Breaking News

Share SHARE

Tuniu Corp. (TOUR),an online leisure travel company in China, announced Monday that it has added another 15 new regional service centers, increasing the company's penetration into China's rapidly growing lower-tier cities. With these new regional service centers, Tuniu now has a total of 75 service...

Ocwen Financial Corp.'s (OCN) Executive Chairman, William Charles Erbey, is said to resign according to a legal settlement with New York's financial regulator, the reports noted. Erbey would step down by the middle of January according to a wide-ranging proposed consent order with the New York Department...

AMG Advanced Metallurgical Group N.V. (AMVMF.PK) Monday announced the signing of a definitive agreement to sell a 40 percent equity interest in AMG Graphit Kropfmühl GmbH, by way of a capital increase in combination with a 10.33 percent equity interest in Bogala Graphite Lanka Plc., to Alterna Capital...

Telecom giant AT&T (T) has upgraded the former Alltel retail locations in South Carolina and opened them under the AT&T brand. The company also upgraded the former Alltel network in Georgia to combine the strength of Alltel's local coverage with AT&T's 4G LTE network. In early 2015, over 70,000...

Radius Health, Inc. (RDUS) reported positive top-line 18-month fracture results from the company's Phase 3 clinical trial, dubbed ACTIVE, evaluating the investigational drug abaloparatide-SC for potential use in the reduction of fractures in postmenopausal osteoporosis. On the primary endpoint, abaloparatide-SC...

Las Vegas Sands Corp. (LVS) late Sunday said the company's majority-owned subsidiary, Sands China Ltd., has received the Macao government approvals needed to complete the construction of its $2.7 billion Paris-themed integrated resort. The completion of The Parisian Macao will bring Las Vegas Sands'...

Radius Health Inc. (RDUS) announced positive top-line 18-month fracture results from the Company's Phase 3 clinical trial or ACTIVE evaluating the investigational drug abaloparatide-SC for potential use in the reduction of fractures in postmenopausal osteoporosis. On the primary endpoint, the investigational...

American Apparel, Inc. (APP) announced that its board has adopted a new, one-year stockholder rights plan that is designed to strengthen the ability of the Board of Directors to protect the Company's stockholders. Although certain standstill restrictions and voting limitations are in place through...

Mexican telecommunications regulator has on Sunday conditionally approved the acquisition of Mexican wireless company Iusacell by U.S. telecom giant AT&T, Inc (T). The deal will see AT&T buying all of Iusacell's wireless properties, including licenses, network assets, retail stores and about 8.6 million...

Spanish infrastructure company Ferrovial SA (FRRVY.PK, FRRVF.PK) said Sunday that it has ended talks to acquire Australia's Transfield Services Ltd. (TSE.AX) after the target company rejected its sweetened takeover bid. Transfield is a provider of maintenance and construction services. Shares of Transfield...

TAL Education Group (XRS), a leading K-12 after-school tutoring services provider in China, announced that it has invested approximately US$15 million in Guokr Inc., a popular mobile and web-based community for science and technology education in China, for Guokr's minority equity interest. "With...

Ma'aden and Alcoa (AA) announced that the alumina refinery at their joint venture aluminum complex in Saudi Arabia produced its first alumina from Saudi Arabian bauxite. The alumina refinery at Ras Al Khair is the first ever refinery to be constructed and operated in the region. The company noted...

21st Century Fox, Inc. (FOXA, FOX) blocked DISH customer access to Fox News Channel and Fox Business Network, as the media conglomerate introduced other channels into negotiations despite those channels not being included in the contract up for renewal, Dish said in a statement early Sunday morning. Dish...

A U.S. district court judge rejected a proposed settlement in shareholders' lawsuits over Hewlett-Packard Co.'s (HPQ) controversial $11.1 billion takeover of British software company Autonomy Corp in 2011. District Judge Charles Breyer said the proposed settlement improperly protected the HP directors,...

Generic drug maker Actavis plc (ACT) is considering Spanish drugmaker Almirall SA (LBTSF.PK) as one of several possible takeover targets, Bloomberg reported citing people familiar with the matter said. The report said that Actavis has identified Almirall, which could be valued at about 3 billion euros...