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  • Nov 24- United Technologies Corp said Chief Executive Louis Chenevert would retire immediately and named Chief Financial Officer Gregory Hayes as his successor. Shares of United Technologies were down 1 percent at $109.19 in premarket trading on Monday. Chenevert, who served as United Technologies' CEO for more than six years, joined the company in 1993 from...

  • Outerwall hikes prices for movie, video game rentals Monday, 24 Nov 2014 | 8:34 AM ET

    Nov 24- Outerwall Inc hiked prices for renting movies and video games at its Redbox kiosks to help fund improvements in its business as streaming sites reduce demand for DVDs. The cost of renting a DVD will increase to $1.50 per day from $1.20, while rental rates for Blu-ray discs will rise to $2 from $1.50, starting Dec. 2. The daily rental rate for video games will go...

  • Nov 24- Merck& Co Inc will buy worldwide commercial rights to NewLink Genetics Corp's experimental Ebola vaccine. The Public Health Agency of Canada, which originally developed the vaccine, will retain non-commercial rights to the drug. The U.S. National Institutes of Health has announced plans to start a large late-stage study of the vaccine in early 2015..

  • Nov 24- Private equity firm Carlyle Group LP is looking to raise about $5 billion for a fund that can hold stakes in companies for as long as 20 years, Bloomberg reported. The company expects to make investments that do not fit within the mandate of its sixth main buyout fund, which raised $13 billion last year, Bloomberg said, citing people familiar with the matter.

  • Nov 24- Trina Solar Ltd cut its full-year solar module shipment forecast, largely due to the cancellation of a 130 megawatts solar project in Inner Mongolia, sending the company's shares down as much as 5.4 percent premarket. Trina Solar said it expected solar module shipments of 1,045-1,095 megawatts in the current quarter, compared with the 1,063.8 MW it...

  • UPDATE 1-BioMarin to buy Prosensa in $840 mln deal Monday, 24 Nov 2014 | 7:39 AM ET

    Nov 24- BioMarin Pharmaceuticals Inc said it would buy Dutch drug developer Prosensa Holding NV for about $840 million including milestone payments, aiming to add to its portfolio of drugs to treat rare diseases. BioMarin will offer $17.75 for every Prosensa share and make two milestone payments of $80 million each following U.S. and European approvals for...

  • NEW DELHI, Nov 24- The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India. In India for the first round of high-level trade talks since the breakthrough, Froman urged progress on key areas of U.S....

  • BioMarin to buy Prosensa in $840 mln deal Monday, 24 Nov 2014 | 6:24 AM ET

    Nov 24- BioMarin Pharmaceuticals Inc said it would buy Dutch drug developer Prosensa Holding NV for about $840 million including milestone payments, aiming to add to its portfolio of drugs to treat rare diseases. BioMarin will offer $17.75 for every Prosensa share and make two milestone payments of $80 million each following U.S. and European approvals for...

  • Nov 24- Trina Solar Ltd reported a 16 percent jump in quarterly profit, helped by strong demand for solar modules from Japan and China. Net profit attributable to Trina Solar rose to $11.5 million in the third quarter ended Sept. 30, from $9.9 million a year earlier. The Changzhou, China- based company's revenue rose 12.5 percent to $616.8 million.

  • 3D Systems to buy design software maker Cimatron Monday, 24 Nov 2014 | 5:55 AM ET

    Nov 24- 3 D printer maker 3 D Systems Corp said it would buy Cimatron Ltd for about $97 million to strengthen its position in the fast-growing 3 D design and manufacturing business. 3 D Systems said it will pay $8.97 per Cimatron share, a premium of 47.5 percent to the stock's closing price on the Nasdaq on Friday. Israel- based Cimatron provides 3 D design software...

  • NEW DELHI, Nov 24- The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India. In India for the first round of high-level trade talks since the breakthrough, Froman urged progress on key areas of U.S....

  • Nov 24- Canadian buyout firm Onex Corp said it would buy Swiss packaging group SIG Combibloc Group AG for up to 3.57 billion euros. The deal is expected to close in the first quarter of 2015, subject to regulatory approvals, Onex said. Reuters reported earlier this month that Onex, Canada's largest listed private equity firm, was leading the bidding for SIG...

  • The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc.. Media companies including Time Warner, Walt Disney Co and CBS Corp had approached the U.S. Court of Appeals for the District of Columbia Circuit, saying the FCC's order would...

  • Nov 21- A U.S. federal appeals court has stayed the Federal Communications Commission's order requiring broadcast and cable companies to disclose programming contracts. The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc..

  • NEW YORK, Nov 21- Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. In a filing with the U.S. Bankruptcy Court in New York, Chief Financial Officer Ramon Rivera said getting protection from creditors should provide "necessary breathing room" for Aereo to sell its assets, recapitalize or...

  • UPDATE 2-Dow Chemical, Dan Loeb settle board debate Friday, 21 Nov 2014 | 1:10 PM ET

    Nov 21- Dow Chemical Co averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, by agreeing to add four independent directors to its board, sending its shares up as much as 4.5 percent. The company has agreed to add to the board two Third Point nominees- former Foster Wheeler AG CEO Raymond Milchovich and Steve Miller, the non-executive chairman of AIG.

  • Under the terms of the possible offer, Aviva would offer Friends Life shareholders 0.74 shares for each Friends Life share. The deal indicates a value of about 398.9 pence per Friends Life share, a 15 percent premium to the stock's Friday close. Friends Life shareholders would also receive an amount in cash equal to any Friends Life final dividend for the 2014...

  • Nov 21- A pressure group pushing for higher wages at Walmart stores said employees would stage protests at 1,600 U.S. stores on Black Friday, including 60 in Washington, D.C.. Wal-Mart Stores Inc, owner of Walmart stores and the largest private employer in the United States, has been at the center of the debate over proposals to raise the minimum wage.

  • Amazon plans ad-supported video streaming: Report Friday, 21 Nov 2014 | 12:04 PM ET

    Online retailer Amazon.com will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources.

  • Nov 21- A group of Walmart employees pushing for higher wages said they were planning to protest on Black Friday at 1,600 U.S. stores in areas including Washington and Los Angeles. The group also plans strikes at the San Francisco Bay Area, Sacramento, Chicago, Seattle, Texas, Minneapolis and Tampa among other places. Wal-Mart Stores Inc, owner of Walmart brand...