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Windstream

Windstream Holdings, Inc. and EarthLink Holdings Corp. have agreed $673 million all-stock merger, bringing together the two service providers in an attempt to cut costs as revenues decline. As part of the deal, shareholders of Earthlink will...

By Laura Parrish on Nov 7th, 2016
Saudi Aramco

State oil firm Saudi Aramco on Monday informed Egyptian authorities that it would be stopping shipments of petroleum products to Egypt “until further notice”, Egyptian Oil Minister Tarek El-Molla said forcing the country to purchase...

By John Shepherd on Nov 7th, 2016
Berkshire Hathaway

On Friday, Berkshire Hathaway Inc. said that its third quarter profit was down by 24 percent compared to the previous year after significant one-time gains in the prior period. Quarterly net income for the company went down to $7.2 billion...

By Laura Parrish on Nov 4th, 2016
Regeneron

On Friday Regeneron Pharmaceuticals reported  double-digit revenue growth for its key eye-disease product, Eylea whilst overall revenue grew at its slowest pace in over four years as worries rise over insurance companies placing pressure on...

By Warren Smith on Nov 4th, 2016
Time Inc

The publisher of People and Fortune magazines, Time Inc, reported on Thursday adjusted profit slightly ahead of analyst expectations whilst it outlined that it would pause any major restructuring plans despite competitors shrinking their staff...

By Terry Fitzroy on Nov 3rd, 2016
AirFrance-KLM

Air France-KLM said that it will be rolling out a new long-haul, lower-cost airline to take back market share from lower-cost rivals in the Gulf in order to improve profits as it tries to restore shaky relations with its staff. The exponential...

By Laura Parrish on Nov 3rd, 2016
Maersk

A.P. Moller-Maersk A/S released its third quarter profit showing a 43 percent decline taking another hit from overcapacity in the industry. Net income of the world’s larger container line declined to $429 million in the third quarter, lower...

By Kate Ayers on Nov 2nd, 2016
Pfizer

Shares of Pfizer Inc. dropped by 2 percent after removing its cholesterol fighting drug from its profile as large clinical trials proved the incremental ineffectiveness of the drug, pushing the company to lower its 2016 earnings guidance. The...

By Kim Irwin on Nov 1st, 2016
Angie's List

Recommendations service, Angie’s List, has said that it has hired the services of two banks to explore “strategic alternatives” in a statement within its earnings results on Tuesday. In the middle of 2016, the website dropped...

By Terry Fitzroy on Nov 1st, 2016
Zimmer Biomet

Medical-device company Zimmer Biomet Holdings Inc. reduced its sales guidance for the full year on Monday and lowered its high end of its profit guidance after a disappointing third quarter in which sales were lower than management’s expectations. The...

By Terry Fitzroy on Oct 31st, 2016