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Huntsman Corp. (HUN) Wednesday confirmed that the company has numerous options to increase shareholder value following the separation of its Pigments and Additives business. The options include a merger of equals transaction and it will be considering the options carefully. Executive Chairman Jon...

International Game Technology PLC (IGT) said that it has reached a patent cross-licensing agreement with Incredible Technologies, Inc., an emerging Class-III gaming manufacturer focused on delivering compelling video slot, poker and keno content to the modern day casino floor. As per the agreement,...

First Home Bank of Mountain Grove, MO and Stockmens Bank of Colorado Springs, CO announced they have entered into a definitive agreement to merge. Bradley Weaver will continue to be Chairman and CEO of First Home Bank and Robert Alexander will remain Chairman and CEO of Stockmens Bank. Alexander will...

MaxLinear, Inc. (MXL) and Exar Corp. (EXAR) announced a definitive agreement under which MaxLinear has agreed to acquire Exar for $13.00 per share in cash. The total value is approximately $700 million, or $472 million net of Exar's cash acquired. The acquisition will be conducted by means of a tender...

Toshiba Corp. (TOSYY.PK, TOSBF.PK) announced the WEC Group has resolved to file for a voluntary petition for relief under Chapter 11 under the U.S. Bankruptcy Code. WEC Group has received a commitment for Chapter 11 financing in the amount of $800 million during the rehabilitation proceeding, of which...

German auto giant Daimler AG (DDAIF.PK) Wednesday said its shareholders vote on an unchanged dividend of 3.25 euros per share at today's Annual Shareholders' Meeting at the CityCube in Berlin. The AGM will also vote on the proposed candidates for election to the Supervisory Board. The company had...

Tour operator TUI AG (TUIFF.PK, TT.L) Wednesday announced that its Winter 2016/17 and Summer 2017 are trading in line with expectations. The company further said it is reiterating guidance of at least 10% growth in Group underlying EBITA in 2017, at constant exchange rates. Chief Executive of TUI...

Delta Air Lines (DAL) announced Wednesday that it has reached an agreement with Korean Air to implement a joint venture arrangement that will grow trans-Pacific network and boost competition between the U.S. and Asia. The airlines signed a memorandum of understanding to implement a joint venture arrangement,...

Starwood Capital Group, a private investment firm, and Shimao Property Holdings Limited, a Chinese property developer and operator, announced Wednesday that their controlled affiliates will establish a new hotel joint venture based in China. Under the terms of the agreement, the venture will be owned...

Jernigan Capital, Inc. (JCAP), a real estate investment trust, announced Tuesday the promotion of Kelly Luttrell to Senior Vice President, Chief Financial Officer and Treasurer, effective May 3. Luttrell will also serve as Senior Vice President, Chief Financial Officer and Treasurer of the Company's...

Ford Motor Co. (F) said Tuesday that it is investing $1.2 billion in three Michigan manufacturing facilities to strengthen its leadership in trucks and SUVs and support the company's expansion to an auto and mobility company. Ford is investing $850 million in Michigan Assembly Plant to retool the...

Carnival Corporation & plc (CCL, CCL.L, CUK) announced the company now expects full year 2017 adjusted earnings per share to be in the range of $3.50 to $3.70 compared to December guidance of $3.30 to $3.60. The company expects full year 2017 net revenue yields in constant currency to be up approximately...

AstraZeneca plc.(AZN.L, AZN) announced new results data which evaluated the cost-effectiveness of SYNAGIS (palivizumab) for respiratory syncytial virus (RSV) in preterm infants 29-34 weeks gestational age compared to those who did not receive SYNAGIS. These results, derived from age-specific information...

Gaming and Leisure Properties Inc. (GLPI) said that it agreed to acquire the real estate assets of Bally's Casino Tunica and Resorts Casino Tunica located in Robinsonville, Mississippi for $82.6 million. The two properties combined include 75,000 casino square feet, 1,747 slot machines and 25 table...

Itron Inc. (ITRI) said that Mark Schmitz, the company's executive vice president and chief financial officer since September 2014, will be stepping down from the position, effective immediately. The company has engaged a firm to conduct an external search for qualified candidates to fill the position....

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