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PepsiCo, Inc. (PEP) announced, Ramon Laguarta, currently CEO, Europe Sub-Saharan Africa (ESSA), will become president, PepsiCo. He will shape PepsiCo's corporate strategy, and specifically, will oversee the company's Global Category Groups; its Global Operations, Corporate Strategy, and Public Policy...

21st Century Fox Inc. (FOX, FOXA) said it has noted today's statement by the Secretary of State for Digital, Culture, Media and Sport that she is continuing to consider the representations made before she makes her decision on the company's proposed acquisition of the remaining shares of British satellite...

Japan-based Astellas Pharma Inc. (ALPMY, ALPMF) announced Thursday that the U.S. Food and Drug Administration granted orphan-drug designation to gilteritinib in patients with acute myeloid leukemia or AML. Gilteritinib is a receptor tyrosine kinase inhibitor of FLT3 and AXL, which are involved in...

A. Schulman, Inc. (SHLM) lowered its 2017 adjusted net income guidance range to $1.60 to $1.70 per share and adjusted EBITDA to $200 to $204 million. The company said the revision is driven by margin compression in the European business as well as weakened operating results from previous forecasts in...

Ossen Innovation Co., Ltd. (OSN) announced a share exchange agreement with America-Asia Diabetes Research Foundation, a California corporation that owns 90.27% of the equity interests of San MediTech (Huzhou) Co. Ltd., a China-based medical device company, and the shareholders of the Foundation. Ossen...

Alliance Data Systems Corp. (ADS), a provider of data-driven marketing and loyalty solutions, reported Thursday that its second-quarter net income dropped 2 percent to $138 million from last year's $141 million. Earnings per share, however, climbed 99 percent to $2.47 from $1.24 a yer ago, reflecting...

India-based software services company Wipro Ltd. (WIT) reported that its first-quarter net profit attributable to equityholders of the company increased 1.2 percent to 20.77 billion Indian rupees or $321 million from 20.52 billion rupees in the year-ago period. Earnings per share were 4.28 rupees or...

Merck & Co. Inc. (MRK) said that the U.S. Food and Drug Administration has granted tentative approval for LUSDUNA Nexvue or insulin glargine injection 100 units/mL, a follow-on biologic1 basal insulin in a pre-filled dosing device. LUSDUNA Nexvue is being developed by Merck with funding from Samsung...

Pool Corp. (POOL) Thursday reported second quarter net income attributable to the company of $94.903 million, up from $85.435 million in the prior year. Earnings per share for the quarter increased 12 percent to $2.21 from $1.98 in the previous year. On average, seven analysts polled by Thomson...

The Sherwin-Williams Company (SHW) announced the company updated guidance for full year 2017 net income per common share to be in the range of $12.30 to $12.70. The guidance includes a $2.50 per share charge from costs associated with the acquisition of Valspar, and includes an EPS increase of $0.75...

MarineMax Inc. (HZO) updated its annual guidance expectations for fully taxed earnings per share to be in the range of $0.97 to $1.02 for fiscal 2017, from $1.14 to $1.24. Analysts polled by Thomson Reuters expect the company to report earnings of $1.22 per share for fiscal year 2017. Analysts' estimates...

Private equity firm Blackstone Group L.P. (BX) reported that its second-quarter attributable net income climbed 73 percent to $342.78 million from $198.63 million in the year-ago period. Earnings per unit more rose to $0.51 from $0.30 a year earlier. Economic net income was $705.37 million or $0.59...

Philip Morris International Inc. (PM) revised, for currency only, its 2017 reported earnings per share to a range of $4.78 to $4.93, at prevailing exchange rates. Excluding an unfavorable currency impact, at prevailing exchange rates, of approximately $0.14 for the full-year 2017, as well as the favorable...

Sonoco Products Company (SON) said that it now expects base earnings guidance for full-year 2017 to be a range of $2.73 to $2.80, which includes a targeted $0.07 per share expected to come from current-year acquisitions. The updated guidance slightly narrows the range of the Company's previous guidance...

WABCO Holdings Inc. (WBC) announced, considering the latest developments in market dynamics, tax environment and foreign exchange movements, the company raised its previously disclosed guidance for full year 2017. Performance EPS is now targeted in the range of $6.05 - $6.35, up from prior outlook of...

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