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PayPal Holdings, Inc. (PYPL) said Thursday it has completed its acquisition of iZettle, a small business commerce platform in Europe and Latin America, for about $2.2 billion. This transaction builds on PayPal's set of products and services for small businesses and is intended to help accelerate...

Pfizer Inc. (PFE) announced that its 20-Valent Pneumococcal Conjugate Vaccine candidate, PF-06482077, received Breakthrough Therapy designation from the US FDA for the prevention of invasive disease and pneumonia caused by Streptococcus pneumoniae serotypes in the vaccine in adults aged 18 years and...

Under Armour Inc. (UA, UAA) announced an update to its 2018 restructuring plan based on an organizational and process redesign intended to optimize the company's strategic growth initiatives and overall business performance. Previously, the company expected to incur total estimated pre-tax restructuring...

Mylan N.V. (MYL) and Fujifilm Kyowa Kirin Biologics Co., Ltd. announced the European Commission has granted marketing authorization for Hulio, a biosimilar to AbbVie's Humira (adalimumab), for all indications. The authorization follows the adoption of a positive opinion by the CHMP. Mylan plans to...

Vonage Holdings Corp. (VG) on Thursday agreed to acquire privately-held NewVoiceMedia for an equity price of $350 million paid in cash. NewVoiceMedia is an industry-leading pure-play, cloud Contact Center-as-a-Service (CCaaS) provider. The acquisition combines Vonage's robust UCaaS and CPaaS solutions...

Darden Restaurants, Inc., (DRI) announced, for fiscal 2019, the company now expects net earnings per share from continuing operations in a range of $5.52 - $5.65, up from prior guidance range of $5.40 - $5.56. Same-restaurant sales growth are now projected to be in a range of 2.0% to 2.5%, revised from...

Irish low-cost airline Ryanair (RYA.L, RYAAY) announced Thursday that its shareholders approved all resolutions by large majorities during its 2018 AGM. As previously disclosed, Charlie McCreevy and Declan McKeon chose not to seek re-election at the AGM. Chairman David Bonderman welcomed both Emer...

Magna International Inc. (MGA) announced its Powertrain unit has signed an agreement to sell its global Fluid Pressure & Controls business to Hanon Systems, a South Korea-based global supplier of thermal and energy management systems. The sale price is approximately $1.23 billion, before the assumption...

Barnes Group Inc. (B), a provider of highly engineered products and differentiated industrial technologies, announced Thursday that it has entered into a definitive agreement to acquire Gimatic S.r.l., an Italian privately held supplier of mission-critical solutions for industrial automation and robotic...

Swiss nutrition, health and wellness giant Nestle SA (NSRGY, NSTR.L) announced Thursday that the Board has decided to explore strategic options for Nestlé Skin Health. This review is expected to be completed by mid-2019. The Board has concluded that the future growth opportunities of Nestlé Skin Health...

Inmarsat (ISAT.L) announced that the Group and Panasonic Avionics Corp. have agreed a strategic collaboration, for an initial ten-year period, that enables them to combine their services to offer broadband in-flight connectivity in the commercial aviation industry worldwide. Inmarsat will become Panasonic's...

Saga Plc (SAGA.L), a UK-based specialist in products and services for life after 50, Thursday announced the appointment of James Quin as Group Chief Financial Officer and Executive Director with effect from January 1, 2019. Quin joins Saga from Zurich Insurance Group, where his most recent role has...

British American Tobacco plc (BATS.L, BTI) Thursday that its Chief Executive Officer Nicandro Durante has informed the Board of his intention to retire on April 1, 2019. He has taken the decision after nearly 37 years with the company, and eight years as CEO. The Board has been considering successors...

Glencore plc (GLCNF.PK, GLNCY.PK, GLEN.L) announced Thursday that it has successfully placed a tap issue of non-dilutive zero coupon cash settled guaranteed convertible bonds due March 27, 2025 with a nominal amount of $125 million. The New Bonds are to be issued on the same terms as the $500 million...

IntelGenx Corp. (IGX.V, IGXT.OB), an oral drug delivery company, announced Thursday that it has executed a non-binding letter of intent or LOI with Tilray, Inc. (TLRY), a cannabis research, cultivation, production and distribution company, to enter into a world-wide agreement to produce cannabis-infused...

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