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Sify Technologies Limited (SIFY) reported that its net profit for the second-quarter was INR 253 million, an increase of 25% over the same quarter last year. EBITDA for the quarter was INR 771 million, an increase of 8% over the same quarter last year. Revenue for the quarter was INR 5.509 billion,...

NCR Corp. (NCR) said Monday it has agreed to acquire Allentown, Pennsylvania-based JetPay (JTPY), a provider of end-to-end payment processing and Human Capital Management solutions, for about $184 million. The offer has been approved by each company's board of directors. The transaction will be a...

FUCHS (FUPEF.PK) reported that, in the first nine months of 2018, the Group generated an increase in sales of 5% to 1.95 billion euros, and a growth in EBIT of 1% to 285 million euros. Including income from the sale of an at equity share, EBIT increased by 6% to 297 million euros. FUCHS said the current...

Lennox International Inc. (LII) said that it lowered its 2018 GAAP earnings per share from continuing operations guidance to a range of $8.11-$8.51 from the prior range of $8.38-$8.78, reflecting additional tornado impact in 2018 than prior guidance; The guidance to be a benefit in 2019 upon receipt...

E+S Ruck of Hannover Re Group (HVRRF.PK, HVRRY.PK) said Monday that it expects modestly higher premiums and stable conditions in Germany. E+S Ruck, which bears responsibility within the Hannover Re Group for its German business, said it continues to expect a positive premium development in the German...

Accenture (ACN) said that it agreed to acquire New Content, an independent Brazilian content marketing agency. The acquisition will enhance Accenture Interactive's ability to serve its clients in Latin America with branded and strategic content that connects people and brands, and helps clients maximize...

Kimberly-Clark Corp. (KMB) said that it appointed Michael Hsu, 54, as Chief Executive Officer, effective January 1, 2019. Hsu will continue to serve as a member of the company's Board of Directors. Hsu has served as Kimberly-Clark's President and Chief Operating Officer since January 1, 2017. Before...

Celgene Corp. (CELG) on Monday announced the first results from the IMpassion130 study evaluating Abraxane, or paclitaxel protein-bound particles for injectable suspension (albumin-bound) in combination with atezolizumab ,or Tecentriq, in patients with first-line locally advanced triple negative breast...

Regeneron Pharmaceuticals, Inc. (REGN) and Sanofi announced the U.S. Food and Drug Administration has approved Dupixent (dupilumab) as an add-on maintenance therapy in patients with moderate-to-severe asthma aged 12 years and older with an eosinophilic phenotype or with oral corticosteroid-dependent...

Icahn Enterprises LP (IEP) announced Monday that its majority-owned subsidiary, American Railcar Industries, Inc. agreed to merge with a wholly-owned subsidiary of ITE Rail Fund L.P., managed by ITE Management L.P., at a price of $70.00 per share, which is 51% above the October 19, 2018 closing price...

American Railcar Industries, Inc. (ARII) announced a definitive agreement to merge with a wholly-owned subsidiary of ITE Rail Fund L.P., managed by ITE Management L.P., at a price of $70.00 per share. The transaction is valued at approximately $1.75 billion (including ARI's net indebtedness). ITE...

Merck (MRK) announced the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion recommending approval of KEYTRUDA, Merck's anti-PD-1 therapy, as adjuvant therapy in the treatment of patients with melanoma with lymph node involvement...

Weatherford International plc (WFT) announced a definitive agreement to sell its laboratory services business to a group led by CSL Capital Management, L.P. for $205 million in cash. Upon closing, Weatherford will use the proceeds to reduce its debt. Weatherford will divest its laboratory and geological...

The EnLink Midstream companies, EnLink Midstream, LLC (ENLC) and EnLink Midstream Partners, LP (ENLK) announced a merger agreement whereby EnLink Midstream, LLC will acquire all outstanding common units of EnLink Midstream Partners, LP not already owned by EnLink Midstream, LLC in a unit-for-unit exchange...

German chemicals giant BASF SE (BFA.L, BASFY.PK) announced Monday that it has selected Harjavalta, Finland, as the first location for battery materials production serving the European automotive market. The plant will be constructed adjacent to the nickel and cobalt refinery owned by Norilsk Nickel or...

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