Anadarko Petroleum Corp. and its Kerr-McGee unit acted improperly in the 2005 spinoff of Tronox Inc. and may have to pay as much as $14 billion related to environmental cleanup and health claims, a judge ruled.
Meade Instruments completed the merger agreement with Sunny Optics (SOI) and Sunny Optics Merger Sub, a wholly-owned subsidiary of SOI, both of which are affiliates of Ningbo Sunny Electronic Co., Ltd.
The Securities and Exchange Commission (SEC) charged Merrill Lynch with making faulty disclosures about collateral selection for two collateralized debt obligations (CDO) that it structured and marketed to investors, and maintaining inaccurate books and records for a third CDO.
After months of on-going discussions with various levels of the Spanish government and continued internal due diligence, Las Vegas Sands Corp. said that a formal proposal to invest more than $30 billion to develop a series of integrated resorts in Madrid, Spain will not be forthcoming from the company.
Texas Community Bank, National Association, The Woodlands, Texas, was closed by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.
Premier Kathleen Wynne and Cisco Canada President Nitin Kawale announced an agreement that aims to significantly accelerate Ontario's status as a leader in technology innovation and key player in the global research and development landscape.
Polar Star Mining Corporation has entered into a sale and purchase agreement with Xtract Resources for, amongst other things, the sale of its Chepica gold and copper mine located 300km south of Santiago Chile.