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Coty Inc. (COTY) and Kylie Jenner Monday announced a long-term strategic partnership to build and further develop Kylie's existing beauty business. As per the agreement, Coty will acquire a 51 percent ownership in the partnership for $600 million. The transaction is expected to be accretive to the...

T-Mobile US, Inc. (TMUS) announced Monday that its Board of Directors has named Mike Sievert to succeed John Legere as Chief Executive Officer, effective May 1, 2020. Sievert is currently serving as president, chief operating officer and a Board Director. Sievert's new title will be President and CEO. Legere...

Turning Point Brands, Inc. (TPB), a Kentucky-based marketer of Other Tobacco Products or OTP and adult consumer alternatives, said Monday that its parent Standard Diversified Inc. (SDI) has informed of its plans to pursue a corporate reorganization with TPB. SDI has indicated that the reorganization...

Airbus (EADSF.PK, EADSY.PK) announced the company and Emirates Airline have signed a purchase agreement for 50 A350-900s, powered by Rolls-Royce Trent XWB engines. The order was signed at Dubai Airshow 2019. The A350 XWB offers efficiency of up to ultra-long haul (17,900km). The aircraft features...

Biopharmaceutical company Alkermes plc (ALKS) and Rodin Therapeutics, Inc. announced that Alkermes will acquire privately-held biopharmaceutical company Rodin, which is focused on developing novel, small molecule therapeutics for synaptopathies. This transaction builds on Alkermes' experience and...

Tyson Fresh Meats, the beef and pork division of Tyson Foods, Inc. (TSN), said the reconstruction of the Kansas beef complex is near completion. The company said efforts to resume harvest operations will begin the first week of December, with intentions to be fully operational by the first week of January....

The Este Lauder Companies Inc. (EL) said it has agreed to acquire the shares that it does not already beneficially own in Have & Be Co. Ltd., the Seoul-based skin care company behind 'Dr. Jart+' and men's grooming brand 'Do The Right Thing'. This is the company's first acquisition of an Asia-based beauty...

United Bankshares, Inc. (UBSI), the parent company of United Bank, and Carolina Financial Corp. (CARO), the parent company of CresCom Bank, announced that they have entered into a definitive merger agreement. The combined organization, with more than 200 locations, will be about $25 billion in assets...

Pfizer Inc. (PFE) announced the FDA has approved ABRILADA as a biosimilar to Humira for the treatment of certain patients with rheumatoid arthritis, juvenile idiopathic arthritis, psoriatic arthritis, ankylosing spondylitis, adult Crohn's disease, ulcerative colitis and plaque psoriasis. ABRILADA...

Boeing (BA) announced that SunExpress is exercising options for 10 additional Boeing 737 MAX 8 airplanes. The purchase is valued at $1.2 billion according to list prices. The 737 MAX 8 is part of a family of airplanes that offer 130 to 230 seats and the ability to fly up to 3,850 nautical miles. SunExpress,...

Professional services provider Jacobs Engineering Group, Inc. (JEC) on Monday announced the expansion of leadership roles for Bob Pragada and Kevin Berryman, effective December 1, 2019. Pragada will be appointed President and Chief Operating Officer (COO) of Jacobs and will oversee all global operations....

Karuna Therapeutics, Inc. (KRTX) reported results from its Phase 2 clinical trial of KarXT for the treatment of acute psychosis in patients with schizophrenia. The company said KarXT showed a statistically significant and clinically meaningful 11.6 point mean reduction in total Positive and Negative...

Fraport AG (FRA.DE, 0O1R.L, FPRUF.PK), the owner and operator of Germany's Frankfurt Airport or FRA, announced approval from the Hessian Minstry of Economics and Transport for the airport charges submitted by Fraport for Frankfurt Airport. Fraport submitted the charge application at the beginning...

Salzgitter Flachstahl GmbH (SZGPF.PK, SZGPY.PK) announced it has awarded the contract to build a PEM electrolysis plant to Siemens Gas and Power. The plant is due to commence operation in the fourth quarter of 2020 and cover the company's current demand for hydrogen. The cost of the project amounts to...

Puxin Limited (NEW) reported that, during the third quarter, excluding financial impact from online school and headquarter, net revenues increased by 86.4 percent year-over-year and the operating profit increased by 667.1 percent. Student enrollments increased by 60.2 percent to 871,896 from 544,253,...

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