logo

Quick Facts

Share

Geely Group, a company owned by Li Shufu and managed by Zheijang Geely Holding Group, announced that it has acquired 9.7 percent stake of Daimler AG (DDAIF.PK) through open market purchases of shares. Zhejiang Geely Holding Group Co. has accumulated a stake worth about 7.3 billion euros $9 billion...

Pfizer Inc. (PFE) said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency (EMA) has adopted positive opinions recommending that two of the company's hematology medicines be granted marketing authorizations in the European Union or EU. Mylotarg or gemtuzumab...

GE Transportation said that it signed a $1 billion framework agreement in Ukraine, marking a major milestone in the country's efforts to modernize its transportation infrastructure and strengthen its position as a key European rail hub and trade corridor. The agreement includes the supply of 30 GE...

QVC, Inc. announced that Ted Jastrzebski will be stepping down as CFO, effective May 17, 2018, to pursue a new opportunity outside of the retail industry. The company said it has begun the search for a new CFO. QVC noted that Mark Carleton continues to serve as the CFO of Liberty Interactive Corp....

Pfizer Inc. (PFE) announced that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA has recommended against expanding use of SUTENT or sunitinib to include the adjuvant treatment of adult patients at a high risk of recurrent renal cell carcinoma or RCC...

United States Cellular Corp. (USM) reported that, excluding a benefit of $269 million related to the enactment of new tax legislation, fourth-quarter net income attributable to shareholders excluding adjustments, were $4 million or $0.05 per share compared to loss of $6 million or $0.07 per share, a...

AstraZeneca and Merck (MRK), known as MSD outside the United States and Canada, said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency has adopted a positive opinion, recommending a marketing authorization of LYNPARZA or olaparib tablets (300 mg twice daily)...

While reporting its fourth-quarter financial results today, Public Service Enterprise Group Inc. (PEG) said its board of directors recently increased the common dividend by 4.7 percent to an indicative annual rate of $1.80 per share.

LifePoint Health Inc. (LPNT) on Friday reported a net loss for the fourth quarter on lower revenues and one-time charges. Excluding items, the company reported adjusted earnings for the quarter. Fourth-quarter net loss attributable to LifePoint Health was $27.5 million or $0.70 per share, compared...

General Mills, Inc. (GIS) and Blue Buffalo Pet Products, Inc. (BUFF) announced a definitive agreement under which General Mills will acquire Blue Buffalo for $40.00 per share in cash, representing an enterprise value of approximately $8.0 billion. Blue Buffalo is a major pet food company making natural...

While reporting its fourth-quarter financial results today, Huntsman Corp. (HUN) said that its board of directors has declared a $0.1625 per share cash dividend on its common stock. This represents a 30 percent increase from the previous dividend of $0.125 per share. The dividend is payable on March...

Sanofi (SNYNF, SNY) said that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), applicable to Sanofi's proposed acquisition of Bioverativ Inc. (BIVV) has expired. On February 7, 2018, Sanofi commenced a tender offer to purchase all outstanding...

Momo Inc. (MOMO), mobile social networking platform in China, said that it agreed to acquire 100% fully diluted equity stake in Tantan Limited for a combination of share consideration and cash, including about 5.3 million newly issued Class A ordinary shares of the Company and US$600.9 million in cash....

International Consolidated Airlines Group S.A. (IAG.L, BAIRY.PK, BAY.L) reported 2017 profit to equity holders of the parent of 2.00 billion euros compared to 1.93 billion euros, prior year. Earnings per share in euros cents was 92.6 compared to 88.5. Operating profit before exceptional items was 3.01...

Royal Bank of Scotland Group plc (RBS, RBS.L) reported Friday that its fourth-quarter attributable loss was 579 million pounds, narrower than last year's loss of 4.44 billion pounds. Loss per share was 4.9 pence, compared to loss of 37.7 pence a year ago. Adjusted earnings per share were 3.0 pence,...

Follow RTT