logo

Corporate News

Share

Shares of Avista Healthcare Public Acquisition Corp. (AHPA) gained 5 percent in extended trading after the company agreed to acquire Organogenesis Inc., a regenerative medicine company focused on the development, manufacture and commercialization of product solutions for the Advanced Wound Care, Surgical...

Qutoutiao Inc., a Chinese content-aggregation app, Friday filed for an U.S. initial public offering and plans to raise $300 million by selling American depositary shares. The company plans to list its shares on the Nasdaq under the ticker symbol QTT. It has also appointed Citigroup and Deutsche Bank...

Xtava has issued a voluntary recall of about 235,000 Allure and Allure Pro hair dryers due to a potential risk for fire, burn and electrical shock. The hair dryer and power cord can overheat and catch on fire, posing fire, burn and electrical shock hazards. The recall involves the Allure and Allure...

Chipotle Mexican Grill Inc. (CMG) plans to retrain its entire staff after more than 640 customers got sick after eating at a Chipotle restaurant in Ohio last month. According to CNN, Chipotle CEO Brian Niccol said that starting next week, every Chipotle employee will receive a new training on "food...

google-aug17.jpg Hundreds of Google employees signed a petition protesting the company's secret project to develop a censored version of its search engine for China. In a letter, posted by Buzzfeed and first reported by the New York Times, the employees said that work on the project and Google's return to China raises "urgent moral and ethical issues." Google is trying to keep a foothold in China.

trumpsec-aug17.jpg U.S. President Donald Trump has expressed support for a possible end to quarterly earnings reports for publicly traded companies, saying it would allow greater flexibility and save money.

Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) said that the integration of Monsanto into the Bayer Group can begin following the completion of the divestment by Bayer to BASF of certain Crop Science businesses with a total sales volume of around 2.2 billion euros. Bayer said it already became the sole owner of...

Eisai Inc. (ESALY.PK) and Merck & Co. Inc. (MRK) said that the U.S. Food and Drug Administration approved the kinase inhibitor Lenvima, or lenvatinib, for the first-line treatment of patients with unresectable hepatocellular carcinoma or HCC. This approval was based on results from REFLECT (Study...

Zoe's Kitchen Inc. (ZOES) said Friday that it agreed to be acquired in a transaction by privately held Cava Group, Inc. The combined companies will have 327 restaurants in 24 states throughout the U.S. As per the terms of the agreement, Zoës Kitchen shareholders will receive $12.75 in cash for each...

SJW Group (SJW) said that its Board rejected the revised proposal announced on August 13, 2018, by California Water Service Group (CWT) or "Cal Water" to acquire all outstanding shares of SJW Group common stock for $70.00 per share in cash, a 2.6% increase or a 1.9% increase on an enterprise value basis...

Below are the earnings highlights for ChinaNet Online Holdings Inc. (CNET): -Earnings: -$9.50 million in Q2 vs. -$0.79 million in the same period last year. -EPS: -$0.60 in Q2 vs. -$0.07 in the same period last year. -Revenue: $22.52 million in Q2 vs. $10.50 million in the same period last year.

Deere & Co. (DE) said that it now expects net income attributable to the company for fiscal year 2018 to be about $2.360 billion, net sales and revenues to increase by about 26 percent for fiscal 2018. The company said in May that it expected net income attributable to the company to be about $2.3 billion,...

Regeneron Pharmaceuticals, Inc. (REGN) said that the U.S. Food and Drug Administration or FDA has approved a supplemental Biologics License Application or sBLA for Eylea (aflibercept) Injection in patients with wet age-related macular degeneration or wet AMD. The sBLA was based on second-year data...

Bristol-Myers Squibb Co. (BMY) said that Opdivo (nivolumab) received approval from the U.S. Food and Drug Administration as the first and only Immuno-Oncology treatment option for patients with metastatic small cell lung cancer whose cancer has progressed after platinum-based chemotherapy and at least...

Deere And Co (DE) released a profit for its third quarter that climbed from the same period last year. The company's earnings totaled $910.3 million, or $2.78 per share. This compares with $641.8 million, or $1.97 per share, in last year's third quarter. Excluding items, Deere And Co reported...

Follow RTT