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Nasdaq, Inc. (NDAQ) and Astana International Financial Centre JSC or AIFC announced Monday a new, significant agreement for a new AIFC Exchange in Kazakhstan. Nasdaq has been selected to power Kazakhstan's nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017...

Elbit Systems Ltd. (ESLT) said it was awarded a contract, in an amount of approximately $390 million, to supply an array of ground electronic intelligence capabilities to a European country. The contract, which includes various intelligence capabilities, as well as communications and command and control...

British Airways cancelled all its flights out of its London Heathrow and Gatwick hubs in the UK on Saturday following a major IT system failure. The outage coincided with the Memorial Day weekend in the U.S. "Following the major IT system failure experienced earlier today, with regret we have had...

Goldcorp Inc. (GG, G.TO) said it has extended the expiry time of its offer to acquire all of the issued and outstanding common shares of Exeter Resource Corp. (XRC.TO, XRA) to 5:00 p.m. on June 7, 2017 and waived the offer's minimum tender condition of not less than 66 2/3 percent of the outstanding...

Sandvine Corp. (SAND.L, SNVNF.PK, SVC.TO) said it has entered into an arrangement agreement with an affiliate of private equity firm Vector Capital for C$3.80 per share. Under the arrangement agreement, and with support from Sandvine's Board of Directors, an affiliate of Vector Capital, Scalar AcquireCo...

Genesee & Wyoming Inc. (GWR) said that John Hellmann, President and Chief Executive Officer, was appointed Chairman of the Board of Directors following the previously announced retirement of Mortimer Fuller III, effective May 24, 2017. Hellmann also will continue to serve as President and Chief Executive...

Allegiant Travel Company (ALGT) said that Jude Bricker has resigned his position as executive vice president and chief operating officer. The company noted that Bricker has been with Allegiant since 2006 and through a variety of leadership roles has been a key architect of the company's growth and success. Bricker...

Lumber Liquidators, Inc. (LL), a specialty retailer of hardwood flooring in North America, said it has appointed Timothy Mulvaney as Senior Vice President, Chief Accounting Officer, who will report to Marty Agard, the company's Chief Financial Officer. Mulvaney is a certified public accountant and...

Potomac Bancshares, Inc. (PTBS), the one bank holding company for Bank of Charles Town or BCT, said it expects to realize a second quarter gain, net of tax, of approximately $190,000, from the sale of an equity security. This equates to approximately $0.06 per share.

Perfumania Holdings, Inc. (PERF), a U.S. specialty retailer and distributor of fragrances and related beauty products, said that a special committee of independent directors is considering various alternatives to address the company's financial condition. The company previously said it is reviewing...

BWX Technologies, Inc. (BWXT) said that its Four Rivers Nuclear Partnership, LLC joint venture with lead partner CH2M and Fluor Corp. (FLR) was awarded the Paducah Deactivation and Remediation Contract at the U.S. Department of Energy or DOE's Paducah Gaseous Diffusion Plant in Kentucky. The contract...

Canadian National Railway Co. (CNI, CNR.TO) said that the Teamsters Canadian Rail Conference - Conductors, Trainpersons and Yardpersons or TCRC-CTY has given the company a 72-hour notice of its intention to strike as of 0400 hours Eastern Daylight Time on May 30, 2017. TCRC-CTY represents approximately...

AT&T Inc. (T) said it has invested nearly $30 million in its Flint wireless and wired networks during the three-year period from 2014 to 2016. The company noted that these investments enhance reliability, coverage, speed and overall performance for residents and businesses. They also improve critical...

Canada's Fairfax Financial Holdings Limited (FRFHF, FFH.TO) said that its wholly owned subsidiary, FAL Corporation, has agreed to sell 12.18 percent of the fully diluted shares of ICICI Lombard General Insurance Company Limited to Red Bloom Investment Ltd, a company wholly owned by private equity funds...

After an initial move to the downside, shares of Splunk have climbed off their worst levels of the day but remain down by 5.9 percent in afternoon trading on Friday.

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