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Pfizer Inc. (PFE) announced that the United States Food and Drug Administration has approved XELJANZ 5 mg twice daily or BID and XELJANZ XR or tofacitinib extended release 11 mg once daily or QD for the treatment of adult patients with active psoriatic arthritis or PsA who have had an inadequate response...

Delta Air Lines (DAL) announced the company and Airbus have agreed to terms for a 100 firm and 100 option order for Airbus 321neo (new engine option) aircraft. Delta expects to take delivery of its first A321neo in the first quarter of 2020 with new aircraft arriving through 2023. The new jets will be...

Sanderson Farms Inc. (SAFM) Thursday reported a decline in fourth quarter net income to $72.87 million from $75.96 million in the prior year. On a per share basis, earnings decreased to $3.20 from $3.36 a year ago. On average, 11 analysts polled by Thomson Reuters expected the company to earn $3.5...

LINN Energy, Inc. (LNGG.PK) announced its intention to separate LINN into three standalone companies by mid-year 2018. LINN Energy Inc., which currently trades on the OTCQB market under the ticker LNGG, will serve as a holding company solely for the existing 50 percent equity interest of Roan and would...

Pfizer Inc. (PFE) announced the initiation of a Phase 3 program for its once-daily Janus kinase 1 inhibitor PF-04965842, to evaluate the efficacy and safety in the treatment of moderate-to-severe atopic dermatitis. The Phase 3 trial is a randomized, double-blind, placebo-controlled, parallel-group study...

The Walt Disney Company (DIS) and Twenty-First Century Fox, Inc. (FOXA, FOX) announced a definitive agreement for Disney to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for approximately $52.4 billion in stock....

Health insurer Humana Inc. (HUM) said its board of directors has approved a $3 billion share repurchase authorization with an expiration date of December 31, 2020. This will replace the company's previous $2.25 billion share repurchase authorization, which has no further capacity. Humana said it...

Horizon Global Corp. (HZN) announced a definitive agreement to acquire the Brink Group, a manufacturer of towbars, wiring kits and towing accessories, from H2 Equity Partners. Horizon Global said the purchase price of 169 million euros will be financed through new long-term debt and cash on hand. The...

Cognizant Technology Solutions Corp. (CTSH) announced it has entered into an accelerated share repurchase agreement with Barclays Bank plc to repurchase an aggregate of $300 million of Cognizant's Class A common stock. Approximately 3.58 million of the shares to be repurchased will be received by Cognizant...

Danaher Corp. (DHR), a manufacturer of professional, medical, industrial and commercial products, on Thursday said it recorded double-digit earnings growth in fiscal 2017, and initiated its 2018 outlook. The Company anticipates that 2018 net earnings per share will be in the range of $3.50 to $3.60. Adjusted...

Cenovus Energy Inc. (CVE.TO, CVE) announced the company plans to invest between $1.5 billion and $1.7 billion in 2018, with the majority of the budget allocated to sustain base production at the company's oil sands operations. Cenovus is planning additional workforce reductions of approximately 15% and...

Cobalt International Energy, Inc. (CIE) announced the company and certain of its U.S. affiliates filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code. The Chapter 11 Cases are expected to facilitate the restructuring process and the proposed sale of Cobalt's assets. Cobalt...

German engineering specialist Bertrandt Group (BDTG.DE) reported Thursday that its fiscal 2017 post-tax earnings declined to 43.87 million euros from last year's 63.61 million euros. Earnings per share declined to 4.35 euros from 6.30 euros last year. Operating profit dropped to 62.87 million euros...

Instrumentation and controls company, Spectris plc (SEPJF.PK, SXS.L) announced Thursday its deal to establish joint venture with Macquarie Capital for environmental monitoring business. The company has signed an agreement with Macquarie Capital, the corporate advisory and principal investment arm...

Distribution and outsourcing Group Bunzl plc (BZLFY.PK, BNZL.L) Thursday said its overall trading is consistent with expectations at the time of the third quarter trading statement in October. Group revenue for the year is expected to have increased by approximately 15% at actual exchange rates. In...

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