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Deutsche Bank and Talanx have agreed to a long-term distribution partnership for insurance products. Talanx noted that retail clients at Deutsche Bank, Postbank and BHW Bausparkasse will be able to insure their consumer and mortgage loans exclusively with the Talanx Group, starting from 2023. A ten-year...

Salesforce.com Inc. (CRM) is in advanced talks to buy Slack Technologies Inc. (WORK), the Wall Street Journal reported citing people familiar with the matter. Slack has a market valuation of about $23 billion. The companies could announce a deal as soon as next week. A deal hasn't been finalized and...

Mitchells & Butlers Plc. (MAB.L, MLB), an operator of managed restaurants and pubs, reported Thursday that its fiscal 2020 loss before tax was 123 million pounds, compared to last year's profit of 177 million pounds. Basic loss per share was 26.2 pence, compared to profit of 33.5 pence a year ago....

Aviva plc (AV.L, AV) reported Thursday that its trading for the nine months to September 30 has been resilient with strong performances in core markets. These were partially offset by declines in manage-for-value portfolio. UK & Ireland Life new business sales were up 40 percent to 9.2 billion pounds...

French wine and spirits company Remy Cointreau (REMYF.PK) reported Thursday that its first-half net profit attributable to the Group fell 28.1 percent to 65 million euros from last year's 90.5 million euros. Earnings per share were 1.30 euros, lower than 1.82 euros last year. Adjusted net profit...

Vehicle rental company Hertz Global Holdings, Inc. (HTZGQ), which is undergoing bankruptcy, announced Thursday that it has entered into a stock and asset purchase deal to sell substantially all of its fleet management unit Donlen Corp. to Athene Holding Ltd. (ATH) for an anticipated cash payment of $825...

Shares of steel products maker ZK International Group Co., Ltd. (ZKIN) jumped over 35% on Wednesday morning after its subsidiary launched blockchain DeFi protocol. ZKIN is currently trading at $2.40, up $0.65 or 37.14%, on the Nasdaq. ZK International's wholly-owned subsidiary, xSigma Corp., is...

Shares of luxury department store chain Nordstrom, Inc. (JWN) are rising more than 13% Wednesday morning on better-than-expected third-quarter earnings.

Shares of Gap Inc, (GPS) are falling more than 17 percent or $4.66 in Wednesday's morning trade at $22.22 after the apparel retailer's third-quarter net income declined from last year. Tuesday, Gap reported third-quarter net income of $95 million or $0.25 per share, down from $140 million or $0.37...

Shares of biotechnology company AnPac Bio-Medical Science Co., Ltd. (ANPC) are surging more than 90% Wednesday morning after the company reported strong demand for its cancer screening tests and set a record in paid test volume in the third quarter.

Intuit (INTU) and Credit Karma said that they have entered into a consent decree with the U.S. Department of Justice, a step in completing their merger. The companies have also entered into an Assurance of Discontinuance with the New York State Attorney General. In addition, Intuit and Credit Karma...

Shares of Fisker Inc. (FSR), a manufacturer of electric vehicles, are rising more than 18 percent or $2.90 in Wednesday's morning trade at $18.87. According to reports, Citi initiated coverage of the company with a "buy" rating and assigned a 12-month price target of $26 per share. Fisker has...

Shares of Chinese carrier and cloud-neutral Internet data center services provider, 21Vianet Group, Inc. (VNET) are surging more than 20% Wednesday morning on better-tha-expected third quarter earnings.

Shares of Chinese e-commerce platform iYunji Inc. (YJ) are currently climbing over 18% on news that it inked an agreement with Douyin, a Chinese live streaming platform owned by Bytedance. YJ is currently trading at $5.09, up $0.80 or 18.60%, on the Nasdaq. Yunji signed a cooperative framework...

Shares of Canada Goose Holdings Inc. (GOOS), a Canada-based winter clothing manufacturer, are losing more than 8 percent or $3.13 in Wednesday's morning trade at $35.52. According to reports, Canada Goose received a two-notch downgrade by BTIG, to a "sell" rating from "buy". BTIG reportedly said...

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