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Anglo-Australian mining giant Rio Tinto (RTNTF, RIO, RIO.L, RTPPF) announced Tuesday that its Chairman Simon Thompson will step down from the role at the 2022 annual general meetings of Rio Tinto plc and Rio Tinto Limited. Thompson has informed the Board that he will not seek re-election as a nonexecutive...

Shares of Maravai LifeSciences Holdings Inc. (MRVI), Tuesday reported fourth-quarter net income of $25.2 million or $0.13 per share, compared to net loss of $5.4 million or $0.03 per share last year. Revenue for the fourth quarter surged 173.5% to $98.4 million from $36.0 million last year. Analysts...

Hovnanian Enterprises Inc. (HOV) reported that its net income for the first-quarter was $19.0 million or $2.75 per share, compared to a net loss of $9.1 million, or $1.49 per share in the first quarter of the previous fiscal year. Total revenues increased 16.3% to $574.7 million from $494.1 million...

Twitter Inc. (TWTR) said that it has priced $1.25 billion of aggregate principal amount of 0% convertible senior notes due 2026 in a private placement to qualified institutional buyer. Twitter also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $187.5 million...

The Toro Company (TTC) has acquired Left Hand Robotics, Inc. Terms of the deal were not disclosed. Based in Longmont, Colorado, Left Hand Robotics is known for developing autonomous solutions for turf and snow management. The Toro Company believes the acquisition supports its strategy of leadership...

Kopin Corporation (KOPN) reported net income for the fourth quarter of $1.3 million, or $0.02 per share, compared with net loss of $7.3 million, or $0.09 per share in the same quarter a year ago. Analysts polled by Thomson Reuters expected the company to report loss of $0.01 per share for the quarter....

Neurocrine Biosciences (NBIX) said the investigational drug luvadaxistat did not meet primary endpoint in the phase II INTERACT study in adults with negative symptoms of schizophrenia. Luvadaxistat met secondary endpoints of cognitive assessment. Takeda Pharmaceutical Company granted an exclusive...

Yum! Brands, Inc. (YUM), the owner of KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands, announced Tuesday that it has entered into a definitive agreement to acquire the artificial intelligence-based consumer insights and marketing performance analytics business of Kvantum, Inc. Founded...

Abercrombie & Fitch Co. (ANF) reported fourth quarter adjusted income per share of $1.50 compared to $1.31, prior year. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $1.22, for the quarter. Analysts' estimates typically exclude special items. Fourth...

Cheese maker Sargento Foods, in partnership with snacks company Mondelez International has launched Sargento Balanced Breaks Cheese & Crackers Snacks. The new products are a combination of eight Sargento natural cheese varieties with an assortment of Mondelez's snacks, RITZ, TRISCUIT and WHEAT THINS...

Canadian cannabis company Canopy Growth Corp. (CGC, WEED.TO) announced Tuesday the launch of its Cannabidiol (CBD) beverage brand Quatreau in the high-potential U.S. market. Quatreau will be sold on Canopy's one-stop U.S. e-commerce destination, www.shopcanopy.com. Quatreau is a premium ready-to-drink...

WestRock Company (WRK) announced that Steven Voorhees has decided to step down as president and chief executive officer and a director for health reasons, effective March 15, 2021. The Board has elected David Sewell to succeed Voorhees as WestRock's president and chief executive officer. Sewell has...

Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the second quarter increased to $345.95 million or $14.93 per share from $299.28 million or $12.39 per share in the year-ago quarter. Net sales for the quarter grew 15.8 percent to $2.91 billion from $2.51...

Global Cord Blood Corp. (CO) said that it has received a non-binding proposal letter from Alternate Ocean Investment Company Limited, a wholly-owned subsidiary of Haitong International Securities Group Limited, by which Alternate Ocean proposes to acquire all of the outstanding ordinary shares of the...

Chico's FAS, Inc. (CHS) reported a fourth quarter net loss of $0.68 per share, compared to a loss of $0.04 per share, prior year. The company noted that its fourth quarter net loss included $0.32 per share, in significant after-tax non-cash charges. Analysts polled by Thomson Reuters expected the company...

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