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Bristol-Myers Squibb Company (BMY) announced the Japanese Ministry of Health, Labor and Welfare has approved Opdivo (nivolumab) for the treatment of unresectable advanced or recurrent gastric cancer which has progressed after chemotherapy. Opdivo has now been approved for six indications in Japan. The...

French grocery retailer Carrefour Group (CRERF, CRRFY, 0NPH.L) announced Friday the appointment of a Group Executive Committee for improved management of the Group. Alexandre Bompard, Chairman and Chief Executive Officer of Carrefour, announced that the new management team comprises managers from...

Polaris Materials Corp. (PLS.TO), a developer and operator of construction aggregate quarries in Canada, announced Friday that it has received an unsolicited offer from a major US-listed construction materials company. The offer is to buy the company by way of a statutory plan of arrangement for cash...

AECOM (ACM), a premier, fully integrated global infrastructure firm, announced late Thursday a formalized capital allocation policy. This includes the authorization by the Board of Directors of a new $1 billion stock repurchase program. The capital allocation policy's key features include allocating...

Ultra Petroleum Corp. (UPL) confirmed that late Thursday, the bankruptcy court overseeing its earlier restructuring proceedings denied the company's objection to certain make-whole and post-petition interest claims that remained following its emergence from chapter 11. Michael Watford, President,...

Boeing [BA] announced that it projects a demand for 4,210 new airplanes, valued at $650 billion, over the next 20 years in Southeast Asia. The company presented its Southeast Asia Current Market Outlook today during a briefing at Boeing's regional headquarters in Singapore. The annual report forecasts...

German automaker Daimler AG (DDAIF.PK) announced that Mercedes-Benz plans to invest $1 billion at its Tuscaloosa, Alabama plant to start building electric sport-utility vehicles. The company specified that the investments will create more than 600 additional jobs. Mercedes-Benz said it will start...

Swedish telecom company Telia Co. AB (0H6X.L, TLSNY.PK) and its Uzbek subsidiary, Coscom LLC, entered into a global foreign bribery resolution and agreed to pay a combined total penalty of more than $965 million to resolve charges arising out of a scheme to pay bribes in Uzbekistan. The global settlement...

MongoDB, general purpose database platform, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. No pricing terms were disclosed. The company, which provides enterprises with an open source NoSQL database platform, plans to list under the ticker symbol "MDB" on...

Hewlett Packard Enterprise Co. (HPE) plans to cut about 10% of its staff, or 5,000 workers, the Bloomberg reported, citing people familiar with the matter. The reductions are expected to start before the end of the year, the report specified. The cuts at the company are likely to affect workers in...

Chipmaker Infineon Technologies AG (IFNNY) and a private company trading under the name Neptune 6 Ltd. announced that they have signed a definitive agreement under which Neptune 6 will acquire IR Newport Ltd., a subsidiary manufacturing site of Infineon. Both parties expect to conclude the deal by the...

Perrigo Company plc (PRGO) said that it received final approval from the U.S. Food and Drug Administration for its AB rated Abbreviated New Drug Application referencing Exalgo 32mg extended release tablets or hydromorphone HCl. The company anticipates launching this product by the end of September...

Brookline Bancorp, Inc. (BRKL) and First Commons Bank, N.A. announced the execution of an agreement and plan of merger, by which First Commons Bank will merge with and into Brookline Bank. As per the terms of the agreement, Brookline will pay $16.70 per share, or $52.5 million in Brookline stock,...

Career Education Corp. (CECO), a provider of postsecondary education programs, said that A.J. Cederoth, Senior Vice President and Chief Financial Officer, will be leaving the Company to pursue other opportunities. Cederoth's employment with the Company is expected to continue through September 30, 2017. The...

KB Home (KBH) disclosed in a regulatory filing that its board determined that the bonus payment Jeffery Mezger, the President and Chief Executive Officer of the Company, would have otherwise been entitled to receive for fiscal year 2017 shall be reduced by 25 percent. The company board said,"Jeffrey...

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