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Fiat Chrysler Automobiles NV or FCA on Friday urged a federal judge to dismiss General Motors Co's racketeering lawsuit, accusing Fiat Chrysler of bribing United Auto Workers officials to receive favorable terms in labor negotiations. In November, GM alleged that Fiat Chrysler corrupted the implementation...

American Express Co. (AXP) expects revenue growth to be in the range of 8 to 10 percent on an FX-adjusted basis and earnings of $8.85 - $9.25 per share for 2020. Analysts polled by Thomson Reuters expected the company to report earnings of $8.98 per share for fiscal year 2020. Analysts' estimates typically...

NextEra Energy, Inc. (NEE) said it continues to project adjusted earnings per share compound annual growth rate to be in a range of 6% to 8% through 2021, off the 2018 adjusted earnings per share of $7.70, plus accretion of $0.15 and $0.20 in 2020 and 2021, respectively, from the Florida acquisitions. For...

Cincinnati Bell Inc. (CBB) has received a non-binding proposal from an infrastructure fund to acquire all of the outstanding shares of common stock of Cincinnati Bell for $12.00 per share. Cincinnati Bell has commenced discussions with the Fund regarding the proposal. The Cincinnati Bell board reaffirmed...

Synovus Financial Corp. (SNV) reported fourth-quarter adjusted earnings per share of $0.94, up 3.1 percent year-over-year. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.97, for the quarter. Analysts' estimates typically exclude special items....

Polish carrier Polskie Linie Lotnicze LOT S.A. or LOT reportedly agreed to buy German airline Condor Flugdienst GmbH. The Frankfurt based Condor was a subsidiary of Thomas Cook Group. The companies have not confirmed the deal. Condor is expected to hold a news conference. Condor has been...

WEX (WEX), a financial technology service provider, has agreed to acquire eNett and Optal for total consideration of approximately $1.275 billion in cash and approximately 2 million shares of common stock paid to the sellers. The WEX stock issued in connection with the deal is valued at approximately...

Air Products (APD) has maintained its fiscal 2020 adjusted earnings per share guidance of $9.35 to $9.60 per share, up 14 to 17 percent over prior year. The company continues to project fiscal 2020 capital expenditures of approximately $4 billion to $4.5 billion. For the second quarter, the company...

UK food delivery company Just Eat plc (JE.L) on Friday issued a statement regarding the Competition and Markets Authority or CMA's announcement that it is investigating the combination of Takeaway.com N.V. and Just Eat. The merger would result in the formation of Just Eat Takeaway.com Co. CMA intends...

Chinese online media and gaming business Sohu.com Limited (SOHU) said it entered into a definitive agreement to acquire all shares of majority-owned unit Changyou.com (CYOU) that it does not already own in an all-cash transaction. The implying equity value of Changyou shares in the deal is about $579.0...

Medical technology business Smith+Nephew Plc (SN.L, SNN) Friday announced that it has acquired Tusker Medical, Inc., a California-based developer of the Tula System. The commercial terms have not been disclosed. Tula System is an in-office solution for tympanostomy tubes, commonly known as ear tubes....

Rémy Cointreau (RCO.PA) reported sales of 814.0 million euros for the first nine months of fiscal year, down 4.1 percent from prior year. While sales of Group Brands grew 1.6 percent over the period, Partner Brands declined by 67.5 percent, due to the Group's voluntary withdrawal from a few distribution...

CTS Eventim, a provider of ticketing and live entertainment, said that it agreed to buy a 60% of the shares in Zurich-based Gadget Entertainment AG. CTS EVENTIM will also buy a 60% stake in the St. Gallen-based wepromote Entertainment Group Switzerland AG. On completion of the transaction, the business...

Ericsson (ERIC) reported that its net income attributable to stockholders of the parent company for the fourth-quarter was 4.43 billion Swedish kronor or 1.33 kronor per share compared to a net loss of 6.55 billion kronor or 1.99 kronor per share in the prior year. Taxes for the latest-quarter were...

Givaudan (GVDBF.PK), a Swiss manufacturer of fragrance and flavor products, reported Friday that its fiscal 2019 net income grew 6 percent to 702 million Swiss francs from 663 million francs in 2018. Basic earnings per share were 76.17 francs, higher than last year's 71.92 francs. The EBITDA increased...

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