Business

AM Best assigns Issuer Credit Rating to LRG (US), Inc.

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Long-Term Issuer Credit Rating of “a” to LRG (US), Inc. (Delaware). The outlook assigned to this Credit Rating (rating) is stable. LRG (US), Inc. is the intermediate holding company of London Life International Reinsurance Corporation

Business

Church & Dwight reports Q2 results

2020 Second Quarter Results Sales growth +10.6%: Dom. +13.6%; Int’l +0.5%; SPD +3.0% Organic sales +8.4%: Dom. +10.7%; Int’l +0.6%; SPD +3.0% Gross Margin +220 bps. to 46.8% EPS +36.4%; Adjusted EPS +35.1% YTD Cash from Operations +70%; Ex tax deferral +47%

Business, Health Care

Teva announces new strategic focus in the Japanese market

Japan Business Venture shifts focus to specialty assets and a portfolio of select generics that meet patients’ medical needs Remains positioned to address unmet patient needs in core therapeutic areas Will divest majority of current non-differentiated generics portfolio, as well as local

Business, Health Care

Bristol Myers Squibb and bluebird bio announce submission of Biologics License Application (BLA) to FDA for Idecabtagene Vicleucel (Ide-cel, bb2121) for adults with relapsed and refractory multiple myeloma

BLA submission based on results from pivotal Phase 2 KarMMa study evaluating ide-cel in heavily pre-treated patient population Companies are committed to working with the FDA to rapidly advance ide-cel through the regulatory review process PRINCETON, N.J., & CAMBRIDGE, Mass.–(BUSINESS WIRE)–$BLUE #BMS—Bristol

Business

B&G Foods declares regular quarterly dividend

PARSIPPANY, N.J.–(BUSINESS WIRE)–B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.475 per share of common stock. The dividend is payable on October 30, 2020 to shareholders of record as of

Business

Protective Insurance selects Majesco P&C Core Suite for Commercial Auto and Workers’ Compensation lines of business on Majesco CloudInsurer® to accelerate their digital transformation

Leading provider of insurance for the transportation industry executes its vision of a new digital business model by replacing legacy systems from three different vendors with Majesco’s next-generation solutions MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco (NASDAQ: MJCO), a global leader of cloud insurance software, today