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Halcón Resources Co. (HK), in an update on its balance sheet initiatives, said that it has no formal plan or strategy in place at this time but continues to review options with respect to further restructuring its balance sheet. The Company does not intend to comment on inaccurate media reports related...

Cigna (CI) announced it has entered into an outcomes-based contract with Novartis for Entresto, which was approved by the U.S. FDA for the treatment of heart failure with reduced ejection fraction. The agreement is effective for Cigna's commercial business. Cigna noted that the pay-for-performance...

Pfizer Inc. (PFE) announced the executive leadership team for the combined Pfizer and Allergan plc (AGN) business following the close of the proposed transaction. "We are designing the combined company to preserve and enhance our option to potentially separate the innovative and established businesses...

Archer Daniels Midland Co. (ADM) said that it has agreed to acquire from Tate & Lyle (TATE.L) a Casablanca, Morocco-based corn wet mill that produces glucose and native starch. The acquisition is subject to regulatory approval. ADM targets closing during the first half of 2016.

While reporting its fourth-quarter financial results today, automobile insurer Mercury General Corp. (MCY) said its board of directors declared a quarterly dividend of $0.62 per share. The dividend will be paid on March 31, 2016 to shareholders of record on March 17, 2016.

Lennox International Inc. (LII) reiterated its 2016 guidance for revenue growth of 4-8% at constant currency; the company now expects a negative 1 point impact from foreign exchange for revenue growth of 3-7% at actual currency. The company also reiterated adjusted and GAAP EPS from continuing operations...

Volkswagen AG's (VKW.L, VLKAF.PK, VOW.BE) heavy-truck division is exploring options for growth that could include acquisitions and an initial public offering, Bloomberg reported. Trucks chief Andreas Renschler reportedly said that the U.S., the only major market where the unit has no significant presence,...

Brixmor Property Group Inc. (BRX) said it has named Daniel Hurwitz, former CEO of DDR Corp. and the founder and CEO of Raider Hill Advisors, LLC, as interim chief executive officer with immediate effect. Hurwitz will also be appointed to serve on the company's board of directors. Further, Brixmor...

Tahoe Resources Inc. (TAHO, THO.TO) and Lake Shore Gold Corp. (LSG.TO) announced that they have entered into a definitive agreement whereby Tahoe will acquire all of the issued and outstanding shares of Lake Shore Gold. The implied equity value of the deal is equal to C$945 million. Under the terms...

Cytori Therapeutics, Inc. (CYTX) announced top-line data as part of the pre-specified partial unblinding of 24 week follow-up data from the company's ACT-OA trial. The company noted that the data suggested beneficial effect of ECCO-50 for knee osteoarthritis. The trial is a U.S. phase II randomized,...

Apollo Education Group, Inc. (APOL) announced a definitive agreement to be acquired by a consortium of investors including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC (APO), and Najafi Companies for $9.50 per share in cash. Upon completion of the deal, Apollo Education...

Canadian power company Emera Inc. (EMA.TO) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act"), in connection with the acquisition of TECO Energy (TE) by Emera. Expiration of the waiting period provides antitrust clearance...

Consol Energy Inc. (CNX) said it has nominated Bernard Lanigan Jr., Joseph Platt and Edwin Roberson to its board of directors for election at its annual meeting of shareholders scheduled for May 11, 2016. The other nominees include eight current members of the board. The company also said it has elected...

Sirona Dental Systems Inc. (SIRO) Monday announced an increase in first quarter net income attributable to the company of $51.3 million from $46 million last year. On a per share basis, earnings rose to $0.91 from $0.82 last year. Adjusted net income was $56.2 million or $0.99 per share. On average,...

Diamond Offshore Drilling, Inc. (DO) and GE Oil & Gas (GE) announced a contractual service agreement that transfers full accountability for BOP performance to GE Oil & Gas. Under the arrangement, GE Oil & Gas will provide engageDrilling Services for Blowout-preventer (BOP) systems on Diamond Offshore's...

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