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  • 01/18/2018 21:59:05

    Xerox-Fujifilm deal should have been changed long ago -Icahn

    Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox Corp's (XRX) long-running photocopier joint venture with Fujifilm Holdings (FUJIF), reiterating demands for a change of leadership at Xerox.

  • 01/18/2018 17:02:49

    ADT prices IPO below target

    ADT Inc. said Thursday that it is pricing its initial public offering at $14 a share, which is below the $17 to $19 range the company targeted. The company is expected to start trading Friday and is listed on the New York Stock Exchange under the ticker "ADT." At $14 a share, the company has raised about $1.6 billion, suggesting a market capitalization of just over $10 billion. Morgan Stanley, Goldman Sachs, Barclays, Deutsche Bank Securities, and RBC Capital Markets are acting as joint book-runners for the IPO. Private equity firm Apollo Global Management took the firm private in a $6.9 billion leveraged buyout in February 2016. Apollo will continue to own a majority stake, making it a "controlled company" under NYSE rules. According to the company's prospectus, a survey found that ADT has 95% brand awareness. ADT hasn't yet released its 2017 financial results and has only been able to offer investors expectations ahead of the IPO.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/18/2018 14:25:54

    BRIEF-Cellular Biomedicine Announces Plan To Configure Part Of Shanghai Facility

    Cellular Biomedicine Group Inc(CBMG): * Cellular Biomedicine Group Inc(CBMG) - ANNOUNCED PLAN TO CONFIGURE PART OF ITS FACILITY IN SHANGHAI WITH GE HEALTHCARE'S FLEXFACTORY PLATFORM. * CELLULAR BIOMEDICINE-AFTER EXECUTION OF NON-BINDING LOI, SEES FLEXFACTORY TO BE OPERATIONAL IN CBMG-GE JOINT LABORATORY OF CELL THERAPY BY END OF 2018 Source text for Eikon: Further company coverage:

  • 01/18/2018 11:34:43

    UPDATE 2-Xerox-Fujifilm deal should have been changed long ago -Icahn

    Jan 18 (Reuters) - Hedge fund investor Carl Icahn called on Thursday for the termination or renegotiation of Xerox Corp's long-running joint venture with Fujifilm Holdings reiterating demands for a change of leadership at Xerox.

  • 01/18/2018 08:09:02

    Icahn urges Xerox board to act on Fuji joint venture

    Billionaire investor Carl Icahn on Thursday urged Xerox Corp. to revise or even terminate its Fuji Xerox joint venture in the wake of an accounting scandal, and offered his support to Darwin Deason, the company's third-biggest shareholder. Deason said Wednesday that Xerox should disclose its agreement with Fuji and explore strategic alternatives regarding Fuji. "We are obviously in favor of renegotiating the joint venture agreement to make it more favorable for Xerox," Icahn wrote in an open letter to shareholders. "This should have been done a long, long time ago. It is self-evident that the current management team is clearly incapable of doing so." Icahn also criticized the "long-tenured directors at Xerox" who refuse to acknowledge that change is needed. In December, Jonathan Christodoro, a former Icahn employee, resigned from his role as member of the Xerox board after a disagreement about strategy. Xerox shares were down 0.8%, but have gained 15% in the last 12 months, while the S&P 500 has gained 23%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/18/2018 06:08:17

    BRIEF-CB&I Announces Joint Development Agreement With Saudi Aramco

    Chicago Bridge & Iron Company Nv(CBI): * CB&I ANNOUNCES JOINT DEVELOPMENT AGREEMENT WITH SAUDI ARAMCO.

  • 01/17/2018 18:45:01

    Major shareholder demands Xerox disclose agreement with Fuji

    Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp (FUJIF), saying U.S. securities laws require it. Xerox (XRX) and Fujifilm (FUJIF) have a five-decade-old copier joint venture focusing on the Asia Pacific region including Japan and China, leaving Xerox (XRX) to cover the rest of the world.

  • 01/17/2018 18:40:25

    CORRECTED-UPDATE 1-Major shareholder demands Xerox disclose JV agreement with Fuji

    Jan 17 (Reuters) - Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp , saying U.S. securities laws require it should do so.

  • 01/17/2018 18:40:20

    CORRECTED-Major shareholder demands Xerox disclose JV agreement with Fuji

    Jan 17 (Reuters) - Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp , saying U.S. securities laws require it should do so.

  • 01/17/2018 14:14:30

    BRIEF-Seacor Marine Announces JV With Affiliates Of Cosco Shipping Group

    * SEACOR MARINE ANNOUNCES JOINT VENTURE WITH AFFILIATES OF COSCO SHIPPING GROUP

  • 01/17/2018 13:04:48

    Major shareholder demands Xerox disclose JV agreement with Fuji

    (Reuters) - Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp , saying U.S. securities laws require it should do so.

