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Whiting Petroleum Corp. (WLL) said it gave notice to mandatorily convert $716.8 million of its outstanding mandatory convertible notes into shares of Whiting common stock on December 19, 2016. Prior to such notice, holders of $4.2 million of outstanding mandatory convertible notes had voluntarily...

H.B. Fuller Co. (FUL) said it plans to accelerate its growth by restructuring various parts of its business to more closely align with the company's 2020 strategic vision. The company noted that the restructuring initiative will include the elimination or relocation of about 220 positions globally...

Corcept Therapeutics Inc. (CORT), a developer of drugs that treat severe metabolic, psychiatric and oncologic disorders, released efficacy data today from its Phase 1/2 trial of mifepristone to treat patients with metastatic or triple-negative breast cancer (TNBC). The data were presented at the 2016...

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...

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