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NXP Semiconductors N.V. (NXPI) announced an agreement that will facilitate the sale of its RF Power business to Jianguang Asset Management Co. Ltd., or JAC Capital, a subsidiary of JIC Capital which is a state-owned investment company. JAC Capital will pay $1.8 billion for the RF Power business. NXP...

Tate & Lyle plc (TATE.L, TATYY.PK) reported profit before tax of 51 million pounds for the year ended 31 March 2015 compared to 277 million pounds, previous year. Profit to owners on total operations was 30 million pounds compared to 273 million pounds. Earnings per share on total operations was 6.5...

International Consolidated Airlines Group S.A. (IAG.L, BAIRY.PK, BAY.L) Thursday confirmed its firm intention to make an offer for Aer Lingus Group plc (AERL.L), through its wholly-owned subsidiary AERL Holding Limited, at a price of 2.55 euros per share, comprising a cash payment of 2.50 euros per share...

Héroux-Devtek Inc. (HRX.TO), a Canadian manufacturer of aerospace products, announced Thursday that it has executed on May 27 a Memorandum of Settlement with UTC Aerospace Systems or UTAS. This is in regards to a litigation previously disclosed and related to the interpretation of a non-compete covenant...

TiGenix NV (TGXSF.PK), an advanced biopharmaceutical company, Thursday announced that the results of its Phase I sepsis challenge trial of Cx611 confirmed safety and tolerability. Cx611 is an intravenously-administered product of allogeneic expanded adipose-derived stem cells or eASCs. Its efficacy...

Panoro Energy ASA Thursday said that on May 27, John Hamilton, Chief Executive Officer, bought 250,000 shares at an average price of 1.1112 Norwegian kroner per share. Following this purchase, John Hamilton controls 250,000 shares in Panoro Energy ASA.

Ford Motor Co. (F) Thursday said it is offering competitors access to its electrified vehicle technology patents in a move to help accelerate industry-wide research and development of electrified vehicles. In 2014, Ford filed over 400 patents dedicated to electrified vehicle technologies. This is...

Internet giant Google Inc. (GOOG, GOOGL) will soon give people the ability to buy products directly from its search page, according to reports. Omid Kordestani, Google's chief business officer, said," There is going to be a buy button, it is actually imminent." The new button is expected to be...

JPMorgan Chase & Co.'s (JPM) $500 million settlement with pension funds over Bear Stearns sale of mortgage-backed securities was approved by federal judge, the Bloomberg reported. Bear Stearns, acquired by JPMorgan, was accused in the lawsuit of issuing $17.6 billion in faulty mortgage-backed securities.

Walmart and Benedict P. Morelli, attorney for Tracy Morgan, Ardley Fuqua, and Jeffrey Millea, announced a settlement agreement, ending a lawsuit against Walmart arising out of a multi-vehicle accident involving the men on June 7, 2014, on the New Jersey Turnpike. The terms and conditions of the settlement...

Analog semiconductor devices maker Avago Technologies Ltd. (AVGO) is in advanced talks to buy rival Broadcom Corp. (BRCM) in a deal worth about $35 billion, the Wall Street Journal reported citing people familiar with the matter. A deal between the companies could be announced as soon as Thursday. AVGO...

Union Pacific (UNP) said that it plans to invest $72 million in 2015 to improve Louisiana's transportation infrastructure. The company's multi-million dollar private investment will enhance employee, community and customer safety and increase rail operating efficiency. Union Pacific's planned investment...

Costco Wholesale Corp. (COST) reported that its net income attributable to the company for the third quarter ended May 10, 2015 rose to $516 million or $1.17 per share, from $473 million or $1.07 per share, last year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.16...

Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) announced Wednesday that its wholly owned subsidiary, Salix Pharmaceuticals, Inc., has received approval from the U.S. Food and Drug Administration or FDA for Xifaxan 550 mg for the treatment of Irritable Bowel Syndrome with Diarrhea or IBS-D in...

City National Corp. (CYN), the parent company of wholly owned City National Bank, announced that its shareholders have voted in favor of the proposal to adopt the merger agreement with Royal Bank of Canada (RY, RY.TO) at a special meeting of stockholders held May 27, 2015, in Los Angeles. On January...

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