Franchise News
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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Pandora Announces Plan To Pay 15 Percent More To Artists Whose Music They Are Streaming
Pandora's new royalty rates represent a 15 percent increase over the company's 2015 effective per-performance payment system.
ChemChina Improves Offer To Buy Syngenta, Annouces Plan To Purchase Company In 2 Stages
China National Chemical Corp. (ChemChina) has improved its offer to acquire Syngenta AG and mark the biggest acquisition by a Chinese company, people with knowledge of the matter told Bloomberg.
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.
USW Reaches Tentative Agreement With U.S. Steel, Contract Awaiting Ratification From Members
The United Steelworkers (USW) has announced in a press release that the union’s bargaining committee has reached a tentative agreement on a new contract with U.S. Steel Corporation that will cover 18,000 workers at more than a dozen facilities.
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.
Isis Pharmaceuticals Changes Name To Ionis To Avoid Association With Jihadist Militant Group
Isis Pharmaceuticals, Inc., the leading company in RNA-targeted drug discovery and development, has announced in a press release that has changed its name to Ionis Pharmaceuticals, Inc. for obvious reasons.
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.
GM Financial To Build Operations Facility in San Antonio: Could Create Nearly 500 Local Jobs
General Motors (GM) Financial Company, Inc., the financial arm of GM Company, has announced in a press release this week that it will be building a financial servicing center in San Antonio, Texas.
Donald Washkewicz Retires As Chairman Of The Board Of Parker Hannifin, The Company's CEO Thomas Williams Will Replace Washkewicz
Parker Hannifin Corporation, the global leader in motion and control technologies, has announced in a press release published GlobeNewswire that Donald E. Washkewicz will be retiring as chairman of the board of directors, effective December 31, 2015. Washkewicz, who began his career as an engineer in 1972 in the Hose Products Division, has dedicatedly serve Parker Hannifin for 43 years.
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