  • 01/16/2018 15:01:12

    Boeing, Adient form JV to build airplane seats

    Boeing Co. and Adient Plc said Tuesday they formed a joint venture, Adient Aerospace, to develop, manufacture, and sell airplane seats. "Seats have been a persistent challenge for our customers, the industry and Boeing, and we are taking action to help address constraints in the market," Kevin Schemm, a vice president at Boeing, said in a statement. The seats will be available for new planes as well as retrofit configurations, the companies said. Adient is primarily a maker of seating for the auto industry. The new joint venture headquarters and plant will be located near Frankfurt, Germany. Adient is the majority stakeholder, with 50.01% share, with Boeing the 49.99% partner. Shares of Boeing rose 0.1% in late trading after ending the regular session down 0.3%; Adient shares fell 2.7% in after hours after ending the regular trading day down 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 08:03:28

    AveXis shares drop 6% on company's plans to offer up to $400 mln shares in public offering

    AveXis Inc. shares dropped 6.4% in moderate morning trade Tuesday after the company announced plans for an up to $400 million secondary offering. AveXis also plans to grant the underwriters -- joint book-running managers Goldman Sachs, Jefferies and BofA Merrill Lynch and lead manager BMO Capital Markets -- an option to buy up to $60 million in additional shares of common stock at the public offering price. AveXis also announced on Tuesday plans to expand its clinical development program for spinal muscular atrophy gene therapy candidate AVXS-101. AveXis shares have surged 7.8% over the last three months, compared with a 9.7% rise in the S&P 500 and a 12.4% rise in the Dow Jones Industrial Average. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 07:18:09

    BRIEF-Kaman Announces $17 Million Joint Programmable Fuze Order

    Kaman Corp(KAMN): * KAMAN ANNOUNCES $17 MILLION JOINT PROGRAMMABLE FUZE ORDER. * Kaman Corp(KAMN) - AWARD IS AN ADDITIONAL ORDER UNDER OPTION 13 OF KAMAN'S JPF CONTRACT WITH U.S. AIR FORCE. * Kaman Corp (KAMN) - MODIFICATION INCREASES TOTAL VALUE OF OPTION 13 TO MORE THAN $102 MILLION, ALL OF WHICH WAS IN BACKLOG AT DECEMBER 31, 2017 Source text for Eikon: Further company coverage:

  • 01/12/2018 10:36:57

    Russia's Novak says to discuss possible exit from OPEC+ deal in Oman

    Ministers from leading OPEC and non-OPEC producers will discuss the possibility of a smooth exit from a global deal to cut oil output next week, Russia's energy minister said on Friday. Russia and Saudi Arabia are leading a joint OPEC and non-OPEC effort to limit production to prop up prices.

  • 01/12/2018 05:39:25

    EU mergers and takeovers (Jan 12)

    The following are mergers under. APPROVALS AND WITHDRAWALS. -- Property investment management company Jones Lang LaSalle (JLL) and UK real estate investment fund Intu Properties to jointly acquire a shopping centre in Norwich, UK. NEW LISTINGS. -- Units of Ivanhoe Cambridge and QuadReal Property to set up joint venture to invest in Indian real estate projects, particularly logistics parks.

  • 01/11/2018 12:38:13

    BRIEF-PG&E To Confer With Diablo Canyon Joint Proposal Parties On Path Forward After CPUC Decision

    PG&E(PCG): * AFTER CPUC DECISION, PG&E TO CONFER WITH DIABLO CANYON JOINT PROPOSAL PARTIES ON PATH FORWARD. * SAYS ‍SINCE FULL PROPOSAL WAS NOT APPROVED, CO WILL MEET TO CONFER WITH LABOR, COMMUNITY, ENVIRONMENTAL GROUP PARTNERS IN DAYS AHEAD ABOUT DECISION​ Source text for Eikon: Further company coverage:

  • 01/11/2018 11:40:34

    Xerox reportedly in talks for a deal with Fujifilm

    The two companies already have a joint venture called Fuji Xerox.        

  • 01/11/2018 04:10:28

    BRIEF-Cannaroyalty And Aequus Pharmaceuticals Announce JV To Develop And Commercialize Cannabis-Based Therapies ...

