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British drug major AstraZeneca (AZN, AZN.L) announced Monday that its Imfinzi (durvalumab) and tremelimumab, an anti-CTLA4 antibody and potential new medicine, have both been granted Orphan Drug Designation or ODD in the US. The approval is for the treatment of hepatocellular carcinoma or HCC, the most...

BAE Systems plc (BA.L) has agreed to acquire Collins Aerospace's Military Global Positioning System business, or GPS business, for $1.925 billion. The GPS business, based in Cedar Rapids, Iowa, is a provider of mission critical military GPS receiver solutions. It is developing the next generation M-Code...

Sanofi (SNYNF, SNY) said the waiting period under the HSR Act with respect to the company's proposed acquisition of Synthorx, Inc. (THOR) has expired. The tender offer for Synthorx shares is scheduled to expire on January 22, 2020. The company noted that the consummation of the offer remains subject...

Samsung Electronics has launched its AirDresser in markets around the world, including the U.K. and Russia. The new Appliance refreshes and sanitizes clothes without washing. AirDresser removes odors and wrinkles, offering cost-effective, time-saving home laundry solution, the company said in a statement. AirDresser...

J.B. Hunt Transport Services, Inc. (JBHT) reported that its fourth quarter net earnings increased to $144.7 million or $1.35 per share from $88.7 million or $0.81 per share in the previous year. The prior year results included pretax charges of $134.0 million for contingent liabilities related to the...

Kansas City Southern (KSU) reported fourth-quarter adjusted earnings per share of $1.82 compared to $1.56, a year ago. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.84, for the quarter. Analysts' estimates typically exclude special items. Fourth-quarter...

Equifax (EFX) said that it agreed to increase its ownership of Equifax Credit Information Services Private Ltd. or ECIS to 100%. ECIS is an Indian credit information company. Since 2010, ECIS has operated as a joint venture between Equifax and leading Indian financial institutions, including State...

Wabash National Corp. (WNC) said that it has appointed Mike Pettit as Senior Vice President and Chief Financial Officer. Before, Pettit served as Senior Vice President and Group President, Final Mile Products since January 1, 2018, following Wabash National's acquisition of Supreme Industries in late...

Hull & Company, LLC, a Brown & Brown, Inc. (BRO) unit, has acquired substantially all of the assets of Texas All Risk, a managing general agent for independent retail insurance agencies placing a wide range of property and casualty insurance for businesses and individuals in Texas, Louisiana, and Oklahoma. Following...

Fastenal Co. (FAST) on Friday reported a 5.9 percent increase in net earnings for the fourth quarter to $178.7 million from $168.8 million in the year-ago period. Earnings per share increased 5.4 percent to $0.31 from $0.29 last year. The company noted that adjusting for the discrete tax item that...

Expeditors International of Washington, Inc. (EXPD) said its preliminary fourth quarter operating income is expected to be in a range of $177 million to $183 million. Earnings per share to shareholders is projected to range between $0.78 and $0.81. Analysts polled by Thomson Reuters expect the company...

First Horizon National Corp. (FHN) reported fourth-quarter adjusted earnings per share of $0.47. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.42, for the quarter. Analysts' estimates typically exclude special items. GAAP net income available...

Regions Financial Corp. (RF) on Friday reported fourth-quarter net income available to common shareholders of $366 million or $0.38 per share, compared to $390 million or $0.37 per share in the year-ago period. Total revenue for the quarter rose 3 percent to $1.48 billion from $1.44 billion in the...

Mitsui & Co., Ltd. (MITSF.PK, MITSY.PK) has agreed on the sale of its entire economic interest in the Astoria I power generation project in New York City. The project is an independent power business that operates a gas-fired combined cycle power station that supplies power on a merchant basis to New...

Groupe Renault (RNSDY.PK, RNSDF.PK, RNT.L) announced, in 2019, it sold 3,753,723 vehicles worldwide, down 3.4 percent from previous year. Excluding Iran, vehicle sales declined 0.8 percent. For 2019, PC sales were 3,129,434 vehicles, down ­4.1 percent from last year. In Europe, sales rose 1.3 percent,...

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