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HELLA (HLKHF) reported a first quarter EBIT of minus 115 million euros due to provisions for restructuring measures in Germany. Adjusted EBIT declined to 56 million euros from 111 million euros, last year. Adjusted EBIT margin was 4.2 percent compared to 7.3 percent. First quarter sales declined...

Australian airline Qantas Airways Ltd. (QAN.AX, QUBSF.PK) announced its plan to sell fully stocked bar carts from recently retired 747 aircraft to the Australian public. The bar carts were removed from the airline's 747 aircraft before they were flown to the Californian desert. The company retired...

The Justice Department announced that Gilead Sciences, Inc. (GILD) has agreed to pay $97 million to resolve claims that it violated the False Claims Act by illegally using a foundation as a conduit to pay the copays of thousands of Medicare patients taking the company's pulmonary arterial hypertension...

Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) announced that its unit Traton SE has entered into a global partnership with TuSimple, a San Diego based self-driving technology company focused on heavy-duty trucks, to develop self-driving trucks. As part of the partnership, TRATON has also taken a minority...

Ethos Cannabis, a Pennsylvania-based multi-state cannabis operator, has announced its entry into the Maryland market. The company said it has officially acquired the right to manage and ultimately purchase Maryland medical cannabis dispensaries of 4Front Ventures Corp., which are currently operated...

SPI Energy Co. (SPI) - Shares of the company gained 40% in extended trading session on Wednesday on top of its 1,259% surge in regular trading. The company, which was trading at $1 on Tuesday, has rose to $14 per share, after announcing that it has launched a new electric vehicle subsidiary, EdisonFuture....

Jefferies Financial Group Inc. (JEF) Wednesday reported third-quarter net income of $304.4 million or $1.07 per share, up from $48.4 million or $0.15 per share last year. Revenues for the quarter rose to $1.62 billion from $856.8 million last year. In addition, the Jefferies Board of Directors...

H.B. Fuller Company (FUL) Wednesday reported third-quarter results that trumped Wall Street estimates. Net income for the third quarter dropped to $41.6 million or $0.79 per share from $49.7 million or $0.97 per share last year. Adjusted earnings for the quarter dropped to $0.76 per share from...

British drug giant AstraZeneca's (AZN.L, AZN) late-stage coronavirus vaccine trial in the U.S. remains on hold as regulators need further data over its safety, Health and Human Services Secretary Alex Azar told CNBC on Wednesday. On September 6, the company voluntarily paused all global trials following...

JPMorgan Chase & Co (JPM) could reportedly pay $1 billion in penalty to settle government investigations into the alleged manipulation of metal and treasuries markets. According to Bloomberg, a settlement between JPMorgan and several U.S. agencies could reach as soon as this week. The deal will resolve...

Wells Fargo (WFC) CEO Charlie Scharf has issued an apology after he blamed the lack of diversity at the bank on "a very limited pool of Black talent to recruit from." In a statement released, Scharf apologized for making the "insensitive comment reflecting my own unconscious bias." "There are many...

Shares of Diodes Inc. (DIOD) are currently gaining nearly 5% after the company said it received approval from China's antitrust authority for acquisition of Lite-On Semiconductor. DIOD is currently trading at $50.39, up $2.19 or 4.54%, on the Nasdaq. Diodes said it received approval from the China's...

Shares of ZoomInfo Technologies Inc. (ZI) are rising almost 6 percent or $2.01 in Wednesday's morning trade at $36.43. According to reports, Wells Fargo upgraded ZoomInfo to 'Overweight' from 'Equal Weight', citing the company's growth prospects. Vancouver, Washington-based ZoomInfo Technologies...

Shares of AC Immune SA (ACIU) are losing over 40% on Wednesday morning after its mid-stage study evaluating Semorinemab in early alzheimer's disease failed to meet primary goals. ACIU is currently trading at $4.96, down $3.76 or 43.12%, on the Nasdaq. AC Immune said its partner Genentech, a member...

Shares of clinical stage genetic medicine company, Wave Life Sciences Ltd. (WVE) are falling more than 32% Wednesday morning at $10.70. The stock has been trading in the range of $6.61- $39.98 in the past one year.

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