The union and pension fund for Hostess Brands Inc. has hired Gordian Group, an investment bank specializing in distressed cases, to help preserve jobs and workers' benefits at the bankrupt maker of Twinkies snack cakes as Hostess negotiates with buyers.
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TD Ameritrade Q1 profit falls but assets soar
TD Ameritrade said quarterly net income fell 3.4 percent from a year earlier but beat analysts' expectations on record new assets from clients.
Intuit Responds to Court Decision Barring IRS From Regulating Tax Preparers
Intuit responded today to a decision of the U.S. District Court for the District of Columbia that prevents the Internal Revenue Service from regulating non-professional tax return preparers.
Progenics buys Molecular Insight Pharmaceuticals
Progenics Pharmaceuticals today announced that it has acquired Molecular Insight Pharmaceuticals Acquires Molecular Insight Pharmaceuticals to expand oncology-focused pipeline Exchanged about 4.
TD Ameritrade Gathers a Record $16 Billion in Net New Client Assets
TD Ameritrade gathered record net new client assets of $16 billion - up more than 50 percent from the same quarter a year ago.
Latest News
U.S. safety investigators on Sunday ruled out excess voltage as the cause of a battery fire this month on a Boeing Co 787 Dreamliner jet operated by Japan Airlines Co (JAL) and said they were expanding the probe to look at the battery's charger and the jet's auxiliary power unit.
Sony Corp. sells its assets and cuts jobs for a turnaround of its business. Singed by accumulated losses and a rather gloomy scenario for electronics manufacturing, global electronics major Sony Corp.
Dell is closing in on a deal with private equity group Silver Lake Partners seeming the most likely candidate to acquire the business.
The possible takeover news has resulted in the shares in Life Technology gaining more than 10 percent to $60.79.
A Montreal-based transportation and logistics company, TransForce Inc., is set to acquire Texas-based Velocity Express and its subsidiaries for approximately $35 million.
A report submitted by the U.S. House of Representatives Committee on Energy and Commerce found out that U.S. subsidiaries of foreign corporations have received around one-quarter of $16 billion from Section 1603 grant program.
Liberty Media Corp now holds nearly 50.5 percent of shares in Sirius XM Radio Inc. Liberty Media Corp gained majority control over Sirius XM Radio Inc.
CSi Complete, a provider of credible service and call center services to the automotive and insurance industries has merged with TenPoint Insurance Solutions.
Germany's central bank is set to bring back 700 tons of gold worth $36 billion stashed in United States and France.
