B/E Aerospace (BEAV) Board Approves KLX Spin-Off Nov 25, 2014 05:51PM

B/E Aerospace, Inc. (NASDAQ: BEAV) announced today that its board of directors has approved the separation of its Consumables Management Segment, consisting of B/E Aerospace’s aerospace distribution and energy services businesses, which will be known as KLX Inc. (“KLX”), through a dividend distributing all of the shares of KLX common stock on a pro rata basis to the holders of B/E Aerospace’s common stock.

For every two shares of B/E Aerospace common stock held,... (continue reading...)

Herbalife (HLF) CEO Johnson Exercises 750k Options to Acquire Stock Nov 25, 2014 05:05PM

Herbalife (NYSE: HLF) announced that Michael Johnson, Herbalife's chairman and CEO, has engaged in a net exercise transaction involving 750,000 stock options that were granted to him in December 2004 and were due to expire in December 2014. Because of his complete confidence in the continued and future success of the company, Mr. Johnson has decided that he will hold all the shares issued on exercise of the option, which will be the total amount, net of those necessary... (continue reading...)

Webster Financial (WBS) Received Regulatory Approvals to Close Acquisition JPMorgan Chase's HSA Business Nov 25, 2014 04:45PM

Webster Financial (NYSE: WBS), the holding company for Webster Bank, N.A., announced that it has received all regulatory approvals necessary to consummate the acquisition of the health savings account (HSA) business from JPMorgan Chase Bank, N.A., a subsidiary of JPMorgan Chase & Co. (NYSE: JPM). This follows Webster's announcement on September 23, 2014 that it had signed a definitive agreement to acquire the HSA business from JPMorgan Chase Bank, N.A. The acquisition... (continue reading...)

Immune Pharma (IMNP) Closes 3.45M Common Units Offering for Proceeds of $8.625M Nov 25, 2014 04:40PM

Immune Pharma (NASDAQ: IMNP) announced the closing of its previously announced underwritten public offering of 3,450,000 units, with each unit consisting of one share of the Company's common stock, par value $0.0001 per share, and one warrant to purchase 0.25 of a share of the Company's common stock, at a price to the public of $2.50 per unit. The warrants will be exercisable for a period of three years following the issuance thereof at an exercise price of $3.75 per a... (continue reading...)

3D Systems (DDD) Closes Robtec Acquisition Nov 25, 2014 04:38PM

3D Systems (NYSE: DDD) announced that it completed the acquisition of Robtec, creating 3D Systems Latin America, headquartered in Sao Paulo, Brazil. Robtec is the largest Latin-American additive manufacturing service bureau and the leading 3D printing and scanning products distributor in the region. 3DS has acquired 70% of the shares of Robtec with the remainder of the shares transferring on the 5th anniversary of the closing.

Recognized as the most trusted and... (continue reading...)

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