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British drug major AstraZeneca (AZN.L, AZN) announced Monday that the US Food and Drug Administration or FDA has approved Lokelma (sodium zirconium cyclosilicate), formerly ZS-9, for the treatment of adults with hyperkalaemia. It is a serious condition characterised by elevated potassium levels in...

AstraZeneca PLC (AZN.L, AZN) announced the company has submitted a supplemental new drug application to Japan's Pharmaceuticals and Medical Devices Agency for the use of Forxiga (dapagliflozin), a selective sodium-glucose co-transporter 2 inhibitor, as an oral adjunct treatment to insulin in adults with...

Metso Corp. (MXCYY.PK), a Finland-based industrial company, announced Monday that its Board of Directors has appointed Pekka Vauramo President and CEO of Metso, effective as of November 2018 at the latest. CFO Eeva Sipilä will continue to serve as Metso's interim CEO until Vauramo begins in his new...

French Geoscience company CGG (CGG) announced Monday that CGG GeoConsulting has launched the Robertson New Ventures Suite, an integrated and digitally transformed family of exploration-focused geoscience tools and databases. The six core products of the Robertson New Ventures Suite are Basins & Plays,...

GoDaddy Inc. (GDDY) announced today an underwritten public offering of about 11.63 million shares of its Class A common stock by certain of its stockholders. GoDaddy will not receive any proceeds from the sale of the shares in this offering. Citigroup and UBS Investment Bank are acting as bookrunners...

Ryanair Holdings plc (RYA.L, RYAAY) reported a 10% increase in full year profit after tax to equity holders of parent to 1.45 billion euros, as lower fares (down 3%) stimulated 9% traffic growth to over 130 million guests. Load factor was 95%, for the full year. Earnings per share was 1.20 euros compared...

Tesla Inc's CEO Elon Musk released series of posts on Twitter on the two new Model 3 dual motor models(Model 3 dual motor all-wheel-drive and performance versions), including performance, pricing, a new service module, and a few new options. Deliveries will begin in July, he said in tweets posted Sunday. Musk...

South Korea's LG Group chairman, Koo Bon-moo, passed away on Sunday after a battle with brain disease. LG Group said in a statement that Koo, 73, had been ill for a year. "Becoming the third chairman of LG at the age of 50 in 1995, Koo established key three businesses - electronics, chemicals and...

Spectra Energy Partners LP (SEP) said Friday that it has received a non-binding offer from Enbridge Inc. (ENB.TO, ENB) and Enbridge (U.S.) Inc. to acquire all of the outstanding equity securities of SEP not currently beneficially owned by Enbridge. The board of directors of the general partner of...

Hilton Worldwide Holdings Inc. (HLT) said that certain selling stockholders affiliated with The Blackstone Group L.P. have informed the company that they have agreed to sell 15.80 million shares of Hilton's common stock in privately negotiated transactions pursuant to Hilton's effective shelf registration...

Apollo Investment Corp. (AINV) reported that its net Investment Income for its fourth fiscal quarter ended March 31, 2018 declined to $31.94 million from $37.29 million in the prior year. Net Increase in Net Assets Resulting from Operations was $20.63 million compared to $8.05 million in the prior...

Campbell Soup Company (CPB) announced, based on the third-quarter results and outlook for the balance of the year, the company lowered its fiscal 2018 earnings guidance. Looking ahead, the company also will be reviewing all aspects of its strategic plans and portfolio composition. Campbell Soup plans...

Campbell Soup Company (CPB) announced that Denise Morrison, President, CEO and a Director, has chosen to retire effective immediately. Keith McLoughlin, a Campbell Board member since 2016, has been named interim CEO. Keith McLoughlin was President and Chief Executive Officer of Electrolux AB, a global...

Fresenius (FSNUF.PK, FSNPF.PK) announced, for 2018, the company continues to expect: sales growth in constant currency of 5-8%, net income growth of 6-9%, and net income growth excluding biosimilars of approximately 10-13%. The company also confirmed its ambitious mid-term targets.

Ferrari N.V. (RACE) announced the appointment of Antonio Picca Piccon as CFO, effective July 30, replacing Alessandro Gili who has decided to leave the company effective May 31. Antonio Picca Piccon joins Ferrari from Ariston Thermo Group, where he has held the position of CFO. Prior to this, he...

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