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Vedanta Resources Plc (VED.L) reported Wednesday that its fiscal 2017 loss attributable to equity holders was $22.7 million, sharply narrower than last year's loss of $1.84 billion. Basic loss per share was 8.2 US cents, narrower than prior year's loss of 665.8 US cents. Underlying attributable...

British telecom major Vodafone Group Plc (VOD, VOD.L) Wednesday announced an agreement to combine mobile operator Vodafone Malta Ltd. and Malta-based cable, broadband and pay TV provider Melita Ltd. The transaction values Vodafone Malta at an enterprise value of 208 million euros, and Melita at an enterprise...

Retailer Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) reported Wednesday that its 52-week fiscal 2017 profit before tax plunged to 176.4 million pounds from 488.8 million pounds recorded in the 53-week last year. Basic earnings per share were 7.2 pence, down from 24.9 pence last year. On...

The European Commission has granted a standard marketing authorization for FAMPYRA or prolonged-release fampridine tablets for walking improvement in people with multiple sclerosis or MS, Biogen (BIIB) announced today. The approval is based on the results of the Phase 3 ENHANCE study, which confirm the...

German apartment owner Vonovia SE (DAIMF) reported Wednesday that its first-quarter funds from operations of FFO 1 totaled 218.2 million euros, 17.1 percent higher than last year's 186.3 million euros, thanks to organic growth. FFO per share grew 17.5 % to 0.47 euro from 0.40 euro a year ago. FFO...

Luxfer Holdings Plc. (LXFR), a UK-based materials technology group, announced Tuesday at its Annual General Meeting that Alok Maskara has been appointed to the board of directors. Maskara will become chief executive officer of the company mid-year, succeeding Brian Purves, who is retiring after 15 years...

Greenlight Capital Inc. urged all GM shareholders to vote in support of its three Director nominees - Leo Hindery, Jr., Vinit Sethi, and William Thorndike, Jr., at the Annual Meeting of Shareholders. "By voting the GREEN proxy card, you send a loud and clear message to the Board that you want change...

Flir Systems, Inc. (FLIR) said that James Cannon has been appointed President and Chief Executive Officer, effective June 19, 2017. He will succeed Andy Teich, whose retirement after 33 years of service was previously announced on February 14, 2017. Cannon previously served for more than 16 years...

FIS (FIS) and Clayton, Dubilier & Rice announced a definitive agreement in which FIS will sell a majority ownership stake in Capco to CD&R, establishing Capco as an independent company. FIS will sell approximately 60 percent equity interest in its Capco business to CD&R funds and receive net cash proceeds...

Cracker Barrel Old Country Store, Inc. (CBRL) reported Tuesday that its third-quarter net income declined 5 percent to $46.92 million from last year's $49.17 million. Earnings per share fell 4 percent to $1.95 from $2.04 in the prior year. On an adjusted basis, earnings per share increased 7.1% from...

Take-Two Interactive Software, Inc. (TTWO), a developer of interactive entertainment, reported Tuesday that its fourth-quarter net income increased to $99.3 million or $0.89 per share from $46.4 million or $0.48 per share for the year-ago period. Net revenue grew 52% to $571.6 million from $377.2...

Merck (MRK) announced the U.S. FDA has accepted for review a supplemental Biologics License Application (sBLA) for KEYTRUDA (pembrolizumab), the company's anti-PD-1 therapy, seeking approval for treatment of patients with recurrent or advanced gastric or gastroesophageal junction adenocarcinoma who have...

Ryanair Holdings plc (RYA.L, RYAAY) announced a new flight partnership with Air Europa, which will allow its customers to book Air Europa long haul flights on the Ryanair website. From May 23, customers can browse and book Air Europa flights on 20 long haul routes from Madrid to 16 countries. The second...

Sonus Networks, Inc. (SONS) and GENBAND announced a definitive agreement under which the two companies will merge under a newly formed holding company. GENBAND is a global leader in real-time communications software solutions for service providers, enterprises, independent software vendors, systems integrators...

Evine Live Inc. (EVLV) announced, for fiscal 2017, the company continues to expect slightly positive sales and adjusted EBITDA to be in the $18 to $22 million range, which would be growth of 11% to 36% year over year. The company noted that these results include a 53rd week in fiscal 2017. For second-quarter,...

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