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Energy giant BP Plc (BP.L, BP_UN.TO, BP), together with the Ministry of Oil & Gas of the Sultanate of Oman, announced Monday that production has begun from the giant Khazzan gas field ahead of schedule and under budget. The field is operated by BP in partnership with Oman Oil Company Exploration and...

Consumer goods giant Unilever plc (UN, ULVR.L, UL) Monday said it has agreed to acquire Carver Korea, a skincare business in North Asia, for 2.27 billion euros from Bain Capital Private Equity and Goldman Sachs. The transaction is subject to customary regulatory approvals. Carver, which has become...

Shares of Imagination Technologies Group plc. (IMG.L) were climbing around 33 percent in the early morning trading in London after the multimedia, processor and communications technology company said it has reached an agreement on the terms of a recommended offer for the Group at 182 pence per Imagination...

Cenovus Energy Inc. (CVE.TO, CVE) Monday announced that it has entered into a definitive agreement to sell its Suffield crude oil and natural gas operations in southern Alberta to International Petroleum Corp. for gross cash proceeds of C$512 million. The parties have also agreed to a deferred purchase...

Specialty pharmaceutical company Indivior PLC (INDV.L) announced Monday that its U.S. subsidiary, Indivior Inc., together with Monosol Rx, LLC, entered into a settlement agreement with Mylan Pharmaceuticals Inc., Mylan Technologies Inc., and Mylan N.V. The deal is to resolve patent litigation related...

Swiss engineering firm ABB Ltd.(ANN.L, ABB) said Monday that it agreed to buy GE Industrial Solutions, GE's global electrification solutions business, for $2.6 billion. GE Industrial Solutions is headquartered in Atlanta, Georgia, and has about 13,500 employees around the world. In 2016, GE Industrial...

Ballard Power Systems (BLDP, BLDP.TO), a provider of clean energy products, and its subsidiary Protonex Technology Corp. announced Monday that the U.S. Army Program Executive Office Soldier or PEO-Soldier has received signature approval for its Mobile Soldier Power Program of Record to full rate production...

MarketAxess Holdings Inc. (MKTX), an operator of a global electronic trading platform for fixed-income securities, announced Monday the approval by the Monetary Authority of Singapore or MAS to operate as a Recognised Market Operator or RMO. The company, which provides market data and post-trade...

TAT Technologies Ltd. (TATT), through its subsidiary Piedmont Aviation Component Services, said that it has been awarded a 5 years Auxiliary Power Unit Maintenance Support for a large fleet of Boeing and Airbus aircrafts, estimated at up to $40 million in revenue. Maintenance work will be done at...

General Electric Co (GE) is nearing deal to sell its industrial solutions unit to Swiss engineering firm ABB Ltd.(ANN.L, ABB) in a deal valued at $2.5 billion to $3 billion, the Bloomberg reported, citing people with knowledge of the matter. The companies are likely to announce an agreement by next...

French speed-train maker Alstom SA (AOMFF.PK, ALS.L) confirmed that it was in discussions with Siemens about a possible combination of Alstom with Siemens Mobility Division. "No final decision has been made, discussions are ongoing and no agreement has been reached," Alstom said in a statement Friday....

Shares of Hewlett Packard Enterprise (HPE) have moved notably higher over the course of the trading day on Friday, climbing by 3 percent.

After an initial move to the downside, shares of Presidio (PSDO) have climbed well off their lows of the session but remain in the red in afternoon trading on Friday.

Shares of CarMax (KMX) remain notably higher in afternoon trading on Friday. After reaching its best intraday level in over two-years, CarMax is currently up by 7.7 percent.

After gapping open sharply lower, shares of Versartis (VSAR) continue to see substantial weakness in afternoon trading on Friday.

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