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PPG Industries, Inc. (PPG) announced Monday that it has acquired Cetelon Lackfabrik GmbH, a manufacturer of coatings for automotive and light truck wheel applications. Financial details of the transaction were not disclosed. Cetelon develops and manufactures a wide range of coating systems for the...

While reporting its financial results for the first quarter of fiscal 2021 on Monday, Prologis Inc. (PLD) raised its net earnings and core funds from operations outlook for the full-year 2021, based on the strength of its results and the market. For fiscal 2021, the company now forecasts net earnings...

Curis Inc. (CRIS) said Monday that it has received Orphan Drug designation from the U.S. Food and Drug Administration for CA-4948, a first-in-class, small molecule inhibitor of IRAK4 and Curis's most advanced therapeutic in clinical development. CA-4948 targets IRAK4-L, the oncogenic isoform of IRAK4...

Baidu, Inc. (BIDU) said, in the second half of 2021, Apollo will come pre-installed with at least one mass-produced car model each month. Baidu also unveiled upgrades to its intelligent cloud solutions to empower partners developing autonomous vehicles. Under the autonomous driving cloud solution, Apollo...

San Diego Gas & Electric pledges to reach net zero greenhouse gas emissions by 2045. It is developing two hydrogen pilot projects, nearing completion of an additional battery storage facility and will break ground on another, and launching a vehicle-to-grid pilot program featuring six electric school...

NextEra Energy Partners, LP (NEP) has entered into a agreement with Brookfield Renewable to acquire a 391-megawatt portfolio of four operating wind assets located in California and New Hampshire for a base purchase price of $733 million. The acquired assets are projected to contribute adjusted EBITDA...

MSCI Inc. (MSCI) announced its commitment to the goal of net-zero emissions before 2040. The company had previously pledged to reduce by 2035 Scope 1 and 2 emissions by 50%, and Scope 3 emissions by 20%. MSCI will accelerate carbon-reduction initiatives focusing on the most material and controllable...

The Coca-Cola Company and Coca-Cola Beverages Africa said they plans to list Coca-Cola Beverages Africa as a publicly traded company. The Coca-Cola Company plans to sell a portion of its shareholding in Coca-Cola Beverages Africa via an initial public offering. The companies plan for an IPO within the...

Herman Miller, Inc. (MLHR) and Knoll Inc. (KNL) have entered into a definitive agreement under which Herman Miller will acquire Knoll in a cash and stock deal valued at $1.8 billion. Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common...

MannKind Corporation (MNKD) and United Therapeutics (UTHR) today said United Therapeutics has submitted a new drug application (NDA) to the U.S. Food and Drug Administration for its Tyvaso DPI. Tyvaso DPI is a dry powder formulation of Tyvaso, delivered via a portable inhaler, for the treatments of...

Webster Financial Corp. (WBS) reported first quarter earnings applicable to common shareholders of $105.5 million, or $1.17 per share, compared to $36.0 million, or $0.39 per share, prior year. Earnings per share would have been $1.25 for the quarter ended March 31, 2021, adjusting for charges related...

Carrier has agreed to acquire Guangdong Giwee Group, a China-based manufacturer of heating, ventilation and air conditioning products, offering a portfolio of products such as variable refrigerant flow, modular chiller and light commercial air conditioners. "The Giwee Group will be an excellent strategic...

Harley-Davidson, Inc. (HOG) announced Monday that it has received notification from the Economic Ministry of Belgium that it would be subject to the revocation of Binding Origin Information (BOI) credentials, effective April 19, 2021, following a request from the European Union (EU). Harley-Davidson...

North Carolina -based real estate investment trust Highwoods Properties, Inc. (HIW) announced Monday its agreement to acquire a portfolio of office assets from Preferred Apartment Communities, Inc. (APTS). The company's total investment, including the estimated value of the non-core assets, is expected...

CytoDyn Inc. (CYDY.OB), a late-stage biotechnology company developing leronlimab, has submitted the manufacturing section of the application for an Interim Order to Health Canada for COVID-19 under a rolling review. This documents the company's manufacturing practices are in full compliance with GMP...

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