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AbbVie (ABBV), in cooperation with Neurocrine Biosciences, Inc. (NBIX) announced that the Phase 3 ELARIS UF-I study of elagolix met its primary endpoint. The company said the results from the first of two pivotal Phase 3 studies demonstrated at month six that elagolix, in combination with low-dose hormone...

HOCHTIEF (HOCFF.PK) reported that its 2017 net profit increased 31.3% to 420.7 million euros from 320.5 million euros, prior year, with the Americas, Asia Pacific and Europe divisions all contributing to the positive profit development. Earnings per share was 6.55 euros compared to 4.98 euros. Operational...

Celgene Corp. (CELG) announced that the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the previously announced tender offer by Celgene's wholly owned subsidiary, Blue Magpie Corporation, for all issued and outstanding shares of common stock of...

JPMorgan Chase (JPM) said that it plans to pursue building a new 2.5 million square foot headquarters at its 270 Park Avenue location in New York City. The building would be the first major project under the City's innovative Midtown East Rezoning plan, passed in 2017, that fosters modern office construction...

Lydall, Inc. (LDL) said that Randall Gonzales, 46, has been appointed Executive Vice President and Chief Financial Officer of Lydall, Inc. The appointment is effective upon the commencement of his employment with Lydall, which will be on or before March 12, 2018. Gonzales will join Lydall from his...

While reporting its fourth-quarter financial results today, marketing solutions provider Quad/Graphics, Inc. (QUAD) said it has acquired Ivie & Associates, a marketing services provider and one of the Inc. 5000 fastest-growing privately held companies in the country. The company noted that the business...

Garmin Ltd. (GRMN) announced the company currently expects, for fiscal 2018, pro forma EPS will be approximately $3.05. The company currently expects 2018 revenue of approximately $3.2 billion as growth in marine, outdoor and aviation is partially offset by ongoing declines in the PND market. Fourth-quarter...

Advance Auto Parts Inc. (AAP) said that it expects total net sales to be in the range of $9.10 billion - $9.40 billion, and comparable store sales decrease 2.0% to flat for fiscal year 2018. Analysts polled by Thomson Reuters expect the company to report revenues of $9.54 billion for fiscal year 2018....

EQT Corp. (EQT) announced its Board has unanimously approved a plan to separate its upstream and midstream businesses, creating a standalone publicly traded corporation that will focus on midstream operations. EQT shareholders will retain their shares of EQT stock and receive a pro-rata share of the...

Drugs major Merck (MRK) announced Wednesday a definitive agreement to acquire Viralytics Limited (VLA.AX, VRACY), an Australian company focused on oncolytic immunotherapy treatments for a range of cancers. The acquisition will be by way of a scheme of arrangement for A$1.75 cash per Viralytics share....

Spanish utility Iberdrola (IBDSF.PK) Wednesday reported that its net profit for the full year rose 3.7 percent to 2.804 billion euros, reflecting the impact of the fiscal tax reform in the United States. Consolidated EBITDA for the year slid by 7.8% to 7.318 billion, impacted by negative effect of...

MTU Aero Engines AG (MTUAY.PK) reported Wednesday that its fourth-quarter net income increased to 84.5 million euros from last year's 70.2 million euros. Earnings per share grew to 1.61 euros from 1.37 euros last year. Adjusted net income was 108.7 million euros, compared to 72 million euros last...

Fidessa Group plc (FDSA.L) and Temenos Group AG (TMNSF.PK) said that their boards have reached an agreement on the terms of a recommended all-cash acquisition by Temenos, through its wholly-owned subsidiary, Temenos Bidco, of the entire issued and to be issued ordinary share capital of Fidessa. Under...

Hochschild Mining PLC (HOC.L) reported Wednesday that its fiscal 2017 profit attributable to equity shareholders of the company was $41.56 million, down from $45.55 million a year ago. Basic earnings per share declined to $0.08 from $0.09 last year. Profit before income tax was $64.1 million, down...

Lloyds Banking Group plc (LLOY.L, LYG) reported Wednesday that its fiscal 2017 profit before tax climbed 24 percent to 5.28 billion pounds from last year's 4.24 billion pounds. Earnings per share climbed 51 percent to 4.4 pence. Underlying profit was 8.49 billion pounds, 8 percent higher than 7.87...

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