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Chinese e-commerce giant Alibaba Group Holding Ltd is set to price its initial public offering and is expected to gain up to $25 billion, reports said. The company will announce pricing today after the U.S. market close and begin trading on Friday on the New York Stock Exchange under the symbol 'BABA'. On...

El Paso Electric Co. (EE) said that Mary Kipp, Senior Vice President, General Counsel and Chief Compliance Officer, has been appointed as President of the company. Kipp has been with El Paso Electric since December 2007, and has held various positions and has overseen several departments at the Company,...

Industrial chemical and gas producer Air Products & Chemicals, Inc. (APD) announced Thursday that it will realign itself into seven reporting segments from the first quarter of fiscal 2015 as part of a major restructuring. The realignment will be effective from October 1, which is the start of the fiscal...

Marcus Corp. (MCS), an operator of theaters and resorts, Thursday reported a decline in the first-quarter profit, as operating income from theaters fell due to lower number of summer blockbusters and family-oriented movies. Quarterly revenues rose about 2 percent. Earnings per share missed analysts'...

Environmental Tectonics Corp. (ETCC) Thursday announced that it is making a management transition. Lenfest has been named Chairman of the Board, and Robert Laurent, Jr. has been named chief executive officer, while continuing as President. The Chairman and Chief Executive Officer positions were...

Dune Energy Inc. (DUNR.OB) said that it has entered into a definitive agreement with Eos Petro Inc. (EOPT.OB) whereby Eos will acquire all of the outstanding shares of the Company for $0.30 per share in cash pursuant to an Agreement and Plan of Merger dated September 17, 2014. As per the terms of...

AT&T (T) said that customers can preorder the new Samsung Galaxy Note 4 at att.com - AT&T's fastest way to order, starting tomorrow, Sept. 19. The company said shipping for preorders is expected to begin Oct. 14 and full retail sales will be announced at a later date. AT&T was the first to launch...

Halozyme Therapeutics Inc. (HALO) said that SWOG will resume clinical trial of halozyme's PEGPH20 in combination with modified folfirinox for advanced pancreatic cancer. The company announced that the U.S. Food and Drug Administration or FDA has removed the clinical hold on patient enrollment and...

New Media Investment Group Inc. (NEWM) Thursday said it priced its public offering of 6.5 million shares of its common stock for gross proceeds of around $105,625,000, before deducting underwriting discounts and commissions and offering expenses payable by the company. In connection with the offering,...

Penn West Petroleum Ltd. (PWT.TO, PWE) Thursday reported profit for the second quarter, compared with a loss last year, mainly due to the strengthening of the Canadian dollar compared to the US dollar. Oil and natural gas sales declined from last year. The firm said it remains well on pace to meet...

Anixter International Inc. (AXE) announced that its wholly-owned operating subsidiary, Anixter Inc., will offer $400 million of senior notes due 2021 in an underwritten public offering. Anixter International Inc. will fully and unconditionally guarantee the notes, which will be unsecured obligations...

The Providence Service Corp. (PRSC) announced that it has agreed to acquire CCHN Group Holdings, Inc., or Matrix Medical Network for an aggregate purchase price of $400 million, comprised of $360 million in cash payable at closing and 946,722 shares of Providence common stock with a value of $40 million...

Intuitive Surgical Inc. (ISRG) Thursday said it obtained FDA clearance for use of the da Vinci S and da VinciSi Surgical Systems in benign, base of tongue resection procedures. These procedures involve removal or resection of non-cancerous or benign tissue at the base of the tongue, near the opening...

Kadant Inc. (KAI) announced that Thomas M. O'Brien, Executive Vice President and Chief Financial Officer , will retire from the Company at the end of June 2015. The company has begun a search to identify a successor. Mr. O'Brien will hand off his duties as CFO once a successor has been named and will...

Cutrale-Safra said an investor presentation filed on Wednesday with the Securities and Exchange Commission by Fyffes Plc (FFY.L, FYFFF) is nothing more than a desperate attempt by Fyffes to salvage its proposed transaction with Chiquita Brands International (CQB), which the investment marketplace has...