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Baxter International Inc. (BAX) announced a quarterly cash dividend and an expanded authorization for its share repurchase program. The Board of Directors of Baxter has declared a quarterly cash dividend of $0.19 per share of common stock, payable on January 2, 2019, to stockholders of record as of...

BGC Partners Inc. (BGCP) said that its board has approved the distribution of all of the shares of Newmark Group Inc. (NMRK) held by the Company to stockholders of BGC. The Company will distribute these Newmark shares through a special pro rata stock dividend. The Spin-Off will be effective as of...

ProPetro Holding Corp. (PUMP) said that it reached an agreement with affiliates of Pioneer Natural Resources Co. (PXD) by which ProPetro will become a strategic long-term service provider to Pioneer providing pressure pumping and related services for a term of up to 10 years. As per the agreement,...

Johnson Controls International plc (JCI) said that it agreed to sell its Power Solutions business to Brookfield Business Partners L.P. (BBU) together with institutional partners including Caisse de dépôt et placement du Québec in a cash transaction valued at $13.2 billion. Net cash proceeds are expected...

Baker Hughes, a GE company (BHGE) said Tuesday that General Electric Co. (GE), the selling stockholder, has commenced a secondary offering of 92 million shares of BHGE Class A common stock, par value $0.0001 per share. The underwriters will have a 30-day option to purchase up to an additional 9.2...

Baker Hughes, a GE company (BHGE) and General Electric Co. (GE) jointly said Tuesday that they have entered into a series of long-term agreements that amend the commercial and technological relationships between the two companies. The agreements focus on long-term collaboration on critical rotating...

Shire plc (SHPG, SHP.L) announced the U.S. FDA has accepted for filing the supplemental new drug application to extend the indication of GATTEX (teduglutide) for Injection to pediatric patients with Short Bowel Syndrome who are dependent on parenteral support. GATTEX is a prescription medicine indicated...

JetBlue Airways Corp. (JBLU) said that its traffic in October 2018 increased 9.5 percent from the year-ago period, on a capacity increase of 8.9 percent. The airline said its October traffic increased to 4.06 billion revenue passenger miles or RPMs from 3.70 billion RPMs in the same period last year. The...

National Vision Holdings Inc. (EYE) reported that its net income for the third-quarter was $5.8 million compared to net income of $1.5 million for the third quarter of 2017. Earnings per share was $0.07 compared to $0.03 per share for the third quarter of 2017. Adjusted net income increased 57.7%...

D.R. Horton, Inc. (DHI) announced the acquisition of Westport Homes, a homebuilder in Indianapolis and Fort Wayne, Indiana, and Columbus, Ohio. D.R. Horton also acquired control of approximately 3,200 lots through option contracts. D.R. Horton expects to pay approximately $190 million in cash for the...

Independent petroleum refiner and marketer HollyFrontier Corp. (HFC) said Tuesday that it has agreed to acquire Sonneborn US Holdings Inc. and Sonneborn Co?peratief U.A., collectively Sonneborn, for $655 million, including working capital with an estimated value of $72 million. The transaction is expected...

Beazer Homes USA Inc. (BZH) said that its board has approved a new share repurchase program authorizing management to repurchase up to $50 million of the company's outstanding common stock. The company intends to reduce its outstanding Senior Notes by approximately the same dollar value of shares repurchased...

While reporting its third-quarter financial results on Tuesday, Advance Auto Parts Inc. (AAP) raised its outlook for fiscal 2018 net sales and comparable store sales, citing continued operational improvement in the third quarter, coupled with the improving demand environment. The company now forecasts...

The Home Depot (HD) announced, for fiscal 2018, the company now expects: earnings-per-share growth of approximately 33.8 percent from fiscal 2017 to $9.75; sales growth of approximately 7.2 percent; and comp sales growth of approximately 5.5 percent for the comparable 52-week period. The company noted...

Marsh, a unit of professional services firm Marsh & McLennan Companies Inc (MMC), announced Tuesday the formation of Marsh-JLT Specialty. It will be a new specialty business within Marsh that combines the specialty teams of Marsh and Jardine Lloyd Thompson Group plc (JLT). This is effective upon closing...

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