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Brookfield Canada Office Properties (BOXC, BOX_UN.TO) said it acknowledges the press release issued by Brookfield Property Partners L.P. (BPY, BPY_UN.TO) earlier today announcing its proposal to acquire all of the Brookfield Canada Office Properties units that it does not own. Under its proposal,...

Kroger Co. (KR) said that its family of stores is hiring to fill an estimated 10,000 permanent positions in its supermarket divisions. The company also announced that its total active workforce grew by more than 12,000 associates in 2016. Over the last eight years, Kroger has created more than 86,000...

AMC Entertainment Holdings, Inc. (AMC) announced Monday that it has entered into a definitive agreement to acquire Stockholm-based Nordic Cinema Group Holding AB, a theatre exhibitor. AMC is purchasing Nordic from European private equity firm Bridgepoint and Swedish media group Bonnier Holding in...

Forbes Energy Services Ltd. said that is has filed voluntary petitions for reorganization under chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas-Corpus Christi Division on January 22, 2017 for itself and its principal subsidiaries pursuant...

Brookfield Property Partners L.P. (BPY, BPY_UN.TO) said that it has made a proposal to Brookfield Canada Office Properties (BOXC, BOX_UN.TO) to acquire the approximately 16.9% equity interest in BOX that it or its affiliates do not own (about 15.8 million units) for C$30.10 cash per unit. The proposed...

Targa Resources Corp. (TRGP) announced an agreement for its subsidiary, Targa Resources Partners LP, to acquire 100% of the membership interests of Outrigger Delaware Operating, LLC, Outrigger Southern Delaware Operating, LLC and Outrigger Midland Operating, LLC. The company will pay initial cash consideration...

SThree Plc. (STHR.L), a specialist staffing business, reported Monday that its fiscal 2016 profit before taxation edged down 1 percent to 37.3 million pounds from 37.7 million pounds last year. Earnings per share, however, grew 2 percent to 21.2 pence from 20.8 pence a year ago. Adjusted profit...

Shell (RDS-B, RDSB.L, RDSA.L, RDS-A) and SABIC have signed an agreement under which SABIC will acquire Shell's 50% share in the petrochemicals SADAF joint venture for $820 million resulting in an early termination of the joint venture agreement which was due to expire in 2020. The SADAF joint venture...

The SGS Group (SGSOY.PK) reported that its profit attributable to equity holders reached 543 million Swiss francs for the period ended 31 December 2016, an increase of 3.0% over prior year (pro forma constant currency basis) and a decrease of 1.1% compared with 549 million francs in 2015 (historical reported...

500.com Ltd (WBAI), an online sports lottery service provider in China, said that effective January 20, 2017, Man San Law, Chairman of the Board of Directors of 500.com and Weiguo Zhao, the chairman of Tsinghua Unigroup Co., Ltd., have stepped down from the board. Lian Qi has been appointed as a...

Specialty Commodities, Inc. (SCI), a subsidiary of Archer Daniels Midland Co. (ADM), said it is recalling a specific lot of dry roasted almonds because they may contain undeclared cashews. People who have an allergy or severe sensitivity to cashews run the risk of a serious or life-threatening allergic...

Qualcomm Incorporated (QCOM) said the claims made by Apple in its lawsuit against the company are baseless. On Friday, Apple filed a $1 billion lawsuit against Qualcomm in U.S. alleging non-payment of promised rebates. "Apple has intentionally mischaracterized our agreements and negotiations, as...

Ford Motor Co. (F) disclosed in a regulatory filing that it expects to record a pre-tax remeasurement loss of approximately $3.0 billion in the year ended December 31, 2016 related to pension plans and other postretirement employee benefits or OPEB plans. Of this total, $0.9 billion is associated...

AT&T Inc. (T) disclosed in a regulatory filing on Friday that it expects to record a noncash, pre-tax loss of about $1.0 billion in the fourth-quarter ended December 31, 2016 related to the annual remeasurement of pension and postemployment benefit plans. At December 31, 2016, the company decreased...

American International Group, Inc. (AIG) said Friday that it reached binding term sheet for an adverse development reinsurance agreement, effective January 1, 2016, with National Indemnity Company or NICO, a subsidiary of Berkshire Hathaway Inc. The agreement covers 80% of substantially all of AIG's...

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