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Molycorp, Inc. (MCPIQ) said Thursday that it had received approval from the U.S. Bankruptcy Court on $22 million in interim debtor-in-possession financing provided by an affiliate of Oaktree Capital Management. The new funds will support operations going forward for an interim period while the company...

AAC Holdings Inc (AAC) on Thursday said it has acquired Referral Solutions Group LLC and Taj Media LLC for $35 million in cash and $25 million in stock through its operating subsidiary, American Addiction Centers Inc, and its indirect subsidiary, Sober Media Group LLC. Founded in 2009, Referral Solutions...

The Kraft Heinz Co (KHC) on Thursday announced the completion of the merger between Kraft and Heinz. The merger creates the third-largest food and beverage company in North America and the fifth-largest in the world. Kraft Heinz Co is expected to generate sales of about $28 billion with eight $1 billion...

RigNet Inc (RNET), a provider of digital technology solutions to the oil and gas industry, on Thursday said its Chief Financial Officer Marty Jimmerson plans to step down by the end of the year. Jimmerson has will remain to assist in the search for a new CFO and to assure an orderly transition. RigNet...

Vertex Pharmaceuticals Inc. (VRTX) said Thursday that the U.S. Food and Drug Administration has approved Orkambi, the first medicine to treat the underlying cause of cystic fibrosis in people ages 12 and older with two copies of the F508del mutation. Cystic fibrosis is a rare, life-threatening genetic...

Anglo-Dutch consumer goods giant Unilever (UL, ULVR.L, UN) said Thursday that it has agreed to buy U.S. skincare company Murad. Terms of the deal were not disclosed. Founded in 1989 in Los Angeles, Murad is the first modern doctor brand, with a mission to provide proven, efficacious products....

Invacare Corp (IVC) on Thursday said it has completed the sale of its United States medical device rentals businesses for long-term care facilities (Invacare Outcomes Management LLC and Dynamic Medical Systems LLC) for about $15.5 million in cash, subject to certain post-closing adjustments. Subject...

Curtiss-Wright Corp. (CW) said Thursday that it has sold substantially all of the assets and liabilities of its Engineered Packaging business to Atrenne Integrated Solutions, Inc., an affiliate of RFE Investment Partners. Founded in 1978, the Engineered Packaging business, located in Littleton, Massachusetts,...

NXP Semiconductors N.V. (NXPI) held an Extraordinary General Meeting of Shareholders and Freescale Semiconductor, Ltd. (FSL) held a Special General Meeting Thursday on NXP's acquisition of Freescale. Both NXP's Special Meeting and Freescale's Special General Meeting approved the merger proposal with...

Great-West Lifeco Inc (GWO.TO) on Thursday said its European subsidiary, Canada Life Group, has completed the acquisition of Legal & General International (Ireland) Ltd ("LGII"). Terms of the transaction were not disclosed. Launched in 2007, LGII was a subsidiary of Legal & General Group Plc and is...

Indian pharmaceuticals company Lupin Ltd on Thursday announced the acquisition of ZAO "Biocom" in Russia subject to certain closing conditions. The deal marks Lupin's foray into the robust Russian pharmaceutical market. Established in 1991, Biocom is a generic pharmaceutical company with focus...

UK-based oil giant BP Plc. (BP.L, BP_UN.TO, BP) agreed to pay $18.7 billion to Settle claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill. The agreement with the states of Alabama, Florida, Louisiana, Mississippi and Texas also includes settlement of claims made...

Cognizant Technology Solutions Corp. (CTSH) reaffirmed its fiscal 2015 guidance and provided an update on the status of its relationship with Health Net Inc. (HNT). For fiscal 2015, the company still expects Non-GAAP earnings per share to be at least $2.93, and revenue of at least $12.24 billion....

Mead Johnson Nutrition Company (MJN) announced that Michel Cup will join the company as Executive Vice President and Chief Financial Officer, effective September 1, 2015. Cup will assume responsibility for the company's global finance function and information systems and management. He will also oversee...

Delta Air Lines (DALRQ.PK, DAL) reported that its total system traffic expressed in Revenue Passenger Miles, or RPMs, increased 3.2 percent to 19.65 billion for June 2015 from 19.03 billion, prior year. Total system capacity expressed in Available Seat Miles, or ASMs, was 22.31 billion compared to 21.75...

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