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UK-based generic pharmaceutical company Hikma Pharmaceuticals PLC (HIK.L, HKMPY) announced Tuesday a five-year agreement with Civica Rx. Civica is a non-profit, non-stock corporation formed to reduce chronic generic drug shortages in the US. Under the agreement, Hikma will produce 14 essential...

French railway company Getlink SE (GRPTY), formerly Groupe Eurotunnel SE, reported Tuesday that its first-half consolidated net profit increased 5 percent to 41 million euros from 39 million euros a year ago. Pre-tax profit grew 3 percent from last year to 37 million euros, while operating profit...

Anglo American plc (AAUKY.PK, AAL.L) reported Tuesday that Kumba Iron ore's headline earnings for the first half of 2019 increased by 239 percent from the year-ago period to 10.1 billion South African Rand. The company noted that higher average realized iron ore prices and a weaker Rand contributed...

PZ Cussons Plc. (PZC.L), an international consumer products group, reported Tuesday that its profit before taxation the year ended 31 May 2019 declined 37.5 percent to 37.0 million pounds from a restated 59.2 million pounds last year. The decline in profit was largely driven by the non-cash impairment...

Risk insurance and reinsurance provider Beazley Group Plc (BEZ.L) reported Tuesday that first-half profit before tax surged 189 percent to $166.4 million from $57.5 million last year. Earnings per share climbed to 26.4 cents from 9.1 cents a year ago. In terms of pence, earnings per share improved...

Paragon Banking Group plc (PAG.L) on Tuesday issued a trading update based upon the business performance for the nine months to 30 June 2019. The Group reported that for the year-to-date period, new lending rose to 1.90 billion pounds from 1.58 billion pounds in the prior year. Mortgage lending...

Medidata (MDSO) reported second-quarter top-line growth of 16% and operating cash flow growth of 29%. The company said its results were driven by the strength of its core business. For the second-quarter, non-GAAP net income was $30.1 million, or $0.48 per diluted share, compared to $26.4 million,...

Norwegian aluminium and renewable energy company Norsk Hydro (NHY, NHYDY.PK, NHYDY.PK) reported Tuesday that its second-quarter net loss was 190 million Norwegian Kroner, compared to profit of 2.07 billion kroner a year ago. Loss per share was 0.04 krone, compared to profit of 1.03 kroner last year. The...

Swiss logistics firm Kuehne + Nagel Group (KHNGY) reported Tuesday that its first-half earnings decreased 1.5 percent to 384 million Swiss francs from last year's 390 million francs. However, EBIT rose 2.0 percent to 511 million francs from 501 million francs last year. Operational result or EBITDA...

Swiss banking giant UBS Group AG (UBS) reported Tuesday that its second-quarter net profit attributable to shareholders was $1.39 billion, the highest second-quarter net profit since 2010. The profit was up 1 percent from last year's $1.38 billion. Earnings per share were $0.37, 2 percent higher than...

AutoNation, Inc. (AN), an automotive retailer, announced that its Chief Financial Officer Cheryl Miller has been appointed as Chief Executive Officer and President, effective Monday, July 22. She was also named to AutoNation's Board of Directors, effective the same date. As CEO, Miller replaces Carl...

Apple Inc. (AAPL) has appointed Steve MacManus, at least the third Tesla Inc. engineering executive to join the Cupertino, California-based technology giant in the last year, Bloomberg reported. MacManus, a Tesla vice president in charge of engineering for car interiors and exteriors, left the carmaker...

The U.S. Federal Trade Commission is expected to announce about $5 billion settlement with Facebook Inc. (FB) as soon as this week over the social media giant's 2018 Cambridge Analytica scandal, according to several reports. The fine would be the largest ever imposed by the FTC on a technology company....

Microsoft Corp. (MSFT) agreed to pay $25.3 million to settle an investigation into potential violations of a law prohibiting the bribery of foreign government officials. The company settled the alleged Foreign Corrupt Practices Act violations by four Microsoft subsidiaries in separate agreements with...

Apple Inc. (AAPL) is in advanced talks to buy Intel Corp.'s cellular modem unit, the Wall Street Journal reported citing people familiar with the matter. The Intel assets could be valued at about $1 billion in a transaction. The deal could be announced as soon as next week, the report said. The...

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