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Former teen idol David Cassidy dies at 67

Wed, 22 Nov 2017 02:28:15 GMT

Actor, singer and former teen idol David Cassidy died Tuesday at 67, his publicist announced. Cassidy suffered from dementia and died of organ failure, his publicist, Jo-Ann Geffen said. Known for his good looks and lush hair, Cassidy gained pop culture fame in the early 1970s as a co-star on the TV musical "The Partridge Family," and in 1970 sang the No. 1 Billboard pop hit, "I Think I Love You." "On behalf of the entire Cassidy family, it is with great sadness that we announce the passing of our father, our uncle, and our dear brother, David Cassidy," his family said in a statement released by Geffen. "David died surrounded by those he loved, with joy in his heart and free from the pain that had gripped him for so long. Thank you for the abundance and support you have shown him these many years."

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Mueller probe questions Kushner's contacts with foreign leaders: report

Tue, 21 Nov 2017 23:57:52 GMT

Special counsel Robert Mueller's investigation into Russian election-meddling is looking into Jared Kushner's interactions with foreign leaders before President Donald Trump's inauguration, the Wall Street Journal reported Tuesday. That includes the role Kushner, a top White House adviser and Trump's son-in-law, played in a United Nations dispute last December involving Israel. The incoming Trump administration had been asked by Israel to intervene to block a resolution condemning Israeli settlements in disputed territories. The resolution eventually passed, after the Obama administration did not move to block it. Kushner originally disclosed earlier this year on his security-clearance application he had no contacts with foreign government officials. He later amended that disclosure three times, admitting more than 100 contacts from more than 20 countries.

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Portola shares slip as FDA review pushes possible drug release to February

Tue, 21 Nov 2017 23:50:14 GMT

Portola Pharmaceuticals Inc. shares declined in the extended session Tuesday after the drug maker said the Food and Drug Administration needs more time to review company manufacturing changes to a drug already approved. Portola shares declined 3.5% to $49.01 after hours. Portola said the FDA needs time to review the entire Prior Approval Supplement submission for Bevyxxa, approved to treat venous thromboembolism patients in June. The review time pushes out the release of Bevyxxa to February, given that the FDA is required to act by Jan. 30.

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TiVo shares rally as federal ruling says Comcast infringed patents

Tue, 21 Nov 2017 23:34:41 GMT

TiVo Corp. shares rallied in the extended session Tuesday after the digital video company won a federal patent ruling against Comcast Corp. . Shares of TiVo surged 6.8% to $18.85 after hours, while Comcast shares were up 0.1% at $36.45. Late Tuesday the U.S. International Trade Commission ruled that Comcast set-top boxes violated two patents of Rovi Corp., owned by TiVo. "Rovi is pleased the International Trade Commission issued its final ruling in our favor and found that two Rovi patents are valid and infringed by Comcast's X1 products, and issued an exclusion order that bans Comcast from importing and selling X1 devices that infringe our valuable intellectual property," TiVo said in an emailed statement.

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Uber paid to keep data breach secret after exposing info on 57 million users and drivers: report

Tue, 21 Nov 2017 22:24:43 GMT

Uber Technologies Inc. was hit by a data breach that affected 57 million passengers and drivers in October 2016, and the company has fired its chief security officer and other employees after they kept the incident private, according to a Tuesday report. Names, email addresses and phone numbers of about 50 million passengers were potentially accessed in the breach, along with personal information on 7 million drivers, Uber disclosed in a news release. Uber paid $100,000 to attackers to delete the data and stay quiet, Bloomberg News reported, which the board discovered after starting an inquiry into the company's security operations last month. Chief Security Officer Joe Sullivan resigned at the new CEO's request and one of his deputies was dismissed as a result, Bloomberg reported. "None of this should have happened, and I will not make excuses for it," Uber Chief Executive Dara Khosrowshahi said in the release. "We are changing the way we do business." Khosrowshahi's deposed predecessor, Uber founder Travis Kalanick, reportedly found out about the hack and response in November 2016. Uber did not immediately respond to a request for additional comment.

