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Apollo Global Management affiliates have agreed to buy a majority stake in Cox Media Group's broadcast TV stations. Financial details of the deal were not disclosed. Cox Enterprises will still maintain a minority stake. Apollo and Cox will form a new company headquartered in Atlanta to operate the...

Healthcare tech company Epic Systems' CEO Judy Faulkner says that the company will never consider any buyout offer from tech giant Apple Inc. (AAPL) "We're not going to do that," Judy Faulkner told Healthcare IT News at a conference earlier this week. "It was just very gratifying that not a single...

Electric truck start-up Rivian announced has raised $700 million in investment round led by Amazon. "This investment is an important milestone for Rivian and the shift to sustainable mobility," said R.J. Scaringe, founder and CEO of Rivian. "Beyond simply eliminating compromises that exist around...

mcdonalds-shamrockshake-021519.jpg McDonald's Corp. has announced the return of its popular Shamrock Shake milkshake for a limited time at participating U.S. restaurants nationwide. The minty green milkshake is made with McDonald's vanilla soft serve blended with Shamrock Shake syrup and topped with whipped topping. It first debuted on the McDonald's menu in 1970 and has been a seasonal tradition for nearly 50 years.

American Axle & Manufacturing Holdings, Inc. (AXL) on Friday reported a net loss for the fourth quarter, reflecting lower sales and a goodwill impairment. However, adjusted earnings per share for the quarter beat analysts' expectations. In addition, the company affirmed its financial outlook for fiscal...

The Toro Company (TTC) announced that it has entered into a definitive agreement to acquire privately-held The Charles Machine Works, Inc., an Oklahoma corporation and the parent company of Ditch Witch and several other leading brands in the underground construction market, for $700 million in cash....

While reporting its fourth-quarter financial results on Friday, Enbridge Inc. (ENB, ENB.TO) said its board of directors has appointed Teresa Madden and Susan Cunningham as Directors of Enbridge. Madden has more than 30 years of power and utility industry experience, most recently as the former Executive...

StoneMor Partners L.P. (STON) reported that its third quarter net loss widened to $17.2 million from last year's $9.6 million hurt largely by the unfavorable comparisons and lower overall sales resulting from the impact of cost cutting and implementation of the general manager operating model. Overall...

While reporting its fourth-quarter financial results on Friday, Moody's Corp. (MCO) forecast fiscal 2019 revenue growth in the mid-single-digit percent range, reported earnings in a range of $7.30 to $7.55 per share, and adjusted earnings in a range of $7.85 to $8.10 per share. The company projects...

Sensient Technologies Corp. (SXT) announced, for 2019, the company expects local currency earnings per share to be down 8% to 11% in comparison to 2018 reported earnings per share of $3.70 and down 4% to 7% in comparison to 2018 adjusted EPS of $3.55. In addition, the company expects earnings per share...

While reporting its first quarter financial results on Friday, Deere & Co. (DE) affirmed its forecast for fiscal 2019 net sales and revenues to increase by about 7 percent, and full-year net income attributable to the company to be about $3.6 billion. Deere projects company equipment sales to increase...

Deutsche Bank AG's (DB) external monitor, appointed by the German financial watchdog BaFin last year to ensure the bank is improving money laundering and terrorism financing controls, has received an expanded mandate that now includes the lender's role in the money-laundering scandal around Danske Bank...

WABCO Holdings Inc. (WBC), a global supplier of braking control systems and other technologies, reported a decline in profit for the fourth quarter from last year on lower sales. However, performance earnings per share beat analysts' expectations, while revenues missed their estimates. The company also...

Lloyds Banking Group (LLOY.L) announced it has named William Chalmers as Executive Director and Chief Financial Officer. The company previously announced the decision of George Culmer to retire from the Group in Q3 2019. It is envisaged that Chalmers will join the Group in June 2019, allowing for...

Shares of Scout24 AG were gaining around 12 percent in German trading after the operator of digital marketplaces specialising in real estate and automotive sectors announced its agreement to be acquired by Hellman & Friedman LLC and Blackstone Group L.P. (BX). The voluntary public takeover offer implies...

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