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Devon Energy Corp. (DVN) announced its board has authorized the company to pursue the separation of its Canadian and Barnett Shale assets to complete its transformation to a high-return U.S. oil growth business. Devon will evaluate multiple methods of separating the assets, including a potential sale...

Auto giant Ford plans to stop making heavy trucks in South America, a region where the automaker has long struggled. The company plans to stop production at an assembly plant in Brazil. Ford will stop production at its Sao Bernardo do Campo plant in Brazil this year. It will also stop selling the...

KAR Auction Services, Inc. (KAR) released earnings for fourth quarter that decreased from last year. The company's profit totaled $67.3 million, or $0.50 per share. This compares with $172.8 million, or $1.27 per share, in last year's fourth quarter. Excluding items, KAR Auction Services, Inc....

Interface Inc. (TILE) announced a profit for its fourth quarter that climbed from the same period last year. The company's bottom line totaled $6.39 million, or $0.11 per share. This compares with $4.32 million, or $0.07 per share, in last year's fourth quarter. Excluding items, Interface Inc....

Google announced Tuesday it plans to acquire cloud migration company Alooma, which helps other companies move their data from multiple sources into one data warehouse. Alooma helps enterprise companies streamline database migration in the cloud with an innovative data pipeline tool that enables them...

Iconic fashion designer Karl Lagerfeld dead at the age of 85 after a battle with pancreatic cancer. The German born fashion "Kaiser" was admitted to the American Hospital on the outskirts of Paris last night and passed away early this morning. According to sources, Lagerfeld was rushed to hospital...

Merck KGaA's (MKGAY.PK) MilliporeSigma announced that the United States Patent and Trademark Office has issued a formal notice allowing MilliporeSigma's patent application directed to its proxy-CRISPR technology. MilliporeSigma's proxy-CRISPR is a new genome-editing technique that makes CRISPR more...

Repsol (REPYY.PK) said that the company and partners PETRONAS and MOECO have made the largest gas find in Indonesia in eighteen years. The discovery is also among the ten largest finds worldwide in the last twelve months. The KBD-2X well in South Sumatra provides preliminary estimation of at least 2...

Rite Aid Corp. (RAD) and GNC (GNC) announced an agreement which extends their partnership through 2022. Rite Aid and GNC have had an exclusive partnership in the chain drug channel since December 1998. There are approximately 2,200 GNC store-within-a-store locations operating in Rite Aid stores nationwide,...

Expeditors International of Washington Inc. (EXPD) reported that its fourth-quarter net earnings attributable to shareholders increased 7% to $179.21 million from $166.97 million in the previous year. Net Earnings Attributable to Shareholders per share increased 11% to $1.02 from last year. Revenues...

Ecolab Inc. (ECL) released earnings for fourth quarter that decreased from the same period last year. The company's bottom line came in at $395.1 million, or $1.35 per share. This compares with $562.6 million, or $1.92 per share, in last year's fourth quarter. Excluding items, Ecolab Inc. reported...

GE Aviation, an operating unit of General Electric Company (GE), announced digital network operations agreements with customers at the Waypoint event including AirAsia and additional undisclosed airlines. AirAsia signed a five-year contract for Network Operations Insights to provide a single view of...

Atlas Air Worldwide Holdings Inc. (AAWW) on Tuesday reported that its net income for the fourth quarter rose to $210.97 million from $209.45 million in the year-ago period. However, earnings per share declined to $2.73 from $6.71 last year on higher number of weighted average shares. The latest quarter's...

Gliknik said that it will receive a $15 million milestone payment from Pfizer Inc. (PFE) following the start of a Phase I clinical trial of Pfizer drug candidate PF-06755347, previously known as GL-2045, for the potential treatment of chronic inflammatory demyelinating polyneuropathy or CIDP, a rare...

Genuine Parts Co (GPC) revealed earnings for its fourth quarter that advanced from last year. The company's earnings came in at $186.70 million, or $1.27 per share. This compares with $108.18 million, or $0.73 per share, in last year's fourth quarter. Excluding items, Genuine Parts Co reported...

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