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An agreement stating intent and principles for forming a new regional administration in the central part of Somalia has been signed after lengthy discussions and negotiations in the country's capital city of Mogadishu. The agreement paves the way for the establishment of an interim administration...

Tenet Healthcare Corp. (THC) and UnitedHealthcare, a UnitedHealth Group company (UNH), have concluded a new, three-year agreement providing United Healthcare's Commercial and Medicare Advantage members with in-network access to Tenet's 79 hospitals, 193 outpatient centers and over 1,800 employed physicians...

Rogers Communications Inc. (RCI.TO, RCI) and GLENTEL (GLN.TO) reported extending their multi-year agreement to offer Rogers products and services in GLENTEL's 485 retail locations across Canada, such as WIRELESSWAVE, Tbooth wireless, WIRELESS etc., Target Mobile, and more. "We're thrilled to continue...

Diversified miner Anglo American Plc (AAUKY.PK, AAL.L) reported a 48% growth in first-half total pre-tax profit to $2.945 billion, from $1.99 billion last year. Year-over-year profit for the period attributable to equity shareholders of the company surged to $1.46 billion, from $403 million. On an...

First Merchants Corp. (FRME) and Community Bancshares, Inc. (COMB) have executed a definitive deal, whereby Community Bancshares would merge with and into First Merchants, and its unit, Community Bank, would merge with and into First Merchants Bank, N.A. The merger deal provides that shareholders...

British telecom giant Vodafone Group Plc. (VOD.L, VOD) Monday said Vodafone Portugal and Portugal Telecom SGPS SA (PT) have agreed to deploy and share fibre networks reaching 900,000 homes in Portugal. The deal, effective from December 2014, runs for 25 years, and will enable both companies to provide...

Bombardier Aerospace, an unit of Bombardier, Inc. (BBD_A.TO, BBD_B.TO), announced that an existing customer, which has requested to remain unidentified at this time, has placed an additional conditional order for seven firm CS300 airliners and purchase rights for six additional CS300 aircraft. A firm...

Eli Lilly and Co. (LLY) and Immunocore Ltd. have reached a co-discovery and co-development collaboration to research and potentially develop novel T cell-based cancer therapies. By making use of Immunocore's Immune Mobilising Monoclonal T-Cell Receptor Against Cancer or ImmTAC technology, the firms...

Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft Corp. (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Both the firm would invest in sales, marketing and engineering resources to drive global alignment, whilst...

Firth Rixson has reached a 10-year agreement worth more than $1 billion with United Technologies Corp. (UTX) to supply engine and system components for UTC Propulsion & Aerospace Systems' businesses Pratt & Whitney and UTC Aerospace Systems. As UTC ramps up production of its commercial and military...

Financial services giant Citigroup Inc. (C) is said to near an agreement to pay nearly $7.0 billion to resolve a U.S. probe into sales of mortgage-backed bonds before the 2008 financial crisis, according to media reports. Major part of the settlement is likely to be in cash, while the figure also includes...

Amlin plc (AML.L) has reached non-binding agreement in principle to increase its existing interest in Leadenhall Capital Partners LLP or "LCP", an investment manager in (re)insurance-linked securities which Amlin established in joint venture with LCP's individual partners in 2008. As part of the agreement,...

Software giant Microsoft Corp. (MSFT) Wednesday said it has signed a patent cross-licensing agreement with the Japanese camera and printer maker Canon Inc. (CAJ). As a result, both the companies will gain licenses to each other's patent portfolios. The agreement covers a broad range of products and...

Corinthian Colleges, Inc. (COCO) said it continues to work cooperatively with the U.S. Department of Education or ED to complete an operating agreement as contemplated by the earlier announced Memorandum of Understanding. The company and ED plans to close the agreement over the next few days.

Meat producer Tyson Foods Inc. (TSN) has reached a definitive merger deal to acquire Hillshire Brands Co.'s (HSH) outstanding shares for $63 per share. This all-cash deal is worth nearly $8.55 billion, including Hillshire Brands' outstanding net debt. Further, on behalf of Hillshire Brands, Tyson...