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Klöckner & Co. (KCO) announced the company is currently expecting to achieve an operating income (EBITDA) of between 20 million euros and 30 million euros for the first quarter which would be significantly below the prior year figure. The company said, given the early point of time in the current fiscal...

GEA Group AG (GEAGF.PK, GEAGY.PK) announced that Stefan Klebert became chairman of the Executive Board of the GEA Group. His appointment to the Executive Board runs through December 31, 2021. His predecessor, Jürg Oleas, has left the company, as planned, GEA stated. Before joining GEA, Stefan Klebert...

MediaTek Inc. announced that in its collaboration with Google, the Helio P90 will support Google's ML Kit, bringing machine learning techniques to mobile developers of all levels of expertise. MediaTek will support Google's ML Kit on Helio P90 beginning first quarter, 2019. Google's ML Kit is a mobile...

TAL Education Group (TAL) announced that a long-term equity investment firm has agreed to purchase a total of approximately $500 million of newly issued class A common shares of the company. Following the transaction, the investor will hold, taking into account its existing holding, approximately 7%...

JD Sports Fashion Plc (JD.L) confirms that it has acquired 8.68 million shares or representing 8.3% of the issued share capital in Footasylum plc. JD Sports said it has acquired this stake for investment purposes. JD Sports is prepared to acquire up to an aggregate interest of 29.9% in Footasylum...

The Bertrandt Group (BDTG.DE) reported that its first-quarter post-tax earnings increased to 11.93 million euros from 11.76 million euros, previous year. Earnings per share was 1.18 euros compared to 1.17 euros. EBIT slightly increased to 18.33 million euros from 17.77 million euros. For the first-quarter,...

Pearson plc (PSO, PSON.L) announced the sale of its US K12 courseware business to Nexus Capital Management LP for headline consideration of $250 million. Total proceeds comprise an initial cash payment of $25 million and an unconditional vendor note for $225 million expected to be repaid in three to...

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...

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