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Elliott Advisors (UK) Limited on Thursday said that it has written to the Management Board of German energy generation and energy trading company Uniper SE, a subsidiary of E.ON SE (EONGY.PK), to formally request the convocation of an Extraordinary General Meeting. The purpose of the EGM is to instruct...

UBS AG (UBS) announced it made significant progress in 2018 toward meeting its ambitious targets in sustainable investing, philanthropy, and business sustainability, while further reducing its environmental footprint. In 2018, UBS's core sustainable investment assets, involving ESG integration as well...

High-precision metrology and healthcare products manufacturer Renishaw Plc (RSW.L) Thursday said it now expects fiscal 2019 statutory profit before tax to be in the range of 123 million pounds to 141 million pounds and adjusted profit before tax to be in the range of 117 million pounds to 135 million...

Beverage filling and packaging company Krones AG (KRNTY.PK, KRNNF.PK) on Thursday said it continues to expect fiscal 2019 revenue to grow by 3% and the EBT margin to increase to approximately 6%. Krones said its sales price increases on all bottling and packaging equipment and for process technology...

Elior Group (ELROF.PK) announced it has recently entered into exclusive discussions with PAI Partners concerning a potential sale of its concession catering activities, which are grouped within its Areas subsidiary. The Group noted that, at the current stage, any indication as to the result of these...

TLG Immobilien AG, a German commercial real estate company, on Thursday reported that its fiscal 2018 funds from operations or FFO increased 30.5% to 134.0 million euros from last year's 102.7 million euros. FFO per share was 1.30 euros, up from 1.29 euros a year ago. Rental income increased 33%...

HeidelbergCement (HDELY.PK) reported that its fiscal 2018 Group share of profit rose to 1.14 billion euros from 918 million euros, prior year. Earnings per share improved by 25% to 5.76 euros. Result from current operations declined 9%, or 4% like-for-like, to 1.98 billion euros. Fiscal 2018 revenue...

Drugstore chain CVS Health Corp. (CVS) has started selling cannabidiol or CBD products in eight states in the U.S., according to media reports on Wednesday. The products reportedly being sold by the company include topicals such as CBD sprays, roll-ons, creams, lotions and salves. The products are...

Levi Strauss & Co. (LEVI) has priced its initial public offering at $17 per share on Wednesday afternoon, above its expected range, raising over $600 million in proceeds. The iconic denim jeans company had earlier said it expected to price its shares between $14.00 and $16.00 per share raising as...

Perrigo Company plc (PRGO) Wednesday said it has appointed Ray Silcock as Executive Vice President and Chief Financial Officer, effective March 25, 2019. Ray will lead the global finance, tax, internal audit, investor relations, corporate communications, business development and treasury functions....

Williams-Sonoma Inc. (WSM) Wednesday said its fourth quarter profit rose from a year ago, driven largely by more-than-expected revenue growth. Fourth-quarter profit rose to $155.3 million or $1.93 per share from $95.8 million or $1.13 per share last year. On an adjusted basis, earnings for the...

Herman Miller Inc. (MLHR) Wednesday said its third-quarter profit rose from last year driven largely by 7% growth in revenues. The company detailed a strong outlook for the fourth quarter. Shares of the company gained 5% in extended trading session. Herman Miller's third-quarter profit rose to $39.2...

Shares of Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) are losing more than 10 percent in Wednesday's trading after a San Francisco federal jury found that exposure to the company's Roundup weedkiller caused a man's cancer. Bayer took control of Roundup following its $63 billion acquisition of Monsanto last...

eu-fines-google-032019.jpg The European Union on Wednesday ordered Alphabet Inc.'s Google to pay an antitrust fine of 1.49 billion euros for abusing its dominant position in the online search advertising intermediation market by preventing competition. This is the third antitrust fine by the EU against Google and it represents 1.29 percent of the tech giant's turnover in 2018.

Amazon.com Inc. (AMZN) on Wednesday announced the introduction of all-new Kindle with a built-in adjustable front light for under $120. The company noted that a user can adjust the display brightness to read comfortably in even more places - whether indoors at night or outside in the sun. The all-new...

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