logo

Breaking News

Share SHARE

Anglo-Dutch consumer goods giant Unilever (UL, ULVR.L, UN) said Thursday that it has agreed to buy U.S. skincare company Murad. Terms of the deal were not disclosed. Founded in 1989 in Los Angeles, Murad is the first modern doctor brand, with a mission to provide proven, efficacious products....

Invacare Corp (IVC) on Thursday said it has completed the sale of its United States medical device rentals businesses for long-term care facilities (Invacare Outcomes Management LLC and Dynamic Medical Systems LLC) for about $15.5 million in cash, subject to certain post-closing adjustments. Subject...

Curtiss-Wright Corp. (CW) said Thursday that it has sold substantially all of the assets and liabilities of its Engineered Packaging business to Atrenne Integrated Solutions, Inc., an affiliate of RFE Investment Partners. Founded in 1978, the Engineered Packaging business, located in Littleton, Massachusetts,...

NXP Semiconductors N.V. (NXPI) held an Extraordinary General Meeting of Shareholders and Freescale Semiconductor, Ltd. (FSL) held a Special General Meeting Thursday on NXP's acquisition of Freescale. Both NXP's Special Meeting and Freescale's Special General Meeting approved the merger proposal with...

Great-West Lifeco Inc (GWO.TO) on Thursday said its European subsidiary, Canada Life Group, has completed the acquisition of Legal & General International (Ireland) Ltd ("LGII"). Terms of the transaction were not disclosed. Launched in 2007, LGII was a subsidiary of Legal & General Group Plc and is...

Indian pharmaceuticals company Lupin Ltd on Thursday announced the acquisition of ZAO "Biocom" in Russia subject to certain closing conditions. The deal marks Lupin's foray into the robust Russian pharmaceutical market. Established in 1991, Biocom is a generic pharmaceutical company with focus...

Cognizant Technology Solutions Corp. (CTSH) said Thursday if the planned merger of Health Net, Inc. (HNT) and Centene Corp. (CNC) is completed, its existing seven-year master services agreement with Health Net will not be implemented due to likely overlaps in services and capabilities planned to be provided...

UK-based oil giant BP Plc. (BP.L, BP_UN.TO, BP) agreed to pay $18.7 billion to Settle claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill. The agreement with the states of Alabama, Florida, Louisiana, Mississippi and Texas also includes settlement of claims made...

German potash maker K+S Aktiengesellschaf or K+S Group's Board of Executive Directors and the Supervisory Board on Thursday rejected the unsolicited takeover proposal received from Canadian fertilizer giant Potash Corp of Saskatchewan, Inc. or PotashCorp (POT, POT.TO) after a thorough review of all aspects...

Intel Corp. (INTC), the world's largest chipmaker, said Thursday that its president Renée James has informed the company's board of directors that she will step down from the position to pursue a CEO role outside of the company. She has agreed to stay at Intel until January 2016 in order to help in a...

Cognizant Technology Solutions Corp. (CTSH) reaffirmed its fiscal 2015 guidance and provided an update on the status of its relationship with Health Net Inc. (HNT). For fiscal 2015, the company still expects Non-GAAP earnings per share to be at least $2.93, and revenue of at least $12.24 billion....

Mead Johnson Nutrition Company (MJN) announced that Michel Cup will join the company as Executive Vice President and Chief Financial Officer, effective September 1, 2015. Cup will assume responsibility for the company's global finance function and information systems and management. He will also oversee...

Airline operator Delta Air Lines, Inc. (DAL) reported Thursday operational results for the month of June 2015 that saw a 3.2 percent increase in traffic, a 2.6 percent rise in capacity and a 0.6 percentage point growth in load factor. The company noted that results include flights operated under contract...

Google's new Photo app has misidentified images of black people as gorillas. Google was alerted to the issue via Twitter by computer programmer Jacky Alcine, whose images were given the offensive tag. The company has apologized for the error and says it is taking steps to make sure it does not...

Delta Air Lines (DALRQ.PK, DAL) reported that its total system traffic expressed in Revenue Passenger Miles, or RPMs, increased 3.2 percent to 19.65 billion for June 2015 from 19.03 billion, prior year. Total system capacity expressed in Available Seat Miles, or ASMs, was 22.31 billion compared to 21.75...

Follow RTT