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AAR Corp. (AIR) reported third-quarter income from continuing operations of $1.9 million, or $0.05 per share, compared to $16.9 million or $0.43 per share, prior year. The company reported a net loss of $34.5 million or $0.89 per share after discontinuing operations of Telair Cargo Group and Precision...

HCP (HCP) and HCR ManorCare Inc. (HCRMC) announced they have agreed to amend Master Lease, encompassing a portfolio of 333 post-acute, skilled nursing and assisted living facilities owned by HCP. Commencing April 1, 2015, HCP will provide an annual net rent reduction of $68 million. The contractual rent...

Intrexon Corp. (XON) and Merck Serono, the biopharmaceutical business of Merck KGaA (MKGAY.PK), announced an exclusive strategic collaboration and license agreement to develop and commercialize Chimeric Antigen Receptor T-cell cancer therapies. The agreement provides Merck Serono exclusive access to...

Fortune Brands Home & Security, Inc. (FBHS) said it has signed an agreement to acquire Norcraft Companies, Inc. The purchase price is $25.50 per share, resulting in an enterprise value of approximately $600 million. The company said the transaction will be financed under Fortune Brands' existing credit...

Crude oil prices were lower Monday morning, falling further below $50 a barrel on renewed hopes of a nuclear deal with Iran. Sanctions against Iranian oil may be lifted if Tehran can reach an agreement with the West on long-anticipated inspections. The deadline for such a deal is supposedly Tuesday. Tensions...

Raytheon Company (RTN) announced the company has been awarded a contract valued at up to $45.7 million by Northrop Grumman Aerospace Systems for ground segments in support of four Global Hawk unmanned aircraft systems recently purchased by the Republic of Korea. Under the contract, the company will deliver...

Grain processor Archer Daniels Midland Co. (ADM) said it has reached an agreement to purchase AOR N.V., a privately-held oil bottling company based in Antwerp, Belgium. Financial terms of the transaction were not disclosed. AOR, whose brands include Oilo and Coroli, serves customers across Europe,...

Embraer (ERJ) announced a firm order for 15 E175s and two E190s from KLM Cityhopper, KLM's regional subsidiary. The contract for the 17 E-Jets also includes an option for 17 additional E-Jets for KLM Cityhopper or Air France regional subsidiary HOP! The order has an estimated value of $764 million based...

Medicines Co. (MDCO) Monday said it received marketing authorization from European Commission for three of its hospital acute care products - Kengrexal, Orbactiv, and Raplixa. Earlier in January, these products has received positive opinions from the Committee for Medicinal Products for Human Use (CHMP)...

Zimmer Holdings, Inc. (ZMH) announced that the European Commission or EC has conditionally cleared its proposed acquisition of Biomet, Inc. The company said the EC's clearance is conditioned upon Zimmer entering into agreements with a suitable buyer to divest certain assets comprising the remedy package...

Spectrum Pharmaceuticals (SPPI), a biotechnology company with a primary focus in Hematology and Oncology, Monday announced results of a clinical study of the stability of Captisol-enabled Melphalan compared to the currently marketed, propylene glycol-containing melphalan formulation entitled, Solution...

Teva Pharmaceutical Industries Ltd. (TEVA) and Auspex Pharmaceuticals, Inc. (ASPX) announced they have entered into a definitive merger agreement under which Teva will commence a tender offer for all of the outstanding shares of Auspex at $101.00 per share in cash, representing total consideration of...

E.ON (EONGY.PK) announced that it has notified the Federal Network Agency of its plan to shut down the company's Irsching 4 combined-cycle gas turbine (CCGT). The company also announced that, an ownership consortium consisting of E.ON, HSE, Mainova, and N-ERGIE has notified the German Federal Network...

Cal-Maine Foods Inc (CALM), a producer of shell eggs, Monday reported third-quarter net income of $50.9 million or $1.05 per share, compared to $42.9 million or $0.89 per share in the comparable quarter last year. Analysts polled by Thomson Reuters estimated earnings of $1.10 per share for the quarter....

Healthways, Inc. (HWAY), a provider of well-being improvement solutions, said its Board of Directors has concluded its previously announced process to explore strategic alternatives to enhance shareholder value. After a thorough review of alternatives, including the potential sale of the company,...

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