CIT Group (CIT) Sells Canadian Units to Laurentian Bank of Canada Jun 29, 2016 05:51PM

CIT Group Inc. (NYSE: CIT) reached a definitive agreement to sell its Canadian equipment finance and corporate finance businesses (“CIT Canada”), with more than US $700 million in assets, to Laurentian Bank of Canada. In addition, approximately 140 employees of CIT Canada will join the Laurentian Bank team.

“This transaction represents another milestone for us as we continue to exit our international businesses and focus on growing our core commercial... (continue reading...)


Stone Energy (SGY) Terminates Agreement with Ensco, Enters Agreement with Williams Jun 29, 2016 05:49PM

Stone Energy Corporation (NYSE: SGY) announced the termination of an existing long term deep water rig commitment and the execution of a new interim Appalachian midstream contract.

Stone and Ensco have agreed to terminate Stone's current contract with Ensco for total consideration of $20 million, approximately $5 million of which was a deposit previously provided to Ensco pursuant to the drilling services contract. Further, Stone agreed to provide Ensco the... (continue reading...)


Seaspan (SSW) Acquires Two Newbuilding Vessels for $195.6M Jun 29, 2016 05:44PM

Seaspan Corporation ("Seaspan") (NYSE: SSW) announced today that it has acquired two newbuilding 11000 TEU vessels from Greater China Intermodal Investments LLC ("GCI") for a total purchase price of $195.6 million. These vessels will commence 17-year bareboat charters with MSC Mediterranean Shipping Company S.A. ("MSC") upon their respective deliveries, collectively producing annual cash receipts of approximately $17.7 million in the first full year of operation. MSC... (continue reading...)


Novartis (NVS) Announces Publication of Positive PKC412 ORR Data in Advanced SM Jun 29, 2016 05:19PM

Novartis (NYSE: NVS) announced today that The New England Journal of Medicine (NEJM) published data for PKC412 (midostaurin) demonstrating an overall response rate, defined as a major or partial response, of 60% (95% confidence interval [CI], 49-70%; P

Alliant Energy (LNT) Set to Join S&P 500; Southwest Gas (GAS) to Join S&P MidCap 400; Shutterstock (SSTK) to Join S&P SmallCap 600 Jun 29, 2016 05:17PM

S&P MidCap 400 constituent Alliant Energy Corp. (NYSE: LNT) will replace AGL Resources Inc. (NYSE: GAS) in the S&P 500, S&P SmallCap 600 constituent Southwest Gas Corp. (NYSE: SWX) will replace Alliant Energy in the S&P MidCap 400, and Shutterstock Inc. (NYSE: SSTK) will replace Southwest Gas in the S&P SmallCap 600 after the close of trading on Thursday, June 30. S&P 100 & 500 constituent Southern Co. (NYSE: SO) is acquiring AGL Resources in a deal expected to be... (continue reading...)


