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Electric-car maker Tesla Inc. (TSLA) has reached an agreement to set up its own manufacturing facility in Shanghai, the wall street journal reported citing to people familiar with the plan. The deal with Shanghai's government will allow the Silicon Valley auto maker to build a wholly owned factory...

Intercontinental Exchange (ICE) said that it has completed its acquisition of the Bank of America Merrill Lynch Global Research division's fixed income index platform, which will become part of ICE Data Services. Terms of the agreement were not disclosed and the financial impact of the transaction will...

Kansas City Southern (KSU), a transportation holding company, reported an increase in profit for the third quarter from last year on higher revenues. Both revenue and adjusted earnings per share beat analysts' estimates. The company's net income for the third quarter was $129.2 million or $1.23 per...

Bristol-Myers Squibb Co. (BMY) said that new data across serious liver diseases, including nonalcoholic steatohepatitis or NASH, and hepatocellular carcinoma or HCC, will be presented at The Liver Meeting 2017 in Washington, DC, from October 20 to 24, 2017. Key data presentations include two analyses...

First Data Corp. (FDC) entered into a definitive stock purchase agreement to acquire BluePay Holdings, Inc. from current owners, including TA Associates and BluePay management, for $760 million in cash, subject to adjustments. BluePay is a provider of technology-enabled payment processing for merchants...

Baker Hughes (BHGE), a GE company, Friday posted a net loss of $104 million, or 24 cents per Class A share, for the third quarter. On an adjusted basis, net earnings were $23 million or 5 cents per Class A share. Revenues for the third quarter reached $5.375 billion, with orders totalling $5.722 billion.

High-precision metrology and healthcare products manufacturer Renishaw Plc (RSW.L) reported Friday that its first-quarter profit before tax surged to 36.9 million pounds from last year's 10.7 million pounds. Adjusted profit before tax 35.8 million pounds, compared to 15.1 million pounds last year. Total...

Reinsurer Swiss Re (SSREY.PK) said Friday that it estimates its preliminary combined claims burden in the third quarter from the hurricanes Harvey, Irma and Maria and the earthquakes in Mexico to be approximately US$3.6 billion, net of retrocession and before tax. Of the total combined losses, claims...

Acacia Mining plc. (ACA.L) reported Friday that its third-quarter net earnings declined to $16 million or 3.9 cents per share from $53 million or 12.9 cents per share a year ago. Adjusted net earnings were $35 million, down 32% from the prior year. EBITDA was $50 million, 60% lower than last year,...

Befesa S.A. announced the company and its current owner, funds advised by private equity firm Triton, have set the price range for shares offered in its planned initial public offering between 28.00 and 38.00 euros per share. The base offer will consist of 14.308 million ordinary shares currently owned...

Volvo Group (VOLVY.PK) reported that its third-quarter income to equity holders of the parent company increased to 5.47 billion Swedish kronor from 2.59 billion kronor, previous year. Earnings per share was 2.69 kronor compared to 1.27 kronor. Adjusted operating income amounted to 7.02 billion kronor...

German automaker Daimler AG (DDAIF.PK) reported that its net profit attributable to the shareholders for the third-quarter declined to 2.177 billion euros from last year's 2.595 billion euros, with earnings per share decreasing to 2.03 euros from 2.43 euros in the prior year. The Daimler Group's third-quarter...

Sweden's Ericsson (ERIC) reported Friday that its third-quarter net loss was 4.3 billion Swedish kronor, wider than loss of 0.2 billion kronor a year ago. Loss per share was 1.34 kronor, compared to loss of 0.07 krona a year ago. As a result of the ongoing cost reductions, restructuring charges...

Germany-based Software AG (STWRY.PK) reported Friday that its third-quarter net income, on non-IFRS basis, was 43.1 million euros, lower than last year's 43.9 million euros. Earnings per share - non-IFRS- were 0.58 euros, same as last year. Software AG's EBIT, on IFRS basis, was up 1 percent to 50.4...

Sirius XM Holdings Inc. (SIRI) announced Thursday that it has entered into a multi-year agreement with Formula 1 to become the exclusive North American radio broadcaster of all Formula 1 or F1 races, starting with this weekend's United States Grand Prix. Sirius XM, with around 32 million subscribers,...

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