Ryerson Inc. (RYI) Sees Flat Q3 QoQ Revenue Sep 30, 2016 04:29PM

Ryerson Holding Corporation (NYSE: RYI), a leading distributor and processor of metals, today provided guidance for its third quarter ending September 30, 2016. The Company expects third quarter 2016 net income attributable to Ryerson Holding Corporation in the range of $8 million to $12 million and Adjusted EBITDA, excluding LIFO in the range of $46 million to $50 million. Ryerson reported third quarter 2015 net income attributable to Ryerson Holding Corporation of... (continue reading...)


C. H. Robinson Worldwide (CHRW) Announces Completion of APC Logistics Acquisition Sep 30, 2016 04:06PM

C.H. Robinson (Nasdaq: CHRW) announced that it has finalized the acquisition of APC Logistics, a leading provider of freight forwarding and customs brokerage services to over 3,000 customers and suppliers in Australia and New Zealand. The $300 million AUD acquisition expands C.H. Robinson’s global presence and brings additional capabilities and expertise to the company’s portfolio. C.H. Robinson financed the acquisition and related fees and expenses with cash and... (continue reading...)


Viacom (VIAB) Forms Special Committee; Will Explore Potential Combination with CBS (CBS) Sep 30, 2016 04:03PM

The Board of Directors of Viacom Inc. (Nasdaq: VIAB,)(Nasdaq: VIA) formed a Special Committee of Independent Directors (“Special Committee”) to evaluate the request by National Amusements that Viacom explore a potential combination with CBS. National Amusements, directly and through subsidiaries, owns approximately 80% of the Class A (voting) common stock of both Viacom and CBS.

The Special Committee is comprised of independent directors Thomas May and Nicole... (continue reading...)


AVEO Oncology (AVEO) Enters Proposed Settlement Over Stockholder Litigation Sep 30, 2016 04:03PM

AVEO Oncology (Nasdaq: AVEO) announced that a settlement hearing will be held on December 19, 2016 at 3:00 p.m., before the Honorable Denise J. Casper, United States Courthouse, Courtroom No. 11 of the John Joseph Moakley U.S. Courthouse, 1 Courthouse Way, Boston, Massachusetts 02210 in the matter of Karen J. van Ingen v. AVEO Pharmaceuticals, Inc., et al., Civil Action No. 1:14-cv-11672-DJC (D. Mass.) (the “Settlement Hearing”).

As previously disclosed by the... (continue reading...)


Invacare Corp. (IVC) Sells ProBasics Brand Sep 30, 2016 04:02PM

Invacare Corporation (NYSE: IVC) announced that it has completed the sale of its subsidiary, Garden City Medical, Inc., dba PMI and Pinnacle Medsource, which sources and distributes primarily single-use products under the brand ProBasics® by PMI, to Compass Health Brands for approximately $13.8 million in cash, subject to certain post-closing adjustments. As part of the transition, Invacare will cease selling the ProBasics products after a 15-day transition... (continue reading...)


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Sep 30, 2016 06:46AM International Game Tech (IGT), U.S. SEC Enter Settlement Over Alleged Whistleblower Anti-Retaliation Provisions Violations
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