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Aecom Technology Corp. (ACM) Monday said it will raise its five-year adjusted earnings per share growth forecast through fiscal year 2022. The company expects positive benefit from its new capital allocation policy. The company now expects fiscal 18 to 22 adjusted earnings per share growth of 12 to...

Dextera Surgical Inc. (DXTR), a company developing and commercializing the MicroCutter 5/80 Stapler, announced that it has filed for voluntary Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. Concurrently, Dextera Surgical entered into an asset purchase...

Vertex Pharmaceuticals Inc. (VRTX) and Switzerland-based CRISPR Therapeutics AG (CRSP) said that the companies will co-develop and co-commercialize CTX001, an investigational gene editing treatment. The move is part of the companies' previously announced collaboration aimed at the discovery and development...

Trinity Industries, Inc. (TRN) Tuesday announced its plan to pursue a spin-off of its infrastructure-related businesses to Trinity shareholders. The separation is planned as a tax-free spin-off transaction to the shareholders for U.S. federal income tax purposes and is expected to be completed in the...

Hexcel Corp. (HXL) on Tuesday provided its financial outlook for fiscal 2018 and also updated its outlook through 2020. For fiscal 2018, Hexcel forecast sales in the range of $2.10 billion to $2.20 billion, with Commercial Aerospace leading the company's sales growth. In addition, the company expects...

Unisys Corp. (UIS) announced that its Board has elected President and CEO Peter Altabef as Chairman of the Board and Nathaniel Davis as Independent Lead Director, effective April 26, 2018. Altabef will also continue to serve as president and CEO. Paul Weaver, the current Chairman of the Board, will retire...

Genentech, a member of Swiss drug major Roche Group (RHHBY), announced the first results from the pivotal Phase III MURANO study evaluating Venclexta (venetoclax) plus Rituxan (rituximab) compared to bendamustine plus Rituxan (BR) for the treatment of people with relapsed or refractory chronic lymphocytic...

Myriad Genetics Inc. (MYGN) said that data from the EMBRACA trial showed the company's BRACAnalysis CDx Test successfully identified patients with metastatic breast cancer or MBC who responded to Pfizer Inc.'s (PFE) investigational PARP inhibitor, talazoparib. The EMBRACA trial (NCT01945775) data...

JetBlue Airways Corp. (JBLU) reported that its preliminary traffic for November 2017 increased 2.8 percent from last year, on a capacity increase of 4.3 percent. Load factor for November 2017 was 84.2 percent, a decrease of 1.2 percentage points from previous year. JetBlue now expects fourth-quarter...

Fairmount Santrol (FMSA) and Unimin Corp., a subsidiary of SCR-Sibelco NV, announced their Boards have approved a definitive agreement under which Fairmount and Unimin will combine in a tax-free, cash and stock transaction. Fairmount shareholders, including equity award holders, will receive $170 million...

Sempra Energy (SRE) and Oncor Electric Delivery Company LLC said that the Federal Energy Regulatory Commission or FERC has issued an order that authorizes Sempra Energy's acquisition of Energy Future Holdings Corp. or EFH, the indirect owner of approximately 80 percent of Oncor. On August 21, Sempra...

Cabot Microelectronics Corp. (CCMP), a supplier of chemical mechanical planarization polishing slurries, announced Tuesday the appointment of Scott Beamer as Vice President and Chief Financial Officer. He will succeed William Johnson, who plans to retire after almost 15 years in the role of CFO. Beamer...

3M (MMM) announced, for the full-year 2018, the company expects: GAAP earnings per share of $9.60 to $10.00, an increase of 6 to 10 percent; total sales growth of 5 to 7 percent; and organic local-currency sales growth of 3 to 5 percent. The company also reported that it is tracking to the top half...

Swiss mining giant Glencore Plc (GLCNF.PK, GLNCY.PK, GLEN.L) said it is expected to brief its shareholders during an investor update to be held Tuesday afternoon. With the Group expected to inform the shareholders of its position as "leading producer" of "Tier 1" commodities such as copper, cobalt,...

French energy management firm Schneider Electric S.A. (SBGSF.PK) on Tuesday reiterated its target of 3% to 6% average organic revenue growth across the economic cycle, with Digital acting as a key driver. The company said Edge Control and Apps, Analytics & Digital Services are targeted to grow above...

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