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Infineon Technologies AG (IFNNY), a German manufacturer of semiconductors and system solutions, said that it increased the outlook for revenues and Segment Result Margin for the second quarter of 2017 fiscal year and increased the outlook for revenues and Segment Result Margin for the full 2017 fiscal...

Novo Nordisk (NVO) said Friday that the Committee for Medicinal Products for Human Use or CHMP, under the European Medicines Agency or EMA, has issued a positive opinion, recommending an update of the label for Tresiba (insulin degludec) to include data from the SWITCH 1 and 2 clinical trials. In the...

TransCanada Corp. (TRP, TRP.TO) announced that the U.S. Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline. "We greatly appreciate President Trump's Administration for reviewing and approving this important initiative and we look forward to working...

SeaWorld Entertainment, Inc. (SEAS), a theme park and entertainment company, announced Friday that a unit of Zhonghong Zhuoye Group Co., Ltd. will acquire an approximately 21% equity interest in SeaWorld from certain funds affiliated with Blackstone at a price of $23.00 per share. Upon receipt of...

Xenon Pharmaceuticals Inc. (XENE) reported topline efficacy results from the double-blind, multi-center, vehicle-controlled, parallel-group study designed to evaluate XEN801 for the treatment of moderate to severe facial acne. The company said the results from the trial showed that XEN801 did not demonstrate...

Salzgitter AG (SZGPF.PK, SZGPY.PK) announced its Executive and Supervisory boards will propose that the General Meeting of Shareholders, to be held on June 1, 2017, approve a dividend payment of 0.30 euros per share. Salzgitter said the company continues to pursue its policy of steady dividend distribution. Salzgitter...

Royal Dutch Shell plc. (RDS-B, RDSB.L, RDSA.L, RDS-A) Friday announced that it has reached an agreement to sell its Gabon onshore interests to Assala Energy Holdings Ltd. a portfolio company of Carlyle Group (CG), for $587 million. Assala Energy will also assume debt of $285 million as part of the transaction. The...

Swedish home appliances giant Electrolux AB (0MDT.L, 0GQ1.L, ELUXY.PK) on Friday announced that the proposed dividend of 7.50 Swedish kronor per share was adopted. The Annual General Meeting held on March 23 adopted the proposal that the dividend shall be paid in two equal installments of 3.75 kronor...

British technology company Smiths Group plc (SMIN.L) reported Friday that its first-half pre-tax profit climbed to 346 million pounds from last year's 168 million pounds. Earnings per share were 75.6 pence, higher than 32.5 pence a year ago. Headline pre-tax profit was 248 million pounds, compared...

Amazon (AMZN) announced two new devices joining its Prime Exclusive Phones. Alcatel is bringing its first device to the program — the Alcatel A30 for $59.99 for Prime members, $40 off the full retail price. Motorola's recently announced Moto G5 Plus will be offered starting at $184.99 for Prime members,...

Genentech, a member of the Roche Group (RHHBY.PK), announced Friday that the U.S. Food and Drug Administration or FDA has granted Breakthrough Therapy Designation status to Rituxan (rituximab) for pemphigus vulgaris. Pemphigus vulgaris is a rare, serious and life-threatening condition characterized...

Retailer Macy's, Inc. (M) announced Thursday that its board of directors has unanimously elected Jeff Gennette chief executive officer, effective that day. As announced earlier, Gennette succeeds Terry Lundgren, who will continue as executive chairman. It was in June last year that the department...

Emerson Electric Co. (EMR) Friday said it has opened an advanced additive manufacturing center at its Singapore campus. This is Emerson's second location to have additive manufacturing capabilities, ie., making 3D objects from a digital model. Through this center, Emerson will use additive manufacturing...

Apparel company PVH Corp. (PVH) announced late Thursday that it has entered into agreements with Hong Kong-based Li & Fung Limited for a new supply chain relationship. The transaction is expected to close on July 1, 2017. The agreements transform the current non-exclusive buying agency agreement...

Walt Disney Co. (DIS) said Thursday that its board has extended Robert Iger's contract as Chairman and Chief Executive Officer to July 2, 2019. "Given Bob Iger's outstanding leadership, his record of success in a changing media landscape, and his clear strategic vision for Disney's future, it is obvious...

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