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German software major SAP SE's (SAP) Chief Executive Officer Christian Klein said, at annual general meeting, that the company is well on its way to achieving its 2025 ambition. The company has proposed a dividend today of 2.45 euros per share. That's an increase of around 32 percent. And it includes...

Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said it has agreed to amend funding plan with Turquoise Hill Resources (TRQ, TRQ.TO) in order to provide liquidity of up to $400 million in short-term early advances. The Special Committee of TRQ evaluates Rio Tinto's C$34 per share all-cash proposal to acquire...

Canopy Growth Corp. (WEED.TO, CGC) and Lemurian, Inc. or Jetty, have entered into agreements providing Canopy Growth, by way of a wholly-owned subsidiary, the right to acquire up to 100% of the outstanding capital stock of Jetty, a cannabis brand in California. The agreements are structured as two...

Dentsply Sirona (XRAY) has received written notification from Nasdaq that the company is no longer in compliance with the Nasdaq Listing Rules since the company has not yet filed its quarterly report on Form 10-Q for the period ended March 31, 2022. The company noted that this notice has no immediate...

Medical technologies firm Teleflex Inc. (TFX) announced Wednesday that it received Health Canada approval for the MANTA Vascular Closure Device, the first commercially available biomechanical vascular closure device designed specifically for large bore femoral arterial access site closure. This approval...

Alnylam Pharmaceuticals, Inc. (ALNY) announced Wednesday that Health Canada has issued a Notice of Compliance (NOC) authorizing OXLUMO (lumasiran) injection for subcutaneous use for the treatment of primary hyperoxaluria type 1 (PH1) to lower urinary oxalate levels in paediatric and adult patients. OXLUMO...

Plant-based superfood maker Laird Superfood, Inc. (LSF) announced Wednesday the appointment of Anya Hamill as interim Chief Financial Officer effective July 1, 2022. Hamill will succeed Valerie Ells, who announced her intention to resign, effective June 30, 2022, to pursue other opportunities. Hamill...

Surf Air Mobility Inc. announced Wednesday its plan to go public via a business combination with Tuscan Holdings Corp. II (THAC), a publicly listed special purpose acquisition company. The proposed transaction reflects an implied pro forma equity value of $1.42 billion, assuming full payment of earnout. The...

Cresco Labs Inc. posted first quarter adjusted EBITDA of $51 million, an increase of 45% year-over-year. Net loss narrowed to $23.68 million from a loss of $24.12 million, prior year. First quarter revenue was $214 million, up 20%. Retail revenue increased 44% year-over-year, to $119 million, and...

Investment firm KKR & Co. Inc. (KKR) Wednesday said it has made a significant majority investment in Alchemer, a provider of Customer Experience or CX and voice-of-the-customer or VoC technology. The financial terms were not disclosed. The investment is expected to support the continued acceleration...

While reporting financial results for the second quarter on Wednesday, semiconductor company Analog Devices Inc. (ADI) provided earnings and revenue guidance for the third quarter, above analysts' expectations. For the third quarter, the company projects earnings in a range of $1.45 to $1.65 per share...

Life sciences company Labcorp (LH) announced Wednesday the receipt of Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) for a combined at-home collection kit available that simultaneously detects COVID-19, influenza A/B and respiratory syncytial virus (RSV), a common...

Germany's Siemens Energy AG (SMEGF.PK SMNEY.PK) confirmed Wednesday that it is considering a cash tender offer for the remaining stake in Spanish-German wind turbine maker Siemens Gamesa Renewable Energy SA (GCTAF.PK). Shares of Siemens Gamesa were gaining around 14 percent in Spain, and Siemens Energy...

While reporting financial results for the fourth quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) initiated its adjusted earnings and revenue guidance for the first quarter and for the full-year 2023. Dynatrace also announced that Chief Financial Officer Kevin Burns will be...

Triumph Group, Inc. (TGI) reported adjusted operating income of $43.0 million with adjusted operating margin of 11%, for its fourth quarter ended March 31, 2022. Excluding divestitures and sunsetting programs, sales were down 2% organically from the prior year period due to declines in commercial widebody...

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