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While reporting financial results for the first quarter of fiscal 2020 on Tuesday, Apogee Enterprises, Inc. (APOG) reaffirmed earnings and revenue growth guidance for the full-year 2020. For fiscal 2020, the company continues to project adjusted earnings in a range of $3.00 to $3.20 per share, which...

KLA Corp. (KLAC) affirmed the company's third quarter revenue guidance of $1.31 billion to $1.39 billion, and non-GAAP earnings per share of $2.04 to $2.34. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.20 on revenue of $1.35 billion. Analysts' estimates typically...

British travel company Thomas Cook Group Plc has filed for Chapter 15 court protection in the U.S. as part of a broader debt restructuring, Bloomberg reported citing court papers. The troubled company filed the petition in the Southern District of New York, represented by law firm Latham & Watkins. Bloomberg...

Taiwan-based HTC Corp. (HTCCY.OB) announced Tuesday the appointment of Yves Maitre as CEO, effective immediately. Cher Wang, who took over as CEO four years ago, will continue as Chairwoman of the HTC board. Wang will focus on future technologies that align with HTC's expanding portfolio and vision...

Hikma Pharmaceuticals PLC (HIK.L, HKMPY) announced Tuesday that the company, through its affiliate, Hikma Pharmaceuticals USA Inc., has launched a new prefilled syringe capability in the U.S. Heparin Sodium Injection in a ready-to-use syringe is the first product using Hikma's new injectable manufacturing...

Vestas (VWDRY.PK) said it has secured a 34 MW order for the Haramsfjellet wind project in western Norway. The order was placed by Taaleri Energia investing via their SolarWind II fund in the project. The contract includes the supply, and commissioning of the wind turbines, and a 27-year Active Output...

Acceleron Pharma Inc. (XLRN) on Monday said its investigational therapy ACE-083 for the treatment of facioscapulohumeral muscular dystrophy (FSHD) did not achieve functional secondary endpoints in the Phase 2 trial.

AVITA Medical (AVMXY.OB) on Monday announced that the FDA has approved the company's Investigational Device Exemption (IDE) application to conduct a study of the Autologous Cell Harvesting Device RECELL in combination with meshed autografting for the treatment of acute soft tissue injuries, defects, and reconstruction.

Novartis (NVS) reported that the PREVENT trial evaluating Cosentyx in patients with non-radiographic axial spondyloarthritis met its primary endpoint of ASAS40 at Week 16, showing a significant and clinically meaningful reduction in disease activity for patients treated with Cosentyx versus placebo....

The Federal Aviation Administration chief Stephen Dickson plans to test out Boeing Co's (BA) software changes to its 737 Max planes in a simulator this week, according to reports. All Boeing 737 MAX aircraft, including the 8 and 9 variants, were grounded by the Federal Aviation Administration from...

MCR Labs, a cannabis testing facility in Massachusetts, has agreed to pay a fine of $225,000 for improper disposal of marijuana products, according to reports. The Massachusetts Cannabis Control Commission reportedly approved the settlement with MCR Labs at a meeting last week. As part of the settlement...

Marvell Technology Group Ltd. agreed to pay $5.5 million to settle charges that the company misled investors when it engaged in an undisclosed revenue management scheme in order to meet publicly-issued revenue guidance, the U.S. Securities and Exchange Commission said. The firm consented to the SEC...

Two subsidiaries of Prudential Financial have agreed to pay $32.6 million to settle claims that they failed to disclose conflicts of interest and made misleading disclosures regarding 94 insurance-dedicated mutual funds they advised, the U.S. Securities and Exchange Commission said. The SEC censured...

Streaming giant Netflix Inc. (NFLX), has acquired global streaming rights to hit sitcom "Seinfeld." According to LA Times, Netflix and Sony Pictures Television, which controls the distribution of "Seinfeld," agreed to a deal, which allows Netflix to hold the global streaming rights to "Seinfeld" for...

Ari Emanuel's company Endeavor Group Holding Monday announced plans to go public, according to a filing with the Securities and Exchange Commission. The entertainment, sports and content company plans to offer 19.35 million Class A shares at a price of $30 to $32 per share, which could raise up to...

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