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Navios Maritime Holdings Inc (NM), a seaborne shipping and logistics company, Monday reported third-quarter net loss to stockholders of $16.6 million or $0.20 per share compared with a loss of $13 million or $0.13 per share last year. Revenues for the quarter were $152.6 million compared with $122.3...

CDW Corp. (CDW) said Monday that its subsidiaries CDW LLC and CDW Finance Corp. plan to offer $575 million in aggregate principal amount of senior notes due 2024 in an offering registered under the Securities Act of 1933, as amended. The issuers plan to use the proceeds from the Notes Offering,...

Ericsson (ERIC) and IBM (IBM) on Monday announced a collaboration to jointly research phased-array antenna designs for 5G, allowing networks to provide customers with data speeds orders of magnitude faster than what is available currently. As mobile device manufacturers race to provide the latest...

Specialty materials company Allegheny Technologies Inc (ATI) said Monday it has received an additional order for its nickel-based alloy plate to be used in a large oil & gas pipeline project. ATI previously announced that it had booked initial orders for this project. Shipments are scheduled to begin...

A. Schulman, Inc. (SHLM) announced the appointment of Brent Middleton as Vice President or VP and General Manager, United States and Canada. Middleton will be responsible for driving further growth in the company's and Canadian business and will become a member of the Senior Leadership Team. In addition,...

Amgen Inc. (AMGN) announced that it has terminated all of its sponsored clinical studies of rilotumumab in advanced gastric cancer, including the Phase 3 RILOMET-1 and RILOMET-2 studies. The company noted that its decision was based on a planned safety review by the RILOMET-1 independent data monitoring...

Bristol-Myers Squibb Co. (BMY) and Five Prime Therapeutics, Inc. (FPRX) announced that they have entered into an exclusive clinical collaboration agreement to evaluate the safety, tolerability and preliminary efficacy of combining Opdivo (nivolumab), Bristol-Myers Squibb's investigational PD-1 (programmed...

Alternative asset manager Carlyle Group (CG) is looking to raise as much as $5 billion for a fund that can hold stakes in companies for as long as 20 years, joining private equity firms such as Blackstone Group LP (BX) and CVC Capital Partners Ltd. in seeking more permanent capital from investors, Bloomberg...

Altisource Portfolio Solutions S.A. (ASPS) Monday announced that it has acquired Owners.com business to expand Altisource's growing position in the residential real estate industry. Altisource purchased the company for $20 million at closing and up to an additional $7 million in potential consideration...

AmTrust Financial Services, Inc. (AFSI) announced that it has entered into a definitive agreement, pending regulatory approval, to acquire for cash, CorePointe Insurance Company, a wholly-owned subsidiary of CorePointe Group LLC. The company said the transaction is expected to be immediately accretive. AmTrust...

Healthcare company PerkinElmer Inc. (PKI) Monday said it agreed to acquire Swedish Perten Instruments Group AB, a maker of food quality control instruments, for about $266 million. The company expects the acquisition to add minimally to its adjusted earnings per share in 2014. Jon DiVincenzo, president...

Newell Rubbermaid Co. (NWL) Monday said Joseph Arcuri will join the company as President, Home Solutions business segment, from December 1. He will be responsible for the top brands like Rubbermaid, Calphalon, Goody and Levolor and the recently acquired Contigo, Avex, and bubba brands. Arcuri comes...

Wal-Mart Stores Inc. (WMT) announced Monday that its Board has appointed Tom Horton, former chairman and Chief Executive Officer of American Airlines, as a new member of the company's Board, effective November 21. The company noted that Horton became the 16th member of the Board and will also serve...

Crestwood Equity Partners LP (CEQP) and Crestwood Midstream Partners LP (CMLP) announced that Crestwood Equity has entered into definitive agreements to sell 100% of the membership interest in Tres Palacios Gas Storage LLC to a newly formed joint venture between Crestwood Midstream and an affiliate of...

Computer storage device maker Seagate Technology plc (STX) Monday said it intends to offer up to $300 million aggregate principal amount of senior notes in a private placement. The Notes are expected to be issued by Seagate HDD Cayman, an indirect wholly owned subsidiary of Seagate Technology and...