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Verra Mobility, a provider of tech-enabled smart transportation solutions and a portfolio company of global investment firm Platinum Equity, said it has entered into a definitive agreement and plan of merger with Gores Holdings II, Inc. (GSHT, GSHTU, GSHTW), a special purpose acquisition company sponsored...

2U Inc. (TWOU) said that it has agreed to acquire CritiqueIt, Inc., creator of a market-leading digital annotation tool. The CritiqueIt technology facilitates more dynamic engagement among students and faculty by allowing any piece of content, including documents, images, videos, presentations, and audio...

Intel Corp. (INTC) announced the resignation of Brian Krzanich as CEO and a member of the Board. Intel was recently informed that Krzanich had a past consensual relationship with an Intel employee. The Board has named Chief Financial Officer Robert Swan Interim CEO, effective immediately. Intel...

Simon Property Group Inc. (SPG) said that Brian McDade will succeed Andy Juster as the company's Executive Vice President and Chief Financial Officer on October 1, 2018. McDade has been with Simon Property Group for 14 years, serving in various senior finance and accounting roles with increasing complexity...

Web.com Group Inc. (WEB) said that it agreed to be acquired by an affiliate of Siris Capital Group, LLC in an all-cash transaction valued at about $2 billion. As per the terms of the agreement, which has been unanimously approved by the members of Web.com's board of directors, an affiliate of Siris...

Barnes & Noble, Inc. (BKS) on Thursday reported a loss for the fourth quarter that widened from last year, reflecting lower sales and non-recurring charges related to the company's strategic initiatives. The company's fourth-quarter net loss available to common stockholders widened to $21.09 million...

Incyte Corp. (INCY) reported positive topline results from its ongoing pivotal Phase 2 REACH1 trial evaluating ruxolitinib (Jakafi) in combination with corticosteroids for the treatment of patients with steroid-refractory acute graft-versus-host disease. The company said the study met its primary endpoint,...

Kratos Defense & Security Solutions, Inc. (KTOS), a National Security Solutions provider, said that its Unmanned Systems Division recently received confirmation that its Autonomous Impact Protection Vehicle or AIPV has officially been approved for autonomous operation on public roadways in the first...

Dollar General (DG) said that Over the next 10 days, it is looking to fill management roles across the 44 states it serves to support its growing organization. Opportunities within retail operations, distribution centers and corporate functions are now available online. "In FY 2018 alone, we plan...

AT&T (T) announced a new strategic alliance with Brookfield Infrastructure and its institutional partners pursuant to which AT&T will transfer data center colocation operations and assets to Brookfield. Under Brookfield's ownership, the business will continue to deliver colocation services to customers...

Patterson Companies, Inc. (PDCO) announced, for fiscal 2019, the company estimates non-GAAP adjusted earnings from continuing operations to be in the range of $1.73 to $1.83 per share. GAAP earnings from continuing operations are expected to be in the range of $1.43 to $1.53 per share. Fourth-quarter...

Darden Restaurants, Inc., (DRI) announced, for fiscal 2019, the company estimates net earnings per share from continuing operations in the range of $5.40 to $5.56. The company anticipates same-restaurant sales growth of 1.0% to 2.0%, and total sales growth of 4.0% to 5.0%. For the fourth-quarter,...

AT&T Inc. announced a new video offering called WatchTV which features 30+ live channel, over 15,000 TV shows and movies on demand. WatchTV will be compatible on virtually every current smartphone, tablet, or web browser, and certain streaming devices. AT&T said customers can stream through the...

Verisk (VRSK) announced it has acquired Validus-IVC, a provider of claims management solutions and developer of the leading subrogation portal in the UK, verify. Validus-IVC has offices in Norwich and Bath, United Kingdom. Mark Anquillare, chief operating officer of Verisk, said: "With the acquisition...

PG&E Corp. (PCG) and its subsidiary, Pacific Gas and Electric Company, announced their intention to record an estimated pre-tax charge in the amount of $2.5 billion ($1.8 billion after-tax) for the quarter ending June 30, 2018. Currently, the charge is expected to be recorded in connection with the Northern...

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