NEENAH, Wis.–(BUSINESS WIRE)–Bemis Company, Inc. (NYSE:BMS) today reported financial results for its third quarter ended September 30, 2017. Refer to the reconciliation of Non-GAAP measures detailed in the attached schedule, including adjusted earnings per share, adjusted EBITDA, and net debt, referenced in this release. SUMMARY OF THE QUARTER Q3 Q3 YTD ($ in millions…
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Citrix Systems, Inc. (NASDAQ:CTXS) today reported financial results for the third quarter of fiscal year 2017 ended September 30, 2017. Financial Results For the third quarter of fiscal year 2017, Citrix achieved revenue from continuing operations of $691 million, compared to $669 million in the third quarter of fiscal year 2016, representing 3…
Athenahealth, the Massachusetts-based electronic medical records company with a substantial operation in metro Atlanta, plans to cut an estimated 61 jobs in metro Atlanta as part of a broader business restructuring, according to a state agency notice. Last week, the company announced plans to cut its workforce by 9 percent as part of a cost…
The Medicines Company CEO Clive Meanwell is circling all the wagons around its late-stage PCSK9 development plans for inclisiran. Clive Meanwell, The Medicines Company The Alnylam partner said today that once the biotech completes an effort to sell off its infectious disease group, the company which had 410 staffers in February will chop its remaining…
Medicines Co. (NASDAQ:MDCO) +8% premarket after reporting a smaller than expected Q3 loss and announcing plans to restructure the company, including laying off more than 85% of its workforce. MDCO says the restructuring, which it plans to substantially implement within the next 45 days, will cut headcount to fewer than 60 people. MDCO also expects…
Oil and gas vessel operators are doing it tough.Picture: Chevron The oil price slump has claimed a victim in WA oil and gas vessel operator Go Marine Group, which has been put into administration. Go Marines board appointed administrators from KordaMentha last Friday to the company, which is owned by Singapores Otto Marine. Its understood…
MUMBAI: Reliance Communications (RCom) is believed to be closing down major parts of its wireless business in the next 30 days, blaming among other factors, the creative destruction brought in by new entrant Reliance Jios free voice and cheap data services, and has told its employees that their last date of employment will be November…
Caterpillar Inc. continued to benefit in the third quarter from the combination of increased overall sales and comparisons with a weaker performance a year ago. The company, with a railroad-equipment production plant in Winston-Salem, reported Tuesday significantly increased domestic and global sales in its construction, energy and mining units. Third-quarter net income jumped more than…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Carlisle Companies Incorporated (NYSE:CSL) reported record net sales of $1,089.1 million for the third quarter ended September 30, 2017, a 9.9% increase from $991.0 million in the third quarter of 2016. Acquired net sales contributed a total of 5.3% in the quarter. Organic net sales grew 4.4% (organic net sales are defined as…
The Financial Conduct Authority is considering whether it can take action against Royal Bank of Scotland over the way it treated its small business customers in the five years after the 2008 banking crisis. Publishing a summary of a report it commissioned on the banks controversial global restructuring group (GRG), the FCA said lending to…