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Breitburn Energy Partners LP (BBEP) on Sunday announced a $1 billion strategic investment in the company by EIG Global Energy Partners. Elaborating on the transaction with EIG, Breitburn said it has agreed to sell $350 million of perpetual convertible preferred units and $650 million of senior secured...

Chevron Corp (CVX) on Sunday said its wholly owned subsidiary Chevron Global Energy Inc has completed the sell down of its 135 million shares in Caltex Australia Limited at a share price of AUD$35.00. Chevron said it would receive the cash proceeds upon settlement on April 2, and reflect the gain...

Eurocement Holding, a key shareholder in Holcim Ltd (HCMLY.PK), plans to vote against the Swiss cement maker's merger with Lafarge SA (LFGEF.PK, LFRGY.PK) unless the financial terms of the deal are altered, the Wall Street Journal said Sunday, quoting a person familiar with matter. Eurocement is the...

Air Canada (AC_A.TO, AC_B.TO) provides update on AC624, after the flight crashed on runway at Halifax Stanfield International Airport in Nova Scotia. The incident occurred at approximately 24:43 AT Sunday March 29 (23:43 ET March 28). Air Canada Confirmed that AC624, YYZ-YHZ exited runway upon landing...

Robert Gabbard, president of PPL EnergyPlus, LLC, the competitive wholesale and retail energy sales subsidiary of PPL Corp. (PPL), is retiring effective April 1. Clarence Hopf, PPL Energy Supply's senior vice president-Fossil and Hydro Generation, will take on the additional responsibility of the...

Halliburton Co. (HAL) announced that its stockholders approved Halliburton's proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Inc. (BHI). In addition, Baker Hughes announced that its stockholders adopted the merger agreement and thereby...

Yahoo! Inc. (YHOO) and Microsoft Corp. (MSFT) have entered into the Tenth Amendment effective as of March 23, 2015 to the Search and Advertising Services and Sales Agreement, dated as of December 4, 2009, by and between the Company and Microsoft. As previously disclosed on February 27, 2015, Yahoo,...

Angie's List (ANGI) CEO Bill Oesterle announced that it has pulled its proposed campus expansion project on Indianapolis' Near East Side from City-County Council consideration as a result of the passage of the Religious Freedom Restoration Act. "We are putting the 'Ford Building Project' on hold until...

Best Buy Canada, a subsidiary of Best Buy Co., Inc. (BBY) - which owns and operates both Best Buy and Future Shop stores - said that it will consolidate the Future Shop and Best Buy stores and websites under the Best Buy brand, and will eliminate about 500 full-time and 1,000 part-time positions. The...

Microsoft Corp. (MSFT) acquired LiveLoop and its technology for sharing PowerPoint presentations online more easily. The terms of the deal weren't disclosed. LiveLoop has only indicated on its Web site that it is no longer accepting new users and will shut down permanently on April 24, advising users...

Intel Corp. (INTC), the world's biggest chipmaker, is in advanced talks to buy programmable chipmaker Altera Corp. (ALTR), the Wall Street Journal reported Friday, citing people familiar with the matter. It wasn't immediately clear how much Intel would pay for a deal, the Journal said. However, several...

Electric utility Dynegy Inc (DYN) on Friday said the Federal Energy Regulatory Commission has approved its $2.8 billion purchase of non-regulated Midwest Commercial Generation Business from Duke Energy Corp (DUK). Dynegy expects to close the deal on April 2. The transaction includes ownership interests...

Kidney dialysis services provider DaVita HealthCare Partners Inc. (DVA) said Friday that chief financial officer Garry Menzel is leaving to return to the biopharmaceutical industry. James Hilger will serve as interim chief financial officer effective March 30, in addition to continuing in his role...

RioCan Real Estate Investment Trust (REI_UN.TO) on Friday said it will buy Kimco Realty Corp's (KIM) 50% interest in two Canadian properties held in the RioKim joint venture, Brentwood Village and Grand Park, as part of a trade transaction. As per the terms of the deal, RioCan will buy Kimco's 50%...

Clean energy solutions provider Alter NRG Corp (NRG.TO) on Friday said it has agreed to be acquired by Harvest International New Energy Inc for C$5.00 in cash per share, or about C$147 million. The Harvest offer represents a 159% premium to Alter NRG's closing price on the Toronto Stock Exchange...

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