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walmart-shipping-102318.jpg Walmart Inc. is expanding two-day shipping and in-store returns to millions of items sold by third-party sellers on its website, just ahead of the busy holiday shopping season. The company noted that these major improvements to its marketplace will begin to roll out in November. The free two-day shipping will be available on orders over $35.

Lloyds Banking Group (LLOY.L, LYG) and Schroders plc (SDRC.L, SDR.L) said that they entered into a strategic partnership to create a wealth management proposition. The partnership will combine Lloyds' significant client base, multi-channel distribution and digital capabilities with Schroders' investment...

Amazon Business announced the launch of new Business Prime benefits for businesses of all sizes in the United States, Germany and Japan. In the United States, members can choose 5% Back or 90-Day terms on eligible purchases with the new Amazon Business American Express Card, request Extended Terms for...

Avis Budget Group, Inc. (CAR) announced an agreement with Ford Commercial Solutions to connect more than 35,000 Ford Motor Company vehicles in the company's U.S. fleet. Ford Commercial Solutions is providing an embedded telematics solution called Ford Data Services, which offers a simplified and efficient...

Thomson Reuters (TRI.TO, TRI) announced a definitive agreement to acquire Integration Point, a provider of global trade management products. Thomson Reuters said the acquisition complements its ONESOURCE global tax compliance operations and expands its commitment to software and cloud-based offerings....

Bain Capital LP and Pfizer Inc. (PFE) announced the creation of Cerevel Therapeutics, LLC, a new biopharmaceutical company focused on developing drug candidates to treat disorders of the central nervous system or CNS. Pfizer is contributing a portfolio of pre-commercial neuroscience assets to Cerevel,...

verizon-oct23.jpg Verizon Communications Inc. (VZ) reported a profit for the third-quarter 2018 that increased 36.0 percent from last year. Total operating revenues rose 2.8 percent from last year. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. It is on track to deliver against a goal to achieve $10 billion in cumulative cash savings by 2021.

Flagstar Bancorp Inc. (FBC) released a profit for its third quarter that increased from the same period last year. The company's bottom line came in at $48 million, or $0.83 per share. This compares with $40 million, or $0.70 per share, in last year's third quarter. Excluding items, Flagstar Bancorp...

Boston Scientific Corp (BSX) said Tuesday that the District Court of Dusseldorf, Germany has determined that Edwards Lifesciences Corp.'s (EW) Sapien 3 Ultra device infringed a patent specific to the fabric used on the valve seal, specifically the German part of European Patent EP 2 949 292 B1. The patent...

Synovus Financial (SNV) reported earnings for its third quarter that climbed from last year. The company's profit came in at $99.33 million, or $0.84 per share. This compares with $95.45 million, or $0.78 per share, in last year's third quarter. Excluding items, Synovus Financial reported adjusted...

McDonald`s Corp. (MCD) revealed earnings for third quarter that dropped from last year. The company's profit came in at $1.64 billion, or $2.10 per share. This compares with $1.88 billion, or $2.32 per share, in last year's third quarter. Analysts had expected the company to earn $1.99 per share,...

Paccar Inc. (PCAR) announced earnings for its third quarter that increased from last year. The company's profit totaled $545.3 million, or $1.55 per share. This compares with $402.7 million, or $1.14 per share, in last year's third quarter. Analysts had expected the company to earn $1.51 per...

Corning Inc. (GLW) reported third-quarter core earnings per share of $0.51 compared to $0.40, last year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.49 for the quarter. Analysts' estimates typically exclude special items. Third-quarter core...

NextEra Energy Partners LP (NEP) released earnings for its third quarter that climbed from the same period last year. The company's bottom line came in at $33 million, or $0.58 per share. This compares with $1 million, or $0.01 per share, in last year's third quarter. Analysts had expected the...

Cat Financial, a unit of Caterpillar Inc. (CAT) reported a 45 percent surge in profit for the third quarter from last year on higher revenues. The company's third-quarter net income was $125 million, up 45 percent from $86 million in the year-ago period. Profit before income taxes for the quarter...

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