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Evine Live Inc. (EVLV) announced, for fiscal 2017, the company continues to expect slightly positive sales and adjusted EBITDA to be in the $18 to $22 million range, which would be growth of 11% to 36% year over year. The company noted that these results include a 53rd week in fiscal 2017. For second-quarter,...

Fraport AG (FRA.DE, 0O1R.L, FPRUF.PK) Tuesday proposed to increase in dividend to 1.50 euros, from 1.35 euros last year. Looking ahead, Fraport expects passenger traffic to grow by two to four percent, while revenue is forecast to rise up to 2.9 billion euros. The Group net profit is expected to reach...

German luxury fashion brand Hugo Boss AG (HUGSF.PK) Tuesday said it expects retail sales productivity growth of 20 percent in the next five years. Further, the company said it expects expansion of casual and athleisure offering in stores, and rollout of omnichannel services. It has plans for investment...

Nokia corp (NOK) and Apple (AAPL) said Tuesday that they have settled all litigation related to their intellectual property dispute and agreed a multi-year patent license. As per a business collaboration agreement, Nokia will be providing certain network infrastructure products and services to Apple....

De La Rue Plc. (DLAR.L), a commercial banknote printer and security paper maker, Tuesday reported that its fiscal 2017 profit before tax increased 6 percent to 58.2 million pounds from 54.9 million pounds last year. Basic earnings per share grew 1 percent to 47.2 pence from 46.8 pence last year. Adjusted...

AstraZeneca plc (AZN.L, AZN) announced Tuesday that Phase IIIb/IV EXenatide Study of Cardiovascular Event Lowering or EXSCEL trial with Bydureon met primary safety objection in type-2 diabetes patients at wide range of Cardiovascular or CV risk. EXSCEL is a Phase IIIb/IV, double-blind, placebo-controlled,...

IP Group Plc (IPO.L) Tuesday announced a possible offer for Touchstone Innovations plc, however the Touchstone board rejected the proposed combination. Further, IP Group said it is planning to raise gross proceeds of up to 200 million pounds through the issue of new IP Group shares at a price of 140...

Euronext (ENXB.BE, ENX.BR, ENX.AS, ENX.PA) announced the acquisition of about 90% of FastMatch Inc. for $153 million initial cash consideration. FastMatch's management will remain invested with a 10% interest, with minority rights. Closing is subject to regulatory and anti-trust approvals, and is...

Novartis (NVS) announced the pre-specified analyses of data from the FLAME study has showed that Ultibro Breezhaler consistently provided superior or similar benefits over Seretide in COPD patients regardless of the eosinophil count. The results contrast with data suggesting better clinical outcomes...

Seegene Inc., a South Korea-based developer of multiplex molecular diagnostics technologies and assays, announced late Monday that it has entered into a new strategic collaboration relationship with Thermo Fisher Scientific Inc. (TMO). Under the deal, Seegene will file for U.S Food and Drug Administration...

Millennial Lithium Corp. (ML.V, MLNLF) announced Tuesday that it has entered into a Mineral Property Option Agreement dated May 19 with Liberty One Lithium Corp. (LBY.V) to joint venture up to an 80% interest in the Pocitos West Project. As consideration for grant of the option and pursuant to the...

Genentech, a member of Roche Group (RHHBY), said that the U.S. Food and Drug Administration or FDA has approved Actemra, or tocilizumab subcutaneous injection for the treatment of Giant Cell Arteritis or GCA, a chronic and severe autoimmune condition. Actemra is the first therapy approved by the...

Alere Inc. (ALR) announced certain preliminary unaudited financial information for the fourth quarter and full fiscal year ended December 31, 2016, as well as the first quarter of 2017 ended March 31, 2017. The company expects wider loss from continuing operations and lower revenue for both the fourth...

Changyou.com Limited (CYOU) announced its board has received a preliminary nonbinding proposal letter from Charles Zhang, chairman of the Board of the company, to acquire all of the outstanding Class A and Class B ordinary shares of the company, including Class A ordinary shares represented by American...

Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) said that as part of its efforts to further reduce gross debt, it has launched a bond purchase plan for up to $2.5 billion. Under the plan, Rio Tinto has issued a redemption notice for about $1.72 billion of its 2019 and 2020...

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