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Tutor Perini Corporation (TPC), a leading civil and building construction company, said that the Tutor Perini-lead joint venture or JV with partners Kiewit Corp. and Jay Cashman, Inc. has reached an $88.7 million settlement with the Commonwealth of on the Central Artery/Tunnel Project. The company...

American Tower Corp (AMT), a firm that owns and develops wireless and broadcast communications real estate, Friday reached an agreement with TIM Celular S.A. ("TIM"), a part of TIM Participações S.A., a publicly traded subsidiary of Telecom Italia S.p.A., to acquire two portfolios of towers in Brazil....

CBRE Group, Inc. (CBG) said FRiday that it is in talks with its lenders about potentially amending its existing credit agreement regarding its revolving credit facility and Tranche A term loan. The amendment would increase its revolving credit facility to up to $2.5 billion and refinance its existing...

PS Business Parks, Inc. (PSB) said Friday that it has completed the sale of three business parks located in Phoenix, Arizona. The parks consist of 42 buildings comprising about 656,000 square feet. Occupancy at the date of sale was 86.8%. Net proceeds from the sale, after transaction costs, were...

B/E Aerospace, Inc. (BEAV) said Friday that its subsidiary KLX Inc. has priced its offering of $1.2 billion aggregate principal amount 5.875% of senior notes due 2022 in preparation for the spin-off of KLX from B/E Aerospace. The Notes were priced at 100% of the aggregate principal amount. It...

Praxair, Inc. (PX) said Friday that it has priced €500 million of 1.625% notes due December 1, 2025. The offering is expected to close on December 1. The company anticipates using the proceeds of the offering for general corporate purposes, including repayment of debt and share repurchases under...

Scientific Games Corp (SGMS) said Friday it completed the merger with Bally Technologies Inc. The aggregate transaction value was about $5.1 billion, including the refinancing of nearly $1.8 billion of existing Bally net debt. "We are excited by the opportunities that will be created by combining...

Immunomedics, Inc., (IMMU) said Friday that the U.S. Food and Drug Administration has granted orphan drug status for the use of veltuzumab, the company's humanized anti-CD20 antibody, for the treatment of pemphigus. Pemphigus is a debilitating and potentially fatal autoimmune blistering disease of...

Mercer, a subsidiary of Marsh & McLennan Cos Inc (MMC), Friday agreed to buy SCM Strategic Capital Management AG, a Swiss-based specialist private markets advisor and delegated solutions provider. The financial terms of the deal were not disclosed. The acquisition will further strengthen Mercer's...

UK-based drugmaker AstraZeneca Plc (AZN.L, AZN) Friday announced plans to expand its biologics manufacturing center in Frederick, Maryland. The more than $200 million project will increase production capacity at the facility to support AstraZeneca's maturing pipeline, and will help position the company...

Bio Blast Pharma Ltd (ORPN) Friday reported third-quarter net loss of $2 million or $0.16 per share compared with a loss of $195 thousand or $0.02 per share last year. Analysts polled by Thomson Reuters estimated a loss of $0.09 per share for the quarter. Analysts' estimates typically exclude special...

Intrawest Resorts Holdings Inc (SNOW), a North American mountain resort and adventure company, Friday announced the hiring of Thomas Marano as the company's Chief Executive Officer, effective immediately. Marano replaces William Jensen who has tendered his resignation for personal reasons. Additionally,...

Tsakos Energy Navigation Ltd (TNP) Friday reported third-quarter net earnings of $3 million or $0.04 per share compared with a loss of $2.4 million or $0.04 per share last year. Total revenues for the quarter were $120.9 million compared with $107.6 million in the prior year. Revenues, net of voyage...

New York Mortgage Trust, Inc. (NYMT) said Friday that it has priced an underwritten public offering of 13 million shares of its common stock at a public offering price of $7.94 per share. NYMT also granted the underwriters an option to purchase up to an additional 1.95 million shares of common stock....

GE (GE) announced the appointment of four new Company officers namely, Harel Kodesh, Collin Parris, Sharis Pozen and Weiming Xiang. GE said it has 196 officers globally who lead large revenue-generating businesses or are in critical technology or functional roles, helping to drive growth. Commenting...