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Shares of Chinese online retail giant Alibaba Group Holding Ltd. (BABA) is expected to open between $87 and $89 on Friday, well above its IPO pricing of $68, according to reports. The Chinese e-commerce company on Thursday had priced its much-awaited IPO at $68 per American Depositary Share, at the...

Life insurance provider GWG Holdings, Inc. (GWGH) priced its registered initial public offering of its common stock at a price of $12.50 per share. The company estimates that it will sell 800,000 shares of common stock, resulting in net proceeds of about $9.03 million after the deduction of underwriting...

PDC Energy, Inc. (PDCE) announced the execution of a binding agreement to settle the securities class action pending against the company and its wholly-owned merger subsidiary regarding the acquisition of certain partnerships in 2010 and 2011. The company said this class action, which was brought...

Paragon Offshore Plc (PGN) Friday announced its plans to initiate a quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis. Paragon anticipates that the first quarterly dividend would be declared in November 2014 and paid shortly thereafter. The company noted that...

Accenture (ACN), in cooperation with SAP SE (SAP), announced the launch of an Upstream Solution for Independents, an end-to-end technology platform designed for medium- and small-sized independent oil and gas companies in North America. Leveraging the SAP HANA Cloud Platform, the solution has been...

Blackstone Mortgage Trust, Inc. (BXMT) Friday announced the pricing of an underwritten public offering of 8 million shares of its class A common stock. The underwriters have been granted a 30-day option to purchase up to an additional 1.2 million shares. The offering is expected to close on September...

Energy infrastructure company TransCanada Corp. (TRP.TO, TRP), Friday, commenting on its trading activity in common shares, said it plans to sell the rest of its U.S. natural gas pipeline assets to its master limited partnership, TC PipeLines, LP (TCP) over the coming years. These assets are expected...

Celgene Corp.'s (CELG) unit, Celgene International Sàrl, announced that Tuomo Pätsi has been named President of the company's Europe, Middle East and Africa or EMEA region. He would oversee the present portfolio in EMEA and international efforts related to the firm's broad pipeline of clinical programs...

Western Union Co. (WU) Friday announced that it has agreed with Angola Post Office, a provider of postal and financial services in Angola, to provide - for the first time - Western Union money transfer services to consumers in Angola. Richard Malcolm, Regional Vice President for Southern and East...

Hertz Corp.'s (HTZ) Chinese car rental partner, CAR Inc. launched its initial public offering or IPO of 426 million shares on the Hong Kong stock exchange on Friday. The company plans to use the proceeds for increasing its rental fleet. Hertz is investing an additional $30 million into CAR in its IPO....

PAR Technology Corp. (PAR), a provider of integrated technology solutions to the hospitality industry, announced Friday that it has acquired Brink Software, Inc., a fast emerging provider of cloud based point of sale software for restaurants. The company did not announce the terms of the deal. The...

Siemens (SIE.DE) said it plans to offer more than $6.1 billion or 3.71 billion pounds, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand Group Inc. (DRC). It is noted that a bid by Siemens would pit the company with Swiss pump maker Sulzer (SUN.S) which said on Wednesday it was...

Communications and aviation electronics maker Rockwell Collins, Inc. (COL) said it expects fiscal 2015 earnings per share in the range of $4.90 to $5.10, revenues between $5.2 billion and $5.3 billion and cash flow from operations of $675 million to $775 million. Analysts polled by Thomson Reuters expect...

Soligenix, Inc. (SNGX), a late-stage biopharmaceutical company in the areas of inflammation, oncology and biodefense, announced Friday that it has been awarded a contract valued at up to $24.7 million inclusive of options by the US Department of Health and Human Service's National Institutes of Health...

China Sunergy Co., Ltd. (CSUN), a specialized solar cell and module manufacturer said on Friday that its Chief executive officer Stephen Zhifang Cai has resigned from the company due to personal reasons.Tingxiu Lu, Chairman of the board and one of the company's founders, will rejoin the company's executive...