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Oracle Corp. (ORCL) Monday said an appeals court rejected Rimini Street's attempt to avoid the District Court's injunction barring Rimini Street from engaging in conduct that infringes Oracle's intellectual property rights. The Appeals Court also affirmed the trial court's $28.5 million attorneys'...

Lowe's Companies, Inc. (LOW), a home improvement company, said it will sell more than 10,000 licensed NFL-branded merchandise items through the company's website. Under the partnership, the company will offer products across categories: Tailgating and homegating, Grills and grill accessories, Décor,...

Target Corp. (TGT) said its largest owned brand, Good & Gather featuring affordable food and beverage products, will be available in stores and online for same-day delivery beginning September 15, 2019. By the end of next year, the Good & Gather brand will include more than 2,000 products across food...

The Estée Lauder Companies Inc. (EL) said, adjusting for restructuring and other charges and adjustments, and excluding the impact of currency translation and the adoption of ASC 606, the company's fourth-quarter net sales increased 12% and earnings per share rose 15% from a year ago. For the fourth-quarter,...

Polymer materials company PolyOne Corp. (POL) agreed Monday to sell its Performance Products and Solutions (PP&S) business to SK Capital Partners for $775 million in cash. PolyOne expects to record a pre-tax gain of approximately $600 million at the time the sale is completed. With sales of approximately...

Precision Drilling Corp. (PD.TO, PDS) lowered its 2019 capital expenditure plan following the completion of Kuwait new build project. The company said it remains firmly committed to its deleveraging strategy and reaffirmed debt reduction target for 2019, and for long-term. Also, Precision Drilling Corp....

Chinese online media company SINA Corp. (SINA) announced Monday that net income attributable to SINA for the second quarter was $51.4 million or $0.73 per share, higher than $35.1 million or $0.47 per share in the prior-year quarter. Adjusted net income for the quarter was $0.76 per share, compared...

Weibo Corp. (WB), a leading social media in China, said it delivered strong user performance in the second quarter of 2019. Average daily active users were 211 million in June 2019, a net addition of approximately 21 million users year-over-year. Monthly active users were 486 million in June 2019, a...

Alcon (ALC) said it will release the PRECISION1 daily disposable, silicone hydrogel contact lenses in the U.S. PRECISION1 is the first contact lens with the company's SMARTSURFACE technology. It is designed to provide lasting visual performance for patients. The company expects initial U.S. launch of...

Australia's Westpac Banking Corp. (WBC.AX, WBK) reported Monday that its third-quarter common equity Tier 1 or CET1 capital ratio was 10.5 percent as of June 30, 2019, up from 10.4 percent last year. Sequentially, CET1 capital ratio was lower than 10.6 percent as of March 31, due to payment of the...

Novo Nordisk A/S (NVO) said a securities lawsuit has been filed against the company in Denmark. The lawsuit alleges that the company did not make appropriate disclosures regarding its sales of insulin products in the USA. The claim is for a total amount of 11.8 billion Danish kroner. Novo Nordisk...

Ariane Melanie Springer and Axel Sven Springer, the grandchildren of Axel Springer, have decided to support the tender offer by Traviata II for Axel Springer SE (AXELF.PK). They will accept the tender offer for shares representing approximately 3.7 percent of the share capital of Axel Springer SE. "My...

Deere & Co. (DE) reported that its net income for the third quarter ended July 28, 2019 declined to $899 million or $2.81 per share, from $910 million or $2.78 per share last year. Adjusted net income was $2.71 per share compared to $2.59 in the previous year. Analysts polled by Thomson Reuters expected...

freenet AG (FRAGF.PK) said it has decided to vote against the proposed capital increase of Sunrise. The proposed capital increase is in relation to the acquisition of UPC Switzerland. freenet said the current terms of the deal are unbalanced and unfavorable for all Sunrise shareholders. freenet believes...

Roche (RHHBY) announced the US FDA approval of Rozlytrek for the treatment of adults with ROS1-positive, metastatic non-small cell lung cancer. Also, the FDA has granted accelerated approval to Rozlytrek for the treatment of adult and paediatric patients 12 years of age and older with solid tumours that...

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