Fiat Chrysler Launches Jeep Brand's New 2021 Cherokee Latitude LUX Model - Quick Facts Fiat Chrysler Automobiles NV (FCAU) announced Wednesday that its Jeep brand has launched the new 2021 Cherokee Latitude LUX model to deliver consumers a new level of comfort, luxury and safety, combined with unmatched capability in the midsize SUV segment. The Cherokee Latitude LUX models are now...

Sorrento To Explore Its Agents In Combination With ViralClear's Merimepodib Against COVID-19 ViralClear Pharmaceuticals, Inc. (BSGM) and Sorrento Therapeutics, Inc. (SRNE) have entered into an agreement to explore the synergistic potential of small molecules and antibodies combination therapies against COVID-19. ViralClear will contribute its oral antiviral Merimepodib which is currently in...

Fielmann Issues Preliminary Q3 Results; Likely To Exceed FY Forecast Fielmann AG (FLMNF.PK) said, according to preliminary estimates, third quarter pre-tax profit was around 80 million euros compared to 78.5 million euros, prior year. Preliminary consolidated sales were approximately 420 million euros for the July to September period, compared to 400.0 million euros,...

Cheesecake Factory Launches Two Offers To Celebrate National Dessert Month The Cheesecake Factory Inc. (CAKE) said it is celebrating the start of National Dessert Month this October by announcing two consecutive offers. On Thursday, October 1, 2020, Cheesecake Factory will offer guests a $5 slice of any of its more than 30 flavors of cheesecake or layer cake. The offer...

ConocoPhillips Issues Preliminary Q3 Operational Update - Quick Facts ConocoPhillips (COP) said it expects to report third-quarter production volumes of 1,050 to 1,070 thousand barrels of oil equivalent per day (MBOED). The company said this estimate reflects the impact of third-quarter curtailments and planned seasonal turnaround activity. Curtailments were approximately...

Everest Re Group Names Mark Kociancic CFO - Quick Facts Everest Re Group, Ltd. (RE) announced the appointment of Mark Kociancic as Executive Vice President and Chief Financial Officer. Kociancic joins Everest from SCOR, where he most recently served as Group Chief Financial Officer since 2013. Kociancic will succeed Craig Howie, who will stay with the company...

Medtronic To Buy Avenu Medical; Terms Not Disclosed - Quick Facts Medical devices company Medtronic plc (MDT) announced Tuesday the planned acquisition of privately-held medical device company Avenu Medical that is focused on the endovascular (minimally invasive) creation of arteriovenous (AV) fistulae for patients with end-stage renal disease (ESRD) undergoing dialysis....

Dominion Energy Expects Transaction With Berkshire Hathaway Energy To Close Around November 1 Dominion Energy, Inc. (D) on Wednesday provided updates related to the pending sale of its gas transmission and storage assets to an affiliate of Berkshire Hathaway Inc. (BRK-A, BRK-B). Dominion Energy expects its transaction with Berkshire Hathaway Energy, exclusive of Questar Pipelines, to close...

Elanco Animal Health Announces Business Restructuring - Quick Facts Elanco Animal Health Incorporated (ELAN) announced the company plans to eliminate more than 900 positions across nearly 40 countries, primarily in Sales and Marketing, but also R&D, Manufacturing and Quality, and back office support. The company expects to realize at least $100 million of annual compensation...

Lowe's Canada Recruits For Around 625 Jobs In RONA And Reno-Depot Stores In Quebec Lowe's Canada, affiliated to home improvement retailer Lowe's Companies, Inc. (LOW), announced Wednesday that it is currently recruiting for positions in its RONA and Reno-Depot corporate stores in Quebec. The company plans to fill more than 625 full-time and part-time regular positions in these stores....

PVH Corp.: Stefan Larsson To Succeed Manny Chirico As CEO - Quick Facts PVH Corp. (PVH) announced that Stefan Larsson, President, will be named Chief Executive Officer effective February 1, 2021. Larsson will succeed Manny Chirico. Chirico will continue in his role as Chairman of the Board. Larsson joined the company in June 2019 in the newly created role of President,...

National Bank Opens Call Centre In Sherbrooke - Quick Facts National Bank of Canada (NA.TO) announced Tuesday the opening of its new call centre in Sherbrooke. This project, representing an initial investment of $5.4 million, has allowed the Bank to create 200 new jobs and will eventually generate at least $10 million per year in economic spinoffs in the region,...

Canadian Solar Reports Successful Completion Of Fundraising For CSI Solar Canadian Solar Inc. (CSIQ) has agreed to an approximately $260 million capital raising for its Module and System Solutions subsidiary, CSI Solar Co., Ltd. The company noted that this capital raising is an important step for CSI Solar to qualify for the planned carve-out IPO in China. Shawn Qu, CEO,...

Volkswagen Confirms Outlook For Positive Operating Result For 2020 - Quick Facts The Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) reported that worldwide deliveries in the first eight months were down by 21.5 percent to 5.6 million vehicles. The Group expects incoming orders and deliveries in September to be up year-on-year, and expects that the upward trend will continue for the remainder...