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Oil prices climb as sources say API data show drop in U.S. crude supplies

Tue, 21 Nov 2017 21:46:59 GMT

The American Petroleum Institute reported Tuesday that U.S. crude supplies dropped by 6.4 million barrels for the week ended Nov. 17, according to sources. The API data also showed a rise of 869,000 barrels in gasoline stockpiles, while inventories of distillates fell by 1.7 million barrels, sources said. Supply data from the Energy Information Administration will be released Wednesday morning. Analysts polled by S&P Global Platts expect the EIA to report a decline of 2.1 million barrels for crude inventories. They also forecast a rise of 1 million barrels for gasoline and a draw of 1.8 million barrels for distillate supplies. January crude was at $57.10 a barrel in electronic trading, up from the settlement of $56.83 on the New York Mercantile Exchange.

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Guess shares tank on lower-than-expected quarterly sales

Tue, 21 Nov 2017 21:39:31 GMT

Shares of Guess Inc. fell 12% late Tuesday after the retailer reported third-quarter sales that missed Wall Street expectations. Guess said it lost $2.9 million, or 4 cents a share, versus earnings of $9.1 million, or 11 cents a share, in the year-ago period. Adjusted for one-time items, Guess earned $10.4 million, or 12 cents a share, compared with $9.6 million, or 11 cents a share a year ago. Sales rose 3.3% to $554 million, compared with $536 million a year ago. Analysts surveyed by FactSet had expected adjusted earnings of 12 cents a share on sales of $564 million. Retail revenue in the Americas fell 11%, offset by increases in Europe and Asia, the company said.

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Gamestop shares rise after earnings beat

Tue, 21 Nov 2017 21:35:49 GMT

Gamestop Inc. shares rose in the extended session Tuesday after the videogame retailer topped Wall Street estimates for the quarter. Gamestop shares rose 3.4% to $17.29 after hours. The company reported third-quarter net income of $59.4 million, or 59 cents a share, compared with $50.8 million, or 49 cents a share, in the year-ago period. Adjusted earnings were 54 cents a share. Revenue rose to $1.99 billion from $1.96 billion in the year-ago period. Analysts surveyed by FactSet had estimated 42 cents a share on revenue of $1.96 billion. For the year, Gamestop estimates earnings of $3.10 to $3.40 a share, while analysts expect earnings of $3.31 a share.

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HPE falls as earnings forecast comes up short, Whitman announces departure

Tue, 21 Nov 2017 21:28:30 GMT

Hewlett Packard Enterprise Co. managed to close out its year with an earnings beat Tuesday, but the company's forecast for the first quarter of its new fiscal year and Chief Executive Meg Whitman's impending departure sent shares into a spiral. HPE reported net income from continuing operations of $378 million, or 23 cents a share, on revenue of $7.66 billion, up from $7.32 billion the year before. Adjusted earnings was reported as 31 cents a share, down from 61 cents a share a year ago, reflecting the divestment of the software business. Analysts on average expected HPE to report adjusted earnings of 28 cents a share on sales of $7.77 billion, according to FactSet. HP's forecast for the fiscal first quarter was not as beneficial: The company said it expected adjusted earnings of 20 cents to 24 cents a share, while analysts were projecting 27 cents a share on average, according to FactSet. In a separate news release, HPE announced that Whitman would depart the CEO role on Feb. 1 and be replaced by longtime HP employee Antonio Neri. HPE shares dove nearly 8% in late trading after the announcements, falling to near $13 a share after closing at $14.12.

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HP Inc. shares fall 4% after Q4 results

Tue, 21 Nov 2017 21:28:08 GMT

Shares of HP Inc. fell 4% late Tuesday after the Palo Alto, Calif., company reported fiscal fourth-quarter earnings and sales above expectations. HP said it earned $660 million, or 39 cents a share, in the quarter, compared with $492 million, or 28 cents a share, in the year-ago period. Adjusted for one-time items, HP earned 44 cents a share, compared with 36 cents a share a year ago. "We posted top-line growth across both Personal Systems and Print, with broad-based, double-digit growth in all three regions, while also growing operating profit and non-GAAP EPS year-over-year," Chief Executive Dion Weisler said in a statement. Sales rose 11% to $13.9 billion in the quarter, compared with $12.5 billion a year ago. Analysts polled by FactSet had expected the company to report adjusted earnings of 44 cents a share on sales of $13.4 billion. HP forecast an adjusted EPS in a range of 40 cents to 43 cents for fiscal first quarter, and it raised its fiscal 2018 adjusted EPS estimates to a range of $1.75 to $1.85. Analysts surveyed by FactSet expect adjusted fiscal first quarter earnings of 42 cents a share and adjusted fiscal 2018 EPS of $1.79 a share.

