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BWX Technologies, Inc. (BWXT) said that its Four Rivers Nuclear Partnership, LLC joint venture with lead partner CH2M and Fluor Corp. (FLR) was awarded the Paducah Deactivation and Remediation Contract at the U.S. Department of Energy or DOE's Paducah Gaseous Diffusion Plant in Kentucky. The contract...

Canadian National Railway Co. (CNI, CNR.TO) said that the Teamsters Canadian Rail Conference - Conductors, Trainpersons and Yardpersons or TCRC-CTY has given the company a 72-hour notice of its intention to strike as of 0400 hours Eastern Daylight Time on May 30, 2017. TCRC-CTY represents approximately...

AT&T Inc. (T) said it has invested nearly $30 million in its Flint wireless and wired networks during the three-year period from 2014 to 2016. The company noted that these investments enhance reliability, coverage, speed and overall performance for residents and businesses. They also improve critical...

Canada's Fairfax Financial Holdings Limited (FRFHF, FFH.TO) said that its wholly owned subsidiary, FAL Corporation, has agreed to sell 12.18 percent of the fully diluted shares of ICICI Lombard General Insurance Company Limited to Red Bloom Investment Ltd, a company wholly owned by private equity funds...

SINA Corp. (SINA), online media company serving China and the global Chinese communities, said that its board has authorized and approved the Company's distribution of shares of Weibo Corp. to the Company's shareholders on a pro rata basis. SINA is a controlling shareholder of Weibo. Weibo's ADSs...

RAIT Financial Trust (RAS) said that it has entered into a cooperation agreement with Highland Capital Management L.P. and its affiliates, which, in the aggregate, beneficially own about 5.9% of RAIT's outstanding common shares. As per the terms of the cooperation agreement, RAIT has agreed that,...

Newell Brands Inc. (NWL) said it has signed a definitive agreement to sell its Winter Sports businesses, inclusive of Völkl, K2, Marker, Dalbello, Madshus, Line, Full Tilt, Atlas, Tubbs, Ride and BCA to Kohlberg & Company, L.L.C., a private equity firm specializing in middle-market investing. The...

Total SA (TTA.L, TTFNF.PK, TOT) said that its shareholders adopted all resolutions recommended by the Board of Directors. At the Annual Shareholders' Meeting, the shareholders approved 2016 financial statements and payment of a 2016 dividend of 2.45 euros per share, an increase compared to 2015. They...

BlackBerry Limited (BBRY, BB.TO) said Friday that it has reached an agreement with Qualcomm Inc. (QCOM) resolving all amounts payable in connection with the interim arbitration decision announced on April 12, 2017. Following a joint stipulation by the parties, the arbitration panel has issued a final...

Coach Inc. (COH) said that its wholly owned direct subsidiary, Chelsea Merger Sub Inc., has commenced a tender offer for all of the outstanding shares of common stock, par value $1.00 per share, of Kate Spade & Company (KATE) at a price of $18.50 per share, net to the seller in cash, without interest...

Tuniu Corp. (TOUR), a china-based online leisure travel company, reported Friday that its first-half net loss attributable to ordinary shareholders was 288.2 million yuan or $41.9 million, narrower than last year's loss of 535.8 million yuan. Adjusted attributable net loss was 227.1 million yuan or...

Big Lots Inc. (BIG) Friday announced an increase in first quarter net income to $51.512 million from $38.66 million last year. Earnings per share climbed to $1.15 from $0.79 in the prior year. On an adjusted basis earnings per share were $0.82. Net sales declined to $1.296 billion from $1.312 billion...

United Internet AG (UDIRF.PK) Friday said it published the offer document for public tender offer to the shareholders of Drillisch as part of the acquisition of 1&1 Telecommunication SE by Drillisch. Earlier, the Federal Financial Supervisory Authority has approved the publication of the offer document....

Spirax-Sarco Engineering Plc. (SPX.L) announced Friday that it has signed an agreement to acquire Chromalox, Inc. from Irving Place Capital for a cash-free, debt-free consideration of $415 million or 319 million pounds. Chromalox is a USA based provider of electrical products, systems and solutions...

Changzhou Xinbei District Commission of CCP announced late Thursday that AAC Technologies Holdings (AACAY.PK, AACAF.PK) agreed to invest $500 million in setting up an optical lens factory in Changzhou Comprehensive Bonded Zone. The company formally inked an agreement on May 16 that calls for an investment...

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