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Prudential Real Estate Investors, a part of Prudential Financial Inc (PRU), on Wednesday said it has acquired three assisted living and memory care communities in Tennessee and Connecticut on behalf of Senior Housing Partners (SHP) V for $110 million. The acquisition is the first investment for the newly...

Online travel company Orbitz Worldwide (OWW) on Wednesday said its stockholders approved the company being acquired by Expedia Inc (EXPE). About 74 percent of the shares outstanding voted in favor of the deal, and more than 99 percent of the votes cast were in favor of the transaction, Orbitz said. In...

McDonald's Corp (MCD) will stop releasing monthly same-store sales results after June, reports said on Wednesday, as the fast food giant grapples with falling sales and increased competition. McDonald's will provide same-store sales for June with its second-quarter earnings report, then cease providing...

Specialty apparel retailer Chico's FAS Inc. (CHS) on Wednesday reported an 18 percent decline in profit for the first quarter from last year, as higher sales were offset by one-time charges and an increase in expenses. However, adjusted earnings per share matched analysts' expectations, while revenues...

Nokia Networks said it has signed an agreement to acquire Eden Rock Communications, LLC, a pioneer in SON and creator of Eden-NET, multivendor centralized SON solution. Through this acquisition, Nokia Networks aims to boost its multivendor SON radio optimization capabilities and reaffirm its vision...

Tidewater Inc. (TDW) reported fourth quarter net loss attributable to the company of $9.08 million or $0.19 per share, compared to net income of $43.42 million or $0.88 per share in the previous year. Included in latest-quarter results were charges resulting from cost reduction initiatives related...

Spiral Toys, a provider of mobile-connected wireless entertainment products, has appointed Gina Fabiano as interim chief financial officer, succeeding Robert Stewart. Fabiano has been serving as a business development and financial consultant to Spiral Toys, and has worked closely with executive management...

iCAD Inc. (ICAD) announced that it withdrew its full year 2015 financial guidance due to general uncertainty related to reimbursement for non-melanoma skin cancer in the United States. The company's guidance was based on the assumption that there would be no changes to the reimbursement environment...

Fortinet (FTNT) and Meru Networks (MERU) announced a definitive agreement for Fortinet to acquire Meru, a leader in intelligent Wi-Fi networking. Fortinet will pay $1.63 per Meru share in cash, an equity value of approximately $44 million. Fortinet said the acquisition adds an experienced research and...

Reliance Steel & Aluminum Co. (RS) announced that in accordance with the previously announced executive leadership succession plan, effective as of May 20, 2015, it has appointed Gregg Mollins as Chief Executive Officer or CEO and President of Reliance. David Hannah has transitioned to the role of Executive...

Halozyme Therapeutics Inc. (HALO) and Ventana Medical Systems Inc. (VMSI), a member of the Roche Group, announced a global agreement to collaborate on the development of, and for Ventana to ultimately commercialize, a companion diagnostic assay for use with Halozyme's investigational new drug, PEGPH20. PEGPH20...

Gainers: Tiffany & Co. (TIF) is up 7 percent to $91.90. The company's first quarter earnings and sales topped Street view, despite declining from the year-ago quarter. The company attributed the lower net sales and earnings to the negative effects of a stronger dollar and difficult year-over-year...

China Ming Yang Wind Power Group Limited (MY), wind turbine manufacturer in China, reported that its income for the first quarter was RMB 40.7 million or $6.6 million, compared to RMB 187.2 million in the same quarter last year. Quarterly earnings per share was RMB0.32 or $0.05, compared to RMB1.51 last...

Theravance Biopharma, Inc. (TBPH), through an affiliate, and SciClone Pharmaceuticals (SCLN), a U.S.-based, China-focused specialty pharmaceutical company, announced they have entered into a development and commercialization agreement granting SciClone exclusive development and commercial rights for...

STMicroelectronics (STM) announced that all of the proposed resolutions were adopted at the Company's Annual General Meeting of Shareholders, which was held today in Amsterdam, the Netherlands. The shareholders adopted the company's Statutory Annual Accounts for the year ended December 31, 2014; The...

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