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Luxury products maker LVMH Moet Hennessy Louis Vuitton (LVMHF.PK, LVMUY.PK) Tuesday said its profit for 2019 was 7.17 billion euros up 13% form 6.35 billion euros last year. Profit from recurring operations was 11.50 billion euros, up 15% from 10.003 billion euros last year, to which all business...

Delphi Technologies PLC (DLPH) is climbing more than 62% on Tuesday morning after the company announced its acquisition by BorgWarner Inc. (BWA) in an all-stock transaction that values Delphi at approximately $3.3 billion.

martinshkreli-012820.jpg New York Attorney General Letitia James has fled a lawsuit against Vyera Pharmaceuticals and two of its former CEOs, including imprisoned 'Pharma Bro' Martin Shkreli, for illegally monopolizing a life-saving drug Daraprim. The lawsuit seeks a lifetime ban on Shkreli and his business partner Kevin Mulleady working in the pharmaceutical industry.

Shares A. O. Smith Corporation (AOS), a maker of water heaters and boilers, were trading 3.33% higher or $1.46 at $45.27 in the morning trade after the company provided better sales outlook for 2020.

Shares of PulteGroup Inc. (PHM) recorded a new 52-week high of $45.54 today, Jan. 28, 2020, following the announcement of its upbeat Q4 results, and its acquisition of Innovative Construction Group for undisclosed terms.

verizon-jan28.jpg Verizon remains the best mobile network carrier in the U.S. by delivering the best combination of fast speeds and excellent reliability among all carriers, a new report from IHS Markit's RootMetrics has found. According to RootMetrics' U.S. State of the Mobile Union report for the second half of 2019, Verizon continued to outperform the other carriers at the national, state and metro levels.

QuickLogic Corp. (QUIK) announced a restructuring plan which is estimated to result in annualized operating expense savings of approximately $4.0 million. QuickLogic will reduce total personnel by approximately 30% by the end of the first quarter of fiscal 2020. The company expects to incur approximately...

PACCAR (PCAR) reported that its net income for the fourth quarter of 2019 declined to $531.3 million or $1.53 per share from $578.1 million or $1.65 per share in the fourth quarter of 2018. Analysts polled by Thomson Reuters expected the company to report earnings of $1.51 per share. Analysts' estimates...

astrazeneca-012820.jpg Strategy of getting multiple indication approvals for the same drug seems to be paying off for AstraZeneca PLC (AZN), in terms of higher likelihood of approval and improved sales. Besides, the company is realizing value from non-core, mature brands to invest in new drugs, which also seems to be working in its favor.

Quad/Graphics Inc. (QUAD) agreed to sell its Omaha packaging plant to Graphic Packaging International (GPK), a provider of packaging solutions to food, beverage, foodservice, and other consumer products companies, for $40 million. Quad/Graphics expects to close the sale on or about January 31, 2020,...

While reporting financial results for the fourth quarter on Tuesday, Lockheed Martin Corp. (LMT) initiated earnings outlook for the full-year 2020, while boosting annual net sales outlook. For fiscal 2020, the company now expects earnings in a range of $23.65 to $23.95 per share. Net sales are now...

First BanCorp. (FBP), the bank holding company for FirstBank Puerto Rico, on Tuesday reported that its fourth-quarter net income attributable to common shareholders declined to $35.78 million or $0.16 per share, from $100.44 million or $0.46 per share in the year-ago period. The prior-year quarter's...

International Game Technology plc (IGT) announced Tuesday that it signed a multi-state sports betting agreement with Delaware North Companies Gaming & Entertainment, Inc. The deal is to power retail and mobile sports betting in West Virginia and retail sports betting in Arkansas. Under the deal...

PulteGroup Inc. (PHM) reported that its net income for the fourth-quarter increased to $335.80 million or $1.22 per share from $237.65 million or $0.84 per share in the previous year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.09 per share. Analysts' estimates typically...

While reporting financial results for the fourth quarter on Tuesday, A.O. Smith Corp. (AOS) initiated adjusted earnings and sales growth guidance for the full-year 2020, which excludes the potential impact to its businesses from the developing coronavirus originating in China. For fiscal 2020, the...

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