Breaking News

Share SHARE

American Airlines said Friday that it has reached a tentative agreement with the Association of Professional Flight Attendants on a new joint collective bargaining agreement covering more than 24,000 flight attendants. The Association of Professional Flight Attendants will be communicating details...

Italian home furniture company Natuzzi S.p.A. (NTZ) Friday reported second-quarter net loss of 14.8 million euros ($20.2 million), compared with a loss of 14.2 million euros ($19.5 million) last year. On a per share basis, loss for the quarter was 0.27 euros ($0.37), compared with a loss of 0.26 euros...

As expected, thousands of Apple fanatics made a beeline outside stores of Apple Inc. (AAPL) and wireless companies on Friday for the debut of the latest iPhones. Apple's latest smartphone offerings, iPhone 6 and iPhone 6 Plus, started retailing today in the U.S., Australia, Canada, France, Germany,...

Atlantic Tele-Network, Inc. (ATNI) said Friday that its Board of Directors has declared a quarterly dividend of $0.29 per share, payable on October 10 to stockholders of record as of September 30. This is the sixteenth consecutive annual increase in the company's dividend and represents an increase...

Shares of Chinese e-commerce giant Alibaba Group Holding Ltd. (BABA) surged in their trading debut on the New York Stock Exchange Friday following a highly successful initial public offering. Alibaba on Thursday priced its IPO of about 320.11 million American depositary shares at $68 per ADS, the...

VirnetX Holding Corp (VHC), an Internet security software and technology company, said Friday the USPTO terminated partially certain inter partes reexamination proceedings initiated by Cisco Systems Inc. In particular, the USPTO has terminated the reexamination proceedings with respect to certain...

Fidelity Southern Corp (LION), holding company for Fidelity Bank, said Friday it completed the acquisition of the deposits of six branches of CenterState Bank of Florida, N.A. In connection with the acquisition, the Bank assumed about $174.2 million in deposits at a deposit premium of 1.5%. Fidelity...

Violin Memory, Inc., (VMEM) said Friday that it has priced its offering of $105.0 million aggregate principal amount of convertible senior notes due 2019 in a private placement. The company has granted the initial purchaser of the notes an option to purchase up to an additional $15.0 million aggregate...

Shares of Chinese online retail giant Alibaba Group Holding Ltd. (BABA) is expected to open between $87 and $89 on Friday, well above its IPO pricing of $68, according to reports. The Chinese e-commerce company on Thursday had priced its much-awaited IPO at $68 per American Depositary Share, at the...

Life insurance provider GWG Holdings, Inc. (GWGH) priced its registered initial public offering of its common stock at a price of $12.50 per share. The company estimates that it will sell 800,000 shares of common stock, resulting in net proceeds of about $9.03 million after the deduction of underwriting...

PDC Energy, Inc. (PDCE) announced the execution of a binding agreement to settle the securities class action pending against the company and its wholly-owned merger subsidiary regarding the acquisition of certain partnerships in 2010 and 2011. The company said this class action, which was brought...

Paragon Offshore Plc (PGN) Friday announced its plans to initiate a quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis. Paragon anticipates that the first quarterly dividend would be declared in November 2014 and paid shortly thereafter. The company noted that...

Accenture (ACN), in cooperation with SAP SE (SAP), announced the launch of an Upstream Solution for Independents, an end-to-end technology platform designed for medium- and small-sized independent oil and gas companies in North America. Leveraging the SAP HANA Cloud Platform, the solution has been...

Packaged food company General Mills, Inc. (GIS) said in a regulatory filing that it would close two plants to cut costs, leading to elimination of about 680 positions. In the second quarter of fiscal 2015, the firm approved a restructuring plan to consolidate yogurt manufacturing capacity and exit...

Blackstone Mortgage Trust, Inc. (BXMT) Friday announced the pricing of an underwritten public offering of 8 million shares of its class A common stock. The underwriters have been granted a 30-day option to purchase up to an additional 1.2 million shares. The offering is expected to close on September...