    Aequus Pharmaceuticals Inc(AQSZF): * CANNAROYALTY AND AEQUUS PHARMACEUTICALS ANNOUNCE JOINT VENTURE TO DEVELOP AND COMMERCIALIZE CANNABIS-BASED THERAPIES TARGETING NEUROLOGICAL DISORDERS Source text for Eikon: Further company coverage:

  • 01/10/2018 22:50:14

    UPDATE 3-Toyota, Mazda announce $1.6 bln plant for Huntsville, Alabama

    MONTGOMERY, Ala., Jan 10 (Reuters) - Toyota Motor Corp and Mazda Motor Corp said on Wednesday they will build a $1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump, who wants automakers to expand U.S. production.

  • 01/10/2018 13:51:18

    Toyota, Mazda announce $1.6 billion plant for Huntsville, Alabama

    MONTGOMERY, Ala. (Reuters) - Toyota Motor Corp and Mazda Motor Corp announced Wednesday they will build a $1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump who wants automakers to expand U.S. production.

  • 01/10/2018 13:03:34

    Toyota, Mazda confirm $1.6 billion plant for Alabama

    Toyota Motor Corp(TM) and Mazda Motor Corp (MZDAF) confirmed Wednesday they will build a $1.6 billion joint venture assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump who wants automakers to expand U.S. production.

  • 01/09/2018 16:21:00

    Toyota, Mazda pick Alabama as site of joint factory: report

    Toyota and Mazda will reportedly build their $1.6 billion joint factory in Alabama, completing a selection process that began last summer.

  • 01/09/2018 01:17:12

    Kenon, Chery sell 51 pct of China car venture Qoros for $1 bln

    TEL AVIV, Jan 9 (Reuters) - Israel's Kenon Holdings Ltd said on Tuesday a China-based investor related to the Baoneng group has acquired 51 percent of its Qoros Automobile joint venture after the deal obtained approval from China's Ministry of Commerce. The Baoneng-related investor paid 6.63 billion yuan ($1 billion) for the stake. As a result, Kenon's stake has fallen to 24 percent while Wuhu Chery Automobile Investment Co, a subsidiary of Chery Automobile Co, holds 25 percent.

  • 01/07/2018 13:00:46

    High or Dry? California legal pot to test supply pipeline

    Most Californians with an urge to smoke a joint will enter the state's legal marijuana marketplace through a single doorway — at a retail shop.

  • 01/02/2018 19:27:58

    American Airlines joins Southwest in giving $1,000 bonuses to workers after tax overhaul

    American Airlines Group said Tuesday it would give every employee a $1,000 bonus in the wake of the recent U.S. tax overhaul. "We believe it is the right thing to do for our team, which ultimately benefits our shareholders too," American CEO Doug Parker and President Robert Isom said in a joint statement. The company said the bonuses will come in the first quarter of 2018 and total about $130 million. Earlier Tuesday, Southwest Airlines also said it would give $1,000 bonuses to its employees, and last week, major companies such as Bank of America, Wells Fargo and Comcast Corp. announced similar plans.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/02/2018 15:36:50

    BRIEF-South Jersey Industries Seeks Approval For The Acquisition Of Elizabethtown Gas

    South Jersey Industries Inc(SJI): * SOUTH JERSEY INDUSTRIES(SJI): SOUTH JERSEY INDUSTRIES SEEKS APPROVAL FOR THE ACQUISITION OF ELIZABETHTOWN GAS. * SOUTH JERSEY INDUSTRIES(SJI) - CO, PIVOTAL UTILITY HOLDINGS FILED JOINT PETITION DEC 21, 2017 TO NEW JERSEY BPU FOR APPROVAL OF ACQUISITION OF ELIZABETHTOWN GAS Source text for Eikon: Further company coverage:

  • 01/02/2018 12:55:58

    UPDATE 1-Weatherford shares plummet after company scraps OneStim venture

    HOUSTON, Jan 2 (Reuters) - Shares of Weatherford International Plc fell 18 percent on Tuesday after the oilfield services company abandoned a proposed joint venture with Schlumberger and instead sold its hydraulic fracturing business to Schlumberger, a bigger rival.

  • 01/02/2018 12:01:11

    Boeing-Embraer talks have not settled question of control: sources

    SAO PAULO (Reuters) - Tie-up talks between Boeing Co and Embraer SA have not settled key questions such as control of the Brazilian planemaker or the possibility of a more narrow joint venture, two people familiar with the negotiations told Reuters, pushing back against a newspaper report on Tuesday.

  • 01/02/2018 11:56:28

    Boeing-Embraer talks have not settled question of control -sources

    Tie-up talks between Boeing Co (BA) and Embraer SA have not settled key questions such as control of the Brazilian planemaker or the possibility of a more narrow joint venture, two people familiar with the negotiations told Reuters, pushing back against a newspaper report on Tuesday.

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