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Automotive supplier Magna International Inc. (MG.TO, MGA) announced Monday that it has signed a purchase agreement to acquire the BÖCO Group of Companies, an automotive supplier of latches, hinges and strikers. Subject to regulatory approval, the transaction is expected to close in the third quarter...

Air Lease Corp. (AL) announced long term lease agreements for six new Airbus A321neo aircraft with Air Arabia, Sharjah, UAE. The aircraft are from ALC's order book with Airbus, delivering between January and October 2019. "We are delighted to have signed these six new A321neo aircraft leases with...

Conglomerate General Electric Co. (GE) Monday said that GE Germany Holdings AG, within the GE Aviation operating unit, has published the offer document for the voluntary public takeover offer for all outstanding shares of SLM Solutions Group AG. The publishing of offer document follows GE's public...

Swedish Orphan Biovitrum AB (SWTUY.PK), or Sobi, announced Monday that the company's product Alprolix (eftrenonacog alfa) has now been approved for reimbursement across the UK. Alprolix is a recombinant human factor IX Fc-fusion protein with extended half-life for the treatment of haemophilia B. National...

Ströer Monday announced that its Board of Management is forecasting overall adjusted net profit to grow to more than 150 million euros from 106 million euros last year. The outlook reflects a very successful first half of 2016 with higher adjusted profit of 61 million euros, and against the background...

Regeneron Pharmaceuticals, Inc. (REGN) and Sanofi (SNYNF, SNY) announced Monday that the U.S. Food and Drug Administration has accepted Dupilumab Biologics License Application or BLA for priority review. Dupilumab's BLA is for the treatment of adult patients with inadequately controlled moderate-to-severe...

Canada's Unifor members ratified a deal with General Motors Co (GM) facilities in Oshawa, St. Catharines and Woodstock that secures investment in all three communities. The new Agreement with 4,000 Unifor members includes C$554 million in investment in Canada that provides job security with new product...

Albany International Corp. (AIN) Chairman Emeritus SpencerStandish died on Thursday, September 22, at the age of 91. During his tenure at the Company, Mr. Standish carried his family's legacy through the twentieth and into the twenty-first century. That legacy began in 1921 when Mr. Standish's father,...

Goldman Sachs Group Inc. (GS) plans to cut about a quarter of its investment-banking jobs in Asia, excluding Japan, according to media reports, citing person with knowledge of the matter. The New York-based bank reportedly plans to make the cutback of about 75 jobs in the region later this year....

Office Depot, Inc. (ODP) announced that it intends to sell its European business to The AURELIUS Group. The transaction is expected to close by the end of 2016. The company said that the transaction is structured as an equity sale, for nominal consideration, with the buyer acquiring the European business...

General Motors (GM) luxury brand is offering 400 dealers as it reshapes the brand's image to better compete with rivals, according to media reports. The Detroit auto maker will provide as much as $180,000 in "transition assistance" to U.S. Cadillac dealers unwilling to invest in a set of new standards...

Exxon Mobil Corp. (XOM) is considering a sale of some of the oil fields it operates in Norway's North Sea in a deal that could fetch more than $1 billion, according to reports citing people familiar with the matter. Exxon isn't running a formal process, though it has had discussions with potential...

Randstad North America, Inc., a subsidiary of Randstad Holding nv, announced that its subsidiary, Merlin Global Acquisition, Inc., has extended its tender offer for any and all outstanding shares of common stock of Monster Worldwide, Inc. (MWW). In order to facilitate completion of the European Commission's...

Oshkosh Corp. (OSK), a manufacturer of specialty vehicles and vehicle bodies, said that it now believes it will deliver stronger than previously expected performance in the fiscal fourth quarter of 2016 as a result of expected higher deliveries of M-ATVs in the Company's defense segment, access equipment...

EnerNOC Inc. (ENOC), a provider of energy intelligence software or EIS and demand response solutions, said it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. This includes an immediate reduction of its global workforce...

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