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Asklepios Kliniken and RHÖN-KLINIKUM founder, Eugen Münch, have reached an agreement on joint venture and takeover offer for RHÖN-KLINIKUM AG. The shares in RHÖN held by Münch and Asklepios will be pooled in a joint venture company. Münch will contribute approximately 7.6% of RHÖN shares directly to...

Wayfair Inc. (W) reported that its fourth-quarter net loss widened to $330.22 million or $3.54 per share from $143.85 million or $1.59 per share in the prior year. In Friday pre-market trade, W is trading at $57.65, down $12.40 or 17.70 percent. Non-GAAP net loss per share was $2.80, compared to...

Coal producer Arch Coal, Inc. (ARCH) announced Friday that John Eaves will retire as chief executive officer, after serving at the position since 2012, at the corporation's annual meeting on April 30, 2020, and will assume the position of executive board chair. He joined the corporation in 1987 and has...

PDL BioPharma, Inc. (PDLI) said Alan Bazaar will join the company's Board as a Class III director serving until 2022 Annual Meeting of Stockholders. The appointment of new independent director is under a cooperation agreement with Engine Capital Management LP, which owns approximately 5.5% of the company's...

Deutsche Post DHL Group (DPSGY.PK) reported that preliminary operating profit or EBIT for fiscal year 2019 improved significantly by 30.6% compared with the previous year in which earnings were impacted by one-time effects. Group EBIT was 4.13 billion euros, which is well within the range of 4.0 billion...

The E.W. Scripps Company (SSP) reported fourth-quarter income from continuing operations attributable to company of $10.7 million or $0.13 per share. Pre-tax costs for the current quarter included acquisition and related integration costs that decreased income by $2.5 million, net of taxes, or 3 cents...

While reporting financial results for the fourth quarter and full-year 2019 on Friday, Gibraltar Industries, Inc. (ROCK) initiated its earnings and revenue guidance for the first quarter and the full-year 2020. The company now projects fiscal 2020 earnings in a range of $2.58 to $2.75 per share and...

Novartis (NVS) said its shareholders agreed to the Board recommendations for all proposed resolutions, including dividend increase, at the AGM. Shareholders re-elected Joerg Reinhardt as Chairman of the Board, and all members of the Board who stood for re-election. Ms. Bridgette Heller and Simon Moroney...

While reporting financial results for the fourth quarter on Friday, aluminum wheel supplier Superior Industries International, Inc. (SUP) initiated its net sales and unit shipments guidance for the full-year 2020. For fiscal 2020, the company now projects net sales in the range of $1.33 billion to...

Cincinnati Bell Inc. (CBB) announced Friday that it has amended its definitive merger agreement with Brookfield Infrastructure (BIP, BIP_U.TO) and its institutional partners to increase the consideration payable to holders of outstanding shares of Cincinnati Bell common stock to $12.50 per share in cash...

Foot Locker, Inc. (FL) reported fourth-quarter non-GAAP earnings per share of $1.63, a 4 percent increase over $1.56, a year ago. On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $1.58, for the quarter. Analysts' estimates typically exclude special...

Digital Realty (DLR) said that its shareholders approved all proposals related to pending combination with InterXion (INXN), a provider of carrier- and cloud-neutral colocation data center services in Europe. Earlier this morning, Digital Realty and InterXion received approval for the transactions...

Takeda Pharmaceutical Company Limited (TAK) announced that CHMP, the Committee of the European Medicines Agency, has recommended the approval of a subcutaneous formulation of the gut-selective biologic vedolizumab for use as maintenance therapy in adults with moderately to severely active ulcerative...

While reporting its financial results for the fourth quarter on Friday, SNC-Lavalin Group Inc. (SNCAF.PK, SNC.TO) projected that for fiscal 2020 the gross revenue from SNCL Engineering Services, excluding Capital, will grow by a low single digit percentage, and that segment EBITDA as a percentage of...

While reporting financial results for the fourth quarter on Friday, energy holding company PNM Resources (PNM) affirmed its consolidated ongoing earnings guidance for the full-year 2020. For fiscal 2020, the company continues to project consolidated ongoing earnings in a range of $2.16 to $2.26 per...

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