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Glencore plc (GLCNF.PK, GLNCY.PK, GLEN.L) reported that its loss before income taxes for the first-half of 2016 widened to $698 million from $683 million in the prior year period. Net income attributable to equity holders of the parent pre-significant items for the period dropped to $300 million from...

Hikma Pharmaceuticals PLC (HIK.L, HKMPY) reported Wednesday that its first-half profit before tax was $83 million, down from $170 million last year. Profit attributable to shareholders decreased 57% to $58 million and basic earnings per share decreased 62% to 25.7 cents. Core profit before tax was...

Advertising giant WPP Group Plc. (WPP.L, WPPGY) reported Wednesday that its first-half profit before tax fell 40.1 percent to 425 million pounds from last year's 710 million pounds. Profit after tax of 282 million pounds was down 53.1 percent and earnings per share of 18.9 pence was down 56 percent. The...

Pfizer Inc. (PFE) announced an agreement with AstraZeneca to acquire the development and commercialization rights to its late-stage small molecule anti-infectives business, primarily outside the U.S. The agreement includes the commercialization and development rights to the newly approved EU drug Zavicefta,...

Svenska Cellulosa Aktiebolaget SCA (SCA), a hygiene and forest products company, Wednesday said its Board of Directors plans to initiate work in order to propose to the Annual General Meeting 2017 to decide on a split of the company into two listed companies. This is planned to be completed through...

Australian professional services company WorleyParsons Ltd. (WYGPF.PK, WYGPY.PK, WOR.AX) reported Wednesday that its fiscal 2016 net profit after tax was $23.5 million, compared to a $54.9 million loss last year. Underlying net profit was down 37% to $153.1 million from $243.1 million a year ago....

Australian retailer Wesfarmers Ltd. (WES.AX, WFAFF.PK) reported Wednesday that its fiscal 2016 net profit attributable to members plunged 83.3 percent to A$407 million from last year's A$2.44 billion. Earnings per share were 36.2 cents, down from 215.7 cents a year ago. The latest results included...

Australian airline Qantas Airways Ltd. (QAN.AX, QUBSF.PK) reported Wednesday that its fiscal 2016 statutory profit before tax climbed 80 percent from last year to A$1.42 billion. Earnings per share were 49 cents, up 24 cents from last year. Underlying profit before tax grew 57 percent to A$1.53 billion,...

Finnish network equipment maker Nokia Corp. (NOK) Wednesday said the company and Ooredoo Myanmar have completed the roll-out and launch of the first 4G service in Myanmar. The companies have also extended their existing managed services agreement to incorporate the 4G network, aiming to ensure seamless...

Anbang Insurance Group Co. plans an initial public offering of its life-insurance unit, according to several reports citing people familiar with the mater. The Beijing-based insurer has in recent weeks had discussions with investment banks about an IPO of Anbang Life Insurance Co. The unit could list...

Perrigo Company plc (PRGO) said that it has received tentative approval from the U.S. Food and Drug Administration for the generic version of Suprep (sodium sulfate/potassium sulfate/magnesium sulfate) oral solution. The drug is indicated for the treatment of cleansing of the colon in preparation for...

Camuto Group announced the acquisition of Sole Society. As part of Camuto Group's focus on digital innovation, the company has acquired the majority stake in Sole Society with the strategy of enhancing category offerings and continuing to build on the strong accessories platform through extensions in...

Hemispherx Biopharma, Inc. (HEB) said it has received approval of its New Drug Application or NDA from Administracion Nacional de Medicamentos, Alimentos y Tecnologia Medica or ANMAT for commercial sale of rintatolimod in the Argentine Republic for the treatment of severe myalgic encephalomyelitis/chronic...

Interleukin Genetics Inc. (ILIU.OB) announced the publication of the article "Influence of Obesity on Periodontitis Progression is Conditional on IL-1 Inflammatory Genetic Variation" in the Journal of Periodontology. The study provides further evidence that obese and over-weight patients who are IL-1...

Power producer Dominion Resources, Inc. (D) and natural gas company Questar Corp. (STR) said that the Public Service Commission of Utah has approved their merger, thereby moving the proposed combination one step closer to finalization. The approval is subject to terms and conditions of an agreed settlement...

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