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Alexion Pharmaceuticals, Inc. (ALXN) said the company has recently engaged in good faith with Elliott Advisors (UK) Limited, an affiliate of Elliott Management, to listen their recommendation that Alexion Pharma immediately launch a proactive sale process. The Board of Alexion Pharma unanimously decided...

United Natural Foods, Inc. (UNFI) has entered into definitive agreements to sell 13 of its 43 Shoppers Food & Pharmacy stores. In connection with these deals with three separate grocery operators, Shoppers intends to wind down operations at these locations. The company will also close four additional...

International Cons Airlines Group (IAG.L, BAIRY.PK, BAY.L) reported that its traffic in November, measured in revenue passenger kilometres, were up by 4.9 percent, while capacity measured in available seat kilometres rose by 1.0 percent. Passenger load factor was 83.9%, up 3.2 percentage points from...

BMW Group (BMW.L, BAMXF.PK, BAMXY.PK) recorded that its November worldwide deliveries increased by 1.4 percent year-on-year to 225,662 units. Total sales of BMW brand vehicles rose 2.9 percent to 194,690 units. For the year to the end of November period, deliveries were up 1.7 percent, with a total...

Genesco Inc. (GCO) announced, for fiscal 2020, the company now expects adjusted earnings per share from continuing operations in the range of $4.10 to $4.40 with an expectation that earnings per share for the year will be near the mid-point of the range. This an increase from the previous guidance range...

Manchester United (MANU) has entered a partnership with Alibaba Group (BABA) that will bring exclusive rights to club content in China to Alibaba's ecosystem. Manchester United content will be presented and localised on multiple Alibaba platforms, including a dedicated Manchester United channel - The...

AUDI AG (AUDVF.PK) has delivered around 163,350 cars to customers worldwide in November, up 23.1 percent from last year. Europe, North America and China contributed to the record November deliveries. From January through November, the brand delivered around 1,669,600 automobiles, up 0.7 percent. The...

Dr. Reddy's Laboratories Ltd. (RDY, DRREDDY) announced Friday the launch of Deferasirox Film-Coated Tablets, 90 mg and 360 mg. It is a therapeutically equivalent generic version of Jadenu (deferasirox) Film-Coated Tablets, 90 mg, 180 mg, and 360 mg, approved by the U.S. Food and Drug Administration. The...

Vodafone Group Plc (VOD.L, VOD) announced Friday many initiatives, including half-sized SIM cards and eco-friendly accessories, aiming to reduce the use of plastic and the related environmental impact. The company said it is replacing the standard credit card-sized SIM holder with a new half-sized...

The Competition and Markets Authority announced it has now accepted proposals from FirstGroup (FGROY.PK, FGROF.PK, FGP.L) and Trenitalia to address its concerns. The CMA has been investigating the award of the West Coast Rail franchise to a joint venture between FirstGroup and Trenitalia. The CMA stated...

Associated British Foods plc (ASBFY.PK, ABF.L) Friday said it still expects progress, on both a reported and an IFRS 16 adjusted basis, in adjusted earnings per share for the group for fiscal 2020. In its trading update ahead of its Annual General Meeting, Chairman Michael McLintock said, "This year,...

Novartis (NVS) announced data from the 52-week Phase III PALLADIUM trial which showed that QMF149, a fixed-dose combination of indacaterol acetate and mometasone furoate, was superior to mometasone furoate at medium and high doses in improving lung function, meeting the primary endpoint. Statistically...

Carl Zeiss Meditec AG (CZMWF.PK) Friday said it expects to be able to grow faster than the underlying markets again in fiscal year 2020. The EBIT margin would be in a range from 17 to 19 percent. Ludwin Monz, President and CEO of Carl Zeiss Meditec, said, "In the medium term, we want to secure the...

BP (BP.L, BP_UN.TO, BP) and Lightsource BP have reached an agreement, under which BP will acquire newly-issued equity in Lightsource BP to create a 50:50 joint venture structure. Financial terms were not disclosed. Lightsource BP is an independent leader in the development, funding and long-term management...

German chemical group Wacker Chemie AG (WKCMY.PK, WKCMF.PK) on Thursday said it now expects a negative net result for 2019 of around 750 million euros, compared to previous guidance of slightly positive net income. The Munich-based company said it intends to take an impairment of around 750 million...

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