when his contract expires on June 30, 2019. The company said, "Schachler has made an important...

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