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U.S. President Donald Trump has said that Amazon's decision to drop plans to build it's HQ2 plans in Queens "a big loss for New York City." Trump made statement about Amazon during a press conference in the Oval Office on Friday. Trump had previous been in feud with Amazon and its founder and CEO...

Apple Inc. (AAPL) is making efforts to make it's iPhones more affordable to consumers in China. According to Apple's China website, Apple is offering up to two years interest-free financing packages for iPhones in partnership with several Chinese banks and Huabei, a consumer credit company operated...

Diplomat Pharmacy Inc. (DPLO) said that it has postponed the release of its fourth-quarter and full-year 2018 financial results and the related conference call and webcast to March 15, 2019, after determining it will need to book an impairment charge related to its pharmacy benefit management or PBM...

AbbVie (ABBV) and Voyager Therapeutics Inc. (VYGR) announced collaboration and option agreement to develop and commercialize vectorized antibodies directed at pathological species of alpha-synuclein for the potential treatment of Parkinson's disease and other diseases (synucleinopathies) characterized...

While reporting its financial results for the fourth quarter on Friday, Telephone and Data Systems, Inc. (TDS) said its board of directors has declared a first quarter 2019 dividend of $0.165 per common share and Series A common share. This represents a 3 percent increase in the dividend and also...

While reporting financial results for the fourth quarter and full-year 2018, SNC-Lavalin Group Inc. (SNC.TO) initiated earnings guidance for the full-year 2019. For fiscal 2019, the company now projects adjusted consolidated earnings in a range of C$3.00 to C$3.20 per share, with adjusted earnings...

Societe Generale SA (SCGLF.PK, SCGLY.PK) is considering to cut jobs at its investment bank and find a partner for its cash-equity business in a bid to offset increasing cost pressure from regulation, Bloomberg reported citing people familiar with the matter. The bank could cut hundreds or even thousands...

Paladin Labs Inc. and Endo Ventures Limited, subsidiaries of Endo International plc (ENDP), announced Health Canada's approval of Envarsus PA (tacrolimus prolonged-release tablets) for the prophylaxis of organ rejection in kidney or liver transplant adult patients (in combination with other immunosuppressants)....

AutoNation Inc. (AN) said that its board unanimously voted to appoint Carl Liebert as new Chief Executive Officer and President, effective March 11, 2019. Cascade Investment and ESL Investments, long-term investors and the two largest AutoNation shareholders, fully support the Board's decision. Liebert...

ITT Inc. announced that it has signed an agreement to acquire Rheinhütte Pumpen Group, a designer and manufacturer of centrifugal and axial flow pumps, from Aliaxis Group S.A. The cash consideration was approximately $91.5 million. ITT Inc. expects the proposed transaction to be accretive to its earnings...

The Director of the Serious Fraud Office or SFO, a non-ministerial government department of the government of the UK that investigates fraud, said Friday that it has closed the Rolls-Royce and GlaxoSmithKline cases. The SFO's investigation into Rolls-Royce PLC (RYCEF.PK, RR.L, RYCEY.PK) resulted in...

Barnes Group Inc. (B), a global provider of highly engineered products, differentiated industrial technologies, and solutions, reported that its net income for the fourth quarter was $38.8 million or $0.75 per share, compared to net loss of $59.2 million, or $1.10 per share, a year ago. On an adjusted...

German auto giants BMW Group (BMW.L) and Daimler AG (DDAIF.PK) are equally investing more than 1 billion euros in total to develop and more closely intermesh their offerings for car-sharing, ride-hailing, parking, charging and multimodal transport. The two companies are pooling their mobility services...

While reporting financial results for the fourth quarter and fiscal 2018, automotive supplier Magna International Inc. (MG.TO, MGA) on Friday affirmed its net income and sales outlook for the full-year 2019. For fiscal 2019, the company continues to expect net income attributable to company in a range...

Merlin Entertainments Plc (MERL.L), a location based entertainment company, announced Friday the sale of its Australian ski resorts, Hotham and Falls Creek, to Vail Resorts, Inc. (MTN). The purchase price is A$174 million or 95 million pounds, subject to certain adjustments related to the timing of...

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