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German industrial gases producer Linde AG (LNAGF.PK, LNEGY.PK) Monday said it will be propose to the Annual General Meeting on May 3 to elect Wolfgang Reitzle to the Supervisory Board. It will also be proposed to elect Reitzle as Chairman of the Supervisory Board as of May 21, 2016. The current Chairman...

Shares of Randgold Resources Ld (RRS.L, GOLD) were gaining around 4 percent in the morning trading in London after the gold producer reported higher sales and production it its fourth quarter, and lifted its dividend. This was despite decline in profit reflecting lower average prices. For the fourth...

Anglo American Plc. (AAUKY.PK, AAL.L) Monday reported that Anglo American Platinum Limited's Headline earnings for fiscal 2015 was $38 million, down from last year's $70 million. Anglo American Platinum's contribution to the company's underlying earnings were $168 million, significantly higher than...

Millicom International Cellular (MICC, MIICF.PK) announced an agreement for the sale of its Tigo business in the Democratic Republic of Congo to Orange S.A. The company will sell 100% of the share capital in Oasis SA for $160 million. Mauricio Ramos, CEO of Millicom said: "The sale of Tigo DRC is...

Communications services provider BT Group Plc (BT_A.L, BT) responding to press speculation, Monday said that Group Finance Director Tony Chanmugam may step down later this year. BT confirms that a search process has commenced to find a successor. But, no formal decision has been taken on a replacement...

Valneva SE said that it has signed a new R&D collaboration agreement with GlaxoSmithKline (GSK, GSK.L) for the development of EB66-based Influenza vaccines. As per the agreement, Valneva will conduct an R&D program on behalf of GSK to develop and improve upstream processes which will serve for the...

Ford Motor Co. (F) said that it is working with cloud-based software technology company Pivotal to build a software platform supporting FordPass that will enable the company to rapidly innovate and iterate on new applications and mobility solutions for consumers. FordPass - a free digital, physical...

Dr. Reddy's Laboratories Ltd. (RDY) announced Monday that its US subsidiary Promius Pharma LLC, U.S. has received approval for Sernivo (betamethasone dipropionate) Spray, 0.05% from the U.S. Food and Drug Administration or FDA. India-based drug maker noted that Sernivo Spray, a prescription topical...

CTI BioPharma Corp. (CTIC) announced that it received written communication from the U.S. Food and Drug Administration on February 4, 2016, that the FDA has placed a partial clinical hold on the clinical studies being conducted under the Company's Investigational New Drug or "IND" application for pacritinib....

Celyad (CYAD), a developer of engineered cell therapies, with clinical programs in cardiovascular disease and immuno-oncology, announced Monday that William Wijns has been appointed as Chairman of the CHART-1 Steering Committee. In his role, he will oversee the scientific committee in charge of the...

Venture Global LNG, which aims to be a long-term, low-cost producer of LNG, announced Monday that its subsidiary, Venture Global Calcasieu Pass, LLC has entered into a sales and purchase agreement with Shell NA LNG LLC, Under the deal, Shell has agreed to purchase one million tonnes per annum or...

ON Semiconductor Corp (ON) reported a turnaround to profit in the fourth quarter despite lower revenues. Adjusted earnings per share matched analysts' expectations, while revenues missed their estimates. Looking ahead, the company forecast first-quarter revenues in line with the Street expectations. The...

Horizon Bancorp (HBNC) and Kosciusko Financial, Inc. announced they have executed a definitive agreement whereby Horizon will acquire Kosciusko and its wholly-owned subsidiary, Farmers State Bank, an Indiana state chartered bank, through a stock and cash merger. Under the terms of the merger agreement,...

Dish Network Corp. (DISH) said that it plans to open a software development office in downtown Denver and expects to add up to 100 new technology jobs at the location. The initiative is part of DISH's expansion of its in-house software development capacity to support its products and services including...

Volkswagen AG (VKW.L, VLKAF.PK, VOW.BE) said that it delays reporting of results for fiscal year 2015 due to remaining open questions and the resulting valuation calculations relating to the diesel emissions issue. At same time, the reporting of the annual and consolidated annual financial statements...

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