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IG Group Holdings plc. (IGG.L) reported that its revenue for the first quarter of its 2018 financial year rose 21% to 135.2 million pounds from last year's 111.4 million pounds. The prior year period was impacted by proactive management actions to protect clients from the extreme volatility at the time...

Mitchells & Butlers plc (MAB.L, MLB) reported that its total sales have increased by 2.9% in the 51 weeks ended 16 September 2017. Like-for-like sales were up 1.8% during the period. Mitchells & Butlers expects to deliver a full year performance in line with the Board's expectations. The Group noted...

Building materials group CRH plc (CRH, CRH.L) announced Thursday that it has reached an agreement to acquire Ash Grove Cement Co., a US cement manufacturer, for a total consideration of $3.5 billion. The proposed transaction is subject to Ash Grove shareholder and regulatory approvals and will be...

Compass Group Plc (CPG.L, CMPGF.PK) announced that Richard Cousins has decided to step down from his role as Group CEO on 31 March 2018 and to retire from the Group on 30 September 2018. He will be succeeded by Dominic Blakemore, currently Chief Operating Officer Europe. Dominic will become Deputy Chief...

German re-insurer Hannover Re AG (HVRRY.PK, HVRRF.PK) Thursday announced that its profit guidance is at risk, which means that the targeted Group net income of more than 1 billion euros may not be achieved. According to the firm, its defined large loss budget of 825 million euros is expected to exceed,...

Japanese conglomerate Toshiba Corp.'s (TOSYY.PK, TOSBF.PK) board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen or $18 billion, taking an important step toward ending a contentious bidding process that has stretched over eight months. Under the procedure...

Nicox S.A. (NICXF.PK), a French ophthalmic company, announced Thursday that its subsidiary Nicox Ophthalmics, Inc. has entered into an exclusive licensing agreement with Eyevance Pharmaceuticals LLC, for the commercialization of ZERVIATE (cetirizine ophthalmic solution) 0.24%, in the US. Under the...

Pfizer (PFE) said it filed suit in the U.S. District Court for the Eastern District of Pennsylvania against Johnson & Johnson, alleging that J&J's exclusionary contracts and other anticompetitive practices have denied U.S. patients access to therapeutic options and undermined the benefits of robust price...

Scientific Games Corp. (SGMS) will acquire all of the outstanding ordinary shares of NYX Gaming Group Limited (NYX.V) for C$2.40 per share, equivalent to an enterprise value of approximately C$775 million, or approximately US$631 million, the companies said. Scientific Games noted that the transaction...

American Eagle Outfitters, Inc. (AEO) announced plans to enter India through licensed stores. The company has signed a multi-year license agreement with the Aditya Birla Group. The first stores are expected to open in Mumbai and Delhi in Spring 2018. The Aditya Birla Group is an Indian multinational...

The Meet Group, Inc. (MEET) announced a definitive agreement to acquire Germany-based LOVOO, a social dating app, for $70 million in cash, inclusive of a $5 million contingent earn-out. The company expects this acquisition to close in October 2017. LOVOO, which has 97 full-time employees in Dresden...

Nalco Champion, an Ecolab company (ECL), announced a price increase for customers in all its segments. Pricing for most Nalco Champion products and programs will increase globally between 6 and 9 percent. The price increase will be effective Oct. 1, 2017. The company said the price adjustment is driven...

General Mills (GIS) reported that its adjusted EPS totaled $0.71 in the first quarter, down 9 percent from the prior year. Constant-currency adjusted EPS also declined 9 percent, reflecting lower adjusted operating profit. On average, 17 analysts polled by Thomson Reuters expected the company to report...

Carpenter Technology Corp. (CRS) said it will increase base prices three percent to eight percent on new non-contract orders across all stainless steel product forms. The increases will be effective with new orders placed after September 30, 2017. The company added that all applicable surcharges will remain in effect.

Alnylam Pharmaceuticals, Inc. (ALNY) and Sanofi Genzyme, the specialty care global business unit of Sanofi, announced that the APOLLO Phase 3 study of patisiran, an investigational RNAi therapeutic being developed for patients with hereditary ATTR amyloidosis with polyneuropathy, met its primary efficacy...

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