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Northern Blizzard Resources Inc. (NBZ.TO) said it has reduced its capital program for 2015 by 40 percent in response to the significant decline in crude oil prices. The capital program for 2015 has now been reduced from C$215 million to C$130 million. As a result, the company's estimated 2015 production...

SeaChange International, Inc. (SEAC) said Monday that it has entered into a binding agreement to acquire TLL, LLC which does business as Timeline Labs, a privately-owned, California-based SaaS company that enables local broadcasters, local and national news organizations, cable news channels and other...

Vanda Pharmaceuticals Inc. (VNDA) said Monday that it has reached a settlement agreement with Novartis AG (NVS) related to the ongoing Fanapt license arbitration proceedings. The parties have agreed to dismiss the ongoing Fanapt arbitration and to release each other from any related claims. As...

Sky Solar Holdings, Ltd. (SKYS) said Monday that Weili Su, Chairman of the Board and founder of the company, has been appointed to an additional role as the new Chief Executive Officer. He will be responsible for managing the daily operations of the company. Su is the founder of Sky Solar Holdings...

Electronics For Imaging Inc. (EFII), Monday said its CFO David Reeder has resigned from the company and accepted the position of Chief Financial Officer at Lexmark International Inc. (LXK). David will remain with EFI through January 9 to ensure a smooth transition. The company intends to appoint Marc...

Bristol-Myers Squibb Co. (BMY) said Monday that the U.S. Food and Drug Administration has approved Opdivo, a new treatment for patients with unresectable or metastatic melanoma who no longer respond to other drugs. Opvido was approved under the FDA's accelerated approval program, which allows approval...

Advanced Energy Industries Inc. (AEIS) on Monday said it has started to explore strategic alternatives for its Solar Inverter business, which includes a sale, joint venture and other alternatives. The company said its considering various options including a sale, joint venture, partnership, licensing...

Goldman Sachs Group, Inc. (GS) said Monday that it has completed the sale of Metro International Trade Services to a subsidiary of Reuben Brothers. Metro International Trade Services is a global warehouse operator, specializing in the storage of non-ferrous metals for the London Metal Exchange. Terms...

Lexmark International Inc. (LXK) Monday announced the appointment of David Reeder as Chief Financial Officer, effective Jan. 9, 2015. Previously, Reeder served as CFO for Electronics for Imaging (EFII) since January 2014, with responsibilities for finance, accounting, IT, real estate, security and...

Chesapeake Energy Corp. (CHK) said Monday that it has closed the sale of its assets in the Southern Marcellus Shale and a portion of the Eastern Utica Shale to Southwestern Energy Co. (SWN) for net proceeds of $4.975 billion. The $400 million adjustment to the previously reported $5.375 billion sale...

AMN Healthcare Services, Inc. (AHS), Monday announced the acquisition of Avantas, a provider of clinical labor management services. The purchase price includes an initial payment of $16.5 million, with an earn-out potential of up to $8.5 million based on future operating performance. The acquisition...

Innophos Holdings Inc. (IPHS) on Monday said its board has authorized a new stock repurchase program of $125 million, or about 10 percent of its market capitalization. The program will begin on January 1, 2015 and is expected to remain active for 12 months. Chief Executive Randy Gress said, "Our...

Peerless Systems Corp. (PRLS) said Monday that it has agreed to be bought by Mobius Acquisition, LLC for $7.00 per share in cash, pursuant to a cash tender offer and second step merger. Under the terms of the agreement, Peerless shareholders will receive $7.00 in cash for each share of Peerless common...

Steelcase Inc. (SCS) today reported third quarter net income of $11.8 million or $0.09 per share, compared to $23.0 million or $0.18 per share for the year-ago quarter. Excluding restructuring costs, adjusted earnings for the latest quarter were $0.29 per share. Revenue for the third quarter...

Home Loan Servicing Solutions, Ltd. (HLSS) said Monday that its founer William Erbey will be stepping down as non-executive Chairman of the company's Board of Directors, effective January 16, 2015. The company also said that Robert McGinnis has been appointed non-executive Chairman of its board, effective...