Bioptix (BIOP) to Terminate Some Employees Associated with Acquisition of its Subsidiary Jan 20, 2017 04:32PM

Bioptix, Inc. (Nasdaq: BIOP) announced that on January 14, 2017 the Board of Directors of the Company adopted a plan under which the Company will terminate certain employees associated with the September 2016 acquisition of its subsidiary, Bioptix Diagnostics, Inc. The Company commenced terminations on January 16, 2017 and terminations are expected to be completed within 30 days. The Company may pay severance benefits in certain circumstances of up to one month base... (continue reading...)

Valhi, Inc. (VHI) Names Robert D. Graham as President and CEO Jan 20, 2017 04:26PM

Valhi, Inc. (NYSE: VHI) disclosed in an SEC filing:

Effective January 20, 2017:·Bobby D. O'Brien, citing a desire to devote more time to his family and to pursue other interests, announced his retirement and resignation as chairman of the board and chief executive officer of the registrant. In connection with his retirement, Mr O'Brien has also resigned as a director and executive officer from all of the registrant's affiliated entities; and·The registrant's board of... (continue reading...)
Morgan Stanley CEO James Gorman's 2016 pay up 7 pct to $22.5 million Jan 20, 2017 04:18PM

By Olivia Oran

(Reuters) - Morgan Stanley (NYSE: MS) Chief Executive James Gorman's overall pay rose 7 percent in 2016 as the Wall Street bank's stock soared and it edged closer to hitting a key profitability target.

Gorman will receive $22.5 million in total compensation, up from $21 million in 2015, spokesman Mark Lake said in an email.

Gorman received a $5 million stock bonus for his performance in 2016, an 8 percent increase... (continue reading...)

Apple files $1 billion lawsuit against chip supplier Qualcomm Jan 20, 2017 04:13PM

By Diane Bartz and Stephen Nellis

(Reuters) - Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones.

Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that connect phones to wireless networks. The two companies together... (continue reading...)

EXCO Resources (XCO) Announces Receipt of NYSE Continued Listing Standard Notice Jan 20, 2017 04:06PM

EXCO Resources, Inc. (NYSE: XCO) today announced that on January 16, 2017, EXCO was notified by the New York Stock Exchange (“NYSE”) of its noncompliance with continued listing standards because the average closing price of its common shares over a period of 30 consecutive trading days had fallen below $1.00 per share, which is the minimum average closing price per share required to maintain listing on the NYSE.

Under the NYSE rules, during the six-month period from... (continue reading...)

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