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Veolia Environment SA (VE) announced Tuesday that its Water business in France received new contracts worth 170 million euros from the city of Saint-Pierre in Reunion Island, Frontignan and the La Barche inter-municipal wastewater service. The contract for the drinking water and wastewater public...

German software and service provider SAP SE (SAP) on Tuesday announced more than 2 billion euros spend in France over the next five years. The investments are intended to accelerate the company's fast growth in the cloud and advance a technology community focused on machine learning or ML, blockchain,...

Prudential plc (PRU.L), a British financial services group, Tuesday said it has reached an agreement to sell its consumer finance business in Vietnam, Prudential Vietnam Finance Company Limited or PVFC, for a consideration of $151 million, subject to regulatory approvals. The agreement is with Shinhan...

International Consolidated Airlines Group S.A. (ICAGY.PK, IAG.L) Tuesday announced that its bid to acquire assets of the Austrian airline NIKI was unsuccessful. On December 29, 2017, IAG announced that it had agreed to buy assets of NIKI under the German insolvency process, subject to customary closing...

South African integrated energy and chemicals company Sasol Ltd. (SSL) on Tuesday said it expects earnings per share for the first half to decrease by between 20% and 25%, approximately R2,84 to R3,55 per share, from the prior period earnings per share of R14,21. Headline earnings per share for the...

French grocery retailer Carrefour Group (CRERF, CRRFY, 0NPH.L) said that it will invest 2.8 billion euros over five years, or six times more than current investments, to gain a new dimension in digital and omnichannel. It also launched efficiency plan aimed at generating 2 billion euros in full-year...

UK Competition and Markets Authority or CMA on Tuesday published provisional findings and the related notice of possible remedies regarding its investigation into the proposed acquisition of the remaining shares in Sky plc (BSY.L, SKY.L) by Rupert Murdoch's 21st Century Fox, Inc. (FOXA, FOX). In its...

easyJet Plc (ESYJY.PK, EZJ.L) reported Tuesday that total revenue in the first quarter increased 14.4% to 1.14 billion pounds from 997 million pounds last year. Passenger revenue increased 13 percent to 914 million pounds from prior year's 809 million pounds. The company reported an increase of 1.4...

Logitech International (LOGI) reported that its net income for the third quarter of fiscal Year 2018 declined to $80.77 million or $0.48 per share from $97.47 million or $0.59 per share in the prior year. GAAP profitability was impacted by a one-time $16 million net tax expense following the reduction...

A former Fiat Chrysler Automobiles NV (FCAU) executive pleaded guilty Monday to making illegal payments to United Auto Workers union leaders and to filling a false tax return that failed to include $840,000 in income illegally siphoned from the company, according to reports. Alphons Iacobelli, 58...

Activist investor Bill Ackman is eliminating 10 employees after assets overseen by his hedge fund firm shrank, according to reports citing a person familiar with the matter. With Pershing Square Capital Management now overseeing about $9 billion -- less than half the assets it had at its 2015 peak...

Novartis (NVS) reported positive results from the Phase IIIb LIBERTY study assessing the efficacy and safety of erenumab 140mg in patients with episodic migraine who had experienced two to four previous preventive treatment failures, due to lack of efficacy or intolerable side effects. The study met...

ResMed Inc. (RMD) reported that the U.S. tax reform significantly revised the U.S. corporate income tax by, among other things, imposing a one-time transition tax on unremitted foreign earnings, lowering the corporate income tax rate from 35 percent to 21 percent and implementing a territorial tax system...

Adobe (ADBE) updated its financial targets to include expected financial impacts of the Tax Cuts and Jobs Act. In fiscal 2018, Adobe expects to achieve earnings per share of approximately $4.72 on a GAAP-basis, and $6.20 on a non-GAAP basis. The company's prior targets were approximately $4.40 on a GAAP-basis,...

Carl Icahn and Darwin Deason, the first and third largest shareholders of Xerox Corp. (XRX), announced they have formed a group with respect to the contemplated solicitation of proxies to elect four new individuals to the board at the 2018 annual meeting of Xerox's shareholders. Carl Icahn and Darwin...

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