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Salesforce shares wobbly after earnings beat, mixed outlook

Tue, 21 Nov 2017 21:20:22 GMT

Salesforce.com Inc. shares fluctuated between slight gains and losses in the extended session Tuesday after the customer-relationship management software company topped Wall Street estimates for the quarter, but its fourth-quarter outlook missed consensus estimates for earnings while topping those for revenue. Salesforce shares last dipped 1% to $107.74 after hours, after closing up 1.3% at a record $108.80 in the regular session. Shares have closed at eight record highs in the past 12 sessions. The company reported third-quarter net income of $51.4 million, or 7 cents a share, compared with a loss of $37.3 million, or 5 cents a share, in the year-ago period. Adjusted earnings were 39 cents a share. Revenue rose to $2.68 billion from $2.14 billion in the year-ago period. Analysts surveyed by FactSet had estimated 37 cents a share on revenue of $2.65 billion. For the fourth quarter, Salesforce estimates adjusted earnings of 32 cents to 33 cents a share on revenue of $2.8 billion to 2.81 billion. Analysts expect earnings of 34 cents a share on revenue of $2.79 billion.

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Meg Whitman to step down as chief executive of HPE

Tue, 21 Nov 2017 21:15:51 GMT

Hewlett Packard Enterprise Co. Chief Executive Meg Whitman will step down in 2018 and be replaced by Antonio Neri, the company announced Tuesday afternoon. Whitman has been in charge of the former Hewlett-Packard since 2011, overseeing the company's separation into consumer- and enterprise-facing operations in HP Inc. and HPE, as well as other spin-offs and changes. "I'm incredibly proud of all we've accomplished since I joined HP in 2011," Whitman said in Tuesday's announcement. "Today, Hewlett Packard moves forward as four industry-leading companies that are each well positioned to win in their respective markets." Neri has been with HPE since 1995, and has been running the Enterprise Group since 2015. He was named president of HPE in June. Whitman will remain on the board of HPE. HPE, which also announced fiscal fourth-quarter earnings Tuesday afternoon, saw shares sink by almost 8% in immediate late trading after the twin announcements.

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U.S. stock indexes all close at records led by technology shares

Tue, 21 Nov 2017 21:02:02 GMT

U.S. stocks closed higher Tuesday after a round of solid corporate earnings. All three benchmark equity indexes hit fresh records. The tech-heavy Nasdaq Composite Index showed the biggest gains, rising 72 points, or 1%, to 6862. The Technology Select Sector SPDR ETF climbed 1%, while Apple shares were up around 1.9%. The Dow Jones Industrial Average rose 161 points to 23591. The S&P 500 was up by 17 points, or 0.7%, to 2599.

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Pixar, Disney Animation head John Lasseter taking leave of absence after claims of misconduct

Tue, 21 Nov 2017 20:53:57 GMT

John Lasseter, the chief creative officer at Walt Disney Co.'s Pixar and Walt Disney Animation Studios, said in a memo to staff on Tuesday that he is taking a leave of absence amid what he detailed as "missteps" and difficult and painful conversations about his behavior toward staff. The news of the Pixar co-founder and "Toy Story" director, came as the Hollywood Reporter reported that Lasseter has, according to sources, a pattern of alleged misconduct that included grabbing, kissing, and making comments about physical appearance. Lasseter said in his memo, which was published by the Hollywood Reporter, that he plans to take a six-month sabbatical. "It's been brought to my attention that I have made some of you feel disrespected or uncomfortable," Lasseter wrote in his memo. "That was never my intent. Collectively, you mean the world to me, and I deeply apologize if I have let you down. I especially want to apologize to anyone who has ever been on the receiving end of an unwanted hug or any other gesture they felt crossed the line in any way, shape, or form."

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Trump backs Moore for Alabama Senate seat, says he is opposed to AT&T-Time Warner deal

Tue, 21 Nov 2017 20:38:28 GMT

President Donald Trump said Tuesday Alabama Senate candidate Roy Moore "totally denies" sexual misconduct allegations against him. Speaking to reporters before departing the White House, Trump said "40 years is a long time," referring to the allegations -- and that he didn't believe voters should pick a Democrat. He also weighed in on the AT&T , Time Warner deal, saying it's not good for the country.

