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Xerox (XRX) said it will increase its emulsion aggregation (EA) toner capacity by 40 percent with the completion today of a nearly $35 million expansion project to help Xerox keep pace with growing EA toner product demand. The expansion has increased the plant size from 100,000 square-feet to 155,000...

Comcast Corp.'s (CMCSK) Chairman and CEO Brian Roberts issued statement regarding the Charter/Time Warner Cable/Bright House transactions. "This deal makes all the sense in the world. I would like to congratulate all the parties," Roberts said. Earlier today, Charter Communications, Inc. (CHTR)...

SFX Entertainment Inc. (SFXE) announced that it has signed a definitive merger agreement whereby an affiliate of Robert F.X. Sillerman, the Company's Chairman and Chief Executive Officer, will acquire all the outstanding common stock of SFX that he does not already own. SFX stockholders will receive...

Nordstrom Inc. (JWN) and TD Bank Group (TD, TD.TO) announced an agreement by which TD will acquire Nordstrom's existing U.S. Visa and private label consumer credit card portfolio, which currently totals approximately $2.2 billion in receivables. In addition, the two companies have entered into a separate...

ViiV Healthcare, Aurobindo Pharma, and the Clinton Health Access Initiative, Inc. or CHAI announced that Aurobindo Pharma has submitted an Abbreviated New Drug Application or ANDA for dolutegravir 50mg, for Tentative Approval, to the Food and Drug Administration or FDA, for the treatment of HIV. This...

China Lodging Group, Limited (HTHT) announced that its board of directors has appointed Jenny Zhang as Chief Executive Officer or CEO of the company, effective May 26, 2015. Jenny was previously President of the company. China Lodging said Jenny Zhang has been with the company for eight years and...

IMRIS Inc. (IMRS, IM.TO) said that the company, its subsidiary NeuroArm Surgical Ltd., and U.S. subsidiary, IMRIS, Inc. have each filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As part of the filing, IMRIS plans to...

John Hancock, a division of Manulife (MFC), said it has acquired Guide Financial, Inc., a San Francisco-based software provider for financial advisors. Terms were not disclosed. Guide Financial builds software that enables investors to make better financial decisions and build wealth, utilizing artificial...

CAE Inc. (CAE, CAE.TO) reported that its net income attributable to equity holders of the company for the fourth quarter of fiscal year 2015 rose to C$64.1 million from last year's C$60.0 million, with earnings per share improving to C$0.24 from C$0.23 in the previous year. Quarterly revenue was C$631.6...

Intellipharmaceutics International Inc. (IPCI) announced that the United States Food and Drug Administration or FDA has reviewed its request for Fast Track designation for its abuse deterrent Rexista Oxycodone XR extended-release tablets development program incorporating its Paradoxical OverDose Resistance...

Varian Medical Systems, Inc. (VAR) and Flatiron Health, inc. said that under a strategic alliance, they will develop the the next generation of cloud-based, electronic health record or EHR, data analytics and decision support software for cancer care providers around the world. Together, the companies...

EMC Corp. (EMC) announced that it agreed to acquire privately-held Virtustream, in a deal that valued the company at about $1.2 billion. The transaction has been approved by the boards of directors of both EMC and Virtustream and the requisite Virtustream stockholders. When the transaction closes,...

Aeterna Zentaris Inc. (AEZS, AEZ.TO) said Tuesday that it has received written scientific advice from the European Medicines Agency or "EMA" regarding the further development plan, including the study design, for the new confirmatory Phase 3 clinical study of Macrilen (macimorelin) for use in evaluating...

Geeknet, Inc. (GKNT), the parent company of online retailers ThinkGeek and ThinkGeek Solutions, Tuesday said it would be acquired by Hot Topic, Inc., a mall and web-based specialty retailer and a portfolio company of private equity firm Sycamore Partners, for $17.50 per share. The acquisition, which...

AutoZone Inc. (AZO) reported third-quarter net income of $309.07 million or $9.57 per share, compared to $285.16 million or $8.46 per share, prior year. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $9.52 for the quarter. Analysts' estimates typically...

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