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The U.S. Department of Justice's antitrust division is nearing a recommendation to block Comcast Corp's (CMCSA, CMCSK) proposed $45.2 billion acquisition of Time Warner Cable Inc. (TWC), Bloomberg reported Friday, citing people familiar with the matter. According to the Bloomberg report, staff attorneys...

FCA US LLC (FCAU) said that Ram truck owners from seven U.S states and Canada helped the Ram Truck brand set a new Guinness World records title for the largest parade of pickup trucks, Saturday, April 18, in Arlington, Texas. 451 Ram trucks participated in the "Ram Truck Round-up," breaking the previous...

Sorrento Therapeutics, Inc. (SRNE), a late-stage clinical oncology company, said it has scheduled three preclinical abstracts for poster presentations at the 106th Annual Meeting of the American Association for Cancer Research or AACR, to be held April 18-22, 2015 in Philadelphia, Pennsylvania. The...

Ignyta, Inc. (RXDX), a precision oncology biotechnology company, said it will make three poster presentations at the 106th Annual Meeting of the American Association for Cancer Research or AACR, being held April 18-22, 2015 in Philadelphia, Pennsylvania. Each of the presentations will highlight the...

Aurigene announced the company and its partner Curis Inc. (CRIS) will be presenting data from two programs at the American Associate of Cancer Research Annual Meeting. Aurigene will present data for its Nicotinamide phosphoribosyltransferase (NAMPT) small molecule inhibitors program, which is currently...

Australian police, after a series of raids, arrested five teenagers who were planning for a terrorist attack next week. The five member team, all aged 18-19 years, was inspired by Islamic State outfit. They were targeting a high profile attack on April 25 at the Anzac Day, the centenary celebration...

A suicide bomb attack in Jalalabad in Afghanistan killed 33 people and more than 100 were injured. The explosion was outside New Kabul bank in eastern Nangarhar province and police suspect that the suicide bomber came in a bike. There was a second explosion, probably from a bomb tied to a motorcycle,...

Gas explosion in Fresno in California injured 11 people on Friday afternoon. Pacific Gas and Electric Co. (PG&E) said workers who are not affiliated with the company have struck a 12-inch natural gas transmission pipeline and the gas leaked was ignited due to the dig-in.

Aerial pictures published by the U.S. based Center for Strategic and International Studies showed that China is constructing an air strip at the South China Sea. The airstrip in the artificial island is said to be more than 3 kilometers long and can accommodate aircraft of any type. The airstrip...

Former Iraqi President Saddam Hussein's right-hand Izzat Ibrahim al Douri was reported killed in a fighting in North Baghdad. He is believed to be behind the recent insurgency in the State, with the backing of ISIS. Douri was one among the most wanted Saddam-era leaders and he has been evading since...

EXCO Resources, Inc. (XCO) said Friday that it has appointed Harold Jameson as Chief Operating Officer, effective April 17. Jameson most recently served as EXCO's Vice President of Development & Production with primary responsibilities including EXCO's horizontal shale development drilling programs...

Chiese e-commerce giant Alibaba Group Holding Ltd. (BABA) said Friday that it has received notices from Zhejiang Price Bureau that the company has been fined RMB500,000, or about US$81,000, for matters related to Singles Day pricing by third-party sellers on its Tmall marketplace in 2013 and 2014 and...

Berkshire Hills Bancorp Inc (BHLB) on Friday said it has completed the acquisition of Hampden Bancorp Inc, and the merger of Hampden Bank into Berkshire Bank, effective today. Shareholders of Hampden Bancorp as of the close of business on April 17 will receive 0.81 shares of Berkshire common stock...

Warehouse operator Costco Wholesale Corp (COST) on Friday said it has reauthorized a common stock repurchase program of up to $4 billion. The program expires in April 2019 and replaces the current program under which about $2.5 billion remains unused. The company also said its board declared a quarterly...

Chemical Financial Corp. (CHFC) reported first quarter net income of $17.8 million or $0.54 per share, compared to $13.8 million or $0.46 per share for the year-ago quarter. Excluding nonrecurring transaction-related expenses, adjusted net income for the latest quarter was $18.7 million or $0.57 per...

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