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Saputo Cheese USA Inc. is voluntarily recalling certain cheese products in the United States due to potential contamination of Listeria Monocytogenes. Listeria monocytogenes is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others...

UnitedHealthcare said that 95% of all individual Medicare Advantage members will see improved benefits in 2023. The simplified comprehensive dental benefit offers broader coverage and lower costs. The company said that in 2023, it will expand its service area to reach 95% of Medicare consumers nationwide...

The International Association of Machinists and Aerospace Workers has informed Deere & Co. (DE) that its production and maintenance employees have ratified a new four-year collective bargaining agreement that covers 900 workers at the John Deere Horicon Works in Horicon, WI. Negotiations between...

Carnival Corporation & plc (CCL) reported Friday that net loss for the third quarter sharply narrowed to $770 million or $0.65 per share from $2.84 billion or $2.50 per share in the prior-year quarter. Excluding items, adjusted net loss for the quarter were $688 million, compared to $1.99 billion...

Altria Group, Inc. (MO) said the company exercised its option to be released from its JUUL non-competition obligations, resulting in: the permanent termination of the company's non-competition obligations to JUUL; the loss of its JUUL board designation rights; preemptive rights, consent rights and certain...

Civista Bancshares, Inc. (CIVB) Friday announced a definitive agreement pursuant to acquiring Pittsburgh-based Vision Financial Group, Inc. The transaction in cash and shares of Civista common stock is expected to close on October 3. The acquisition of full-service general equipment leasing & financing...

American Electric Power (AEP) has signed an amended agreement on the sale of its Kentucky operations to Liberty. The company expects to close on the sale in January 2023 following approval of the transaction from the FERC, which is due by Dec. 16. "The updated timeline for closing the sale will not...

Ballard Power Systems (BLDP) said the company plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. As part of this strategy called 'local for local', the company has entered into an investment agreement with the...

Intercept Pharmaceuticals, Inc. (ICPT) announced that REVERSE, a phase 3 study evaluating the safety and efficacy of Obeticholic Acid in patients with compensated cirrhosis due to nonalcoholic steatohepatitis or NASH, did not meet its primary endpoint. REVERSE is one of the company's two phase 3 studies...

Sports and entertainment company Endeavor Group Holdings, Inc. (EDR) announced Friday the closure of its acquisition of OpenBet, a leading content, platform and service provider to the sports betting industry, from Light & Wonder, Inc. (LNW) for approximately $800 million paid through a combination of...

DuPont de Nemours, Inc. (DD) and Rogers Corp. (ROG) on Friday provided an update on regulatory approval of the pending merger of Rogers and Cardinalis Merger Sub, Inc., a wholly owned subsidiary of DuPont, which was previously expected to close in the third quarter of 2022. The companies said they...

Biogen Inc. (BIIB) announced the European Medicines Agency has accepted the Marketing Authorization Application for BIIB800, a biosimilar candidate referencing RoACTEMRA (tocilizumab), an anti-interleukin-6 receptor monoclonal antibody. Ian Henshaw, Head of Global Biosimilars at Biogen, said: "If...

Zealand Pharma A/S (ZEAL) reported positive topline results from the phase 3 trial of glepaglutide, a long-acting GLP-2 analogue designed for once or twice weekly subcutaneous delivery via auto-injector, in patients with short bowel syndrome. Glepaglutide treatment met the primary endpoint with twice...

GigaCloud Technology Inc (GCT) reported that its second quarter net income declined to $6.1 million from $13.6 million, prior year. Earnings per share was $0.15, compared to $0.43. Total revenues were $124.0 million, an increase of 11.0% from $111.8 million, a year ago. The company said the increase...

X Financial (XYF) said its board of directors has authorized to upsize its share repurchase program to $20 million from $15 million. The Share Repurchase Program will be effective through September 2023. X Financial is a online personal finance company in China. It connects borrowers on its platform...

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