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Plymouth Rock Assurance to buy MAPFRE Insurance, spread in New York
Plymouth Rock AssuranceFriday June 15, 2018 4:17AM ET
Plymouth Rock Assurance Corporation reached agreement to continue its expansion into the New York State insurance market with the acquisition of MAPFRE Insurance Company of New York, subject to regulatory approvals.
Discovery to create 240 jobs, invest $16 million in Loudoun County Va.
DiscoveryThursday June 14, 2018 3:46PM ET
Discovery intends to invest $16 million to expand its global technology and operations hub in Loudoun County Va.
United Bancorp to acquire Powhatan Point Community Bancshares
Powhatan PointThursday June 14, 2018 10:33AM ET
United Bancorp (UBCP), the holding company for Unified Bank, and Powhatan Point Community Bancshares, the holding company for First National Bank of Powhatan Point, announced that they have signed a definitive merger agreement whereby United will acquire Powhatan in a stock and cash transaction.
Magnolia Petroleum to sell 31 wells to tackle lending facility
Magnolia PetroleumThursday June 14, 2018 10:26AM ET
Oil and gas production firm Magnolia Petroleum signed a non-binding agreement for the sale of its 31 wells in North Dakota for a total consideration of $1.5m.
Genesee & Wyoming saw 18,042 carloads in May
Genesee & WyomingThursday June 14, 2018 9:49AM ET
Genesee & Wyoming (G&W) G&W’s traffic in May 2018 was 293,096 carloads, an increase of 18,042 carloads, or 6.6%, compared with May 2017. G&W’s same-railroad traffic in May 2018 was 292,371 carloads, an increase of 17,317 carloads, or 6.3%, compared with May 2017.
Unilever not happy with strike in Brazil, plans to exit Britain's FTSE 100
UnileverThursday June 14, 2018 9:33AM ET
Unilever is "extremely unlikely" to stay in Britain's FTSE 100 blue chip share index after the company moves its headquarters to the Netherlands.
Fed approves Ameris Bancorp-Hamilton State Bancshares merger
Ameris BancorpThursday June 14, 2018 9:25AM ET
The U.S. Federal Reserve said it had approved a merger between Georgia’s Ameris Bancorp and Hamilton State Bancshares.
Royal Caribbean Cruises to invest $1 billion in Silversea Cruises
Silversea CruisesThursday June 14, 2018 9:02AM ET
Royal Caribbean Cruises announced an agreement for RCL to acquire a stake in privately-owned Silversea Cruises, bringing together two companies with bold, long-term visions for the cruise industry.
Swiss EBL to build Europe’s largest electric vehicle charging hub
EBLThursday June 14, 2018 8:29AM ET
Swiss energy firm EBL plans to create an E-Mobility Hub in in the canton of Basel-Landschaft which could be used by 130,000 cars a day.
Cirque du Soleil Entertainment Group to launch family entertainment centres
Cirque du SoleilThursday June 14, 2018 7:13AM ET
Cirque du Soleil Entertainment Group announced it is adding family entertainment centres to its portfolio of creative projects.
Heads should roll at Fonterra, say New Zealand leaders
FonterraThursday June 14, 2018 6:13AM ET
New Zealand First leader Winston Peters has swung in behind his MP Shane Jones, joining him in savaging Fonterra and its chairperson.
London-Gatwick takes investment to over £3 billion with new five-year plan
Stewart WingateThursday June 14, 2018 5:57AM ET
Chief executive Stewart Wingate announced the new five-year Capital Investment Plan (CIP) for Gatwick Airport at the British-Irish Airports Expo in London.
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