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UK food delivery company Just Eat plc (JE.L) on Friday issued a statement regarding the Competition and Markets Authority or CMA's announcement that it is investigating the combination of Takeaway.com N.V. and Just Eat. The merger would result in the formation of Just Eat Takeaway.com Co. CMA intends...

Chinese online media and gaming business Sohu.com Limited (SOHU) said it entered into a definitive agreement to acquire all shares of majority-owned unit Changyou.com (CYOU) that it does not already own in an all-cash transaction. The implying equity value of Changyou shares in the deal is about $579.0...

Shares of semiconductor company STMicroelectronics NV (STM) recorded a new 52-week high of $30.22 on Thursday, January 23, 2020, following the announcement of its better-than-expected Q4 results. The stock closed Thursday's trading session at $30.04, up $1.65 or 5.81%. Trading volume surged to 6.05 million versus an average volume of 1.96 million.

Shares of cloud-based payroll software provider, Paycom Software, Inc. (PAYC) were up 3.81% on Thursday to hit a new high of $324 followed by its entry into the S&P 500 index on Wednesday. The stock, that closed yesterday's trading at $314.85, witnessed a surge in trading volume to 3,173 K compared with the average volume of 533 K.

Medical technology business Smith+Nephew Plc (SN.L, SNN) Friday announced that it has acquired Tusker Medical, Inc., a California-based developer of the Tula System. The commercial terms have not been disclosed. Tula System is an in-office solution for tympanostomy tubes, commonly known as ear tubes....

Rémy Cointreau (RCO.PA) reported sales of 814.0 million euros for the first nine months of fiscal year, down 4.1 percent from prior year. While sales of Group Brands grew 1.6 percent over the period, Partner Brands declined by 67.5 percent, due to the Group's voluntary withdrawal from a few distribution...

CTS Eventim, a provider of ticketing and live entertainment, said that it agreed to buy a 60% of the shares in Zurich-based Gadget Entertainment AG. CTS EVENTIM will also buy a 60% stake in the St. Gallen-based wepromote Entertainment Group Switzerland AG. On completion of the transaction, the business...

Ericsson (ERIC) reported that its net income attributable to stockholders of the parent company for the fourth-quarter was 4.43 billion Swedish kronor or 1.33 kronor per share compared to a net loss of 6.55 billion kronor or 1.99 kronor per share in the prior year. Taxes for the latest-quarter were...

Shares of recreational boat and yacht retailer MarineMax, Inc. (HZO) hit a new high of $22.32 following upbeat first-quarter results. The stock was up 24% yesterday and closed at $21.61.

Givaudan (GVDBF.PK), a Swiss manufacturer of fragrance and flavor products, reported Friday that its fiscal 2019 net income grew 6 percent to 702 million Swiss francs from 663 million francs in 2018. Basic earnings per share were 76.17 francs, higher than last year's 71.92 francs. The EBITDA increased...

Genentech, a member of the Roche Group (RHHBY), reported that the Phase III IMvigor010 study evaluating Tecentriq as an adjuvant (after surgery) monotherapy treatment did not meet its primary endpoint of disease-free survival compared to observation in people with muscle-invasive urothelial cancer. Genentech...

California is planning to use QR codes to identify illicit cannabis businesses and sales in the state. The California Bureau of Cannabis Control on Thursday proposed emergency regulations that would make it mandatory for licensed cannabis businesses in the state to post their unique Quick Response...

Supermarket chain Wm Morrison Supermarkets plc (MRW.L) is planning to cut 3,000 management roles across its stores as part of a major restructuring, reports said. The company further will create more shop floor jobs. Around 7,000 new hourly-paid roles will be created at its 500 stores, resulting in...

Xerox Holdings Corp. (XRX) Thursday announced that its plans to nominate 11 independent candidates to replace HP Inc.'s (HPQ) board of directors at its next annual meeting, the latest attempt by the printing and imaging technology to acquire HP. The slate to be nominated includes former senior executives...

SVB Financial Group (SIVB) reported fourth quarter earnings per share of $5.06, compared to $4.96, a year ago. On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $4.65, for the quarter. Analysts' estimates typically exclude special items. Non-GAAP core...

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