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Tuesday Morning Corp. (TUES) said that Melissa Phillips, President and Chief Operating Officer, has resigned from the Company and the position of Chief Operating Officer has been eliminated. With Phillips' departure, Steven Becker, will assume additional responsibilities as President. The company...

Biogen Inc. (BIIB) announced it has agreed to enter into a settlement and license agreement with Forward Pharma, subject to the approval of Forward Pharma's shareholders and other customary conditions. The license agreement will provide Biogen an irrevocable license to all intellectual property owned...

Rex Energy Corp. (REXX) announced its two-year financial and operational plan and provided a financial update. Rex Energy's net operational capital expenditures for 2017 are expected to be in the range of $70.0 - $80.0 million, with approximately 80% allocated to the development of the Marcellus and...

Financial services company Comerica Inc. (CMA) reported Tuesday that its fourth-quarter net income attributable to common shares was $163 million, compared to $115 million a year ago. Earnings per share climbed to $0.92 from $0.64 last year. On average, 28 analysts polled by Thomson Reuters expected...

Tiffany & Co. (TIF) reported that Worldwide net sales for the two months ended December 31, 2016 were $966 million, slightly above $961 million a year ago, with sales growth in Asia-Pacific and Japan largely offset by lower sales in the Americas and Europe. worldwide comparable store sales declined 2%. On...

Hyundai Motor Co.(HYMLF.OB) and affiliate Kia Motors Corp will invest as much as $3.1 billion in the U.S. The announcement comes as auto makers face pressure from the incoming U.S. administration to manufacture more vehicles in the U.S. The South Korean automotive group said it will spend the money...

Huntsman Corp. (HUN) announced it has decided to retain the Textile Effects business and exclude it from the planned Pigments and Additives spin-off. Huntsman also announced that the name of its planned spin-off will be Venator Materials Corporation. Venator shares are expected to trade on the NYSE under...

Electric utility Dynegy Inc. (DYN) Tuesday said it will reprice its $2 billion Term Loan C, which will be incurred in connection with the pending ENGIE portfolio acquisition. The company will also upsize the term loan by $224 million to refinance its existing Term Loan B due in 2020 and extend the maturity...

Pattern Energy Group Inc. (PEGI, PEG.TO), an independent power company, announced Tuesday that it proposes to offer $350 million aggregate principal amount of senior notes due 2024 to qualified institutional buyers and to certain non-U.S. persons. The offering will be subject to market conditions and...

Bombardier Transportation (BBD_B.TO, BBD_A.TO) confirmed the company has received an official notice from French national railways SNCF to supply, in consortium with Alstom, 71 new trains for the RER lines D and E of the greater Paris network. The order is valued at 1.16 billion euros ($1.22 billion)...

Walmart (WMT) announced the company is planning $6.8 billion of capital investments in the U.S. in the coming fiscal year, which includes construction and remodeling of stores, clubs and distribution centers, as well as the expansion of new services such as Online Grocery Pickup. The investments in the...

Merck (MKGAY.PK) announced that, as of April 1, Michael Heckmeier, currently Head of the Pigments & Functional Materials business unit, will become Head of the Display Materials business unit within Performance Materials. Display Materials includes the Liquid Crystals business. Friedhelm Felten,...

Glance Technologies Inc. (GLNNF.PK) announced Glance Pay's 2017 revenue strategy and portfolio now includes processing fees for mobile payment transactions, a monthly fee package, in app marketing and digital marketing solutions, customer intelligence and feedback, competitive merchant services for non-mobile...

Micro Focus International plc. (MCRO.L) said that Chris Hsu, currently Chief Operating Officer of Hewlett Packard Enterprise Co. (HPE) and Executive Vice President of HPE Software, will become CEO of the Enlarged Micro Focus Group following completion of the Micro Focus/HPE Software Merger. On 7 September...

The search for Malaysia Airlines Flight MH370, almost three years after it disappeared, has been suspended, the three nations conducting the massive search announced. On March 8, 2014, Flight 370 vanished from radar on its way to Beijing from Kuala Lumpur with 239 people on board. The passengers were...

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