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Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported that its net income attributable to shareholders for the second-quarter significantly increased to 420 million euros or 0.46 euros per share from 272 million euros or 0.30 euros per share in the same quarter last year. The...

Cement giant LafargeHolcim (HCMLY.PK, HCMLF.PK) announced Monday that it has signed an agreement with Siam City Cement Public Company Limited for the divestment of its interest in Holcim Lanka for an enterprise value of $400 million. Holcim Lanka operates one integrated plant and one grinding plant...

Ryanair Holdings plc (RYA.L, RYAAY) reported that its first-quarter profit to equity holders of parent increased year-over-year to 255.5 million euros from 245.1 million euros. Earnings per share in euro cent was 19.90 compared to 17.81. Total operating revenues from continuing operations were up...

Swiss private banking group Julius Baer Group Ltd. (JBAXY.PK, JBARF.PK) reported Monday that its first-half net profit attributable to shareholders, on IFRS basis, climbed 828 percent to 362 million Swiss francs, and earnings per share grew 834 percent to 1.66 francs. After considering non-controlling...

Ford Motor Company (F) Monday said it is expanding its SYNC 3 connectivity platform, allowing compatibility of Apple CarPlay and Android Auto, throughout its entire 2017 U.S. vehicle lineup of cars, SUVs, light trucks and electrified vehicles. Using its platform-centric approach, Ford has been able...

Hanover Insurance Group, Inc. (THG) announced the estimated impact of catastrophe and large loss activity, as well as the impact of foreign exchange movements, on second-quarter results at its Chaucer segment. The company expects the segment to produce an estimated second-quarter combined ratio in the...

Nightingale Informatix Corp. (NGH.V) said it has agreed to sell its Canadian assets required to serve the company's Canadian customers to Telus Health, Canada's largest health IT company and a unit of Telus Corp. (T.TO, TU). The transaction is for a purchase price of C$14 million as well as the assumption...

Belgian food retailer Delhaize Group (DEG) announced Saturday that it has completed the merger with Dutch supermarket chain Koninklijke Ahold NV (AHONY.PK, AHODF.PK) after receiving regulatory clearance from the United States Federal Trade Commission or FTC. The merger deed was signed today by Delhaize...

HMN Financial, Inc. (HMNF), the holding company for Home Federal Savings Bank, reported late Friday that its second-quarter net income was $1.5 million, an increase from $0.6 million last year. Earnings per share were $0.31, higher than last year's $0.13. The increase in net income was due primarily...

Deere & Co. (DE) has informed about 120 production employees at John Deere Harvester Works in East Moline, Illinois that they will be placed on indefinite layoff effective September 6. The factory's workforce currently includes about 1050 production employees. Deere said the company continues to adjust...

Lexmark International Inc. (LXK), a printing and imaging solutions provider, said that its shareholders have approved the definitive merger deal under which the company will be acquired by a consortium of investors led by China's Apex Technology Co., Ltd. as well as PAG Asia Capital, and including Legend...

comScore (SCOR) announced that co-founder Magid Abraham has resigned as executive chairman of the board. comScore said Abraham will focus his efforts as the recently appointed Executive Chairman of APX Labs. Abraham will remain on the comScore board through the remainder of his term, which expires in 2018.

Vedanta Limited, Cairn India Limited (CAIRN) and India-focused miner Vedanta Resources plc (VED.L) have announced revised and final terms to the recommended merger between Vedanta Limited and Cairn India, that was announced on 14 June 2015. Under the revised and final terms, each Cairn India minority...

BlackBerry Limited (BBRY, BB.TO) announced that a federal jury ruled in favor of the company in a patent infringement case brought by Mobile Telecommunications LLC in the U.S. District Court for the Northern District of Texas. The company said the jury found that BlackBerry did not infringe the MTel...

FirstEnergy Corp. (FE) said that its FirstEnergy Solutions subsidiary will make operational changes to coal-fired units at two of its Ohio plants in response to challenging market conditions. The company plans to sell or deactivate the 136-megawatt (MW) Bay Shore Unit 1 in Oregon, Ohio, by October...

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