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Perrigo Company plc (PRGO), Monday said it received tentative approval from the U.S. Food and Drug Administration for the generic version of Finacea Foam. Perrigo previously announced a patent litigation suit with Bayer AG for this product. Subsequently, LEO Pharma A/S acquired Finacea Foam (azelaic...

Atlassian Corp. Plc (TEAM), Monday said it agreed to buy AgileCraft, a provider of enterprise agile planning software, for a about $166 million. AgileCraft was founded in 2013 and is based in Georgetown, Texas. It helps enterprise organizations build and manage a 'master plan' of their most strategic...

Ultimate Fighting Championship has reached a seven-year deal with ESPN for the rights to sell and stream its pay-per-view bouts exclusively on its ESPN+ streaming service in the US. The events will begin on April 13, almost exactly a year since parent company Walt Disney Co launched ESPN+. ESPN...

AAR (AIR), a provider of aviation and defense aftermarket solutions, Monday said it received a $10.8 million order from the U.S. Air Force for the production of 463L cargo pallets. The cargo pallets will be manufactured at AAR's Mobility Systems business unit in Cadillac, Michigan. "AAR continues...

AT&T's (T) WarnerMedia said Warner Bros. Chairman and CEO Kevin Tsujihara has stepped down amid investigation into sexual misconduct allegations. "It is in the best interest of WarnerMedia, Warner Bros., our employees and our partners for Kevin to stepdown as Chairman and CEO of Warner Bros.," said...

Southwest Airlines Co. (LUV) has reached an agreement in principle with a union representing its mechanics union, which could end a long-running labor dispute. The agreement in principle or AIP was reached by Southwest Airlines and the Aircraft Mechanics Fraternal Association or AMFA on Saturday...

federal-prosecutors-031819.jpg The U.S. Department of Transportation or DOT is scrutinizing the development of Boeing 737 Max jetliners that were involved in two fatal crashes in five months, the Wall Street Journal reported Sunday, citing people familiar with the matter. Shares of Boeing are declining more than 2 percent in the regular trading session following the report.

Marriott International (MAR) said it will present the company's three-year growth plan, which includes opening more than 1,700 hotels around the world, at its meeting with institutional investors and security analysts at the New York Marriott Marquis. Marriott noted that it will outline its plan to...

Steel Dynamics, Inc. (STLD) on Monday forecast earnings for the first quarter of fiscal 2019 below the year-ago period's results and also below analysts' expectations, due to an expected sequential decline in earnings from the company's steel operations. The company forecast first-quarter 2019 earnings...

3M Co. (MMM) announced Monday the realignment of the company from five to four business segments to enable it increase customer focus, agility and productivity to better serve the fast-moving needs of global customers and markets. "Our new alignment will leverage our business transformation progress,...

Apple Inc. (AAPL) has unveiled its new 10.5-Inch iPad Air and 7.9-Inch iPad mini. They equipped with Apple Pencil, and the iPad Air includes an A12 Bionic chip that improves performance and graphics. The new iPads are available to order starting today and in stores next week. They also have advanced...

Food and beverages giant PepsiCo, Inc. (PEP) on Monday announced two senior leadership appointments for its Latin America or LatAm business, effective May 1, 2019. The company has appointed Paula Santilli, currently President of PepsiCo Mexico Foods or PMF, to the role of Chief Executive Officer,...

Newell Brands (NWL) announced it has signed a definitive agreement to sell its Process Solutions Business to One Rock Capital Partners, LLC, a private equity firm. After-tax proceeds for the divestiture are anticipated to be $500 million. The deal is expected to close in the second quarter of 2019. Process...

Merck (MRK) announced that Health Canada has expanded the label for KEYTRUDA (pembrolizumab), the company's anti-PD-1 therapy, to include approval for the treatment of metastatic non-squamous non-small cell lung cancer or NSCLC, in combination with pemetrexed and platinum chemotherapy, in adults with...

Mack-Cali Realty Corp. (CLI) announced receipt of a notice from Bow Street Special Opportunities Fund XV, LP of its intent to nominate a majority slate of six candidates to stand for election to the Board of Mack-Cali at the company's 2019 Annual Meeting of Stockholders. The company said it is evaluating...

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