logo

Quick Facts

Share SHARE

Novan Inc. (NOVN) said that it appointed William Hodges as Interim Chief Financial Officer, effective immediately, following the departure of Richard Peterson, Chief Financial Officer, who is leaving to pursue other business interests. Hodges has a long career in public company finance positions,...

Trian Fund Management, L.P., one of the largest stockholders of General Electric Company (GE), with beneficial ownership of approximately 66.8 million shares, said it believes that today's announcements better position GE for the long-term and help to ensure GE will achieve its financial goals. Trian...

Schnitzer Steel Industries, Inc. (SCHN) announced it expects second-quarter earnings per share from continuing operations to be in the range of $0.37 - $0.40 and adjusted earnings per share to be in the range of $0.34 - $0.37. In the prior year second quarter, the company reported a loss from continuing...

Coatings and specialty products maker PPG Industries Inc. (PPG) said it made a revised proposal on March 20, 2017 to acquire Dutch paints and chemicals maker Akzo Nobel N.V. (AKZOY.PK, AKZOY) for 90.00 euros (cum dividend) per ordinary share, comprised of cash of 57.50 euros and 0.331 share of PPG common...

Actuant Corp. (ATU), a diversified industrial company, on Wednesday said it expects third-quarter adjusted earnings per share of $0.38-$0.43, and sales of $290 million to $300 million. Further, the company narrowed fiscal 2017 adjusted earnings per share guidance to a range of $1.10-$1.20 from previously...

Allergan plc (AGN) announced the availability of RESTASIS MULTIDOSE, which is the same preservative-free RESTASIS formulation, but now offered in a multidose bottle. RESTASIS is the first and only prescription medication FDA-approved to help patients with a type of Chronic Dry Eye make more of their...

Philip Morris International Inc. (PM) announced an investment of approximately 300 million euros to convert the cigarette factory of Papastratos, the company's affiliate in Greece, into a manufacturing plant for the tobacco sticks to be used with its smoke-free product IQOS. Construction will commence...

AkzoNobel N.V. (AKZOY.PK, AKZOY) announced it has rejected a second unsolicited, non-binding and conditional proposal of 20 March from PPG Industries Inc. for all of the issued and outstanding ordinary shares in the capital of AkzoNobel. The revised proposal represents a value of 88.72 euros (adjusted...

Home improvement retailer Kingfisher PLC (KGF.L) reported Wednesday that its fiscal 2016 pre-tax profit climbed 48.2 percent to 759 million pounds from 512 million pounds last year. Basic earnings per share grew 52.2 percent to 27.1 pence from 17.8 pence a year ago. Underlying pre-tax profit was...

KUKA Group (KUKAY.PK, KUKAF.PK) announced it expects sales revenues of around 3.1 billion euros in fiscal 2017. The Group expects to achieve an EBIT margin of more than 5.5% before purchase price allocation for Swisslog and also before growth investments. KUKA Group anticipates high demand in fiscal...

Dutch digital security provider Gemalto (GTOFF.PK, GTOMY.PK) announced Wednesday that it expects first-quarter revenue to be lower by 7% to 9% at constant exchange rates compared to the same period of 2016. This is mainly due to lower than expected Payment business revenue in the United States. The...

Novartis (NVS) reported results from the global Phase III RELAX-AHF-2 study investigating RLX030 (serelaxin) in patients with acute heart failure. The company said the study did not meet primary endpoints of reduction in cardiovascular death through Day 180 or reduced worsening heart failure through...

T-Mobile US Inc. (TMUS) announced Wednesday that it will offer iPhone 7 and iPhone 7 Plus (PRODUCT)RED Special Edition in a vibrant red aluminum finish. T-Mobile also announced it will carry Apple's new iPad. The company will also offer iPhone SE, the most powerful phone with a four-inch display,...

Google said Tuesday that it is taking a tougher stance on hateful, offensive and derogatory content. This includes removing ads more effectively from content that is attacking or harassing people based on their race, religion, gender or similar categories. This change will enable it to take action, where...

Apple Inc. (AAPL) updated its iPad, featuring a brighter 9.7-inch Retina display, starting at $329. The company said the new iPad features a beautifully bright Retina display with over 3.1 million pixels for stunning pictures and videos. The Apple-designed A9 chip with 64-bit desktop-class architecture...

Follow RTT