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Jennifer Lopez to star in Guess ad campaign

Tue, 21 Nov 2017 20:35:09 GMT

Guess Inc. said Tuesday that actress and singer Jennifer Lopez will be the star of the fashion brand's spring 2018 jeans ad campaign. Other famous faces featured in past Guess campaigns include supermodel Claudia Schiffer, Anna Nicole Smith and Kate Upton. Guess shares are up 1.5% in Tuesday trading and up more than 49% for the year so far. The S&P 500 index is up 16.1% for 2017 to date.

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NYSE's breadth and volume data suggests investors aren't scrambling to buy stocks

Tue, 21 Nov 2017 19:27:04 GMT

Despite the big, broad rally in the major stock market indexes, breadth readings for the NYSE suggest investors aren't so worried about missing the boat to buy stocks. There are 1,960 stock gaining ground on the NYSE, compared with 925 declining stocks and 146 stock that are unchanged, according to FactSet, which means 64.7% of the stocks traded are rising. But volume of advancing stocks represents just 59.2% of the total volume. That has pushed the NYSE's Arms Index up to 1.434. The Arms Index is a volume-weighted breadth measure, which tends to rise above the equilibrium 1.000 rating when the market falls, as the proportion of volume flowing into declining stocks tends to be higher than the volume flowing into advancing stocks. Basically, Tuesday's Arms reading suggests investors are more worried about missing the opportunity to sell the stocks that are declining than they are about buying stocks that are rising. Meanwhile, the Dow Jones Industrial Average is rallying 165 points, or 0.7% and the S&P 500 is gaining 0.7%, both toward record closes.

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ViiV Healthcare says FDA has approved its two-drug HIV regimen, in first such instance

Tue, 21 Nov 2017 19:25:13 GMT

ViiV Healthcare, which is majority-owned by GlaxoSmithKline and has Pfizer Inc. and Shionogi as shareholders, said on Tuesday that the Food and Drug Administration has approved its two-drug HIV regimen. The therapy, Juluca, is the first such HIV drug composed of just two drugs -- dolutegravir and rilpivirine, both of which have been previously approved -- while other HIV regimens are typically composed of at least three drugs. This advancement could make the regimen more tolerable for the patient, according to Dr. Debra Birnkrant, director of the Division of Antiviral Products in the FDA's Center for Drug Evaluation and Research. Juluca is approved for individuals with HIV-1 who have been stable on a regimen for at least half a year, have no history of treatment failure and no known resistance to Juluca's individual components, ViiV said. GlaxoSmithKline shares declined 0.8% in Tuesday trade; shares have dropped nearly 10% over the last three months, compared with a 7% rise in the S&P 500 and a nearly 8% rise in the Dow Jones Industrial Average .

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Gold recoups some of its losses from a day earlier

Tue, 21 Nov 2017 18:59:53 GMT

Gold prices climbed Tuesday to recoup more than a third of what they lost a day earlier. Prices found some support on the back of weakness in the U.S. dollar, as investors awaited Wednesday's release of the Federal Open Market Committee minutes from the November meeting for clues on the Federal Reserve's stance on the path for interest-rate hikes. December gold climbed $6.40, or 0.5%, to settle at $1,281.70 an ounce after losing 1.6% on Monday.

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SEC charges Long Island town and elected official with municipal bond fraud

Tue, 21 Nov 2017 18:41:53 GMT

The Securities and Exchange Commission charged the town of Oyster Bay and its highest elected official on Tuesday with allegedly defrauding municipal bond investors when it failed to disclose side deals with a local businessman who had contracts with the town. This businessman allegedly cultivated the relationship with the town, then-town supervisor John Venditto and other officials with gifts, bribes, kickbacks, and political support. In return the town of Oyster Bay, New York allegedly agreed to indirectly guarantee four private loans-totaling more than $20 million-for this vendor and failed to disclose the indirect guarantees in connection with any of the 26 securities offerings the town issued between Aug. 2010 and Dec. 2015. The SEC's complaint alleges that Oyster Bay and Venditto deliberately concealed the indirect loan guarantees, including one that could have required the town to make a termination payment of approximately 16% of the town's operating budget -$16 million-within 60 days had the vendor defaulted on the loans. The SEC's investigation is continuing. The U.S. Attorney's Office for the Eastern District of New York also filed an indictment on Tuesday that included securities fraud charges against Venditto.

