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METRO AG reported profit from continued operations of 458 million euros in financial year 2017/18, amounting to 79 million euros more than the profit for the previous year's period. Reported EPS from continued operations was 1.25 euros compared to 0.99 euros. METRO AG increased like-for-like sales...

G4S (GFSZY.PK, GFS.L) announced that it is reviewing options for the separation of the Group's Cash Solutions businesses, following the establishment of the Global Cash Solutions division on 1 January 2018. The Group said the review of separation options has commenced and is expected to be completed...

Apple Inc. (AAPL) said early Thursday it is investing $1 billion to build a new campus in North Austin, as a part of its plans to expand its operations in Austin. Apple also said its new, 133-acre campus will initially accommodate 5,000 additional employees, with the capacity to grow to 15,000. Jobs...

Amazon.com, Inc. (AMZN) announced all its customers in the U.S. can enjoy free shipping through December 18 with no minimum purchase. A majority of Prime members in the U.S. have access to free one-day shipping or faster. Also, the company announced that Prime FREE Same-Day Delivery and Prime FREE...

Samsung Electronics (SMSN.L, SSNNF.OB, SSNLF.OB) will shut down smartphone production in the Chinese city of Tianjin as a plunge in sales keeps much of the factory's capacity idle, according to the reports. Handset production will end December 31 at the plant, which also makes other electronic devices...

TUI AG (TUIFF.PK) reported earnings before tax of 972 million euros for the year ended 30 September 2018 compared to 1.08 billion euros, prior year. Underlying EBITA declined 4.1% to 1.15 billion euros. Underlying earnings per share was 1.17 euros compared to 1.14 euros. Fiscal year turnover improved...

Distribution and outsourcing Group Bunzl plc (BZLFY.PK, BNZL.L) reported Thursday that its overall performance is consistent with expectations at the time of the third quarter trading statement in October. In its trading update, the company said it expects Group revenue for the year ending December...

Novartis announced the European Commission has approved Xolair (omalizumab) prefilled syringe for self-administration, allowing patients with severe allergic asthma and chronic spontaneous urticaria to administer their own treatment. The company noted that Xolair, which targets immunoglobulin E,...

Mondelez International Inc. (MDLZ) said that it has reached an agreement to sell its Kraft-branded Cheese Business in Middle East and Africa to Arla Foods of Denmark. Financial details of the transaction will not be disclosed. All Kraft-branded Cheese products in the MEA markets, as well as the cheese...

Fraport AG (FRA.DE, 0O1R.L, FPRUF.PK) reported that Frankfurt Airport welcomed around 5.24 million passengers in November 2018, a growth of 4.7 percent year-on-year. The Group said this development was driven by European traffic (up 6.1 percent) as well as intercontinental traffic (up 4.3 percent). Aircraft...

VEON Ltd. (VEON), a provider of connectivity and internet services headquartered in Amsterdam, said that it appointed Ursula Burns as Chairman and chief executive officer, effective immediately. Burns has served as Chairman of the VEON Board of Directors since July 2017 and as Executive Chairman since...

Qualcomm Inc. (QCOM) persuaded a U.S. trade agency to consider banning imports of Apple Inc. iPhones that use Intel Corp. chips, according to the reports. The U.S. International Trade Commission said Wednesday it would take a closer look at a recommendation by a judge in September that an import ban...

Johnson & Johnson (JNJ) is willing to pay more than $400 million to settle some of the thousands of consumers' allegations that the company sold defective artificial hips and hid the health risks of the devices, Bloomberg reported citing people familiar with the matter. The company has settled, or...

Merck (MRK) and Instituto Butantan, Sao Paulo, Brazil, a non-profit producer of immunobiologic products for Brazil announced a collaboration agreement to develop vaccines to protect against dengue virus disease, the mosquito-borne infection. Instituto Butantan and Merck have licensed certain rights...

Sparton Corp. (SPA) said that it agreed to be acquired by an affiliate of Cerberus Capital Management L.P. for $18.50 per share in cash. The $18.50 per share consideration represents a premium of about 41% over Sparton's closing share price on December 11, 2018. The Sparton Board of Directors has...

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