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Cellcom Israel Ltd. (CEL) said Sunday that its Chairman Ami Erel would resign from the company, effective on March 1, 2020. Ami Erel has served as Chairman of Board of Directors since 2005. Erel also served as President and Chief Executive Officer of Discount Investment Corporation Ltd. from 2001...

Intuit Inc. (INTU) nears a deal to buy personal-finance portal Credit Karma Inc. for about $7 billion in cash and stock, the Wall Street Journal reported, citing people familiar with the matter. The maker of TurboTax could announce a deal to buy privately held Credit Karma by Monday, assuming talks...

AT&T Mobility has reached a tentative agreement with Communications Workers of America District 6 in Mobility Southwest contract negotiations. The four-year agreement, which will be submitted to the union's membership for a ratification vote in coming days, covers over 7,300 AT&T Mobility employees...

The Securities and Exchange Commission has launched an investigation into Altria Group, Inc's. (MO) investment in e-cigarette maker Juul Labs, the Wall Street Journal reported on Friday, citing people familiar with the matter. The SEC reportedly is investigating whether Altria adequately disclosed...

Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported fourth quarter net earnings attributable to shareholders of $29.16 billion versus a loss of $25.39 billion reported last year. Net earnings attributable to Berkshire shareholders per equivalent Class A common share were $17,909,...

The FDA has approved Esperion Therapeutics Inc's (ESPR) NEXLETOL (bempedoic acid) tablet, an oral, once-daily, non-statin LDL cholesterol (LDL-C)-lowering medicine. The company stated that the NEXLETOL is for the treatment of adults with heterozygous familial hypercholesterolemia (HeFH) or established...

eBay Inc. (EBAY) announced Friday that it continues to be in talks with multiple parties regarding a potential transaction for its eBay's Classifieds Group. The company expects to provide an update regarding the process by the middle of the year. eBay said that it remains committed to maximizing the...

Samsung Electronics Co. (SMSN.L, SSNNF.OB, SSNLF.OB) will shut down operations at its mobile device factory complex in the southeastern city of Gumi, South Korea, after an employee was confirmed to be infected with the coronavirus. The suspension will last until Monday morning (February 25) to prevent...

Wells Fargo & Co (WFC.N) has agreed to pay $3 billion to settle criminal and civil probes into fraudulent sales practices involving the opening of millions of accounts without customer authorization, the U.S. Attorney's Office said Friday. Wells Fargo's $3 billion payment includes a $500 million civil...

Manchester United (MANU) has reached a global partnership with Mondelez International (MDLZ). As part of the agreement, the two organisations will create dual-branded products as well as interactive and engaging campaigns for our global fan base, the companies said. The partnership will commence...

Pinnacle West Capital Corp. (PNW) reaffirmed its 2020 estimated consolidated earnings to be within a range of $4.75 to $4.95 per share. The company expects to achieve a weather-normalized, consolidated earned return on average common equity of more than 9.5 percent. Fourth-quarter net income attributable...

Harsco Corp. (HSC) said, for fiscal 2020, the company projects adjusted earnings per share in a range of $0.84 - $1.12. Adjusted EBITDA is anticipated to be between $280 million and $310 million. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.15. Analysts' estimates...

W. P. Carey Inc. (WPC) announced fiscal 2020 AFFO guidance range of $4.86 to $5.01 per share, including Real Estate AFFO of between $4.74 and $4.89 per share. Fourth-quarter AFFO per share was $1.28, down 3.8% from $1.33, a year ago. Real Estate AFFO per share was $1.21 compared to $1.12, last year....

Hasbro Inc. (HAS) and Walt Disney Co. (DIS) agreed to renew Hasbro's rights under strategic merchandising relationship for major Disney entertainment properties Marvel and Star Wars. The agreements are multi-year agreements. Hasbro said that the agreements cover entertainment released during their...

Cheetah Mobile Inc. (CMCM), a mobile internet company with global market coverage, said Friday that Google has disabled the company's accounts in Google Play Store, Google AdMob and Google AdManager, because some of the company's apps had not been compliant with Google policies. So, Google will terminate...

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