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British American Tobacco Plc. (BATS.L, BTI) has filed with the Brazilian securities regulator, the Comissão de Valores Mobiliários or CVM, a request to register a public tender offer to acquire up to all of the 24.7 percent of Souza Cruz shares which are not currently owned by the company and to delist...

TomTom NV (TMOAF.PK), engaged in smart map making, said it would deliver Maps and Navigation software to Fiat/Chrysler in Latin America. The Uconnect Touch Nav 5" was launched in Brazil in February with the new Bravo model under the Fiat Brand. The rollout to other Latin American countries will continue...

German engineering company Manz Automation Ag (MANZF.PK) Tuesday said it has been awarded orders with a total volume of around 35 million euros in the Display business segment. The received orders include advanced equipment for the production of displays and other components for smartphones, tablet computers...

Gemalto NV (GTOMY.PK) announced at the Mobile World Congress that its M2M solution is enabling high-speed connectivity for the commercial launch of the first 4G Intrinsically Safe industrial PDA. According to the company, in the Airo I-Safe 28, Airo Wireless implements intrinsic safety standards,...

Merck Group reported that its 2014 net income decreased to 1.16 billion euros from 1.20 billion euros, previous year. The Group said its profit declined 3.7% as the previous year benefited from the one-time effect of a very low tax ratio of 13%. Earnings per share was 2.66 euros, compared to 2.77 euros....

Residential property company Gagfah SA (GGFHF.PK), which has agreed to combine with Deutsche Annington Immobilien SE, Tuesday said full-year the recurring FFO was 189.9 million euros. Recurring FFO per share was 0.88, up 47 percent. The net operating income grew 4.9 percent to 390.7 million euros....

Printing machines maker Heidelberger Druckmaschinen AG (HBGRF.PK) Tuesday announced that it has signed an agreement with investment company CoBe Capital to acquire Netherlands-based Printing Systems Group or PSG. Both parties have agreed that the purchase price will remain confidential. Through this...

ZTE Corp. (ZTCOF.PK, ZTCOY.PK), a provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, said its sales volume of LTE 4G core network products achieved explosive growth in the European high-end market, with a year-on-year increase of nearly 200 percent. By...

Rio Tinto Plc. (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said it would begin mining big data at its world-first Analytics Excellence Centre in Pune, India to enhance equipment productivity across its global operations. The Centre will assess massive volumes of data captured by the array of sensors attached...

The average price paid for a hotel room around the world rose by 3 percent in 2014, according to the latest Hotels.com Hotel Price Index or HPI. The overall global economic recovery gathered momentum and consumers became more confident in increasing their travel spending, it said. Hotel prices have...

China Sunergy Co., Ltd. (CSUN), a specialized solar cell and module manufacturer, said second-quarter attributable net loss widened to $5.73 million or $0.39 per share from $1.41 million or $0.11 per share in the prior year. Revenue increased to $88.5 million from $71.91 million in the previous year....

Robbins Geller Rudman & Dowd LLP announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of purchasers of International Business Machines Corporation (IBM) common stock during the period...

Morgan Stanley (MS) disclosed in a regulatory filing that on January 13, 2015, the New York Attorney General's Office or "NYAG" indicated that it intends to file a lawsuit related to approximately 30 subprime securitizations sponsored by the Company. NYAG indicated that the lawsuit would allege that...

Ocwen Financial Corp. (OCN) said that it signed a letter of intent with a buyer on the sale of mortgage servicing rights or MSRs on a portfolio consisting of approximately 277,000 performing Agency loans owned by Fannie Mae with a total unpaid principal balance of approximately $45 billion. Subject...

Subprime lender Springleaf Holdings Inc. (LEAF) is nearing a deal to buy Citigroup Inc.'s (C) OneMain Financial for about $4.25 billion, the wall street Journal reported citing people familiar with the matter. The combined Springleaf-OneMain lender would have about 2.5 million customers and 2,000...

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