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Welltower Inc. (WELL), a health care infrastructure company, announced Friday that the Board of Directors has nominated Dennis Lopez and Ade Patton to be elected as directors at the upcoming Welltower 2021 Annual Meeting of Shareholders. Lopez, 66, is the Chief Executive Officer of QuadReal Property...

Eli Lilly and Company (LLY) has requested the FDA revoke the Emergency Use Authorization for bamlanivimab 700 mg alone. This is the final step in the company's transition to only supply bamlanivimab and etesevimab for administration together in the U.S. for the treatment of COVID-19. The company noted...

CPI Aerostructures, Inc. (CVU) reported Friday that its fourth-quarter net income was $1.3 million, compared to last year's net loss of $1.4 million. Earnings per share were $0.11, compared to loss per share of $0.12. Gross profit grew to $4.6 million from prior year's $2.5 million. Gross margin of...

Carnival Corporation & plc (CCL, CCL.L, CUK) announced Friday that its German cruise line AIDA Cruises will offer new cruises in Greece from May 23 through October The 7-day cruises will depart from Corfu and travel through the Greek islands to Crete and Rhodes, as well as to Katakolon in Olympia...

Vonovia (DAIMF) said the company is expecting good business performance to continue in 2021, and planning for a turnover increase to between 4.9 and 5.1 billion euros. At the AGM, the company's proposal for the dividend is 1 euro and 69 cents per share. This is around 8 percent more than last year. At...

German consumer goods maker Henkel AG & Co. KGaA (HENOY, HENKY) reported Friday good start into 2021 with first-quarter development above market expectations. Despite these uncertainties, the company is aiming to return to sales and earnings growth in 2021. Based on preliminary figures, the company...

Covestro (CVVTF.PK) said it entered the fiscal year 2021 with good impetus. The company expects a significant increase over pre-pandemic results from 2019. The Board of Management and the Supervisory Board are proposing a dividend of 1.30 euros per share for the past fiscal year 2020. CFO Thomas Toepfer...

Saint-Gobain (CODGF.PK) agreed to sell 67% of its Pipe business in China to a consortium led by local management. The transaction should close during summer 2021 and values the company at around 100 million euros. PAM China comprises a production facility in Ma'anshan, in the country's eastern region,...

Man Group plc (MNGPF.PK, MNGPY.PK, EMG.L) Friday reported that its first-quarter funds under management or FUM was $127.0 billion as of March 31, higher than $104.2 billion last year. Sequentially, FUM increased 3 percent from $123.6 billion as of December 31, 2020. The growth was driven by net...

ING Group (ING) Friday announced its plan to separate the Management Board Banking roles for technology and operations. The company appointed Ron van Kemenade as member of the Management Board Banking and chief technology officer, effective May 1. Further, Roel Louwhoff, chief operations officer...

Bausch Health Companies Inc. (BHC), Bausch + Lomb, and Nicox announced VYZULTA, 0.024%, has received regulatory approval from the Brazilian Health Regulatory Agency. It is indicated for the reduction of intraocular pressure in patients with open-angle glaucoma or ocular hypertension. The approval of...

Genentech, a member of the Roche Group (RHHBY), said new analyses showed that early treatment with Ocrevus or ocrelizumab may significantly control disease progression in both relapsing-remitting multiple sclerosis and in primary progressive multiple sclerosis. Controlling progression can enable people...

United Rentals Inc. (URI) said that it agreed to buy General Finance Corp. (GFN) for $19 per share in cash, representing a total enterprise value of about $996 million, including the assumption of $400 million of net debt. The transaction is expected to be accretive to earnings per share and free...

Mortgage rates, or interest rates on home loans, dropped for second week in a row, 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 3.04 percent for the week ending...

Bank and brokerage firm The Charles Schwab Corp. (SCHW) on Thursday reported higher first-quarter earnings, helped by good growth across diversified revenue streams. The company's quarterly results came in above market expectations. The company posted first-quarter net income of $1.38 billion or...

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