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CBS News fires journalist Charlie Rose following sexual harassment accusations

Tue, 21 Nov 2017 17:50:09 GMT

CBS News said on Tuesday that it has fired TV host, and journalist Charlie Rose, effective immediately. The news, announced in a memo to staff from CBS News President David Rhodes, comes after eight women accused Rose of sexual harassment and sexual assault. In the memo Rhodes said that "Despite Charlie's important journalistic contribution to our news division, there is absolutely nothing more important, in this or any organization, than ensuring a safe, professional workplace--a supportive environment where people feel they can do heir best work. We need to be such a place."

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Iranian man charged in HBO 'Game of Thrones' hacking case

Tue, 21 Nov 2017 15:51:46 GMT

Federal prosecutors on Tuesday charged an Iranian man with the hack into Time Warner Inc.-owned HBO's computer system, that led to unaired episodes of the network's hit show "Game of Thrones" being leaked online, according to news reports. HBO's systems were hacked over the summer, and handfuls of TV episodes, documents and company emails were leaked online. The hacker, Behzad Mesri, according to reports, demanded $6 million in bitcoin at the time. According to reports, Mesri is a member of the Turk Black Hat Security hacking team and has ties to the Iranian military, however, it's not believed that the HBO hack was on behalf of the Iranian government. Shares of Time Warner have declined nearly 8% in the year to date, while the S&P 500 index is up more than 16% and the Dow Jones Industrial Average is up close to 19%.

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Goldman Sachs growth plan hasn't convinced Instinet analyst, who prefers Morgan Stanley

Tue, 21 Nov 2017 14:42:07 GMT

In the wake of a September investor presentation from Goldman Sachs , Instinet analyst Steven Chubak remains tepid on the stock, and prefers Morgan Stanley , he said in a note Tuesday. It will take Goldman time to realize higher earnings from its new strategies, Chubak noted, and about half of the anticipated revenue lift comes from segments that face long-term, structural headwinds, such as the shift from active asset management to passive. Goldman's businesses are now skewed toward "lower-multiple areas," such as fixed income, commodities and currency trading and consumer lending, while Morgan Stanley's earning mix is "higher quality." Goldman shares are down about 0.6% for the year to date, while Morgan Stanley's are up 16.2%. The Dow Jones Industrial Average has gained 18.6% in that time and the S&P 500 is up 15.9%.

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Nasdaq hits all-time high as stocks open higher

Tue, 21 Nov 2017 14:34:41 GMT

Stocks opened higher higher Tuesday, with the Nasdaq hitting an all-time high and the Dow rising triple digits as investors focused on upbeat corporate earnings. The S&P 500 rose 0.4%, while the Dow advanced 112 points, or 0.5%. The Nasdaq rose 0.5%.

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Stone Energy to merge with Talos Energy, to create a $1.9 billion market cap E&P company

Tue, 21 Nov 2017 13:49:52 GMT

Stone Energy Corp. said Tuesday it will merge with privately held Talos Energy LLC, creating a company with an equity market capitalization $1.9 billion. The combined oil and gas exploration and production company will be named Talos Energy Inc., and is expected to be listed on the New York Stock Exchange with a stock ticker symbol of "TALO." Under terms of the deal, each Stone share outstanding will be exchanged for one share of Talos Energy Inc., and current Talos stakeholders will be issued a total of 34.2 million common shares. Talos stakeholders will own 63% of the combined company while Stone shareholders will own 37%. Talos Chief Executive Timothy Duncan will be CEO of the combined company. Stone's stock was halted for news. It has soared 40.6% over the past three months, but has shed 12.5% year to date. In comparison, the SPDR Energy Select Sector ETF has lost 10.7% this year and the S&P 500 has rallied 15.3%.

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Cytokinetics shares drop 31% on late-stage ALS drug failure

Tue, 21 Nov 2017 13:46:32 GMT

Cytokinetics Inc. shares dropped 31% in premarket trade Tuesday after the company said its lead product candidate failed to meet primary or secondary endpoints in a late-stage clinical trial. The drug, tirasemtiv, was being developed for the progressive neurodegenerative disease amyotrophic lateral sclerosis (ALS); Cytokinetics said on Tuesday that it plans to suspend tirasemtiv's development. The company said it believes tirasemtiv's limitations "may be addressed with our next-generation fast skeletal muscle activator, CK-2127107," which is currently in mid-stage clinical trials, with phase 2 results expected next year. CK-212710, which is also called CK-107, is being developed to improve muscle function and physical performance for individuals with ALS, spinal muscular atrophy, chronic obstructive pulmonary disease and for elderly adults with limited mobility. Cytokinetics shares have declined 11.6% over the last three months, compared with a 6.3% rise in the S&P 500 and a 8% rise in the Dow Jones Industrial Average .

