logo

Quick Facts

Share SHARE

Xerox (XRX) announced long-term financial model as a standalone company, as it expects to complete the separation of Conduent Incorporated on Dec. 31, 2016. The new Xerox expects to: expand operating margins to be in the range of 12.5 - 14.5 percent in the near term by delivering at least $1.5 billion...

Illumina, Inc. (ILMN) announced the appointment of Sam Samad as Senior Vice President and Chief Financial Officer. He will join the company on January 6th, 2017. Sam will be responsible for the company's finance, accounting, investor relations, internal audit and treasury functions. Sam joins Illumina...

Southwest Airlines Co. (LUV) said that it flew 10.4 billion revenue passenger miles or RPMs in November 2016, an increase of 7.2 percent from the 9.7 billion RPMs flown in November 2015. Available seat miles (ASMs) increased 4.9 percent to 12.3 billion in November 2016, compared with November 2015...

Lowe's Companies, Inc. (LOW) announced the company expects earnings per share of approximately $3.521 for the 53-week fiscal year ending February 3, 2017. Total sales are expected to increase 9 to 10 percent, including the 53rd week. The 53rd week is expected to increase total sales by approximately...

As per a report published in The Wall Street Journal, Royal Dutch Shell (RDS-B, RDSB.L, RDSA.L, RDS-A) is expected to sign deals to develop three Iranian oil and gas fields. The company is expected to sign the deals on December 7 with the state-owned NIOC in Iran. Total SA is also reportedly in negotiations...

The Competition and Markets Authority in UK has imposed a 84.2 million pounds fine on Pfizer (PFE), and a 5.2 million pounds fine on the distributor Flynn Pharma after finding that each broke competition law by charging excessive and unfair prices in the UK for phenytoin sodium capsules, an anti-epilepsy...

Hon Hai Precision Ind. Co. Ltd confirmed that the company is in preliminary discussions regarding a potential investment that would represent an expansion of its current US operations. Foxconn said, while the scope of the potential investment has not been determined, it will announce the details of any...

Staples, Inc. (SPLS) and Cerberus Capital Management, L.P. announced they have entered into an agreement in relation to the sale of a controlling interest in Staples' European operations to a Cerberus affiliate. Staples said the company is retaining a 15 percent equity interest in the business and will...

ProSiebenSat.1 Media SE (PBSFF.PK) announced Jan Kemper will be appointed to the Executive Board of the company as CFO, from June 1, 2017. He will succeed Gunnar Wiedenfels, who is leaving the company at the end of March 2017. From April 1 to May 31, 2017, Ralf Peter Gierig will be heading the Finance...

As per media reports, Apple Supplier Foxconn is currently in discussions with US officials regarding the company's entry into the U.S. market. The scope of the potential investment has not been determined. Hon Hai/Foxconn Technology Group is a dependable partner for joint-design, joint-development,...

German conglomerate Siemens AG (SIEGY, SMAWF) Wednesday said it aims to achieve double-digit annual growth in digital businesses. In a statement, the company said it wants to further strengthen its position as a digital company and achieve double-digit growth in software, digital services and cloud...

Merck (MRK), known as MSD outside the United States and Canada, announced positive health-related quality of life (HRQoL) findings from an exploratory analysis from the phase 3 KEYNOTE-024 study investigating the use of KEYTRUDA (pembrolizumab), the company's anti-PD-1 therapy, compared to standard of...

Steinhoff International Holdings N.V. reported Wednesday that its fourth-quarter operating profit increased 12.5 percent to 327 million euros from last year's 291 million euros. This represented an operating profit margin for the group as a whole of 9.7 percent. When adjusting for one of restructuring...

Transport company Stagecoach Group plc (SGC.L) reported Wednesday that its first-half profit before tax declined to 89.5 million pounds from 90.8 million pounds a year ago. Earnings per share were 12.7 pence, slightly down from 12.8 pence a year ago. Adjusted profit before tax was 100.4 million...

Symrise AG (SYIEY.PK, SYIEF.PK), a supplier of fragrances, flavorings and cosmetic active ingredients, announced Wednesday that its Supervisory Board has again renewed the contract of CEO Heinz-Juergen Bertram ahead of schedule for a further five-year term until 2022. According to the firm, the reaffirmation...

Follow RTT