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Public transport operator National Express Group PLC (NEX.L) said that it appointed Matthew Ashley as Chief Executive Officer of North America division and Chris Davies as Group Finance Director following Matthew's move. After two and a half successful years as Group Finance Director, Matthew Ashley...

Apple Inc. (AAPL) is willing to start making iPhones in India, but it wants a big helping hand from the Indian government first, according to reports. The Cupertino, California-based company is scheduled to meet with officials in New Delhi next week to discuss the prospects for setting up manufacturing...

Avaya Inc. said that it filed voluntary petitions under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. The company's foreign affiliates are not included in the filing and will continue normal operations. The Company has obtained...

Bassett Furniture Industries Inc. (BSET) Thursday announced fourth quarter net income of $5.045 million, down 4.4 percent from $5.682 million a year ago. On a per share basis, earnings declined to $0.47 from $0.53 last year. On average, three analysts polled by Thomson Reuters expected the company...

CA Technologies (CA) said it has completed the acquisition of Automic Holding GmbH, a leader in business process and IT automation software. With the completion of the transaction, Todd DeLaughter, Automic's Chief Executive Officer, becomes a general manager reporting into CA's Chief Product Officer...

PPG Industries Inc. (PPG) announced that its board has elected Vincent J. Morales to serve as senior vice president and chief financial officer, effective March 1. Morales is replacing Frank Sklarsky as CFO, who has announced his retirement also effective March 1. Morales will report to Chairman and...

Allergan plc (AGN) announced the approval of RHOFADE cream by the U.S. Food and Drug Administration for the topical treatment of persistent facial erythema (redness) associated with rosacea in adults. Approval was based on two clinical studies that evaluated the primary efficacy endpoint on day 29. RHOFADE...

J.B. Hunt Transport Services Inc. (JBHT) Thursday announced an increase in fourth quarter net income to $117.56 million from $116.75 million a year ago. On a per share basis, earnings edged up to $1.05 to $1.01 last year. On average, 23 analysts polled by Thomson Reuters expected the company to earn...

KCG Holdings, Inc. (KCG) reported consolidated earnings of $196.2 million, or $2.47 per share, for the fourth quarter of 2016. Included in the fourth quarter pre-tax earnings of $309.9 million is a pre-tax gain of $331.0 million from the sales of substantially all shares of Bats Global Markets, Inc....

Oracle said that it agreed to acquire Apiary, whose pioneering APIFlow solution provides the framework and tools for developing application programming interfaces or APIs that share enterprise services and data and help create modern, cloud-based applications and experiences. Apiary has helped companies...

Cytori Therapeutics, Inc. (CYTX) announced Thursday that it has entered into a definitive agreement to acquire certain assets from privately held Azaya Therapeutics Inc. Under the deal terms, at the closing of the deal, Cytori will issue $2 million in Cytori common stock up front, 25 percent of which...

Shire plc (SHPG, SHP.L) said that the U.S. Food and Drug Administration has acknowledged receipt of the Class 2 resubmission of a New Drug Application or NDA for SHP465, a long-acting, triple-bead, mixed amphetamine salts formulation. SHP465 is being evaluated as a potential once-daily treatment for...

Bank of New York Mellon Corp. (BK) reported Thursday that its fourth-quarter net income applicable to common shareholders climbed 29 percent to $822 million from last year's $637 million. Earnings per share grew 35 percent to $0.77 from $0.57 a year ago. Adjusted earnings were $826 million or $0.77...

MGIC Investment Corp. (MTG) said it expect to write slightly less new insurance in 2017 compared to 2016 reflecting the current market conditions and a smaller origination market, however, when combined with an improvement in annual persistency the company expects that insurance in force portfolio will...

KeyCorp (KEY) reported fourth-quarter net income from continuing operations attributable to shareholders of $213 million, or $0.20 per share compared to $224 million or $0.27 per share, for the fourth quarter of 2015. During the fourth quarter of 2016, Key incurred merger-related charges totaling $198...

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