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Amazon.com Inc. (AMZN) on Wednesday announced the introduction of all-new Kindle with a built-in adjustable front light for under $120. The company noted that a user can adjust the display brightness to read comfortably in even more places - whether indoors at night or outside in the sun. The all-new...

Schnitzer Steel Industries, Inc. (SCHN) announced the company expects second quarter earnings per share from continuing operations to be in the range of $0.42 - $0.46 and adjusted earnings per share to be in the range of $0.44 - $0.48. For the second quarter of prior year, reported and adjusted earnings...

Merck announced that the company management and the Joint Works Council have signed a comprehensive agreement applicable to the Darmstadt site. The aim is to secure the future viability of company headquarters as a central science and technology hub and to further expand it. For the purpose, Merck will...

The E.W. Scripps Co. (SSP) is acquiring eight television stations in seven markets from the Nexstar Media Group, Inc. (NXST) for $580 million as part of the planned divestiture of a total of nineteen stations in fifteen markets by Nexstar Media related to agreed merger deal between Nexstar and Tribune...

Pareteum Corp. (TEUM) announced a new sales transaction with Citrix Systems Inc. (CTXS). The agreement will see Citrix migrate employees to a cloud-based deployment of Pareteum's iPass SmartConnect solution, which has been fully integrated with Citrix's existing single sign-on solution to provide...

Peak Rock Capital reported that an affiliate of Peak Rock, a middle-market private equity firm, has signed a definitive agreement to acquire the Turkey Hill Dairy business, manufacturer and distributor of ice cream, refrigerated drinks, and dairy products, from The Kroger Co. (KR). The parties expect...

Nexstar Media Group, Inc. (NXST) and Tribune Media Co. (TRCO) announced Wednesday that Nexstar has entered into definitive agreements to sell a total of nineteen stations in fifteen markets for an aggregate $1.32 billion in cash following the acquisition of Tribune Media by Nexstar. Under the terms...

General Mills (GIS) announced, for fiscal 2019, the company now expects constant-currency adjusted EPS to range between flat and up 1 percent from the base of $3.11 earned in fiscal 2018, which is ahead of the previous range of flat to down 3 percent. Constant-currency adjusted operating profit is expected...

Merck & Co Inc. (MRK), known as MSD outside the U.S. and Canada, and NGM Biopharmaceuticals, Inc. announced Wednesday that Merck has exercised its option to extend the research phase of the companies' broad, strategic collaboration for an additional two-year period from March 2020 to March 2022. The...

Radian Group Inc. (RDN) announced the addition of two new members to its Board of Directors and the future retirement of one director upon completion of his current term. Debra Hess, former CFO of NorthStar Asset Management Group and NorthStar Realty Finance Corp., and David Stevens, former president...

Toyota Motor Corp. and Suzuki Motor Corp. announced they intend to grow in new fields, such as joint collaboration in production and in the widespread popularization of electrified vehicles. The new collaborative businesses will include widely spread hybrid electric vehicle (HEV) technologies in India...

German auto giant BMW Group (BMW.L, BAMXF.PK, BAMXY.PK) reported Wednesday that its fiscal 2018 Group net profit amounted to 7.21 billion euros, down 16.9 percent from last year's 8.68 billion euros. In the previous year, net profit was exceptionally high due to valuation effects of around 1 billion...

Aeris Resources Limited confirmed that its Board is in discussions with Glencore regarding a potential acquisition of CSA mine. Aeris has made an offer to acquire the CSA mine from Glencore. The Group noted that late stage negotiations around the offer and associated documents are ongoing but are yet...

Construction, services and property group Kier Group Plc (KIE.L) reported Wednesday that its first -half loss before tax was 35.5 million pounds, compared to last year's profit of 34.3 million pounds. Basic loss per share was 28.9 pence, compared to profit of 28.7 pence a year ago. Underlying profit...

German reinsurer Munich Re (0KFE.L) announced Wednesday that it expects profits for 2019 and 2020 will continue to rise following the significant increase in profit last year. The company projects an increase of 200 million euros in fiscal 2019 profit to around 2.5 billion euros. The company expects...

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