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Roche (RHHBY.PK) said that it received a clearance from the US Food and Drug Administration to expand testing menu on cobas 6800/8800 Systems for sexually transmitted diseases. The addition of the cobas TV/MG test to the testing menu provides the flexibility to process up to four sexually transmitted...

Mattel, Inc. (MAT), a global children's toys and consumer products company, has extended its global licensing agreement with Warner Bros. Consumer Products. This will extend rights to iconic DC characters in the girls, preschool and vehicles categories. Mattel expects the signed deal will support and...

SORL Auto Parts Inc. (SORL) said that its board formed a special committee of independent directors to review, evaluate and negotiate a proposal from its Chief Executive Officer-led consortium, and any alternative thereto and to make a recommendation with respect to the Proposal and any alternative thereto. In...

Swatch Group Ltd. (SWGAF.PK, SWGNF.PK) said, at the AGM, the company's shareholders approved all proposals submitted by the Board of Directors with a vast majority. Mrs. Nayla Hayek was reelected as Chair of the Board of Directors. Nayla Hayek, Chair of the Swatch Group Board, said: "We invested with...

The Chief Executive Officer of Deutsche Bank (DB) Christian Sewing said that the bank is prepared to make tough cutbacks to improve the bank's profitability and raise a "disappointing" share price. At the annual general meeting, Christian Sewing said that the bank will further tighten its capital...

Medtronic plc (MDT) said its fourth-quarter non-GAAP net income and non-GAAP diluted EPS were up 7 percent and 8 percent, respectively, from previous year. Adjusting for negative impact from foreign currency, fourth-quarter non-GAAP diluted EPS increased 9 percent. Revenue grew 3.6% organic, for the...

Alliance Data Systems Corp. (ADS) said that it signed new multi-year private label credit services agreement with Children's clothing company Carter's Inc. Alliance Data's card services business has been selected to provide private label credit card and integrated marketing services for Carter's U.S....

C.H. Robinson (CHRW) said the company will enhance its European Surface Transportation business with the announced acquisition of Dema Service S.p.A., a privately-owned logistics company providing road transportation services across Europe. C.H. Robinson also expects the acquisition to strengthen its...

Brady Corp. (BRC) said, for its third quarter ended April 30, 2019, organic sales growth along with the execution of sustainable efficiency gains throughout SG&A structure resulted in its income before income taxes increased 10.8 percent year-over-year. Looking forward, the company raised its fiscal...

Advanced Drainage Systems, Inc. (WMS) said, for fiscal 2020, the company will continue to deliver on its three-year plan to increase shareholder value by capitalizing its strength in end markets to drive growth. For fiscal 2020, net sales are expected to be in the range of $1.425 billion to $1.475 billion...

While reporting financial results for the first 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...

While reporting financial results for the second quarter on Thursday, Hormel Foods Corp. (HRL) lowered its earnings and net sales guidance for the full-year 2019. For fiscal 2019, the company now projects earnings in a range of $1.71 to $1.85 per share, and net sales between $9.70 billion and $10.20...

Royal Bank of Canada (RY, RY.TO) reported Thursday a net income of C$3.23 billion or C$2.20 per share for the second quarter. Net income was up 6 percent from last year, with solid earnings per share growth of 7 percent. Results reflected strong earnings growth in Capital Markets, Personal & Commercial...

Mitchells & Butlers Plc. (MAB.L, MLB), an operator of managed restaurants and pubs, Thursday reported that first-half profit before tax increased to 75 million pounds from last year's 69 million pounds. Earnings per share grew to 14.3 pence from last year's 13 pence. Adjusted profit before tax was...

Swiss drug major Novartis (NVS), at its annual Meet Novartis Management investor event, reiterated the overall strategy to become a leading medicines company powered by advanced therapy platforms and data science. The company said its management is focused on driving its strategy and sustainable growth. Novartis...

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