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General Motors Co. (GM) plans to wind down its Maven car-sharing service in several major North American cities in the next few months, the Wall Street Journal reported. "We're shifting Maven's offerings to concentrate on markets in which we have the strongest current demand and growth potential,"...

Evotec SE (EVTCY.PK, EVOTF.PK) said that it agreed to acquire Just Biotherapeutics Inc. based in Seattle, WA, USA for up to US$90 million or about 81 million euros including potential performance-based earn-out components expected within the next three years. The company expects to close the acquisition...

Sonoco Products Co. (SON) said that it agreed to buy Corenso Holdings America Inc. from a company owned by investment funds advised by Madison Dearborn Partners LLC and management for about $110 million in cash. The transaction is expected to close in the third quarter of 2019. Sonoco expects that...

Domino's Pizza Inc. (DPZ) said Monday that in honor of America's farmers, it is offering large two-topping carryout pizzas for $5.99 each, during the period from May 20 to May 26. "Domino's wouldn't exist without dairy, tomato and wheat farmers across the U.S. Farmers work seven days a week, just...

The Coca-Cola Company (KO) has decided to maintain its majority stake in Coca-Cola Beverages Africa, and reclassify the results of CCBA within the company's results from continuing operations in the second quarter of 2019. Coca-Cola previously announced its intention to refranchise CCBA, and was in discussions...

While reporting financial results for the first quarter on Monday, International Game Technology plc (IGT) maintained its full-year 2019 guidance for adjusted EBITDA outlook and capital expenditures. The company also declared a quarterly cash dividend. For fiscal 2019, the company continues to project...

Pfeiffer Vacuum Technology AG (PFFVF.PK, PVTCY.PK), a manufacturer of vacuum solutions, said Monday that it has concluded the relationship agreement for the strategic cooperation with the Busch Group. Since the beginning of November 2018, the two companies have negotiated the framework conditions...

EchoStar Corp. (SATS) has agreed to sell BSS Business to DISH Network Corp. (DISH) in an all-stock, tax-free deal valued at approximately $800 million. EchoStar shareholders will receive 22,937,188 shares of DISH class A common stock, as per the terms of the deal. The BSS represents satellite services...

Home improvement retailer Lowe's Cos. Inc. (LOW) announced Monday it acquired the Retail Analytics platform from Boomerang Commerce to accelerating its technology capabilities and focus on driving strong retail fundamentals. The technology will be integrated into the company's core retail business...

GEA Group AG (GEAGF.PK, GEAGY.PK) announced that Marcus Ketter has joined the company as CFO. He has been appointed to the Executive Board for the next three years. Marcus Ketter joins GEA from Klöckner & Co SE, where he worked as CFO from 2013. Earlier in his career, Marcus Ketter served as CFO of Schuler...

German lender Commerzbank AG (CRZBY.PK) Monday announced that it has entered into a strategic partnership with GlobalTrade Corp. or GTC, a Canadian application services provider, to further digitize and automate its trade finance business. The bank plans to utilise GTC's @GlobalTrade platform to strengthen...

Provident Financial plc (PFG.L) released Monday a statement by Schroders regarding Non-Standard Finance plc or NSF's offer for Provident Financial. The Provident Board said it believes that the offer is significantly flawed and value destructive, and urgeD its shareholders to take no action in relation...

Ryanair Holdings plc (RYA.L, RYAAY) reported Monday that its fiscal 2019 profit before tax was 948.1 million euros, down from 1.61 billion euros last year. Profit for the year attributable to equity holders of parent fell to 885.0 million euros from 1.45 billion euros a year ago. Earnings per share were...

Google, a unit of Alphabet Inc. (GOOG, GOOGL), has suspended all business it has with Chinese tech giant Huawei Technologies Co. except for hardware and software dealings that are covered by open source licenses, as a result of trade blacklisting of Huawei in U.S., according to reports citing people...

T-Mobile US Inc. (TMUS) and Sprint Corp. (S) are planning to announce new commitments to the U.S. government including asset sales and rural-service guarantees to help secure regulatory approval for their $26.5 billion merger, according to Bloomberg reported citing people familiar with the matter. The...

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