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Takeda Pharmaceutical Company Limited (TAK) said that its board approved an executive compensation recoupment policy or "clawback policy". It is part of its efforts to further strengthen its commitment to corporate governance. The clawback policy will take effect on April 1, 2020 and apply to short-term...

Adidas (ADDYY.PK, ADDDF.PK) said it stop a 1 billion euros share buyback it had planned for this year, citing economic uncertainty caused by the dynamic developments related to the coronavirus outbreak. The adidas Executive Board decided to proactively adopt a conservative approach to liquidity managementin...

Kroger Family of Companies (KR) said that it will provide all hourly frontline grocery, supply chain, manufacturing, pharmacy and call center associates with a Hero Bonus, a $2 premium above their standard base rate of pay, applied to hours worked March 29 through April 18. The company will disburse...

Amgen (AMGN) said that it has consummated the purchase from Astellas of 49% of shares of Amgen Astellas BioPharma K.K., a joint venture between Amgen and Astellas established in 2013. Amgen Astellas BioPharma K.K, which is now a wholly-owned Amgen affiliate in Japan renamed Amgen K.K., has enabled...

burgerkings march31 Burger King is reportedly bringing back its popular big burger, the Big King XL Burger, which it first introduced last year. The Big King XL is made with a half-pound of beef, melted American cheese, onions, pickles, lettuce and "savory sauce" on a toasted sesame bun. Burger King claims that the burger...

Below are the earnings highlights for BlackBerry (BB): -Earnings: -$41 million in Q4 vs. $51 million in the same period last year. -EPS: -$0.07 in Q4 vs. $0.08 in the same period last year. -Excluding items, BlackBerry reported adjusted earnings of $51 million or $0.09 per share for the period....

ftc march31 The U.S. Federal Trade Commission is refunding more than $1 million to consumers targeted by a scam. According to the FTC, consumers paid Scott Cooper and his companies, World Patent Marketing Inc. and Desa Industries Inc., thousands of dollars to patent and market their inventions based on bogus...

americanairlines march31 American Airlines Group has extended its offer to waive change fees for customers who purchase travel tickets through April 30, in response to lower travel demand due to the coronavirus or COVID-19 pandemic. The offer is available for any of American Airlines' published non-refundable fares. The airline had earlier waived change fees for customers who purchased tickets through April 15.

Shares of Reata Pharmaceuticals Inc. (RETA) are down 10% on Tuesday morning after the company said it is halting trials of two drugs citing COVID-19 pandemic. RETA is currently trading at $146.51, up $15.37 or 9.49%, on the Nasdaq. Reata Pharmaceuticals has decided to halt the Phase 3 CATALYST...

Walgreens and Postmates have expanded on-demand delivery service to 7,000 stores nationwide to address the rising need for home delivery. Consumers can get health and wellness items, including select over-the-counter medications, and other household essentials and convenience products they need delivered...

Providing a business update in response to the global coronavirus outbreak, Papa John's International, Inc. (PZZA) announced Tuesday that it is withdrawing its previously provided financial outlook for fiscal 2020, amid the uncertainties related to the coronavirus (COVID-19) pandemic and out of an abundance...

Shares of Cloudflare Inc. (NET) are rising more than 9 percent in Tuesday's trading at $26.09, after hitting a new 52-week high of $26.13 earlier despite the absence of any stock-specific news. The shares have traded in a range of $14.50 to $26.00 in the past 52 weeks. U.S. stocks are lower on Tuesday,...

Shares of Carnival Corp. (CCL) is down 5% on Tuesday morning after the luxury cruise line operator announced its plans to raise about $6 billion as the ongoing Covid-19 pandemic has halted its business completely. CCL is currently trading at $12.17, down $0.63 or 4.93%, on the NYSE. Carnival said...

Shares of Zoom Video Communications Inc. (ZM) are losing almost 4 percent in Tuesday's trading at $144.99. According to reports, Zoom was sued by a user who alleged that the video conferencing software company is illegally disclosing personal information, without proper notice, to third parties,...

paddedcribbumper march31 The U.S. Consumer Product Safety Commission or CPSC is advancing with its proposed rule to ban padded, pillow-like crib bumpers amid increasing incidents of infant injury and deaths. In a statement, the agency said it voted unanimously last week to move forward with rulemaking on a federal safety standard for crib bumpers.

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