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Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) said that the integration of Monsanto into the Bayer Group can begin following the completion of the divestment by Bayer to BASF of certain Crop Science businesses with a total sales volume of around 2.2 billion euros. Bayer said it already became the sole owner of...

Eisai Inc. (ESALY.PK) and Merck & Co. Inc. (MRK) said that the U.S. Food and Drug Administration approved the kinase inhibitor Lenvima, or lenvatinib, for the first-line treatment of patients with unresectable hepatocellular carcinoma or HCC. This approval was based on results from REFLECT (Study...

Zoe's Kitchen Inc. (ZOES) said Friday that it agreed to be acquired in a transaction by privately held Cava Group, Inc. The combined companies will have 327 restaurants in 24 states throughout the U.S. As per the terms of the agreement, Zoës Kitchen shareholders will receive $12.75 in cash for each...

SJW Group (SJW) said that its Board rejected the revised proposal announced on August 13, 2018, by California Water Service Group (CWT) or "Cal Water" to acquire all outstanding shares of SJW Group common stock for $70.00 per share in cash, a 2.6% increase or a 1.9% increase on an enterprise value basis...

Deere & Co. (DE) said that it now expects net income attributable to the company for fiscal year 2018 to be about $2.360 billion, net sales and revenues to increase by about 26 percent for fiscal 2018. The company said in May that it expected net income attributable to the company to be about $2.3 billion,...

Regeneron Pharmaceuticals, Inc. (REGN) said that the U.S. Food and Drug Administration or FDA has approved a supplemental Biologics License Application or sBLA for Eylea (aflibercept) Injection in patients with wet age-related macular degeneration or wet AMD. The sBLA was based on second-year data...

Bristol-Myers Squibb Co. (BMY) said that Opdivo (nivolumab) received approval from the U.S. Food and Drug Administration as the first and only Immuno-Oncology treatment option for patients with metastatic small cell lung cancer whose cancer has progressed after platinum-based chemotherapy and at least...

A.P. Møller - Mærsk A/S (AMKAF.PK,AMKBF.PK) reported that its second-quarter profit was $26 million, compared to a loss of $264 million in the same quarter last year. In addition, the company said it has decided to pursue a separate listing of Maersk Drilling on Nasdaq Copenhagen while the pursuit of...

Golden Ocean Group Limited (GOGL) reported that its net income for the second quarter of 2018 was $9.0 million or $0.06 per share, compared to net loss of $12.0 million or $0.10 per share for the second quarter of 2017. Adjusted EBITDA of $54.0 million for the second quarter of 2018, compared with...

The U.S. Securities regulators began investigating last year whether Tesla Inc. (TSLA) misled investors about its Model 3 car production problems, the Wall Street Journal reported citing people familiar with the matter. The Securities and Exchange Commission subpoenaed a parts supplier for the auto...

The Kroger Co. (KR) and Nuro announced Scottsdale, Arizona as the city for their self-driving grocery delivery pilot. Earlier this summer, Kroger and Nuro, maker of driverless delivery vehicle, announced a partnership to begin testing grocery delivery using Nuro's robots. Through the new self-driving...

Archer Daniels Midland Co. (ADM) announced Thursday said it agreed to purchase certain assets of Brzil based Algar Agro, including oilseeds processing facilities in Uberlândia Maranhão. ADM will become owner of integrated crush and oil refining/bottling facilities in Uberlândia and Porto Franco....

Wendy's Co. (WEN) said that it accepted an offer from Inspire Brands (Owner of Arby's, Buffalo Wild Wings, and R Taco) to sell its 12.3% ownership interest in the company back to Inspire Brands for $450 million. The agreement represents a 38% premium on the Wendy's Company's previous valuation of...

Hershey Co. (HSY) said that Patricia Little, Senior Vice President and Chief Financial Officer, intends to retire from the company in the spring of 2019. Little has served as the company's CFO since joining in 2015. Hershey has commenced a search for a CFO successor. Michele Buck, President...

J. C. Penney Company, Inc. (JCP) reported that its second quarter net loss widened to $101 million or $0.32 per share, from $48 million, or $0.15 per share in the same period last year. But, comparable sales increased 0.3 % for the second quarter. The company said it will continue to take actions...

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