US News

Xoom Corporation (Nasdaq:XOOM), a digital money transfer provider, will be introducing Xoom Bill Pay, a “cutting edge technology platform that facilitates cross-border bill payments, allowing people to pay their loved one’s bills online”. Xoom Bill Pay is scheduled to launch in November with cross-border bill pay to Mexico, Guatemala, El Salvador, Nicaragua and the Dominican...

Two global companies to collaborate on R&D to take offshore industry’s subsea imaging capability to the next level. BP and CGG today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative […]

Allergan’s share price (NYSE:AGN) opened slightly higher today following the release of its third quarter results for the period ending 30 September. Shares closed on Friday at $184.21, opening this morning at $186.80, which, so far, has been its high point for the day. This may be more due to the takeover bid from Valeant […]

Acquires budget licensee for Southern California and Las Vegas Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has agreed to acquire its Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost of acquired fleet. The licensee being acquired operates […]

Tumor BRACAnalysis CDx will “Identify More Patients for Treatment With PARP Inhibitors” Myriad Genetics, Inc. (Nasdaq:MYGN) today announced it has established a Tumor BRACAnalysis CDx laboratory in Europe. Myriad’s next-generation Tumor BRACAnalysis CDx test is a companion diagnostic that will identify up to 50 percent more patients with BRAC mutations who may benefit from...

Acquisition increases foothold in Mid-Atlantic region The Chefs’ Warehouse, Inc. (Nasdaq:CHEF), a premier distributor of specialty food products in North America, today announced that it has acquired substantially all of the assets of Euro Gourmet Inc., based in Beltsville, Maryland. Founded in 1999, Euro Gourmet is a wholesale specialty distributor of imported and domestic products...

Acquisition to allow for “Expansion of wireless construction services and broader geographic reach” S&N Communications, a provider of locating, construction and maintenance services to telecomm, cable and utility companies in 35 states, has announced its acquisition of two regional leaders in wireless construction, maintenance, deployment and professional services. Tower 16...

Two largest retail deals to date Fitbug Holdings Plc, the AIM listed provider of online personal health and well-being services, has announced that the US retail chain Target Corporation and UK supermarket J Sainsbury will stock Fitbug products in their wearables ranges from November 2014. These represent Fitbug’s largest retail sales agreements worldwide to date. […]

Given some of the travails of this past year that GlaxoSmithKline (LSE:GSK) and its share price have suffered (down 13% in 2014), board members have likely been longing to have a day when they could hum along with Curly McLain in the cast of the Rogers and Hammerstein musical “Oklahoma” as he sings, “Oh, what a […]

Google Chooses Not to Exercise Its Investment Option, but Himax and Google to Remain Strategic Partners on Google Glass Himax Technologies, Inc. (Nasdaq:HIMX), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that Google Inc. has decided not to exercise its previously issued purchase option to make an additional […]