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Bank of America Corp. (BAC) reported Thursday that net income for the third quarter surged 58 percent to $7.69 billion from last year's $4.88 billion, with earnings per share increasing to $0.85 from $0.51 in the prior year. On average, 22 analysts polled by Thomson Reuters expected the company to...

Teligent Inc. (TLGT), a New Jersey-based specialty generic pharmaceutical company, said that it filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to pursue a sale process that is intended to maximize the value...

While reporting strong third-quarter results on Thursday, UnitedHealth Group (UNH) increased its full year net earnings outlook. The company's full year 2021 outlook for net unfavorable COVID-19 earnings effects is consistent with previous expectations. For full year, the company now expects net...

Delivery Hero SE said that it has reached an agreement with hugo to acquire the multi-category marketplace's core food delivery and quick commerce business in Central America and the Caribbean. Founded in 2017, hugo is currently active in over 40 cities across six countries: Guatemala, El Salvador,...

Genentech, a member of the Roche Group (RHHBY.PK), on Thursday, announced new longer-term efficacy and safety data for Enspryng (satralizumab-mwge). The data show Enspryng has a favorable benefit-risk profile and is effective in reducing relapses over four years of treatment in people with anti-aquaporin-4...

French advertising company Publicis Groupe (PGPEF.PK, PUBGY.PK) on Thursday reported 11.2 percent organic growth for the third quarter, with double-digit growth in all the regions. In the third quarter, the Group said, organic growth was 10.9 percent for the U.S., 10 percent for Europe and 12.5 percent...

Roche (RHHBY) reported EMA approval of a shorter 90-minute Gazyvaro infusion time, administered in combination with chemotherapy in patients with previously treated or untreated advanced follicular lymphoma. The regular rate of infusion can take approximately three to four hours, the company noted. Levi...

Südzucker Group (SUEZF.PK) said, due to a significant jump in the second quarter, the group's consolidated operating result edged up moderately in first half of financial year. While the special products segment's revenues fell slightly, the fruit segment's rose moderately and the sugar, CropEnergies...

CNH Industrial N.V. (CNHI) Wednesday announced that it will temporarily close several of its manufacturing facilities in Europe. The company said it will shut down several of European agricultural, commercial vehicle and powertrain manufacturing facilities in response to ongoing disruptions to the...

Occidental Petroleum Corp. (OXY) Wednesday said it has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporation. The sale to Kosmos closed upon signing and the sale to GNPC is expected to close in the fourth quarter. The transaction...

Rambus Inc. (RMBS) Wednesday said its Chief Financial Officer Rahul Mathur will resign from the company, effective November 15, 2021, to pursue another opportunity outside of the semiconductor industry. The company said it has commenced a formal search for a new CFO. Keith Jones, current vice president,...

Agilent Technologies Inc. (A) Wednesday said that the U.S. Food and Drug Administration approved its Ki-67 IHC MIB-1 pharmDx (Dako Omnis) as an aid in identifying patients with early breast cancer. The company said FDA approved Ki-67 IHC MIB-1 pharmDx as an aid in identifying patients with early breast...

Discovery, Inc. (DISCA, DISCB, DISCK) and LG Electronics USA announced Wednesday that discovery+, the definitive non-fiction subscription streaming service, is now available on LG Smart TVs in the U.S., including LG's line-up of award-winning LG OLED TVs and LG QNED MiniLED TVs. It will be available...

India-based software services company Wipro Ltd. (WIT) reported Wednesday that second-quarter net income attributable to equity holders was 29.31 billion Indian rupees or $394 million, up 18.9 percent from last year's 24.84 billion rupees. Earnings per share were 5.35 rupees or $0.07, up 23.8 percent...

Bunge Limited (BG) has agreed to sell its seven Mexico wheat mills to Grupo Trimex. The company will continue to serve oil and meal customers in Mexico and will continue to operate corn mill in Quertaro. "The wheat milling business in Mexico is not fully integrated in the way that is critical to...

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