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Apple Inc. (AAPL) announced that it has promoted Jony Ive to the newly created position of Chief Design Officer. In this new role, he will focus entirely on current design projects, new ideas and future initiatives. He will take on his new role from July 1. Jony's previous day-to-day managerial responsibilities...

SanDisk Corp. (SNDK) introduced the new SanDisk Z400s SSD, a cost effective solid-state drive (SSD) designed to replace hard-disk drives (HDDs) in computing platforms and embedded applications. PCs and embedded systems need consistent, reliable access to storage in order to meet business demands. The...

Chemtura Corp. (CHMT) and Tosoh Corp. announced that they have signed a letter of intent establishing the framework for a long-term relationship for brominated flame retardant products and technologies in Japan. Under the letter of intent, Tosoh would have the exclusive right to promote and sell Chemtura's...

Intellipharmaceutics International Inc. (IPCI, I.TO) said that it has agreed to purchase the land and building from which it conducts its operations at 30 Worcester Road, Toronto, Ontario as well as the land and building of the adjoining property at 22 Worcester Road for a combined purchase price of...

Pan American Silver Corp. (PAAS, PAA.TO) announced that two employees sustained fatal injuries in a single vehicle accident involving a water truck at the Company's Manantial Espejo mine in Santa Cruz, Argentina, on Saturday, May 23, 2015. Emergency crews and local authorities were immediately notified...

58.com Inc. (WUBA), China's largest online marketplace serving local merchants and consumers, reported a net loss for the first quarter of US$52.4 million or US$0.59 per ADS, compared to net income of US$2.3 million or US$0.03 per ADS for the year-ago quarter. Excluding items, adjusted net loss for...

Charter Communications Inc. (CHTR) is nearing a deal to buy fellow U.S. cable operator Time Warner Cable Inc. (TWC) for about $55.1 billion in cash and stock, Bloomberg reported Monday, citing people familiar with the matter. Charter will pay about $195 per share with $100 in cash and the rest in...

Gazit-Globe, Israel-based real estate investment company, Monday said its subsidiary Citycon has agreed to buy Norway's second largest commercial real estate company Sektor Gruppen for about 1.47 billion euros, including debt. Privately-held Sektor Gruppen focuses mainly on the development and operation...

Gazit-Globe (GZT) announced that its subsidiary, Citycon, entered into an agreement to purchase all of the shares of Norway's second largest commercial real estate company, Sektor Gruppen, for consideration amounting to about EUR 1.47 billion subject to customary balance sheet and post-closing adjustments....

Mylan N.V. (MYL) said Monday that it was asked by the Irish Takeover Panel to issue the following clarification and retraction in accordance with the Irish Takeover Rules, relating to its firm intention to make an offer to acquire the issued and to be issued shares of Perrigo (PRGO). The clarification...

Cenovus Energy Inc. (CVE, CVE.TO) said Monday that it has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations and shut down production as a precaution due to a forest fire on the Cold Lake Air Weapons Range or CLAWR in northeastern Alberta. The forest fire...

Tuniu Corp. (TOUR), an online leisure travel company in China, Monday reported first-quarter net loss attributable to ordinary shareholders of RMB233.1 million, wider than RMB62.7 million, a year ago. Loss per ADS narrowed to RMB3.71 from RMB7.24 per ADS in the comparable quarter last year. Excluding...

Suntory Beverage & Food Limited (STBFY.PK) said that it will buy Japan Tobacco Inc.'s beverage vending machine businesses for about 150 billion yen or $1.2 billion. Suntory Beverage & Food agreed to acquire certain shares held by Japan Tobacco in certain companies including Japan Beverage Holdings...

Metso Corp. (MXCYY.PK, MXTOF.PK) Monday said has agreed with Stora Enso Oyj (SEO, SEOAY.PK), a provider of renewable solutions in packaging, biomaterials, wood and paper, to supply altogether hundreds of valves for Stora Enso's conversion of the Varkaus Mill fine paper machine in Finland to light-weight...

Nexity SA, a French residential and commercial real estate developer, announced Monday the sale by CE Holding Promotion (Groupe BPCE) of 12.2 percent of Nexity's share capital to two institutional investors and New Port SAS. Groupe BPCE has sold 5.5 million shares representing 10.2 percent of Nexity's...

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