logo

Breaking News

Share SHARE

Volkswagen AG (VKW.L, VLKAF.PK, VOW.BE) announced Saturday that the core brand of the Volkswagen Group will be investing about 22.8 billion euros throughout the world from 2018 to 2022, a day after it announced a spending programme aimed at bolstering its position as a maker of electric cars. Volkswagen...

First Horizon National Corp. (FHN) and Capital Bank Financial Corp. (CBF) announced that, in connection with their proposed merger, Capital Bank Corp. will sell two branches in Greene County, totaling about $34 million in deposits and $2.5 million in loans, to Apex Bank, a Tennessee banking corporation....

Verizon Communications Inc. (VZ) is close to a new deal with the National Football League or NFL for digital streaming rights, the Bloomberg reported, citing people familiar with the matter. Financial details and the duration of Verizon's contract with the NFL couldn't immediately be learned. Verizon's...

JA Solar Holdings Co., Ltd. (JASO) said that it reached deal with JASO Holdings Limited or "Holdco", JASO Parent Limited, a wholly owned subsidiary of Holdco, and JASO Acquisition Limited or "Merger Sub", a wholly owned subsidiary of Parent, pursuant to which the Company will be acquired by an investor...

AstraZeneca Plc (AZN.L, AZN) is in talks to settle a Texas lawsuit claiming that the company fleeced the state's Medicaid program by fraudulently marketing one of its top drugs, Bloomberg reported citing to court filings. Texas sued the drugmaker in 2013, saying AstraZeneca had targeted the state's...

Yum! Brands, Inc. (YUM) said that its Board authorized repurchases of up to $1.5 billion in shares of common stock through year end 2018. This is in addition to the prior outstanding authorization.

Wells Fargo & Co. (WFC) Friday announced that Franklin Codel, a senior executive vice president and head of its Consumer Lending organization, has been dismissed from the company, effective immediately. The company said the dismissal was the result of Codel's acting in a manner that was contrary...

Qualcomm Inc. (QCOM) announced that Qualcomm River Holdings, an indirect subsidiary of the company, has extended the offering period of its cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors N.V. (NXPI). The tender offer is now scheduled to expire on December 15,...

J.B. Hunt Transport Services, Inc. (JBHT) announced it placed a reservation to purchase multiple Semi tractors to be manufactured by Tesla. The electric tractor was unveiled by Tesla on November 16. The company plans to deploy electric tractors to its Intermodal and Dedicated Contract Services divisions...

While reporting its third-quarter financial results today, athletic specialty retailer Hibbett Sports Inc. (HIBB) raised its earnings and comaprable store sales outlook for fiscal 2018. For fiscal 2018, Hibbett Sports now forecasts earnings in a range of $1.42 to $1.50 per share, up from the prior...

Real Industry, Inc. (RELY) Friday announced the filing of a petition for voluntary Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware. In conjunction, Real Alloy Holding, Inc. and its U.S. subsidiaries filed petitions for voluntary Chapter 11 reorganization in the U.S....

Amazon Canada is offering a sneak peek of its plans for Black Friday and with deals across more than 30 categories, there is something for everyone this holiday season. Starting November 17 and continuing through Black Friday, customers will find deals on items including toys, electronics, fashion,...

Caesars Entertainment Corp. (CZR) said that it agreed to acquire Centaur Holdings, LLC for $1.7 billion in cash, including $1.625 billion at closing and $75 million in deferred consideration. As a result of the transaction, Caesars will add Hoosier Park Racing and Casino in Anderson, Indiana, and...

Carillion plc (CLLN.L) updated on discussions with its financial stakeholders, trading and its intention to seek to defer the testing of its financial covenants. The Board is in discussions with stakeholders regarding a broad range of options to further reduce net debt and repair and strengthen the Group's...

Japanese conglomerate Toshiba Corp. (TOSYY.PK, TOSBF.PK) said that it did not entered into talks with any company to sell its personal computer business, denying media reports that it was in discussion to sell the unit to Asustek Computer Inc. Toshiba said, "On November 16 Kyodo News reported that Toshiba...

Follow RTT