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Siemens (SIE.DE) said it plans to offer more than $6.1 billion or 3.71 billion pounds, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand Group Inc. (DRC). It is noted that a bid by Siemens would pit the company with Swiss pump maker Sulzer (SUN.S) which said on Wednesday it was...

Communications and aviation electronics maker Rockwell Collins, Inc. (COL) said it expects fiscal 2015 earnings per share in the range of $4.90 to $5.10, revenues between $5.2 billion and $5.3 billion and cash flow from operations of $675 million to $775 million. Analysts polled by Thomson Reuters expect...

Soligenix, Inc. (SNGX), a late-stage biopharmaceutical company in the areas of inflammation, oncology and biodefense, announced Friday that it has been awarded a contract valued at up to $24.7 million inclusive of options by the US Department of Health and Human Service's National Institutes of Health...

China Sunergy Co., Ltd. (CSUN), a specialized solar cell and module manufacturer said on Friday that its Chief executive officer Stephen Zhifang Cai has resigned from the company due to personal reasons.Tingxiu Lu, Chairman of the board and one of the company's founders, will rejoin the company's executive...

The European Commission has granted marketing authorization for Zydelig to treat two incurable blood cancers, Gilead Sciences, Inc. (GILD) said Friday. The European Commission has approved treatment using Zydelig to treat follicular lymphoma, and chronic lymphocytic leukemia in combination with rituximab. Zydelig...

Canadian telecommunications company Telus Corp. (TU, T.TO) said that the new iPhone 6 and iPhone 6 Plus are now available for purchase in stores across Canada. iPhone 6 is available starting at C$265 for the 16GB model and iPhone 6 Plus is available starting at C$375 for the 16GB model both on two-year...

Patterson-UTI Energy Inc.(PTEN), which owns and operates fleets of land-based drilling rigs, announced Friday that its subsidiary has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company. The company did not reveal the terms of the deal. The pending...

Patterson UTI-Energy (PTEN) Friday said that one of its units will buy the Texas-based pressure pumping assets of a privately held company. The acquisition will include 143,250 horsepower of hydraulic fracturing equipment and will provide Patterson-UTI with two additional bases of operations and...

ICON Public Limited Co. (ICLR) announced the completion of a $40 million buyback of the company's ordinary shares through open market acquisitions at an average price of $49.87. Further, ICON also announced a program under which the company can acquire up to an additional $100 million of its outstanding...

French oil and gas giant Total SA (TTA.L, TTFNF.PK, TOT) Friday said that it has received an offer from its former specialty chemicals division Arkema (ARKAY.PK) to acquire its adhesives unit Bostik. Arkema's offer values Bostik at 1.74 billion euros or around $2.25 billion, representing 11 times the...

Mitsubishi Motors Corp. (7211, MMTOF.PK) and Fiat Group Automobiles (FIATY.PK) announced the signing of a non-binding Memorandum of Understanding or MoU on the possibility of developing and manufacturing a mid-size pick-up truck. The pickup truck would be supplied by Mitsubishi, and would be based on...

Mobile Tornado Group plc (MBT.L), an instant communications services provider for mobile devices, Friday reported that its first-half loss before tax was 1.35 million pounds, compared to last year's loss of 1.40 million pounds. Loss after tax narrowed to 1.1 million pounds or 0.5 pence per share from...

French media giant Vivendi SA (VIV.L, VIVEF.PK) had signed a final definitive deal with Spanish telecom operator Telefonica (TDE.L, TEF) regarding the acquisition of its Brazilian broadband unit, GVT. Vivendi said it would receive 4.66 billion euros in cash, a 7.4 percent stake in the combination...

BrainJuicer Group PLC (BJU.L), the innovative international market research agency, reported that its profit attributable to equity holders of the Company for the six months ended 30 June 2014 rose to 1.02 million pounds from last year's 0.87 million pounds, with earnings per share improving to 7.5 pence...

UK-based advertising giant WPP Plc (WPP.L, WPPGY) Friday said its unit Y&R Advertising has agreed to acquire the creative and research agency of Mongolian conglomerate MCS Holding LLC. The creative and research agency, which was established in 2008, provides a range of services, including advertising...