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Swedish telecom operator Tele2 AB (TLTZF.PK, TLTZY.PK) reported Monday that its first-quarter net profit climbed 19 percent to 590 million Swedish kronor from last year's 495 million kronor. Earnings per share grew 9 percent to 1.16 kronor from 1.06 kronor a year ago. EBITDA, a key earnings metric,...

Swiss banking giant UBS Group AG (UBS) reported Monday that its first-quarter net profit attributable to shareholders was 1.51 billion Swiss francs, 19% higher than last year's 1.27 billion francs. Earnings per share were 0.39 franc, up from 0.33 franc a year ago. Profit before tax grew 17% year-over-year...

The Federal Aviation Administration or FAA issued an Emergency Airworthiness Directive that requires operators to inspect fan blades on certain CFM56-7B engines within 20 days. The directive is based on a CFM International Service Bulletin issued today and on information gathered from the investigation...

Metro AG now expects the EBITDA, exchange-rate adjusted and excluding earnings contributions from real estate transactions, to increase slightly - instead of by about 10% - in the financial year 2017/18 as compared to last year's result of 1.436 billion euros. With regard to overall sales Metro AG...

Japan's Takeda Pharmaceutical Co. Ltd. (TKPYY.PK) said Friday that it has made an improved proposal to the Board of Shire plc (SHP.L, SHPG) to acquire Shire. The Improved Proposal is at a price of 47.00 pounds per share in cash and stock, compared to prior proposal of 46.50 pounds per share in cash and...

Wells Fargo & Co. (WFC) said Friday that it reached consent orders with the Office of the Comptroller of the Currency or OCC and Consumer Financial Protection Bureau or CFPB that address matters pertaining to the company's compliance risk management program and issues regarding certain interest rate-lock...

Great American Group, LLC, a subsidiary of B. Riley Financial, Inc. (RILY), and Tiger Capital Group announced they have engaged with Bon-Ton Stores, Inc. to facilitate the orderly exit of the remaining 212 operating Bon-Ton locations across the U.S. The store closing sales began April 20, 2018. The...

As per media reports, The Boeing Company and Embraer are in advance stage of discussions regarding a joint venture. The Boeing Company reportedly would have 80.01% stake in the partnership. The deal will only include Embraer's commercial jet operation. In December, The Boeing Company and Embraer...

Varian Medical Systems, Inc. (VAR) said it has received FDA 510(k) clearance for its Calypso Anchored Beacon transponder. Used with a Varian TrueBeam, Edge and Clinac C-series medical linear accelerators, the Calypso system and Anchored Beacon transponder detects even slight movements of a tumor and...

German conglomerate Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) said that Russian antitrust authorities approved its proposed $57 billion acquisition of Monsanto Co. (MON) on the condition that the German company transfers certain technologies to Russian recipients. As per the terms of the approval, Bayer...

TransUnion (TRU), a global risk and information solutions provider, announced Friday it agreed to acquire Callcredit Information Group, Ltd., from private equity firm GTCR for 1.0 billion British pounds or about $1.4 billion in an all-cash deal as part of its international expansion plans. TransUnion...

Biogen (BIIB) and Ionis Pharmaceuticals (IONS) announced they have expanded strategic collaboration through a new ten-year collaboration agreement to develop antisense drug candidates for a broad range of neurological diseases. Disease areas include dementia, neuromuscular diseases, movement disorders,...

Pivotal Software, Inc. announced pricing of initial public offering of 37 million shares of its Class A common stock at $15.00 per share. The offering is expected to close on April 24, 2018 Pivotal is offering 33.12 million shares of its Class A common stock and General Electric, the selling stockholder,...

Honeywell (HON) announced Friday an increase in earnings guidance for the full-year 2018 to a range of $7.85 to $8.05 per share from the prior range of $7.75 to $8.00 per share. Sales for the full year are also now projected between $42.7 billion and $43.5 billion on 3 to 5 percent organic growth,...

HSBC Holdings plc (HSBA.L, HSBC) announced that the Group is reducing the number of Board committees from seven to five. As a result, the responsibilities of the Conduct and Values Committee and the Philanthropic and Community Investment Oversight Committee will be reassigned. The responsibility for...

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