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Shares of Berry Global Group, Inc. (BERY) may be picking up steam, after reporting a strong fourth quarter. The Plastics maker reported a 47% rise in net sales to $3.02 billion, while adjusted earnings per share rose to 90 cent, easily topping the 74 cents modeled by analysts. Free cash flow rose 26%...

ARYZTA AG (ARZTY.PK, ARZTF.PK) reported that its first-quarter Group organic revenue declined by 2.5 percent. ARYZTA Europe organic revenue declined by 0.9 percent, while ARYZTA North America organic revenue declined by 6.1 percent. ARYZTA Rest of World recorded an organic revenue growth of 7.5 percent....

Xerox Holdings Corp. (XRX), which has offered to acquire PC and printer maker HP Inc. (HPQ) in $33.5 billion deal, on Thursday said its Board is determined to expeditiously pursue its proposed acquisition to completion after HP rejected the offer. The company also strongly encouraged HP's Board of Directors...

Bumble Bee Foods said affiliates of FCF Co. has agreed to acquire the company's assets for approximately $925 million. To facilitate the sale, the company has initiated proceedings under chapter 11 of the U.S. Bankruptcy Code. Bumble Bee said it has received new financing commitments from existing...

California cannabis regulators have revoked the state commercial cannabis licenses of cannabis edible brand and vape maker Vertical Bliss Inc., also known as Kushy Punch. The Bureau of Cannabis Control and the California Department of Public Health said that Kushy Punch's cannabis manufacturing and...

WeWork said that it will lay off about 2,400 employees globally or about 20% of its workforce as part of a broader effort to cut costs. "As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more...

Atlas Air Worldwide Holdings, Inc. (AAWW) said that its subsidiaries Atlas Air, Inc. and Southern Air Inc. have prevailed in another legal dispute with the union that represents its pilots in ongoing negotiations, the International Brotherhood of Teamsters. The decision by the U.S. Court of Appeals...

Mortgage rates, or interest rates on home loans, drop for the first time in three weeks, according to mortgage provider Freddie Mac (FMCC.OB). Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 3.66 percent for the week...

ethicon-112119.jpg Australia's Federal Court has ruled in favor of more than 1,000 women in a landmark class-action lawsuit against Johnson & Johnson after they suffered severe pain and complications from the healthcare giant's pelvic mesh implants. Johnson & Johnson and its subsidiary Ethicon were accused of hiding the risks of its pelvic mesh products.

Sanofi (SNYNF, SNY) said that Sutimlimab, an investigational targeted C1s inhibitor, met its primary efficacy endpoint in Phase 3 trial for patients with cold agglutinin disease or CAD. CAD is a severe and chronic rare blood disorder in which the immune system mistakenly attacks a person's own healthy...

AeroVironment Inc. (AVAV) said that it has reached a settlement with the United States Department of State for alleged export violations the company reported voluntarily for the period June 5, 2014 to December 22, 2016. The company has agreed to pay $1 million over a two-year period, $500,000 of...

spacex-nov21.jpg SpaceX's Starship rocket prototype was damaged while undergoing pressurization testing on Wednesday evening. Video from the vicinity of SpaceX's Boca Chica test facility in Texas showed white plumes erupt from the top part of the Starship Mark 1 vehicle while it was undergoing a pressurization test. The eruption blew off the upper bulkhead high into the air.

davidsolomon-nov21.jpg Goldman Sachs Inc. Chief Executive David Solomon on Thursday denied allegations of gender discrimination in setting credit limits for the Apple Card, which is administered by the financial services giant. The CEO promised to deliver more transparency to the investment bank's clients when taking decisions. The Apple Card, Apple's first credit card, was introduced by the tech giant in March.

Charles Schwab Corp. (SCHW) is in talks to buy TD Ameritrade (AMTD) and a deal could be announced as early as Thursday, according to reports citing people familiar with the matter. Meanwhile, Fox Business reported the deal values at $26 billion. The deal — if reaches— would come one month after...

Canadian weed company Canopy Growth Corp. (CGC) may build some upward momentum, riding a bill that would legalize marijuana and remove it from the list of federally controlled substances. The Marijuana Opportunity Reinvestment and Expungement Act of 2019, or MORE Act passed by the House Judiciary Committee on Wednesday now moves for a vote in the full House.

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