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Medical device company St. Jude Medical Inc. (STJ), on Friday said the report from Muddy Waters questioning the safety and security of its cardiac devices were "false and misleading." "We have examined the allegations made by Capital and MedSec on August 25, 2016 regarding the safety and security...

Fashion retailer Guess Inc. (GES) has teamed up with record label Republic Records to co-create Guess Music. The first Guess Music project will launch on Sunday, August 28th with a 24 hour premiere on Guess.com of Republic Records artist Ariana Grande's latest song "Side to Side," featuring Nicki...

Carl Icahn has recently discussed selling his stake in Herbalife Ltd. (HLF) to a group including the company's arch-nemesis William Ackman, the Wall Street Journal reported. Investment bank Jefferies Group LLC has been seeking over the past month to find buyers for Mr. Icahn's 18% stake, which is...

Rackspace Hosting Inc. (RAX) said Friday that it reached a definitive agreement with affiliates of certain funds managed by affiliates of Apollo Global Management, LLC (APO), a global alternative investment manager, to be acquired for $32.00 per share in cash. The transaction has a total value of $4.3...

Williams Companies Inc. (WMB) and Williams Partners L.P. (WPZ) announced that Williams has agreed to purchase in a private placement from Williams Partners approximately 6.975 million common units representing limited partner interests in Williams Partners, for a total purchase price of approximately...

Anheuser-Busch InBev SA/NV or AB InBev (BUD, AHBIF.PK) expects to cut about 3 per cent of the total workforce of the combined Group after its takeover of SABMiller plc (SBMRY.PK, SAB.L). The job reductions will be implemented gradually, in phases, over a three-year period following Completion, according...

Big Lots, Inc. (BIG) announced the company now estimates fiscal 2016 adjusted income from continuing operations to be in the range of $3.45 to $3.55 per share, compared to previous guidance of $3.35 to $3.50 per share. The outlook is based on a comparable store sales increase in the range of 1% to 2%...

French media and music company Vivendi SA (VIVEF.PK) Thursday reported first-half earnings attributable to shareowners of 911 million euros or 0.71 euro per share, down from 1.99 billion euros or 1.46 euro per share last year. Revenues for the first half dropped 1% to 5.04 billion euros from 5.10...

Mylan N.V. (MYL) said that it is taking immediate action to further enhance access to EpiPen (epinephrine injection, USP) Auto-Injector by expanding already existing programs in recognition of those patients who are facing the burden of higher out-of-pocket costs. The company said it is reducing...

MannKind Corp. (MNKD) said that the United States District Court for the Central District of California has dismissed the class action that was pending against MannKind and two of its executives. The court granted the defendants' motion to dismiss the plaintiffs' amended class action complaint without...

Baxter International Inc. (BAX) announced an agreement to provide patients with the latest advancements in peritoneal dialysis, hemodialysis and continuous renal replacement therapy. As per the four-year agreement, Satellite Healthcare plans to offer AMIA Automated Peritoneal Dialysis (APD) system...

Akorn Inc. (AKRX), a specialty pharmaceutical company, announced that it has relaunched Ofloxacin Otic Solution 0.3%, a sterile aqueous anti-infective solution for otic use. Ofloxacin Otic Solution is indicated for the treatment of infections caused by susceptible isolates of the designated microorganisms...

Medical technology and services company Medtronic plc. (MDT) reported Thursday that its first-quarter net income increased 13 percent to $929 million from last year's $820 million. Earnings per share grew 16 percent to $0.66 from $0.57 last year. Adjusted earnings were $1.444 billion or $1.03 per...

Dollar Tree, Inc. (DLTR), North America's leading operator of discount variety stores, announced its consolidated net sales for full-year 2016 are now expected to range between $20.69 billion and $20.87 billion compared to previously expected range of $20.79 billion to $21.08 billion. This estimate is...

Berry Plastics Group, Inc. (BERY) and AEP Industries Inc. (AEPI) Thursday announced a definitive merger agreement under which Berry will acquire AEP in a cash and stock transaction worth $765 million, including AEP's net debt. The deal is expected to be accretive to Berry's adjusted net income and...

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