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Strategic partners Walmart (WMT) and JD.com (JD) announced that they are expanding cooperation to further integrate platforms, supply chains and customer resources in China. Coinciding with the launch of the first JD-Walmart 8.8 omni-channel shopping festival on August 8, the new initiatives aim...

Philip Morris International Inc. (PM), an international tobacco company, Tuesday said it is investing about 490 million euros to transform its cigarette production factory in Otopeni, near Bucharest, Romania, into a high-tech facility to manufacture HEETS, the tobacco units used with the electronic tobacco...

Italian telecom giant Telecom Italia SpA (TIAOF.PK, TI) on Monday said Chief Executive Flavio Cattaneo has resigned. The move is said to be following mounting tensions with Telecom Italia's largest shareholder Vivendi SA. The company and Cattaneo have agreed on the consensual termination of his employment...

PZ Cussons Plc (PZC.L), an international consumer products group, reported profit before tax of 88.0 million pounds for the year ended 31 May 2017, up from 83.7 million pounds in the prior year. However, basic earnings per share declined to 15.34 pence from 16.16 pence last year. Profit to owners...

Nasdaq Inc. (NDAQ) announced that it has entered into a definitive agreement to acquire Sybenetix, a surveillance provider that combines behavioral analytics and cognitive computing with financial markets expertise. Sybenetix's technology offering is designed to solve key surveillance challenges facing...

Informa plc (INFMF.PK, INF.L) reported statutory pretax profit of 148.8 million pounds for six months to 30 June 2017 compared to 98.9 million pounds, last year. Statutory profit for the period increased to 116.2 million pounds or 14.1 pence per share from 89.2 million pounds or 12.6 pence per share....

STADA Arzneimittel AG (STDAY.PK, STDAF.PK) said that it's Executive Board and Supervisory Board have published their reasoned joint statement on the renewed voluntary public takeover offer by Nidda Healthcare Holding AG, the acquiring company of Bain Capital and Cinven Partners LP, for all outstanding...

Specialty chemicals maker Croda International Plc. (CRDA.L) reported Tuesday that its first-half IFRS profit before tax climbed 15.8 percent to 168 million pounds from 145.1 million pounds last year. Basic earnings per share were 92.4 pence, up 20 percent from 77 pence last year. Adjusted profit...

Michael Kors Holdings Limited (KORS), a global fashion luxury brand, said that it has reached an agreement to acquire Jimmy Choo PLC (CHOO.L), a premier global luxury footwear and accessories brand. As per the terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an...

Domino's Pizza Group PLC (DOM.L) reported that its first-half pretax profit increased year-over-year to 46.23 million pounds from 40.87 million pounds in the same period last year. Profit for the period from continuing operations rose to 37.65 million pounds from 33.03 million pounds last year. Earnings...

Cott Corp. (COT, BCB.TO) said it has entered into a definitive agreement to sell its traditional beverage manufacturing business, Cott Beverages, to Refresco for $1.25 billion. The company expects the transaction will shift its core focus to the growing categories of water, coffee, tea and filtration. Refresco...

Aixtron SE (AIXG), a provider of deposition equipment to the semiconductor industry, reported Tuesday that its first-half net result was a loss of 24.9 million euros, compared to loss of 26.6 million euros a year ago. Adjusted loss in the latest period was 10.4 million euros. Earnings before interest...

Dutch paints and chemicals maker AkzoNobel N.V. (AKZA.AS, AKZOY) said it has convened an Extraordinary General Meeting of Shareholders or EGM, to be held at Hilton Hotel in Amsterdam, the Netherlands, on Friday, September 8, 2017. The agenda items include the appointment of T.F.J. Vanlancker as member...

Norwegian aluminium producer Norsk Hydro AS (NHY, NHYDY.PK, NHYDY.PK) reported Tuesday that its second-quarter net income amounted to 1.562 billion Norwegian kroner, down 25 percent from 2.08 billion kroner last year. Earnings per share fell 24 percent to 0.73 krone. Underlying net income was 2.21...

Unibail-Rodamco SE (UNBLF.PK) reported that its first-half net result to owners of the parent increased to 1.46 billion euros from 1.28 billion euros, prior year. Net result for the period per share was 14.0 euros compared to 12.4 euros. Recurring net result increased to 614 million euros from 575 million...

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