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Canadian asset management holding company Brookfield Asset Management, Inc.'s (BAM) affiliate is said to be the front runner in an auction to acquire the bankrupt Atlantic City, New Jersey-based Revel casino hotel, according to a Wall Street Journal report on Tuesday. Brookfield, which owns the Hard...

The Securities and Exchange Commission or SEC said Tuesday that it has charged two men with insider trading after they learned that hedge fund manager William Ackman's hedge fund Pershing Square Capital Management LP formed a negative view of the nutritional supplements company Herbalife Ltd. (HLF) and...

Packaged foods company General Mills Inc. (GIS) said Tuesday that it expects to cut another 700 to 800 jobs, primarily in the U.S., as part of a multi-year restructuring plan. This is in addition to job cuts announced by the company in mid-September. In a regulatory filing, General Mills said that...

Vivint Solar said Tuesday that it has priced its initial public offering of 20.6 million shares of common stock at a price to the public of $16 per share, which is the low end of the previously estimated price range of $16 to $18 per share. In addition, a selling stockholder affiliated with The...

General Mills, Inc. (GIS) said in a regulatory filing Tuesday that it expects to eliminate about 700 to 800 positions, mainly in the United States, in connection with Project Catalyst, a restructuring plan designed to increase organizational effectiveness and reduce overhead expense. The Minneapolis,...

Zebra Technologies Corp. (ZBRA) said Tuesday that it has priced its offering of $1.05 billion in aggregate principal amount of 7 1/4% senior unsecured notes due 2022 in a private offering. The Notes were priced at 100% of par. The sale of the Notes is expected to be completed on October 1. Zebra...

DT Asia Investments Ltd., a company formed for the purpose of entering into a merger, share exchange, asset acquisition or other similar business combination with one or more businesses or entities, said Tuesday that it has priced its initial public offering of six million units at a price to the public...

American Realty Capital Properties, Inc. (ARCP) said Tuesday that effective October 1, David Kay will become Chief Executive Officer and Lisa Beeson will become President. Nicholas Schorsch, who had served as CEO of the company, will remain Chairman of the Board. Kay joined the company as President...

ClubCorp (MYCC), Tuesday closed the $265 million acquisition of Atlanta-based Sequoia Golf, adding 50 owned and operated clubs and increasing its portfolio of private clubs by 30 percent. Sequoia Golf adds nearly $100 million in LTM revenue and pro forma annual adjusted EBITDA of $29 million to $30...

1-800-FLOWERS.COM Inc (FLWS), a multi-channel gifts retailer, Tuesday announced the closing of its acquisition of Harry & David Holdings Inc, a specialty retailer and producer of branded premium gift-quality fruit, gourmet food products and other gifts. Based on the addition of the Harry & David...

CoreLogic, Inc. (CLGX) said Tuesday that it has completed the sale of its Collateral Solutions and Field Services business units to Mortgage Contracting Services, LLC. The Collateral Solutions and Field Services units had previously been held for sale as part of the company's restructuring of its...

Biopharmaceutical company Bristol-Myers Squibb Co (BMY) said Tuesday it will settle $1.4 billion in pension obligations through the purchase of a group annuity contract from Prudential Insurance Co of America (PRU) for about 8,000 U.S. retirees and their beneficiaries who started receiving their monthly...

Synacor Inc. (SYNC) said Tuesday that it will cut about 70 jobs, or about 20% of its workforce, effective at the end of the third quarter, as part of its plans to streamline the business and focus R&D costs. Synacor also reaffirmed its revenue guidance of $25.0 million to $26.0 million for the third...

HCC Insurance Holdings Inc (HCC), Tuesday agreed to buy Producers Ag Insurance Group Inc (ProAg) from CUNA Mutual Group in an all-cash purchase of ProAg's capital stock for $110 million, subject to a net worth adjustment at closing. T The transaction is expected to close in the first quarter of 2015....

Fifth Street Finance Corp (FSC), Tuesday announced additional commitments from one new and one existing lender to its syndicated credit facility led by ING Capital LLC. As a result, the committed facility size increased by $25 million to $705 million. The facility now includes 17 lenders with an accordion...