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Amgen (AMGN) and Allergan plc (AGN) said a clinical study demonstrated clinical equivalence of ABP 798 to Rituxan in patients with CD20-positive B-cell non-Hodgkin's lymphoma. In the study, the overall response rate by week 28 was within the prespecified margin for ABP 798. Safety and immunogenicity...

boeing-aug22.jpg The Pentagon has canceled a billion dollar contract with Boeing Co. for a new ballistic missile interceptor due to technical design problems. The contract was for developing the Redesigned Kill Vehicle or RKV, intended to intercept and shoot down current and future-generation incoming ballistic missiles from North Korea and Iran at extremely high altitudes.

Toro Co. (TTC) said it narrowed its fiscal year 2019 adjusted net earnings per share guidance to about $2.92 - $3.00 from the prior estimation of $2.90 - $3.00. Analysts polled by Thomson Reuters expect the company to report earnings of $2.91 per share for fiscal year 2019. Analysts' estimates typically...

Tuesday Morning Corp. (TUES) said its fourth-quarter comparable store sales performance was slightly better than expected and driven by strong transaction growth of 3.1 percent. Adjusted EBITDA was negative $4.0 million, compared to adjusted EBITDA of negative $2.0 million for the prior year period....

World Fuel Services Corp. (INT) said Thursday that it agreed to buy Universal Weather and Aviation's UVair fuel business for about $170 million. A portion of the purchase price will be payable over three years. The company said it will fund the purchase price through cash-on-hand and liquidity available...

While reporting financial results for the second quarter on Thursday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) raised its earnings guidance for the full-year 2019. In the Thursday's pre-market trade, DKS is currently trading at $37.36, up $4.40 or 13.35 percent. For fiscal 2019,...

Bristow Group Inc. (BRSWQ) has filed an amended joint plan of reorganization with the Bankruptcy Court. The amended plan, which was filed on August 1, 2019, include a settlement with the committee of unsecured creditors. The Court has conditionally approved the debtors' commencement of solicitation of...

While reporting financial results for the second quarter on Thursday, BJ's Wholesale Club Holdings Inc. (BJ) maintained its earnings and net sales guidance for the full-year 2019. For fiscal 2019, the company continues to project earnings in a range of $1.42 to $1.50 per share, and net sales between...

Stage Stores, Inc. (SSI), announced, for 2019, the company now expects adjusted EBITDA of $20 million to $25 million compared to the previously guided range of $10 million to $15 million. The company said the guidance revision is based on its accelerated conversion schedule and significant SG&A benefits...

While reporting financial results for the third quarter on Thursday, branded food company Hormel Foods Corp. (HRL) reaffirms its earnings guidance for the full-year 2019, while trimming annual net sales outlook as its navigates near-term uncertainty related to African swine fever. For fiscal 2019,...

Canadian Imperial Bank of Commerce or CIBC (CM.TO, CM) President and CEO Victor Dodig announced Thursday that Senior Executive Vice-President and Chief Financial Officer Kevin Glass is retiring after 10 years with the bank, effective January 1, 2020. Glass will continue to serve as CFO until October...

Retrophin, Inc. (RTRX), a biopharmaceutical company, said the Phase 3 Study evaluating fosmetpantotenate compared to placebo in patients with pantothenate kinase-associated neurodegeneration failed to meet primary endpoint, as well as secondary endpoint. Fosmetpantotenate was generally safe and well-tolerated...

While reporting financial results for the third quarter on Thursday, Canadian Imperial Bank of Commerce or CIBC (CM.TO, CM) announced that its board of directors declared a dividend of C$1.44 per share on common shares for the quarter ending October 31, 2019, an increase of four cents from the previous...

Denmark-based Genmab A/S (GMXAY.PK) announced Thursday that the Japanese Ministry of Health, Labor and Welfare or MHLW has approved the use of Darzalex (daratumumab) to treat frontline multiple myeloma. Darzalex is approved in combination with bortezomib, melphalan and prednisone for the treatment...

GlaxoSmithKline plc (GSK.L, GSK) announced Monday that its majority-owned ViiV Healthcare, with Pfizer Inc. and Shionogi Limited as shareholders, reported positive phase III study results of investigational, long-acting, injectable HIV-treatment regimen administered every two months. The global phase...

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