logo

Quick Facts

Share SHARE

Ambac Financial Group, Inc. (AMBC) commented on recent concerns and events in Puerto Rico. Responding to recent comments from Puerto Rico officials, Nader Tavakoli, Interim President and Chief Executive Officer, said that the company continues to believe the Commonwealth is far better served by meeting...

Japanese mobile network operator NTT Docomo, Inc. (DCM) has selected Dutch digital security firm Gemalto NV (GTOMY, GTOFF) to enable connectivity for Internet of Things (IoT) applications. Gemalto's Cinterion Machine Identification Module (MIM) complies with the most stringent industry standards and...

Korean steel producer POSCO (PIDD.L, PKX ) has signed a Share Purchase Agreement or SPA with the Public Investment Fund or PIF of Saudi Arabia for sale of POSCO E&C shares. The transaction brings in 1.24 trillion Korean won of foreign investment into Korea. On June 15, POSCO Chairman Kwon Oh-joon...

Loblaw Companies Limited (L.TO) Thursday said it would continue to operate all nine stores affected by labor disruptions in Windsor, Leamington, Chatham, Kingsville and Sarnia. The nine stores, including five Real Canadian Superstores and four Zehrs Markets, will remain open with some modification...

Parkway Properties Inc. (PKY) is in the early stages of exploring strategic options including a sale, Bloomberg reported citing people familiar with the matter. Parkway Properties currently has market value of about $2 billion. The Orlando, Florida-based real estate investment trust, which owns...

Brazilian meat giant JBS S.A.'s (JBSAY) JBS USA Pork has entered into an agreement with Cargill to acquire the company's U.S.-based pork business for $1.45 billion. Completion of the acquisition is subject to regulatory review and approval. Included in JBS' acquisition of Cargill's pork business are...

Gilead Sciences Inc. (GILD) announced that it has submitted a New Drug Application or NDA to the U.S. Food and Drug Administration (FDA) for an investigational, once-daily single tablet regimen that combines Gilead's emtricitabine 200 mg and tenofovir alafenamide (TAF) 25 mg with rilpivirine 25 mg (R/F/TAF)...

General Electric Co. (GE) said Wednesday that it was notified today that the Department of Justice has initiated court proceedings seeking to enjoin the sale of GE Appliances to Swedish home appliances company Electrolux AB (0MDT.L, ELUXY, ELUXF). Electrolux and GE intend to vigorously defend the...

Amadeus, a Spanish IT Provider for the global travel and tourism industry, has agreed to buy Navitaire, a subsidiary of Accenture plc (ACN) that provides technology and business solutions to the airline industry, for US$830 million. Navitaire, which focuses on the low-cost and hybrid-carrier segments...

Natera Inc, which sells non-invasive prenatal disease screening tests, on Wednesday said it has priced its initial public offering of 10 million common shares at $18.00 each, which is at the top end of its estimated range of $17 to $18 apiece. In addition, Natera has granted the underwriters a 30-day...

PayPal Inc on Wednesday agreed to buy Xoom Corp (XOOM), a digital money transfer provider, for $25 per share in cash or an approximate $890 million enterprise value. The deal represents a premium of 32% over Xoom's three-month volume-weighted average price. The deal, expected to close in the fourth...

Hewlett-Packard Co (HPQ) on Wednesday said Hewlett Packard Enterprise Co has filed an initial Registration Statement on Form 10 with the Securities and Exchange Commission, thereby fulfilling an important step in HP's plans to separate into two companies. HP is separating into two companies effective...

Coal producer Peabody Energy (BTU) on Wednesday said it has named longstanding financial executive Amy Schwetz to executive vice president and chief financial officer. Schwetz replaces Michael Crews, who has announced plans to step down by the end of July to take the top financial position at a major...

Electronics For Imaging Inc (EFII) on Wednesday announced the acquisition of Italy-based Reggiani Macchine in a move to gain an edge in the high-growth inkjet textile printing space. As per the terms of the deal, EFI will repay Reggiani debt of about €20.1 million ($22.6 million), pay the former...

Discount retailer Family Dollar Stores Inc (FDO), which is being acquired by rival Dollar Tree Inc. (DLTR), on Wednesday reported third-quarter net earnings of $79.9 million or $0.70 per share compared with $81.1 million or $0.71 per share last year. Excluding items, adjusted earnings for the quarter...

Follow RTT