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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,...

Qualcomm Technologies, Inc., a unit of Qualcomm Inc. (QCOM), announced late Thursday its plans to collaborate with Chinese artificial intelligence company SenseTime Group Ltd. Under the deal, the companies will collaborate on artificial intelligence or AI and machine learning or ML for future mobile...

French tire maker Michelin Cie Des Estb (MGDDY.PK, MGDDF.PK) Thursday reported net sales for the third quarter of 5.335 billion euros, up 3% from 5.179 billion euros reported last year. Passenger car, light truck tires and related distribution segment revenues inched up 0.5 percent to 2.979 billion...

French hotel group Accor (ACRFY.PK, ACRFF.PK) Thursday said third-quarter revenues of 504 million euros, up 7.2% from 470 million euros last year. On a like-for-like basis, Accor revenues rose 6.4%. Revenue derived from the hotel assets held by the Group, mainly in Central Europe and Brazil, grew...

BP plc. (BP.L, BP_UN.TO, BP) said Thursday that Carl-Henric Svanberg has informed the company's board of directors of his intention to retire as chairman. Svanberg will chair the Annual General Meeting to be held in May 2018 and will remain in position until a successor is in post. Ian Davis, the...

Barrick Gold Corp. (ABX, ABX.TO) said that the Company and the Government of Tanzania have agreed on a framework for a new partnership between Acacia Mining plc and the Government of Tanzania, whereby economic benefits generated by Acacia's operations would be shared with Tanzania on a 50/50 basis going...

While reporting its third-quarter financial results today, Genuine Parts Co. (GPC) lowered its fiscal 2017 earnings outlook, but raised its forecast for full-year sales. For the full year 2017, Genuine Parts raised its sales outlook to a range of 4 percent to 4.5 percent from the prior range of 3...

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