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Porsche Automobil Holding SE (POAHY.PK, POAHF.PK), which holds the majority of stake in German auto maker Volkswagen AG, reported Tuesday that its group profit after tax in the first nine months increased 32 percent to 3.52 billion euros from 2.67 billion euros in the prior-year period. The profit...

Austrian sensor manufacturer ams, which is offering to acquire German lighting manufacturer Osram Licht AG (OSAGF.PK), on Tuesday welcomed the positive recommendation for its offer by Osram. Earlier in the day, Osram recommended its shareholders to accept a 41 euros per share takeover offer from ams...

Soft drinks maker Britvic Plc (BVIC.L) said Tuesday that its board has entered into exclusive talks with Refresco over the potential sale of Britvic's three juice manufacturing sites in France, its related private label juice business, and the Fruité brand. Britvic added that the proposed sale is...

British drug major AstraZeneca (AZN.L, AZN) announced Tuesday positive Phase III TULIP 2 trial for anifrolumab, a potential new medicine for the treatment of moderate to severe systemic lupus erythematosus or SLE. The company noted that Anifrolumab demonstrated superiority across multiple efficacy...

Anglo American plc (AAUKY.PK, AAL.L) said Tuesday it is hosting an analyst and investor visit to Queensland, Australia this week to provide a detailed update on the company's Bulks businesses. The update will cover Anglo American's steelmaking ingredient businesses of Kumba Iron Ore, Minas-Rio, and...

German automotive supplier and tire manufacturer Continental AG (CTTAY.PK) reported Tuesday that its third-quarter net loss attributable to the shareholders was 1.99 billion euros, compared to last year's profit of 626 million euros. Loss per share were 9.93 euros, compared to profit of 3.13 euros...

AVEVA Group Plc (AVV.L) reported Tuesday that its profit before tax for the first half of fiscal 2020 was 24.0 million pounds, compared to loss before tax of 5.5 million pounds a year ago. Earnings per share were 11.13 pence, compared to loss per share of 3.61 pence a year ago. Adjusted profit before...

Aerospace, defence and energy company Meggitt PLC (MGGT.L) Tuesday reported that its third-quarter trading was stronger than expected with overall organic revenue growth of 11 percent. In its trading update, the company said the quarterly results were driven by all end market segments and a particularly...

Real estate investment trust Land Securities Group Plc. (LAND.L) reported that its loss before tax for the six-month period ended 30 September 2019 was 147 million pounds, compared to profit before tax of 42 million pounds in the same period in the prior year. The loss reflects a greater fall in the...

Vodafone Group Plc (VOD.L, VOD) reported Tuesday that its first-half loss was 1.89 billion euros, narrower than prior year's loss of 7.80 billion euros. Basic loss per share was 7.24 cents, compared to loss of 28.89 cents a year ago. The company said the loss for the financial period primarily...

ITV Plc (ITV.L) said Tuesday that total revenue for the nine months ended 30 September 2019 declined 1 percent from the year-ago period and said it is on track to deliver its full-year guidance. For the nine months ended 30 September 2019, ITV's total revenue declined 1 percent to 2.58 billion pounds...

Sandoz, a Novartis division, presented real-world data showing effectiveness of Erelzi in rheumatic disease treatment. Patients with rheumatoid arthritis (RA), active and progressive psoriatic arthritis (PsA) and ankylosing spondylitis (AS) were included in the COMPACT study, the company said. In...

Swiss drug major Novartis AG (NVS) announced detailed results from the Phase III PREVENT trial that evaluates the efficacy and safety of Cosentyx, or secukinumab, in patients with non-radiographic axial spondyloarthritis or nr-axSpA. According to Novartis, the ongoing trial met its primary endpoint...

Infineon Technologies AG (IFNNY), a German manufacturer of semiconductors and system solutions, reported Tuesday that its fourth-quarter net income grew 14 percent to 161 million euros from last year's 141 million euros. Earnings per share were 0.13 euro, same as last year. Adjusted earnings per share...

Manz AG (MANZF.PK) reported a net loss of 11.4 million euros in the first nine months of 2019 compared to a loss of 4.9 million euros, last year. Loss per share was 1.44 euros compared to a loss of 0.62 euros per share. EBITDA increased to 5.8 million euros from 3.7 million euros. Earnings before interest...

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