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Berkshire Hathaway Inc. (BRK-B, BRK-A, BRKa) increased its stake in Apple Inc. (AAPL) to about 133 million shares, Chairman Warren Buffett told CNBC. That's more than twice as much as Berkshire held as of December 31, the billionaire told the cable network in an interview Monday. The stake is valued...

General Electric Co.'s (GE) Jeffrey Immelt still expects substantial opportunity to grow around the world by investing, operating and building relationships in the countries where the company do business. "There is deep skepticism toward the ideas that powered economic expansion for a generation,...

VisionChina Media Inc. (VISN) said that it has reached an agreement with Ledman Optoelectronic Co., Ltd. to terminate the equity transfer agreement relating to 49% equity interest in VisionChina New Culture Media Co., Ltd., a company that operates mobile TV advertising business on subway. The termination...

SK Telecom (SKM) said that it entered into an agreement with Nokia to cooperate in the quantum cryptography business. As per the agreement, SK Telecom and Nokia will conduct joint research and development activities to achieve interworking between SK Telecom's Quantum Key Distribution System (QKD)...

Royal Philips announced 510(k) clearance from the U.S. FDA to market its ElastQ Imaging capability, further expanding the functionalities of its EPIQ family of ultrasound systems. ElastQ Imaging enables simultaneous imaging of tissue and assessment of its stiffness, which is essential for the diagnosis...

AMAG Pharmaceuticals, Inc. (AMAG) and Palatin Technologies, Inc. (PTN) said Monday that both Phase 3 RECONNECT studies (301, 302) of Rekynda, or bremelanotide, met co-primary end points and demonstrated significant improvement in key symptoms of hypoactive sexual desire disorder. Rekynda is an investigational...

Kosmos Energy Ltd. (KOS) on Monday reported a net loss for the fourth quarter as higher revenues were more than offset by a surge in costs and expenses. However, adjusted loss per share was narrower than analysts' expectations and revenues also beat their estimates. For the fourth quarter of 2016,...

The AES Corp. (AES) announced the company is expecting 2017 ranges for Consolidated Net Cash Provided by Operating Activities of $2.00 to $2.80 billion, Consolidated Free Cash Flow of $1.40 to $2.00 billion and adjusted EPS of $1.00 to $1.10. The company expects to raise at least $500 million in equity...

Italian lender Intesa Sanpaolo S.p.A. (IITSF, ISNPY) said late Friday it has decided against a possible industrial combination with insurer Assicurazioni Generali SpA (ARZGY.PK). Intesa Sanpaolo said it has completed its assessment of options relating to a possible combination, but its management...

Total SA (TOT, TTA.L) Monday said it has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The total value of the transactions is around $350 million before adjustments. The production divested by Total represents around 13,000 SEC...

Keysight Technologies, Inc. (KEYS) on Monday announced a technology collaboration with Samsung Electronics Co. (SMSN.L, SSNNF.OB, SSNLF.OB) on 5G development and testing. Under the deal, the companies will enable design and deployment of 5G devices to support early operator trials. The initial focus...

Pfeiffer Vacuum Technology AG (PFFVF.PK, PVTCY.PK) announced the company's Management Board and Supervisory Board have advised shareholders to not accept the Busch Group's offer. The Boards deemed the offer price and structure are inadequate. The Busch Group stated in the offer document that it considers...

CTI BioPharma Corp. (CTIC) announced the appointment of Adam Craig as President and CEO and member of the Board, effective March 20. Craig succeeds Richard Love, interim President and CEO who will continue to serve on the company's Board. Craig has over 20 years of experience in hematology, oncology...

French drug giant Sanofi SA (SNYNF, SNY) and Lonza Group AG (LZAGF.PK), a supplier to the pharmaceutical, healthcare and life-science industries, announced Monday that they have entered into a strategic partnership to establish a large-scale biologics production facility in Switzerland. The initial investment...

VimpelCom Ltd. (VIP) reported that its fourth-quarter loss from continued operations widened to $273 million from a loss of $154 million, previous year. Operating profit decreased to $91 million from $166 million. Underlying EBITDA organically increased 1.2%. Profit to owners of the parent was $1.64...

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