Following the disruption to its business in Iraq during the fourth quarter, Baker Hughes resumed operations by the end of December. Due to the lost revenue related to this event, expenses associated with personnel movements and security ...
Tags: Baker Hughes, .Operational Update
Foster Wheeler AG confirmed that, following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC plc (“AMEC”) on non-binding outline terms concerning a possible business combination of the ...
Tags: Non-Binding Terms, Foster Wheeler
Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries) has announced the sale of $28.2m of its common stock pursuant to an ...
Corning Inc (GLW - Analyst Report) recently announced that it has a new manufacturing process in place to mold its shatter-resistant smartphone glass covers. These covers can be molded into three-dimensional shapes, which will allow device ...
Tags: Construction, Decoration, 3D Gorilla Glass, Glass
Liberty Media wants to take full ownership of Sirius XM in a deal that would value the satellite radio service at nearly $23 billion. Englewood, Colo.-based Liberty Media Corp., a media holding company, already owns 53 percent of Sirius ...
Tags: Liberty Media, Sirius XM, full ownership, satellite radio service
Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
Oramed Pharmaceuticals Inc. (NASDAQCM: ORMP), a developer of oral drug delivery systems, today announced that it has entered into definitive agreements with investors to purchase an aggregate of 1,580,000 shares of common stock at a price ...
Tags: Oramed Pharmaceuticals, Aegis Capital, registered direct offering
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) closed its public offering of newly issued shares of common stock (announced on 18 ...
Tags: GigOptix, Electrical, Electronics
Ryder System Inc.'s board said it has approved the repurchase of up to 2 million shares of its common stock. The truck leasing company said the buyback is to help offset the dilutive effect of shares issued under its employee compensation ...
Tags: Ryder System, repurchase
Oclaro Inc of San Jose, CA, USA (which provides lasers and optical components, modules and subsystems for optical communications) says that holders of all $25m of the 7.5% exchangeable senior secured second lien notes due 2018 have ...
Tags: Oclaro, Electrical, Electronics, Instruments, Meters
Patriot Coal Corporation announced Thursday its emergence from Chapter 11 as a reorganized company. The Company exits the 18-month restructuring process with a strong balance sheet, competitive cost structure, and streamlined operating ...
Tags: Patriot Coal, Mineral
AK Steel provided guidance for its fourth quarter of 2013 financial results Wednesday, saying it expects to realize net income of $0.02 to $0.06 per diluted share of common stock, excluding the effects of a potential non-cash income tax ...
OvaScience, a life sciences company, and Intrexon Corporation have announced an agreement to access Intrexon’s portfolio of technologies to accelerate the development of OvaScience’s OvaTure technology platform Separately, ...
Tags: OvaScience, Infertility Treatments
AtriCure, a provider of Atrial Fibrillation (Afib) medical device, and Endoscopic Technologies, d/b/a Estech, have entered into a definitive merger agreement under which AtriCure has agreed to acquire Estech. Under the agreement, AtriCure ...
Frederick's of Hollywood Group Inc. announced that it has entered into a definitive merger agreement that provides for the acquisition of the Company by a group consisting of HGI Funding LLC, a wholly owned subsidiary of Harbinger Group ...
Tags: HGI Funding, Hollywood