Allied World Assurance Company Holdings, AG announced today that Allied
World Assurance Company, Ltd has reached definitive agreements to
acquire the Hong Kong and Singapore operations of Royal & Sun Alliance
Insurance plc (“RSA”) for approximately $215 million.
The Wet Seal, Inc. (Nasdaq: WTSL), announced that the Company will host
a conference call on Wednesday, September 10, 2014 at 1:30 p.m. Pacific
Time to discuss second quarter Fiscal 2014 results, followed by a
question and answer session.
QVC, Inc. announced today the completion of the previously announced
offering of $600 million principal amount of new 4.45% senior secured
notes due 2025 and $400 million principal amount of new 5.45% senior
secured notes due 2034 (collectively, the “Notes”). The Notes will be
secured by a first-priority lien on the capital stock of QVC, which is
the same collateral that secures QVC's existing secured indebtedness and
certain future indebtedness.
Liquidmetal Technologies, Inc. (OTCQB: LQMT), the leading developer of
amorphous alloys and composites, has been invited to present at the 2014
Gateway Conference being held on Thursday, September 4, 2014 at the Palace
Hotel in San Francisco.
The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT)
(the “Fund”) reaffirmed its 10% distribution policy and declared a $0.22
per share cash distribution payable on September 23, 2014 to common
stock shareholders of record on September 16, 2014.
SANTA ANA, CA --
Baxter International Inc. (NYSE:BAX) today announced positive results
from its Phase 3 pivotal clinical trial of BAX 855, an investigational,
extended half-life recombinant factor VIII (rFVIII) treatment for
hemophilia A based on ADVATE [Antihemophilic Factor (Recombinant)],
which met its primary endpoint in reducing annualized bleed rates (ABR)
in the prophylaxis arm compared to the on-demand arm.
By Barbara Kollmeyer, MarketWatch
MADRID (MarketWatch) -- U.S. stock futures moved north on Thursday, as neither downbeat Chinese data nor a perceived hawkish set of Federal Reserve minutes swayed upbeat sentiment.
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