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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....

MoneyGram (MGI) and Ant Financial Services Group announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired with respect to the definitive agreement under which MoneyGram will merge with Ant Financial. Ant Financial noted that Expiration of the waiting...

Streamline Health Solutions Inc. (STRM) Tuesday announced a new reseller agreement to provide its Looking Glass Abstracting and Physician Query software solutions to Allscripts Healthcare Solutions, Inc. (MDRX). Allscripts clients will be benefited to optimize their coding processes and to manage resources...

Praxair Inc. (PX) said that its Praxair Surface Technologies or PST subsidiary was awarded a long-term contract by aero engine manufacturer Rolls-Royce. Over the 10-year contract, PST will apply its Tribomet abrasive coatings to rotating components in jet engines of wide-body aircraft. The coatings...

Goldcorp Inc. (GG, G.TO) announced the company has entered into an agreement with Barrick Gold Corp. (ABX.TO, ABX) to leverage potential synergies within the Maricunga Gold Belt, located in the Atacama Region in northern Chile, through a 50/50 joint venture. The transaction is being effected through...

Tencent Holdings Ltd. (TCEHY.PK) disclosed in a regulatory filing that it has taken 5% stake in electric carmaker Tesla Inc. (TSLA) in March. The Hong Kong-based Internet company said it bought about 8.2 million shares in an offering and on the open market for about $1.8 billion.

The Parker Institute for Cancer Immunotherapy, Bristol-Myers Squibb Co. (BMY) and the Cancer Research Institute or CRI announced a multi-year clinical research collBristol-Myersaboration to coordinate and rapidly initiate clinical Immuno-Oncology (I-O) studies across the Parker Institute and CRI networks. Bristol-Myers...

RXi Pharmaceuticals Corp. (RXII) announced that it was granted a patent from the Japan Patent Office or JPO for the composition of matter of sd-rxRNAs targeting connective tissue growth factor (CTGF) for the treatment or prevention of fibrotic disorders, including but not limited to skin fibrosis and...

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