Navistar International Corp (NYSE:NAV) announced that it has formed a wide-ranging strategic alliance with Volkswagen Truck & Bus,which includes an equity investment in Navistar by Volkswagen Truck & Bus and framework agreements for strategic technology and supply collaboration and a procurement joint venture. The agreements expected to be entered into in connection with the alliance […]

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TAL Education Group (ADR) (NYSE:XRS) keeps moving forward in the international education field. On September 5, TAL announced the release of HiWorld, a new training brand for overseas study.     Besides, TAL announced the full acquisition of ACESSAT, a training institution for overseas study. ACESSAT will serve as a part of HiWorld and provide […]

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Tech Data Corp (NASDAQ:TECD) is buying Avnet Inc.’s technology solutions group in a deal valued at $2.6 billion to expand into Asia and pursue newer products focused on the cloud and data centers. Its shares surged the most in 17 years.     Tech Data will pay $2.4 billion in cash plus shares valued at […]

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AirMedia Group Inc. (NASDAQ:AMCN) announced that it entered into an Amendment No. 1 to the Agreement and Plan of Merger (the “Merger Agreement Amendment”) to amend that certain Agreement and Plan of Merger (the “Merger Agreement”), dated September 29, 2015, by and among the Company, AirMedia Holdings Ltd. (“Parent”) and AirMedia Merger Company Limited (“Merger […]

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DTS Inc. (NASDAQ:DTSI) and Tessera Technologies, Inc announced that they have entered into a definitive agreement under which Tessera will acquire DTS for $42.50 per share, representing a 28% premium to DTS’s 30-day volume weighted average price as of September 19, 2016. The all-cash transaction is valued at approximately $850 million.     The transaction […]

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Bazaarvoice Inc. (NASDAQ:BV) announced a new partnership with Social Media Link (SML), the leader in online advocacy activation for brands, through this partnership, Social Media Link offers seamless integration to help marketers drive authentic product reviews that foster sales directly into Bazaarvoice’s powerful syndication engine, which shares consumer-generated content between 3,000 global brand and retail […]

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(Bloomberg) Bunge Ltd (NYSE:BG) a global agricultural-commodity trader, has decided to “significantly scale down” its asset-management unit, including its Climate Change Capital subsidiary, as it seeks to boost returns from core businesses. Bunge will “focus more on partnerships with industrial and strategic financial investors,” Susan Burns, a spokeswoman for the White Plains, New York-based company, […]

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Before the markets opened Friday, Eagle Pharmaceuticals announced third-quarter earnings results. Third-quarter financials were a relative non-event for the company although it made headway during the quarter on several product development with the FDA approval of Ryanodex, a dantrolene sodium injectable suspension for the treatment of malignant hypothermia, as well as a tentative approval and […]

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China Mobile Ltd. (ADR) (NYSE:CHL) and Huawei announced that the two companies have successfully completed an uplink CA field testing and validation. The carrier aggregation field testing uses 64 Quadrature Amplitude Modulation. The entire work has been finished using the commercial network of Jiangsu Mobile. The details The testing that Huawei completed in association with […]

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