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Hikma Pharmaceuticals plc (HIK, HIK.L) announced that its US subsidiary West-Ward Pharmaceuticals Corp., has launched Dihydroergotamine Mesylate Injection, USP, 1mg/mL. The Mesylate Injection, USP is indicated for the acute treatment of migraine headaches with or without aura and the acute treatment...

Japan's automotive giant Toyota Motor Corp. (TYT.L, TM) and electronics maker Panasonic Corp. (PCRFY.PK, PCRFF.PK) announced Wednesday an agreement to begin studying the feasibility of a joint automotive prismatic battery business. With the move, the companies aim to advance prismatic battery technology...

Shire plc (SHP.L, SHPG) announced that the European Commission has granted Marketing Authorization for lyophilized ONCASPAR (pegaspargase), as a component of antineoplastic combination therapy in acute lymphoblastic leukemia in pediatric patients from birth to 18 years, and in adult patients. The approval...

Energy services company Wood Group (John) plc (WG.L, WDGJF.PK) Wednesday said it expects fiscal 2017 EBITA, comprising the heritage Wood Group business and a contribution from Amec Foster Wheeler or AFW for the three months, will be in the region of $335 million to $355 million. On a pro forma basis,...

Metro reported profit to shareholders of 325 million euros for fiscal 2016/17 compared to 506 million euros, prior year. Earnings per share was at 0.89 euros compared to 1.39 euros. Reported EBIT decreased to 852 million euros from 1.22 billion euros. EBIT before special items has reached the previous...

Tour operator TUI AG (TUIFF.PK, TT.L) reported Wednesday that its fiscal 2017 earnings before tax surged 74.6 percent to 1.08 billion euros from last year's 618 million euros. This included 172 million euros gain on the disposal of remaining shares in Hapag-Lloyd AG. Underlying earnings per share...

Copper producer Aurubis (AIAGY.PK, AIAGF.PK) reported Wednesday that its fourth-quarter consolidated net income climbed 29 percent to 67 million euros from last year's 52 million euros. Earnings per share grew 31 percent to 1.48 euros. Operating consolidated net income was 75 million euros, compared...

Inditex (IDEXF.PK) reported net profit of 2.34 billion euros for the first nine months of fiscal 2017, an year-on-year growth of 6%. EBITDA rose 6% to 3.82 billion euros. From 1 February to 31 October, net sales rose by 10% to 17.96 billion euros. The company reported that its store count reached...

Regeneron Pharmaceuticals Inc. (REGN) and Sanofi announced positive topline results from a pivotal Phase 2 clinical study of cemiplimab in 82 patients with advanced cutaneous squamous cell carcinoma or CSCC, the second deadliest skin cancer after melanoma. Cemiplimab, an investigational human antibody...

NuVasive, Inc. (NUVA), a spine technology innovation company, announced Tuesday that it has entered into a definitive agreement to acquire SafePassage, a privately-held provider of intraoperative neurophysiological monitoring or IONM services. Terms of the deal were not disclosed. NuVasive expects...

Akamai Technologies, Inc. (AKAM), a cloud delivery platform, on Tuesday said it does not endorse the "Mini-Tender" offer by TRC Capital Corp. noting that the offer is at a price below the current market price of Akamai's shares. The Company also urged its shareholders to reject the offer. The company...

Knoll, Inc. (KNL) announced Tuesday that it has signed a definitive agreement to acquire Muuto, a Copenhagen-based designer and provider of affordable luxury furniture, lighting and accessories for the workplace and home. The acquisition of Muuto is for approximately $300 million in cash, less certain...

21st Century Oncology Inc. and certain of its subsidiaries and affiliates have agreed to pay $26 million to the government to resolve a self-disclosure relating to the submission of false attestations regarding the company's use of electronic health records software and separate allegations that they...

GlaxoSmithKline plc (GSK, GSK.L) announced that the US Food and Drug Administration has approved Nucala or mepolizumab as the first targeted treatment for eosinophilic granulomatosis with polyangiitis or EGPA, previously known as Churg-Strauss syndrome. The approval for EGPA is based on results from...

Japanese conglomerate Toshiba Corp. (TOSYY.PK, TOSBF.PK) and Western Digital Corp. (WDC) agreed to settle a dispute over Toshiba's planned sale of its memory-chip unit, the companies said, clearing a major hurdle to about $18 billion deal. The announcement is a big step forward for Toshiba, which...

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