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British energy giant BP Plc (BP.L, BP_UN.TO, BP) Tuesday said it expects fast growth in developing economies to drive up global energy demand a third higher. The company released the 2018 edition of BP's Energy Outlook. Moving ahead, the oil giant said it expects the global energy mix to be the...

Broadcom Limited (AVGO) issued statement regarding Qualcomm Inc's (QCOM) decision to raise its offer price for NXP Semiconductors, N.V. to $127.50 per share. Broadcom said it is evaluating its Options following Qualcomm's Transfer of Value from Qualcomm Stockholders to NXP Stockholders. Broadcom urged...

Guess', Inc. (GES) announced its Board of Directors and the company's co-founder, Paul Marciano have agreed that Marciano will relinquish his day to day responsibilities at the company, on an unpaid basis, pending the completion of the investigation into allegations of improper conduct. The company said...

Thomson Reuters (TRI, TRI.TO) informed the company's President and CEO, Jim Smith, remains under observation in a Toronto hospital following what has been diagnosed as an arrhythmia incident on February 12. It is expected that Smith will be released from the hospital within the next two weeks, followed...

Gap Inc. (GPS) said that Jeff Kirwan, president and CEO of Gap brand, will leave the company. The company added that a search is underway for a new president of Gap brand. "Under Jeff's leadership we made significant progress on the operating model of Gap brand. We are faster and more responsive than...

Perrigo Company plc (PRGO) announced that Ronald Winowiecki has been appointed Chief Financial Officer. He has served as Acting CFO since February 2017. Winowiecki joined Perrigo in 2008 and has held several senior management roles within the company's finance and accounting organization including...

Curtiss-Wright Corp. (CW) said that it agreed to acquire the assets that comprise the Dresser-Rand Government Business, a business unit of Siemens Government Technologies which is a wholly-owned U.S. subsidiary of Siemens AG in Germany, for $212.5 million in cash. Curtiss-Wright noted that the acquired...

Noble Midstream Partners LP (NBLX) announced its 2018 capital budget and guidance as well as an updated long-term outlook through 2022. It expects GAAP net income to be in the range of $220 million - $260 million for 2018. Excluding acquisition capital, Noble Midstream's 2018 capital budget is $485...

Medtronic (MDT) reiterated its fiscal year 2018 revenue and non-GAAP guidance. In fiscal 2018, the company continues to expect non-GAAP EPS growth to be in the range of 9 to 10 percent on a comparable, constant currency basis from the prior year comparable EPS of $4.37. In fiscal 2018, the company continues...

Noble Midstream Partners L.P (NBLX) Tuesday reported fourth quarter net income attributable to limited partners of $42.448 million, up from $25.365 million in the prior year. On a per share basis, earnings were $1.16, compared to $0.80 in the same period last year. On an adjusted basis, EBITDA was $51.56...

Privately-held Albertsons Companies will merge with drugstore chain Rite Aid Corp. (RAD) to create a leader in food, health, and wellness, the companies announced. The combination will also create strong local networks in attractive geographies. Under the terms of the agreement, in exchange for every...

Noble Energy Inc. (NBL) provided an updated outlook through 2020, including detailed guidance for 2018. The company provided an updated outlook through 2020, including scenarios at a $50 per barrel WTI oil price with $3 Henry Hub natural gas, as well as at recent strip pricing. The company expects...

PDL BioPharma Inc. (PDLI) said Tuesday that it will no longer pursue its proposed acquisition of Neos Therapeutics, Inc. (NEOS). While PDL's last public disclosure announced its proposal expired on November 8, 2017, PDL has maintained its interest until recently making the decision to not make any further...

Cooper Tire & Rubber Co. (CTB) reported that its fourth-quarter net loss attributable to the company was $42.16 million or $0.82 per share, compared to net income of $69.32 million or $1.28 per share in the same quarter last year. Adjusted net income attributable to the company for the latest-quarter...

Garmin Ltd. (GRMN), said it has acquired Trigentic AB, a privately-held provider of intelligent products, solutions and services in the areas of embedded systems, power supply and power distribution for the marine and recreational vehicle or RV market. Trigentic is headquartered near Gothenburg,...

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