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Walmart Inc (WMT) announced that it would stop selling e-cigarettes at its stores in the United States, citing regulatory uncertainty around the vaping products. "Given the growing federal, state and local regulatory complexity and uncertainty regarding e-cigarettes, we plan to discontinue the sale...

Thomas Cook Group Plc. (TCKGY.PK, TCG.L) has approached the UK government for a bailout in a last-ditch attempt to save itself from collapse after its lenders threatened to pull out of a proposed rescue deal, according to media reports. British tour operator was locked in talks with multiple potential...

CME Group (CME) said that it will launch options on its Bitcoin futures contracts in the first-quarter of 2020, pending regulatory review. CME believes the launch of options will provide its clients with additional flexibility to trade and hedge their bitcoin price risk. According to the company,...

Astellas Pharma Inc. said that the Committee for Medicinal Products for Human Use or CHMP of the European Medicines Agency or EMA has adopted a positive opinion recommending the oral once-daily therapy XOSPATA or gilteritinib as a monotherapy for the treatment of adult patients who have relapsed or refractory...

Amazon (AMZN) said that nominations for the Amazon Small Business Awards are now open. Nominations close at 11:59pm PDT on Sunday, October 6. The company noted that the awards will recognize the Small Business of the Year, Woman-Owned Small Business of the Year, and Small Business Owner under 30 of...

Eli Lilly and Co. (LLY) said that the European Medicines Agency's Committee for Medicinal Products for Human Use or CHMP issued a positive opinion recommending an update to the Trulicity or dulaglutide label and indication statement. The committee agreed the label should include results from the REWIND...

Regeneron Pharmaceuticals Inc. (REGN) and Sanofi said that the European Medicines Agency's Committee for Medicinal Products for Human Use or CHMP recommended Dupixent be approved as an add-on therapy with intranasal corticosteroids for the treatment of adults with severe chronic rhinosinusitis with nasal...

Merck (MRK), known as MSD outside the U.S. and Canada, announced Friday that the U.S. Food and Drug Administration (FDA) approved supplemental New Drug Applications (sNDAs) for PIFELTRO (in combination with other antiretroviral agents) and DELSTRIGO (as a complete regimen) that expand their indications...

McDermott International Inc. (MDR) said that it is exploring strategic alternatives for Lummus Technology, while maintaining the strategic rationale of engineering, procurement and construction. In the pre-market trade, MDR is trading at $2.30, up $0.73 or 46.50 percent. McDermott has retained...

Astellas Pharma Inc. (ALPMY, ALPMY) and FibroGen, Inc. (FGEN) reported the approval of Evrenzo (generic name: roxadustat) in Japan for the treatment of anemia associated with chronic kidney disease in dialysis patients. This is the first approval for roxadustat through the Astellas and FibroGen association. Roxadustat...

Royal Bank of Scotland Group plc (RBS, RBS.L) announced Friday the appointment of Alison Rose as Executive Director and Chief Executive Officer, effective November 1. Rose, currently Deputy CEO NatWest Holdings and CEO Commercial and Private Banking, succeeds Ross McEwan, who will formally step down...

Rolls Royce Holdings plc (RYCEF.PK, RR.L, RYCEY.PK) on Friday issued an update on the rate of recovery in Trent 1000 Aircraft On Ground or AOG. The company said it now expects the return to single-digit level of AOGs on the Trent 1000 to be delayed until second quarter of 2020. In early August,...

Roche (RHHBY) has received FDA approval for the cobas Babesia test for use on the cobas 6800/8800 Systems for individual blood donation testing. Cobas Babesia detects parasites that live in red blood cells. Roche said the whole blood test to screen donations follows May 2019 FDA-updated industry guidance...

German luxury carmaker BMW AG (BMW.L, BAMXF.PK, BAMXY.PK) plans to cut as many as 6,000 jobs in Germany by 2022 as part of its cost-savings effort, a German magazine reported on Thursday. The carmaker will eliminate most of the jobs at its headquarters in Munich under the plan that could be unveiled...

Centene Corp. (CNC) and WellCare Health Plans Inc. (WCG) said that insurance departments of 17 states have approved Centene's pending acquisition of WellCare. They received approval from the states of Alabama, Arkansas, Florida, Kansas, Kentucky, Maine, Michigan, Mississippi, Missouri, Nebraska, New...

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