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UPDATE: Medtronic shares jump 3% premarket after second-quarter profit and sales beats

Tue, 21 Nov 2017 13:42:04 GMT

Medtronic plc said Tuesday it had net income of $2.01 billion, or $1.48 a share, in its fiscal second quarter through Oct. 28, up from $1.12 billion, or 80 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.07, ahead of the FactSet consensus of 98 cents. Sales fell to $7.05 billion from $7.35 billion, but were also ahead of the FactSet consensus of $6.98 billion. The revenue decline was driven by the company's sale of its Patient care, Deep Vein Thrombosis and Nutritional Insufficiency businesses to Cardinal Health that took place at the beginning of the quarter. Hurricane Maria shaved another $55 million to $65 million off revenue. "Our second quarter financial results are very encouraging, when considered in the context of a quarter in which we faced three hurricanes and the California wildfires," chief Executive Omar Ishrak said in a statement. The company reiterated guidance that is based on a comparable, constant currency basis. Shares jumped 3% premarket, and have gained 11% in 2017, while the S&P 500 has gained 15%.

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CORRECTED: Big Rock Partners Acquisition prices IPO at $10 a share

Tue, 21 Nov 2017 13:40:36 GMT

Big Rock Partners Acquisition Corp. priced its initial public offering at $10 a share late Monday, after upsizing the deal to 6 million units from 5 million, according to Renaissane Capital, a manager of IPO exchange-traded funds. The blank check company will list on the Nasdaq, under the ticker symbol BRPAU, and shares will start trading later Tuesday. Each unit sold consists of one share of common stock and one-half of one warrant, exercisable at $11.50.

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KSS enters definitive agreement to buy troubled Takata's assets in $1.588 billion deal

Tue, 21 Nov 2017 13:11:58 GMT

Privately-held Key Safety Systems said Tuesday it has signed a definitive agreement to acquire almost all of the assets of Japanese car safety systems maker Takata Corp. in a deal worth $1.588 billion. The parties had already signed a memorandum of understanding in June. Takata has been battered by problems with its airbags, that have led to what the NHTSA has called the biggest and most complex recalls in the U.S. Sterling Heights, Michigan-based KSS will acquire all of Takata's assets apart from certain operations related to manufacturing and sales of phase-stabilized ammonium nitrate (PSAN) airbag inflators, the companies said in a statement. Takata's PSAN operations will remain with a reorganized Takata and eventually be wound down. KSS will become a business with pro forma sales of about $7 billion and about 60,000 employees in 23 countries. The deal will be financed with a mixture of debt and equity and is expected to close in the first quarter of 2018. Takata ADRs have fallen 6% in 2017, while the S&P 500 has gained 15%.

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Dollar Tree earnings and sales beat expectations

Tue, 21 Nov 2017 12:56:06 GMT

Dollar Tree Inc. reported third-quarter net income of $239.9 million, or $1.01 per share, up $171.6 million, or 73 cents per share, for the same period last year. Sales totaled $5.32 billion, up from $5.00 billion last year. The FactSet consensus was for EPS of 90 cents and sales of $5.28 billion. Dollar Tree expects fourth-quarter sales to range from $6.32 billion to $6.43 billion and EPS in the range of $1.80 to $1.89. The FactSet consensus is for sales of $6.37 billion and EPS of $1.80. Full-year sales are expected to be in the range of $22.2 billion to $22.31 billion, compared with previous guidance in the range of $22.07 billion and $22.28 billion. EPS is expected to be in the range of $4.64 to $4.73, compared with previous guidance of $4.44 to $4.60. The FactSet estimate is for sales of $22.2 billion and EPS of $4.67. Dollar Tree shares are up 0.1% in Tuesday premarket trading, and up nearly 26% for the year so far. The S&P 500 index is up 15.3% for 2017 to date.

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