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Updated: 3 hours 42 min ago

Outerwall Inc to explore Financial Alternatives; mm2 Entertainment Unveils its Three Future Projects

Tue, 03/15/2016 - 13:46

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On Monday, Bellevue, Washington based Outerwall Inc said the company with a network of movie and game rental kiosks, would explore strategic and financial alternatives.

In extending trading hours on Monday, shares of the company climbed almost 15 percent to $39.50. The company doubled its quarterly dividend to 60 cents a share.

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Avon will Cut 2,500 Jobs; Plans to Shift Headquarters to UK

Tue, 03/15/2016 - 13:41

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Avon Products Inc. headquartered in New York City said it has a three year turnaround plan, which includes shifting its headquarters to the UK and 2,500 job cuts around the globe. The cosmetic maker's shares climbed close to four percent at $4.55 during the extended trading hours.

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Kellogg Co. Running an Internal Investigation Identify the Man behind “Disgusting Act” at Memphis Plant

Tue, 03/15/2016 - 13:34

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Kellogg says a video that surfaced online on Friday showing a man urinating on an assembly line was recorded in its Memphis, Tennessee, factory.

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Anbang Insurance Group Might Disrupt Marriott-Starwood Deal with an Unsolicited Bid to buy Starwood Hotels & Resorts Worldwide

Tue, 03/15/2016 - 13:29

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As China's economy faces a slowdown, Chinese insurers are rushing out of the country to acquire high-yielding assets. The insurers are struggling to keep up with the policy liabilities of the ageing population and the U. S. assets are considered as a good hedge against the future weakness which the yuan might face.

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Scientists are one step closer tocontraceptive pill for men

Tue, 03/15/2016 - 08:32

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A team of scientists has indicated that they are now a step closer to developing a contraceptive pill for men.

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