logo

Quick Facts

Share

Airbus (EADSF.PK, EADSY.PK) said that Dubai-based Emirates Airline has signed a Memorandum of Understanding to acquire up to 36 additional A380 aircraft. The commitment is for 20 A380s and an option for 16 more with deliveries to start in 2020, valued at US$16 billion at latest list prices. The A380...

KeyCorp (KEY) reported Thursday that its fourth-quarter attributable net income from continuing operations fell 15 percent to $181 million from last year's $213 million. Earnings per share from continuing operations declined to $0.17 from $0.20 a year ago. The latest fourth quarter results included...

Wyndham Worldwide Corp. (WYN) and La Quinta Holdings Inc. (LQ) announced a definitive agreement under which Wyndham Worldwide will acquire La Quinta's hotel franchise and hotel management businesses for $1.95 billion in cash. Stockholders of La Quinta will receive $8.40 per share in cash (approximately...

Sandoz, a Novartis division, announced a global partnership with Biocon to develop, manufacture and commercialize multiple biosimilars in immunology and oncology for patients worldwide. Both companies will share responsibility for end-to-end development, manufacturing and global regulatory approvals...

Verizon (VZ) announced it has implemented ASU 2014-09, Revenue from Contracts with Customers (ASC 606) on January 1, 2018 using the modified retrospective method for open contracts. The company said the adoption of the new standard will have a significant impact on its 2018 operating results. During...

Associated British Foods plc (ASBFY.PK, ABF.L) Thursday reported that Group revenue from continuing operations for the 16 weeks ended January 6 increased 3 percent on a reported basis and 4% at constant currency from the prior year. Further, the company said its outlook is unchanged, with progress expected...

CTI BioPharma Corp. (CTIC) said that it expects to receive a $10 million milestone payment in February, 2018 from Teva Pharmaceutical Industries Ltd. related to the achievement of a milestone for U.S. Food and Drug Administration approval of TRISENOX or arsenic trioxide for first line treatment of acute...

TSMC (TSM) reported fourth-quarter net income of NT$99.29 billion, and earnings per share of NT$3.83 ($0.64 per ADR unit). Year-over-year, net income and EPS both slightly decreased 0.9%. The company said the decreases in net income and EPS were mainly due to the strong appreciation of NT dollars, which...

Sanitary technology solutions provider Geberit Group (GBERF.PK) reported Thursday that its net sales for the fourth quarter grew 10.9% from last year to 706.0 million Swiss francs. The sales growth was 5.3% in currency-adjusted, organic terms. For fiscal 2017, net sales increased 3.5% from last year...

Shares of Electro Scientific Industries, Inc. (ESIO) climbed around 25 percent in the extended trading on Wednesday after the semiconductor testing equipment maker said it expects to report higher-than-expected results in its third quarter. Further, the company said it now expect fourth quarter 2018...

German stock exchange operator Deutsche Boerse (DBOEF.PK, DBOEY.PK) announced Thursday that Central Bank of Iran, known as Bank Markazi has filed complaint against Deutsche Boerse's subsidiary Clearstream Banking S.A., Luxembourg. Bank Markazi named Banca UBAE S.P.A. and Clearstream as defendants...

French grocery retailer Carrefour Group (CRERF, CRRFY, 0NPH.L) reported Wednesday that its total group sales including value added tax or VAT were 23.3 billion euros, a growth of 1.9 percent on a like-for-like basis, excluding petrol and calendar. At constant exchange rates excluding petrol, sales...

Rolls Royce Holdings plc. (RYCEF.PK, RR.L, RYCEY.PK) announced evaluation of strategic options for Commercial Marine operation and a reduction from five operating businesses to three core units based around Civil Aerospace, Defence and Power Systems. As part of the restructuring, the company plans...

Wal-Mart Stores Inc. (WMT) said Wednesday that it will promote Judith McKenna to President and Chief Executive Officer of Walmart International, the company's second-largest operating segment. She will be succeeding David Cheesewright, who has been in role since 2014 and recently shared his desire to...

Charles Schwab Corp. (SCHW) announced that its net income for the fourth quarter of 2017 was $597 million, up 14% from $522 million for the fourth quarter of 2016. The company's financial result for the fourth quarter 2017 was impacted by the tax reform legislation signed in December - a one-time tax...

Follow RTT