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Jun 29, 2016 05:09PM TherapeuticsMD (TXMD) Expects Yuvvexy NDA Submission On or Before July 15th
Jun 29, 2016 05:08PM BancorpSouth (BXS) Enters Settlement with DOJ, CFPB Over Alleged FHA, ECO Act Violations
Jun 29, 2016 05:05PM Regions Financial Corporation (RF) Receives No Fed Objection to Capital Plans; Approves $640M Stock Buyback
Jun 29, 2016 05:03PM Great Basin Scientific (GBSN) Enters Securities Purchase Agreement for $75M of Conv. Senior Notes
Jun 29, 2016 05:01PM SunTrust Banks (STI) 2016 Capital Plan Includes Quarterly Dividend of 24c, Buyback of $960M
Jun 29, 2016 05:01PM KeyCorp (KEY) Receives No Fed Objection to Capital Plans; Includes $350M Stock Buyback, 12% Dividend Hike
Jun 29, 2016 04:58PM Wells Fargo's (WFC) 2016 Capital Plans Includes Quarterly Dividend of 38c
Jun 29, 2016 04:58PM Goldman Sachs (GS) Plans Dividend Hike, Stock Buybacks Following Fed CCAR Results
Jun 29, 2016 04:54PM JPMorgan's (JPM) 2016 Capital Plan Includes $10.6B Buyback
Jun 29, 2016 04:53PM Northern Trust (NTRS) Announces Capital Actions Post-CCAR Results; Includes Dividend Hike, Increased Stock Buyback
Jun 29, 2016 04:51PM Bank of New York (BK) Announces 12% Dividend Hike, $2.14B Common Stock Buyback Plan Amid CCAR Results
Jun 29, 2016 04:49PM PNC Financial Services (PNC) Announces Dividend Hike, New $2B Stock Buyback Plan
Jun 29, 2016 04:49PM Ally Financial's (ALLY) Capital Plan Includes Quarterly Dividend of 8c and $700M Buyback
Jun 29, 2016 04:47PM Fifth Third Bancorp's (FITB) 2016 Capital Plans Includes Quarterly Dividend to $0.14 and Buyback of $660M
Jun 29, 2016 04:46PM Citigroup (C) Announces Substantial Dividend Hike, $8.6B Stock Buyback Plan Following CCAR Results
Jun 29, 2016 04:43PM Discover Financial (DFS) Announces Increased Qtr. Dividend, Stock Buyback Plan Following Fed CCAR Results
Jun 29, 2016 04:42PM Bank of America (BAC) Approves $5B Buyback; Hikes Qtr. Dividend 50%
Jun 29, 2016 04:41PM Huntington Bancshares (HBAN) Announces 14% Dividend Hike Following Fed CCAR Results
Jun 29, 2016 04:41PM State Street (STT) Announces 11.8% Dividend Hike; Approves $1.4B Stock Buyback
Jun 29, 2016 04:39PM Zions Bancorp (ZION) Plans 33% Dividend Hike, Increased Stock Repurchases
Jun 29, 2016 04:39PM Capital One Financial (COF) Maintains Dividend and Approves $2.5B Buyback
Jun 29, 2016 04:37PM Morgan Stanley (MS) Hikes Qtr Dividend 33% to 20c/Share; Adds $2.5B to Stock Buyback Plan
Jun 29, 2016 04:36PM U.S. Bancorp (USB) Expects to Recommend Q3 Dividend of $0.28, Approves $2.6B Buyback
Jun 29, 2016 04:33PM Fed Releases CCAR Results; Objects to Capital Plan of Deutsche Bank (DB), Santander Holdings USA (SC)
Jun 29, 2016 04:31PM Fibrocell Science (FCSC) Updates on Azficel-T Wind-Down; Expects 'Significant' Cost Savings
Jun 29, 2016 04:31PM Morgan Stanley (MS) Conditionally Passes Stress Test, Must Resubmit
Jun 29, 2016 04:23PM BGC Partners (BGCP) Sees Q2 Distributable Earnings Around Midpoint of Prior Guidance
Jun 29, 2016 04:17PM Intercept Pharma (ICPT) Announces Aggregate $400M Conv. Senior Notes Offering
Jun 29, 2016 04:16PM Google Capital Makes $46.35M Investment in Care.com (CRCM)
Jun 29, 2016 04:15PM Seagate Technology (STX) Plans 3% Workforce Reduction; Sees Charges
Jun 29, 2016 04:08PM Xplore Tech (XPLR) FY16 Results Miss Expectations
Jun 29, 2016 04:05PM Global Blood Therapeutics (GBT) Commences GBT440 Phase 2a in Adolescents with SCD
Jun 29, 2016 04:02PM Tractor Supply (TSCO) Prelim. Q2 Results Miss Views; Fy16 Outlook Cut
Jun 29, 2016 02:48PM Newtek Business Services (NEWT) Buys banc-serv Partners
Jun 29, 2016 02:22PM Gogo (GOGO) Announces Expanded North American Coverage
Jun 29, 2016 12:51PM Joy Global (JOY) Reports SEC Concluded Investigation and Does Not Intend to Recommend Enforcement Action
Jun 29, 2016 12:47PM MGT Capital MGT) Enters Agreement to Commercialize E-Tagged Mobile Device Tracking Tech
Jun 29, 2016 12:27PM Wirecard Enters Agreement to Acquire Citi Prepaid Card Services
Jun 29, 2016 12:22PM Neustar (NSR), Twitter (TWTR) Partner in Spain to Measure Social Media Impact on TV
Jun 29, 2016 12:21PM Hovnanian Enterprises (HOV), GTIS Partners Enter $160M JV to Acquire Homebuilding Community Portfolio
Jun 29, 2016 12:05PM Bio-Path Holdings (BPTH) Enters $10M Stock, Warrants Registered Direct Offering
Jun 29, 2016 12:01PM Southern Co. (SO), AGL Resources (GAS) Merger Receives Final Approval in New Jersey
Jun 29, 2016 11:42AM WiLAN (WILN), Bosch Rexroth Settle Litigation
Jun 29, 2016 11:21AM Alphabet (GOOG) Adds TIAA CEO Roger Ferguson as Director
Jun 29, 2016 11:00AM Xura (MESG) Sees Strong Trading Amid New Telkomsel Deal
Jun 29, 2016 11:00AM Valspar Corp. (VAL) Shareholders Approve Sherwin-Williams (SHW) Merger
Jun 29, 2016 10:04AM comScore (SCOR) Inks Deal with Hearst Television
Jun 29, 2016 09:52AM Williams Cos. (WMB) Comments on Terminated ETE (ETE) Agreement, Will Seek Damages
Jun 29, 2016 09:42AM Southwestern Energy (SWN) Prices Upsized 86M Common Stock Offering for Proceeds of $1.1B
Jun 29, 2016 09:34AM Kinross Gold (KGC) Updates on Bald Mountain and Round Mountain Mines Ahead of Analyst Meetings
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