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The Securities and Exchange Commission has launched an investigation into Altria Group, Inc's. (MO) investment in e-cigarette maker Juul Labs, the Wall Street Journal reported on Friday, citing people familiar with the matter. The SEC reportedly is investigating whether Altria adequately disclosed...

Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported fourth quarter net earnings attributable to shareholders of $29.16 billion versus a loss of $25.39 billion reported last year. Net earnings attributable to Berkshire shareholders per equivalent Class A common share were $17,909,...

The FDA has approved Esperion Therapeutics Inc's (ESPR) NEXLETOL (bempedoic acid) tablet, an oral, once-daily, non-statin LDL cholesterol (LDL-C)-lowering medicine. The company stated that the NEXLETOL is for the treatment of adults with heterozygous familial hypercholesterolemia (HeFH) or established...

eBay Inc. (EBAY) announced Friday that it continues to be in talks with multiple parties regarding a potential transaction for its eBay's Classifieds Group. The company expects to provide an update regarding the process by the middle of the year. eBay said that it remains committed to maximizing the...

Samsung Electronics Co. (SMSN.L, SSNNF.OB, SSNLF.OB) will shut down operations at its mobile device factory complex in the southeastern city of Gumi, South Korea, after an employee was confirmed to be infected with the coronavirus. The suspension will last until Monday morning (February 25) to prevent...

Wells Fargo & Co (WFC.N) has agreed to pay $3 billion to settle criminal and civil probes into fraudulent sales practices involving the opening of millions of accounts without customer authorization, the U.S. Attorney's Office said Friday. Wells Fargo's $3 billion payment includes a $500 million civil...

Manchester United (MANU) has reached a global partnership with Mondelez International (MDLZ). As part of the agreement, the two organisations will create dual-branded products as well as interactive and engaging campaigns for our global fan base, the companies said. The partnership will commence...

Pinnacle West Capital Corp. (PNW) reaffirmed its 2020 estimated consolidated earnings to be within a range of $4.75 to $4.95 per share. The company expects to achieve a weather-normalized, consolidated earned return on average common equity of more than 9.5 percent. Fourth-quarter net income attributable...

Harsco Corp. (HSC) said, for fiscal 2020, the company projects adjusted earnings per share in a range of $0.84 - $1.12. Adjusted EBITDA is anticipated to be between $280 million and $310 million. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.15. Analysts' estimates...

W. P. Carey Inc. (WPC) announced fiscal 2020 AFFO guidance range of $4.86 to $5.01 per share, including Real Estate AFFO of between $4.74 and $4.89 per share. Fourth-quarter AFFO per share was $1.28, down 3.8% from $1.33, a year ago. Real Estate AFFO per share was $1.21 compared to $1.12, last year....

Hasbro Inc. (HAS) and Walt Disney Co. (DIS) agreed to renew Hasbro's rights under strategic merchandising relationship for major Disney entertainment properties Marvel and Star Wars. The agreements are multi-year agreements. Hasbro said that the agreements cover entertainment released during their...

Cheetah Mobile Inc. (CMCM), a mobile internet company with global market coverage, said Friday that Google has disabled the company's accounts in Google Play Store, Google AdMob and Google AdManager, because some of the company's apps had not been compliant with Google policies. So, Google will terminate...

While reporting financial results for the fourth quarter on Friday, ITT Inc. (ITT) initiated its adjusted earnings and revenue change guidance for the full-year 2020. It also plans to increase quarterly dividend by 15 percent. For fiscal 2020, the company now projects adjusted earnings in a range...

HMS Holdings Corp. (HMSY) said that it expects net income to be $76 million - $80 million, and total revenue of $705 million - $715 million for fiscal year 2020. Analysts polled by Thomson Reuters expect the company to report revenues of $701.56 million for 2020. Analysts' estimates typically exclude...

While reporting financial for the fourth quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, initiated its adjusted earnings and revenue growth guidance for the full-year 2020. For fiscal 2020, the company now projects adjusted earnings in a range of $3.12 to $3.32...

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