MKS Instruments Inc. Q2 adjusted earnings Beat Estimates

MKS Instruments Inc. (MKSI) revealed a profit for its second quarter that rose from the same period last year. The company’s earnings totaled $122 million, or $2.22 per share. This compares with $120 million, or $2.19 per share, in last year’s second quarter. Excluding items, MKS Instruments Inc. reported adjusted earnings of $128 million or $2.33 per share for the […]

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UK’s Thomas Cook mulling airline sale: Sunday Times

LONDON (Reuters) – British travel company Thomas Cook (TCG.L) is considering splitting off its airline and selling a stake to an outside investor to reduce debt, the Sunday Times newspaper reported. The Thomas Cook logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/IllustrationThe newspaper, citing unnamed industry sources, said internal discussions were at an early stage and […]

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G20 agriculture ministers slam protectionism, pledge WTO reforms

BUENOS AIRES (Reuters) – Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the food trade system. G20 Agriculture Ministers is seen at an visit at the 132th annual Argentine Rural Society’s Palermo livestock and […]

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G20 agriculture ministers express concern about ‘protectionist’…

BUENOS AIRES (Reuters) – Agriculture ministers from the G20 countries said on Saturday they were concerned about the increasing use of protectionist non-tariff trade measures inconsistent with World Trade Organization (WTO) rules. G20 Agriculture Ministers is seen at an visit at the 132th annual Argentine Rural Society’s Palermo livestock and agriculture camp exhibition in Buenos Aires, Argentina, July 28, 2018.REUTERS/Martin […]

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Germany says U.S.-Europe trade tensions ease, questions remain on soy

BUENOS AIRES (Reuters) – The trade relationship between the United States and Europe is improving, German Agriculture Minister Julia Kloeckner said on Saturday, but there is no guarantee the bloc will buy the quantity of soybeans that Washington expects. German Minister of Food and Agriculture Julia Kloeckner speaks at an interview with Reuters during of the G20 Meeting of Agriculture […]

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Iran woos local investors as U.S. sanctions loom, currency falls

DUBAI (Reuters) – Iran plans to offer price and tax incentives to private investors to take over idle state projects and help boost the economy, state media reported on Saturday, as the country faces likely U.S. sanctions and the exit of many foreign companies. Iran’s President Hassan Rouhani attends a news conference at the Chancellery in Vienna, Austria July 4, […]

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With CBS CEO Moonves on the Ropes, Viacom Merger More Likely

Widely admired CBS Corp. (NYSE: CBS) CEO Les Moonves has a big problem. The New Yorker ran an article that charged that he sexually harassed six women. The typical pattern for charges like this is that the company board hires outside counsel and the results are announced to the public once the process is complete. Moonves is not only the […]

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Indivior: FDA Approves PERSERIS For Schizophrenia In Adults

Indivior PLC (INDV.L) announced that FDA has approved PERSERIS, the first once-monthly subcutaneous risperidone-containing, long-acting injectable (LAI) for schizophrenia in adults. Clinically relevant levels were reached after the first injection of PERSERIS without use of a loading dose or any supplemental oral risperidone. PERSERIS contains risperidone, a well-established treatment for schizophrenia, and uses the extended-release delivery system to form a […]

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European Shares Set For Softer Start As Trade Worries Deepen

European stocks look set to open lower on Monday as concerns over trade tensions returned to the forefront, with G-20 finance ministers and central bankers warning about increased risks to global economic growth. Gold steadied and the U.S. dollar slumped against the yen and other major peers after U.S. President Donald Trump accused the European Union and China of manipulating […]

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More Unwanted Drama at CBS

Time’s up for CBS Corp.—in more ways than one. On Friday, the New Yorker published a damning article about Les Moonves, the longtime CEO of CBS and esteemed industry leader, confirming a rumor that’s been swirling around for months in the entertainment world that such a story was coming. In it, six women accuse Moonves of sexual harassment, including forcible touching or […]

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