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Alcoa (AA) announced it will permanently close the company's Poços de Caldas primary aluminum smelter in Brazil on June 30, 2015. The company said the smelter has been curtailed since May 2014 and the underlying market conditions that led to the curtailment have not improved. Alcoa said the closure...

Manny, Moe & Jack (PBY), an automotive aftermarket service and retail chain, today announced that its Board of Directors has commenced a review of strategic alternatives to enhance shareholder value, including a possible sale, merger or other form of business combination or strategic transaction. The...

GTT Communications, Inc. (GTT) and AT&T (T), said they have signed a long-term, bilateral agreement for their IP networks. As the Internet continues to evolve, collaborations between Internet providers facilitate the dynamic, robust and reliable exchange of Internet traffic. "We are pleased that...

GEA Group AG (GEAGF.PK, GEAGY.PK) announced it has acquired Hilge, a supplier of hygienic pumps, especially stainless steel pumps for food and beverage applications, based at Bodenheim, Germany. GEA Group said Hilge's product range is complementary to the offering of its flow components portfolio....

Allscripts (MDRX) and NantHealth, a cloud-based information technology company, announced they have taken a significant step forward in their strategic partnership through two cross-investments and a strengthening of their commercial agreement. The investments include Allscripts' purchase of a 10% equity...

Cisco (CSCO) Tuesday said it intends to acquire OpenDNS, a privately held security company based in San Francisco, which provides advanced threat protection for any device, anywhere, anytime. Under the terms of the agreement, Cisco will pay $635 million in cash and assumed equity awards, plus retention...

Sun Life Investment Management and Prime Advisors, Inc. announced an agreement whereby Sun Life Financial Inc. (SLF.TO, SLF) will purchase Prime from the firm's current owners. The transaction is expected to close in the third quarter of 2015. Prime is an investment management firm specializing in...

Willis Group Holdings (WSH) and Towers Watson (TW) announced that they signed a definitive merger agreement by which they will combine in an all-stock merger of equals transaction. Based on the closing prices of Willis and Towers Watson common stock on June 29, 2015, the implied equity value of the...

Fiat Chrysler Automobiles N.V. (FCAU) announced it has successfully completed the syndication to a group of twenty-four banks of the committed revolving credit facility entered into on June 9, 2015. The size of the credit facility was increased from the original amount of 4.8 billion euros to 5.0 billion...

Packaged foods company ConAgra Foods, Inc. (CAG) reported fourth-quarter net income attributable to the company of $209.2 million, or $0.48 per share, compared to net loss of $324.2 million, or $0.77 per share, in the prior-year quarter. For the quarter, earnings per share from continuing operations...

Telesta Therapeutics Inc. (TST.TO, BNHLF.PK) announced it has submitted electronically a Biologics License Application to the U.S. FDA for MCNA, the company's biologic immunotherapeutic for the treatment of high-risk non-muscle invasive bladder cancer patients who have failed first-line BCG therapy....

General Electric Company (GE) announced that Sumitomo Mitsui Banking Corporation Europe Limited, a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation, has made an agreed offer to acquire GE's European Sponsor Finance business for approximately $2.2 billion. The business is a provider of sponsor...

Daqo New Energy Corp. (DQ) announced that it has appointed Ming Yang as Chief Financial Officer or CFO, effective July 6, 2015. The company also announced that Tracy Tianqun Zhou, currently Chief Marketing Officer, is leaving the company to pursue personal endeavors, effective June 30, 2015. Succeeding...

Egalet Corp. (EGLT) reported top-line results from a Category 3 human abuse liability study of Egalet-002, an abuse-deterrent, extended-release, oral oxycodone product candidate in late-stage clinical development for the management of pain severe enough to require daily, around-the-clock opioid treatment...

Emerson Electric Co. (EMR) Tuesday announced its plans to spin off its Network Power business and explore other strategic actions. The spin off will be through a tax-free distribution to shareholders and will result in two separate companies with distinct strategies and investment profiles. Emerson...

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