Biz/Tech
James Packer Steps Down As Director Of Crown Resorts, Intensifies Speculation He Will Bid For Company
Scotiabank Considering Options For Its Stake In Thanachart Bank, Part Of Strategic Shift Of Company's Asia-Pacific Operations
NetApp Acquires SolidFire For $870 Million, To Accelerate Adoption Of All-Flash Data Centers
NetApp, Inc. has announced in a press release that they will be acquiring SolidFire Inc., a market leader in all-flash storage systems built for the next-generation data center, for $870 million in cash.
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Century Aluminum Reaches Power Agreement With Santee Cooper, Mt. Holly Smelter To Operate At Half Capacity
Century Aluminum Company has said in a press release that Century Aluminum of South Carolina, Inc., its wholly-owned subsidiary, has reached an agreement in principle with Santee Cooper.
Amazon Looking To Launch Air Delivery Business To Avoid Delays From Carriers
Amazon.com, Inc. is looking to launch its own air delivery service, as the company is negotiating to lease 20 Boeing 767 jets, cargo industry executives told The Seattle Times.
GSK To Acquire HIV Assets Of Bristol-Myers Squibb, Compelement ViiV Healthcare's Existing Portfolio
GlaxoSmithKline plc (GSK) has announced in a press release that it will be acquiring Bristol-Myers Squibb’s late-stage HIV R&D assets and its portfolio of preclinical and discovery stage HIV research assets. The HIV assets complement GSK’s global HIV business ViiV Healthcare’s existing portfolio.
Zurich Acquires Rural Community Insurance Services, Expands Its Existing Portfolio Of Products And Services
Zurich Insurance Group has announced in a press release that it will be acquiring 100 percent of Rural Community Insurance Services, a leading provider of agricultural insurance in the U.S., from Wells Fargo & Company. The acquisition will expand Zurich’s existing portfolio of products and services, and strengthen its top five position in the U.S. commercial insurance.
China Southern Airlines To Buy Airplanes from Boeing To Facilitate Optimization Of Company's Fleet Structure
The China Southern Airlines Company Ltd. has said in a statement that it will be purchasing 110 airplanes from Boeing Co. worth more than $10 billion.
AstraZeneca Acquires Majority Stake In Acerta, Boosts Key Area In Comprehensive Oncology Portfolio
AstraZeneca Plc has announced in a press release that it has acquired a 55 percent stake in Acerta Pharma BV, a privately-owned biopharmaceutical company based in the Netherlands and U.S.
Washington State Sues iYogi And Its President For Alleged Scam And Scare Tactics
Attorney General of Washington State Bob Ferguson has announced in a press release that they are suing iYogi, one of the biggest independent tech support providers in the world, and its president, Vishal Dhar.
Barclays To Sell Risk Analytics And Index Solutions Business To Bloomberg, Part Of Strategy To Reduce Non-Core Assets
Barclays PLC has announced in a press release that it will be selling Barclays Risk Analytics and Index Solutions Ltd. (BRAIS) to Bloomberg L.P. for approximately £520 million, or approximately $779 million.
Valeant Announces Fulfillment Agreement With Walgreens, Boosts Credibility With Investors And Sends Shares Up
Valeant Pharmaceuticals International Inc. has announced in a press release that it has new fulfillment agreements with Walgreens Boots Alliance Inc., the largest drugstore chain in the U.S.
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