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Birch Communications Inc., a provider of business focused communications, cloud and managed services based in Atlanta, and Cbeyond Inc. (CBEY) announced Monday that they entered into a definitive agreement by which Birch will acquire Cbeyond in an all-cash transaction valued at about $323 million. The...

Diversified financial services holding company SunTrust Banks, Inc. (STI) announced a rise in first-quarter net income available to common shareholders to $393 million, or $0.73 per average common share, from $340 million, or $0.63 per average common share, last year. On average, 27 analysts polled by...

Chino Commercial Bancorp (CCBC.OB), the parent company of Chino Commercial Bank, N.A., Monday reported first-quarter net earnings of $224.42 thousand, up 31.5 from $170.64 thousand in the prior year. Earnings per share were $0.27, compared to $0.21 per share for the same quarter last year. Net...

Oilfield services provider Halliburton Co. (HAL) is slated to report first quarter results before the opening bell. The company is expected to post earnings of $0.71 per share, higher than the year-ago quarter's $0.67 per share. The Houston, Texas-based company is projected to report revenues of $7.24...

NTT Communications Corp., the ICT solutions and international communications business within the NTT (NTT) Group, Monday announced the immediate start of a free trial for its "WebRTC Chat on Skyway" web application. This application uses WebRTC technologies for browser-to-browser communication between...

Altera Corp. (ALTR) and TSMC (TSM) Monday said they have worked together to bring TSMC's patented, fine-pitch copper bump-based packaging technology to Altera's 20 nm Arria 10 FPGAs and SoCs. Altera is the first company to adopt this technology in commercial production to deliver improved quality,...

Infoblox Inc. (BLOX) announced that Thorsten Freitag has joined the company as senior vice president of global sales, effective immediately. Freitag is responsible for managing regional sales teams in the Americas, Europe/Middle East/Africa and Asia Pacific, as well as the global service provider...

Suncor Energy Inc. (SU, SU.TO) said that on Sunday, an employee died after being injured at its oil sands site. The company did not release name of the individual. Suncor emergency service personnel responded at about 11:30 a.m. when an employee was severely injured while working. The employee was...

Oil giant BP Plc (BP.L, BP_UN.TO, BP) has refused to pay for studies by the U.S. government into the oil spill in the Gulf of Mexico in 2010, arguing that it should not be forced to finance studies that the company is not allowed to see, the Financial Times reported. The government is conducting studies...

Japanese automaker Toyota Motor Corp. (TM, TYT.L) said Sunday that it plans to launch more than 15 new models in China by the end of 2017 and also strengthen its production operations in the world's largest auto market. At the 2014 Beijing Motorshow, Toyota Executive Vice President Yasumori Ihara...

Cable television operator Comcast Corp. (CMCSA, CMCSK) and Time Warner Cable, Inc. (TWC) are in early stage talks to sell three million of their subscribers to smaller rival Charter Communications, Inc. (CHTR) in a deal valued at up to $20 billion, according to a Financial Times report on Sunday. The...

Packaged food giant Kraft Foods Group, Inc. (KRFT) is recalling about 96,000 pounds of hot dogs as the products may mistakenly contain "Classic Cheese Dogs" in the "Oscar Mayer Classic Wieners" packages. The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS said Sunday that...

Aspen Insurance Holdings Ltd. (AHL) said Sunday that it has issued a letter to its shareholders, expressing serious concerns regarding a previously disclosed unsolicited bid from Endurance Specialty Holdings Ltd. (ENH) to acquire the company for $3.2 billion, or $47.50 per share. Glyn Jones, Chairman...

US pharmaceutical giant Pfizer Inc. (PFE.N) offered to acquire rival UK drugmaker AstraZeneca Plc (AZN.L, AZN) for $101 billion, or 60 billion pounds, accourding to media reports. The Sunday Times reported the takeover news citing some senior investment bankers and industry sources. The report indicated...

Barrick Gold Corp. (ABX, ABX.TO) and Newmont Mining Corp. (NEM), the world's largest gold mining companies, were in advanced talks about a merger as they grapple with a sharp drop in the price of gold, the Wall Street Journal reported Friday, citing people familiar with the matter. However, the talks...