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Novartis (NVS) announced additional analyses from the Phase III MONALEESA-2 study that show LEE011 or ribociclib plus letrozole significantly prolonged progression-free survival or PFS across pre-planned patient subgroups with hormone receptor positive, human epidermal growth factor receptor-2 negative...

Coca-Cola Co. (KO) said Friday that its board has approved unanimously the recommendation of Chairman and Chief Executive Officer Muhtar Kent for an evolution of the company's senior leadership structure. Under the new structure, James Quincey, President and Chief Operating Officer, will succeed Kent...

Panera Bread Co. (PNRA) said that it has appointed Blaine Hurst as President effective Monday, December 12, 2016, following the resignation of Drew Madsen for personal reasons. Hurst has been with Panera since 2010 and has held a number of senior leadership positions, most recently as Executive Vice...

American Airlines Group Inc. (AAL) reported November traffic of 16.8 billion revenue passenger miles (RPMs), down 0.2 percent versus November 2015. Total capacity was 20.8 billion available seat miles (ASMs), up 0.1 percent versus November 2015. Total passenger load factor was 80.9 percent, down 0.3...

Health Canada has approved ZINBRYTA (daclizumab beta), a new once-monthly, self-administered, subcutaneous treatment for adult patients with active relapsing remitting multiple sclerosis (RRMS), who have had an inadequate response to, or are unable to tolerate, one or more therapies indicated for the...

Lufthansa Group (DLAKF) reported that, for Total Lufthansa Group Airlines, traffic for the month of November rose 10.1% to 15.58 billion Revenue seat-kilometers. Capacity was up 9.3% to 20.56 billion Available seat-kilometers. Passenger load-factor was up 0.5 percentage points to 75.8%. For the Lufthansa...

W. P. Carey Inc. (WPC), an internally-managed net lease real estate investment trust, said its Chief Operating Officer and Head of Asset Management, Thomas Zacharias, has informed he will retire from the company effective March 31, 2017. Zacharias will remain a consultant for the balance of 2017. W.P....

Myriad Genetics, Inc. (MYGN), a molecular diagnostics and personalized medicine firm, announced Friday that the EndoPredict Test significantly outperformed the first-generation test in predicting the risk of node-negative and node-positive breast cancer recurrence. The company was announcing results...

Eli Lilly and Co. (LLY) and AstraZeneca announced a worldwide agreement to co-develop MEDI1814, an antibody selective for amyloid-beta 42 (Aß42), which is currently in Phase 1 trials as a potential disease-modifying treatment for Alzheimer's disease (AD). This agreement builds on the existing collaboration...

PPG Industries Inc. (PPG) announced its board has approved restructuring actions to reduce global cost structure. The company will record a pretax restructuring charge of $190 million to $200 million, or 53-58 cents per share, in the fourth quarter 2016, of which approximately $140 million represents...

Genesee & Wyoming Inc. (GWR) today reported traffic volumes for November 2016. G&W's traffic in November 2016 was 247,470 carloads, an increase of 8,856 carloads, or 3.7 percent, from the year-ago period, The carloadings do not include shipments from the Providence and Worcester Railroad Co., which...

Comdirect bank AG (CDBG) announced an agreement with Boursorama S.A. to acquire its entire shareholding in OnVista AG, domiciled in Frankfurt am Main. The companies have agreed not to disclose the purchase price. OnVista AG comprises an online broker, in the form of OnVista Bank GmbH, and the www.onvista.de...

ChipMOS Technologies Inc. (IMOS), a Taiwan-based provider of outsourced semiconductor assembly and test services, reported Friday that its consolidated revenue for the month of November 2016 increased 1.7 percent to NT$1.60 billion or $50.2 million from last year's NT$1.58 billion or $49.4 million. Sequentially,...

Electrolux (0MDT.L, 0GQ1.L, ELUXY.PK) said it is focused on achieving sustainable profitability in all business areas, with high priority on securing a Group EBIT margin of 6% over the business cycle. This will be achieved through innovative product launches and an active product portfolio management,...

German drug discovery solutions company Evotec AG (EVTCY.PK, EVOTF.PK) announced Friday a strategic alliance with biotechnology start-up Forge Therapeutics, Inc. to advance its novel Gram-negative antibiotic programme targeting 'LpxC' for the treatment of bacterial infections including those caused by...

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