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Amazon (AMZN) announced two new devices joining its Prime Exclusive Phones. Alcatel is bringing its first device to the program — the Alcatel A30 for $59.99 for Prime members, $40 off the full retail price. Motorola's recently announced Moto G5 Plus will be offered starting at $184.99 for Prime members,...

Genentech, a member of the Roche Group (RHHBY.PK), announced Friday that the U.S. Food and Drug Administration or FDA has granted Breakthrough Therapy Designation status to Rituxan (rituximab) for pemphigus vulgaris. Pemphigus vulgaris is a rare, serious and life-threatening condition characterized...

Retailer Macy's, Inc. (M) announced Thursday that its board of directors has unanimously elected Jeff Gennette chief executive officer, effective that day. As announced earlier, Gennette succeeds Terry Lundgren, who will continue as executive chairman. It was in June last year that the department...

Emerson Electric Co. (EMR) Friday said it has opened an advanced additive manufacturing center at its Singapore campus. This is Emerson's second location to have additive manufacturing capabilities, ie., making 3D objects from a digital model. Through this center, Emerson will use additive manufacturing...

Apparel company PVH Corp. (PVH) announced late Thursday that it has entered into agreements with Hong Kong-based Li & Fung Limited for a new supply chain relationship. The transaction is expected to close on July 1, 2017. The agreements transform the current non-exclusive buying agency agreement...

Walt Disney Co. (DIS) said Thursday that its board has extended Robert Iger's contract as Chairman and Chief Executive Officer to July 2, 2019. "Given Bob Iger's outstanding leadership, his record of success in a changing media landscape, and his clear strategic vision for Disney's future, it is obvious...

Intel Corp. (INTC) announced that Omar Ishrak and Greg Smith have been elected to the company's board. Smith is the chief financial officer and executive vice president of corporate development and strategy at Boeing. Ishrak is the chairman and chief executive officer of Medtronic. Prior to joining...

Penn National Gaming Inc. (PENN) said that it has raised its financial guidance for the 2017 first quarter ending March 31, 2017. Reflecting strong broad-based property performance to date, the Company now expects to report 2017 first quarter net revenue of between $770 million and $771 million and Adjusted...

National Instruments (NATI) announced Karen Rapp is joining the company as its new chief financial officer commencing on May 9. Rapp will oversee NI's global Finance and IT organizations and report to Alex Davern, NI CEO. Rapp has over 25 years of experience in the technology industry. Most recently...

Accenture (ACN) announced, in May 2017, the company expects to record a principally non-cash settlement charge of approximately $425 million, pre-tax, in connection with the termination of its U.S. pension plan. This settlement charge will reduce the company's fiscal 2017 GAAP EPS by approximately $0.39....

German defense contractor Rheinmetall AG (RNMBF.PK) on Thursday said it again expects fiscal 2017 sales to continue growing organically and operating earnings to increase further in both of its corporate sectors, Automotive and Defence. Annual Group sales are expected to grow organically by 4% to...

Vedanta Resources plc (VED.L) Thursday said that the merger with its subsidiary Vedanta Ltd. with Cairn India Ltd. was approved by the National Company Law Tribunal. The Mumbai bench of the tribunal approved the scheme of arrangement between Vedanta Limited and Cairn India Limited, and their respective...

Leoni (LEOGN), the leading European provider of cables and cable systems to the automotive sector and other industries, announced, for the current year, the company projects sales of about 4.6 billion euros, equating to growth of approx. 5 percent, as well as significantly improved consolidated EBIT...

Superior Industries International, Inc. (SUP) announced it will commence a tender offer for 100% of the outstanding shares of UNIWHEELS AG on March 23, 2017. The owner of 61% of UNIWHEELS' outstanding shares, UNIWHEELS Malta, has irrevocably agreed to tender its shares. UNIWHEELS Malta will receive cash...

Freenet AG (FRAGF.PK) announced the company's Executive Board has confirmed the preliminary figures announced on 02 March 2017 in full. According to this, the company said it has reached respectively exceeded all targets communicated for financial year 2016. Fiscal 2016 Group EBITDA increased significantly,...

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