Franchise News
David Crane Steps Down as President and CEO of NRG, Mauricio Gutierrez Named as His Replacement
KaloBios to Acquire Benznidazole Program, Program is Used for the Treatment of Chagas Disease
KaloBios Pharmaceuticals, Inc. has announced in a press release that it will be acquiring a benznidazole program from Savant Neglected Diseases, LLC, a privately-held specialty pharmaceutical company. The program is used for the treatment of Chagas Disease.
Latest News
Qualcomm Enters Patent License Agreement with Xiaomi, Quells Fears that Chinese Vendors are Ignoring Company's Patent Licensing
Qualcomm Inc. has announced in a press release that it has entered into a new 3G and 4G China patent license agreement with Xiaomi Inc., a leading Chinese smartphone and Internet company. The announced agreement quells investors’ fears that Chinese vendors are ignoring Qualcomm’s patent licensing.
Yahoo Board Eying Sale of Internet Business: Execs Also Allegedly Considering Spinning Off Stake in Alibaba
Yahoo, Inc.’s board of directors is planning a series of meetings this week to discuss its options regarding the future of the company, people familiar with the plans told the Wall Street Journal.
RadioShack Names Nick Cannon as New Chief Creative Officer In Hopes Of Being A Must-Visit Electronics Store Again
RadioShack has announced in a press release published in PR Newswire that it has named Nick Cannon, one of the most successful and multi-faceted artists in the entertainment industry today, to be its new chief creative officer (CCO).
Outdoor Outfitter Cabela's Explores Strategic Alternatives, Looks To Increase Value For Shareholders
Cabela’s Inc. has announced in a press release that its board of directors is looking to explore and evaluate a wide range of strategic alternatives. The company is looking to increase its value for shareholders.
Shell Decides to Increase Production of Alpha Olefins at Geismar Chemical Plant, Becomes World's Largest Alpha Olefins Producer
Shell Chemical LP has announced in a press release its final investment decision to increase the production of Alpha Olefins (AO) at its chemical plant in Geismar, Louisiana. The increase in production makes the plant the largest producer of AO in the world.
Great Western Bancorp to Acquire HF Financial, Solidifies Market Leadership Position in Sioux Falls
Great Western Bancorp, Inc. has announced in a press release that it will be acquiring HF Financial Corp. for approximately $139.5 million in a cash and stock transaction. The acquisition of HF Financial, the holding company and parent of Home Federal Bank, solidifies Great Western’s market leadership in Sioux Falls.
McCormick & Company Appoints Lawrence Kurzius as New President and CEO For 2016, Alan D. Wilson to Remain as Executive Chairman
McCormick & Company, Inc. has announced in a press release that Lawrence E. Kurzius, the current president and COO, will be promoted to president and CEO of the company, effective Feb. 16.
Ford to Spend $1.3 Billion, Add 2000 Jobs to Kentucky Truck Plant, Support Launch of New Ford F-Series
Ford Motor Company has said in a press release that it will be investing $1.3 billion and adding 2,000 jobs to its truck plant in Kentucky. The move is to support the launch of its all-new Ford F-Series Super Duty truck.
Morgan Stanley Plans to Cut Quarter of its Bonds, Currency Trading Jobs, Believes Slump in Trading Revenue will Continue
Morgan Stanley is planning to cut a quarter of its workforce, all of which will be coming from the debt and currencies division, people familiar with the matter told The Wall Street Journal. The job cuts are because of the Wall Street firm’s belief that the already months-long slump in trading revenues will persist.
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