NXP Semiconductors (NXPI) Expects to Close Freescale (FCS) Merger on Dec. 7 Nov 25, 2015 04:38PM

NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it has received approval from the Federal Trade Commission (“FTC”) of the United States to complete its merger with Freescale Semiconductor, Ltd (NYSE: FSL). This FTC approval comes next to recent final approvals from the European Commission (“EC”), the Korea Fair Trade Commission (“KFTC”) and the Japan Fair Trade Commission (“JFTC”). On November 24, 2015 NXP announced that the company has received... (continue reading...)

China Information Technology (CNIT) Receives Nasdaq Listing Non-Compliance Notice Nov 25, 2015 04:34PM

China Information Technology, Inc. (Nasdaq: CNIT), a leading provider of internet-based platforms, products and services in China, today said that on November 23, 2015 it received written notice from the Nasdaq Stock Market ("Nasdaq") stating that the company is no longer in compliance with the $1.00 minimum closing bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Select Market.

The notice has no immediate... (continue reading...)

Enbridge (ENB) Acquires 103-MW Wind Project in West Virgina Nov 25, 2015 04:32PM

Enbridge Inc. (NYSE: ENB) today announced the acquisition of a 100 percent interest in the 103-megawatt (MW) New Creek Wind Project, from EverPower Wind Holdings, LLC. Enbridge's total investment is approximately US$0.2 billion.

Located in Grant County, West Virginia, New Creek Wind will comprise 49 Gamesa G97/G90 turbines and is targeted to be in service in December 2016. The project was developed by EverPower Wind Holdings LLC., an independent U.S. renewable energy... (continue reading...)

Scorpio Bulkers (SALT) Will Sell Six Vessels for ~$227M Nov 25, 2015 04:31PM

Scorpio Bulkers (NYSE: SALT) announced that the Company has entered into agreements with unaffiliated third parties to sell two Capesize dry bulk vessels and four newbuilding Capesize dry bulk vessels under construction for approximately $227 million.

Two of the Capesize vessels were constructed in China and delivered to the Company in 2015. Of the remaining vessels currently under construction, one is under construction in China and expected to be delivered in the... (continue reading...)

Sumner Redstone's lawyer denies claims challenging his competence Nov 25, 2015 04:28PM

(Reuters) - A lawyer for Sumner Redstone denied claims made by his ex-girlfriend in a lawsuit that the executive chairman of Viacom Inc and CBS Corp was mentally impaired and unable to make decisions.

The Los Angeles Times earlier reported that Manuela Herzer, one of the billionaire media mogul's former girlfriends, filed a probate lawsuit in Los Angeles County Superior Court, demanding that Redstone receive a mental examination to determine whether he... (continue reading...)

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